・ In the engineer dispatching business, due to an increasing number of engineers and the utilization rate remaining high, the number of operative personnel surpassed that of the preceding year. In addition, due to rising unit prices of newly graduated engineers at their first assignments, as well as negotiating the unit prices of current engineers with our clients, the unit price of engineers surpassed that of the preceding year. As a result of all this, net sales increased 9.4% year on year to ¥10,110 million.
・ In terms of profit, we provided allowance to our employees in commemoration of the Company’s 60th anniversary during the preceding year, yet the allowance was not recorded for this fiscal year. Hence, while net sales increased 9.4%, cost of sales rose only 6.5%. We also hired more staff members and made recruitment investments including running recruitment advertising. As our recruitment and sales activities recovered to normal, travel expenses increased, which led to larger SG&A expenses.
As a result of all this, operating profit increased 27.5% year on year to ¥1,522 million, ordinary profit increased 27.4% year on year to ¥1,532 million, and profit increased 17.5% year on year to ¥1,051 million.
Up 9.4% year-on-year
◾️Number of engineers increased
◾️Utilization rate remained high
↓
◾️Number of operative personnel increased
◾️Unit price of engineers rose
Up 6.5% year-on-year
◾️60th anniversary allowance was provided to employees in FY2023 but is not appropriated in FY2024.
Up 15.1% year-on-year
◾️Whereas net sales increased by 9.4%, the cost of sales increased by no more than 6.5%. As a result, gross profit increased by a higher percentage than net sales.
Up 7.3% year-on-year
◾️Increased number of staff, recruitment advertising and other recruitment investment.
◾️Travel/transportation fees, etc. increased due to the recovery of recruitment and sales activities.
Up 27.5% year-on-year
◾️Whereas gross profit increased by 15.1%, SG&A expenses increased by no more than 7.3%. As a result, operating profit increased by a higher percentage than gross profit.
Up 27.4% year-on-year
◾️Non-operating income and non-operating expenses were about the same as those in the previous year. As a result, ordinary profit increased by around the same percentage as operating profit.
Up 17.5% year-on-year
◾️Record-high profit.
◾️As profit before tax and expenses remained steady, profit increased by a higher percentage than net sales.
*Fiscal year ended January 31
Unit: ¥ million
Data on major indicators is provided below as an Excel file for use in spreadsheet software.
Quarterly Financial Fact Book for Q3 (FY2025) [Excel 21.7KB]
Financial Fact Book for full year (FY2024) [Excel 26.4KB]