Tokyo, November 24, 2020 - Mori Building, a leading urban landscape developer, announced today its financial results for the first six months (April to September) of fiscal 2020 ending March 2021 as follows:


The highlights included the following:

  • While some facilities were closed as a result of COVID-19, revenues remained almost flat, and ordinary income and net income increased on the strength of high occupancy rates and unit prices for offices and housing, an increase in property sales, and occupancy in the newly opened Toranomon Hills Business Tower.
  • The full-year forecast remains in line with expectations at the beginning of the fiscal year.

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