Japan – JAC Recruitment reports full year revenue up 24%

Filed under: News |

By memberservices@staffingindustry.com (Danny Romero)

Japanese staffing firm JAC Recruitment (2124: TYO) reported revenue during the full year ending 31 December 2016 of JPY 13.8 billion (USD million), an increase of 23.6% compared with JPY 11.2 billion (USD 92.6 million) during 2016.

FY 2016
USD
FY 2015
Change
Revenue
JPY 13,838 million
121.5 million
JPY 11,200 million
23.6%
Operating Income
JPY 4,725 million
41.5 million
JPY 3,519 million
34.2%
Net Income
JPY 3,269 million
28.7 million
JPY 1,811 million
80.4%

JAC Recruitment provides recruitment services to local enterprises and multinationals in Japan, the United Kingdom, and rest of Asia.

The company conducts recruitment of skilled permanent employees ranging from assistant level personnel to executives and various specialists. It also offers Japanese speaking and multilingual specialists, as well as online job listing services.

JAC Recruitment also published a forecast for the half year ending June 2017 of JPY 8.01 billion (USD 70.3 million) and for the full year ending December 2017 of JPY 16.41 billion (USD 144.1 million).

In trading today, JAC Recruitment Co Ltd closed at JPY 1,366.00 (USD 11.9), up 0.59% on the day and 26.12% below its 52-week high of JPY 1,849.00 (USD 16.2), set on 10 June 2016. Based on its current share price the company has a market value of 56.07 billion (USD 492.2 million).

Source:: Japan – JAC Recruitment reports full year revenue up 24%

      

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