Relo Group (8876) Q1 2027 earnings summary

Executive summary

• Revenue rose 9.0% year-over-year to 38,959 million yen for the three months ended June 30, 2026, with operating profit up 11.8% to 7,174 million yen and profit attributable to owners up 18.4% to 5,228 million yen.

• Growth was driven by increased units under management in the Leased Corporate Housing and Property Management businesses, and steady expansion in the Outsourcing segment.

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

Financial highlights

• Gross profit increased to 17,964 million yen from 16,569 million yen year-over-year.

• Basic earnings per share rose to 34.48 yen from 29.50 yen, and diluted EPS to 33.26 yen from 27.97 yen.

• Total assets decreased to 316,457 million yen from 324,288 million yen at the previous fiscal year-end.

• Cash and cash equivalents at quarter-end were 55,405 million yen, down 7,992 million yen from March 31, 2026.

Outlook and guidance

• Full-year revenue forecast is 165,000 million yen (up 9.2% year-over-year), with operating profit projected at 34,000 million yen (up 10.3%) and profit attributable to owners at 22,500 million yen (up 8.9%).

• No change to previously announced business forecasts.

• Annual dividend forecast is 75.00 yen per share.