Recruit Holdings Co Adr (RCRUY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Recruit Holdings Q3 FY2024 Earnings Conference Call. This call is a simultaneous translation of the original call in Japanese and translation is provided for the convenience of capital markets participants only. I am Mizuho from IR and PR and joining me today is Junichi Arai, Senior Vice President, Corporate Strategy and Investor Relations of Recruit Holdings. The Q3 financial results presentation video and transcript were uploaded to the IR website at 3.30pm today. Today, we will start with Jun's opening remarks, followed by a Q&A session. Now I pass the call to Jun. Please go ahead. Hello, everyone. Thank you very much for your time today. Before I take your questions, I would like to summarize the financial results presentation that we released today. Among the four highlights discussed in the presentation, the first one is the consolidated results for Q3. As you're aware, starting next fiscal year, HR solutions in matching and solutions is scheduled to be shifted to HR technology. In advance of that, we have been moving the job advertising service within HR Solutions to Indeed Plus since the end of January last year. As a result, revenue in matching and solutions overall decreased. However, revenue in HR technology and in Japan staffing increased, and consolidated revenue increased 3.5% to 896.9 billion yen. We would greatly appreciate it if you could revise your financial and valuation models in preparation for the segment changes taking effect next fiscal year. The second highlight is the revised full year guidance for the fiscal year. Based on the results for Q3, we have now revised it to a single figure. at the upper end of the range of the revised guidance from November. Third is regarding the results of HR technology. U.S. revenue for Q3 on a...