Media Five (3824: JP), a staffing firm in Japan that provides engineers to the IT industry, reported revenue today for the nine months ended 28 February 2023 of JPY 1.30 billion (USD 9.8 million), down 1.4% compared to last year.

Media Five operates two primary business segments: Business-to-Business, which includes the company’s staffing operations; and Business-to-Consumer, which involves software and project development. In addition to those businesses, Media Five also operates a construction business.

Looking ahead, the group forecasted revenue of JPY 1.85 billion (USD 13.96 million) for the year ended 31 May 2023.

Media Five shares closed at JPY 601.00 (USD 4.54), down 1.6% on the day. The company has a market cap of JPY 564.94 million (USD 4.2 million).