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View All News14 October 2021
Japanese staffing firm and job board Dip Corp. (2379: JP) reported revenue today for the second quarter ended 31 August 2021 of JPY 8.38 billion (USD 74.0 million), an increase of 21.5% compared to the same period last year.
| (JPY millions) | Q2 2021 | Q2 2020 | Change | H1 2021 (USD millions) |
| Revenue | 8,387 | 6,906 | 21.5% | 74.0 |
| Gross Profit | 7,295 | 6,149 | 18.6% | 64.3 |
| Gross Margin | 86.9% | 89.0% | ||
| Operating Profit | 1,115 | 938 | 26.2% | 9.8 |
| Net Income | 948 | 829 | 14.3% | 8.3 |
The company said it robust growth in the Digital Transformation business and a strong recovery in the personnel recruiting services business.
Within the personnel recruiting services business, sales remained on a recovery trend, despite the re-extension of the third state of emergency and subsequent declaration of a fourth state of emergency. Growth in market share accelerated due to focus on expansion of customer base during the pandemic.
The group also reported revenue of JPY 17.61 billion (USD 155.4 million) for the six months period, up 9.6% over the year.
Looking ahead the company forecasted revenue between JPY 42.8 billion to JPY 49.0 billion (USD 377.6 to 432.3 million) for the year ended 28 February 2022.
Shares in Dip Corp closed at JPY 4,280.00 (USD 37.77), up 2.64% on the day and 3.60% below its 52-week high of JPY 4,440.00 (USD 39.18), set on 28 September 2021. The company has a market cap of JPY 250.78 billion (USD 2.21 billion).
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October 14, 2021 at 06:57PM
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Japan – Dip Corp Q2 revenue rises 21.5% with boost from digital transformation and recruitment - Staffing Industry Analysts
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