Recruit shares jump most on record on stronger-than-projected growth

The building that houses Recruit Holdings' headquarters in Tokyo. Investors have shown confidence in Recruit's HR Technology unit, where Indeed is leveraging AI to improve matching and raising average revenue from each job posting even as hiring demand remains soft. Recruit Holdings shares climbed the most on record after the Japanese owner of Indeed.com The stock jumped as much as 19%, its biggest intraday increase since the company went public in 2014, even as the Topix index fell, after issuing an outlook for ¥787 billion ($5 billion) in operating profit on ¥4 trillion in sales for the fiscal year to March 2027. That exceeds analysts' average projection for ¥723 billion and ¥3.9 trillion, respectively.