Relo Group, Inc. Provides Dividend Guidance for the Full Year Ending March 31, 2019; Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
November 07, 2018
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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 six months ended September 30, 2018. For the period, the company reported sales of JPY 122,642 million compared to JPY 110,218 million a year ago. Operating profit was JPY 8,687 million compared to JPY 7,188 million a year ago. Recurring profit was JPY 9,355 million compared to JPY 7,711 million a year ago. Net income attributable to parent shareholders was JPY 6,225 million compared to JPY 5,070 million a year ago. Diluted net income per share was JPY 38.31 compared to JPY 33.61 a year ago. Profit before income taxes was JPY 9,320 million compared to JPY 7,666 million a year ago.
The company provided earnings guidance for the year ending of March 31, 2019. For the period, the company expects operating revenue to be of JPY 250,000 million. Operating profit expected to be of JPY 18,400 million. Recurring profit expected to be of JPY 20,000 million. Net income attributable to parent shareholders expected to be of JPY 12,500 million. Net income per share expected to be of JPY 83.80.
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 Six Months Ended September 30, 2018; Provides Earnings Guidance for the Year Ending March 31, 2019
RELO GROUP, INC. 
