Relo Group, Inc. Provides Fiscal Year End Dividend Guidance for the Year Ending March 31, 2020; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
February 07, 2020 at 01:00 am EST
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Relo Group, Inc. announced dividend guidance for the year ending March 31, 2020. For the year, the company expects to pay dividend of JPY 29.00 against JPY 26.00 a year ago.
For the period, the company reported sales of JPY 226,768 million against JPY 183,409 million a year ago. Operating profit was JPY 12,173 million against JPY 12,244 million a year ago. Net income was JPY 10,098 million against JPY 9,195 million a year ago. Net income per share were JPY 65.01 against JPY 61.11 a year ago. Diluted earnings per share were JPY 59.33 against JPY 56.03 a year ago.
For the year ending March 31, 2020, the company expects operating revenue of JPY 280,000 million, net income attributable to owners of parent 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. Provides Fiscal Year End Dividend Guidance for the Year Ending March 31, 2020; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
RELO GROUP, INC. 
