Recruit Holdings projects 25% rise in net profit for fiscal year ending March 2027, driven by HR technology in U.S. and Europe
Recruit Holdings Co.,Ltd. <6098> announced its forecast for the fiscal year ending March 2027 after the market close on the 15th, alongside its results for the fiscal year ended March 2026. The company projects revenue of 4.03 trillion yen, up 9.0% year-on-year, and net profit of 623 billion yen, up 25.4%. The annual dividend forecast is set at 26 yen, compared to 25 yen in the previous fiscal year. The assumed exchange rates are 154 yen per U.S. dollar, 182 yen per euro, and 110 yen per Australian dollar.
The HR Technology segment is expected to lead performance with significant growth. Recruit Holdings anticipates further expansion of "Premium Sponsored Jobs" on Indeed, particularly in the United States and Europe. For the fiscal year ended March 2026, revenue totaled 3.697351 trillion yen, up 3.9% year-on-year, and net profit reached 496.912 billion yen, up 21.6%. The HR Technology segment drove overall performance; while hiring demand remained stagnant in the U.S., growth in average unit prices resulted in revenue gains.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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