Recruit Holdings Co., Ltd. · TSE:6098

Recruit — Q2 FY2024 Earnings Presentation

34 slides from Recruit's earnings presentation, Nov 11, 2024

  1. Slide 1: FY2024 Q2 Consolidated Results

    Recruit Holdings FY2024 Q2 Consolidated Results 2025年3月期 第2四半期決算説明 November 11, 2024 FY2024 stands for the period ending on March 31, 2025. All comparisons during this conference call are year over year unless otherwise stated. 2024年度は2025年3月期を意味します。 本日言及する数値の比較は、特段の断りがない限り、すべて前年同期との比較です。 Recruit Ho

  2. Slide 2: FY2024 Q2 Result Highlights and Updates

    FY2024 Q2 Result Highlights and Updates 1. FY2024 Q2 (July to September) and 1H (April to September) consolidated results 2025年3月期 第2四半期および上半期連結実績 2. FY2024 consolidated full-year (April through March) guidance ranges revised 2025年3月期通期連結業績予想の修正 3. Progress of 600 billion yen share repurchases annou

  3. Slide 3: FY2024 Q2 Consolidated Financial Results

    FY2024 Q2 Result Highlights and Updates 1. FY2024 Q2 Consolidated 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 Q2 Results 3

  4. Slide 4: FY2024 1H Consolidated Financial Results

    FY2024 Q2 Result Highlights and Updates 1. FY2024 1H Consolidated Financial Results Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Basic EPS (yen) Adjusted EBITDA Margin YoY FY2022 FY2023 FY2024 FY2022 FY2023 FY2024 FY2022 FY2023 FY2024 Recruit Holdings | FY2024 Q2 Results 4

  5. Slide 5: FY2024 2H Consolidated Outlook

    FY2024 Q2 Result Highlights and Updates 2. FY2024 2H Consolidated Outlook Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Basic EPS (yen) Adjusted EBITDA Margin FY2023 FY2024 FY2024/2H FY2023 FY2024 FY2024/2H FY2023 FY2024 FY2024/2H The foreign exchange rate assumptions for FY2

  6. Slide 6: FY2024 Full-Year Revised Consolidated Guidance Ranges

    FY2024 Q2 Result Highlights and Updates 2. FY2024 Full-Year Revised Consolidated Guidance Ranges Revenue (in trillions of yen) Adjusted EBITDA and (in billions of yen) Basic EPS (yen) Adjusted EBITDA Margin FY2024 FY2024 FY2024 FY2024 FY2024 FY2024 FY2023 as of 05/15 as of 11/11 FY2023 as of 05/15 a

  7. Slide 7: Progress in Share Repurchases and Interim Dividend

    FY2024 Q2 Result Highlights and Updates 3. Progress in Share Repurchases and Interim Dividend • Repurchased 53.1 million shares for 478.5 billion yen (79.8% of maximum amount 600 billion yen) from July 10 through October 31 7月10日から10月31日までに、設定上限規模6,000億円の79.8%に相当する4,785億円で 5,316万株を取得 • The interim d

  8. Slide 8: Business Segments in FY2025 and Thereafter

    FY2024 Q2 Result Highlights and Updates 4. Business Segments in FY2025 and Thereafter HR Technology Matching & Solutions Staffing FY2017 - FY2024 HR Marketing HR Technology Staffing Matching & Solutions FY2025 - M&S HR Technology M&S Marketing HR “Help Businesses HR Matching: “Simplify Hiring” Work

  9. Slide 9: This page intentionally left blank

    This page intentionally left blank Recruit Holdings | FY2024 Q2 Results 9

  10. Slide 10: HR Technology Segment FY2024 Q2 Financial Results

    HR Technology Segment FY2024 Q2 Financial Results Revenue in US Dollar Revenue in Japanese Yen Adjusted EBITDA and (in millions of dollars) (in billions of yen) Adjusted EBITDA margin YoY YoY (in billions of yen) RoW YoY Japan YoY US YoY FY2023 FY2024 FY2023 FY2024 FY2023 FY2024 Recruit Holdings | F

  11. Slide 11: HR Technology Segment FY2024 1H Results and 2H Outlook

    HR Technology Segment FY2024 1H Financial Results and 2H Outlook Revenue in US Dollar (in millions of dollars) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin YoY YoY 31.5% - 35.5% +6.5% - +14.5% RoW YoY Japan YoY US YoY FY2023 FY2024 FY2023 FY2024 Recruit Holdings | FY2024 Q2 Result

  12. Slide 12: 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 33.0% - 36.0% 34.1% - 36.0% +0.0% - +9.5% +4.1% - +7.9% RoW Japan US FY2024 FY2024 FY2024 FY2024 as of 05/15 as of 11/11 as of

  13. Slide 13: HR Solutions FY2024 Q2 Financial Results

    Matching & Solutions Segment - HR Solutions FY2024 Q2 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

  14. Slide 14: HR Solutions FY2024 1H Results and 2H Outlook

    Matching & Solutions Segment - HR Solutions FY2024 1H Financial Results and 2H Outlook Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) YoY Adjusted EBITDA Margin1 YoY -18.0% - -8.0% 13.0% - 18.0% FY2023 FY2024 FY2023 FY2024 1 Adjusted EBITDA and adjusted EBITDA margin before al

  15. Slide 15: HR Solutions FY2024 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 18.8% - 21.0% -23.0% - -10.0% -12.3% - -7.4% 16.0% - 19.0% FY2024 FY2024 FY2024 FY2024 as of 05/15 as of 11/11 as of 05/1

  16. Slide 16: Marketing Solutions FY2024 Q2 Financial Results

    Matching & Solutions Segment - Marketing Solutions FY2024 Q2 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

  17. Slide 17: Marketing Solutions FY2024 1H Results and 2H Outlook

    Matching & Solutions Segment - Marketing Solutions FY2024 1H Financial Results and 2H Outlook Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) YoY Adjusted EBITDA Margin1 YoY +3.0% - +9.0% 25.0% - 28.0% FY2023 FY2024 FY2023 FY2024 1 Adjusted EBITDA and adjusted EBITDA margin bef

  18. Slide 18: Marketing Solutions FY2024 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 +1.5% - +9.0% +5.4% - +8.4% 29.0% - 31.0% 30.0%± FY2024 FY2024 FY2024 FY2024 as of 05/15 as of 11/11 as of 05/15 a

  19. Slide 19: Matching & Solutions Segment FY2024 Q2 Financial Results

    Matching & Solutions Segment FY2024 Q2 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 Q2 Results 19

  20. Slide 20: Matching & Solutions Segment FY2024 1H Results and 2H Outlook

    Matching & Solutions Segment FY2024 1H Financial Results and 2H Outlook Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) YoY Adjusted EBITDA Margin YoY -4.8% - +2.8% 16.5% - 20.5% FY2023 FY2024 FY2023 FY2024 Recruit Holdings | FY2024 Q2 Results 20

  21. Slide 21: Matching & Solutions Segment FY2024 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 -7.7% - +1.8% -1.4% - +2.4% 20.0% - 23.0% 21.6% - 23.4% FY2024 FY2024 FY2024 FY2024 as of 05/15 as of 11/11 as of 05/15 as of 11/11 Recru

  22. Slide 22: Staffing Segment FY2024 Q2 Financial Results

    Staffing Segment FY2024 Q2 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 Q2 Results 22

  23. Slide 23: Staffing Segment FY2024 1H Results and 2H Outlook

    Staffing Segment FY2024 1H Financial Results and 2H Outlook Revenue (in billions of yen) Adjusted EBITDA and (in billions of yen) Adjusted EBITDA Margin YoY 5.2%± Japan YoY YoY +7.0%± +7.0%± Europe US Australia YoY YoY -9.0% -7.0% FY2023 FY2024 FY2023 FY2024 Recruit Holdings | FY2024 Q2 Results 23

  24. Slide 24: 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 5.5% - 6.0% 5.9%± Japan YoY YoY YoY YoY +5.0%± +5.0%± +7.2%± +7.2%± Europe US Australia YoY YoY YoY YoY -4.0% -2.5% -3.9% -2.9% FY2024 FY2024 FY2024

  25. Slide 25: Follow Your Heart

    Follow Your Heart Recruit Holdings | FY2024 Q2 Results 25

  26. Slide 26: Opportunities for Life.

    Opportunities for Life. Faster, simpler and closer to you. Recruit Holdings | FY2024 Q2 Results 26

  27. Slide 27: Appendix: FY2024 Q2 and 1H Consolidated Financial Results

    Appendix: FY2024 Q2 and 1H Consolidated Financial Results FY2023 Adjusted EBITDA FY2024 FY2023 & Adjusted EBITDA Margin FY2024 Q2 Q2 1H 1H (in billions of yen, unless otherwise stated) Actual Actual YoY Actual Actual YoY Exchange rate per US dollar (yen) ドル円 (円) 144.63 149.71 - 141.06 152.78 - Reven

  28. Slide 28: Appendix: FY2024 Consolidated Full-Year Revised Guidance Ranges

    Appendix: FY2024 Consolidated Full-Year Revised Guidance Ranges FY2023 FY2024 Guidance (in billions of yen, unless otherwise stated) Actual Low High YoY Exchange rate per US Dollar (Yen) ドル円 (円) 144.59 142.00 - Revenue 売上収益 3,416.4 3,468.7 - 3,548.7 +1.5% - +3.9% Adjusted EBITDA 調整後EBITDA 598.3 622.

  29. Slide 29: Appendix: FY2024 Q2 Financial Result by Segment

    Appendix: FY2024 Q2 Financial Result by Segment FY2023 FY2024 FY2023 FY2024 (in billions of yen) YoY YoY Q2 Q2 Adjusted 1H Margin EBITDA & Adjusted EBITDA 1H HR Technology 257.2 283.0 +10.0% 515.1 568.2 +10.3% Revenue Matching & Solutions 200.1 205.5 +2.7% 400.1 408.5 +2.1% 売上収益 Staffing 406.3 417.7

  30. Slide 30: Appendix: FY2024 Q2 Consolidated Adjusted EBITDA and Operating Income

    Appendix: FY2024 Q2 Consolidated Adjusted EBITDA and Operating Income FY2023 Q2 FY2024 Q2 (in billions of yen) Actual Actual YoY Operating income / 営業利益 116.1 141.8 +22.1% Other Operating Income and Expenses, Net 4.9 2.7 - / その他営業収益・費用 Non-GAAP Operating Income / Non-GAAP営業利益 121.0 144.6 +19.4% Depr

  31. Slide 31: Appendix: Number of shares

    Appendix: Number of shares (in millions of shares) As of As of Adjusted EBITDA & Adjusted EBITDA Margin As of March 31, 2024 June 30, 2024 September 30, 2024 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 held by Recruit Holdings

  32. Slide 32: 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

  33. Slide 33: 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

  34. Slide 34: 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

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