Relo Holdings, Inc. Announces Unaudited Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2016; Expects to Pay Year End Dividend for the Fiscal Year Ending March 31, 2017; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2017
May 12, 2016 at 11:00 am EDT
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Relo Holdings, Inc. announced unaudited consolidated and non-consolidated earnings results for the full year ended March 31, 2016. For the period, the consolidated company reported operating revenue of ¥183,280 million, operating income of ¥10,840 million, recurring profit income of ¥11,854 million, net profit attributable to parent shareholders of ¥7,158 million or net income per diluted share of ¥478.18 compared to operating revenue of ¥160,050 million, operating income of ¥8,746 million, recurring profit income of ¥9,863 million, net profit of ¥6,085 million or net income per diluted share of ¥399.73 for the same period last year. ROE was 22.4% against 21.2% a year ago. ROA was 15.4% against 15.5% a year ago. Cash flow from operating activities was ¥3,993 million against ¥6,576 million a year ago. Income before income taxes was ¥11,172 million against ¥9,338 million a year ago.
For the period, the non-consolidated company reported operating revenue of ¥4,405 million, operating income of ¥2,522 million, recurring profit income of ¥2,678 million, net profit of ¥2,440 million or net income per share of ¥147.94 compared to operating revenue of ¥3,739 million, operating income of ¥2,249 million, recurring profit income of ¥2,461 million, net profit of ¥2,148 million or net income per share of ¥167.94 for the same period last year. In the fiscal year ended March 31, 2016, operating revenue, operating profit, recurring profit, and net income increased from the previous period, mainly due to increased dividend income from subsidiaries.
The company expects to pay year end dividend of ¥170.00 per share for the fiscal year ending March 31, 2017.
For the first half of fiscal year ending March 31, 2017, the consolidated company expects revenue of ¥97,000 million, operating income of ¥5,500 million, profit before taxes of ¥5,800 million, net profit attributable to owners of the parent of the company of ¥3,800 million or net income per share of ¥255.30.
For the full year of fiscal year ending March 31, 2017, the consolidated company expects revenue of ¥202,000 million, operating income of ¥13,000 million, profit before taxes of ¥13,800 million, net profit attributable to owners of the parent of the company of ¥8,200 million or net income per share of ¥550.30.
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 Holdings, Inc. Announces Unaudited Consolidated and Non-Consolidated Earnings Results for the Full Year Ended March 31, 2016; Expects to Pay Year End Dividend for the Fiscal Year Ending March 31, 2017; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2017
RELO GROUP, INC. 
