Q2 2025 Mitsui Fudosan Co Ltd Earnings Net Conference Transcript

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Nov 08, 2024

Nov 08, 2024 / NTS GMT
Atsuro Uchida Mitsui Fudosan Co Ltd-Executive Manager - Investor Relations

Good afternoon everyone. I am Uchida Executive Manager of Investor Relations at Mitsui Fudosan.

I will explain our results for the second quarter of the fiscal year ending March 2025.

As usual, I will use the financial results and business highlights materials dated November 8th which are available on our website.

Let's get started. As always, I will begin with an overview of the second quarter results. Please turn to the financial highlights on page 3 of the presentation materials as shown in the box at the top of the page in first half, Mitsui Furan reported year on year declines in operating revenue, operating income and ordinary income.

However, in absolute terms, each was at a high level which is second only to the record high six month results reported in the previous fiscal year with regard to the new profit metrics set out in our group. Long term vision and innovation, 2030 optically business income also fell year on year owing to a high base for comparison as a result of

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