CRG HOLDINGS CO.,LTD
7041・Growth Market・Services
HR-Related Business
Core group segment operating staffing & recruitment, BPO, disability employment support, interpretation & translation, and accommodation management
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (H1 FY2026, ending March 2026) | ¥6,466 million | ¥6,671 million (H1 FY2025, ended March 2025) | ↓ |
| Segment profit (H1 FY2026, ending March 2026) | ¥50 million | ¥46 million (H1 FY2025, ended March 2025) | ↑ |
| Net sales (current fiscal year, full year) | ¥15,822 million | ― | — |
| Segment profit (current fiscal year, full year) | ¥190 million | ― | — |
Business Details
To solve client companies' human resources challenges, this segment offers a wide range of services including staffing & recruitment, BPO, disability employment support, and interpretation & translation. Centered on staffing services for the logistics and manufacturing sectors, it provides diversified HR solutions ranging from disability employment support services (satellite office business) to accommodation management outsourcing for inbound tourism. It accounted for approximately 77.8% of consolidated net sales in the six months ended March 2026 (H1 FY2026).
Recent Overview
Net sales decreased 3.1% year on year, but segment profit improved 9.6%, reflecting better profitability
In H1 FY2026 (October 2025 to March 2026, ending March 2026), the HR-Related Business posted net sales of ¥6,466 million (down 3.1% year on year) and segment profit of ¥50 million (up 9.6% year on year). Staffing services for the logistics and manufacturing sectors remained solid, while the disability employment support service business promoted stronger new customer acquisition and the opening of new sites. The accommodation management service worked to strengthen operational support for the urban private lodging business through business alliances. In addition, Pallet Co., Ltd. began offering the new "Canvas+" service, expanding the segment's service scope.
Key Products
Growth Drivers
- Solid performance of staffing services for the logistics and manufacturing sectors (continued demand driven by structural labor shortages)
- Strengthened new customer acquisition and site expansion in the satellite office business within disability employment support services
- Enhanced added value in the disability employment support field through the new "Canvas+" service (combining counseling and retention support)
- Business expansion of the accommodation management business through business alliances, driven by growing inbound demand
- Promotion of cross-selling and increased contracting utilizing the group's shared customer database
- Efforts to improve internal operational efficiency and productivity through the use of generative AI
Risks
- Continued trend of shrinking demand from major clients and conversion to direct employment in staffing for call centers
- Impact on staffing rates and utilization due to fluctuations in labor supply and demand associated with the effective job openings-to-applicants ratio (1.18x as of March 2026)
- Pressure of rising labor costs and recruitment expenses for staffing personnel amid continued price inflation
- Possibility that downside risks to overseas economies, such as U.S. trade policy, could spill over into domestic staffing demand for manufacturing and logistics
- Downward pressure on the domestic economy and impact on inbound demand from geopolitical risks such as the situation in the Middle East
Last updated: December 24, 2025

