Cash flow Recruit Holdings Co., Ltd.

Equities

6098

JP3970300004

Employment Services

Market Closed - Japan Exchange Other stock markets 07:30:00 18/07/2025 BST			5-day change	1st Jan Change
8,084.00 ^JPY	+0.42%		-1.63%	-27.47%

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Published financial data: RECRUIT HOLDINGS CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	2,269B	2,872B	3,430B	3,416B	3,557B
Total Revenues	2,269B	2,872B	3,430B	3,416B	3,557B
Cost of Goods Sold, Total	1,124B	1,222B	1,433B	1,452B	1,472B
Gross Profit	1,146B	1,650B	1,997B	1,965B	2,086B
Selling General & Admin Expenses, Total	868B	1,132B	1,603B	1,521B	1,559B
Depreciation & Amortization - (IS)	115B	119B	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	-14.39B	20.79B	-2.27B	-5.34B	1.8B
Other Operating Expenses, Total	969B	1,271B	1,601B	1,516B	1,560B
Operating Income	177B	379B	396B	449B	525B
Interest Expense, Total	-3.94B	-4.33B	-4.94B	-30.86B	-10.62B
Interest And Investment Income	2.9B	2.8B	25.38B	40B	31.27B
Net Interest Expenses	-1.05B	-1.53B	20.45B	9.14B	20.65B
Income (Loss) On Equity Invest.	6.47B	5.35B	3.01B	-1.36B	-8.81B
Currency Exchange Gains (Loss)	-	-	-	14.47B	22.68B
Other Non Operating Income (Expenses)	-	-1M	-	1.46B	2.08B
EBT, Excl. Unusual Items	182B	383B	419B	472B	562B
Restructuring Charges	-2.78B	-	-17.9B	-6.72B	-16.3B
Impairment of Goodwill	-	-	-4.42B	-7.6B	-
Gain (Loss) On Sale Of Investments	-3.08B	-	-	-	-
Gain (Loss) On Sale Of Assets	-1.38B	-	-	-	-
Asset Writedown	-6.69B	-	-29.28B	-31.68B	-18.34B
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	169B	383B	368B	426B	527B
Income Tax Expense	36.81B	85.03B	96.1B	71.64B	119B
Earnings From Continuing Operations	132B	298B	272B	355B	408B
Net Income to Company	132B	298B	272B	355B	408B
Minority Interest	-296M	-889M	-1.87B	-942M	344M
Net Income - (IS)	131B	297B	270B	354B	409B
Net Income to Common Incl Extra Items	131B	297B	270B	354B	409B
Net Income to Common Excl. Extra Items	131B	297B	270B	354B	409B
Per Share Items
Net EPS - Basic	79.83	181.68	168.59	225.98	271.44
Basic EPS - Continuing Operations	79.83	181.68	168.59	225.98	271.44
Basic Weighted Average Shares Outstanding	1.65B	1.63B	1.6B	1.56B	1.5B
Net EPS - Diluted	79.7	180.83	167.44	222.9	268.32
Diluted EPS - Continuing Operations	79.7	180.83	167.44	222.9	268.32
Diluted Weighted Average Shares Outstanding	1.65B	1.64B	1.61B	1.59B	1.52B
Normalized Basic EPS	69.09	145.87	162.61	188	233.54
Normalized Diluted EPS	68.98	145.19	161.51	185.43	230.85
Dividend Per Share	20	21	22	23	24
Payout Ratio	30.76	11.56	12.84	10	8.73
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	297B	502B	435B	484B	557B
EBITA	177B	379B	413B	465B	542B
EBIT	177B	379B	396B	449B	525B
EBITDAR	316B	523B	465B	513B	589B
Effective Tax Rate - (Ratio)	21.85	22.21	26.13	16.81	22.57
Total Current Taxes	-	-	144B	104B	142B
Total Deferred Taxes	-	-	-48.19B	-32.19B	-22.53B
Normalized Net Income	114B	238B	260B	294B	351B
Interest on Long-Term Debt	-	-	3.66B	4.52B	4.77B
Non-Cash Pension Expense	59.22B	67.91B	-	-	-
Supplemental Operating Expense Items
Advertising Expense	184B	289B	344B	289B	317B
Selling and Marketing Expenses	212B	321B	344B	289B	317B
Research And Development Expense From Footnotes	74.4B	85B	169B	155B	168B
Net Rental Expense, Total	18.65B	20.59B	29.98B	29.48B	31.61B
Imputed Operating Lease Interest Expense	1.42B	2.07B	4.5B	30.58B	12.5B
Imputed Operating Lease Depreciation	17.23B	18.52B	25.48B	-1.09B	19.12B
Stock-Based Comp., SG&A Exp. (Total)	-	-	72.71B	79.37B	80.43B
Stock-Based Comp., Other (Total)	-	-	-	2M	1M
Total Stock-Based Compensation	-	-	72.71B	79.37B	80.43B

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	501B	670B	877B	1,137B	809B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	501B	670B	877B	1,137B	809B
Accounts Receivable, Total	342B	468B	455B	454B	456B
Other Receivables	-	-	72.85B	95.44B	109B
Total Receivables	342B	468B	528B	550B	565B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	84.22B	44.46B	60.41B	76.07B	96.68B
Total Current Assets	928B	1,182B	1,465B	1,763B	1,470B
Gross Property Plant And Equipment	-	-	388B	376B	362B
Accumulated Depreciation	-	-	-132B	-139B	-152B
Net Property Plant And Equipment	365B	261B	256B	237B	209B
Long-term Investments	260B	274B	26.97B	26.84B	17.48B
Goodwill	399B	436B	463B	511B	508B
Other Intangibles, Total	207B	194B	188B	185B	175B
Deferred Tax Assets Long-Term	38.35B	76.68B	161B	203B	217B
Other Long-Term Assets, Total	4M	3M	233B	219B	175B
Total Assets	2,197B	2,424B	2,793B	3,145B	2,772B
Liabilities
Accounts Payable, Total	244B	284B	74.16B	76.54B	83.66B
Accrued Expenses, Total	-	-	230B	231B	241B
Current Portion of Long-Term Debt	54.67B	26.24B	33.84B	374M	-
Current Portion of Leases	36.42B	38.43B	41.17B	44.25B	44.45B
Current Income Taxes Payable	20.66B	38.04B	70.12B	37.68B	53.24B
Other Current Liabilities	248B	309B	333B	369B	380B
Total Current Liabilities	603B	696B	783B	759B	802B
Long-Term Debt	58.11B	34.4B	1.43B	1.02B	1.01B
Long-Term Leases	269B	172B	179B	175B	163B
Pension & Other Post Retirement Benefits	57.04B	59.99B	61.24B	64.94B	63.41B
Deferred Tax Liability Non Current	71.84B	62.59B	108B	112B	90.46B
Other Non Current Liabilities	36.6B	22.32B	20.75B	23.81B	24.35B
Total Liabilities	1,095B	1,047B	1,152B	1,136B	1,145B
Common Stock, Total	40B	40B	40B	40B	40B
Additional Paid In Capital	17.42B	20.64B	33.75B	-	-
Retained Earnings	1,202B	1,465B	1,711B	1,884B	1,606B
Treasury Stock	-180B	-298B	-433B	-407B	-515B
Comprehensive Income and Other	12.72B	137B	275B	484B	487B
Total Common Equity	1,092B	1,364B	1,627B	2,001B	1,618B
Minority Interest	9.72B	12.52B	13.94B	7.98B	9.78B
Total Equity	1,101B	1,376B	1,641B	2,009B	1,627B
Total Liabilities And Equity	2,197B	2,424B	2,793B	3,145B	2,772B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.65B	1.64B	1.58B	1.54B	1.47B
ECS Total Common Shares Outstanding	1.63B	1.61B	1.58B	1.54B	1.47B
Book Value / Share	667.96	847.45	1.03K	1.3K	1.1K
Tangible Book Value	485B	734B	976B	1,305B	934B
Tangible Book Value Per Share	297.04	455.88	618.32	844.9	637.12
Total Debt	418B	271B	255B	221B	209B
Net Debt	-83.28B	-398B	-622B	-916B	-600B
Debt Equivalent of Unfunded Proj. Benefit Obligation	57.04B	60B	61.24B	64.94B	63.41B
Debt Equivalent Oper. Leases	149B	165B	240B	236B	253B
Minority Interest, Total (Incl. Fin. Div)	9.72B	12.52B	13.94B	7.98B	9.78B
Equity Method Investments, Total	72.37B	86.92B	26.97B	26.84B	17.48B
Account Code - Inventory Valuation	-	-	3	3	3
Buildings, Total	-	-	112B	128B	129B
Machinery, Total	-	-	77.35B	73.74B	74.2B
Full Time Employees	46.8K	51.76K	58.49K	51.37K	49.48K
Accumulated Allowance for Doubtful Accounts (Supple)	9.58B	11.47B	11.81B	10.13B	9.48B

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	169B	383B	270B	354B	409B
Depreciation & Amortization - CF	120B	123B	65.5B	60.55B	52.79B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	17.3B	16.51B	17.06B
Depreciation & Amortization, Total	120B	123B	82.8B	77.06B	69.85B
Amortization of Deferred Charges, Total - (CF)	-	-	39.24B	40.42B	39.39B
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	-	-	72.71B	79.37B	80.43B
Other Operating Activities, Total	-39.25B	-125B	1.26B	-20.49B	9.01B
Change In Accounts Receivable	-2.53B	-75.03B	-43.12B	10.46B	-15.78B
Change In Accounts Payable	19.18B	33.9B	57.57B	-5.11B	18.96B
Change in Other Net Operating Assets	20.7B	99.62B	-42.07B	-	-
Cash from Operations	287B	440B	438B	535B	610B
Capital Expenditure	-14.02B	-13.13B	-22.02B	-11.14B	-7.95B
Sale of Property, Plant, and Equipment	20.21B	97M	-	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-44.3B	-51.25B	-54.73B	-58.79B	-57.31B
Investment in Marketable and Equity Securities, Total	-	-	39.53B	-	10.35B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	-2.27B	-6.45B	4.55B	1.14B	-6.14B
Cash from Investing	-40.37B	-70.74B	-32.68B	-68.79B	-61.05B
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-24.96B	-54.96B	-70.28B	-79.71B	-44.55B
Total Debt Repaid	-24.96B	-54.96B	-70.28B	-79.71B	-44.55B
Repurchase of Common Stock	-70.67B	-125B	-152B	-219B	-824B
Common Dividends Paid	-	-	-34.64B	-35.37B	-35.64B
Common & Preferred Stock Dividends Paid	-40.41B	-34.32B	-	-	-
Common & Preferred Stock Dividends Paid	-40.41B	-34.32B	-34.64B	-35.37B	-35.64B
Other Financing Activities, Total	-36.68B	-40.53B	5.31B	-632M	24.18B
Cash from Financing	-173B	-254B	-252B	-335B	-880B
Foreign Exchange Rate Adjustments	6.28B	54.01B	54.36B	128B	2.94B
Miscellaneous Cash Flow Adjustments	-1M	-	-1M	-	-
Net Change in Cash	79.79B	169B	208B	259B	-328B
Supplemental Items
Cash Interest Paid	3.56B	3.73B	4.09B	5.36B	5.36B
Cash Income Tax Paid (Refund)	38.12B	123B	109B	150B	114B
Levered Free Cash Flow	208B	326B	364B	357B	454B
Unlevered Free Cash Flow	211B	328B	367B	376B	460B
Change In Net Working Capital	-38.61B	-32.82B	-1.36B	31.42B	-7.61B
Net Debt Issued / Repaid	-24.96B	-54.96B	-70.28B	-79.71B	-44.55B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.27	10.25	9.49	9.44	11.1
Return on Total Capital	7.57	14.96	13.97	13.59	16.14
Return On Equity %	12.56	24.03	18.01	19.43	22.45
Return on Common Equity	12.63	24.18	18.04	19.5	22.58
Margin Analysis
Gross Profit Margin %	50.49	57.46	58.23	57.5	58.63
SG&A Margin	38.23	39.41	46.75	44.53	43.81
EBITDA Margin %	13.09	17.48	12.69	14.17	15.66
EBITA Margin %	7.8	13.2	12.05	13.61	15.24
EBIT Margin %	7.8	13.2	11.54	13.13	14.76
Income From Continuing Operations Margin %	5.8	10.37	7.92	10.38	11.47
Net Income Margin %	5.79	10.34	7.87	10.35	11.48
Net Avail. For Common Margin %	5.79	10.34	7.87	10.35	11.48
Normalized Net Income Margin	5.01	8.3	7.59	8.61	9.88
Levered Free Cash Flow Margin	9.19	11.34	10.61	10.44	12.75
Unlevered Free Cash Flow Margin	9.29	11.44	10.7	11	12.94
Asset Turnover
Asset Turnover	1.08	1.24	1.31	1.15	1.2
Fixed Assets Turnover	6.34	9.18	13.28	13.86	15.94
Receivables Turnover (Average Receivables)	6.78	7.09	7.82	7.52	7.81
Short Term Liquidity
Current Ratio	1.54	1.7	1.87	2.32	1.83
Quick Ratio	1.4	1.64	1.79	2.22	1.71
Operating Cash Flow to Current Liabilities	0.48	0.63	0.56	0.71	0.76
Days Sales Outstanding (Average Receivables)	53.87	51.49	46.67	48.69	46.72
Average Days Payable Outstanding	75.19	78.84	18.02	18.99	19.86
Long Term Solvency
Total Debt/Equity	37.93	19.72	15.54	11.01	12.84
Total Debt / Total Capital	27.5	16.47	13.45	9.92	11.38
LT Debt/Equity	29.66	15.02	10.97	8.79	10.11
Long-Term Debt / Total Capital	21.51	12.55	9.49	7.92	8.96
Total Liabilities / Total Assets	49.86	43.21	41.25	36.12	41.3
EBIT / Interest Expense	44.88	87.59	80.21	14.53	49.43
EBITDA / Interest Expense	75.3	116.07	96.98	17.03	56
(EBITDA - Capex) / Interest Expense	71.75	113.03	92.52	16.67	55.25
Total Debt / EBITDA	1.41	0.54	0.53	0.42	0.35
Net Debt / EBITDA	-0.28	-0.79	-1.3	-1.74	-1.01
Total Debt / (EBITDA - Capex)	1.48	0.56	0.56	0.43	0.36
Net Debt / (EBITDA - Capex)	-0.29	-0.81	-1.36	-1.78	-1.02
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-5.42	26.54	19.42	-0.38	4.13
Gross Profit, 1 Yr. Growth %	-11.41	44.02	21.02	-1.62	6.16
EBITDA, 1 Yr. Growth %	-18.4	69.06	-0.11	11.16	15.15
EBITA, 1 Yr. Growth %	-28.68	114.07	-0.46	12.54	16.6
EBIT, 1 Yr. Growth %	-28.68	114.07	-0.44	13.29	17.09
Earnings From Cont. Operations, 1 Yr. Growth %	-27.34	126.08	-8.75	30.52	15.11
Net Income, 1 Yr. Growth %	-26.96	125.91	-9.11	31.08	15.51
Normalized Net Income, 1 Yr. Growth %	-28.31	109.57	4.08	13.05	19.46
Diluted EPS Before Extra, 1 Yr. Growth %	-26.25	126.89	-7.4	33.12	20.38
Accounts Receivable, 1 Yr. Growth %	4.47	36.75	7.65	-0.07	0.41
Net Property, Plant and Equip., 1 Yr. Growth %	4.15	-28.59	-1.76	-7.48	-11.57
Total Assets, 1 Yr. Growth %	9.89	10.33	15.26	12.58	-11.84
Tangible Book Value, 1 Yr. Growth %	24.82	51.13	33.09	33.66	-28.4
Common Equity, 1 Yr. Growth %	10.43	24.94	19.3	22.98	-19.16
Cash From Operations, 1 Yr. Growth %	-5.51	53.39	-0.32	22.17	14.01
Capital Expenditures, 1 Yr. Growth %	-59.56	-6.29	67.71	-49.43	-28.61
Levered Free Cash Flow, 1 Yr. Growth %	25.63	56.26	-1.67	-1.97	27.23
Unlevered Free Cash Flow, 1 Yr. Growth %	25.55	55.71	-1.55	2.46	22.47
Dividend Per Share, 1 Yr. Growth %	-33.33	5	4.76	4.55	4.35
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.9	9.4	22.93	9.07	1.85
Gross Profit, 2 Yr. CAGR %	-1.01	12.96	32.02	9.12	2.2
EBITDA, 2 Yr. CAGR %	0.54	17.45	34.17	5.37	13.14
EBITA, 2 Yr. CAGR %	-10.84	23.56	59.3	5.84	14.56
EBIT, 2 Yr. CAGR %	-10.84	23.56	55.93	6.2	15.18
Earnings From Cont. Operations, 2 Yr. CAGR %	-13.35	28.16	43.63	9.13	22.57
Net Income, 2 Yr. CAGR %	-13.17	28.46	43.3	9.15	23.05
Normalized Net Income, 2 Yr. CAGR %	-12.5	22.57	57.54	8.47	16.21
Diluted EPS Before Extra, 2 Yr. CAGR %	-12.51	29.35	44.94	11.02	26.59
Accounts Receivable, 2 Yr. CAGR %	0.29	19.52	15.26	3.72	0.17
Net Property, Plant and Equip., 2 Yr. CAGR %	121.24	-13.76	-16.24	-4.66	-9.55
Total Assets, 2 Yr. CAGR %	12.07	10.11	12.77	13.91	-0.38
Tangible Book Value, 2 Yr. CAGR %	24.62	37.35	41.83	33.38	-2.17
Common Equity, 2 Yr. CAGR %	6.31	17.46	22.09	21.13	-0.29
Cash From Operations, 2 Yr. CAGR %	1.72	20.39	23.65	10.35	18.02
Capital Expenditures, 2 Yr. CAGR %	-29.85	-38.44	25.36	-7.91	-39.92
Levered Free Cash Flow, 2 Yr. CAGR %	14.73	40.11	34.99	-1.82	11.68
Unlevered Free Cash Flow, 2 Yr. CAGR %	15.32	39.82	34.73	0.43	12.02
Dividend Per Share, 2 Yr. CAGR %	-15.48	-16.33	4.88	4.65	4.45
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.45	7.51	12.64	14.61	7.4
Gross Profit, 3 Yr. CAGR %	4.14	12.17	15.58	19.69	8.12
EBITDA, 3 Yr. CAGR %	4.91	19.56	15.39	26.01	8.54
EBITA, 3 Yr. CAGR %	-3.32	19.39	26.11	41.88	9.31
EBIT, 3 Yr. CAGR %	-3.32	19.39	24.33	40.18	9.71
Earnings From Cont. Operations, 3 Yr. CAGR %	-4.74	19.29	14.44	39.12	11.09
Net Income, 3 Yr. CAGR %	-4.67	19.42	14.47	39.1	11.23
Normalized Net Income, 3 Yr. CAGR %	-3.46	17.07	25.3	41.04	12.02
Diluted EPS Before Extra, 3 Yr. CAGR %	-4.18	20.21	15.71	40.89	14.06
Accounts Receivable, 3 Yr. CAGR %	1.94	11.21	11.55	9.91	2.6
Net Property, Plant and Equip., 3 Yr. CAGR %	85.46	51.76	-9.93	-13.42	-7.02
Total Assets, 3 Yr. CAGR %	11.75	11.49	11.8	12.7	4.58
Tangible Book Value, 3 Yr. CAGR %	18.27	32.9	35.91	39.05	8.4
Common Equity, 3 Yr. CAGR %	9.32	12.19	18.07	22.38	5.85
Cash From Operations, 3 Yr. CAGR %	13.87	16.65	13.05	23.16	11.56
Capital Expenditures, 3 Yr. CAGR %	-11.17	-22.74	-14.02	-7.38	-15.4
Levered Free Cash Flow, 3 Yr. CAGR %	2.1	27.17	37.61	21.34	7.04
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.5	27.46	37.33	22.98	7.3
Dividend Per Share, 3 Yr. CAGR %	-4.55	-9.14	-9.82	4.77	4.55
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.39	9.31	9.55	8.13	8.19
Gross Profit, 5 Yr. CAGR %	8.66	13.9	14.51	10.94	10.03
EBITDA, 5 Yr. CAGR %	7.99	16.81	11.45	10.38	14.49
EBITA, 5 Yr. CAGR %	1.79	15.96	16.59	15.7	21.36
EBIT, 5 Yr. CAGR %	9.19	24.4	15.6	14.87	20.58
Earnings From Cont. Operations, 5 Yr. CAGR %	15.15	28.17	12.27	15.12	17.63
Net Income, 5 Yr. CAGR %	15.28	28.29	12.21	15.2	17.83
Normalized Net Income, 5 Yr. CAGR %	8.96	23.88	16.01	14.49	21.59
Diluted EPS Before Extra, 5 Yr. CAGR %	15.94	28.93	13.07	16.45	19.95
Accounts Receivable, 5 Yr. CAGR %	9.44	9.25	7.07	5.96	6.85
Net Property, Plant and Equip., 5 Yr. CAGR %	62.28	43.92	34.95	26.01	-9.78
Total Assets, 5 Yr. CAGR %	13.8	10.83	12.16	12.45	6.76
Tangible Book Value, 5 Yr. CAGR %	3.39	24.08	27.18	33.09	19.16
Common Equity, 5 Yr. CAGR %	7.16	12.03	14.26	15.68	10.35
Cash From Operations, 5 Yr. CAGR %	12.02	25.33	17.68	14.09	15.01
Capital Expenditures, 5 Yr. CAGR %	1.47	-6.66	1.95	-17.12	-25.51
Levered Free Cash Flow, 5 Yr. CAGR %	10.45	28.45	13.56	17.47	26.59
Unlevered Free Cash Flow, 5 Yr. CAGR %	10.61	28.51	13.67	18.68	26.58
Dividend Per Share, 5 Yr. CAGR %	3.71	-0.62	-0.89	-3.86	-4.36