Recruit Holdings: A Japanese company thriving in the publishing Media Industry.
Back in the 1960s, people didn’t have the internet to look for jobs and other opportunities. Most of them either preferred reading newspapers or magazines to find a suitable job for themselves. During this time, a Japanese company called Daigaku Shimbun Koukokusha (current-day Recruit Holdings) was founded in Japan to help out job seekers find suitable jobs. Later, the company expanded and started publishing magazines not only in the job sector but overseas travel, automobiles, etc. The company, Recruit Holdings was founded by Hiromasa Ezoe in 1960.
About Recruit Holdings
Hiromasa Ezoe was an advertising agent who founded the company Recruit Holdings and as its first product launched a job-hunting magazine for university students. The magazine was called Invitation to Companies and its main target was to create an open job market for fresh graduates. Last year, the company celebrated its 60th anniversary of bringing new services and solutions to people around the world.
Recruit Holdings main mission is to create opportunities for life by prioritizing several factors like social values, delivering information at a very fast speed, convenience, and broadening the scope of opportunities. The company is trying to evolve and make its solutions easier and more accessible while syncing with digital transformation and globalization.
History of Recruit Holdings
In 1960, the company Daigaku Shimbun Koukokusha was founded and two years later the magazine, Invitation to Companies was rolled out mainly for university students and fresh graduates. Recruit Holdings has always been very enthusiastic about digital transformation and valued the need for evolving with time. In 1968, Recruit Holdings was the first company in Japan to introduce IBM 1130 computing system in its company. In 1971, the company established Recruit Computer Print, a company for digitized pre-production processes.
After the great recession, Recruit expanded its business and in 1976 started launching information in the housing industry which became a huge success. In 1980, the company launched another new magazine Travail which was Japan’s first career choice magazine for women. In the consecutive years, Recruit introduced another new magazine called Car Sensor and launched Information Network Service. In 1985, Recruit Holdings established Recruit USA in order to support Japanese companies by local hiring in the US.
Growth and Expansion
Focusing on the digital transformation and the high data-driven society that was slowly approaching the late twentieth century, Recruit Holdings established Supercomputers Research Institute to gain more insights on the same. This is one of the best qualities of Recruit Holdings that it not only evolved with time but knew how to think ahead of it. In 1990, the company took a step forward on expanding its business and launched Jalan, an innovative travel magazine. After a couple of years, the company again launched a new magazine, Zexy which was for bridal information. In 1995, the company established a strong online presence by starting its online media business called Mix Juice (now ISIZE).
In 1996, the company digitized its job hunting magazines which were followed by launching a brand new lifestyle magazine called Hot Pepper. Expanding the online media, Recruit opened a new platform for booking accommodations and doing reservations online. Recruit launched its bridal magazine in China in 2004 but it failed after a few years.
Globalization
Recruit Holdings is a very forward-looking company that acquired The CSI Companies, a US-based staffing company. In 2011, the company acquired Staffmark Group and Advantage Resourcing Europe to expand its business in the US and Europe. One of the most remarkable acquisitions in the history of Recruit was acquiring Indeed, a job search engine based in the US. In 2015, the company established Megagon Labs to connect with other organizations for AI developments, sensors, and other new technologies. Recently, the company had acquired Glassdoor, a famous company information site.
Masumi Minegishi – Chairperson of Recruit Holdings
Masumi Minegishi joined the company in 1987 and since then significantly contributed to the success of Recruit Holdings and making it a global tech. He served as the CEO, Chairperson, and representative director of the board in Recruit Holdings. He contributed significantly during the launch of Zexy and his business strategies and corporate plannings are brilliant.
Annasha Dey is an NIT student, who apart from studying engineering is also a content writer. She has a great interest in photography, writing, reading novels, and travelling as well. She is a foodie who loves socializing and hanging out with her friends. She is also a trained Kathak dancer and a big fashion enthusiast. Dey also loves watching TV series, which includes F.R.I.E.N.D.S. and Big Bang Theory. To be a better writer she prefers to read more
