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We will now go over our business performance forecast for the fiscal year ending March 31, 2023.
This graph shows our business results for the last fiscal year and operating profit for each segment under both the full-year forecast that we announced in May and the full-year forecast that we recently announced.
The 90.0 billion yen in operating profit that we announced in May was slated to be our highest on record. With our current full-year forecast, we are anticipating an additional 5.0 billion yen on top of that.
Our Urban Development business segment will see an increase in profit over our original forecast due largely to an increase in the number of units sold of condominiums, whose sales continue to be favorable.
The decrease in profit that our Strategic Investment business segment will experience due largely to the postponing of sales of assets in our overseas operations will be compensated for largely by an increase in gains on sales of logistics facilities. Profit in this segment is therefore predicted to increase over our initial forecast.
Although the recovery in Wellness business will steadily progress, our Property, Management & Operation business segment will see a decrease in profit over our initial forecast due largely to a decrease in construction profit under our property management business.
We anticipate a further increase in profit in the Real Estate Agents business segment, particularly in our real estate agents business.
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