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Financial results presentation4848FULLCAST HOLDINGS CO.,LTD.Information and Communications, Services and Others

Financial Results Presentation for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026

In the first half of the fiscal year ending December 2026, revenue increased substantially due in part to the addition of consolidated subsidiaries through M&A. However, operating profit, ordinary profit and interim net income were below the year-earlier levels and fell short of the company's first-half plan on a profit basis. The full-year forecast was left unchanged, while the company resolved to pay an interim dividend of ¥32 per share and repurchase up to ¥500 million of its own shares.

Worth reading
68In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-58
¥ millions (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationSecond quarter (interim period) of the fiscal year ending December 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥50,051 million+44.0%
Operating profit¥4,147 million-1.4%
Ordinary income¥4,069 million-4.5%
Net income¥2,730 million-3.9%
Selling, general and administrative expenses¥12,506 million
Gross Profit Margin33.3% (year-on-year change: Not disclosed)
Operating profit margin8.3% (down 3.8 percentage points year on year)
Full-year earnings forecast
Net Sales
¥104,700 million
Gross profit
¥38,352 million
Operating profit
¥8,700 million
Ordinary income
¥8,780 million
Profit attributable to owners of the parent
¥5,431 million
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Consolidated
Net Sales47.8%
Gross profit43.4%
Operating profit47.7%
Ordinary income46.3%
Interim net income attributable to owners of the parent50.3%
Segment revenue
Short-term business support46.0%
Food and Beverage Business46.8%
HR technology45.2%
Global and long-term business support21.2%
Other Businesses106.4%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue exceeded the interim forecast, while operating profit, ordinary profit and interim net income attributable to owners of the parent fell below the interim forecast in terms of achievement rates
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The company stated that consolidated progress is within the assumptions made at the beginning of the fiscal year, but specific figures for foreign exchange rates, volume and other factors are not disclosed
New initiatives
  • Absorption-type merger of subsidiaries in the short-term workforce solutions business, business integration, consolidation of locations and store closures
  • Launch of recruitment services in Japan and overseas for global and high-caliber talent
  • Creation of group synergies through reciprocal customer referrals with Entry
  • Additional store openings and renovations in the Food and Beverage Business
  • Acquisition and consolidation of RGF Talent Solutions and other companies, and post-merger integration
  • Formulation of an AI strategy and roadmap for AI feature development
  • Promotion of the new-graduate recruitment project
Key KPIsA metric the company considers important as a management benchmark.
  • Number of hires350,005 people
    Year on year against the same period last year-7.2%
  • Number of active workers220,840 people
    Year on year against the same period last year+28.1%
  • Number of customers33,369 companies or transactions no unit specified in the materials
    Year on year against the same period last year+9.0%
  • Number of new business customers3,353 companies or transactions no unit specified in the materials
    Year on year against the same period last year-3.5%
  • Recruitment advertising costs¥431 million
    Year on year against the same period last year+129.0%
  • Recruitment advertising costs as a percentage of gross profit5.86 %
    Year on year against the same period last year+1.98 percentage points
Segment results
  • Short-term business support
    Net Sales¥37,140 million (YoY +47.7%)
    Operating profit¥3,769 million (YoY +7.0%)
  • Foodservice Business
    Net Sales¥3,907 million (YoY +10.6%)
    Operating profit¥248 million (YoY +3.8%)
  • HR technology
    Net Sales¥2,194 million (YoY +28.3%)
    Operating profit¥603 million (YoY -10.3%)
  • Global and long-term business support
    Net Sales¥1,145 million (YoY +5,334.2%)
    Operating profit¥101 million (YoY +102.0%)
  • Other Businesses
    Net Sales¥5,666 million (YoY +30.4%)
    Operating profit¥291 million (YoY -48.4%)
Financial targets
ROE of at least 20%, total payout ratio of 50%, and a maximum DE ratio of 1.0x
Number of stores and locations
Additional store openings and renovations are disclosed, but the number of stores at period-end and the number of openings and closures during the period are not disclosed
Annual Dividend
Forecast annual dividend of ¥64 per share (¥32 interim and ¥32 year-end)
Acquisition of treasury shares
Number of shares acquired422,000 shares (maximum)
Acquisition price¥500 million (maximum)
Period10 August 2026–17 September 2026
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending December 2026
Net Sales¥50,051 million (YoY +44.0%)
Operating profit¥4,147 million (YoY -1.4%)
Ordinary income¥4,069 million (YoY -4.5%)
Net income¥2,730 million (YoY -3.9%)
Gross Profit Margin33.3% (year-on-year change: Not disclosed)
Operating profit margin8.3% (down 3.8 percentage points year on year)
Selling, general and administrative expenses¥12,506 million
Full-year earnings forecastNet Sales ¥104,700 million / Gross profit ¥38,352 million / Operating profit ¥8,700 million / Ordinary income ¥8,780 million / Profit attributable to owners of the parent ¥5,431 million
Progress against full-year forecastConsolidated Net Sales 47.8% / Gross profit 43.4% / Operating profit 47.7% / Ordinary income 46.3% / Interim net income attributable to owners of the parent 50.3% / Segment revenue Short-term business support 46.0% / Food and Beverage Business 46.8% / HR technology 45.2% / Global and long-term business support 21.2% / Other Businesses 106.4%
Self-assessment against the planRevenue exceeded the interim forecast, while operating profit, ordinary profit and interim net income attributable to owners of the parent fell below the interim forecast in terms of achievement rates
Segment resultsSegment Short-term business support / Net Sales ¥37,140 million (YoY +47.7%) / Operating profit ¥3,769 million (YoY +7.0%), Segment Foodservice Business / Net Sales ¥3,907 million (YoY +10.6%) / Operating profit ¥248 million (YoY +3.8%), Segment HR technology / Net Sales ¥2,194 million (YoY +28.3%) / Operating profit ¥603 million (YoY -10.3%), Segment Global and long-term business support / Net Sales ¥1,145 million (YoY +5,334.2%) / Operating profit ¥101 million (YoY +102.0%), Segment Other Businesses / Net Sales ¥5,666 million (YoY +30.4%) / Operating profit ¥291 million (YoY -48.4%)
Key KPIsIndicator name Number of hires / Value 350,005 people / Year on year against the same period last year -7.2 people, Indicator name Number of active workers / Value 220,840 people / Year on year against the same period last year 28.1 people, Indicator name Number of customers / Value 33,369 companies or transactions (no unit specified in the materials) / Year on year against the same period last year 9 companies or transactions (no unit specified in the materials), Indicator name Number of new business customers / Value 3,353 companies or transactions (no unit specified in the materials) / Year on year against the same period last year -3.5 companies or transactions (no unit specified in the materials), Indicator name Recruitment advertising costs / Value ¥431 million / Year on year against the same period last year ¥129 million, Indicator name Recruitment advertising costs as a percentage of gross profit / Value 5.86 % / Year on year against the same period last year +1.98 percentage points
Number of stores and locationsAdditional store openings and renovations are disclosed, but the number of stores at period-end and the number of openings and closures during the period are not disclosed
Assumptions Underlying the Business OutlookThe company stated that consolidated progress is within the assumptions made at the beginning of the fiscal year, but specific figures for foreign exchange rates, volume and other factors are not disclosed
Financial targetsROE of at least 20%, total payout ratio of 50%, and a maximum DE ratio of 1.0x
Annual DividendForecast annual dividend of ¥64 per share (¥32 interim and ¥32 year-end)
Acquisition of treasury sharesNumber of shares acquired 422,000 shares (maximum) / Acquisition price ¥500 million (maximum) / Period 10 August 2026–17 September 2026
New initiativesAbsorption-type merger of subsidiaries in the short-term workforce solutions business, business integration, consolidation of locations and store closures, Launch of recruitment services in Japan and overseas for global and high-caliber talent, Creation of group synergies through reciprocal customer referrals with Entry, Additional store openings and renovations in the Food and Beverage Business, Acquisition and consolidation of RGF Talent Solutions and other companies, and post-merger integration, Formulation of an AI strategy and roadmap for AI feature development, Promotion of the new-graduate recruitment project
Items this document does not state (11)
Results for the three months of the current quarterBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The increase in revenue was attributable to the impact of newly consolidated companies, including Entry, BEAT and RGF Talent Solutions, as well as growth in existing services in the short-term workforce solutions business. The decline in operating profit was due mainly to lower profits in the Other Business and HR Tech Business. The shortfall in profit against the first-half plan was primarily due to performance in the short-term workforce solutions business and HR Tech Business falling below plan.

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Financial Results Presentation for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 | FULLCAST HOLDINGS CO.,LTD. (4848) timely disclosure | Komori