Launching the recruiting magazine An Invitation to Companies (1962)
The invention of “making information pay through advertising”
The heart of this launch was not the single magazine itself but the invention of a business form: gathering job information into one publication funded entirely by advertising fees from the companies listed in it. Students received the information, companies gained a point of contact with talent, and advertisers bore the cost. By meshing three parties’ interests on a single booklet, Recruit turned from an agency that placed advertising into others’ media into the side that owned the very place where information collects. Designing a place where individuals and companies meet and drawing value from both — the prototype of the structure later called the “ribbon model” can be seen to have begun in this one magazine from a tiny company.
That said, in 1962 the people involved almost certainly did not foresee that this would become the starting point of a company worth trillions of yen. To gather advertisers for an unknown booklet, there was nothing for it but to visit each prospect in person, bow, and even ask customers about the content of the pages themselves; the launch stood on an accumulation of gritty door-to-door selling. Even so, the form — concentrating the information of a particular field and making it pay through advertising — carried a universality transplantable to life domains such as housing, job-changing and used cars. This one magazine, which asked first “how to design the place where information collects” before chasing scale, was the choice that fixed the character of the company called Recruit at an early stage.
Revenue and net margin, FY1957–FY1967
Revenue in ¥ bn (bars) and net margin in % (line), for the years around the decision. Shaded columns are FY1962 onwards — after it was taken.
Source: securities reports
Read the full dossier in Japanese →
The Japanese edition carries the complete record of this decision — the situation that forced it, the options weighed, what actually followed, and the sources behind every claim.
Other key decisions at Recruit Holdings
Yen amounts are converted at the average rate of each figure’s own year — not today’s rate; the revenue chart is shown in yen. Exchange rates & sources — the full ¥/US$ table →
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Data API
Recruit Holdings’s history, financials, executives and
shareholders are published as static JSON — no key, plain GET.
Full specification →
| Method | Endpoint | Returns |
|---|---|---|
| GET | /api/companies.json | All companies |
| GET | /api/6098/manifest.json | Resource index |
| GET | /api/6098/history.json | History overview |
| GET | /api/6098/timeline.json | Chronology |
| GET | /api/decisions.json | All management decisions (index) |
| GET | /api/6098/decisions.json | Management decisions (index) |
| GET | /api/6098/decisions/{slug}.json | One decision (full dossier) |
| GET | /api/6098/executives.json | Executives |
| GET | /api/6098/shareholders.json | Major shareholders |
| GET | /api/6098/financials.json | Financial statements |
| GET | /api/6098/financials-longterm.json | Long-term results |
| GET | /api/6098/segments.json | Business segments |
| GET | /api/6098/regions.json | Sales by region |
| GET | /api/6098/workforce.json | Workforce |