GAKUJO CO.,Ltd.
2301・Prime Market・Services
Business
Gakujo Co., Ltd. is a domestic human resources information service company that launched its job information business in 1981. Centered on "Re Shukatsu" (Re-Job Hunting), a job-change information site for people in their twenties, the company has built a comprehensive service framework supporting "career start," "career change," and "career advancement" for people in their teens through thirties, including "Re Shukatsu Campus" for new graduate recruiting, the "Tenshoku Haku/Shushoku Haku" (Job Change Fair/Job Fair) joint corporate seminars, the "Re Shukatsu Agent" recruitment placement service, "Re Shukatsu Tech" for IT engineers, "Re Shukatsu 30" for people in their thirties, and "Re Shukatsu Youth" for high school graduates and second-time new graduates. The company has entered into a capital and business alliance with The Asahi Shimbun Company and Asahi Gakusei Shimbunsha, and is listed on the Prime Market of the Tokyo Stock Exchange. It operates as a single segment: the job information business.
Business Model
The company provides free job-change and job-seeking information services to job seekers (people in their 20s, young working professionals, and students), expanding its member base. For companies, it offers paid services such as job listings (Re Shukatsu and Re Shukatsu Campus), participation in joint corporate seminars (Tenshoku Haku [Job Change Fair] and Shushoku Haku [Job Fair]), direct recruiting, staffing/placement services (Re Shukatsu Agent), and production of recruitment PR tools. Revenue is composed of two pillars: mid-career recruitment products (Re Shukatsu, etc.) and new graduate recruitment products (Re Shukatsu Campus, Shushoku Haku, etc.), with mid-career recruitment products in the career recruitment domain driving growth in recent years.
Company Strengths
Won the No.1 ranking for "job-change site for people in their 20s, as chosen by people in their 20s" for seven consecutive years, with cumulative registered members surpassing 2.8 million as of the end of October 2025. Aggressive promotional investment leveraging TV commercials has enhanced brand recognition, and Re Shukatsu's sales for FY2025 (ending October 2025) achieved high growth of 128.4% year on year.
As of the end of FY2025 (ending October 2025), the company had zero outstanding borrowings and held cash and deposits of ¥5,685 million. The equity ratio stood at an extremely healthy 86.9% (FY2025, ending October 2025), giving the company the financial capacity to fund growth investments and shareholder returns with its own funds.
Against a backdrop of structural labor shortages in Japan, demand for hiring young talent has remained elevated, and the job-change market for people in their 20s has expanded amid growing labor mobility. Sales grew approximately 77%, from ¥6,222 million in FY2021 (ending October 2021) to ¥11,019 million in FY2025 (ending October 2025), steadily capturing the benefits of market expansion.
ENVALITH's Perspective
Performance Trend
Revenue grew for five consecutive fiscal years, from ¥6,222 million in FY2021 to ¥11,019 million in FY2025. Operating profit, however, peaked at ¥2,657 million in FY2024 before declining to ¥2,333 million in FY2025, and a downward profit trend is expected to continue into FY2026 due to ongoing growth investment and rising costs. In the first half of FY2026 (ending October 2026) (November 2025 to April 2026), revenue increased to ¥4,618 million (105.8% year-on-year), maintaining growth, but operating profit fell sharply to ¥345 million (74.2% year-on-year) due to a shift of sales toward the second half caused by earlier hiring activity, along with higher outsourcing expenses and procurement costs. In response, the full-year forecast was revised to revenue of ¥12,000 million, operating profit of ¥2,600 million, and net income of ¥2,000 million (a downward revision from the initial forecast). On the external environment front, hiring demand remains high due to structural labor shortages, but changes in market structure—namely the earlier timing and diversification of hiring activities—are altering conventional seasonality patterns, making it increasingly difficult to forecast business performance.
Growth Strategy
Pursuing mid-to-long-term growth through three pillars: strengthening media capability, nationwide expansion of events, and improving agent productivity
Promoting early registration among lower-grade students (2nd year and below) in addition to 3rd-year university students. Effectively captured internship publicity demand through mutual synergy with "Career Design Forum," resulting in solid growth in Re-Shukatsu Campus interim revenue to ¥784 million (111.3% year-on-year). Progress is being made in responding to the trend of earlier recruitment activities.
Promoting events held in 5 cities nationwide, with interim event revenue for FY2026 (ending October 2026) achieving high growth of ¥1,537 million (113.8% year-on-year). Inquiries from companies regarding events scheduled from May onward remain robust, and this is expected to be a key driver of second-half performance.
Measures to improve interview quality and career advisor productivity, continued from the previous fiscal period, have proven effective, increasing the number of April-hire placements decided. Interim Agent business revenue for FY2026 (ending October 2026) reached ¥545 million (146.0% year-on-year), achieving the highest growth rate among all services.
Continuing to make system development investments (¥316 million in interim intangible fixed asset acquisitions) and promotional investments to strengthen the media platform supported by both recruiting companies and job seekers. While factoring in cost increases due to rising prices, the company aims to establish a mid-to-long-term competitive advantage.
Last updated: July 17, 2026