PERSOL Holdings’ Staffing business delivered significantly faster profit growth than revenue during the first quarter of its fiscal year ending March 2027, with adjusted EBITDA rising 13.8% as revenue increased 3.4%.
Staffing revenue reached ¥158.26 billion, compared with the prior-year period, while adjusted EBITDA increased to ¥11.67 billion and operating profit rose 12.2% to ¥9.94 billion. The result means the segment’s adjusted EBITDA growth rate was roughly four times its top-line growth rate.
The performance came despite the quarter having one fewer operating day than the corresponding period a year earlier. PERSOL said the number of active temporary staff increased 0.6% year-over-year, while the average charge price increased 2.5%.
Profitability benefited from continued efforts to optimize selling, general and administrative expenses. That operating leverage allowed both adjusted EBITDA and operating profit to grow at a substantially faster rate than Staffing revenue.
The Staffing improvement was part of a broader increase in PERSOL’s group results. Consolidated revenue increased 13.5% to ¥424.02 billion, partly reflecting the contribution from Gojob SAS, which PERSOL acquired in October 2025, as well as favorable foreign-exchange effects.
Group adjusted EBITDA rose 21.6% to ¥26.49 billion, while operating profit increased 22.6% to ¥18.88 billion. Profit attributable to owners of the parent reached ¥12.19 billion, up 14.3%.
Several other businesses also produced notable profit growth. Technology adjusted EBITDA increased 42.8% to ¥1.24 billion, helped by increased engineer recruitment and the resolution of delays in intragroup projects. Asia Pacific adjusted EBITDA nearly doubled, increasing 96% to ¥4.12 billion, with operating profit rising 132.2%.
Career was the main contrast. Revenue declined 1.7% to ¥38.68 billion, adjusted EBITDA fell 10.5% and operating profit declined 13.2%. PERSOL cited selective hiring by client companies, user attrition following issues with the integration of doda and doda X login IDs, and increased spending on AI and initiatives targeting the high-income employment segment.
Cash provided by operating activities increased to ¥20.45 billion from ¥13.75 billion in the prior-year period. PERSOL ended June with ¥82.64 billion in cash and cash equivalents.
PERSOL maintained its fiscal-year outlook for ¥1.665 trillion of revenue, ¥71 billion of operating profit and ¥97 billion of adjusted EBITDA. Those targets represent projected growth of 7%, 6.7% and 10%, respectively, putting continued margin improvement at the center of the company’s full-year earnings plan.
