Recruit Holdings' share price has surged by more than 166% over the past six months. Expectations for growth in its HR tech business, which is advancing the use of AI, and the announcement of an upward earnings revision have attracted attention as catalysts for buying.
Recruit Holdings (6098) has seen its share price rise sharply by more than 166% in six months. Reports indicate that buying of the company's stock has surged.
As interest in AI-focused stocks rises in Japan in line with earnings at US AI-related companies and trends in AI investment, Recruit's advance is being cited as particularly noteworthy.
The company reportedly revised its net income for the current fiscal year sharply upward in early August compared with the previous fiscal year, and the effects of using AI to identify talent and improve operational efficiency are being positively assessed.
Amid a tug-of-war between the revival of AI stocks and the impact of external factors in the broader market, attention is increasingly focusing on Recruit's outlook.