Recruit's Indeed and Glassdoor platforms make it the dominant global job board duopoly, with HR-Tech SaaS (HR Cloud) the growth vector. The Japan staffing business is a stable cash machine benefiting from structural labour shortages. AI-driven matching on Indeed is the clearest near-term monetisation lever. Global labour market recovery from tech sector corrections supports a resumption of job-ad volume growth.
Thesis reviewed May 29, 2026
Recruit Holdings Co., Ltd. is headquartered in Japan, which is currently showing moderate signals.
🇯🇵Japan64NEUTRALView Japan risk detail →💻Technology24WATCH| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| BABA | Alibaba Group Holding Ltd | 29 | +17% | ↓8% | EARLY |
| NTES | NetEase Inc | 29 | +10% | ↓8% | EARLY |
| SAP | SAP SE | 29 | +8% | ↓8% | EARLY |
| PSO | Pearson PLC | 29 | +10% | ↓8% | NEUTRAL |
| ACN | Accenture plc | 29 | +7% | ↓8% | NEUTRAL |
| WIT | Wipro Ltd | 29 | +6% | ↓8% | NEUTRAL |
| SONY | Sony Group Corporation | 29 | +13% | ↓8% | EARLY |
Investors who hold 6098.T may also have indirect exposure through these country funds.
Indeed launches AI job-matching product; employer conversion rates +25%
HR-Tech SaaS ARR crosses ¥200B; renewal rates at 92%
US labour market stabilises; job postings on Indeed up 8% MoM
Estimates · Yahoo Finance · Not audited figures