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リログループ---2Qは2ケタ以上の増収増益、主力のリロケーション事業が2ケタ増収増益に

Liro Group --- In the second quarter, double-digit growth and profit increase, with the main relocation business achieving double-digit growth and profit increase.

Fisco Japan ·  13:46

Relo Group <8876> announced consolidated financial results for the 2nd quarter (24/4/9) of the fiscal year ending 2025/3 on the 7th. Sales revenue increased 10.9% from the same period last year to 70.073 billion yen, operating profit increased 25.1% to 15.664 billion yen, profit before income tax increased 190.6% to 37.899 billion yen, and interim profit attributable to owners of parent companies increased 273.6% to 32.972 billion yen.

The relocation business had sales revenue of 48.408 billion yen (up 10.6% from the same period last year) and operating profit of 8.834 billion yen (up 14.3% from the same period). Management fee income increased as the number of managed units in the leased company housing management business exceeded the same period last year, and the number of cases of use of relocation support services due to property searches, etc., increased. In the rental management business, the number of managed units exceeded the same period last year, and in addition to the fact that the stock infrastructure was built up steadily, the operation of serviced apartments in North America remained strong in the overseas assignment support business.

In the welfare business, sales revenue was 13.384 billion yen (up 9.6% from the same period last year) and operating profit was 5.952 billion yen (up 7.6% from the same period). The acquisition of new members in welfare agency services progressed, and in addition to an increase in membership fee income, housing rush services were doing well.

In the tourism business, sales revenue was 7.72 billion yen (up 14.9% from the same period last year) and operating profit was 2.899 billion yen (up 146.2% from the same period). In addition to an increase in the average unit price of a hotel guest room, business performance remained strong due to revenue contributions from newly opened facilities. Additionally, there was a sale of the facility during this interim consolidated accounting period.

Other businesses had sales revenue of 0.56 billion yen (up 11.9% from the same period last year) and operating loss of 0.086 billion yen (loss of 0.116 billion yen in the same period last year). We are developing finance-related businesses, etc. by utilizing the foundation of our main business.

Regarding the full-year consolidated earnings forecast for the fiscal year ending March 31, 2025, we have left the initial plan where sales revenue is 140 billion yen, up 5.6% from the previous fiscal year, operating income is 30 billion yen, up 8.6% from the same period, profit before income taxes is 48 billion yen, and net income attributable to owners of the parent company is 33 billion yen.

The translation is provided by third-party software.


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