Atrae, Inc.
6194・Prime Market・Services
People Tech Business (Single Segment)
A single-business company supporting talent mobility and organizational vitalization through HR × technology
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (first half cumulative, FY2026 ending September 2026) | ¥3,821 million | ¥3,564 million (first half of FY2025 ending September 2025) | ↑ |
| Operating profit before stock compensation expense (first half cumulative, FY2026 ending September 2026) | ¥717 million | ¥852 million (first half of FY2025 ending September 2025) | ↓ |
| Operating profit (first half cumulative, FY2026 ending September 2026) | ¥568 million | ¥686 million (first half of FY2025 ending September 2025) | ↓ |
| Net profit for the first half (first half cumulative, FY2026 ending September 2026) | ¥419 million | ¥450 million (first half of FY2025 ending September 2025) | ↓ |
| Green net sales (first half of FY2026 ending September 2026) | ¥1,981 million | Down 6.4% year on year | ↓ |
| Wevox net sales (first half of FY2026 ending September 2026) | ¥1,818 million | Up 28.1% year on year | ↑ |
| Green number of hires (first half of FY2026 ending September 2026) | 1,499 | Down 8.3% year on year | ↓ |
| Wevox number of client companies (as of 2Q of FY2026 ending September 2026) | Over 4,300 companies | Over 4,200 companies (as of 1Q of FY2026 ending September 2026) | ↑ |
| Net sales (full-year forecast, FY2026 ending September 2026) | ¥8,600 million | ¥7,634 million (actual results for FY2025 ended September 2025) | ↑ |
| Operating profit (full-year forecast, FY2026 ending September 2026) | ¥1,100 million | ¥1,853 million (actual results for FY2025 ended September 2025) | ↓ |
Business Details
The sole business segment of Atrae, which positions itself as a "People Tech Company." It provides recruitment matching for IT/Web talent through the success-fee-based recruitment media platform "Green," and organizational improvement through engagement visualization via the organizational strength enhancement platform "Wevox." Low-cost, high-precision matching leveraging big data analytics and AI is the source of competitive advantage. Full-year forecast for FY2026 (ending September 2026) is net sales of ¥8,600 million (up 12.7% year on year) and operating profit of ¥1,100 million (down 40.6% year on year).
Recent Overview
Top line expanded on strong Wevox growth, but profits declined by double digits due to increased expenses
In the first half of FY2026 (ending September 2026) (October 2025 to March 2026), net sales increased to ¥3,821 million (up 7.2% year on year). Wevox net sales drove performance, growing 28.1% year on year to ¥1,818 million, while the number of Green hires declined to 1,499 (down 8.3% year on year), resulting in Green net sales of ¥1,981 million (down 6.4% year on year). Selling, general and administrative expenses increased 8.3% year on year to ¥3,073 million due to higher advertising expenses and rising personnel costs. Operating profit was ¥568 million (down 17.2% year on year), and net profit for the first half was ¥419 million (down 7.0% year on year). The full-year earnings forecast remains unchanged.
Key Products
Growth Drivers
- Continued high growth in SaaS-type sales driven by the expansion of Wevox client companies (over 4,300 companies) (up 28.1% year on year in the first half of FY2026 ending September 2026)
- Continued high level of talent demand in the IT/Web industry (solid recruitment demand for IT engineers, Web designers, etc.)
- Improvement in Green's matching efficiency and maintenance of competitive advantage through big data analytics and AI recommendations
- Strengthened advertising investment aimed at re-accelerating Green's growth (enhanced Web marketing and measures to increase registered users)
- Diversification of customer base and stabilization of revenue through Wevox's expansion into a wide range of industries and sectors
Risks
- Downward pressure on sales due to the continuing decline in the number of Green hires (down 8.3% year on year in the first half of FY2026 ending September 2026)
- Expense growth from increased advertising expenses and personnel costs (selling, general and administrative expenses up 8.3% year on year in the first half of FY2026 ending September 2026) and declining profit margins
- High dependence on Green net sales for revenue, creating risk that performance will be significantly affected if the recruitment environment in the IT/Web industry deteriorates
- Risk of reduced corporate recruitment budgets due to macroeconomic uncertainty including Middle East conditions, US trade policy, and financial and capital market volatility
- Risk of information leaks and security incidents due to the vast amount of personal information held
Last updated: December 17, 2025