#Japan #Tokyo #EISHIN #Candidate Experience #JAFCO

EISHIN Achieves Series A Funding Milestone

In its sixth year of operation, EISHIN Co., Ltd., has successfully completed a Series A funding round with the venture capital firm JAFCO. This remarkable achievement reflects the company's positioning as a leader in the candidate experience (CX) segment of the recruitment industry. Focused on resolving hiring challenges for businesses, EISHIN reported a staggering compound annual growth rate (CAGR) of approximately 86%. In its fifth fiscal year, the company reached revenues of 1.2 billion yen, marking a significant milestone as it aspires to be the number one partner in recruitment solutions.

Purpose of the Funding

The funds raised will be strategically allocated towards enhancing the company's proprietary product, the "Candidate Experience Cloud". By bolstering its development framework, EISHIN aims to incorporate new functionalities and improve existing ones effectively. The primary mission is to develop tools capable of visualizing hiring effectiveness and enriching the candidate experience, addressing critical industry challenges.

Additionally, EISHIN intends to ramp up its recruitment efforts across various departments, logistics, and a newly established business unit, focusing on hiring sales personnel, engineers, marketers, and back-office staff. As the company expands its footprint, investing in human resources has become one of its paramount objectives. The firm plans to emphasize a robust media exposure strategy, enhance hiring branding, and refine compensation structures to attract top talent.

Comments from Leadership

Daishi Igarashi, the CEO of EISHIN, expressed gratitude towards JAFCO for recognizing and valuing the potential of EISHIN's recruitment support business and team. He highlighted the critical nature of recruitment as the backbone of management, noting the persistent challenges many companies face in this area. Igarashi emphasized the need to delve into the fundamental requirements of clients and the recruitment market to generate unprecedented value in the hiring landscape over time.

The principal of JAFCO Group, Illya Takahashi, remarked on the evolving relationship between corporations and employees, indicating a shift towards a paradigm where companies must be chosen. He stressed that the proactive and diversified approach to recruitment is essential in today's landscape. However, the increasing number of recruitment channels has added to the burden on recruiters, making it challenging to deliver results within limited budgets. EISHIN’s profound understanding of the essential challenges in the hiring market and its expertise positions it as a rare yet valued partner, and JAFCO anticipates that this funding will bolster EISHIN's solutions to empower more enterprises.

EISHIN's Recruitment Initiatives

EISHIN is actively searching for talented individuals who share its passion for driving business growth. With the ambition to match every organization with the ideal candidates, the company is on its way to becoming the leading player in the recruitment market. Currently, EISHIN is in a growth phase, establishing various enterprises and rapidly scaling up.

The company's structured division of labor allows professionals in sales (hiring CX consulting), creative directing, engineering, design, and marketing to focus on their respective areas of expertise. This strategy fosters high productivity and successful outcomes while ensuring clients receive specialized recruitment consulting and support that meets their needs.

If you’re looking for an opportunity to join a growing company on the path to an IPO, consider EISHIN. For more details on career opportunities, visit our dedicated recruitment site: EISHIN Recruitment.

Company Overview

• - Company Name: EISHIN Co., Ltd.
• - Headquarters: 3-14-35 Kamiosaki, Shinagawa-ku, Tokyo, Japan, 3rd Floor, Yamanote Building
• - CEO: Daishi Igarashi
• - Established: January 15, 2020
• - Business Description: Corporate website | Candidate Experience Cloud service | Recruitment Pitch examples | Client case studies