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View All NewsJapan – Mirai Works revenue climbs 18.1%, profits reports growth
16 November 2021
Japan-based HR services firm Mirai Works (6563: TYO) reported revenue of JPY 4.91 billion (USD 42.9 million) for the full year ended 30 September 2021, an increase of 18.1% when compared to the same period last year.
| (JPY millions) | FY 2021 | FY 2020 | Change | FY 2021 (USD millions) |
| Revenue | 4,907 | 4,155 | 18.1% | 42.9 |
| Gross Profit | 1,251 | 870 | 43.7% | 10.9 |
| Gross Margin | 25.4% | 20.9% | - | - |
| Operating Income | 232 | 77 | 201.6% | 2.0 |
| Net Income | 142 | 41 | 241.8% | 1.2 |
The group said an impairment loss was recorded in its web platform business.
Looking ahead, Mirai Works forecasted revenue of JPY 6.00 billion (USD 52.50 million) for the year ending September 2022.
Shares in Mirai Works closed on Friday at JPY 1,048 (USD 9.17), up 10.3% on the day. The company has a market cap of JPY 4.84 billion (USD 42.3 million).