Media Five (3824: JP), a Japanese firm that provides engineers to the IT industry, reported revenue today for the six months ended 30 November 2020 of JPY 736 million (USD 7.0 million), down 5.9% 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 company forecasted revenue of JPY 1.46 billion (USD 14.0 million) for the year ended May 2021.

Shares in Media Five closed at JPY 719.00 (USD 6.90), up 4.51% on the day. The company has a market cap of JPY 708.93 million (USD 6.80 million).