Investors are buying Recruit Holdings Co., Ltd. in large numbers as the growth of its HR technology business, which uses AI for talent sourcing, drives its share price more than 166% higher over the past six months. Attention is focused on the company’s upcoming earnings and the expansion of its AI-related businesses.
Among the factors behind the rise in the first half, Recruit Holdings Co., Ltd.’s share price has surged more than 166% over the past six months as investment in AI in the United States and growth in the HR technology sector continue. The market has responded positively to the company’s development of new businesses and the expanding use of customer management software.
The company has sharply revised upward its net income forecast for the current fiscal year from the previous fiscal year, and a growing view holds that AI-powered talent sourcing and reductions in personnel expenses are contributing to earnings.
As AI-related stocks enter a rising phase, Recruit Holdings Co., Ltd.’s sharp rally is attracting attention as a new growth model. Meanwhile, trends in U.S. AI stocks and fluctuations in interest rates and foreign exchange are expected to remain a focus of the market as factors that could affect the share price.