|
|
 |
|
 |
|
 |
|
We will provide a per-segment explanation on the factors behind the increases in operating profit in our full-year forecast.
Regarding operating profit for this fiscal year and the prior fiscal year and indications in red under the Urban Development business and Property Management & Operation business segments, values in cases where transfers were not made to loss on COVID-19 impact (extraordinary loss) are indicated.
Overall, operating profit increased by 23.5 billion yen year on year, or by 28.6 billion yen prior to transfer to loss on COVID-19 impact. We are forecasting increases in revenues and profit for all segments.
In the Urban Development business segment, we are forecasting an increase in profit of 9.9 billion yen year on year for the overall segment due largely to an increase in revenues from the sale of assets against the backdrop of strong transaction market conditions and the full-year operation of Tokyo PortCity Takeshiba, or an increase of 11.2 billion yen year on year prior to transfer to loss on COVID-19 impact.
In the Property Management & Operation business segment, while profit will decline relative to the initial forecast, the impact on the Wellness business and Tokyu Hands business is limited compared to the last fiscal year. As such, for figures prior to transfer to loss on COVID-19 impact, we are scheduling increases in profit for both businesses.
We forecast that operating profit in the segment as a whole will increase by 8.8 billion yen year on year, or by 12.7 billion yen prior to transfer to loss on COVID-19 impact.
|
|
|
