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Q1 2022 Mitsui Fudosan Co Ltd Earnings Net Conference Transcript
Good afternoon, everyone. I am Uchida, Executive Manager of Investor Relations at Mitsui Fudosan.
I will explain the results for the first quarter of the fiscal year ending March 2022. I will go into more detail later, but at a high level, despite the impact of the ongoing pandemic, we saw year-on-year recoveries at the retail facilities business within the leasing segment and the car park leasing business Repark and retail brokerage business within the Management segment. Higher year-on-year operating revenues as well as extraordinary gains generated by continued sales of strategic equity holdings allowed us to report year-on-year improvements to ordinary income and profit attributable to owners of the parent. Although the impact of the pandemic varied by segment, overall progress relative to the full year forecast announced at the beginning of the fiscal year is tracking in line with our expectations.
I will now explain the results in more detail using the fact book. Please turn to the next page. I will start
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