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This section describes the Property Management and Operation business segment.
Both revenues and profit increased year-on-year to 76.7 billion yen and 2.7 billion yen, respectively.
The Property management and operation business reported an increase in profit mainly due to a recovery in the management, construction, and rental meeting room businesses, etc.
The wellness business returned to profitability mainly due to a recovery in demand, particularly in the hotel business.
As for the full-year forecast, both revenues and profit are expected to increase from the previous year, as indicated in the lower part of the forecast.
The Property Management business is expected to increase profits due to contributions from construction work and the rental meeting room business, etc.
The Wellness business is also expected to increase profits due to a further recovery in inbound demand in the hotel business, etc.
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