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Japan – Matching Service full year revenue up 11.5%

13 May 2022

Recruitment firm Matching Service Japan (6539:TYO)  reported annual revenue for the year ended 31 March 2022 today of JPY 3.75 billion (USD 30.9 million), an increase of 11.5% compared to the previous year.

(JPY millions) FY 2021 FY 2020 Change FY 2020 (USD millions)
Revenue 3,758 3,369 11.5% 30.9
Gross Profit 3,758 3,368 11.5% 30.9
Operating Profit 1,576 1,239 27.1% 11.4
Net Income 1,032 1,082 -4.6% 9.9

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.

The group said it reported an increase in highly specialised human resources such as certified accountants and tax accountants and management department occupations. Revenue in media sales posted an increase.

The group said that its outlook remains uncertain due to factors such as Russia's invasion of Ukraine. However, the company forecasted revenue of JPY 4.41 billion (USD 34.36 million) for the year ended March 2023.