Recruit Holdings Co. gained the most since its 2014 listing, after it reported stronger-than-expected earnings and raised forecast, as the company’s shift toward artificial intelligent buoyed its HR technology business.
Shares of the Japanese job site operator gained as much as 17% in Tokyo trading Friday. Operating profit rose 16% to ¥313 billion ($2 billion) for the six months ended September, from sales of ¥1.79 trillion, the operator of Indeed and Glassdoor employment platforms said Thursday, after markets in Tokyo closed.