Relo Group (8876) investor relations material

Executive summary

• For the three months ended June 30, 2026, revenue rose 9.0% YoY to ¥38,959 million, operating profit rose 11.8% to ¥7,174 million, and profit attributable to owners rose 18.4% to ¥5,228 million.

• Growth was supported by increased managed units in Leased Corporate Housing and Property Management, alongside steady expansion in Outsourcing.

• Finance income included a ¥342 million gain from convertible bond price adjustments.

Financial highlights

• Gross profit rose to ¥17,964 million from ¥16,569 million YoY; basic EPS was ¥34.48 and diluted EPS was ¥33.26.

• Profit before income taxes reached ¥7,519 million, up 17.1% YoY.

• Total assets were ¥316,457 million, down from ¥324,288 million at the previous fiscal year-end; quarter-end cash and equivalents were ¥55,405 million, down ¥7,992 million from March 31, 2026.

• Equity ratio attributable to owners of parent was 24.7%, down from 26.1% at March 31, 2026.

Outlook and guidance

• FY2027/3 forecast: revenue ¥165,000 million, up 9.2%; operating profit ¥34,000 million, up 10.3%; profit before taxes ¥33,600 million, up 8.6%; net income ¥22,500 million, up 8.9%.

• Previously announced forecasts were unchanged; annual dividend forecast is ¥75 per share.

• FY2027/3 segment plans include Tourism revenue growth of 18.9% and operating profit growth of 28.9%; Residential Property Management operating profit is planned to rise 11.1%.

• FY2029/3 targets include 10 million fringe-benefit members, 344,000 managed corporate housing units, 204,000 property-management units, and 15,000 global relocation households.