Recruit Co., Ltd. is a classified advertisement, publication and human resources

Human resources

Human resources is a term used to describe the individuals who make up the workforce of an organization, although it is also applied in labor economics to, for example, business sectors or even whole nations...

 company in Japan

Japan

Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

, founded in 1963 originally as an advertisement company specialized in university newspapers.

Overview

The company based its core business around job matchmaking particularly between ready-to-graduate students and corporates in the 60s, further expanding into matchmaking of job change seekers, as well as real estate and rental information in the 1970s. By the end of the 1980s, the company was also engaged in the publication of classified ad magazines covering fields such as part-time job listings, automobile and overseas travel.

In 1988, the company was reported to be engaged in the so-called Recruit scandal

Recruit scandal

The was an insider trading and corruption scandal that forced many prominent Japanese politicians to resign in 1988.Recruit is a human resources and classifieds company based in Tokyo. Its chairman, Hiromasa Ezoe, offered a number of shares in a Recruit subsidiary, Cosmos, to business leaders and...

, which led to the retirement of founder Hiromasa Ezoe from the company and his share being sold to Daiei

Daiei

, based in Kobe, is one of the largest supermarket chains in Japan. In 1957, Isao Nakauchi founded the chain in Osaka near Sembayashi Station on the Keihan train line. Daiei is now under a restructuring process supported by Marubeni Corporation and ÆON Co., Ltd., another Japanese supermarket chain....

, from which it became independent in 2000.

While expanding its channel for distribution information from paper publication to the net and mobile, the company has been pushing for a shift of their revenue from advertisement to "real" human resource provisioning. As a result, its share of consolidated revenue from human resource related business in fiscal ending 2008 has grown to 44.9% from 24.2% in 2005.

The company is currently headquartered in Marunouchi, in Chiyoda, Tokyo.

Publications

Recruit's publications include these, as well as others:

• Employment
  • From A, information on temporary employment
  • B-ing, information on employment and changing jobs in mid-career
  • Travaille, information on temporary assignments
  • Gaten, specializing in job information for fields such as construction workers, drivers and mechanics
• Jūtaku Jōhō, information on housing
• A-B Road, information on travel abroad
• Jalan, information on travel within Japan
• Recruit Navi, a membership Web site for employment information

External links

• Recruit Co., Ltd. company info.