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PERSOL HOLDINGS sold in afternoon session as reports emerge of antitrust probe into temp staffing cartel

Tue Jun 2, 2026 1:03 pm JST Catalyst

Shares of PERSOL HOLDINGS CO., LTD. <2181> came under heavy selling pressure during Tuesday's afternoon session following domestic media reports that Japan's Fair Trade Commission (JFTC) has launched on-site inspections into five major temporary staffing agencies over suspected cartel conduct. The antitrust probe triggered a sharp wave of risk-averse selling across the human resources sector, with industry heavyweight Recruit Holdings Co., Ltd. <6098> also seeing its intraday losses widen significantly. The regulatory investigation targeted key industry operators, including Persol Tempstaff, Staff Service, Recruit Staffing, and the Tokyo-based arms of Adecco and ManpowerGroup. According to the reports, company executives are suspected of reaching an unlawful, nationwide agreement to systematically manipulate and raise temporary worker dispatch fees from fiscal 2023 onward.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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