RareJob, Inc.

Business Details

Provides online English conversation service "Rarejob Eikaiwa", AI speaking test "PROGOS®", global leader development programs, and other offerings for individuals and corporations. In FY2026 (ending March 2026), both revenue and profit declined substantially due to the transfer of the certification services business to Gakken Holdings and a decrease in the number of individual members. The segment accounts for approximately 40% of the group's total revenue. The individual, corporate, and engineering functions have been consolidated into a single company, and the new services "Rarejob Eikaiwa Coaching" and "CAPE-Impact" are now being rolled out in earnest.

Recent Overview

Revenue and profit declined sharply due to the transfer of the certification services business and a decrease in the number of members, while the segment is being restructured through organizational integration and the rollout of new services

In FY2026 (ending March 2026), the certification services business was transferred to a newly established company via a company split and then sold to Gakken Holdings (recording a gain on sale of ¥414 million). Combined with a decrease in the number of individual members, revenue fell sharply to ¥3,886 million (down 16.7% year on year), and segment profit dropped to ¥207 million (down 59.9% year on year). Meanwhile, the individual, corporate, and engineering functions were consolidated into a single company, and "Rarejob Eikaiwa Coaching" and "CAPE-Impact" began full-scale rollout. Following the discontinuation of the "RareLingo" service, an impairment loss of ¥17 million was recorded. Business restructuring costs of ¥16 million related to the Philippine subsidiary were also recorded as an extraordinary loss.

Key Products

Growth Drivers

• Establishing new revenue sources through the full-scale rollout of "Rarejob Eikaiwa Coaching" (professional coach × AI-supported model) and the corporate training program "CAPE-Impact"
• Strengthening sales of corporate business English conversation courses and responding to the growing emphasis on cost-effectiveness
• Achieving a fast, unified business operating structure through the consolidation of individual, corporate, and engineering functions into a single company
• Expanding reach to light-user learners and building a comprehensive service lineup through accelerated alliances
• Expanding the corporate customer base through growth in cumulative PROGOS® test-taking instances

Risks

• Continued decline in users and revenue in the individual online English conversation business due to a worsening competitive environment (migration to low-cost AI and app-based services)
• Weakening of the revenue base due to the reduced business scale following the transfer of the certification services business
• Macroeconomic risk from yen depreciation and rising prices suppressing personal consumption, which in turn pressures demand for self-investment (English study, study abroad, etc.)
• Downward pressure on order unit prices and volumes in corporate training due to a strengthening emphasis on cost-effectiveness
• Uncertainty regarding the earnings contribution of new services (Coaching and CAPE-Impact) during their launch phase
• Risks related to changes in business strategy and organizational structure associated with the share exchange with Gakken Holdings (delisting scheduled for July 2026)