WDB Holdings Co. Ltd (2475:TYO), a Japanese holding company that includes staffing firms, reported revenue today rose 1.4% in the nine months ended 31 December 2020.

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).

Revenue in the human resources services segment was up 0.3% year-on-year. The group’s CRO segment reported an increase of 14.4%, year-on-year. Revenue in the other segment was down 27.2%.

Looking ahead, the company forecasted revenue of JPY 42.80 billion (USD 406.05 million) for the year ended March 2021.

Shares in WDB Holdings closed at JPY 2,748.00 (USD 26.07), down 0.04% on the day and 20.92% below its 52-week high of JPY 3,475.00 (USD 32.97), set on 21 October 2020. The company has a market cap of JPY 55.14 billion (USD 523.06 million).