Relo Group (8876) investor relations material

Executive summary

• Revenue increased 5.7% year-over-year to ¥151,074 million, with operating profit up 1.2% to ¥30,815 million.

• Profit before income taxes dropped 41.5% year-over-year due to a prior-year gain on sale of equity-method investments; profit attributable to owners fell 52.3%.

• The company launched a four-year medium-term management plan, the Fourth Olympic Plan, focusing on human capital, labor shortages, and seniors/inheritance.

Financial highlights

• Basic earnings per share declined to ¥137.11 from ¥286.85 year-over-year.

• Total assets rose to ¥324,288 million, and equity attributable to owners increased to ¥84,568 million.

• Cash and cash equivalents at year-end were ¥63,398 million, down ¥623 million from the previous year.

• Net cash from operating activities was ¥22,541 million; investing activities used ¥8,870 million; financing activities used ¥14,948 million.

Outlook and guidance

• Fiscal year ending March 31, 2027 guidance: revenue ¥165,000 million (+9.2%), operating profit ¥34,000 million (+10.3%), profit attributable to owners ¥22,500 million (+8.9%), EPS ¥148.56.

• ROE target raised to 25–30% in the new medium-term plan, with a progressive dividend policy and a total return ratio target of 60%.