Recruit Holdings to record JPY196.4bn in subsidiary dividends

Recruit Holdings Co., Ltd. (TSE: 6098) announced today that it expects to record JPY196.4 billion in dividends from its consolidated subsidiaries. The dividends are expected to be recognized as operating revenue in the company's non-consolidated financial statements for the fiscal year ending March 2026. Key contributors to this dividend income include RGF OHR USA, Inc. (JPY89.9 billion), RGF OHR International Limited (JPY84.0 billion), and RGF Treasury Services Limited (JPY22.4 billion), all scheduled to be received on April 10, 2025. The approximate amounts were converted using exchange rates of JPY149.84 per USD and JPY161.71 per EUR. While this impacts the non-consolidated results, Recruit Holdings clarifies that the dividends will not affect the company's consolidated financial results because these intercompany transactions are eliminated during consolidation.