Relo Holdings, Inc. reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
February 09, 2017 at 10:00 am EST
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Relo Holdings, Inc. reported consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company reported operating revenues of JPY 148,519 million against JPY 135,970 million a year ago. Operating profit was JPY 8,513 million against JPY 7,483 million a year ago. Recurring profit was JPY 9,015 million against JPY 8,156 million a year ago. Net income attributable to parent shareholders was JPY 6,082 million or JPY 403.80 per diluted share against JPY 5,322 million or JPY 355.04 per diluted share a year ago. Income before income taxes was JPY 8,981 million against JPY 8,152 million a year ago.
For the fiscal year ending March 31, 2017, the company expects consolidated operating revenues of JPY 202,000 million, operating profit of JPY 13,200 million, recurring profit of JPY 14,100 million and net income of JPY 9,000 million or JPY 600.00 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 Holdings, Inc. reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Full Year Ending March 31, 2017
RELO GROUP, INC. 
