Japan – Matching Service full year revenue up 11.5%

Recruitment firm Matching Service Japan (6539:TYO)  reported annual revenue for the year ended 31 March 2022 today of JPY 3.75 billion (USD 30.9 million), an increase of 11.5% compared to the previous year.

India – FirstMeridian files for IPO with market regulator Sebi

India-based HR services investment platform FirstMeridian Business Services has filed preliminary papers with capital markets regulator Sebi to raise INR 8 billion (USD 103.3 million) through an initial public offering (IPO).

Incorporated in 2018, FirstMeridian provides a wide range of service offerings,...

India – IT services created over 500,000 new jobs in FY22 (The Economic Times)

The IT services sector in India created more than 500,000 new jobs in fiscal year 2022, doubling the earlier projected net growth of its active workforce for the fiscal year, reports The Economic Times, citing data put together by staffing firm Xpheno. The job creation was led by Indian IT services marquee...

Japan – En-Japan full year revenue up 27.7%, profits on the rise

Japan-based recruitment and job information provider En-Japan Inc (4849:TYO) reported revenue today of JPY 54.54 billion (USD 423.8 million) for the full year ended 31 March 2022, a 27.7% increase compared to last year.

Revenue was up mainly due to the steady recovery of the domestic recruitment websites...

Japan – Altech first quarter revenue up 8% as profits show improvement

Japanese technical staffing firm Altech Corp. (4641:JP) reported revenue today for the first quarter ended 31 March 2022 of JPY 10.08 billion (USD 78.5 million), an increase of 8.0% when compared to the same period last year.

Japan – World Holdings revenue rises 23.2% in first quarter

Japanese outsourcing services company World Holdings (2429: JP) reported revenue for the first quarter ended 31 March 2022 of JPY 40.71 billion (USD 316.4 billion), an increase of 23.2% compared to the previous year.

World – LinkedIn settles scraping lawsuit against Singapore-based firm

LinkedIn announced it has resolved its federal lawsuit against Singapore-based Mantheos Pte. Ltd. and its founders for the alleged unauthorized scraping of millions of LinkedIn member profiles.

Mantheos is a business intelligence company providing data on individuals and companies. LinkedIn filed...

India – Wages near pre-pandemic levels for most sectors (The Economic Times)

Most sectors in India have reached or are on their way to pre-pandemic normalcy in terms of salaries, reports The Economic Times, citing research from TeamLease Services. On the salary front, top sectors for pay for 2022 include ecommerce and tech startups, healthcare and allied industries, IT and knowledge...

Japan – Will Group full year revenue climbs 11% with boost from overseas business

Japanese HR firm Will Group (6089:TYO), which focuses on temporary staffing, business contracting and recruitment, reported revenue of JPY 131.08 billion (USD 1.01 billion) for the year ended 31 March 2022, an increase of 10.9% when compared to the same period last year.

South Korea – Temporary workers up 1% in April, unemployment rate improves

South Korea’s temporary workers saw an increase of 1.0% year over year to 4.71 million in April 2022, according to data released by Statistics Korea.

When compared to the previous month, the number of temporary workers grew by 1.2%.

Statistics Korea data also showed that the unemployment rate stood at...