Presentation Slides of Earnings Results Call for Q1 FY2026

Recruit Holdings | FY2026 Q1 Results

Recruit

Holdings

2027年3月期第1四半期決算説明

August 7, 2026

FY2026 Q1 Consolidated Results

FY2025 is the fiscal year from April 1, 2025 to March 31, 2026. FY2026 is the fiscal year from April 1, 2026 to March 31, 2027.

All comparisons during this conference call are year over year unless otherwise stated.

Unless otherwise specified, numbers shown to the first decimal place are rounded down to the second decimal place, and numbers shown as

integers are rounded down to the first decimal place.

Please refer to the QR code below for the transcript.

書き起こしは下記 QRコードを参照ください

English 日本語

Envalith社のレポートは、当社の依頼に基づき作成されたものです

が、リサーチ会社の独立した視点から、客観的かつ中立的な調査・分

析が行われております。なお、いずれも情報提供が目的であり、当社

株式の取引の推奨を目的とするものではありません。

Please refer to the QR code below for our company

page on Envalith.

Envalith社の当社ページは下記 QRコードを参照ください

English 日本語

Recruit Holdings | FY2026 Q1 Results

Recruit Holdings Co., Ltd.

株式会社リクルートホールディングス

Representative Director, President and Chief Executive Officer

代表取締役社長兼 Chief Executive Officer

Head of HR Technology Business

HRテクノロジー事業担当

Indeed, Inc.

President and CEO

出木場久征

いでこばひさゆき

Hisayuki “Deko” Idekoba

Recruit Holdings | FY2026 Q1 Results

Recruit Holdings Co., Ltd.

株式会社リクルートホールディングス

Executive Vice President and Chief Financial Officer

常務執行役員兼 Chief Financial Officer

Financial Management Division

ファイナンシャル・マネジメント本部

荒井淳一

あらいじゅんいち

Junichi Arai

Recruit Holdings | FY2026 Q1 Results

1. Consolidated FY2026 Q1 Summary Financial Results

2. Consolidated FY2026 Full-year Revised Guidance

3. HR Technology Segment FY2026 Q1 Results and Full-year Outlook

4. Staffing Segment FY2026 Q1 Results and Full-year Outlook

5. Marketing Matching Technologies (“MMT”) Segment FY2026 Q1 Results and

Full-year Outlook

Table of Contents

Recruit Holdings | FY2026 Q1 Results

Please see footnotes in the appendix.

EBITDA+S and Margin %

JPY / USD

Revenue Basic EPS

1. Consolidated FY2026 Q1 Summary Financial Results

(in billions of yen)(in billions of yen) (yen)

144.4 147.4 154.0 156.9 159.3

FY2026FY2025 FY2026FY2025 FY2026FY2025

Recruit Holdings | FY2026 Q1 Results

Please see footnotes in the appendix.

152.6 150.7 154.0 159.0

EBITDA+S and Margin %

JPY / USD

Revenue Basic EPS

2. Consolidated FY2026 Full-year Revised Guidance

(in trillions of yen)(in billions of yen) (yen)

FY2026 Guidance

05/15/26 08/07/26

FY2026 Guidance

05/15/26 08/07/26

FY2026 Guidance

05/15/26 08/07/26

Recruit Holdings | FY2026 Q1 Results

2. Consolidated FY2026 Full-year Revised Guidance

Segment Breakdown - Revenue, EBITDA+S and EBITDA+S Margin %

(in billions of yen)

MMT

181.5

30.0%

Staffing

102.5

5.6% HR

Technology

834.0

45.8%

Pre-corporate EBITDA+S Breakdown and

Segment EBITDA+S Margin %

MMT

605.0 HR

Technology

1,822.0

Staffing

1,831.0

Gross

Profit

Revenue Breakdown

(in billions of yen)

Please see footnotes in the appendix.

Recruit Holdings | FY2026 Q1 Results

3. HR Technology Segment

Recruit Holdings | FY2026 Q1 Results

3. HR Technology Segment

FY2026 Full-year Revised Segment Outlook

Revenue in Japanese YenRevenue in US dollar

(in millions of dollars)(in billions of yen)

Europe

& Others

Please see footnotes in the appendix. JPY / USD

EBITDA+S and Margin %

(in billions of yen)

Japan

Pro Forma Actual

FY2026 Outlook

05/15/26 08/07/26

FY2026 Outlook

05/15/26 08/07/26

152.6 150.7 154.0 159.0

FY2026 Outlook

05/15/26 08/07/26

Recruit Holdings | FY2026 Q1 Results

3. HR Technology Segment

FY2026 Full-year Revised Segment Outlook - Revenue Breakdown by Region

Please see footnotes in the appendix.

Japan

FY2025 Actual and FY2026 Outlook FY2026 Revised Outlook and % of Total

(in millions of dollars) (in millions of dollars)

FY2025 Actual FY2026 Outlook

05/15/26 08/07/26

Europe

Others

Japan

$2,315

(20.2%)

$6,650

(57.9%)

Europe

& Others

$2,520

(21.9%)

Total: $11,485

Recruit Holdings | FY2026 Q1 Results

Please see footnotes in the appendix.

3. HR Technology Segment

FY2026 Q1 Segment Revenues

In US dollar In Japanese Yen

Europe

& Others

Japan

YoY

FY2024 Pro Forma FY2024 Pro Forma

FY2025 FY2025

YoY (in billions of yen)

(in millions of dollars)

FY2026 FY2026

Recruit Holdings | FY2026 Q1 Results

Please see footnotes in the appendix.

3. HR Technology Segment

FY2026 Q1 Segment EBITDA, EBITDA+S and Margins %

EBITDA and Margin % EBITDA+S and Margin %

FY2024 Pro Forma

YoY

(in billions of yen) (in billions of yen)

FY2026FY2025 FY2024 Pro Forma FY2026FY2025

Recruit Holdings | FY2026 Q1 Results

3. HR Technology Segment

US Average Revenue Per Job Posting (“US ARPJ”) 米国平均単価

Please see footnotes in the appendix.

Total US Revenue:

Total # of US Job Postings:

Total # of free and paid job postings on US Indeed

US ARPJ =

米国平均単価

Indexed Jobs aggregated by

Indeed from employer

websites and other sources

across the internet

Hosted Jobs posted directly

on Indeed by business clients

and

Sponsored Jobs

Priced above Standard

Interview on Demand

Advanced Matching

Matched Candidates

AI-Generated Messages AI Candidate Highlights

Job Branding

Invite-to-Apply

Tech & Specialty Network Reach

Urgently Hiring Label

First Page Visibility Boost

Location Targeting

Everything in Standard Plus

ATTRACT

Performance Advertising

ENGAGE

Sourcing & Branding

HIRE

Screening & Automation

Standard Automatic Replies

Boosted Visibility

Free Organic Visibility

Screener Questions

Recruit Holdings | FY2026 Q1 Results

3. HR Technology Segment

US Quarterly Revenue, IHL US NSA JPI and US ARPJ Growth Rates

IHL US NSA JPI: Historical (February 2020 - June 2026)

FY2024 FY2025FY2023FY2022FY2021FY2020

(in millions of dollars)

FY2019

(Index to 100

on Feb 1, 2020)

100

125

150

Historical IHL US NSA JPI

Please see footnotes in the appendix.

FY2026

US ARPJ Growth Rates

175

Recruit Holdings | FY2026 Q1 Results

Please see footnotes in the appendix.

100

125

150

Outlook

-7% -4%

(Index to 100 on

Feb 1, 2020)

3. HR Technology Segment

US Annual Revenue Outlook

IHL US NSA JPI: Historical (Apr. 2020 - Apr. 2026) and Assumed FY2026

Historical IHL US NSA JPI

RHC assumed FY2026 Index

(in millions of dollars)

US ARPJ Growth Rates

Recruit Holdings | FY2026 Q1 Results

3. HR Technology Segment

US Revenue

Quarterly Results

FY2024 FY2025

YoY

Annual Results and Outlook

YoY

(in millions of dollars) (in millions of dollars)

Please see footnotes in the appendix.

FY2026

FY2026 Outlook

05/15/26 08/07/26

FY2025FY2024

-7% -4% -4%

+17% +18%

+30%

US ARPJ Growth Rates

Historical IHL US NSA JPI

投影無し

Recruit Holdings | FY2026 Q1 Results

3. HR Technology Segment

Europe and Others (Including Canada) Revenue

Quarterly Results

FY2024 FY2025

YoY Annual Results and Outlook

YoY YoY

(in millions of dollars) (in millions of dollars)

Please see footnotes in the appendix.

FY2026

FY2026 Outlook

05/15/26 08/07/26

Recruit Holdings | FY2026 Q1 Results

3. HR Technology Segment

Japan Revenue

FY2024 Pro Forma

Quarterly Results YoY Annual Results and Outlook

(in billions of yen) (in billions of yen)

Please see footnotes in the appendix.

YoY YoY

FY2026 Outlook

05/15/26 08/07/26

FY2026FY2025 Pro Forma

Recruit Holdings | FY2026 Q1 Results

Job Advertising &

Talent Sourcing

求人広告及び採用ツール

Direct Hire

人材紹介

Retained Search

エグゼクティブサーチ

Total: $302 bn (in billions of USD)

Temporary Staffing

人材派遣

$34 bn

$71 bn

$105 bn

$24 bn

Internal Recruitment

Automation

採用オートメーション

3. HR Technology Segment

　Global HR Matching TAM in 2025

Please see footnotes in the appendix.

$68 bn

Recruit Holdings | FY2026 Q1 Results

4. Staffing Segment

Recruit Holdings | FY2026 Q1 Results

Japan

Europe

Australia

4. Staffing Segment

FY2026 Q1 Results

Please see footnotes in the appendix.

YoY

(in billions of yen) (in billions of yen)

FY2024 FY2026FY2025 FY2024 FY2026FY2025

Revenue EBITDA+S and Margin %

Recruit Holdings | FY2026 Q1 Results

4. Staffing Segment

FY2026 Annual Outlook

Please see footnotes in the appendix.

YoY

(in billions of yen) (in billions of yen) YoY

YoYYoY

FY2026 Outlook

05/15/26 08/07/26

FY2026 Outlook

05/15/26 08/07/26

Revenue EBITDA+S and Margin %

Japan

Europe,

US,

Australia

Recruit Holdings | FY2026 Q1 Results

5. MMT Segment

Recruit Holdings | FY2026 Q1 Results

Business ClientsIndividual Users

Recruit ID

SaaS with

Unique Data

Vertical

Matching Platforms

GMV Increase

with AI

Matching

5. MMT Segment

Vertical Matching Platforms

Unique Data through Fulfillment

AI Enhancement

Loyalty Points

99 million1

980,0002

Please see footnotes in the appendix.

Recruit Holdings | FY2026 Q1 Results

5. MMT Segment

FY2025 Full-year Revenue by Subsegment

Beauty

¥126.2 Bn

Housing

& Real Estate

¥156.9 Bn

Others

(Automobile, Bridal,

Education, and Others)

¥113.8 Bn

MMT Total

¥564.6 Bn

Travel,

Dining, and

SaaS solutions

¥167.6 Bn

Lifestyle

¥293.8 Bn

(in billions of yen)