News » BPO expansion of Japan-based Pasona Group revises its forecasted earnings

BPO expansion of Japan-based Pasona Group revises its forecasted earnings

BPO expansion of Japan-based Pasona Group revises its forecasted earnings

Japanese staffing firm Pasona Group’s BPO (Business Process Outsourcing) services continued its expansion during the fourth quarter causing a revision of its full-year forecasted earnings.

The group upgraded its predicted revenue to JPY 334.5 billion (approximately US$ 3.02 billion) from the previously forecasted JPY 330 billion (approximately US$ 2.98 billion).

Recovery within the company’s expert services, dispatched labor and career solutions segments was also seen which caused the rise of the earnings forecast.

The firm’s operating income also increased to JPY 19.9 billion (approximately US$ 180.1 million) from the previous amount of JPY 17.5 billion (approximately US$ 158.3 million). 

Net income was changed to JPY 6.7 billion (US$ 60.6 million) from the announced JPY 6.2 billion (US$ 56.1 million).

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.