Q2 2020 Mitsui Fudosan Co Ltd Earnings Presentation Transcript

Nov 11, 2019 / 07:00AM GMT
Presentation
Nov 11, 2019 / 07:00AM GMT

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Corporate Participants
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* Wataru Hamamoto
Mitsui Fudosan Co., Ltd. - Executive Managing Officer, MD & Director

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Wataru Hamamoto - Mitsui Fudosan Co., Ltd. - Executive Managing Officer, MD & Director

I am Wataru Hamamoto, Executive Managing Officer of the Accounting and Finance Department. Thank you for taking the time out of your busy schedules to attend the second quarter fiscal 2019 investor and analyst briefing for Mitsui Fudosan. I will present the first half fiscal 2019 results and discuss current market conditions for our businesses.

I will start with our results for the first half of the fiscal year ending March 2020. Consolidated operating revenues were JPY 888.7 billion, up JPY 28 billion year-on-year. Operating income was JPY 118.6 billion, up JPY 6.4 billion year-on-year. Ordinary income was JPY 107.8 billion, up JPY 1.2 billion year-on-year.

Profit attributable to the owners of the parent was JPY 66.3 billion,

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