Financial Highlights FY2023 Third Quarter (First Nine Months) Ended December 31, 2023

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	Disclaimer

	Contents

	Progress of Medium-Term Management Plan and Initiatives to Enhance Corporate Value

	Summary of the FY2023 Third Quarter (First Nine Months) Ended December 31, 2023 Highlights FY2023 Major business environment FY2023 Q3 (First nine months) Operating Results, major index FY2023 Q3 (First nine months) Segment performance FY2023 Q3 (First nine months) Analysis of segment performance FY2023 Earnings forecasts and analysis of segment performance (No change since the November announcement) FY2023 Q3 (First nine months) Summary of balance sheets Results for the First Six Months of FY2023: Asset Breakdown by Segment and ROA Trends Market value appraisal for leased properties (as of the end of Mar. 2023) Summary of Cash flow and Investment plan (No change since the November announcement) Gross profit on sales and land and buildings for sale by assets Financial Condition Shareholder Return

	Segment Overview

	Urban Development

	Strategic Investment

	Property Management & Operation

	Real Estate Agents

	Co-Creation with Partners initiatives

	Sustainability Initiatives

	DX Initiatives

FY2023 Earnings forecasts and analysis of segment performance (No change since the November announcement)

This is an analysis of year-on-year changes in operating profit by segment in the forecast for the fiscal year ending March 31, 2024.

There is no change from the full-year forecast announced in November,
While operating profit in the Urban Development and Strategic Investment segments will decrease, the Wellness business will see a further recovery, and the brokerage business will see an increase in operating profit, resulting in an overall increase of 4.6 billion yen from the previous year.