WDB Holdings Co. Ltd (2475:TYO), a Japanese holding company that includes staffing firms, reported revenue on Friday rose 7.3% in the nine months ended 31 December 2021.

WDB Holdings provides four core services primarily in the clinical/scientific sector: human resource services (permanent placement and temporary dispatch), outsourced research services (CRO), R&D/manufacturing, and ‘interaction’ services (M&A and research).

The company said that within its human resources service business, as a result of active sales activities and recruitment activities for jobseekers, the number of new dispatch requests and orders has increased. It also recovered to pre-pandemic levels.

Within its CRO business, the group’s performance remained strong in Japan. Overseas, Finland's business performance was strong.

Earlier this year, WDB Holdings announced that it will sell all the shares of its subsidiary Kaken Genex, a firm that manufactures gas injection equipment and nitrogen generation equipment.

Looking ahead WDB Holdings forecasted revenue of JPY 46.60 billion (USD 405.13 million) for the year ended 31 March 2022.

Shares in WDB Holdings closed on Friday at JPY 2,903 (USD 25.24), up 2.43% on the day. The company has a market cap of JPY 56.26 billion (USD 489.12 million).