Semi-Annual Report — FY2025 H1

During the interim consolidated accounting period, the HR business made progress in rebuilding its marketing initiatives, and leading KPIs such as applications and interview conversion rates recovered to normalized levels. At the same time, the company stated that there is a time lag before this translates into revenue, indicating that it is laying the foundation for an earnings recovery. In the investment business, きゅういち株式会社 recorded an inventory valuation loss on scallops but remained profitable, while マルヒロ太田食品株式会社 returned to profitability as a result of increased participation in department-store events. The investment segment as a whole therefore remained profitable.