May 2026
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Largest Recruitment & Staffing Public Companies in Japan
Benchmark revenue and EBITDA valuation multiples for public comps like
Persol Holdings, Meitec Group Holdings, Open Up Group, JAC Recruitment and Timee.
 | Persol Holdings Co Ltd is a Japan-based company engaged in the provision of staffing and HR-related services. Its services include temporary staffing, recruitment, media, outsourcing, and job creation in a range of industries. The company's segments include Asia Pacific; Business Process Outsourcing (BPO); Career; Staffing; Technology; and Others. It generates the majority of its revenue from the Staffing segment, which is engaged in the temporary staffing business for a wide range of industries, mainly in the administrative field, mainly in Japan. | $1 | -13% | $3B | $3B | 0.3x | 5.7x | ||
| Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan. | $20 | -3% | $2B | $1B | 1.3x | 9.4x | ||
| Open Up Group Inc provides human resource services and outsourcing or contracting services for manufacturing companies in Japan and overseas. The business segments of the company include: Mechatronics/IT field: it includes workers dispatching, contracting, consignment business such as development design engineers. Construction area segment includes construction management engineer business / CAD operator dispatch business for customers in construction industry. Manufacturing Area segment includes manufacturing site contracting and dispatch business for customers in manufacturing industry Temporary staffing, outsourcing and referral business for technology and manufacturing fields. | $11 | -4% | $940M | $858M | 0.7x | 6.8x | ||
| JAC Recruitment Co Ltd provide appropriate and attentive consultation services to both companies seeking talent and candidates who wish to change jobs. Its recruitment services include JAC Recruitment, JAC Digital, JAC Executive, JAC International, JAC Career, VantagePoint, JAC Interim Professional Solutions, JAC RPO, and CareerCross. | $5 | -6% | $855M | $707M | 2.4x | 8.9x | ||
| Timee Inc is engaged in operating Timee, on-demand job platform. | $8 | -28% | $792M | $777M | 3.5x | 17.3x | ||
| UT Group Co Ltd is engaged in worker dispatch and outsourcing of permanent employees in manufacturing, design, and development, construction, and other sectors. The firm operates in three segments: Manufacturing Business, Solution Business, and Engineering Business. | $1 | +9% | $689M | $553M | 0.4x | 5.4x | ||
| Forum Engineering Inc is a provider of human resources. The company's business includes worker dispatch business and paid job placement services. Its services include Cognavi dispatch, Cognavi career change, Cognavi graduate, Cognavi talent management, and Cognavi college. | $11 | +58% | $573M | $502M | 2.1x | 15.9x | ||
| Pasona Group Inc provides human resource related support services. Its segments are BPO Solutions, Expert Solutions, Career Solutions, Global Solutions, Life Solutions, and Regional Revitalization and Tourism Solutions. | $10 | -29% | $380M | $81M | 0.0x | (5.3x) | ||
| Fullcast Holdings Co Ltd is a Japan-based holding company that provides human resource solutions. The company has two business segments namely, Short-term operational support business including short-term personnel service, event personnel service, and the security business, providing security services mainly for public facilities and corporations. The majority of the company's revenue is generated from Short-term operational support business. The short-term operational support business provides timely short-term staffing services that cater to fluctuations in client company's workloads. | $10 | -10% | $355M | $299M | 0.6x | 5.2x | ||
| Altech Corp provides companies with professional outsourced staff to accomplish their specified technical tasks. The company offers temporary employment dispatching engineer, superior technical services in customer product development and design field, and others. | $16 | -9% | $312M | $223M | 0.6x | 6.0x | ||
| World Holdings Co Ltd is a Japan based company engaged in the human resource and education business, real estate business and information communication business. In the human resource and education business, the company offers contract and temporary placement services and management skills for manufacturing and contracting business to other companies. The real estate business area of the company comprises detached housing sales business, residential condominium sale business, property business, building management business and brokerage business. | $16 | +16% | $287M | $594M | 0.3x | 6.7x | ||
| Quick Co Ltd provides human resource solutions and information services. The company operates in four business divisions namely Recruiting Division, Staffing Services Division, Information Publishing Division, and Others. | $5 | +3% | $273M | $179M | 0.9x | 4.8x | ||
| En Inc is a Japanese company that provides human resource services. It offers online job information sites and recruitment support platforms for various employment types, including full-time, part-time, and temporary work. The company provides recruitment consulting, career change support, and talent assessment services. It also offers tools for employee training, evaluation, and retention, aimed at improving organizational performance. | $7 | -36% | $262M | $78M | 0.2x | 0.9x | ||
| One Career Inc is engaged in Career data platform business which includes recruitment digital transformation support services, etc. | $11 | -14% | $210M | $172M | 3.5x | 12.0x | ||
| Copro Holdings Co Ltd is engaged in providing staff recruitment services for the engineering and construction industries. | $5 | -16% | $203M | $165M | 0.8x | 8.0x | ||
| WDB Holdings Co Ltd is a Japan based holding company engaged in providing human resource services. It specializes in temporary staffing and permanent employee introductions in fields such as biotechnology and chemistry research and development. The company operates in the businesses of Human resource services, CRO business, Contract research business, and Interaction business. In Human resource services, the company provides temporary staffing and recruiting services. In the CRO business, it offers support from basic research to clinical trials in the pharmaceutical, medical and other industries. The company operates contract research business in the fields of new materials, marine organism and industrial machinery. | $9 | -22% | $181M | $76M | 0.2x | 2.2x | ||
| Careerlink Co Ltd provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels. | $15 | +11% | $176M | $106M | 0.4x | 5.7x | ||
| WILL GROUP Inc provides recruitment services. The company offers staffing and employee placement services in Japan. | $7 | +22% | $163M | $153M | 0.2x | 5.4x | ||
| Matching Service Japan Co Ltd operates as a recruitment agency. The company offers recruitment services in accounting, finance, general affairs, human resources, legal, and public affairs industries. The Personnel Introduction Business Division handles recruitment services. The Other Incidental Business division includes temporary staffing, M&A intermediate service, accounting and law firms search site, and the operation of other recruitment sites such as KAIKEI FAN and LEGAL NET. | $6 | +4% | $148M | $116M | 2.3x | 8.2x | ||
| Gakujo Co Ltd provides employment information, various recruitment consulting services, and manpower dispatch and job placement services. | $10 | -7% | $136M | $97M | 1.4x | 5.8x | ||
| Nisso Holdings Co Ltd is engaged in staffing related services. The company provides Manufacturing Contract, Labor management support, Consulting, Training contract, Recruitment, and Temporary staffing/ Referral scheduled dispatch. The company operates in two business segments which are General Human Resources Service Business and Other Businesses. | $4 | -4% | $128M | $102M | 0.1x | 4.4x | ||
| S-Pool Inc is engaged in providing business solutions and human resource solutions. The solutions offered by the company include employment support service for people with disabilities, logistics outsourcing service, sales support service, and professional talent bank service. | $2 | -32% | $118M | $267M | 1.6x | 6.8x | ||
| Atrae Inc is an IT service provider in Human Resources field. The company mainly offers the contingent fee typed job site which utilizes big data, as well as planning new business. plans, develops, and manages job information Websites in Japan. It operates green-japan.com, a job media of IT/Web trade, which supports the employment of growing companies; yenta.talentbase.io/yenta/, a matching app that connects business professionals utilizing A.I. technology; and wevox.io/product/, a platform for organizational improvement, as well as provides Web services. | $4 | -2% | $91M | $68M | 1.4x | 6.1x | ||
| Wantedly Inc develops a social-networking service for business professionals. | $7 | -18% | $62M | $23M | 0.7x | 2.2x | ||
| Median | $7 | -6% | $267M | $176M | 0.7x | 5.9x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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