Feb 05, 2021 / NTS GMT
Atsuro Uchida - Mitsui Fudosan Co., Ltd. - Executive Manager of IR Department
Good afternoon, everyone. I am Uchida, Executive Manager of the Investor Relations department. I will present the third quarter results for the fiscal year ending March 2021. I will discuss the results in more detail later, but overall, the rate of progress relative to our full year forecast for both operating income and profit attributable to the owners of the parent exceeded 82%.
In first quarter, we reported year-on-year declines in operating revenues and profits as the COVID-19 outbreak led to temporary closures of our retail facilities, hotel and resort properties and retail brokerages. From second quarter onward, however, these business have shifted into recovery mode. In addition, from first quarter, we have seen continued growth in rental revenue from existing offices and the pace of domestic residential sales and handovers has remained strong. In third quarter, property sales to investors grew significantly.
I will now explain our results in more detail using the fact book. Please turn to the consolidated
Q3 2021 Mitsui Fudosan Co Ltd Earnings Net Conference Transcript
Feb 14, 2024
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