Relo Group, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023
May 12, 2022 at 02:00 am EDT
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Relo Group, Inc. provided consolidated earnings guidance for the year ending March 31, 2023. The company expects revenue of JPY 125,000 million, operating profit of JPY 22,400 million, profit attributable to owners of the parent of JPY 15,800 million and basic earnings per share of
JPY 103.25.
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.