Menu

Performance Highlights

Performance Highlights 1
Performance Highlights 2

*1 Financial Results of operating companies in the HR Technology segment in US dollar terms, which differ from the IFRS*2-based consolidated financial results of Recruit Holdings Co., Ltd. ("Recruit Holdings" or the "Company").
*2 International Financial Reporting Standards
*3 As of March 31, 2018
*4 The number of employees in Japan operations of the Staffing segment in fiscal year ("FY") 2017 decreased year on year due to a change in the scope of aggregation.
*5 Formerly New RING.

Consolidated Financial Summary *1

Revenue

(billions of yen)

Revenue

EBITDA

(billions of yen)

EBITDA

Adjusted profit *2, 3

(billions of yen)

Adjusted profit

Adjusted EPS *2, 5, 6

(yen)

Adjusted EPS

ROE*7

(%)

ROE

Dividend per share/
payout ratio *5, 8

(yen/%)

Dividend per share/payout ratio

Revenue and EBITDA by segment *9
HR Technology

(billions of yen)

Revenue and EBITDA by segment

Media & Solutions

(billions of yen)

Media & Solutions

Staffing

(billions of yen)

Staffing

*1 From FY2017, Recruit Holdings adopted IFRS for its financial statements and comparative information is for the two years starting from FY2016. Figures for FY2015 and earlier derive from Japanese GAAP and are included as reference information.
*2 Figures prior to FY2014 are not disclosed.
*3 Adjusted profit = profit attributable to owners of the parent ± adjustment items*4 (excluding non-controlling interests) ± tax reconciliation related to certain adjustment items
*4 Adjustment items = amortization of intangible assets arising due to business combination ± non-recurring income/losses
*5 The amount reflected a three-for-one stock split implemented on July 1, 2017, with the record date of June 30, 2017.
*6 Adjusted EPS = adjusted profit / (number of shares issued at the end of the period - number of treasury stock at the end of the period)
*7 ROE = profit attributable to owners of the parent / simple average of total equity attributable to owners of the parent at the beginning and end of the relevant fiscal year
*8 Basis for calculation of dividends: (up to FY2015) net income before amortization of goodwill, (FY2016 and onward) profit attributable to owners of the parent ± non-recurring income/ losses, etc.
*9 Figures prior to FY2015 are not available as we changed the structure of our reportable segment in April 2016.

Consolidated Statement of Profit or Loss and Other Financial Data *1

(billions of yen, unless otherwise stated)

FY2017 FY2018
Revenue 1,941.9 2,173.3
Cost of sales 1,051.5 1,159.1
Selling, general and
administrative expenses
710.6 817.2
Operating income 193.5 191.7
Profit before tax 198.9 199.2
Profit for the year 137.2 152.3
Profit attributable to
owners of the parent
136.6 151.6
Profit attributable to
non-controlling interests
0.6 0.6
EBITDA*2 232.2 258.4
Depreciation and amortization 52.4 61.3
Adjusted profit*3 133.7 144.9
Profit available for dividends*5 122.1 131.8
Adjusted EPS (yen) *6,7 80.06 86.74
ROE(%)*8 19.5 19.3

Segment Information*9

(billions of yen, unless otherwise stated)

FY2017 FY2018
Revenue: Consolidated 1,941.9 2,173.3
HR Technology 132.7 218.5
Media & Solutions 658.2 679.9
Staffing 1,170.8 1,298.8
EBITDA: Consolidated 232.2 258.4
HR Technology 16.7 30.6
Media & Solutions 151.5 156.1
Staffing 65.6 72.7
EBITDA margin (%): Consolidated 12.0% 11.9%
HR Technology 12.6% 14.0%
Media & Solutions 23.0% 23.0%
Staffing 5.6% 5.6%

Overview of Consolidated Financial Position

(billions of yen)

2017 2018
Total assets 1,462.9 1,574.0
Total current assets 691.3 770.9
Total non-current assets 771.5 803.0
Total liabilities 720.1 733.3
Total current liabilities 413.5 447.7
Total non-current liabilities 306.6 285.6
Total equity 742.7 840.6
Total equity attributable to
owners of the parent
737.5 835.6
Non-controlling interests 5.1 5.0

Overview of Consolidated Cash Flows

(billions of yen)

2017 2018
Net cash flows from operating activities 154.3 194.1
Net cash flows from investing activities (213.8) (65.9)
Net cash flows from financing activities 107.1 (83.1)
Effect of exchange rate changes on cash and cash equivalents (2.3) (10.3)
Net increase (decrease) in cash and cash equivalents 45.3 34.6
Cash and cash equivalents at beginning of the period 309.8 355.1
Cash and cash equivalents at end of the period 355.1 389.8

*1 From FY2017, Recruit Holdings adopted IFRS for its financial statements and comparative information is for the two years starting from FY2016.
*2 EBITDA = operating income + depreciation and amortization + other operating income/expenses *3 Adjusted profit = profit attributable to owners of the parent ± adjustment items*4 (excluding non-controlling interests) ± tax reconciliation related to certain adjustment items
*4 Adjustment items = amortization of intangible assets arising due to business combination ± non-recurring income/losses
*5 Profit available for dividends = profit attributable to owners of the parent ± non-recurring income/losses, etc.
*6 The amount reflected a three-for-one stock split implemented on July 1, 2017, with the record date of June 30, 2017.
*7 Adjusted EPS = adjusted profit / (number of shares issued at the end of the period - number of treasury stock at the end of the period)
*8 ROE = profit attributable to owners of the parent / simple average of total equity attributable to owners of the parent at the beginning and end of the relevant fiscal year
*9 The total sum of the three segments does not correspond with consolidated revenue due to eliminations and adjustments, such as intra-group transactions.