• Operating revenue and operating income both increased on contributions from residential sales at Toranomon Hills Residential Tower and leasing income from Toranomon Hills Business Tower.
  • In the current fiscal year, operating revenue and operating income are expected to increase further due to ongoing residential sales at Toranomon Hills Residential Tower, although ordinary income and profit attributable to owners of parent are expected to decrease due to losses of temporary income due to foreign exchange fluctuations, etc.

Tokyo, May 24, 2022 - Mori Building, Japan's leading urban landscape developer, announced its financial results for fiscal year ending March 2022 (FY2021, as follows:

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Mori Building also announced its tentative consolidated forecast for the new fiscal year ending March 2023 (FY2022), reflecting the company's best-effort estimates and calculations of possible results. Actual results may vary depending on the evolving situation regarding the pandemic and other factors.

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Consolidated results are based on information available on the day of the announcement as analyzed by Mori Building. Forecasts are subject to inherent risks and uncertainties, so actual results may differ due to changes in various factors.