Relo Group, Inc. Provides Dividend Guidance for the Full Year Ending March 31, 2019; Reports Consolidated Earnings Results for the Nine Months Ended Dec. 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019
February 07, 2019 at 01:00 am EST
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Relo Group, Inc. provided dividend guidance for the full year ending March 31, 2019. For the year, the company expects to pay a year-end dividend of JPY 25.00 per share compared to JPY 22.00 per share paid last year.
The company reported consolidated earnings results for the nine months ended Dec. 31, 2018. For the period, the company reported sales of JPY 183,409 million compared to JPY 165,405 million a year ago. Operating profit was JPY 12,244 million compared to JPY 10,291 million a year ago. Recurring profit was JPY 13,539 million compared to JPY 11,151 million a year ago. Net Income attributable to parent shareholders was JPY 9,112 million or JPY 61.11 per diluted share compared to JPY 7,333 million or JPY 48.90 per diluted share a year ago. Diluted net income per share was JPY 56.03 compared to JPY 48.60 a year ago. Net income was JPY 9,195 million compared to JPY 7,402 million a year ago.
For the fiscal year ending March 31, 2019, the company expects consolidated operating revenue 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.
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. Provides Dividend Guidance for the Full Year Ending March 31, 2019; Reports Consolidated Earnings Results for the Nine Months Ended Dec. 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019
RELO GROUP, INC. 
