I-Plug Reports July KPIs for OfferBox Service Showing Mixed Results

TOKYO, Aug 05 (Pulse News Wire) – I-plug,inc. (4177.T) reported mixed results for its OfferBox service in July.

Early fixed-rate plans saw monthly orders increase compared to the same period last year, while cumulative orders grew significantly. However, success-based plans showed a decline in cumulative orders despite higher monthly figures due to more early fixed-rate plan commitments turning into successful placements. For the month of July, early fixed-rate plan orders stood at ¥452 million (up 2.5% year-over-year). Cumulative orders reached ¥4.113 billion (up 25.4%). Success-based plan orders for the month were ¥138 million (up 7.8%), but cumulatively decreased to ¥370 million (down -2.1%).

In terms of platform metrics, the number of registered companies increased by 150 to 23,106 (up 9.6% year-over-year). Student registrations for the class of 2027 rose to 259,801 (up 12.9%) and for the class of 2028 to 139,052 (up 19.1%). Offers sent out in July also saw growth, with 2027 graduates receiving 1,629,894 offers (up 36.6%) and 2028 graduates getting 1,322,438 (up 48.3%). Approved offers for 2027 graduates totaled 772,194 (up 20.6%) and for 2028 graduates, 234,962 (up 41.8%). Decisions made by students for the class of 2027 increased by 1,120 to 6,919 (up 11.4%).