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Japan – Tsukui Staff H1 revenue slips 1.3% as it reports loss

05 November 2021

Tsukui Staff Corporation (7045:TYO), a Japan-based provider of recruitment, temporary employment, education training and other services reported revenue today of JPY 3.90 billion (USD 34.2 million) for the six months ended 30 September 2021, down 1.3% over the same period last year.

(JPY millions) H1 2021 H1 2020 Change H1 2021 (USD millions)
Revenue 3,901 3,951 -1.3% 34.2
Gross Profit 659 600 9.8% 5.7
Gross Margin 16.8% 15.2% - -
Operating Income -11 77 - -0.1
Net Income -25 32 - -0.2

Founded in 2016, the company is engaged in temporary staffing and permanent placement and specialises in nursing and medical care. It was launched in 2016 by parent company Tsukui Co. Ltd., a group which offers various nursing care services such as visiting nursing care services, nursing home and elderly housing services, as well as human resources development.

Looking ahead the company forecasted revenue of JPY 8.24 billion (USD 72.36 million) for the full year ended March 2022.

Shares in Tsukui Staff closed at JPY 1,499.00 (USD 13.17), up -0.47% on the day and 15.31% above the 52 week low of JPY 1,300.00 (USD 11.42) set on 28 December 2020. The company has a market cap of JPY 2.40 billion (USD 21.07 million).