Recruit Holdings Co., one of the world’s largest staffing firms, reported net sales in its overseas staffing operations rose 81.7% to ¥127.6 billion (US$1.07 billion) in its fiscal second quarter ended Sept. 30. Net sales reflected the impact of yen depreciation and other factors.

The staffing market in North America and Europe maintained a moderate expansion trend. A division of Recruit Co. Ltd., Advantage Resourcing America Inc., this year acquired Minneapolis-based provider Atterro Inc., which contributed to business results in the quarter.

Net sales by segment

Tokyo-based Recruit also has significant nonstaffing business operations in publishing, and it owns job board Indeed. The company reported total net sales rose 25.9% to ¥392.2 billion (US$3.3 billion) in the fiscal second quarter. The company’s stated aim is to become the world’s top provider of HR media operations and staffing operations by 2020.

Recruit operates four business segments; Staffing, marketing media, HR media, and “other.”

Net staffing segment sales by geography

Guidance

Recruit expects net sales to rise 19.2% in FY 2015 through solid growth in each segment and newly added consolidated subsidiaries.

Share price and market cap

Shares in Recruit rose 0.77% to ¥3,905.00. It had a market cap of ¥2.219 trillion, according to Google.