Mr. Keisuke Hara (Worker)

Works as a freelance product manager for a major listed company

"I was able to get involved in a Tokyo-based project while trying out telecommuting from Bieicho Hokkaido. I'm grateful for having this remote project that lets me work while retaining the freedom of being a freelancer. I'd like to keep working in a way that isn't bound by location."

"Workstyle Revolution"

Securities code: TSE Mothers 3900

CrowdWorks, Inc. Financial Results for the First Half of the Fiscal Year Ending Sept. 30, 2021

(from Oct. 2020. to Mar. 2021)

Ms. Anna Murashima (Worker)

Mentoring at Crowd College while working as a writer and editor

My career as a writer started at CrowdWorks. I am where I am today because there was a place where I could challenge myself even with no experience. I would like to continue to support students who want to challenge themselves.

1H FY2021 Results: Summary

  • Matching Business gross profit was 16.7million yen, grew by 23.3% YoY. Operating profit reached a record high of 380 million yen
  • Company-wideoperating profit was 290 million yen in the first half, up 200 million yen from the forecast.
  • Company-wideoperating profit forecast revised upward from 100 million yen to 300 million yen

---------------

  • All indicators are showing steady progress, over 50% toward forecasts, both for the entire company and per segment
  • Further progress in productivity projects that have been underway since the previous fiscal year. Gross profit per employee has improved 1.9x from the previous fiscal year*
    • Improvement in Q2 FY2021 vs. Q1 FY2020

Business Overview / Vision / Business Strengths

CrowdWorks Business Overview

We operate a new kind of online talent matching platform, developed inhouse, connecting companies with individuals and allowing them to order work directly.

"CrowdWorks"

Job request

720,000

Matching directly connects both parties

Job operation/delivery

Client Companies

  • Access to human resources with the right skills/track record
  • Requests can be made as needed, when needed
  • No additional fee for job requests

4,430,000

Crowd Workers

  • Access to jobs fitting own skills/situation
  • Work flexibility according to your lifestyle
  • Assistance can be given to make contracts and get paid

VISION / To Build Japan's Largest Online Working Infrastructure

Based on the vision to become the world's biggest platform that provides the largest amount of monetary rewards through the Internet, CrowdWorks aims first to build Japan's largest online working infrastructure

By maximizing the total contract value, CrowdWorks gives monetary rewards to the largest number of people in the country

Image of Japan's largest online working infrastructure

FY 2020

Total contract value:

$138.0M

(15.20billion yen)

Remuneration amount

11.9 billion yen

Total contract value

conversion: $20.6 billion

(2.24 trillion yen)

Japan's largest remuneration amount target

$17B

400,000 people average annual income $40.1 K

(1.74 trillion yen)

(4.41 million yen)

Employee number ranking *Reference: Yahoo Finance as of February 10, 2021

1. Toyota 359,000 people, 2. Nippon Telegraph and Telephone (NTT) 328,000 people, 3. Hitachi 313,000 people

  • Source: National Tax Agency, "Results of the Survey on the Actual Status of Private Salary for 2020"
  • The dollar notation is expressed as 1 dollar = 110 yen.

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CrowdWorks Inc. published this content on 14 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2021 15:14:17 UTC.