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Mirai Works reports full year 2023 results, forecasts FY2024 revenue growth

20 November 2023

Japan-based HR services firm Mirai Works (6563: TYO) reported revenue yesterday of JPY 8.36 billion (USD 56.1 million) for the full year ended 30 September 2023. The group did not publish prior year results in its financial year report published on 14 November 2023.

Last year the group published its financial year results for 2022 with revenue of JPY 6.35 billion (USD 45.6 million) for the full year ended 30 September 2022, an increase of 29.5% when compared to the same period last year.

FY 2023 Results

(JPY millions) FY 2023 FY 2023 (USD millions)
Revenue 8,369 56.1
Gross Profit 2,178 14.6
Gross Margin 26.0%  
Operating Profit 235 1.5
Net Profit 129 0.8

Looking ahead the company forecasted revenue of JPY 10.00 billion (USD 67.08 million) for the year ended 30 September 2024.

Mirai Works shares closed at JPY 976.00 (USD 6.55) on 14 November, up 2.62% on the day. The company has a market cap of JPY 4.46 billion (USD 29.92 million).