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View All NewsJapan – Matching Services H1 revenue up 13.2%
Matching Service Japan (6539:TYO), a recruitment firm based in Japan, reported revenue of JPY 1.85 million (USD 15.5 million) for the first six months ended 30 September 2021.
The group did not provide prior year results for comparison in their announcement, but the previously reported H1 2020 results can be found here and below the H1 2021 results, which shows an increase of 13.2%.
H1 2021
| (JPY millions) | H1 2021 | H1 2021 (USD millions) |
| Revenue | 1,854 | 16.3 |
| Gross Profit | 1,853 | 16.3 |
| Operating Income | 776 | 6.8 |
| Net Income | 553 | 4.8 |
H1 2020
| (JPY millions) | H1 2020 | H1 2019 | Change | H1 2019 (USD millions) |
| Revenue | 1,637 | 2,043 | -19.9% | 15.5 |
| Gross Profit | 1,636 | 2,042 | -19.8% | |
| Operating Income | 596 | 821 | -27.4% | 5.6 |
| Net Income | 413 | 659 | -37.3% | 3.9 |
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 3.92 billion (USD 29.90 million) for the year ended 31 March 2022.
Shares in Matching Service shares closed at JPY 997.00 (USD 8.81), up 0.20% on the day and 30.33% above the 52 week low of JPY 765.00 (USD 6.76) set on 13 November 2020. The company has a market cap of JPY 24.86 billion (USD 219.65 million).