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Recruit Holdings | FY2025 Q3 Results
Appendix: Footnotes
Page 3,13-20,27
As of April 1, 2025, HR Solutions of Matching & Solutions was transferred to HR Technology, and Matching & Solutions was renamed Marketing Matching
Technologies from FY2025. The pro forma results were calculated assuming that the above transfer had been effective on April 1, 2024, and the consolidated
guidance and quarterly actual results for each segment for FY2025 are shown in comparison with the pro forma results for FY2024. The calculation of pro
forma results reflects adjustments to inter-segment internal revenue and corporate overhead costs in Matching & Solutions. As a result, there are slight
differences between FY2024 actual results and the pro forma results other than HR Technology Japan and Marketing Matching Technologies. Please note that
the pro forma results for FY2024 Q1, Q2 and Q3 are reviewed, while the pro forma results for Q4 is not subject to audit or review by a certified public
accountant or an independent auditor.
Page 6,24
1 Includes shares repurchased by the Board Incentive Plan (“BIP”) trust.
2 Total payout ratio = ( Total amount of dividend payment + Total amount of share repurchases ) / Profit attributable to owners of the parent.
3 Total amount of dividend payment is calculated from the interim dividend plus the estimated year-end dividend per share multiplied by the number of issued
shares, excluding treasury stock, as of 12/31/2025. Total amount of share repurchases reflects the value of shares repurchased from 04/01/2025 through
2/4/2026. Profit attributable to owners of the parent is based on the full-year
guidance for FY2025 as of Feb 9, 2026.
4 Net cash and cash equivalent = cash and cash equivalents + Investments for available funds on standby for business operations within other financial assets
- interest bearing debt (excludes lease liabilities)
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1 Internal data, cumulative number of verified job seeker accounts on Indeed through December 31, 2025, worldwide. Job seeker accounts that have a unique,
verified email address.
2 Internal data, cumulative number of Glassdoor registered users for which a profile or resume is available through December 31, 2025, worldwide
3 Internal data, based on the last 12 months of activity as of March 2025, worldwide
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The sum of the three segments does not correspond with consolidated revenue and EBITDA+S due to adjustments, such as intra-group transactions.