ABSTRACT
Recruit had prospered since its inception. In 1987, it claimed twenty-seven subsidiaries, sixty-two hun dred employees, and sales of 350 billion yen. Nearly 35 percent of company stock was held by a subsidi ary, Recruit Cosmos Company; its founder, Ezoe, held 4.5 million shares. Other major stockholders included the vast majority of Japan’s trust banks and city banks.
