Latest Tokyo Brief coverage on GAKUJO CO.,Ltd., tracking filings, financial news, and market signals from Japan.
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Placement and job-fair revenue jumped at recruiting firm Gakujo while its core job board barely grew, because Japanese graduates now hold 1.46 informal offers each on average, up from 1.26 a year ago, and are declining the ones they don't want later than before.
Gakujo lowered revenue guidance for the year ending October to ¥12.0 billion from ¥13.3 billion and operating profit to ¥2.6 billion from ¥3.25 billion after interim revenue came in at ¥4.618 billion against a ¥5.1 billion forecast. Management said demand for young talent remains firm, but earlier recruiting schedules and listing-timing changes pushed more young-career sales into the second half, while systems and promotion spending continued.