Japan – Careerlink revenue up 15%

By memberservices@staffingindustry.com (Danny Romero)

Japanese staffing company Careerlink (6070: JP) reported revenue last week for the nine months ending 30 November 2016 of JPY 14.02 billion (USD 11.8 million), an increase of 15.3% compared with JPY 12.16 billion (USD 10.1 million) during the same period last year.

9 months ending 30 Nov 2016
USD
9 months ending 30 Nov 2015
USD
Change
Revenue
JPY 1,402 million
11.8 million
JPY 1,216 million
10.1 million
15.3%
Operating Income
JPY 748 million
6.3 million
JPY 655 million
5.4 million
14.2%
Net Income
JPY 480 million
4.0 million
JPY 403 million
3.3 million
19.1%

The company offers temporary and contract services but reports revenue according to four segments; business process outsourcing (BPO), customer relationship management (CRM), general office staffing services, and technology manufacturing business.

Careerlink also forecasted revenue for the year ending February 2017 of JPY 19.98 billion (USD 168.9 million).

In trading last week, Careerlink Co Ltd closed at JPY 811.00, (USD 6.86) up 1.75% on the day and 23.6% above the 52-week low of JPY 656.00 (USD 5.54) set on 24 June 2016. Based on its current share price the company has a market value of JPY 9.7 billion (USD 82.0 million).

Source:: Staffing Industry Analysts Daily Newsfeed