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Japan – En-Japan buoyed by improved market conditions

12 November 2013

Japanese online recruitment firm, en-japan Inc., (4849: JP) reported revenue for the six months ending 30 September 2013 of JPY 7.5 billion (USD 75.7 million), an increase of +16.3% compared with JPY 6.4 billion (USD 64.6 million) last year.

The company reported an operating profit of JPY 1.6 billion (USD 16.1 million) for the period, an increase of +26.1% from JPY 1.3 billion (USD 13.1 million) a year ago. En-japan reported a pre-tax profit for the six months of JPY 1.8 billion (USD 18.2 million), a rise of +34.5% from JPY 1.4 billion (USD 14.1 million).

En-japan achieved a net income for the six months of JPY 2.3 billion (USD 23.2 million), an increase of +187.4% compared with JPY 806 million (USD 8.1 million) in 2012.

En-japan has invested in expanding and advertising its business, combined with improving employment market conditions, have resulted in improved results.

The company provides internet recruitment services in Japan. The company operates various websites, including Career Change Info, Career Change Consultant, and Temporary Placement Info, in addition to other websites.

In trading today, the company’s share price rose by +3.7% to JPY 2,421 (USD 24.42), an increase of +209.9% compared with a year ago. Based on its current share price, the company has a market value of JPY 59.66 billion (USD 601.9 million). 


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