Relo Group, Inc. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
November 07, 2019 at 01:00 am EST
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Relo Group, Inc. announced consolidated earnings results for the six months ended September 30, 2019. Sales were JPY 148,568 million compared to JPY 122,642 million a year ago. Operating profit was JPY 8,878 million compared to JPY 8,687 million a year ago. Net income was JPY 6,515 million compared to JPY 6,286 million a year ago. Net income per share was JPY 42.09 compared to JPY 41.75 a year ago. Diluted net income per share was JPY 38.27 compared to JPY 38.31 a year ago.
For the full year ending March 31, 2020, the company expects consolidated operating revenue of JPY 280,000 million, net income attributable to parent shareholders of JPY 14,100 million and net income per share of JPY 93.50.
Relo Group Inc is engaged the provision of outsourcing services in the field of corporate welfare, as well as the rental management business and hotel management business. The Company operates in five business segments. The Domestic Relocation segment is involved in the provision of leasing company housing management outsourcing services, and the rental real estate management & brokerage business. The Welfare segment is involved in the provision of welfare agency services, customer benefit agency services, and home rush services. The Transfer Support segment provides the overseas assignment support, inbound support, expatriate staff regulations and treatment consulting services. The Overseas segment provides assignment management services for global companies, as well as overseas local services. The Tourism segment is involved in the holiday home time sharing business and hotel management business. The Company also conducts financial-related businesses of its core businesses.
Relo Group, Inc. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
RELO GROUP, INC. 
