Interworks (6032:TYO), a Japan-based recruitment company reported revenue today for the first six months ended 30 September 2020 of JPY 726 million (USD million), a decrease of 55.6% when compared to the previous year.

Results were negatively impacted by the stagnation of economic activity due to the coronavirus crisis.

The company operates through three segments: its main segment which is the media and solutions business, a recruitment business covering the IT, accounting/finance, legal, HR and manufacturing sectors, and a recruitment support business supplying HR tech under the JDV brand.

Interworks forecasted revenue between JPY 1.82 billion (USD 17.6 million) to JPY 2.08 billion (USD 20.1 million) for the year ended 31 March 2021.

Shares in Interworks Inc closed at JPY 332.00 (USD 3.22), no change on the day and 7.10% above its 52-week low of JPY 310.00 (USD 3.00), set on 6 August 2020. The company has a market cap of JPY 3.21 billion (USD 31.1 million).