Tsunagu Holdings (6551:JP), a Japan-based company offering recruitment related services, reported revenue on 6 February 2025 for the first quarter ended 31 December 2024 of JPY 4.50 billion (USD 29.5 million), an increase of 16.2% when compared to the same period last year.

Tsunagu engages in staff support and employment placement services. It provides recruitment supporting, corporate event outsourcing, job lead media operation, recruitment training, and other services.

Revenue in the staffing business was up 20.8% from the same period last year.

Revenue in the human capital business, which includes RPO services and digital transformation recruitment was up 11.4%.

Meanwhile, revenue in the ‘other business’ segment, which is responsible for business management and management of the group’s subsidiaries, was down 91.8% over the prior year period.

Looking ahead the company forecasted revenue of JPY 20.00 billion (USD 131.2 million) for the year ended 30 September 2025.

Tsunagu Group shares closed on 6 February 2025 at JPY 651.00 (USD 4.27), up 1.88% on the day and 25.43% above the 52-week low of JPY 519.00 (USD 3.41) set on 7 August 2024. The company has a market cap of JPY 5.54 billion (USD 36.3 million).

Tags: Japan, earnings, staffing, revenue