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Japan-based recruiter Jac Recruitment (2124:OS) today reported that total sales in 2012 amounted to USD 65.3 million (JPY 6.12 billion), compared to USD 53.3 million (JPY 4.99 billion) a year ago, an increase of 23%.
Operating income in the period increased 74% to USD 14.6 million (JPY 1.37 billion) against USD 8.4 million (JPY 788 million) in the previous year. But net income dropped 10% to USD 7.2 million (JPY 670 million) from USD 8.0 million (JPY 758 million).
According to research by Staffing Industry Analysts, Jac is among the 60 largest staffing firms in Japan. The Japanese staffing market Japan is the second-largest staffing market in the world after the US and is highly fragmented compared to most other major staffing markets.
Jac Recruitment is engaged in the recruitment and registration of job seekers, also providing consulting services. The Group also specialises in staffing services for overseas job seekers to join local companies and it also provides domestic recruitment services.