Recruit Holdings Co Ltd
Recruit Holdings Co Ltd operates in the Professional Services industry within the Industrials sector, generating revenue through human resources and recruitment solutions.
Business. Recruit Holdings Co Ltd operates in the Professional Services industry within the Industrials sector, generating revenue through human resources and recruitment solutions.
Analyst recommendations
19 analysts · consensus BuyAt a glance
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The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
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- Macro
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Recruit Holdings Co Ltd operates in the Professional Services industry within the Industrials sector, generating revenue through human resources and recruitment solutions.
Recruit Holdings maintains a conservative capital structure with a debt-to-equity ratio of 0.12 and a current ratio of 1.78, indicating strong short-term liquidity coverage. The balance sheet shows total equity of 1,583,322,000,000 JPY against total liabilities of 1,205,696,000,000 JPY, with long-term debt limited to 186,275,000,000 JPY. Cash and equivalents stand at 625,642,000,000 JPY, providing a substantial buffer against operational fluctuations. Operating cash flow of 669,432,000,000 JPY exceeds free cash flow of 506,113,000,000 JPY, reflecting capital expenditures of 62,291,000,000 JPY.
Profitability metrics demonstrate high efficiency, with a return on equity of 31.38% and a return on assets of 17.82%. Net income of 496,911,000,000 JPY represents a healthy margin relative to revenue of 3,697,351,000,000 JPY. Operating income of 630,567,000,000 JPY suggests strong operational leverage, while gross profit of 2,188,195,000,000 JPY indicates significant value addition before operating expenses.
- Strong profitability with ROE of 31.38% and ROA of 17.82% driven by high operating leverage.
- Conservative balance sheet with debt-to-equity of 0.12 and substantial cash reserves of 625.6 billion JPY.
- Low risk profile with no immediate liquidity or dilution flags detected in recent filings.
- Analyst consensus is positive with a mean recommendation of 1.84 and mean price target of 12,470.59 JPY.
- Recent analyst coverage initiated without specific rating or target, adding to the sell-side presence.
Bull / Bear case
Generated · model-assistedNet income surged 21.6% year-over-year to JPY 496.9 billion in FY2026, demonstrating strong top-line and bottom-line growth momentum.
Free cash flow grew 21.5% year-over-year to JPY 506.1 billion, providing substantial liquidity for dividends or reinvestment.
Long-term debt decreased to JPY 186.3 billion with a low debt-to-equity ratio of 0.12, ensuring a conservative balance sheet.
Revenue growth slowed to 3.9% year-over-year in FY2026, suggesting potential saturation or deceleration in core business expansion.
Gross profit declined slightly to JPY 2.19 trillion in FY2024 before recovering, indicating historical volatility in cost structures.
Operating income dipped to JPY 344.3 billion in FY2023, showing past sensitivity to macroeconomic or operational headwinds.
In focus — financials by report
Revenue ¥960.57B, +11,5% YoY; Operating income +66,2% YoY.
- ▍Revenue ¥960.57B, +11,5% YoY
- ▍Operating income +66,2% YoY
- ▍Net income +52,3% YoY
- ▍Free cash flow +47,4% YoY
- ▍Net margin 10.6%
Revenue ¥943.20B, +5,2% YoY; Operating income +30,4% YoY.
- ▍Revenue ¥943.20B, +5,2% YoY
- ▍Operating income +30,4% YoY
- ▍Net income +23,1% YoY
- ▍Free cash flow +26,4% YoY
- ▍Net margin 15.5%
Revenue ¥914.75B, +2,0% YoY; Operating income +12,6% YoY.
- ▍Revenue ¥914.75B, +2,0% YoY
- ▍Operating income +12,6% YoY
- ▍Net income +9,8% YoY
- ▍Free cash flow +8,8% YoY
- ▍Net margin 13.9%
Revenue ¥878.84B, −2,5% YoY; Operating income +20,3% YoY.
- ▍Revenue ¥878.84B, −2,5% YoY
- ▍Operating income +20,3% YoY
- ▍Net income +13,6% YoY
- ▍Free cash flow +11,9% YoY
- ▍Net margin 13.8%
Revenue ¥861.78B; Operating income ¥81.18B.
- ▍Revenue ¥861.78B
- ▍Operating income ¥81.18B
- ▍Net margin 7.8%
Revenue ¥897.00B; Operating income ¥139.65B.
- ▍Revenue ¥897.00B
- ▍Operating income ¥139.65B
- ▍Net margin 13.3%
Revenue ¥897.15B; Operating income ¥141.89B.
- ▍Revenue ¥897.15B
- ▍Operating income ¥141.89B
- ▍Net margin 12.9%
Revenue ¥901.56B; Operating income ¥127.82B.
- ▍Revenue ¥901.56B
- ▍Operating income ¥127.82B
- ▍Net margin 11.8%
Revenue ¥3.70T, +3,9% YoY; Operating income +28,5% YoY.
- ▍Revenue ¥3.70T, +3,9% YoY
- ▍Operating income +28,5% YoY
- ▍Net income +21,6% YoY
- ▍Free cash flow +21,5% YoY
- ▍Net margin 13.4%
Revenue ¥3.56T, +4,1% YoY; Operating income +21,9% YoY.
- ▍Revenue ¥3.56T, +4,1% YoY
- ▍Operating income +21,9% YoY
- ▍Net income +15,5% YoY
- ▍Free cash flow +13,6% YoY
- ▍Net margin 11.5%
Revenue ¥3.42T, −0,4% YoY; Operating income +16,9% YoY.
- ▍Revenue ¥3.42T, −0,4% YoY
- ▍Operating income +16,9% YoY
- ▍Net income +31,1% YoY
- ▍Free cash flow +29,9% YoY
- ▍Net margin 10.4%
Revenue ¥3.43T, +19,4% YoY; Operating income −9,1% YoY.
- ▍Revenue ¥3.43T, +19,4% YoY
- ▍Operating income −9,1% YoY
- ▍Net income −9,1% YoY
- ▍Free cash flow −12,4% YoY
- ▍Net margin 7.9%
Valuation TTM
Revenue by segment
Business relationships
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Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 452,13 |
| Revenue | —no estimate | —no estimate | 4,04T JPY |
| Operating income | —no estimate | —no estimate | —no estimate |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
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- Capex To Revenuecapital_expenditure / revenue
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Cash Conversion Ratiooperating_cash_flow / net_income
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Recruit Holdings Co Ltd Market data — financials · 2026-07-02
- coverage_change fired on 6098 · 2026-07-02
- Recruit Holdings Co Ltd Market data — analyst estimates · 2026-07-02
- Recruit Holdings Co Ltd Market data — ESG · 2026-07-02