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Japan – Matching Service Japan H1 revenue up 14.6% while profits rally

10 November 2022

Matching Service Japan (6539:TYO), a recruitment firm based in Japan, reported revenue of JPY 2.12 million (USD 14.5 million) for the first six months ended 30 September 2022, up 14.6% when compared to the same period a year ago.

(JPY millions) H1 2022 H1 2021 Change H1 2022 (USD millions)
Revenue 2,124 1,854 14.6% 14.5
Gross Profit 2,124 1,853 14.6% 14.5
Operating Income 899 776 15.8% 6.1
Net Income 696 553 25.9% 4.7

The company is mainly focused on legal and accounting/finance professions such as attorney, certified public accountant, tax accountant, among others, and management sector jobs, such as accounting, finance, human resources and general affairs, legal, corporate planning, among others.

Looking ahead the company forecasted revenue of JPY 4.41 billion (USD 30.11 million).

Matching Service Japan Co Ltd shares closed at JPY 851.00 (USD 5.81), up 0.71% on the day and 19.02% above the 52-week low of JPY 715.00 (USD 4.88) set on 9 March 2022. The company has a market cap of JPY 21.11 billion (USD 144.16 million).