ENVALITH
株式会社アルバイトタイムス logo

ARBEIT-TIMES CO.,LTD.

2341Standard MarketServices

株式会社アルバイトタイムス logo
ARBEIT-TIMES CO.,LTD.2341

Information Provision Business (Human Resources Service Business)

The company's core segment centered on job information magazines, HR tech, and RPO businesses

PeriodCurrentPreviousChange
Segment revenue (Q1 cumulative FY2027 (ending March 2027))¥1,201 million¥1,101 million (Q1 cumulative FY2026 (ending March 2026))
Segment profit (Q1 cumulative FY2027 (ending March 2027))¥315 million¥244 million (Q1 cumulative FY2026 (ending March 2026))
Segment profit margin (Q1 cumulative FY2027 (ending March 2027))26.2%22.1% (Q1 cumulative FY2026 (ending March 2026))
Wagasha de DOMO revenue (Q1 cumulative FY2027 (ending March 2027))¥478 million¥473 million (Q1 cumulative FY2026 (ending March 2026))
Free job magazine 'DOMO' revenue (Q1 cumulative FY2027 (ending March 2027))¥151 million¥154 million (Q1 cumulative FY2026 (ending March 2026))
Segment share of consolidated revenue (Q1 cumulative FY2027 (ending March 2027))approx. 92%approx. 90% (Q1 cumulative FY2026 (ending March 2026))

Business Details

Based mainly in Shizuoka Prefecture, the company publishes the free job information magazine 'DOMO', provides the subscription-based recruitment management system 'Wagasha de DOMO', operates an IT education business, and runs an RPO (recruitment process outsourcing) business utilizing freelance and side-job personnel. Main revenue sources are advertising income from clients, system usage fees, and training/education revenue. As the core segment accounting for approximately 92% of consolidated revenue, the company is promoting concentration of business resources in the HR tech domain.

Recent Overview

HR tech, IT education, and RPO businesses drove substantial growth in both revenue and profit

In the human resources service business for Q1 FY2027 (ending March 2027) (March to May 2026), revenue was ¥1,201 million (up 9.1% year on year) and segment profit was ¥315 million (up 29.4% year on year), achieving a substantial increase in both revenue and profit. The main drivers were sales expansion and optional product sales for 'Wagasha de DOMO', order volume exceeding the usual level for new employee programming training in the IT education business, and sales expansion of the RPO business in the Greater Tokyo area along with the start of expansion into other regions. The segment profit margin improved substantially to 26.2% from 22.1% in the same quarter of the prior year. Meanwhile, the job magazine 'DOMO' continued its declining trend, down 1.9% year on year.

Key Products

platform
Wagasha de DOMO

A cloud-based recruitment management system that centrally manages corporate hiring operations. A core product generating stable revenue under a subscription billing model. Revenue for Q1 FY2027 (ending March 2027) was ¥478 million (up 1.0% year on year). The company is focusing on sales expansion and development of optional products.

product
Free job information magazine 'DOMO'

A free job information magazine published mainly in Shizuoka Prefecture. Revenue for Q1 FY2027 (ending March 2027) was ¥151 million (down 1.9% year on year). Revenue has been on a declining trend due to the impact of the digital shift.

service
RPO business (WHOM)

An RPO (recruitment process outsourcing) business provided by WHOM Inc. Utilizing professional recruiters, mainly freelance and side-job personnel, the company is promoting sales expansion centered on the Greater Tokyo area. It has also begun sales expansion into other regions to capture new demand.

service
IT education business (programming training)

Against a backdrop of rising corporate demand for digital talent development driven by DX promotion and IT talent shortages, the company launched a programming training service for new employees (a 2- to 3-month program) from April 2026. Order volume is running above the usual level, driven by expanding demand aimed at early-stage skill development of new graduate hires, standardization of training quality, and reduction of the training burden on on-site engineers.

platform
Job information sites (DOMO NET / JOB / TSUNORU)

Operates 'DOMO NET' for part-time and arubaito job seekers, 'JOB' for full-time employee recruitment, and 'TSUNORU' for new graduate recruitment. The company is promoting revenue diversification through expanded sales in the full-time employee domain.

service
Joint corporate interview event 'Shigoto Fair'

A joint corporate interview event that matches job seekers with companies. Operated as an ancillary service to the human resources service business.

Growth Drivers

  • Expansion of subscription revenue from 'Wagasha de DOMO' and continued sales promotion and development of optional products
  • Increased order volume in the IT education business (programming training for new employees) by capturing DX-related demand
  • Sales expansion of the RPO business (WHOM) in the Greater Tokyo area and the start of sales expansion into other regions
  • Revenue diversification through expanded sales in the full-time employment domain (JOB, TSUNORU)
  • Continued rise in corporate demand for hiring and talent development amid structural labor shortages
  • Policy of accelerating the pace of business expansion through M&A and business alliances

Risks

  • Weakening employment conditions in Shizuoka Prefecture, the company's main base (effective job openings-to-applicants ratio of 1.09 in May 2026, below the national average of 1.17)
  • Downward trend in the job advertisement media market and accelerating market shift toward HR tech and aggregation media
  • Continued decline in revenue from the free job information magazine 'DOMO' (¥151 million cumulative in Q1, down 1.9% year on year)
  • Impairment risk related to goodwill (¥395 million, arising from the acquisition of WHOM)
  • Risk of declining corporate hiring appetite due to deterioration in the external environment, such as price increases and geopolitical risks

Last updated: May 25, 2026