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Fullcast Holdings Co., Ltd. ( (JP:4848) ) has shared an update.
Fullcast Holdings will acquire all shares of RGF Talent Solutions Japan K.K. and Hong Kong-based RGF International Recruitment Holdings Limited from Recruit Co., Ltd., turning both into consolidated subsidiaries as part of its strategy to expand permanent placement and global human resource services. The deal brings into the group three established RGF brands spanning executive search, mid-level professional recruitment and placement of Japanese-affiliated company hires across Asia, which Fullcast expects to use as a second core business alongside its short-term staffing operations. By leveraging RGF’s Asia-wide network and cross-border recruitment expertise with Fullcast’s domestic client base and know-how in supporting foreign workers, the company aims to generate substantial cross-selling synergies, diversify its earnings base, accelerate overseas expansion and position itself as a comprehensive human resource support provider addressing structural labor shortages in Japan and rising competition for talent across Asia.
The most recent analyst rating on (JP:4848) stock is a Buy with a Yen1911.00 price target. To see the full list of analyst forecasts on Fullcast Holdings Co., Ltd. stock, see the JP:4848 Stock Forecast page.
More about Fullcast Holdings Co., Ltd.
Fullcast Holdings Co., Ltd., listed on the Tokyo Stock Exchange Prime Market, operates in Japan’s human resources and staffing industry, with a traditional focus on short-term staffing services. Under its medium-term management plan, the group has been expanding into higher value-added, long-term and permanent placement services, seeking to build a broader portfolio that includes specialized, global and permanent recruitment solutions for corporate clients in Japan and overseas.
Average Trading Volume: 108,103
Technical Sentiment Signal: Buy
Current Market Cap: Yen59.06B
See more data about 4848 stock on TipRanks’ Stock Analysis page.