RareJob : Financial Results for the Three Months Ended June 30, 2022
August 15, 2022 at 08:13 am EDT
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RareJob, Inc.
Financial Results for the Three Months Ended June 30, 2022
August 15, 2022
Copyright(C) 2022 RareJob, Inc. All rights reserved.
Agenda
FY2023/3 1Q Result
FY2023/3 Plan
Growth Strategy Appendix
Copyright(C) 2022 RareJob, Inc. All rights reserved.
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1. FY2023/3 1Q Result
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FY 2023/3 1Q Results Summary
The AI automated scoring exam PROGOS for English speaking have been
introduced in a recruitment criteria and human resources development
system of corporate clients.
More and more corporate clients has been introducing PROGOS in a various way. For example, a corporate client switched to PROGOS from TOEIC® as recruitment criteria and another changes human resources development system based on PROGOS.
We are promoting PROGOS and CFER to let them gain more recognition by publishing a book and increasing media coverage.
Net sales hit record highs and rose by 11.5% year on year.
B2C sales increased by 9.4% due to sales generated by shikaku square, Inc. which joined in December 2021.
B2B & B2School sales increased by 16.7% which was driven by the increased number of corporate clients and sales growth per client.
Operating income fell by 62.5% year on year.
In addition to personnel expenses increased due to the increased number of employees, advertisement cost for shikaku square, Inc. increased.
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Introduction cases of PROGOS
Several clients introduced PROGOS for human resources developments / as a part of recruitment criteria. PROGOS has been also used to replace other English speaking tests because of its high quality measurement.
"TOEIC®L&R score was used to screen new graduates, but many of successful candidates don't have sufficient English speaking skill to get work done properly. Therefore, PROGOS which can measure English speaking skill was introduced and we will rebuild screening criteria and training programs."
-TSE Prime Market, Service, 3-5 thousands employees
"As a part of our diversity promotion efforts, we decided to measure our employees' English proficiency and PROGOS is the most appropriate as an assessment tool. PROGOS can measure CFER level precisely, which is the key for this introduction."
TSE Prime Market, Entertainment, below 3 thousands employees
"PROGOS can measure English proficiency by open questions, so we believe that PROGOS will
contribute to improvement of more practical English learning than other English speaking tests
with only closed questions."
-Unlisted, Manufacturer, 3-5 thousands employees
Copyright(C) 2022 RareJob, Inc. All rights reserved.
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RareJob Inc. published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 12:12:17 UTC.
RareJob, Inc. is engaged in the operation of online English lesson. It's customer consists of individual users and corporate users and educational institution users.