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This is about the Property Management and Operation segment.
For the fiscal year ended March 31, 2024, operating revenue was 371.5 billion yen and operating
profit was 22.8 billion yen, an increase in revenue and profit year on year.
The management business reported higher profits mainly due to recovery in the management,
construction, and rental meeting room businesses.
In the wellness business, profit increased mainly due to capturing domestic and inbound demand,
especially in the hotel business.
For the fiscal year ending March 31, 2025, we forecast operating revenue of 356 billion yen and
operating profit of 23.4 billion yen, a decrease in revenues and an increase in profit year on
year.
Although revenue will decrease due to the impact of partial business transfers, we expect to see an
increase in profits due to further improvements in the hotel business.
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