Howtelevision, Inc.
7064・Standard Market・Services
Business
Hautelevision Co., Ltd. is a career platform company whose mission is to "fully unleash the potential of all humankind and change the world." It operates Gaishishukatsu.com for new graduate students, Liiga for young working professionals, and the RPO Service (Loglio) specializing in engineer recruitment, forming its Career Platform Business. Its primary customers are professionally oriented students and young working professionals affiliated with leading universities in Japan and overseas, and it provides high-value-added recruiting media to hiring companies such as foreign-affiliated consulting firms and financial institutions. The company listed on the Tokyo Stock Exchange Mothers market (now the Growth Market) in 2019. It has a cumulative total of 1,088 client companies and 705,475 cumulative members.
Business Model
The company provides job listings, content, events, and other services to registered members (students and young working professionals) generally free of charge, while collecting advertising placement fees, scout usage fees, and career-change success fees from hiring companies. The New Graduate Service is the core revenue driver, accounting for approximately 81.8% of net sales (¥1,771 million). This is supplemented by the Mid-Career Service (approximately 13.6%, ¥295 million) and the RPO Service (approximately 4.6%, ¥100 million). Expansion of the member base enhances hiring companies' ability to attract candidates, which in turn creates a network effect that draws in more members—serving as the source of the company's competitive advantage.
Company Strengths
Of the cumulative 705,475 members (as of the end of FY2026 ending January 2026), the majority are students from top-tier universities, primarily those aspiring to work at foreign-affiliated consulting firms and financial institutions. This member profile, which differs from competing services, provides differentiated value for recruiting companies and has led to the acquisition of 1,088 cumulative client companies.
Through a mechanism that guides those who receive job offers via Gaishishukatsu.com to Liiga, the company continuously retains members from the new graduate stage through mid-career transfers. In January 2025, the Mid-Career Service business was reintegrated into the company, accelerating the utilization of the member base on a group-wide basis.
Loglio, Inc., acquired in April 2024, offers an RPO Service specialized in engineer recruitment (DevHR). In the fiscal year under review, it recorded operating profit exceeding its goodwill amortization expense, contributing to the group's overall earnings. It also has strong synergy with the existing platform, enabling the provision of comprehensive human resources solutions.
ENVALITH's Perspective
Performance Trend
Revenue over the past five fiscal years maintained a consistent growth trend, rising from ¥1,144 million (FY2022) to ¥2,558 million (FY2026). Meanwhile, operating profit peaked at ¥396 million in FY2023 and ¥407 million in FY2024, before declining to ¥251 million in FY2026, reflecting continued margin compression due to upfront investment. In Q1 of FY2027 (ending January 2027), revenue rebounded sharply to ¥825 million (up 42.7% year-on-year) and operating profit to ¥164 million (up 373.0% year-on-year). An external factor—the shift toward earlier and accelerated new-graduate recruitment schedules—boosted demand. The full-year forecast calls for revenue of ¥3,100 million (up 21.2% year-on-year) and operating profit of ¥50 million (down 80.1% year-on-year), representing a substantial profit decline, and constitutes a conservative plan premised on increased costs in the latter half of the year.
Growth Strategy
Pursuing mid- to long-term growth along three axes: platform expansion, value-added enhancement, and business integration
By launching the new service "LYMiN from Gaishishukatsu.com" (a fully vetted social dining service) and full-scale rollout of the integrated management tool "Shukatsu Copilot," the company aims to strengthen member engagement and raise transaction unit prices. In Q1, revenue from the new-graduate service significantly exceeded that of the same period in the previous year.
Through infrastructure integration with "Gaishishukatsu.com," the company aims to increase the number of members and raise the placement unit price in the Mid-Career Service, while promoting revenue diversification through the conversion of new-graduate members into mid-career members. The cumulative number of members steadily expanded to 744,808 (an increase of 39,333 from the end of the previous fiscal year).
Loglio, Inc., which became a subsidiary in April 2024, will be absorbed into the parent company effective July 1, 2026, integrating its recruitment process outsourcing (RPO) function into the main entity. This will accelerate unified business development and improve the efficiency of group management. As the merger qualifies as a simplified merger and short-form merger, no shareholders' meeting resolution is required.
To accelerate monetization of the new-style Q&A service "mond," Liiga Inc. was renamed mond Japan Inc., establishing a domestic business operating structure. The company continues to work on product development and monetization, but the specific scale of revenue contribution has not been disclosed.
The company defines "cumulative number of client companies" and "cumulative number of members" as key management indicators for the Platform Business, pursuing both deeper engagement with existing customers and new customer acquisition in parallel. As of the end of Q1 of FY2027 (ending January 2027), the cumulative number of client companies reached 1,101 (an increase of 13 from the end of the previous fiscal year), and the cumulative number of members reached 744,808 (an increase of 39,333 from the end of the previous fiscal year), continuing steady growth.
Last updated: July 17, 2026