At CrowdWorks, we welcome investors interested in supporting our quest to revolutionize the way Japan works.
Our core business is operating a growing platform matching clients looking to outsource work with “crowd workers” offering services. Our vision is to promote the ongoing work practice revolution and become the biggest matching platform in the world in terms of people earning income, and since the company’s inception in March 2012, we have steadily attracted a still-expanding list of clients and crowd workers, currently 600,000 and more than 3.7 million respectively.
Japan’s labor market has transformed rapidly in recent years; major corporations have changed their attitudes toward telecommuting and begun allowing employees to engage in “side hustle” activities, and it is increasingly common for companies to outsource work to freelancers and online platforms. This has increased working opportunities for demographics such as seniors and women at home raising children. As such, we believe there is strong potential in the client-worker matching segment.
After listing on the Mothers section of the Tokyo Stock Exchange in December 2014, aggressive investment has led to solid business growth and our existing operations now generate stable income, as illustrated by operating profits in the past two consecutive fiscal years. These achievements were made possible by the generous, long-term support of our shareholders.
Moving forward, our efforts will be focused in two main areas. One is improving corporate value, wherein we will continue to improve our core client-worker matching platform in an effort to generate further business growth and mid-to-long-range expansion of operating income. The other is leveraging CrowdWorks as an engine to drive social development and contribute to human happiness. We look forward to your ongoing support.
At the time of writing, Covid-19, the novel coronavirus, is accelerating changes to working practices around the world, and Japan is no exception. One of the effects of the pandemic has been the almost universal uptake of telecommuting among Japanese companies, leading to a need for remote team management. We’re ready to support our 500,000 clients and three million crowd workers and ensure they’re able to work online during these trying times, and we will continue to expand the market for remote working and crowd working.
More than that, however, we hope and pray that the spread of Covid-19 is halted quickly.