Relo Group (8876) investor relations material

Executive summary

• Revenue grew 4.1% year-over-year to ¥72,929 million, driven by strong stock business and growth in managed units and employee members in core businesses.

• Operating profit declined 5.2% year-over-year to ¥14,852 million due to timing of asset sales, upfront investments for the new Medium-term Management Plan, and absence of prior-year investment gains.

• Profit before income taxes and net income fell sharply year-over-year, mainly due to one-time gains in the prior year.

• The company launched the Fourth Olympic Plan, focusing on human capital, labor shortages, and seniors/inheritance.

Financial highlights

• Revenue: ¥72,929 million (+4.1% YoY); Operating profit: ¥14,852 million (−5.2% YoY).

• Net income: ¥10,166 million (−69.2% YoY, due to prior year’s one-time gain); Adjusted net income: ¥10,166 million (−5.5% YoY).

• Profit before income taxes: ¥14,918 million (−60.6% YoY, or −4.9% YoY adjusted).

• Basic EPS: ¥67.67 (down from ¥216.52 YoY).

Outlook and guidance

• FY2026/3 revenue projected at ¥150,000 million (+5.0% YoY); operating profit at ¥31,400 million (+3.2% YoY).

• Net income forecasted to decrease to ¥21,000 million (−51.5% YoY) due to absence of prior year’s extraordinary gains.

• No change to previously announced business forecasts.

• Double-digit growth in stock sales expected to offset higher fixed costs from human resource investments.