Recruit Holdings, The Current Fiscal Year Net Income Revised Upward by 5%, Raises 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.

Wed Feb 12, 2025 3:30 pm JST Earnings

6098 Recruit Holdings Co.,Ltd. 【IFRS】

Earnings Report

Recruit Holdings Co.,Ltd. <6098> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 12th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 6.9% from the same period last year, reaching 341 billion yen.

In addition, the full-year consolidated net income has been revised upward 4.7%, from the previous forecast of 384 billion yen to 403 billion yen (compared to 353 billion yen in the previous period), increasing the growth rate from 8.8% to 14.0%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the October to March period (2H) is expected to increase 11.1%, from the previous forecast of 162 billion yen to 180 billion yen (compared to 140 billion yen in the same period of the previous year), increasing the growth rate from 15.5% to 28.4%.

In the most recent three-month period, from October to December (3Q), the consolidated net income grew 11.9% from the same period last year, reaching 119 billion yen. The operating profit margin rose from 12.6% in the same period last year to 15.6%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2022	2,601,768	324,838	336,073	247,634	154.1	91.4	Feb 13, 2023	IFRS
Apr - Dec, 2023	2,572,714	346,803	382,032	319,434	203.5	89.6	Feb 9, 2024	IFRS
Apr - Dec, 2024	2,695,702	409,358	442,228	341,549	225.6	ー	Feb 12, 2025	IFRS
YoY	+4.8%	+18.0%	+15.8%	+6.9%	+10.9%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	1,709,995	202,992	ー	162,405	110.5	12	Nov 11, 2024	IFRS
Oct - Mar, 2024 New	1,761,295	218,292	ー	180,505	122.8	12	Feb 12, 2025	IFRS
Revision Rate	+3.0%	+7.5%	－	+11.1%	+11.1%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	3,508,700	472,700	ー	384,900	261.8	24	Nov 11, 2024	IFRS
Mar, 2025 New	3,560,000	488,000	ー	403,000	274.1	24	Feb 12, 2025	IFRS
Revision Rate	+1.5%	+3.2%	－	+4.7%	+4.7%

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	1,761,295	218,292	ー	180,505	122.8	12	Feb 12, 2025	IFRS
YoY	+3.0%	+32.5%	－	+28.4%	+36.7%

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	3,560,000	488,000	ー	403,000	274.1	24	Feb 12, 2025	IFRS
YoY	+4.2%	+21.2%	－	+14.0%	+21.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
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
Oct - Dec, 2024	896,997	139,650	145,175	119,054	78.6	15.6	Feb 12, 2025	IFRS
YoY	+3.5%	+28.2%	+20.0%	+11.9%	+16.1%