Relo Group, Inc. announced consolidated earnings results for the first quarter ended June 30, 2018. For the quarter, the company reported sales of JPY 60,271 million compared to JPY 55,445 million a year ago. Operating profit was JPY 3,961 million compared to JPY 3,521 million a year ago. Recurring profit was JPY 4,088 million compared to JPY 3,703 million a year ago. Profit before tax was JPY 4,073 million compared to JPY 3,694 million a year ago. Net income attributable to parent shareholders was JPY 2,689 million or JPY 16.46 per diluted share compared to JPY 2,426 million or JPY 16.06 per diluted share a year ago.

The company provided earnings guidance for the first half and full year of fiscal year ending March 31, 2019. For the first half of fiscal 2019, the company expects to report operating revenues of JPY 121,000 million, operating profit of JPY 8,200 million, recurring profit of JPY 9,000 million and net income attributable to parent shareholders of JPY 5,900 million or JPY 39.50 per share.

For the full year of fiscal 2019, the company expects to report operating revenues of JPY 250,000 million, operating profit of JPY 18,400 million, recurring profit of JPY 20,000 million and net income attributable to parent shareholders of JPY 12,500 million or JPY 83.80 per share.