Relo Group Corporate Strategy

& RELO GROUP Business Environment Forecast of trends in the working population 6,648 6,404 6,149 5,880 5,587 5,268 4,942 4,640 4,382 4,157 3,946 Continuous decline of working population in Japan Strong demand for corporate fringe benefits 2016 20 25 30 35 40 45 (Source) Mizuho Research Institute Ltd. Report 50 55 60 65 Sustainable Growth in both Sales and Profits 2

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