|
|
 |
|
 |
|
 |
|
Let’s take a look at the Urban Development business segment.
In FY2022, which ended March 31, 2023, operating revenue came to 346.1 billion yen and operating profit to 58.6 billion yen, representing increases in revenues and profit year on year.
In Urban Development, profits increased owing to factors such as an increase in the sale of assets.
The Residential also experienced an increase in profit owing to factors such as an increase in the sale of assets despite the number of units sold at condominiums decreasing.
For FY2023, which will end March 31, 2024, we forecast operating revenue of 384.0 billion yen and operating profit of 52.7 billion yen, representing an increase in revenues and a decrease in profit over the previous fiscal year.
For the Urban Development business, we are forecasting an decrease in profit due largely to an decrease in the sale of assets, while the Residential business is likely to experience a increase in profit due largely to an increase in the sale of assets despite a decrease in the number of units sold at condominiums.
While business performance is fluctuating due to variances in sales of assets, both our rental and residential condominium businesses are trending along favorable lines.
|
|
|
