Career Bank revenue drops 28% after BPO exit
SAPPORO, JAPAN — Japanese staffing firm Career Bank reported a significant fall in its annual revenue, posting ¥5.12 billion ($34.4 million) for the year ended 31 May 2025, down 28.1% from the previous year.
The decline was attributed mainly to the exit of its business process outsourcing (BPO) segment after Ecomic, previously under Career Bank’s umbrella, became an equity-method affiliate.
In a company statement, Career Bank noted, “each reportable segment was able to expand its business performance, but sales and profits were lower than the same period of the previous year due to the removal of the BPO business from the reportable segments.”
Expanding core businesses amid structural shift
Despite the drop in total revenue, Career Bank saw growth in its key service areas:
- Recruitment and Temporary Staffing: Revenue increased 1.9% year-on-year.
- Employment Support and Outsourcing: Up by 4.5%.
- Education and Training: Rose 6.6% during the year.
Career Bank continues to specialize in a broad range of human resource services, including temporary staffing, direct recruitment, payroll processing, outplacement support, and other HR solutions. The company’s “Other” business segment notably includes a language training division based in China, reflecting its presence outside Japan.
Markets and outlook
While Career Bank is headquartered in Japan, it has extended some business services to China through its education and training arm. Further details about other markets are limited, but its core operations remain focused domestically.
Looking forward, the firm forecasted revenue of ¥5.52 billion ($37.1 million) for the next financial year, suggesting cautious optimism about a recovery bolstered by its core business segments.
