Link to the Substack article with all the graphs and tables HERE

Disclaimer: The information in this article represents my opinions, and should not be construed as personalized or individualized investment advice and are subject to change.

Recruit Holdings (6098) might not be that famous outside of Japan, but it’s the world’s largest recruitment company. Since 2016, the company has been on a global acquisition spree and bought up globally renowned companies such as Indeed, Glassdoor and Fishbowl.

Categorizing itself as a holding company, Recruit Holdings see itself as a recruitment platform, leaving its assets relatively autonomous and self-sufficient.

The question is, has this resulted in good value for shareholders, or should value investors stay away?

I analyzed the business performance trends, stock price charts, and dividend trends to see what will happen to stock prices and dividends in the future.