(4377) Bizmates - Latest Analyst Report 8/30

◆ Business Description
・One Career supports job seekers in their job search activities by providing a variety of information such as experiential information on job hunting, corporate job advertisements, and internship recruitment through the new graduate recruitment support media 'ONE CAREER' and mid-career recruitment support media 'ONE CAREER PLUS'. In addition, it offers One Career Cloud, a cloud-based service that allows job advertising on 'ONE CAREER', online informational sessions, and applicant recruitment management for hiring companies.

◆ Overview of the first half of the fiscal year ending December 24.
・In the second quarter cumulative period of the 24/12 period (hereinafter referred to as the first half), sales revenue was 2,770 million yen, an increase of 26.9% compared to the same period last year, and operating profit was 913 million yen, an increase of 23.2%. Revenue continued to increase with an increase in the number of trading partners, maintaining increased profits despite increases in expenses such as personnel costs and advertising publicity expenses.

◆ Performance forecast for the fiscal year ending December 24.
- For the fiscal year 24/12, the company's sales revenue is expected to be 5,558 million yen, a 40.0% increase compared to the previous year, and the operating profit is expected to be 1,222 million yen, a 22.8% increase. While expecting a substantial increase in revenue, the plan is to increase expenses related to talent acquisition and costs for acquiring members and trading companies in order to achieve growth in the future period, resulting in an operating profit growth rate that is lower than the revenue growth rate.
- In light of the first half results and the company's policy, the Securities Research Center (hereinafter referred to as the Center) has maintained its previous forecast of 5,555 million yen in sales revenue and 1,265 million yen in operating profit for the fiscal year 24/12.

◆ Future Business Strategy
- One Career has expressed its intention to focus on strengthening sales activities and advertising publicity, expanding the functionality of One Career Cloud, and efficiently expanding mid-career recruitment services in order to achieve sustainable business scale expansion.
- The Center believes that One Career can increase the number of trading companies by strengthening sales activities through the expansion of sales personnel and implementing advertising campaigns, as well as expanding the functionality of One Career Cloud.