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This is about the Property Management and Operating segment.
In the second quarter, operating revenues were 163.8 billion yen and operating profit was 7.9 billion yen, an increase in both revenues and profit compared to the same period last year.
The property management business reported to increase in profit mainly due to recovery in the management, construction, and leased meeting room businesses.
In the wellness business, profit increased mainly due to a recovery in demand, especially 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 see an increase in profit due to contributions from construction work and the leased meeting room business, while the wellness business is expected to see an increase in profit due to further inbound demand in the hotel business, etc.
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