Recruit Holdings Co Ltd Q3 2025 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Minami Munakata - Goldman Sachs - Analyst : This is Munakata from Goldman Sachs. Can you hear me all right?

Question: Minami Munakata - Goldman Sachs - Analyst : I have two questions and I'm going to ask the questions altogether. First is about the HR Tech business. In the US market, monetization-related efforts have made progress and unit price growth rate increased the volume growth rate. And I believe the trend continues to be the same from Q2, but I would like you to give us some more color on it. For example, as you talked about in the previous conference call, urgent hiring matching candidates, are those functioning or are there other factors? If possible, can you please talk about the change in how the volume and the unit price movements differ from that in Q2. And my second question is your management structure from April. I have taken a look at your release, so Arai-san is going to become a CFO and a Senior Executive Officer, congratulations. So Arai-san is going to become the CFO of the company. When it comes to strategy, decision-making, the speed, and relationship with the capital market, will there be any changes in that regard? I would appreciate any information available at the moment. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 12, 2025 / 7:30AM, 6098.T - Q3 2025 Recruit Holdings Co Ltd Earnings Call