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Next, I will provide an explanation of the Wellness segment.
In the second quarter of the fiscal year ending March 31, 2019, the segment recorded an increase in both revenue and profit.
Revenue and profit increased due to the new contribution of the Tokyu Stay urban hotels and Hyatt Regency Seragaki Island Okinawa, a resort hotel that opened in August, in addition to higher revenue from sales of country houses and membership due to the delivery of co-ownership interest in land and buildings associated with the opening of Tokyu Harvest Club Karuizawa & VIALA, a membership resort hotel, in July.
For the fiscal year ending March 31, 2019, the segment projects an increase in revenue and profit.
Similarly to the above, revenue and profit are expected to increase due to the delivery of Tokyu Harvest Club Karuizawa & VIALA, which is classified as sales of country houses and memberships, and higher sales of assets, in addition to the contribution of new facilities.
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