RCRUY - Recruit Holdings Co. Ltd. (RCRRF) Q3 2024 Earnings Call Transcript
2024-02-09 10:32:03 ET
Recruit Holdings Co., Ltd. (RCRRF)
Q3 2024 Earnings Conference Call
February 9, 2024 02:00 AM ET
Company Participants
Mizuho Shen - Group Manager, Investor Relations & Public Relations
Junichi Arai - Executive Officer, Corporate Planning
Conference Call Participants
Haruka Mori - JPMorgan
Minami Munakata - Goldman Sachs
Junko Yamamura - Citigroup Securities
Yoshitaka Nagao - BofA Securities
Shinji Tanioka - Macquarie Securities
Presentation
Mizuho Shen
Thank you very much. Welcome to Recruit Holdings Company Limited Q3 FY 2023 Earnings Conference Call. This call is the simultaneous translation of the original call in Japanese, and translation is provided for the convenience of investor only. I am Mizuho from IR and PR, and joining me today is Junichi Arai, Senior Vice President in Corporate Strategy Investor Relations of Recruit Holdings.
Junichi Arai
Thank you all for joining today. Earlier at 3:00 p.m., we disclosed our FY 2023 Q3 financial results Q4 outlook and full year guidance. Many of you may have already watched the video presentation of the financial results, but I would like to give you a brief summary.
Although, we have assumed a decrease in consolidated revenue and adjusted EBITDA for the full year, due to the deteriorating business environment and uncertainty in the future during the fiscal year. Today, we disclosed that, consolidated revenue is expected to be approximately flat year-over-year at ¥3.4 trillion and consolidated adjusted EBITDA is expected to be ¥585 billion due to a significant increase in adjusted EBITDA margin in Matching & Solutions, and a margin increase in HR Technology, resulting from cost controls throughout the fiscal year....
Recruit Holdings Co., Ltd. (RCRRF) Q3 2024 Earnings Call Transcript