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Japan – Career Design Centre reports full year growth

12 November 2013

Japan-based HR services provider Career Design Centre Co., (2410: JP) reported revenue for the year ending 30 September 2013 of JPY 5.1 billion (USD 51.5 million), an increase of +28.1% compared with JPY 3.99 billion (USD 40.3 million) last year.

The company reported an operating profit of JPY 500 million (USD 5 million), an increase of +40.5% compared with JPY 356 million (USD 3.6 million) in 2012. Career Design reported a pre-tax profit of JPY 502 million (USD 5.1 million) for the 12 month period, an increase of +39.6% from JPY 360 million (USD 3.6 million) last year.

The company achieved a net income of JPY 425 million (USD 4.3 million), an increase of +19.5% compared with JPY 356 million (USD 3.6 million) for the year ending 30 September 2012.

According to their financial statement, the company expanded its market share in the engineering market contributing to improved profitability. Career Design reported year-on-year sales growth of +128.1%, with record sales reported in the company’s recruiting business. The company’s IT dispatching business achieved full year profitability for the first time since its inception three years ago.

Career Design Centre engages in the provision of human resource services primarily in Japan. The company operates change jobs sites for business people and engineers, and women for jobs matching function; and provides fair vocation and recruitment services. It also offers IT staffing services; publishes a career information Web magazine; and organizes media events for students to draw career plan job hunting, as well as events for students with career orientation. The company was founded in 1993 and is headquartered in Tokyo, Japan.

In trading today, the company’s share price rose by +5.4% to JPY 114,800 (USD 1,158), an increase of +123.9% compared with a year ago. Based on its share price, the company has a current market value of JPY 8.1 billion (USD 81.7 million). 

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