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En Japan Q1 net sales edged down 1.5%

En Japan Q1 net sales edged down 1.5%

Craig Johnson
| August 8, 2024

Main article

Net sales fell 1.5% at en Japan (4849:TYO), a provider of HR technology and recruitment, to JP¥16.25 billion (USD 101 million) in the company’s fiscal first quarter ended 30 June. The Tokyo-based company noted a rising number of paid-for job ads in its HR tech segment, but net sales declined in the Japanese job board market.

A difficult external environment led to lower net sales at its business located outside of Japan.

Operations at en Japan include:

  • En World Japan, a temporary staffing provider
  • Insight Tech, a contract marketing research organization
  • Brocante, a jobs website for freelance engineers
  • Zeku, a provider of a recruitment management system and a platform that enables clients to build their own recruitment websites
  • En Konkatsu Agent, an online marriage consultancy

The company also has overseas operations, including:

  • Navigos Group, a job placement and job board management firm in Vietnam
  • Future Focus Infotech, an IT staffing and managed software development business in India
  • New Era India Consultancy, a job placement business in India

en Japan Inc. - Q1 2025

(JPY millions)

Q1 2025

Q1 2024

% change

Q1 2025 (USD millions)

Net sales

16,246

16,499

-1.5%

101

Gross profit

13,012

12,938

0.6%

81

Gross margin

80.1%

78.4%

 -

 -

Profit

1,207

620

94.7%

7

Guidance

For the full fiscal year ending 31 March 2025, en Japan forecast net sales will rise 7.9%.

Share Price

Shares in en Japan closed up 0.82% to JP¥2,594 (US$17.66) on 8 August in Japan. They were 13.96% below their 52-week high.