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View All NewsJapan – Tsukui Staff full year revenue slips 7.3% as profits weaken
Tsukui Staff Corporation (7045:TYO), a Japan-based provider of recruitment, temporary employment, education training and other services reported revenue today of JPY 7.65 billion (USD 70.4 million) for the full year ended 31 March 2021. This is a decrease of 7.3% compared to the same period a year ago.
| (JPY millions) | FY 2020 | FY 2019 | Change | FY 2020 (USD millions) |
| Revenue | 7,658 | 8,257 | -7.3% | 70.4 |
| Gross Profit | 1,088 | 1,278 | -14.8% | 10.0 |
| Gross Margin | 14.2% | 15.5% | - | - |
| Operating Income | 59 | 365 | -83.7% | 0.5 |
| Net Income | 4 | 226 | -97.9% | 0.0 |
The group said it saw a decrease in the labour cost of dispatched staff due to the decrease in dispatched staff. In personnel placement, the number of contracts concluded was ‘sluggish’.
Looking ahead the company forecasted revenue of JPY 8.25 billion for the year ended 31 March 2022.
Shares in Tsukui Staff closed at 1,813.00 (USD 16.67), -7.83% below its 52-week high of 1,967.00 (USD 18.09), set on 31 March 2021. The company has a market cap of JPY 2.95 billion (USD 27.1 million).