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Japan – Artner full year revenue and profits rise in 2018

14 March 2019

Japanese recruitment firm Artner (2163: JP) reported revenue yesterday for the full year ended 31 January 2019 of JPY 6.33 billion (USD 56.7 million), an increase of 9.8% compared to last year.

(JPY millions) FY 2018 FY 2017 Change FY 2018 (USD millions)
Revenue 6,331 5,765 9.8% 56.7
Operating Profit 785 681 15.3% 7.0
Net Income 540 480 12.5% 4.8

The company provides employment recruitment services across Japan offering permanent, temporary, and contract staffing services. In addition, Artner is also involved in the provision of mechanical design, electrical and electronic design, software, and chemical and bio-based research and development services.

The company forecasted revenue of JPY 6.84 billion (USD 61.28 million) for the year ended January 2019.

In trading yesterday Artner Co Ltd shares closed at JPY 1,010.00 (USD 9.05), up 3.0% on the day. Based on its current share price the company has a market value of JPY 10.09 billion (USD 90.40 million).

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