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JAC Recruitment, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 12%, Raises Record High Profit Forecast, Dividend Revised Upward by 3 Yen

Tue Aug 12, 2025 3:30 pm JST Earnings

2124 JAC Recruitment Co., Ltd. 【J-GAAP】

Earnings Report

JAC Recruitment Co., Ltd. <2124> [TSE Prime] announced its financial results after the market closed on August 12th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) expanded 6.24 billion yen, an increase 43.3% compared to the same period last year, exceeded the previous forecast of 4.70 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 12.0%, from the previous forecast of 10.0 billion yen to 11.2 billion yen (compared to 9.12 billion yen in the previous period), increasing the growth rate from 9.6% to 22.8%, further surpassing the previous forecast of record-high profits for four consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to grow 4.0% from the same period last year, reaching 4.95 billion yen.

In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the current fiscal year from the original plan of 32 yen to 35 yen (compared to 26 yen in the previous period).

In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit increased 31.8% from the same period last year, reaching 2.82 billion yen. The operating profit margin rose from 22.5% in the same period last year to 24.7%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Jan - Jun, 2023
17,249M 4,163M 4,165M 3,020M 18.9 50.7 Aug 10, 2023 J-GAAP
Jan - Jun, 2024
19,097M 4,358M 4,360M 2,873M 18.0 47.8 Aug 9, 2024 J-GAAP
Jan - Jun, 2025
23,247M 6,238M 6,247M 4,270M 27.0 55.8 Aug 12, 2025 J-GAAP
YoY +21.7% +43.1% +43.3% +48.6% +50.0%
First Half Results vs. Previous Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Jan - Jun, 2025 Guidance 21,800M 4,700M 4,700M 3,300M 20.8 0 Feb 12, 2025 J-GAAP
Jan - Jun, 2025 Results 23,247M 6,238M 6,247M 4,270M 27.0 0 Aug 12, 2025 J-GAAP
Revision Rate +6.6% +32.7% +32.9% +29.4% +29.6%

Guidance Update

Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2025 Prev 44,900M 10,000M 10,000M 7,000M 44.2 32 Feb 12, 2025 J-GAAP
Dec, 2025 New 46,300M 11,200M 11,200M 7,800M 49.2 35 Aug 12, 2025 J-GAAP
Revision Rate +3.1% +12.0% +12.0% +11.4% +11.4%

Current Period Guidance

Second Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Jul - Dec, 2024
20,059M 4,732M 4,762M 2,738M 17.2 26 Feb 12, 2025 J-GAAP
Guidance
Jul - Dec, 2025
23,053M 4,962M 4,953M 3,530M 22.3 35 Aug 12, 2025 J-GAAP
YoY +14.9% +4.9% +4.0% +28.9% +29.6%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Dec, 2023
34,475M 8,215M 8,209M 5,978M 37.4 22.50 Feb 14, 2024 J-GAAP
Dec, 2024
39,156M 9,090M 9,122M 5,611M 35.2 26 Feb 12, 2025 J-GAAP
Guidance
Dec, 2025
46,300M 11,200M 11,200M 7,800M 49.2 35 Aug 12, 2025 J-GAAP
YoY +18.2% +23.2% +22.8% +39.0% +39.8%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Apr - Jun, 2024
9,550M 2,146M 2,142M 1,372M 8.6 22.5 Aug 9, 2024 J-GAAP
Jul - Sep, 2024
10,405M 2,882M 2,889M 1,985M 12.4 27.7 Nov 11, 2024 J-GAAP
Oct - Dec, 2024
9,654M 1,850M 1,873M 753M 4.7 19.2 Feb 12, 2025 J-GAAP
Jan - Mar, 2025
11,793M 3,411M 3,424M 2,337M 14.8 28.9 May 14, 2025 J-GAAP
Apr - Jun, 2025
11,454M 2,827M 2,823M 1,933M 12.2 24.7 Aug 12, 2025 J-GAAP
YoY +19.9% +31.7% +31.8% +40.9% +42.2%