Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Relo Group, Inc.
  6. News
  7. Summary
    8876   JP3755200007

RELO GROUP, INC.

(8876)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Relo : BOJ cuts inflation forecast, warns of soft consumption as pandemic pain lingers

04/26/2021 | 11:20pm EDT
FILE PHOTO: A man wearing a protective mask stands in front of the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo

TOKYO (Reuters) - The Bank of Japan on Tuesday cut this fiscal year's consumer inflation forecast and warned of lingering risks to the economic outlook as the COVID-19 pandemic continues to hurt consumption.

As widely expected, the BOJ maintained its short-term interest rate target at -0.1% and that for 10-year government bond yields around 0%.

"The pick-up in consumption is stalling as downward pressure on service spending, such as for dining and accommodation, is strengthening," the central bank said in a quarterly report on the economic and price outlook.

In its fresh quarterly projections, the BOJ said it expects core consumer inflation to hit 0.1% in the current fiscal year that began in April. That was lower than 0.5% projected in January.

The BOJ now expects core consumer inflation to hit 0.8% the following year and 1.0% in fiscal 2023.

(Reporting by Leika Kihara, Tetsushi Kajimoto and Daniel Leussink; Editing by Chang-Ran Kim)


© Reuters 2021
All news about RELO GROUP, INC.
04/26RELO  : BOJ cuts inflation forecast, warns of soft consumption as pandemic pain ..
RE
03/30RELO GROUP, INC. : Ex-dividend day for final dividend
FA
03/26RELO  : Raises Earnings Forecast for FY20, Discloses Dividend Estimate
MT
03/25RELO  : Notice of Revision of Results Estimate and Dividend Estimate
PU
02/07RELO  : Attributable Nine-Month Net Income Declines Nearly 32%; Shares Fall 4%
MT
2020RELO  : Extends Medium-Term Management Plan
MT
2020RELO GROUP, INC. : Ex-dividend day for final dividend
FA
2019RELO GROUP INC : Ex-dividend day for final dividend
FA
2018RELO GROUP INC : Ex-dividend day for final dividend
FA
2017RELO GROUP INC : SPLIT: 10 of 1
FA
More news
Financials
Sales 2021 327 B 3 005 M 3 005 M
Net income 2021 8 602 M 79,0 M 79,0 M
Net Debt 2021 67 784 M 623 M 623 M
P/E ratio 2021 40,7x
Yield 2021 0,78%
Capitalization 350 B 3 221 M 3 211 M
EV / Sales 2021 1,28x
EV / Sales 2022 1,18x
Nbr of Employees 4 280
Free-Float 73,3%
Chart RELO GROUP, INC.
Duration : Period :
Relo Group, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RELO GROUP, INC.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 2 835,71 JPY
Last Close Price 2 313,00 JPY
Spread / Highest target 38,3%
Spread / Average Target 22,6%
Spread / Lowest Target -13,5%
EPS Revisions
Managers and Directors
NameTitle
Kenichi Nakamura President & Representative Director
Masanori Sasada Chairman
Takeshi Kawano Director & Chief Information Officer
Takashi Onogi Independent Outside Director
Kazuya Udagawa Independent Outside Director