Relo Group, Inc. Reports Earnings Results for the Year Ended March 31, 2020
May 22, 2020 at 07:00 am
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Relo Group, Inc. reported earnings results for the year ended March 31, 2020. Net sale were JPY 313,019 million compared to JPY 250,864 million a year ago. Net income attributable to owners of parent was JPY 3,818 million or JPY per share compared to JPY 10,281 million or JPY per share a year ago.
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.