Fullcast : Consolidated Business Results for the First Half of the Fiscal Year Ending December 2021
August 12, 2021 at 10:41 pm EDT
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Consolidated Business Results
for the First Half of the Fiscal Year Ending
December 2021 (Jan.-Jun. 2021)
FULLCAST HOLDINGS CO., LTD. (4848)
August 6, 2021
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
Agenda
Difference between 1H FY12/21 Business Forecast and Financial Results and Revision of the Full-Year Business Forecast
1H FY12/21 Dividend of Surplus (Interim Dividend) and Revised Year-End Dividend Forecast
1H FY12/21 Consolidated Business Highlights (Jan.-Jun. 2021)
1H FY12/21 Segment Highlights (Jan.-Jun. 2021)
FY12/21 Progress of Strategy Implementation and Ongoing Initiatives
Consolidated: Difference between Business Forecasts and Results for 1H FY12/21
Consolidated business results exceeded each forecast indicator in the forecasts for the first half of the fiscal year ending December 2021 due primarily to the successful acquisition of staffing demand in excess of expectations because demand trends of client companies are experiencing a recovery in the mainstay "Short-Term Operational Support Business" and also because we acquired staffing demand from the public sector mainly related to the vaccination roll out.
Consolidated: Revisions to Business Forecast for FY12/21
At the Board of Directors' Meeting held on August 6, 2021, we passed a resolution to revise the full-year consolidated business forecast for the fiscal year ending December 2021. We aim to continue to promptly restore the Group's performance in the mainstay "Short- Term Operational Support Business."
The revised full-year business forecast takes into account the following elements, in addition to the results for the first half of the fiscal year ending December 2021.
Demand from client companies is assumed to recover from the impacts of COVID-19 at a moderate pace heading into the final month of this fiscal year.
Growth in the "Short-Term Operational Support Business" is factored into the forecast, assuming the acquisition of staffing demand from public sector projects mainly related to the vaccination roll out and those associated with the Tokyo Olympics.
The year-on-year decline in gross profit is due to in the more refined breakdown of tabulation elements used for cost of sales in "BPO" services.
The Company does not assume that Japan will issue a fifth state of emergency in the second half of the fiscal year ending December
2021. Note that actual earnings could differ largely from forecasts due to various factors.
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Fullcast Holdings Co. Ltd. published this content on 13 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2021 02:40:05 UTC.
Fullcast Holdings Co Ltd is a Japan-based company principally engaged in the human resource outsourcing business. The Company operates in three business segments. The Short-term Business Support segment is engaged in the provision of short-term, events-related human resource services and payroll management service, among others. The Sales Support segment includes agency sales and call center business. The Security and Others segment is engaged in the security guard business for public facilities and general corporations.