Net sales rose 22.2% at staffing and publishing firm Recruit Holdings Co. Ltd. to a total of ¥1.59 trillion (US$14.12 billion) in its fiscal year ended March 31.

The Tokyo-based firm’s staffing brands in the US include Staffmark, Advantage Resourcing and Atterro. In addition, the company owns Indeed.com, and has operations in Europe under the Advantage Resourcing brand and Australian operation with its acquisition in 2015 of the Chandler Macleod Group Limited and Peoplebank. The company also struck a $1.55 billion deal late last year to acquire Dutch staffing firm USG People.

Recruit reported Indeed.com net sales jumped 60% to $696 million in the fiscal year. The company also owns job boards in Japan, including Rikunabi, a job board for new graduates.

Staffing net sales rose 31.8% with Japanese staffing sales revenue up 6.3%. Staffing net sales outside of Japan rose 66.6%. The company said it saw a moderate expansion trend in its non-Japanese staffing markets, but acquisitions helped boost net sales. Total staffing net sales in North America, Europe and Australia totaled ¥475.8 billion (US$4.23 billion).

The company’s marketing media segment does not provide staffing, but it is a publishing business in Japan that includes magazines and websites such as housing magazine SUUMO and travel magazine Jalan.

Net sales by segment*

Net sales by geography

Recruit’s largest market is in Japan, followed by North America.

Guidance

Looking forward, the company expects net sales of ¥1.69 trillion (US$15.02 billion) for the next fiscal year, which ends March 31, 2017.