ZIGExN Co., Ltd.
3679・Prime Market・Information & Communication
Life Service Platform Business
jigen's sole reportable segment; an internet platform business covering life-related domains such as HR, real estate, and travel
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment revenue (external customers) | ¥28,549 million | ¥24,835 million | ↑ |
| Segment profit | ¥5,764 million | ¥5,602 million | ↑ |
| Depreciation and amortization | ¥1,684 million | ¥1,388 million | ↑ |
| Consolidated revenue (company-wide) | ¥29,221 million | ¥25,450 million | ↑ |
| Consolidated operating profit (company-wide) | ¥5,913 million | ¥5,657 million | ↑ |
| Consolidated EBITDA (company-wide) | ¥7,592 million | ¥7,084 million | ↑ |
Business Details
Comprises three sub-segments: Vertical HR (specialized job listings, recruitment agency, and staffing services for beauty, pharmacy, manufacturing, construction, transportation, resort, etc.), Living Tech (real estate and life-support media for rental housing, cross-border real estate, renovation, energy, etc.), and Life Service (comparison media and hotel booking for franchise, marriage, travel, etc.). Starting from aggregation media that consolidates information from multiple internet media, the business operates specialized media, recruitment agency, and system services to provide highly precise matching between users and client companies.
Recent Overview
Revenue increased 14.8% due to the consolidation of three newly acquired companies, though operating profit margin declined to 20.2%
In FY2026 (ending March 2026), three companies—Anycareer Co., Ltd., Alpha Staff Co., Ltd., and Quantum Reservation Pte. Ltd.—were newly consolidated, and segment external revenue reached ¥28,549 million (up 14.9% year on year). Segment profit increased to ¥5,764 million (up 2.9% year on year), but due to increased depreciation and amortization associated with M&A (¥1,684 million, up 21.3% year on year) and higher SG&A expenses, the consolidated operating profit margin declined from 22.2% to 20.2%. Vertical HR saw steady recruitment demand, while Living Tech was partially affected by geopolitical risks and rising prices. Note that the impairment loss recorded in the prior period is not noted in the current period's segment information.
Key Products
Growth Drivers
- Continued high level of recruitment needs in Vertical HR's specialized domains such as beauty, pharmacy, manufacturing, construction, transportation, and resort
- Revenue expansion from the new consolidation of Anycareer, Alpha Staff, Quantum Reservation, and others
- Expansion of the cross-border real estate transaction business SEKAI PROPERTY within Living Tech
- Increased demand for utility switching (Enepi) driven by growing cost-saving needs amid rising prices
- Entry into mid- to long-term growth markets driven by rising DX demand and structural supply-demand gaps in the market
- Continuation of the M&A strategy toward FY2027 (ending March 2027) (forecasting revenue of ¥33,500 million and operating profit of ¥6,430 million)
Risks
- Decline in moving and renovation demand due to consumer spending restraint amid inflation
- Impact on overseas travel and cross-border real estate transaction demand from heightened geopolitical risks and unstable foreign exchange markets
- Slowdown in leisure-domain demand due to yen depreciation
- Profit margin pressure from increased personnel expenses and depreciation associated with business expansion (operating profit margin declined from 22.2% to 20.2%)
- Intensifying competition and changes in trends in the internet-related market
- Risk of delayed PMI after M&A and impairment risk related to goodwill (¥13,483 million) and intangible assets (¥3,659 million)
- Expansion of losses attributable to non-controlling interests at subsidiaries (non-controlling interests losses increased from ¥7 million in the prior period to ¥27 million in the current period)
Last updated: June 19, 2026

