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Japan - Fullcast net revenues up

15 February 2013

Fullcast Holdings Co Ltd (4848:TYO), the Tokyo based listed staffing firm, which comes 56th in Staffing Industry Analysts ranking of listed staffing firms by market cap, released its annual results today. Net sales were up 8% from Yen 34.32 billion ($367 million) in 2011 compared to Yen 36.9 billion ($395 million) in 2012.

Operating profit was up 16% from Yen 1.54 billion ($16.5m) in 2011 to Yen 1.78 billion ($19.1 million) in 2012 but net profit was down -33% at Yen 1.43 billion ($15.3 million).

Fullcast operates in two business segments. The Short-term Business Support segment is engaged in the provision of short-term and events-related human resource services. The Security segment is engaged in the security guard business for public facilities and general corporations. To see an interview with the CEO last year click here

On Friday, the company’s shares closed at Yen 16,380, down -3.36% on the day but 28.87% above the 52 week low of 12,710 set on 5 June 2012. This makes the company’s market cap worth Yen 6.71 billion ($72 million).

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