The Tokyo office of Simpson Thatcher recently represented Recruit Holdings Co., Ltd. (“Recruit”) in connection with its initial public offering on the Tokyo Stock Exchange and global offering to institutional investors pursuant to Rule 144A and Regulation S under the Securities Act. Recruit sold 21,589,600 shares in the international offering, with an additional 6,000,000 shares sold by the selling shareholders in the international offering.

With a unique portfolio of well-recognized, competitive brands developed over more than 50 years of operating history in Japan, Recruit is the leading marketing media platform and HR-related service provider in Japan.

The international joint lead managers for the international offering were Morgan Stanley & Co. International plc, Nomura International plc, Merrill Lynch International, Mizuho International plc and SMBC Nikko Capital Markets Limited.

The Simpson Thacher team for the transaction included Takahiro Saito and Nirav Mehta (Capital Markets – Tokyo); and Rob Holo and Jodi Sackel (Tax – New York).