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This is where the property management and operation segment begin.
Operating revenue was JPY79 billion, and operating loss was JPY3.7 billion, which is an increase in both revenue and profit compared to the same quarter of the previous fiscal year.
In the property management business, profit increased due to a reaction to the contraction of sales activities and the decrease in management income due to the impact of COVID-19 in the same quarter of the previous year.
Many of the wellness and Tokyu Hands businesses are BtoC businesses and are still greatly affected by the COVID-19.
On the other hand, compared to the same quarter of the previous year, the impact of each business was reduced, and profits increased.
Due to the closure of the facilities, an extraordinary loss of 0.6 billion yen (4.5 billion yen in the same quarter of the previous year) due to the COVID-19 was recorded in this segment.
As for the full-year forecast, as shown in the bottom row, we plan to increase both revenue and profits, assuming a certain level of recovery in each business that was greatly affected by COVID-19 in the previous fiscal year.
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