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Outsourcing gets extension for earnings report as investigation takes place

14 August 2023

Outsourcing Inc. (2427:TYO), an IT staffing provider that ranks as the third-largest staffing firm in Japan, announced Monday that the deadline for it to report second-quarter revenue has been extended to 13 October as the company conducts an internal investigation. The original deadline had been 14...


Hirayama Holdings’ fiscal year net sales rise across business lines

14 August 2023

Hirayama Holdings Co. Ltd. (7781:TYO), a Tokyo-based provider of engineering and manufacturing staffing, announced Monday that net sales rose 13.2% in its fiscal year ended 30 June to JPY 31.67 billion (USD 219.2 million).

Net sales in its manufacturing temporary staffing business rose 10.9% year over...


Trigyn reports revenue, profit rise in fiscal Q1

14 August 2023

Trigyn Technologies Ltd. (TRIGYN.NSI), an IT services and staffing firm headquartered in India, last week reported revenue rose 13.0% to INR 3.23 billion (USD 39.3 million) in its fiscal first quarter ended 30 June.

Profit after tax jumped 103.7% to INR 59.4 million (USD1.5 million), according to the...


Labor shortage prompts more Japanese firms to use workers aged 70 and older (Nikkei Asia)

14 August 2023

Companies in Japan are increasingly turning to older workers, with 39% letting employees work until age 70 and beyond in 2022 — nearly double the number a decade ago, Nikkei Asia reported. Employers are using older workers to plug a gap to fill labour shortages. The article reported those aged 65 and...


Info Edge revenue up 15.1%, cites growth in hiring outside of IT

11 August 2023

Info Edge (India) Ltd. (NAUKRI:NSI), a Noida, India-based firm that operates the Naukri job board, reported revenue from operations rose 15.1% to INR 5.84 billion (USD 71.2 million) in its fiscal first quarter ended 30 June, according to consolidated results released Friday. Revenue in Info Edge’s...


HiTech Group says demand for ICT plan fuels operating revenue growth of 17.8%

11 August 2023

HiTech Group Australia Ltd (HIT:ASX), a Sydney-based recruiter specializing in staffing information and communications technology professionals for the Australian government sector, reported operating revenue rose 17.8% to AUD 74.4 million (USD 49.2 million) in its fiscal year ended 30 June. HiTech announced...


Advancer Global revenue falls 0.4% in first half of fiscal year

11 August 2023

Advancer Global Ltd. (43Q:SES), a Singapore-based firm, on Thursday announced that revenue in the six months ended 30 June fell 0.4% to SGD 31.4 million (USD 23.3 million).

Advancer has two core business segments: facilities management services encompassing building management and security services, and...


Plans call for New Zealand companies to report gender pay gap

11 August 2023

The New Zealand government plans to make companies report their gender pay gaps. The announcement was made Friday by New Zealand Minister for Women Jan Tinetti and Associate Minister for Workplace Relations and Safety Priyanca Radhakrishnan.

It’s estimated around 900 entities with more than 250 employees...


Recruit revenue falls 2.1% with decline at Indeed

10 August 2023

Recruit Holdings Co. Ltd. (6098:TYO), one of the world’s largest staffing firms and owner of job board Indeed, reported revenue fell 2.1% in constant currency to JPY 850.8 billion (USD 5.89 billion) in its fiscal first quarter ended 30 June. Revenue declined at Indeed, which saw paid job ads fall...


Persol revenue rises 9.4% with demand up in Japan

10 August 2023

Persol Holdings Co. Ltd. (2181:TYO), the second-largest Japanese staffing firm, reported revenue rose 9.4% year over year to JPY 328.70 billion (USD 2.28 billion) in its fiscal first quarter ended 30 June.

The company likely benefited from positive foreign currency movements against the Japanese Yen which...