Value HR sales jump 19% but profit falls 34%

Value HR Co reported net sales of 4.73 billion yen for Q2, up 19.4% year-over-year, driven by new customer acquisition in its Value Cafeteria Segment.

However, operating profit fell 33.6% to 316 million yen due to temporary outsourcing costs and capacity enhancements. The company expects to restore full-year profitability by shifting work in-house.

The Value Cafeteria Segment reached 2.92 million users, adding 130,000 in Q2, targeting 3 million by year-end.