Relo Group, Inc. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
May 14, 2019 at 02:00 am EDT
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Relo Group, Inc. reported consolidated earnings results for the year ended March 31, 2019. For the year, the company reported sales of JPY 250,864 million against JPY 225,437 million a year ago. Operating profit was JPY 17,867 million against JPY 15,359 million a year ago. Net income was JPY 13,211 million against JPY 10,867 million a year ago. Net income per share was JPY 87.20 against JPY 71.91 a year ago. Diluted net income per share was JPY 78.90 against JPY 71.16 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2020. For the period, the company expects consolidated operating revenue of JPY 280,000 million and net income attributable to parent shareholders of JPY 14,100 million or JPY 93.50 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. Reports Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020
RELO GROUP, INC. 
