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View All NewsJapan – Mirai Works reports first quarter results
Japan-based HR services firm Mirai Works (6563: TYO) on Friday reported revenue of JPY 1.14 billion (USD 10.8 million) for the first quarter ended 31 December 2020.
While the company did not provide prior year results for comparison, previously announced results from the prior year are posted below the Q1 2021 results indicating an increase in revenue of 12.9%.
| (JPY millions) | Q1 2021 | Q1 2021 (USD millions) |
| Revenue | 1,143 | 10.8 |
| Operating Income | 24 | 0.2 |
| Net Income | 17 | -0.1 |
| (JPY millions) | Q1 2020 | Q1 2020 (USD millions) |
| Revenue | 1,012 | 9.6 |
| Operating Income | 24 | 0.2 |
| Net Income | 16 | 0.1 |
In June 2020 Mirai Works announced that it agreed to acquire the job platform and media businesses from Japan Human Resources, an HR company also based in Japan.
Looking ahead, the company forecasted revenue of JPY 5.00 billion (USD 47.50 million) for year ended 30 September 2021.
Shares in Mirai Works closed at JPY 1,265 (USD 12.20), up 1.36% on the day. The company has a market cap of JPY 5.70 billion (USD 54.15 million).