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Recruit (company)
Recruit Holdings Co., Ltd. (株式会社リクルートホールディングス, Kabushikigaisha Rikurūto Hōrudingusu) is an HR Tech (human resources technology) holding company headquartered in Tokyo, Japan.
Recruit Group, currently consisting of three autonomous Strategic Business Units (SBUs) and Recruit Holdings, was founded in 1960 by Hiromasa Ezoe, then an educational psychology student at the University of Tokyo, as Daigaku Shimbun Koukokusha (大学新聞広告社, University Newspaper Advertisement Company). It was a spin-off from the Todai Shimbun (the University of Tokyo's main student newspaper).
In FY 2024, it reported sales of 3.56 trillion Yen and revenue of 678.8 billion Yen, with more than half of its sales generated overseas. Its flagship world-wide services include the job search engine Indeed and the employer review site Glassdoor. The company is listed on the Tokyo Stock Exchange and is a component of the Nikkei 225 and TOPIX Core 30 indices. As of January 2025, the company has the 4th largest market capitalisation in the country of 17.5trillion Yen.
Recruit Holdings Co., Ltd. offers a two-sided talent marketplace that drives meaningful connections between job seekers and employers. In Japan, it also focuses on streamlining business essentials from sourcing to marketing through its cloud-based smart solutions including matching platforms and SaaS.
It holds business competitions within the company that all employees can participate in, fostering a corporate culture that encourages freely initiating new ventures. Popular terms such as "freeter (フリーター, freelancing part-timers)", "employment ice age (就職氷河期)", and "gaten-kei (ガテン系, meaning blue-collar jobs)" have originated from information magazines it has published.
Following the Recruit scandal in 1988, which was regarded as one of the largest post-war scandals in Japan, the company faced a loss of credibility, adversity worsened further by the burst of the bubble economy. This led to the manifestation of bad assets issues with subsidiaries such as Recruit Cosmos (real estate) and First Finance (financial services). The entire group found itself in a difficult situation. In June 1992, its shares were transferred to the major supermarket chain Daiei, placing it under the Daiei Group. However, due to deteriorating performance within the Daiei Group, Recruit Holdings separated around the year 2000. At the time when it joined the Daiei Group, Daiei adopted a stance of being a "silent shareholder" without assuming any debts. Consequently, under Kunio Takagi from Daiei, Recruit managed to settle approximately 1.4 trillion yen in interest-bearing debt from the bubble era's real estate and non-bank business failures by the fiscal year ending in March 1994 by itself. Currently, Recruit operates independently of any corporate group, maintaining neutrality while expanding its business operations.
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Recruit (company)
Recruit Holdings Co., Ltd. (株式会社リクルートホールディングス, Kabushikigaisha Rikurūto Hōrudingusu) is an HR Tech (human resources technology) holding company headquartered in Tokyo, Japan.
Recruit Group, currently consisting of three autonomous Strategic Business Units (SBUs) and Recruit Holdings, was founded in 1960 by Hiromasa Ezoe, then an educational psychology student at the University of Tokyo, as Daigaku Shimbun Koukokusha (大学新聞広告社, University Newspaper Advertisement Company). It was a spin-off from the Todai Shimbun (the University of Tokyo's main student newspaper).
In FY 2024, it reported sales of 3.56 trillion Yen and revenue of 678.8 billion Yen, with more than half of its sales generated overseas. Its flagship world-wide services include the job search engine Indeed and the employer review site Glassdoor. The company is listed on the Tokyo Stock Exchange and is a component of the Nikkei 225 and TOPIX Core 30 indices. As of January 2025, the company has the 4th largest market capitalisation in the country of 17.5trillion Yen.
Recruit Holdings Co., Ltd. offers a two-sided talent marketplace that drives meaningful connections between job seekers and employers. In Japan, it also focuses on streamlining business essentials from sourcing to marketing through its cloud-based smart solutions including matching platforms and SaaS.
It holds business competitions within the company that all employees can participate in, fostering a corporate culture that encourages freely initiating new ventures. Popular terms such as "freeter (フリーター, freelancing part-timers)", "employment ice age (就職氷河期)", and "gaten-kei (ガテン系, meaning blue-collar jobs)" have originated from information magazines it has published.
Following the Recruit scandal in 1988, which was regarded as one of the largest post-war scandals in Japan, the company faced a loss of credibility, adversity worsened further by the burst of the bubble economy. This led to the manifestation of bad assets issues with subsidiaries such as Recruit Cosmos (real estate) and First Finance (financial services). The entire group found itself in a difficult situation. In June 1992, its shares were transferred to the major supermarket chain Daiei, placing it under the Daiei Group. However, due to deteriorating performance within the Daiei Group, Recruit Holdings separated around the year 2000. At the time when it joined the Daiei Group, Daiei adopted a stance of being a "silent shareholder" without assuming any debts. Consequently, under Kunio Takagi from Daiei, Recruit managed to settle approximately 1.4 trillion yen in interest-bearing debt from the bubble era's real estate and non-bank business failures by the fiscal year ending in March 1994 by itself. Currently, Recruit operates independently of any corporate group, maintaining neutrality while expanding its business operations.
HR Technology
Staffing