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This is about the Property Management and Operation segment.
Operating revenue was 80.2 billion yen and operating profit was 5.5 billion yen, representing
increases in revenues and profit year on year.
The management business reported higher profits mainly due to increases in building management and
construction orders.
In the wellness business, profit increased mainly due to capturing inbound demand, especially in the
hotel business, as well as asset sales.
In our full-year forecasts, we expect a year-on-year decrease in revenues but an increase in
profit.
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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