Job search site Indeed.com acquired by Recruit Co. Ltd

Even after the Recruit scandal[1], Recruit still has pretty much an absolute monopoly on HR in Japan. Their massive recruiting events are the primary method of finding a job. At the events, applicants are commoditized by filling out forms with the same subset of credentials, everyone wears pretty much the same suit, and even those with naturally lighter hair dye it black. Recruiting events for students and recent grads are separate from those for the previously employed (which are not as well attended by major companies). They're a major contributor to the status quo in Japan where high school and college names are the most important credential (which makes entrance exam scores of the utmost importance), introductory pay is low, and where those who leave a previous job have a difficult time finding a new one.

[1] http://en.wikipedia.org/wiki/Recruit_scandal

Recruit is one of those huge companies that people don't know about outside of Japan, another one being Rakuten. These companies (as well as Tencent, Baidu, etc.) are starting to set their sights on Silicon Valley and I think you're going to see some pretty aggressive moves from them as they try to catch up with (or outright buy out) US companies.

Potentially relevant, the new parent (Recruit) intends on going public soon [1]

[1] http://www.yomiuri.co.jp/dy/business/T120626005277.htm

Indeed.com was pretty much trash anyway. Maybe they can sell it as a write-off