Recruit Holdings Co., Ltd. · TSE:6098
Recruit — Q3 FY2024 Earnings Presentation
27 slides from Recruit's earnings presentation, Feb 12, 2025
Slide 1: FY2024 Q3 Consolidated Results
Recruit Holdings FY2024 Q3 Consolidated Results 2025年3月期 第3四半期決算説明 February 12, 2025 FY2024 stands for the period ending on March 31, 2025. All comparisons during this conference call are year over year unless otherwise stated. The negative numbers are in parentheses in this presentation. 2024年度は202
Slide 2: FY2024 Q3 Result Highlights and Updates
FY2024 Q3 Result Highlights and Updates 1. Consolidated FY2024 Q3 (October to December) financial results 2025年3月期第3四半期連結実績 2. Consolidated FY2024 full-year (April through March) guidance revised 2025年3月期通期連結業績予想の修正 3. HR Technology FY2024 Q3 financial results and Q4 (January to March) outlook HRテクノ
Slide 3: Consolidated FY2024 Q3 Financial Results
FY2024 Q3 Result Highlights and Updates 1. Consolidated FY2024 Q3 Financial Results Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Basic EPS (yen) Adjusted EBITDA Margin YoY YoY FY2023 FY2024 FY2023 FY2024 FY2023 FY2024 Recruit Holdings | FY2024 Q3 Results 3
Slide 4: Consolidated FY2024 Full-Year Guidance Revised
FY2024 Q3 Result Highlights and Updates 2. Consolidated FY2024 Full-Year Guidance Revised Revenue (in trillions of yen) Adjusted EBITDA and (in billions of yen) Basic EPS (yen) Adjusted EBITDA Margin FY2023 FY2024 FY2024 FY2023 FY2024 FY2024 FY2023 FY2024 FY2024 Actual as of as of Actual as of as of
Slide 5: HR Technology FY2024 Q3 Financial Results and Q4 Outlook
FY2024 Q3 Result Highlights and Updates 3. HR Technology FY2024 Q3 Financial Results and Q4 Outlook Revenue in US Dollar (in millions of dollars) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin YoY YoY 33.5% 8.4% RoW Japan US FY2023 FY2024 FY2023 FY2024 Actual Actual Outlook Actual A
Slide 6: Progress of Share Repurchases
FY2024 Q3 Result Highlights and Updates 4. Progress of Share Repurchases Historical Annual Share Repurchase Amounts1 and Total Payout Ratio2 Share Repurchase Amounts Total Payout Ratio (%) (in billions of yen) 3 Total Number of Shares 22.2 15.1 26.5 35.0 47.5 75.8 Repurchased4 (million shares) 1 Del
Slide 7: This page intentionally left blank
This page intentionally left blank Recruit Holdings | FY2024 Q3 Results 7
Slide 8: HR Technology Segment FY2024 2H Outlook
HR Technology Segment FY2024 2H Outlook Revenue in US Dollar (in millions of dollars) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin YoY YoY YoY 6.5% - 14.5% 9.2% 31.5% - 35.5% 34.7% RoW YoY Japan YoY US YoY FY2023 FY2024 as of as of FY2023 FY2024 as of as of Actual Actual 11/11/24
Slide 9: HR Technology Segment FY2024 Full-year Revised Outlook
HR Technology Segment FY2024 Full-year Revised Outlook Revenue in US Dollar (in millions of dollars) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin YoY YoY 34.1% - 36.0% 35.6% 4.1% - 7.9% 5.3% RoW Japan US FY2024 FY2024 FY2024 FY2024 Actual as of as of Actual as of as of 11/11/24 02
Slide 10: Matching & Solutions - HR Solutions FY2024 Q3 Financial Results
Matching & Solutions Segment - HR Solutions FY2024 Q3 Financial Results Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin1 YoY FY2023 FY2024 FY2023 FY2024 1 Adjusted EBITDA and adjusted EBITDA margin before allocation of corporate overhead costs Recruit Hol
Slide 11: Matching & Solutions - HR Solutions Full-year Revised Outlook
Matching & Solutions Segment - HR Solutions FY2024 Full-year Revised Outlook Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin1 YoY YoY (12.3)% - (7.4)% (10.0)% 18.8% - 21.0% 19.5% FY2024 FY2024 FY2024 FY2024 Actual as of as of Actual as of as of 11/11/24 0
Slide 12: Matching & Solutions - Marketing Solutions FY2024 Q3 Financial Results
Matching & Solutions Segment - Marketing Solutions FY2024 Q3 Financial Results Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin1 YoY FY2023 FY2024 FY2023 FY2024 1 Adjusted EBITDA and adjusted EBITDA margin before allocation of corporate overhead costs Recr
Slide 13: Matching & Solutions - Marketing Solutions Full-year Revised Outlook
Matching & Solutions Segment - Marketing Solutions FY2024 Full-year Revised Outlook Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin1 YoY YoY 5.4% - 8.4% 7.8% 30.0%± 30.0% FY2024 FY2024 FY2024 FY2024 Actual as of as of Actual as of as of 11/11/24 02/12/25
Slide 14: Matching & Solutions Segment FY2024 Q3 Financial Results
Matching & Solutions Segment FY2024 Q3 Financial Results Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin YoY FY2023 FY2024 FY2023 FY2024 Recruit Holdings | FY2024 Q3 Results 14
Slide 15: Matching & Solutions Segment Full-year Revised Outlook
Matching & Solutions Segment FY2024 Full-year Revised Outlook Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) YoY YoY Adjusted EBITDA Margin (1.4)% - 2.4% 1.0% 21.6% - 23.4% 22.5% FY2024 FY2024 FY2024 FY2024 Actual as of as of Actual as of as of 11/11/24 02/12/25 11/11/24 02/12
Slide 16: Staffing Segment FY2024 Q3 Financial Results
Staffing Segment FY2024 Q3 Financial Results Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin YoY Japan YoY Europe US Australia YoY FY2023 FY2024 FY2023 FY2024 Recruit Holdings | FY2024 Q3 Results 16
Slide 17: Staffing Segment FY2024 Full-year Revised Outlook
Staffing Segment FY2024 Full-year Revised Outlook Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) 1,634.2 Adjusted EBITDA Margin 5.9%± 5.8% Japan YoY YoY YoY 7.2%± 7.2%± 6.9% Europe US Australia YoY YoY YoY (3.9)% (2.9)% (1.7)% FY2024 FY2024 FY2024 FY2024 Actual as of as of Act
Slide 18: Follow Your Heart
Follow Your Heart Recruit RecruitHoldings Holdings|| FY2024 FY2024Q3 Q3 Results 18
Slide 19: Opportunities for Life.
Opportunities for Life. Faster, simpler and closer to you. Recruit RecruitHoldings Holdings|| FY2024 FY2024Q3 Q3 Results 19
Slide 20: Appendix: FY2024 Q3 Consolidated Financial Results
Appendix: FY2024 Q3 Consolidated Financial Results FY2023 Q3 FY2024 Q3 Adjusted EBITDA & Adjusted EBITDA Margin (in billions of yen, unless otherwise stated) Actual Actual YoY Exchange rate per US dollar (yen) ドル円 (円) 147.86 152.37 - Revenue / 売上収益 866.7 896.9 3.5% Adjusted EBITDA / 調整後EBITDA 158.2
Slide 21: Appendix: FY2024 Consolidated Full-Year Revised Guidance
Appendix: FY2024 Consolidated Full-Year Revised Guidance FY2023 FY2024 (in billions of yen, unless otherwise stated) Actual Guidance YoY Exchange rate per US Dollar (Yen) ドル円 (円) 144.59 153.00 - Revenue 売上収益 3,416.4 3,560.0 4.2% Adjusted EBITDA 調整後EBITDA 598.3 673.0 12.5% Adj. EBITDA Margin % 調整後EBI
Slide 22: Appendix: FY2024 Q3 Financial Result by Segment
Appendix: FY2024 Q3 Financial Result by Segment (in billions of yen) FY2023 Q3 FY2024 Q3 Adjusted EBITDA & Adjusted EBITDA Margin Actual Actual YoY HR Technology 243.0 275.4 13.3% Revenue Matching & Solutions 199.5 198.7 (0.4)% 売上収益 Staffing 433.6 438.4 1.1% Consolidated1 866.7 896.9 3.5% HR Technol
Slide 23: Appendix: FY2024 Q3 Consolidated Adjusted EBITDA and Operating Income
Appendix: FY2024 Q3 Consolidated Adjusted EBITDA and Operating Income FY2023 Q3 FY2024 Q3 (in billions of yen) Actual Actual YoY Operating income / 営業利益 108.9 139.6 28.2% Other Operating Income and Expenses, Net 11.1 1.3 - / その他営業収益・費用 Non-GAAP Operating Income / Non-GAAP営業利益 120.0 140.9 17.4% Depre
Slide 24: Appendix: Number of shares
Appendix: Number of shares AsEBITDA Adjusted of As of Margin & Adjusted EBITDA As of (in millions of shares) March 31, September 30, December 31, 2024 2024 2024 Actual Actual Actual Number of issued shares/ 期末発行済株式数 1,649.8 1,649.8 1,649.8 Number of treasury stock / 期末自己株式数 Treasury stock directly h
Slide 25: Appendix: Business Strategies
Appendix: Business Strategies 01 02 03 Simplify Help Businesses Prosper Hiring Work Smarter Together Make it easier and faster for Improve performance and Make positive impact on people to get jobs productivity for business clients society and the planet in Japan through sustainable growth shared by
Slide 26: Disclaimer
Disclaimer Forward-Looking Statements This material contains forward-looking statements, which reflect the Company’s assumptions, estimates and outlook for the future based on information available to the Company and the Company’s plans and expectations as of the date of this material unless the con
Slide 27: 免責条項
免責条項 将来見通しに関する注意事項 本資料には、将来の見通しに関する記述が含まれています。将来の見通しに関する記述には、別段の記載がない限り本資料の発表日現在における当 社が入手可能な情報並びに当社の計画及び見込みに基づいた当社の想定、将来の見通し及び推測が含まれますが、これらが達成される保証はありま せん。経済状況の変化、個人ユーザーの嗜好及び企業クライアントのニーズの変化、他社との競合、法令、ソフトロー又は実務慣行の変化を含む法規 制の変化、為替レートの変動、気候変動を含む地球環境の変化、大規模自然災害の発生その他の様々な要因により、将来の予測・見通しに関する記 述は実際の業績と大幅に異