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Q2 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 present our results for the second quarter of the fiscal year ending March 2022. Before getting into the details, I will touch upon the key highlights.
Despite the ongoing impact from the pandemic, in the first half of fiscal 2021, operating revenues increased; and operating profit, ordinary profit and net profit attributable to the owners of the parent improved year-on-year. The positive results were supported by year-on-year recoveries in the retail facilities business included in the leasing segment, the Re-Park car park leasing business and Re-House retail brokerage business included in the management segment, and growth in the property sales to investors business within the property sales segment. Extraordinary profits were also boosted by continued disposals of strategic equity holdings.
While the impact of the pandemic varies by segment, overall we are tracking in line with our initial consolidated
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