Mirai Works reports Q1 revenue and profits growth
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Japan-based HR services firm Mirai Works (6563: TYO) on 14 February reported revenue of JPY 2.84 billion (USD 15.7 million) for the first quarter ended 31 December 2024.
The company did not provide prior year results for comparison, however Mirai Works’ Q1 2024 results can be found here. When comparing Q1 2025 to Q1 2024, revenue was up 20.3% and profits were also up.
Q1 2025
(JPY millions) | Q1 2025 | Q1 2025 (USD millions) |
Revenue | 2,842 | 18.7 |
Gross Profit | 743 | 4.9 |
Gross Margin | 26.1% | - |
Operating Profit | 157 | 1.0 |
Net Profit | 99 | 0.6 |
Q1 2024 results
(JPY millions) | Q1 2024 | Q1 2024 (USD millions) |
Revenue | 2,363 | 15.5 |
Gross Profit | 587 | 3.8 |
Gross Margin | 24.8% | - |
Operating Profit | 53 | 0.3 |
Net Profit | 19 | 0.1 |
Mirai Works provides a number of staffing and other related services in Japan, mostly in professional segments such as healthcare.
Looking ahead, the company forecasted revenue of JPY 12.80 billion (USD 84.3 million) for the year ended 30 September 2025.
Mirai Works shares closed on 14 February at JPY 1,014 (USD 6.68), down 0.97% on the day. The company has a market cap of JPY 5.16 billion (USD 34.0 million).