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View All NewsJapan – Matching Service Japan revenue up 7.4% in Q1
Matching Service Japan (6539:TYO) reported revenue of JPY 902 million (USD 8.1 million) for the first quarter ended 30 June 2021.
The company did not provide prior year results however Q1 2020 results are shown in the chart below after the 2021 results for comparison. The comparison indicates an increase in revenue of 7.4%.
Q1 2021 results
| (JPY millions) | Q1 2021 | Q1 2021 (USD millions) |
| Revenue | 902 | 8.1 |
| Gross Profit | 902 | 8.1 |
| Gross Margin | 99.9% | - |
| Operating Income | 361 | 3.2 |
| Net Income | 251 | 2.2 |
Q1 2020 results
| (JPY millions) | Q1 2020 | Q1 2020 (USD millions) |
| Revenue | 840 | 7.6 |
| Gross Profit | 840 | 7.6 |
| Gross Margin | 99.9% | |
| Operating Income | 340 | 3.0 |
| Net Income | 237 | 2.1 |
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 and corporate planning among others.
Looking ahead, the company forecasted revenue of JPY 3.92 billion (USD 35.5 million) for the full year ended March 2022.
Shares in Matching Service closed at JPY 1,062.00 (USD 9.62), down 2.21% on the day and 16.64% below its 52-week high of JPY 1,274.00 (USD 11.54), set on 4 February 2021. The company has a market cap of JPY 27.13 billion (USD 245.7 million).