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Technology Services

Recruit Holdings Co., Ltd.

Business Summary

Recruit Holdings Co., Ltd. is a global provider in HR technology and business solutions. It focuses on expanding economic and personal opportunities for people everywhere. With key subsidiaries including Indeed, Glassdoor and its worldwide staffing business, Recruit aims to simplify hiring through a two-sided talent marketplace that drives meaningful connections between job seekers and employers. Recruit also operates a media and solutions business within Japan focused on helping businesses work smarter through online advertising services, job platforms and cloud-based SaaS solutions. With a presence in more than 60 countries, Recruit is committed to transformative sustainability practices that leverage its strength in employment to drive positive impact on society and the planet. The company was founded on March 31, 1960 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023 JPYUSD
Gross Profit1,879.57B13,869.62M
Operating income393,634M2,904.67M
Income before tax364,754M2,691.56M
Net income269,799M1,990.88M
Diluted EPS167.441.23
Dividends Per Share220.16
Total Assets2,793.28B20,987.91M
Total liabilities1,152.32B8,658.26M
Total equity1,627.01B12,224.88M
Operating cash flow438,193M3,233.48M
Currency in JPYCurrency in USD

Historical Data

 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 2,310.75B 2,399.46B 2,269.34B 2,871.70B 3,429.51B
Gross Profit 1,099.18B 1,181.90B 1,030.28B 1,531.45B 1,879.57B
Operating income 223,314M 247,836M 162,617M 399,718M 393,634M
Income before tax 239,814M 226,149M 162,034M 377,400M 364,754M
Net income 174,280M 179,880M 131,394M 296,833M 269,799M
EBITDA 294,436M 363,598M 282,608M 522,887M 515,678M
Diluted EPS 104.11 108.06 79.69 180.83 167.44
Dividends Per Share 28 30 20 21 22
Total Assets 1,748.98B 1,998.91B 2,196.61B 2,423.54B 2,793.28B
Total liabilities 776,728M 1,003.17B 1,095.32B 1,047.24B 1,152.32B
Total equity 965,775M 988,449M 1,091.57B 1,363.77B 1,627.01B
Operating cash flow 276,960M 303,325M 286,597M 439,610M 438,193M
 Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue 20,837.39M 22,068.96M 21,397.33M 25,555.18M 25,306.84M
Gross Profit 9,911.98M 10,870.50M 9,714.36M 13,628.31M 13,869.62M
Operating income 2,013.74M 2,279.45M 1,533.29M 3,557.07M 2,904.67M
Income before tax 2,162.53M 2,079.99M 1,527.79M 3,358.46M 2,691.56M
Net income 1,571.58M 1,654.43M 1,238.89M 2,641.50M 1,990.88M
EBITDA 2,655.09M 3,344.17M 2,664.66M 4,653.15M 3,805.25M
Diluted EPS 0.93 0.99 0.75 1.60 1.23
Dividends Per Share 0.25 0.27 0.18 0.18 0.16
Total Assets 15,801.43M 18,516.20M 19,878.85M 19,967.39M 20,987.91M
Total liabilities 7,017.46M 9,292.48M 9,912.40M 8,628.16M 8,658.26M
Total equity 8,725.43M 9,156.12M 9,878.47M 11,236.05M 12,224.88M
Operating cash flow 2,497.50M 2,789.81M 2,702.28M 3,912.07M 3,233.48M

Valuation Measures

Mar 2023
Operating margin11.47%
Profit margin7.86%

Key executives

  • President, CEO & Representative Director: Hisayuki Idekoba
  • COO, Director, Head-Personnel & Finance: Ayano Senaha
  • Executive Officer & Head-Investment: Hiroaki Ogata
  • Executive Officer & Head-Investor Relations: Junichi Arai
  • Auditor: Yukiko Nagashima


  • Capital Research & Management Co. (World Investors) (5.2%)
  • Nomura Asset Management Co., Ltd. (4.7%)
  • Recruit Holdings Employee Incentive Plan (3.8%)
  • Recruit Holdings Co., Ltd. (2.8%)
  • BlackRock Fund Advisors (2.6%)
  • Dai Nippon Printing Co., Ltd. (2.2%)
  • Daiwa Asset Management Co. Ltd. (2.2%)
  • Nikko Asset Management Co., Ltd. (2.1%)
  • The Vanguard Group, Inc. (2.1%)
  • BlackRock Japan Co., Ltd. (1.7%)

Contact Details

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Last Updated on 31 May, 2023

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