Q2 2022 Mitsui Fudosan Co Ltd Earnings Presentation Transcript

Nov 09, 2021 / NTS GMT
Presentation
Nov 09, 2021 / NTS GMT

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Corporate Participants
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* Retsu Togashi
Mitsui Fudosan Co., Ltd. - Executive Managing Officer

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Retsu Togashi - Mitsui Fudosan Co., Ltd. - Executive Managing Officer

Let's get started. Thank you for taking time out of your busy schedules despite the bad weather to participate in Mitsui Fudosan's analyst briefing. I will present a brief overview of our results for the first half of the fiscal year ending March 2022. I will start with the consolidated profit and loss statement. Despite the ongoing impact from the pandemic, operating revenues and profits rose year-on-year. Operating revenues improved by JPY 199.4 billion year-on-year, operating income by JPY 36.7 billion and ordinary profit by JPY 41.5 billion on recoveries in the retail facilities, Repark and Rehouse businesses as well as growth in the property sales to investors subsegment.

Net profit attributable to the owners of the parent rose JPY 77.2 billion year-on-year as a result of the drop in

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