Japan – J-Com rebrands as Like Co. Ltd., says revenue up 43%

Filed under: News |

By memberservices@staffingindustry.com (Danny Romero)

Japanese staffing firm J-Com Holdings (2462: JP) has rebranded to Like Co Ltd. and reported revenue for the first half ending 30 November 2016 of JPY 19.03 billion (USD 163.9 million), an increase of 42.7% compared with JPY 13.33 billion (USD 113.6 million) the previous year.

H1 2016
USD
H1 2015
Change
Revenue
JPY 19.0 billion
163.9 million
JPY 13.3
42.7%
Operating Income
JPY 925 million
7.9 million
JPY 571 million
61.9%
Net Income
JPY 610 million
5.2 million
JPY 1.5 billion
(59.3%)

Like Co Ltd. provides general worker dispatching and employment placement services. The company also provides outsourcing staffing, recruitment, and education support services for the mobile phone sales industry in Japan.

The company also forecasted revenue for the year ending in May 2017 of JPY 38.30 billion (USD 329.9 million).

In trading yesterday, Like Co. Ltd. shares closed at JPY 2,165 (USD 18.64), up 6.02% on the day and 24.5% below its 52-week high of JPY 2,870 (USD 24.71). Based on its current share price, the company has a market value of JPY 19.5 billion (USD 168 million).

Source:: Staffing Industry Analysts Daily Newsfeed

      

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