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View All NewsJapan – Matching Service Japan revenue up 15.7%
Matching Service Japan (6539:TYO) reported revenue of JPY 2.81 million (USD 24.3 million) for the first nine months ended 31 December 2021. The company did not provide prior year results in its announcement for comparison, however, the previous year results can be found here. Comparing 2021 with 2020 showed a revenue increase of 15.7%.
9 months 2021
| (JPY millions) | 9 months 2021 | 9 months 2021 (USD millions) |
| Revenue | 2,812 | 24.3 |
| Gross Profit | 2,812 | 24.3 |
| Operating Income | 1,193 | 10.3 |
| Net Income | 831 | 7.2 |
9 months 2020
| (JPY millions) | 9 months 2020 | 9 months 2019 | Change | 9 months 2020 (USD millions) |
| Revenue | 2,429 | 3,067 | -20.8% | 23.2 |
| Gross Profit | 2,428 | 3,065 | -20.7% | 23.2 |
| Operating Income | 868 | 1,268 | -31.5% | 8.3 |
| Net Income | 617 | 1,078 | -42.8% | 5.9 |
The company is mainly focused on recruitment in 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.
The group said it saw increased selling, general and administrative expenses due to marketing and advertising costs.
Shares in Matching Service Japan closed at JPY 922.00 (USD 7.99), up 1.54% on the day and 13.13% above the 52 week low of JPY 815.00 (USD 7.06) set on 25 January 2022. The company has a market cap of JPY 22.69 billion (USD 196.59 million).