Relo Group

What Relo Group does

Relo Group, Inc. (株式会社リロググループ, TSE Prime: 8876) is a Tokyo-headquartered Japanese public company that has operated comprehensive relocation and corporate housing services since 1984, originally founded in 1967 as Japan Kenso Co., Ltd. The company runs five core business segments: (1) Fringe Benefit Outsourcing through the Club Off platform, serving 11M members across 13,000+ corporate clients with 100,000+ service menu items; (2) Leased Corporate Housing Management via the Reliance brand, managing 300,000+ housing units under multi-year enterprise contracts; (3) Overseas Relocation Support, handling 7,000-10,000 household relocations annually with on-the-ground infrastructure in Vietnam, Laos, Myanmar, Uzbekistan, and Kyrgyz Republic via JICA partnerships; (4) Residential Property Management, operated through 100+ stores and built via 60+ acquisitions since 2010; and (5) Tourism, including resort timeshare and hotel/ryokan revitalization through the Relo Hotel Solutions subsidiary. The group consolidates 77 subsidiaries and 3,451 employees as of FY ending March 2026.

The company's underlying technology stack centers on Relo Net, a proprietary corporate housing and benefits platform operational since 2000, plus digital extensions including the Relo Health App and HR365 content platform. Its business model combines recurring subscription revenue (Club Off membership fees from corporate clients), long-duration housing lease and property management contracts (Reliance and residential property), and transactional fees on relocation services. The company pursues growth through a deliberate M&A roll-up strategy, particularly in rental management, complemented by the April 2022 transition to the TSE Prime Market and the recently launched Fourth Olympic Plan medium-term management plan for FY ending March 2026.

For FY ending March 2026, Relo reported IFRS revenue of ¥1,510.74 billion (~$10B USD), profit before tax of ¥309.43 billion, and profit attributable to owners of ¥206.65 billion. The company has no disclosed AI/ML capabilities; its digital products are characterized as service platforms rather than AI systems. Strategic positioning emphasizes being "Japan's only comprehensive" relocation provider, with cross-segment bundling designed to anchor single corporate relationships across multiple HR and employee-spend use cases.

Name

Relo Group

Legal name

株式会社リログループ

Website

https://relo.jp

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Relo Group is a TSE Prime-listed Japanese provider of comprehensive relocation, corporate housing, and fringe benefit services, operating across five segments with 11M Club Off members, 300,000+ Reliance housing units, and overseas relocation infrastructure in five countries, serving 13,000+ corporate clients.

Ownership category

akta.pro rank

Product category

Corporate Housing and HR Outsourcing Services

NAICS

Services to Buildings and Dwellings (5617), Facilities Support Services (561210), All Other Support Services (561990)

SIC

Services-Facilities Support Management Services (8744), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Corporate Extended-Stay Housing (Relocation & Project-Based) (THAMAFAA)

akta.pro secondary industry

Donation, Consignment & Resale Coordination (HSAFAFAG)

Keywords

• Corporate housing management
• Employee fringe benefits
• Global relocation services
• Residential property management
• Resort timeshare services

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Fringe Benefit Outsourcing (福利厚生事業): Provides comprehensive employee benefit services including leisure, accommodation, childcare, and wellness programs. Revenue comes from corporate clients subscribing to the benefit platform, offering over 100,000 service menu options to employees of client companies.
2. Leased Corporate Housing Management (借上社宅管理事業): Full outsourcing service for corporate housing management using subletting model. Manages approximately 300,000 leased corporate housing units, handling lease contracts, tenant relations, and administrative tasks on behalf of corporate clients.
3. Overseas Relocation Support (海外赴任支援事業): Comprehensive support for overseas assignments including visa applications, housing, schooling, and relocation logistics. Services approximately 7,000 households annually for Japanese companies expanding globally.
4. Residential Property Management (賃貸管理事業): Property management and rental brokerage services through over 60 acquired companies under the common brand 'Relo Real Estate'. Manages residential properties and provides tenant services across major Japanese cities.
5. Tourism Business (観光事業): Membership-based resort timeshare, hotel and ryokan revitalization and management, and tourism-related services nationwide.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Relo Group provides outsourced corporate housing management, employee fringe benefits, global relocation support, residential property management, and tourism/timeshare services to Japanese corporations. Its core offerings include Club Off (fringe benefit platform with 100,000+ menu options for 11 million members), Reliance (sublet-based corporate housing management covering 300,000+ units), overseas assignment support for 7,000+ households annually, and rental property management under the "Relo no Fudosan" brand with 100+ stores.

Product overview

Relo Group is Japan's only provider of comprehensive B2B outsourcing services for corporate fringe benefits, operating five core business segments: (1) Fringe Benefit Business (Club Off) offering 100,000+ menu options for employee welfare; (2) Leased Corporate Housing Management (Reliance) managing ~300,000 corporate housing units via sublet outsourcing; (3) Global Relocation Support handling ~7,000 overseas assignments annually; (4) Rental Property Management with 100+ nationwide stores expanded through M&A; and (5) Tourism Business operating resort hotels and point-based timeshare properties. The portfolio includes complementary digital health tools (Relo Health Seminar Videos, Relo Health Support App), a shareholder benefit sub-brand (Club Off), and an HR/benefits content platform (Relo HR365). The company targets Japanese corporations seeking to outsource non-core HR/administrative functions to focus on their main business.

Differentiator

Problem solved

Functional benefit

Brands

• Relo Club (リロクラブ): Fringe benefit outsourcing service - Japan's first employee benefit program offering 100,000+ service menus including travel, leisure, childcare, nursing care
• Reliance (リライアンス)
• Relo Net (リロネット)
• Point Vacation (ポイントバケーション)
• Club Off (クラブオフ)
• リロの不動産

Products and services

• Club Off (福利厚生倶楽部) Employee fringe benefit outsourcing platform offering access to more than 100,000 menu options including travel, leisure, accommodation, childcare, nursing care, health promotion, and mental health care services for corporate employees and their families, with over 11 million members across 13,000+ client companies.
• Leased Corporate Housing Management (Reliance) Full outsourcing service for corporate housing management using a subletting model, handling lease contracts with landlords, tenant correspondence, and administrative tasks on behalf of corporate clients, with management of over 300,000 leased corporate housing units.
• Global Relocation Support (海外赴任支援) Comprehensive overseas assignment support service covering pre-assignment visa arrangements, vaccinations, international moving, housing, school placement for dependents, and return-to-Japan support, serving approximately 7,000 households annually for Japanese companies expanding globally.
• Rental Property Management (リロの不動産)
• Tourism Business (Point Vacation Relo) Membership-based point timeshare resort business under Point Vacation Relo (リロの不動産) and Yutorelo brands, plus hotel and ryokan revitalization and management operations, including renovation of disused corporate recreation facilities and support for struggling regional hotels.
• Relo Group Shareholder Benefit Club Off Shareholder benefit program offering preferential pricing at 20,000 domestic accommodations and access to over 200,000 services including leisure, dining, and theater, with Standard (100+ shares) and VIP (1,000+ shares) membership tiers for individual shareholders of Relo Group.

Quantifiable outcome

• Over 300,000 corporate housing units managed
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Japan International Cooperation Agency (JICA)coreStrategic or Co-development Partner · 1 December 2021Relo Excel Inc. (a Relo Group subsidiary) partners with JICA to support the KEIEIJUKU management training program at Japan Centers in Vietnam, Laos, Myanmar, Uzbekistan, and Kyrgyz Republic. The company dispatches Japanese lecturers and manages program operations to develop local business leaders in market economy transition countries. Recognized as JICA-SDGs Partner.
• FISCO Ltd.minorOthersFISCO provides corporate analysis reports on Relo Group for investor information purposes. Reports are published and made available through Relo Group's IR library.

Scale indicators13 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• CORT: Global provider of corporate housing and furniture rental solutions serving relocating employees and corporate clients. Comparable to Relo's Reliance corporate housing offering for short-to-medium term corporate assignments, particularly in cross-border relocations.
• Benefit One: Subsidiary of Recruit Holdings and Japan's largest corporate fringe benefit outsourcing platform. Directly competes with Relo Club (Club Off) for corporate benefit subscriptions, particularly in the SME segment, with overlapping 100,000+ menu offerings in travel, leisure, childcare, and wellness.
• SIRVA: Global corporate relocation and moving services provider serving multinational clients with end-to-end assignment support. Comparable to Relo's overseas assignment support segment in offering breadth and customer profile.
• Cartus: Berkshire Hathaway-owned global corporate relocation services provider. Directly comparable to Relo Group's overseas relocation support business in scope (visa, household goods, housing, settling-in services) and target market (multinational corporate HR departments), serving as a global benchmark.
• Altair Global: US-headquartered global corporate relocation services provider offering assignment management, policy consulting, and destination services. Comparable to Relo's overseas relocation support business for multinational corporate clients, particularly in the Americas and EMEA.
• Daiwa Living Management: Subsidiary of Daiwa House Industry and a leading provider of sublet corporate housing management and rental property management in Japan. Directly competes with Relo's Reliance corporate housing business and 'Relo's Real Estate' rental management operations across the same Japanese corporate and landlord customer base.
• Tokyu Housing Lease: Tokyu Fudosan Holdings subsidiary providing rental property management, sublet corporate housing, and tenant services across Japan. Comparable to Relo's Reliance corporate housing and rental management businesses, competing for the same property owner and corporate HR buyers in major metropolitan areas.

Broad incumbents

• Daito Trust Construction: Largest Japanese construction and rental housing company, managing a national portfolio of leased residential properties. A broader incumbent that overlaps with Relo's rental management segment but is not focused on corporate fringe benefits, relocation, or tourism.
• Urban Renaissance Agency (UR): Government-affiliated Japanese rental housing provider managing a large national portfolio of leased residential units. A broad incumbent in Japanese rental housing that competes for landlord relationships and tenant demand alongside Relo's rental management segment, though focused primarily on standardized mass-market housing.
• Leopalace21: Major Japanese rental housing and corporate dormitory operator with a national footprint. A broader incumbent that competes in residential rental and corporate housing but is not focused on fringe benefit outsourcing or global relocation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Relo Group