Human Holdings Co. Ltd. (2415:JP), a provider of human resource and employment services in Japan, announced it has revised its forecast for the full year period ended 31 March 2021.

The company is upgrading its forecasted revenue to JPY 85.81 billion (USD 789.13 million) from the previously forecasted JPY 85.35 billion (USD 784.89 million). Forecasted operating profit was also upgraded to JPY 2.70 billion (USD 24.83 million) from the previously announced 1.90 billion (USD 17.47 million). At the same time, forecasted net income was upgraded to JPY 1.43 billion (USD 13.15 million), from the previously forecasted 850 million.

The group said the performance of the temporary staffing business is exceeding expectations.

Human Holdings also announced that it will record an impairment loss of JPY 422 million (USD 3.88 million) in the consolidated financial statements which will be recorded as an extraordinary loss.

The company primarily engages in human resources business and education. The Human Resources segment provides staffing, placement and recruiting, and outsourcing services. The Education segment is engaged in continuing education and full-time education services. The company also engages in several other services such as nursing care, nail salons and sports and entertainment.

According to SIA’s report Largest Staffing Firms in Japan and Market Overview, Human Holdings ranks as the 13^th largest staffing firm in Japan.