OpenWork Co., Ltd. is acquiring PM Club to enhance its recruitment services through skill-based hiring methodologies, with the merger expected to complete by April 2026.

Information on the Target

OpenWork Co., Ltd. (Ticker: 5139) operates a job and recruitment information platform called OpenWork, which aims to enhance recruitment processes. The company plans to acquire PM Club, a firm based in Shibuya, Tokyo, specializing in skill-based hiring methodologies that evaluate candidates beyond their academic and work history. The acquisition aims to integrate PM Club's expertise in skill visualization to develop services and information systems that advance OpenWork's recruitment offerings.

As of the fiscal year ending March 2025, PM Club reported a revenue of 45 million yen, with an operational loss of 2 million yen, and a net asset value of 12 million yen. The acquisition price remains undisclosed, with the expected completion date set for January 5, 2026, after which OpenWork plans to merge PM Club into its operations by April 1, 2026.

Industry Overview in Japan

The recruitment industry in Japan is undergoing significant transformation driven by advances in technology and shifts in hiring practices. With the emergence of skill-based hiring, companies are increasingly focusing on the