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Japan – Like Co full year revenue up 6.3%

12 July 2021

Japanese staffing firm Like Co Ltd (2462: JP) reported revenue for the full year ended 31 May 2021 of JPY 54.27 billion (USD 492.9 million), up 6.3% when compared to last year.

(JPY millions) FY 2020 FY 2019 Change FY 2020 (USD millions)
Revenue 54,274 51,072 6.3% 492.9
Gross Profit 9,778 8,383 16.6% 88.8
Gross Margin 18.0% 16.4% - -
Operating Income 3,610 2,000 80.5% 32.7
Net Income 3,262 1,793 81.9% 29.6

 

Like Co Ltd. provides general worker dispatching and employment placement services. The company also provides outsourcing staffing, recruitment, as well as childcare support services and nursing care related services.

Looking ahead the company forecasted revenue of JPY 57.50 billion (522.11 million) for the year ended May 2022.

Shares in Like Co closed at 2,147.00, -16.36% below its 52-week high of 2,567.00, set on 23 April 2021. The company has a market cap of JPY 41.73 billion (USD 378.91 million).