Recruit Holdings Co.,Ltd., The Current Fiscal Year Net Income Revised Upward by 8%, Adds to Record High Profit Forecast

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Mon Nov 11, 2024 3:30 pm JST Earnings

6098 Recruit Holdings Co.,Ltd. 【IFRS】

Earnings Report

Recruit Holdings Co.,Ltd. <6098> [TSE-P] announced its financial results (based on IFRS) after the market closed on November 11th (15:30). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2025 (April to September) increased by 4.4% from the same period last year, reaching 222 billion yen.

In addition, the full-year consolidated net income has been revised upward by 7.7%, from the previous forecast of 357 billion yen to 384 billion yen (compared to 353 billion yen in the previous period), increasing the growth rate from 1.1% to 8.8%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to grow by 15.5% from the same period last year, reaching 162 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated net income amounted to 116 billion yen, an increase of 0.9% compared to the same period last year. The operating profit margin rose from 13.6% in the same period last year to 15.8%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2022	1,721,649	227,953	230,398	169,745	105.4	62.6	Nov 14, 2022	IFRS
Apr - Sep, 2023	1,705,939	237,833	261,047	213,074	135.4	61.2	Nov 8, 2023	IFRS
Apr - Sep, 2024	1,798,705	269,708	297,053	222,495	145.6	ー	Nov 11, 2024	IFRS
YoY	+5.4%	+13.4%	+13.8%	+4.4%	+7.5%

First Half Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Guidance	ー	ー	ー	ー	－	12	May 15, 2024	IFRS
Apr - Sep, 2024 Results	1,798,705	269,708	297,053	222,495	145.6	12	Nov 11, 2024	IFRS
Revision Rate	－	－	－	－	－

Guidance Update

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	3,400,000	445,000	ー	357,500	241.3	24	May 15, 2024	IFRS
Mar, 2025 New	3,508,700	472,700	ー	384,900	259.8	24	Nov 11, 2024	IFRS
Revision Rate	+3.2%	+6.2%	－	+7.7%	+7.7%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	1,710,553	164,693	165,194	140,580	89.8	11.50	May 15, 2024	IFRS
Oct - Mar, 2024 Guidance	1,709,995	202,992	ー	162,405	109.6	12	Nov 11, 2024	IFRS
YoY	0.0%	+23.3%	－	+15.5%	+22.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	3,429,519	344,303	367,767	269,799	168.6	22	May 15, 2023	IFRS
Mar, 2024	3,416,492	402,526	426,241	353,654	226.0	23	May 15, 2024	IFRS
Mar, 2025 Guidance	3,508,700	472,700	ー	384,900	259.8	24	Nov 11, 2024	IFRS
YoY	+2.7%	+17.4%	－	+8.8%	+15.0%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jul - Sep, 2023	855,111	116,179	130,784	115,014	73.1	13.6	Nov 8, 2023	IFRS
Oct - Dec, 2023	866,775	108,970	120,985	106,360	67.8	12.6	Feb 9, 2024	IFRS
Jan - Mar, 2024	843,778	55,723	44,209	34,220	21.9	6.6	May 15, 2024	IFRS
Apr - Jun, 2024	901,558	127,818	141,494	106,426	69.1	14.2	Aug 8, 2024	IFRS
Jul - Sep, 2024	897,147	141,890	155,559	116,069	76.0	15.8	Nov 11, 2024	IFRS
YoY	+4.9%	+22.1%	+18.9%	+0.9%	+3.9%