Relo Holdings, Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
February 09, 2016 at 10:00 am
Share
Relo Holdings, Inc. reported consolidated earnings results for the nine months ended December 31, 2015. For the nine months, the company reported operating revenues of JPY 35,970 million against JPY 116,089 million a year ago. Operating profit was JPY 7,483 million against JPY 6,041 million a year ago. Recurring profit was JPY 8,156 million against JPY 6,734 million a year ago. Net income attributable to parent shareholders was JPY 5,322 million or JPY 355.04 per diluted share against JPY 4,396 million or JPY 293.50 per diluted share a year ago. Income before income taxes was JPY 8,152 million against JPY 6,746 million a year ago.
For the fiscal year ending March 31, 2016, the company expects consolidated operating revenues of JPY 177,000 million, operating profit of JPY 10,500 million, recurring profit of JPY 11,300 million and net income of JPY 7,000 million or JPY 469.23 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, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
RELO GROUP, INC. 
