|
|
 |
|
 |
|
 |
|
Let’s take a look at the Urban Development business segment.
In FY2021 ended March 31, 2022, operating revenue came to 325.8 billion yen and operating profit to 51.9 billion yen, representing increases in revenues and profit year on year.
In our Urban Development business, profit increased due largely to the sale of offices, commercial facilities and other assets in the brisk real estate agent market and the full-year operation of TOKYO PORTCITY TAKESHIBA.
The Residential business experienced an increase in profit owing to an increase in the total number of units sold of condominiums.
For the fiscal year ending March 31, 2023, we are forecasting operating revenue of 335.0 billion yen and operating profit of 49.7 billion yen, representing increases in revenues and decrease in profit year on year.
For the Urban Development business, we are forecasting an increase in profit largely due to greater revenues from the sale of assets, while the Residential business is likely to experience a decline in profit due to a decrease in the number of units sold of condominiums accompanying a decrease in the number of condominiums completed.
|
|
|
