Mid- to Long- Term Strategies
Aim to become the global leader of the HR Matching market
The Company aims to become the global leader in the HR Matching market, which the Company estimates was roughly 159 billion US dollars(1)in terms of annual revenue in 2019, by utilizing innovation and creativity driven by technology. The HR Matching market includes job advertising and talent sourcing tools, placement and search, and temporary staffing.
The Company believes the size of the global HR Matching market will decrease significantly in the near-term, including in 2020 due to the impact of the COVID-19 pandemic as revenue in the HR Matching market tends to be highly correlated with overall economic growth as well as conditions in the labor market.
However, the resulting uncertainty and rapidly evolving conditions around the world prevent the Company from reliably predicting the magnitude of the negative impact on the HR matching market in 2020 or subsequent years.
During these unprecedented times, the Company remains fully committed to supporting job seekers and employers through its resources and technology. The Company will continue to invest proactively and strategically to become a global leader in the HR Matching market in the mid- to long-term.
(1) Sum of the estimated size of addressable markets for the job advertising & talent sourcing tools market and the placement & search market in terms of annual revenue and addressable markets for the temporary staffing market in terms of annual gross profit, in each case based on the Company's estimates and third party market data as described in notes 2~5 in Mid- to Long-Term Strategies and Issues to be Addressed in 1. Aim to become the global leader of the HR Matching market in 3. Management Philosophy and Strategies in Consolidated Financial Results for the Year Ended March 31, 2020.
Improve productivity of clients' businesses through SaaS solutions with a focus on Air BusinessTools
The Company believes there is a sizable long-term growth opportunity to provide operational support services empowered by technology, that is delivered through SaaS solutions to help improve productivity for SMEs in Japan.
Air BusinessTools provides a comprehensive bundled suite of cloud-based solutions to support the day-to-day management and operations of a business, through solutions such as AirREGI and AirPAY to existing clients of Media & Solutions' advertising business, as well as new clients.
The Company aims to solve various challenges SMEs face every day in their business operations by providing Air BusinessTools across a variety of industries in Japan. SaaS solutions enable SMEs to spend less time on back-office related work and spend more time on their main businesses, which improves operational efficiency, enhances productivity, and contributes to the overall sustainability of SMEs' businesses. As a result, the Company believes that SaaS solutions support SMEs in growing their businesses and increasing customer satisfaction.
For further information, please refer to: Mid- to Long-Term Strategies and Issues to be Addressed in 3. Management Philosophy and Strategies in Consolidated Financial Results for the Year Ended March 31, 2020.
https://recruit-holdings.com/ir/library/upload/report_202003Q4_er_en.pdf (995 KB)
As of May 27, 2020.
- Investor Relations