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Recruit Holdings to Sell Asian Placement Subsidiary RIR to Fullcast Holdings

Story Highlights
  • Recruit Holdings is selling RGF International Recruitment Holdings to Fullcast for 609 million yen.
  • The divestment aligns with Recruit’s AI-focused HR strategy in Japan and has minimal earnings impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Recruit Holdings to Sell Asian Placement Subsidiary RIR to Fullcast Holdings

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Recruit Holdings Co ( (JP:6098) ) has issued an announcement.

Recruit Holdings announced that its subsidiary Recruit Co., Ltd. will transfer all shares of its consolidated subsidiary RGF International Recruitment Holdings Limited, which operates placement services primarily in Asia, to Fullcast Holdings for 609 million yen, with the deal scheduled to close on April 1, 2026. The divestment reflects Recruit’s strategic decision to prioritize advancing AI- and machine learning–driven evolution of its placement services in Japan, while enabling RIR’s further growth through collaboration with an external partner, and the company expects the impact on its consolidated financial results for the year ending March 31, 2027 to be minimal.

The most recent analyst rating on (JP:6098) stock is a Buy with a Yen10248.00 price target. To see the full list of analyst forecasts on Recruit Holdings Co stock, see the JP:6098 Stock Forecast page.

More about Recruit Holdings Co

Recruit Holdings Co., Ltd. is a Japan-based human resources and recruitment services group that promotes its “Simplify Hiring” strategy through a portfolio of globally operated online job matching and hiring platforms, as well as staffing and placement services, with a primary focus on the Japanese market. The company aims to accelerate and improve matching between job seekers and corporate clients by leveraging accumulated HR data and expertise together with AI and machine learning technologies across its service lines.

Average Trading Volume: 4,766,459

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen13566.9B

See more insights into 6098 stock on TipRanks’ Stock Analysis page.

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