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I would like to provide an outline of the results for the second quarter for the fiscal year ending March 31, 2020.
Operating revenue increased ¥9.9 billion year on year, to ¥412.5 billion.
Operating profit decreased ¥0.5 billion year on year, to ¥31.7 billion.
Ordinary profit declined ¥1.7 billion year on year, to ¥26.1 billion.
Profit attributable to owners of parent fell ¥2.3 billion year on year, to ¥14.4 billion.
The decrease in profit was chiefly attributable to a fall in revenue on sales of buildings for investors in the Urban Development segment. Even so, we evaluate that steady progress was made in all businesses, because some are concentrated in the fourth quarter.
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