Recruit Holdings Co., Ltd. · TSE:6098
Recruit — Investor Day (2024)
16 slides from Recruit's investor day presentation, Apr 19, 2024
Slide 1: Simplify Hiring
Simplify Hiring RGF Staffing Rob Zandbergen Executive Vice President Head of Staffing Business CEO, RGF Staffing B.V. 1-8-1
Slide 2: Our Mission: Employing Made Easy!
Our Mission: Employing Made Easy! 1-8-2 Note: "RGF Staffing" represents throughout this presentation the Staffing Strategic Business Unit, as reported by Recruit Holdings
Slide 3: RGF Staffing is a global leader in staffing
RGF Staffing is a global leader in staffing 275,000 19,300 11 Temps on assignment working in Employees working in Countries, with presence on the various industry segments all RGF staffing entities continents of Asia, Australia, Europe, North America 1,585 102 36% (1) (2) JPY billion revenue JPY bil
Slide 4: RGF Staffing has the highest productivity versus peers
RGF Staffing has the highest productivity versus peers Revenue Productivity(1) EBITDA(2) FY2022 FY2022 EBITDA % of Gross profit FY2022 Peers RGF Staffing 36% RGF Staffing JPY 102bn RGF Staffing JPY 1,585bn #4 in revenue #1 in productivity #3 in EBITDA Note: Peers include in alphabetical order (Adecc
Slide 5: RGF Staffing has the most competitive industry cost levels
RGF Staffing has the most competitive industry cost levels FY2022 Est. SG&A as percentage of revenue(1) #1 11% RGF Staffing(2) Peers Note: Peers include in alphabetical order (Adecco, Hays, Kelly, Manpower, Randstad) 1. Estimated SG&A calculated as Gross Margin less estimated EBITDA based on financi
Slide 6: RGF Staffing productivity improvements contribute to Recruit's Adj. EBITDA growth
RGF Staffing productivity improvements contribute to Recruit’s Adj. EBITDA growth Adj. EBITDA in JPY Billion Organic growth & Continuous productivity improvement Overseas expansion through acquisitions 102.2 USA AUS & NZ EU 93.2 2010 2015 2016 CSI Companies Chandler Macleod USG People 82.9 81.2 Peop
Slide 7: Be the world's most innovative staffing platform
Our Vision Be the world’s most innovative staffing platform 1-8-7
Slide 8: Temporary staffing is the largest segment in the HR Matching market
Temporary staffing is the largest segment in the HR Matching market The temporary staffing market is highly fragmented and has many inefficient players — out-innovating competitors will enable RGF Staffing to win market share RGF Staffing is in markets that cover Temporary 76% of the temporary staff
Slide 9: Today's staffing processes are inefficient and complex, primed for innovation
Today's staffing processes are inefficient and complex, primed for innovation 1-8-9
Slide 10: Data driven and AI supported processes will drive further efficiency improvement
Data driven and AI supported processes will drive further efficiency improvement Accelerating the process from job opening to employment Improve speed and quality of matching Increase retention of workers Opening Source Candidate Assess Match Onboard Fill Employment Automate manual processes 1-8-10
Slide 11: Recruit well positioned to innovate HR Matching market
Recruit well positioned to innovate HR Matching market We have the advantage of being part of a larger organization with billions of insights to draw upon to bring temp workers and companies together HR Technology SBU Staffing SBU Matching & Solutions SBU Rikunabi NEXT Rikunabi 1-8-11
Slide 12: Advancing cross SBU collaboration and innovation
Advancing cross SBU collaboration and innovation HR Technology SBU Staffing SBU Matching & Solutions SBU 01 Development of a full marketplace model 02 111 Leverage best matching technology 03 Workflow automation 1-8-12
Slide 13: Please watch the full video presentation to see the Indeed Flex video
Please watch the full video presentation to see the Indeed Flex video 1-8-13
Slide 14: Advancing cross SBU collaboration and innovation
Advancing cross SBU collaboration and innovation HR Technology SBU Staffing SBU Matching & Solutions SBU 01 Development of a full marketplace model 02 111 Leverage best matching technology 03 Workflow automation 1-8-14
Slide 15: Leverage best matching technology
Leverage best matching technology Initial test in staffing operating company in Japan Matching Engine +90% increase in Implementing Recruit’s AI-based matching engine to increase efficiency # of applications(1) 1. Ongoing test in Japan; Increase in applications attributable to recommended job offers
Slide 16: Key Takeaways
Key Takeaways 01 Our growth has been driven by our commitment to operational excellence and increased productivity 02 The large, highly fragmented temporary staffing market covers only a very small part of the working population and is prime for growth and disruption from a tech-led provider 03 We a