118 (Consolidated basis/permanent employees/as of March 31, 2021)
Business:
Management of a media platform for food and drink businesses
Subsidiaries:
Wit Co., Ltd.
(M&A service business specializing in food and drink businesses)
Synchro Career Co., Ltd.
*Scheduled to be absorbed on July 1, 2021.
(Staffing business including temp-to-perm specializing in food and drink businesses and food
service businesses)
Nicoshigoto Co., Ltd. *Converted to a subsidiary through a share acquisition as of August 31,
2020
(Side-job matching business)
Copyright 2021 Synchro Food Co., Ltd. All Rights Reserved.
2
Executive Summary
The significant effects of COVID-19 caused an operating loss
for the full year
Consolidated
Financial
Highlights
(Q1-Q4 Total)
Main Topics (Second Half)
Year on Year
Revenue
：1,188 million yen
(41.0)%
Operating Profit：(169) million yen
－
"Kyujin@inshokuten.com" participated in OSAKA Job Hunter Support Consortium (October)
The number of registered users of "Inshokuten.com" exceeded 200,000 (February)
Copyright 2021 Synchro Food Co., Ltd. All Rights Reserved.
3
FY2020 Summary (vs. Target Figures)
Although an operating loss was recorded for the full year, we secured an operating
profit in the second half despite the declaration of a state of emergency
(Million yen)
FY20 Full-year
FY19 Full-year
Year on
FY20 Q3
FY20 Q4
Results
Results
Total Actual
Total Actual
Year
(Consolidated)
(Consolidated)
(Consolidated)
(Consolidated)
1
Revenue
1,188
2,014
(41.0)%
354
331
Gross Profit
962
1,752
(45.0)%
302
267
SG & A
1,131
1,194
(5.2)%
281
262
2
Operating Profit
(169)
557
-
20
5
Operating Profit
-
27.7％
-
5.8%
1.5%
Ratio
Recurring Profit
(156)
557
-
30
6
Net Income
3
(177)
287
-
10
(39)
Attributable to
Owners of Parent
1 Revenue from recruitment advertising services and staffing services decreased significantly due to effects of COVID-19
2
Secured operating profit in the second half due to recovery in revenue and continued cost control
3
Recorded an extraordinary loss of 32 million yen due to goodwill impairment of two consolidated subsidiaries, etc.
Copyright 2021 Synchro Food Co., Ltd. All Rights Reserved.
4
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Synchro Food Co. Ltd. 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 15:10:03 UTC.
Synchro Food Co., Ltd. is a Japan-based company mainly engaged in Internet media business. The Company is centered on the site www.restaurant.com, and connects with restaurant exhibitors, practitioners, operators, as well as respective business operators involved in the restaurant to provide matching services. Its main services include operation sevices, opening and closed services and other services.
SYNCHRO FOOD CO., LTD. 
