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This is about the Property Management and Operation Business segment.
In the third quarter, operating revenue were 261.0 billion yen and operating profit was 15.6 billion yen, an increase in both sales and profit compared to the same period last year.
The management business reported higher profit mainly due to recovery in the management, construction, and rental 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 profits 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 leasing conference 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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