Target Company Information

Port Co., Ltd. (Ticker: 7047) has taken steps to strengthen its position in the recruitment industry by acquiring an additional stake in HRteam, a company based in Shibuya, Tokyo, which specializes in human resources services aimed at the younger demographic. This acquisition involves increasing Port's ownership from 20% to 66%, consolidating HRteam as a wholly-owned subsidiary.

HRteam is a leading player in the recruitment sector for new graduates, particularly focusing on individuals in their twenties. With projected revenue of ¥2.76 billion, operating income of ¥860 million, and net assets of ¥990 million for the fiscal year ending June 2025, HRteam stands as a significant entity poised for further growth in the job placement market.

Industry Overview in Japan

The recruitment industry in Japan has experienced significant changes in recent years, driven by shifting demographics and an increasingly competitive job market. As the country faces an aging population and shrinking w

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ポート

invested in

HRteam

in 2025

in a Buyout deal

Disclosed details

Transaction Size: $186M

Revenue: $19M

EBITDA: $6M

EBIT: $1M

Net Income: $0M

Enterprise Value: $186M

Equity Value: $186M


Multiples

EV/EBITDA: 31.8x

EV/EBIT: 227.4x

EV/Revenue: 9.6x

P/E: 2,664.1x

P/Revenue: 9.6x

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