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Japan – Matching Service full-year revenue climbs 14.2% as profits increase

12 May 2023

Recruitment firm Matching Service Japan (6539:TYO)  reported annual revenue for the year ended 31 March 2022 yesterday of JPY 4.29 billion (USD 31.8 million), an increase of 14.2% compared to the previous year.

(JPY millions) FY 2022 FY 2021 Change FY 2022 (USD millions)
Revenue 4,293 3,758 14.2% 31.8
Gross Profit 4,292 3,758 14.2% 31.8
Operating Profit 1,789 1,576 13.5% 13.3
Net Income 1,223 1,032 18.4% 9.1

Matching Service Japan is mainly focused on legal and accounting/finance professions such as attorney, certified public accountant, tax accountant, among others, and also 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 5.19 billion (USD 38.5 million) for the year ended 31 March 2024.

Matching Service Japan shares closed yesterday at JPY 1,044.00 (USD 7.75), up 1.56% on the day and 10.77% below its 52-week high of JPY 1,170.00 (USD 8.69), set on 16 February 2023. The company has a market cap of JPY 25.70 billion (USD 190.8 million).