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Matching Service 9-month revenue rises 5.4%

08 February 2024

Matching Service Japan (6539:TYO), a recruitment firm based in Japan, reported revenue yesterday for the nine-month period ended 31 December 2023 of JPY 3.37 billion (USD 22.6 million), up 5.4% over the same period the year prior.

(JPY millions) 9 months 2023 9 months 2022 Change 9 months 2023 (USD millions)
Revenue 3,377 3,204 5.4% 22.6
Gross profit 3,376 3,204 5.3% 22.6
Operating profit 1,329 1,369 -2.9% 8.9
Net profit 1,020 1,049 -2.7% 6.8

The company is mainly focused on legal and accounting/finance professions such as attorney, certified public accountant, tax accountant, among others, and management sector jobs, such as accounting, finance, human resources and general affairs, legal, corporate planning, among others.

Looking ahead the company forecasted revenue of JPY 5.19 billion (USD 34.8 million) for the year ended 31 March 2024.

Matching Service Japan shares closed at JPY 1,250.00 (USD 8.38), down 1.26% on the day and 4.21% below its 52-week high of JPY 1,305.00 (USD 8.75), set on 29 November 2023. The company has a market cap of JPY 31.65 billion (USD 212.20 million).