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Recruit Holdings Announces Receipt of Dividends from Consolidated Subsidiaries
Sep 6, 2024
Recruit Holdings Co., Ltd. (TSE 6098) (the “Company”) will receive dividends from its consolidated subsidiaries, which is expected to impact the Company’s non-consolidated financial results as follows.
The Company expects to record dividends from subsidiaries totalling 141.0 billion yen as operating revenue in its non-consolidated financial statements for the fiscal year ending March 2025.
Outline of Dividends by Subsidiaries
(In billions of yen)
Payers of dividends | Dividends amount1 | Scheduled date of dividends receipt |
---|---|---|
RGF Treasury Services Limited | 87.2 | September 13, 2024 |
RGF Staffing B.V. | 53.8 | September 13, 2024 |
Total dividends amount | 141.0 | ー |
1 The dividends amount in yen is the approximate amount converted at the exchange rate of 145.40 yen to USD, and 160.64 yen to EUR.
Impact on Consolidated Financial Results
These dividends will have no impact on the Company’s consolidated financial results, as dividends from consolidated subsidiaries are eliminated in the consolidated financial results as intercompany transactions.