Relo Group, Inc.
8876・Prime Market・Services
Relocation Business
Core BtoB outsourcing segment bundling employee benefits, leased company housing management, and overseas assignment support
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (external customers, segment total) | ¥80,769 million | ¥74,222 million | ↑ |
| Revenue (including inter-segment, total) | ¥81,278 million | ¥74,676 million | ↑ |
| Operating profit (segment profit) | ¥22,899 million | ¥22,154 million | ↑ |
| Operating margin (segment profit ÷ external revenue) | 28.3% | 29.8% | ↓ |
| Revenue YoY change | +8.8% | – | ↑ |
| Operating profit YoY change | +3.4% | – | ↑ |
Business Details
The core BtoB segment operating Welfare Benefits Outsourcing Service, Customer Benefits Outsourcing Service, Home Emergency Response Service, Leased Company Housing Management Outsourcing, Overseas Assignment Support, and other services. It helps companies reduce operational burden and costs while comprehensively supporting employees' daily lives. With a stock-type revenue base built on membership numbers and managed units, it is the group's largest segment, accounting for approximately 53% of consolidated revenue. From FY2026 (ending March 2026), this is a new category formed by integrating and reorganizing the former "Relocation Business" and "Employee Benefits Business."
Recent Overview
Revenue and profit increased on the back of stock accumulation in membership and managed units; revenue rose 8.8% YoY
In FY2026 (ending March 2026), the Welfare Benefits Outsourcing Service saw continued new member acquisition, increasing membership fee income, while the number of managed units in the leased company housing management business exceeded the prior year, boosting management fee income and the number of relocation support service usages. As a result, the segment achieved revenue of ¥80,769 million (up 8.8% YoY) and operating profit of ¥22,899 million (up 3.4% YoY), both increasing. Note that this segment has been disclosed since Q1 FY2026 (ending March 2026) as a new category formed by integrating and reorganizing the former "Relocation Business" and "Employee Benefits Business."
Key Products
Growth Drivers
- Continued new member acquisition in the Welfare Benefits Outsourcing Service driving stock-type expansion of membership fee income
- Continued accumulation of leased company housing managed units, increasing management fee income and the number of relocation support service usages
- Growing needs among Japanese companies for productivity improvement and enhanced employee benefits amid worsening labor shortages
- Sustained high level of demand for overseas assignment support as Japanese companies accelerate global expansion
- Expansion of the BtoB outsourcing business through focused investment in "human capital investment" and "labor shortage" areas under the medium-term management plan "Fourth Olympic Strategy"
Risks
- Discontinuity in historical comparability with the former segment categories due to segment reorganization (integration of the former "Relocation Business" and "Employee Benefits Business" into "Outsourcing Business" from FY2026 (ending March 2026))
- Potential impact on leased company housing managed units and relocation support usage from corporate restraint on transfers and assignments due to economic fluctuations
- Intensifying competition for membership and managed unit acquisition amid heightened competition in the leased company housing management and welfare benefits outsourcing markets
- Risk of fluctuation in the number of households supported in the overseas assignment support business (e.g., changes in corporate overseas expansion policies)
- Information security risk inherent to a business handling large volumes of personal information and corporate confidential information
Last updated: June 19, 2026