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View All NewsLike Co full year revenue jumps 4.1%, but profits decline
Japanese staffing firm Like Co Ltd (2462: JP) reported revenue for the full year ended 31 May 2023 of JPY 60.01 billion (USD 433.4 million), up 4.1% when compared to last year.
| (JPY millions) | FY 2022 | FY 2021 | Change | FY 2022 (USD millions) |
| Revenue | 60,015 | 57,642 | 4.1% | 433.4 |
| Gross Profit | 9,659 | 10,145 | -4.8% | 69.7 |
| Gross Margin | 16.1% | 17.6% | - | - |
| Operating Income | 3,580 | 4,238 | -15.5% | 25.8 |
| Net Income | 2,568 | 3,268 | -21.4% | 18.5 |
Like Co Ltd. provides general worker dispatching and employment placement services. The company also provides outsourcing, recruitment, as well as childcare support services and nursing care related services.
Revenue in the childcare support services business was up 4.5%.
The comprehensive human resources business which includes subsidiary Like Staffing, saw revenue rise by 4.0% over the year. The nursing-related service business saw revenue also increase by 3.2% over the year. Revenue in the others segment, which includes the multimedia service business, decreased by 8.2%
Looking ahead the company forecasted revenue of JPY 63.30 billion (USD 457.05 million) for the year ended 31 May 2024.
Like shares closed today at JPY 1,719.00 (USD 12.41), up 0.82% on the day and 8.39% above its 52-week low of JPY 1,586.00 (USD 11.45), set on 9 June 2023. The company has a market cap of JPY 34.89 billion (USD 251.9 million).