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Financial Results of Fiscal Year 2016 [English]

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(1)

December 2016

Achieved record-highs for both sales and profit

Asagaku Navi (Asahi Gakujo Navi) Image character: Fuka Koshiba

TSE, 1st Section (Code: 2301)

40

Established

years ago

GAKUJO, Co., Ltd.

of Fiscal Year Ended October 2016 (39th Term)

Fourth Quarter

(2)

Highlights of performance

(achieved record-high performance)

Sales

Cost of sales

Gross profit

Operating income

Ordinary income

Net income this term

4,660

1,918

2,742

1,823

918

1,047

1,150

745

(Millions of yen)

Digest of income statement

100.0%

41.2%

58.8%

39.1%

19.7%

22.5%

24.7%

16.0%

Percentage

5,105

1,733

3,371

1,984

1,387

1,496

1,528

1,042

109.5%

90.4%

123.0%

108.8%

151.1%

142.9%

132.9%

139.9%

Year on year

100.0%

34.0%

66.0%

38.9%

27.2%

29.3%

29.9%

20.4%

Percentage

Fiscal Year 2015

Fiscal Year 2016

5,800

1,956

3,844

2,225

1,619

1,720

1,720

1,208

Fiscal Year 2017

(forecast)

100.0%

33.7%

66.3%

38.4%

27.9%

29.7%

29.7%

20.8%

Percentage

Sales

Cost of sales

Gross profit

Operating income

1,207

403

803

605

197

Fiscal Year 2015

Fourth quarter (August to October 2016)

100.0%

33.5%

66.5%

48.5%

18.1%

Percentage

1,171

356

815

549

265

Fiscal Year 2016

97.1%

88.3%

101.5%

90.6%

134.8%

Year on year

100.0%

34.0%

66.0%

38.9%

27.2%

Percentage

Selling, general and

administrative expenses

Net income this term

before income taxes

Selling, general and

administrative expenses

<Sales activities for Fiscal Year 2017>

TOPICS

Cumulative orders at

the end of October

are

120

%

year on year

(excluding public-sector field)

Identifying the movements of major

companies at an earlier stage

(3)

Points in the performance

109

.5%

0

5

10

15

20

25

30

35

Achieved record-highs for both sales and profit.

Sales of our own products were favorable, boosting profit by 40%.

0

10

20

30

40

50

60

0

3

6

9

12

15

0

3

6

9

12

15

Sales

Fiscal Year 2015

Fiscal Year 2016

Fiscal Year 2015

Fiscal Year 2016

Fiscal Year 2015

Fiscal Year 2016

Fiscal Year 2015

Fiscal Year 2016

4.66

billion yen

5.1

billion yen

2.74

billion yen

3.37

billion yen

0.91

billion yen

1.38

billion yen

1.04

billion yen

1.49

billion yen

Gross profit

Operating income

Ordinary income

(Billion yen) (Billion yen)

(Billion yen) (Billion yen)

123

.0%

151

.1%

142

.9%

Ratio of sales of our own products to

all sales steadily increasing

Greatly enhanced profitability

Same trend will continue in future

Breakdown of sales

0

1000

2000

3000

4000

5000

6000

(Million yen)

Fiscal Year 2014

4,020

Public-sector field

Own products

Public-sector field

1,124

3,937

722

Own products

Public-sector field

4,723

382

Fiscal Year 2015

4,660

Fiscal Year 2016

5,105

Own products

119.9

% Public-sector field

52.9

%

(4)

Sales and gross profit by product

Intern Jobs

(Millions of yen)

Employment Expo

Media magazine

Asagaku Navi

Public-sector products

Re-Shukatsu

Other

Individual products

for new graduates

Recruitment and

Dispatch Business

(Millions of yen)

Fiscal Year 2015

5,105

3,371

2,452

33

617

446

382

794

171

207

Fiscal Year 2016

109.5%

123.0%

119.7%

114.8%

148.9%

112.0%

52.9%

108.6%

168.7%

97.0%

Year on year

1,023

20

291

413

335

404

31

156

2,673

Fiscal Year

2013

1,402

24

317

405

1,124

524

37

183

4,020

Fiscal Year

2014

2,048

28

415

398

722

731

101

214

4,660

Fiscal Year

2015

2,452

33

617

446

382

794

171

207

5,105

2,600

800

30

100

450

260

1,050

300

210

5,800

Fiscal Year

2016

Fiscal Year

2017

(forecast)

Sales by product for the full year

(5)

Points in the performance

(Millions of yen)

(Millions of yen)

<State of operating income>

<Change in profit rate>

+445

+184

+160

1,387

918

Sales

Cost of sales

SG&A

Fiscal Year 2016

Fiscal Year 2015

Operating income

27.2

%

Operating income

19.7

%

Year

on y

ear

151

.1%

Own products

+785

Public-sector field

-340

Cost of own products

+100

Cost of public-sector field

-285

Actual result was

100.2% of plan,

so almost in line with plan

Cost rate

Improved to 34.0% from 41.2%

Fiscal Year 2012

Sales

Gross profit

Gross profit ratio

Operating income

Operating ratio

Ordinary income

Ordinary income ratio

2,255

1,065

47.2%

87

3.9%

201

8.9%

Fiscal Year 2013

2,673

1,209

45.2%

235

8.8%

371

13.9%

Fiscal Year 2014

4,020

2,049

51.0%

885

22.0%

1,007

25.1%

Fiscal Year 2015

4,660

2,742

58.8%

918

19.7%

1,047

22.5%

Fiscal Year 2016

5,105

3,371

66.0%

1,387

27.2%

1,496

29.3%

Fiscal Year 2017

(forecast)

5,800

3,844

66.3%

1,619

27.9%

1,720

29.7%

Operating ratio

(6)

Points in the performance

(Millions of yen) (Millions of yen)

<Financial situation>

<Cash flow>

<Capital efficiency data>

ROE climbs to 11% again

<Changes in ROE>

Year on year

Total assets

Fiscal Year 2015

Operating cash flow

Investment cash flow

Financial cash flow

Free cash flow

907

-1,828

1,527

-921

1,189

-1,264

-619

-75

Fiscal Year 2016

Total assets

10,331

104.3

%

Liabilities

102.9

%

Net assets

104.5

%

Liabilities

1,033

Net assets

9,298

Net assets per share (yen)

Net profit per share (yen)

Capital adequacy ratio (%)

ROE (Return on Equity) (%)

ROA (Return on Assets) (%)

PER (Price-Earnings Ratio) (times)

581.01

50.93

89.7

9.6

11.9

21.0

493.73

51.63

85.5

11.2

15.1

20.2

Fiscal Year 2014

Fiscal Year 2015

614.52

68.56

89.8

11.5

14.8

16.6

Fiscal Year 2016

(Ref.) Share price at end of term: Oct. 31, 2014 = 1,045 yen; Oct. 31, 2015 = 1,072 yen; Oct. 31, 2016 = 1,139 yen

0

2

4

6

8

10

12

Fiscal Year 2012

Fiscal Year 2013

Fiscal Year 2014

Fiscal Year 2015

Fiscal Year 2016 1.9

4.7

11.2

9.6

(7)

Concept of returning profits to shareholders

<Changes in payout ratio and dividends>

D

ivi

d

e

n

d

(p

e

r

sh

a

re

)

Pa

yo

u

t

ra

ti

o

Net profit per share (yen)

Dividend per share (yen)

Payout ratio (%)

50.93

24

47.1

51.63

16

31.0

Fiscal Year 2014

Fiscal Year 2015

68.56

28

40.8

Fiscal Year 2016

(planned)

79.99

32

40.0

Fiscal Year 2017

(planned)

With a stable return of profits to shareholders as the basis, maintain payout ratio at 40 to 50%.

Planned annual dividend for Fiscal Year 2017 is 32 yen, up 4 yen.

0

5

10

15

20

25

30

35

Fiscal Year 2013

End of term Interim

Fiscal Year 2014

Fiscal Year 2015

Fiscal Year 2016

(planned)

Fiscal Year 2017

(planned)

5 5

12 14

16

5

11

12

14

16

53.3

31.0

47.1

40.8

40.0

30

40

50

60

20

0

10

(8)

Balance sheet and income statement

ASSETS

Current assets

Fixed assets

Tangible fixed assets

Intangible fixed assets

Investment Total assets LIABILITIES Current liabilities Fixed liabilities Total liabilities NET ASSETS Capital Capital surplus Retained earnings Treasury stock

Total shareholders' equity

Valuation and translation adjustments

Stock acquisition rights

Total net assets

Total liabilities and net assets

Sales

Cost of sales

Gross profit

Selling, general and administrative expenses

Operating income Non-operating income Non-operating expenses Ordinary income Extraordinary income Extraordinary loss

Quarterly income before income taxes

Total income taxes

Quarterly net income

Amount Percentage (%) Amount Percentage (%)

6,226,960

4,105,012

877,402

207,943

3,019,660

10,331,972

772,530

260,688

1,033,218

1,500,000

3,333,001

4,774,297

-366,989

9,240,310

39,765

18,678

9,298,753

10,331,972

4,660,208

1,918,330

2,742,228

1,823,746

918,481

139,083

10,285

1,047,279

102,798

1,150,078

405,027

745,051

100.0

41.2

58.8

39.1

19.7

3.0

0.2

22.5

2.2

24.7

8.7

16.0

5,105,362

1,733,383

3,371,978

1,984,050

1,387,927

119,170

10,600

1,496,497

31,964

1,528,461

486,119

1,042,342

100.0

34.0

66.0

38.9

27.2

2.3

0.2

29.3

0.6

29.9

9.5

20.4

109.5

90.4

123.0

108.8

151.1

85.7

103.1

142.9

31.1

132.9

120.0

139.9

Item

Item

By term

Fiscal Year 2015

Fiscal Year 2016

Year on

year

(%)

Fiscal Year 2016

6,218,513

3,686,481

898,734

189,260

2,598,486

9,904,995

705,874

297,994

1,003,869

1,500,000

3,333,001

4,128,441

-144,719

8,816,723

65,725

18,678

8,901,126

9,904,995

Fiscal Year 2015

(Thousands of yen) (Thousands of yen)

(9)

Topics by product

Fiscal Year 2015

Fiscal Year 2016

(Millions of yen)

(Millions of yen)

Employment Expo

32

times (30 times in previous year)

90

times

Fiscal Year 2015

111

times

Fiscal Year 2016

118

times

Fiscal Year 2017 (plan)

Also quickly responding to greater internship needs from an early stage

4

times

Number of times of holding

event in the second half of

Fiscal Year 2015

Prospective event for next fiscal year

7

times

in the second half of

Fiscal Year 2016

2,048

2,452

3Q 575

4Q 588

1Q 296

2Q 588

3Q 772

4Q 551

2Q 794

1Q 333

119

.7%

Fiscal Year 2015

2,452

111

6,989

Fiscal Year 2016

119.7%

123.3%

121.8%

Year on year

Sales (million yen)

Number of times of holding event

Number of booths

2,048

90

5,738

Fiscal Year 2015 4Q

(Aug. to Oct.)

551

26

1,678

Fiscal Year 2016 4Q

(Aug. to Oct.)

93.8%

144.4%

100.0%

Year on year

Fiscal Year 2016 4Q accounting period

(Aug. to Oct.)

Sales (million yen)

Number of times of holding event

Number of booths

588

18

1,678

*Newly held in Yokohama and Hiroshima

Sales decreased slightly in 4Q due to a change in the job searching schedule,

but in total were up about 20%.

(10)

Fiscal Year 2015

Fiscal Year 2016

617

148

.9%

(Millions of yen)

(Millions of yen)

414

→(See p. 14 for details)

Implement new measures

one after another next term!

学 情 ナ ビ

®

2 0 1 7

®

Employment info website shown in the Asahi Shimbun

Asagaku

Navi

Asa

hi

Gakujo Navi 2017

Both sales and profit significantly increased. Also aiming for a further increase

in the next term with new measures.

Third year of partnership,

currently improving

performance.

Differentiating ourselves by

elimination bulk entry of players

and sticking to individual

matching.

Selected Fuka Koshiba as

the new image character

Precise matching with

Shukatsu Robo

Shukatsu Robo

LINE@ Chat Support

Service

(11)

Topics by product

Fiscal Year 2015

Fiscal Year 2016

794

(Millions of yen)

(Millions of yen)

731

108

.7%

28 years old 5.0% 29 years old 3.7%

Aged 30 or over 6.1%

21 years old 4.4% 20 years old 3.1% Aged 19 or younger 1.5%

22 years old 9.3%

23 years old 21.3%

24 years old 16.7% 25 years old

13.2% 26 years old

8.8%

27 years old 7.4%

92.4%

of registered

members are in

their

20s!

Age composition

POINT

[Overview of fieldwork] ● Investigation agency and name

Rakuten Research, Inc. "Survey on domestic recruitment media (by age composition)" ● Survey targets

Major job change information sites including Re-Shukatsu 17 sites

● Survey time July 2016 ● Survey method

Visit each webpage, have telephone interviews, look at business materials, use quotations from recruitment agency’s website

● Contents of survey

The age compositions of each site’s registrants were classified as "19 years old or younger," "24 years old or under," "25 to 29 years old," "30 to 34 years old," "35 to 39 years old," "40 to 44 years old," and "45 years old or older"

With 700,000 members, Japan’s only

site specialized for those in their 20s

Fieldwork outsourced to: Rakuten

Research, Inc. (July 2016)

Acquired

No. 1

spot for

“Job change information site’s

membership ratio of those in

their 20s”

Fieldwork outsourced to: Rakuten Research, Inc.

(July 2016)

2 0 1 6

®

Re-

Shukatsu

Site to support those

in their 20s

who are trying

to find employment or change their career

Steady performance with robust needs.

(12)

Topics by product

Fiscal Year 2015

Fiscal Year 2016

102

49

117

201

Semi-recent college

graduates and previously

graduated persons

New graduates

New graduates

Semi-recent college

graduates and

previously graduated

persons

151

318

Recruitment Business

(People)

(People)

210

.6%

POINT

Number of

recruited persons

The introduction of new graduates has more than doubled, pace is up.

Needs will increase further due to difficulty in recruiting new graduates.

Fully utilizing a function in “Asagaku

Navi” that lets people register their desire

to be recruited.

Continuing to increase pace at which new

graduates are hired.

● The gross margin improved steadily

with the focus on recruitment projects.

● Counseling space in the Tokyo area is

(13)

Fiscal Year 2016 Summary

Increased profitability by improving the ratio of

own products and controlling SG&A expenses.

[Achievements and Issues]

Asagaku Navi and Employment Expo are performing steadily.

Especially Asagaku Navi is up

148.9

%

.

Sales of public-sector products are lower than scheduled, but

this is made up for by our own products.

Kept SG&A expenses in line with the schedule (budget-actual

ratio is 100.2%),

greatly improving the profit ratio

.

Increase pace at which sales employees are recruited.

(14)

Looking ahead to Fiscal Year 2017

Work to post record-highs for both sales and profit

Sales

5.8 billion yen (113.6% year on year)

Operating income

1.61 billion yen (116.6% year on year)

Ordinary income

1.72 billion yen (114.9% year on year)

Current profit

1.2 billion yen (116.1% year on year)

[Key points]

Expand operations in metropolitan area using effect of moving

Tokyo Headquarters (1.5 times the floor space).

Increase the number of members of Re-Shukatsu and personnel

introduction business. Increase pace of recruitment.

Increase sales at Asagaku Navi with Shukatsu Robo and Line@ service.

(Millions of yen)

Sales

Gross profit

Gross profit ratio

Operating income

Operating ratio

Ordinary income

Ordinary income ratio

Fiscal Year 2016

5,105

3,371

66.0%

1,387

27.2%

1,496

29.3%

Fiscal Year 2017

(plan)

5,800

3,844

66.3%

1,619

27.9%

1,720

(15)

Strategy for this term and beyond

Work to further enhance recognition

and matching function.

By selecting

Fuka Koshiba

as the image

character, start to greatly develop PR efforts.

Changing the future of job searching with

Shukatsu Robo

TM*

* Application number: 2016-076524

To support those graduating and looking for work in 2018, we will launch

Shukatsu Support Robot, fitted with AI

.

Starts in March 2017.

“Shukatsu Robo

and Line@

chat support service”

Aiming to differentiate ourselves

from others and improve convenience.

POINT

Providing “perfect” and “reliable”

service to companies and students

AI recommendation system

Shukatsu Robo will recommend companies to individual students based on each of their behavior histories. Applying AI to browsing behavior and click history, Shukatsu Robo will suggest optimal companies and thus help students to discover organizations and lead to highly-precise matching services for entries (population).

Popularity ranking by university

Shukatsu Robo will grasp students’ entry behavior and browsing history by university and display a popularity ranking for the corresponding university. By clarifying a company ranking that is perceived as being familiar and is not affected by level of recognition and scale, Shukatsu Robo will help students in their life-long job searching activities.

学情ナビ

®

2018

®

Reliable job searching site that is “perfect” for everyone

Asagaku Navi

Asa

hi

Gakujo Navi 2018

[Profile]

Belongs to Oscar Promotion agency Hometown: Osaka Prefecture Date of birth: April 16, 1997 “Girls Audition 2011” Grand Prix Major casting work:

● Film "Kiki's Delivery Service" (starring role), "Library with an angel" (starring role);

scheduled to be released in spring 2017

● TV drama "GTO" (Fuji TV), "Second Love" (TV Asahi), "Heat" (Fuji TV), "Asa ga Kita" (NHK),

"Is it true that teacher Hayako will get married?" (Fuji TV)

(16)

Medium-term management plan

<Medium-term management plan>

<Change in number of employees>

0 1,000 million 2,000 million 3,000 million 4,000 million 5,000 million 0 1,500 million 7,000 million 8,000 million 6,000 million 500 million 1,000 million 2,000 million 2,500 million

4,660

million

1,047

million

Fiscal Year 2015 Fiscal Year 2016

5,105

million

1,496

million

5,800

million

1,720

million

Fiscal Year 2017

7,000

million

2,100

million

Fiscal Year 2018

2,500

million

8,000

million

Fiscal Year 2019

[Structure for generating sales of 8 billion yen (conceptual image)]

Employment Expo

3.0 billion yen

Asagaku Navi

1.5 billion yen

Re-Shukatsu

2.0 billion yen

Intern Jobs

0.5 billion yen

Introduction business

1.0 billion yen

Public-sector field

0.5 billion yen

Individual products for new graduates, other

0.5 billion yen

Strengthening operations in the metropolitan region: relocation to Ginza

Floor space increased by 1.5 times. Doubled the recruitment space and further developed operations

in the metropolitan area.

0 50 100 150 200 250 160 Fiscal Year 2012 189 Fiscal Year 2013 194 Fiscal Year 2014 215 Fiscal Year 2015 229 58 71

88 104 112

Fiscal Year 2016

(People)

Aiming for a structure with

350

people

after 3 years

Of which, no. of employees in Tokyo area

POINT

Sa

le

s

(ye

n

)

O

rd

in

a

ry

in

co

me

(ye

n

)

Expand our market share in the Tokyo metropolitan area: Relocated to Ginza in

November 2016 and increased floor space

Further develop new services

(1) Personnel introduction business (2) Intern Jobs

Increase the number of employees: to 350 people after 3 years

Expand new bases and strengthen global services

(17)

Environment surrounding the Company

Reduction in labor force

Rise in effective job offer ratio and job offer ratio for university graduates

Propose new solutions

Achieve highly precise matching

Employment (labor force) is

seeing a decreasing trend

Hiring demand continues to increase

Aiming for long-term sales increase due to

shortage of young talented people

In addition

Scale factor of 1 or more ⇒ State of labor shortage

Risen for 5 consecutive years

Reached the high level seen before the 2008 financial crisis

<Effective job offer ratio> 2006 to 2015

<Change in employment by age> 15 to 64 years old

0.4

0.6

0.8

1.0

1.2

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Source: Ministry of Health, Labour and Welfare Source: Ministry of Health, Labour and Welfare Source: Recruit Works Institute

Source: Ministry of Internal Affairs and Communications

(Times)

(10,000 people)

<Effective job offer ratio> 2016, monthly

1.2

1.5

Jan Feb Mar Apr May Jun Jul Aug Sep 1.06 1.04

0.86

0.47 0.52

0.65 0.8

0.93

1.09 1.2

1.28 1.28 1.3

1.34

1.36 1.37 1.37 1.37 1.38

(Times)

<Scale factor of job offers for university graduates>

1.0

1.5

2.0

2.5

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 1.6

1.89

2.14 2.14

1.62 1.28 1.23

1.27 1.28

1.73 1.74 1.61

(%)

5,000

2007

2008

2009

2010

2011

2012

2013

2014

2015

5,889

5,856

5,750

5,728

5,718

5,675

5,676

5,670

5,646

6,000

5,800

5,600

5,400

(18)

The Company’s business model

Participation fee from companies carrying out recruitment activities is the main source of revenue

* It is not a model in which students and job seekers bear the expenses.

<Asagaku Navi/Re-Shukatsu/Employment Expo/Intern Jobs>

Companies

Posting/participating

in planning

Register/use

Provide

information

Proposal/

consulting

Fee

Gakujo

Asagaku Navi

Re-Shukatsu

Employment Expo

Intern Jobs

Job seekers

University

students

<Recruitment>

Companies

Introduction and

registration

Counseling,

introduction of job offer

Gakujo

Recruitment

Job seekers

University

students

Job offer

Introduction of

job seeker

Via Asagaku Navi and Re-Shukatsu

Contingency fee when joining a company

Fee

Using registered members of our site

Cost of acquiring registered members is

zero

Speedily introducing companies

<Public-sector products>

Government

agencies and

local

governments

Gakujo

Companies

Support for hiring and settling in

Employment support

Job seekers

University

students

Outsourcing

employment

solution business

Proposal/bid

Send invoice

for business costs (i.e., sales)

Carry out

business free

(19)

Corporate outline and history

Business domains

pOsaka Headquarters (Umeda, Kita-ku, Osaka)

pTokyo Head Office (Ginza, Chuo-ku)

pKyoto Branch Office (Shimogyou-ku, Kyoto)

pFukuoka Sales Office (Hakata-ku, Fukuoka)

pNagoya Branch Office (Sakae, Naka-ku, Nagoya)

Relocated in Sep. 2016

Relocated in Nov. 2016

Recruitment specializing in new graduates and young adults Recruitment

of workers

Employment Information Business

Career change information site

For people in their 20s

Graduate employment services Mid-career recruitment services Open services for graduate employment Individual services of graduate employment

Joint enterprise seminar

General recruitment outsourcing Timely targeted employment information Employment information site (PC/smartphone)

(Employment Expo)

(Asagaku Navi) (Asagaku Navi Inter Jobs)

(Re-Shukatsu)

Employment information magazines

Recruitment business contracts, data management,

pamphlets, direct marketing, and others

Gakujo’s Strong Points

Priv acy,First Priority

Renewed 9 times most in the industry

Entered into a capital and business tie-up agreement with the Asahi Shimbun and Asahi

Gakusei Shinbunsha

No.1 specialist in employment information for new graduates

No.1 Internet information service for those in their 20s who are trying to find employment or

change their career

Possession of data on more than 400,000 new graduates on a yearly basis

Wide range of corporate customers numbering approximately 3,000

Good reliability due to acquisition of Privacy Mark ahead of

competitors in same industry

Unique ability to develop products such as

(Asagaku Navi), (Re-Shukatsu), (Employment Expo), (excellence) and (Intern Jobs)

Steady management attaching importance to cash flow

Wide-ranging results in the fields of development of public human resources and employment support

Ministry of Economy, Trade and Industry; Ministry of Agriculture, Forestry and Fisheries; Ministry of Education; Cabinet Office; Small and Medium Enterprise Agency; Tokyo’s three bar associations; Tokyo City; Osaka City …And others

Creditworthiness ensured with support from Asahi Broadcasting Corporation and Sky-A

®朝日学情ナビ®

Corporate Outline

History

Name of corporation: GAKUJO Co., Ltd. Established: November 1977 CEO: Kiyokazu Nakai Capital: 1,500,000,000 yen

Number of employees: 229 *Including 220 regular employees (as of October 31, 2016) Offices: Osaka, Tokyo, Nagoya, Kyoto and Fukuoka

November 1977 Established “Mitaka Kikaku (predecessor of GAKUJO)” in Kita-ku, Osaka.

March 1983 Support was obtained from Asahi Broadcasting Corporation in the Employment Information Division. August 1989 The Tokyo Branch was established in Chuo-ku, Tokyo.

October 1990 The Nagoya Branch was established in Naka-ku, Nagoya.

November 1998 Authorized by the Japan Information Processing Development Center under the control of the Ministry of International Trade and Industry (now Ministry of Economy, Trade and Industry) to use the “Privacy Mark.”

July 1999 Authorized as a private employment agency by the Ministry of Labour (now Ministry of Health, Labour and Welfare).

April 2000 Trade name was changed to “GAKUJO, Co., Ltd.” May 2002 GAKUJO was listed on JASDAQ Market.

August 2002 Authorized as a temporary-employment agency by the Ministry of Health, Labour and Welfare. Head office building was constructed at Umeda 2-chome, Kita-ku, Osaka.

November 2003 The Tokyo Headquarters moved to Yurakucho, Chiyoda-ku, Tokyo. July 2004 The Kyoto Branch was established in Shimogyou-ku, Kyoto. February 2005 Moved the Nagoya Branch Office to Sakae, Naka-ku, Nagoya. September 2005 Listed on the Second Section of the Tokyo Stock Exchange. October 2006 Listed on the First Section of the

Tokyo Stock Exchange. April 2010 Moved the Tokyo Headquarters to

Akasaka, Minato-ku, Tokyo. July 2011 Joined the Japan Business

Federation.

March 2012 Moved the Nagoya Branch Office to Shinsakae-machi, Naka-ku, Nagoya. January 2013 Entered into a capital and business

tie-up agreement with the Asahi Shimbun and Asahi Gakusei Shinbunsha.

November 2013 Opened the Fukuoka Sales Office in Hakata-ku, Fukuoka.

March 2014 Moved the Tokyo Headquarters to Toranomon, Minato-ku, Tokyo. May 2015 Hands-on internship matching

service

Start of distributing “Asagaku Navi Intern Jobs”

March 2016 Start of distributing English version of “Asagaku Navi Intern Jobs September 2016 Relocated Nagoya Branch Office to

(20)

参照

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