• Operating revenue and operating income both increased on revenue from residential sales and leasing at Toranomon Hills Residential Tower as well as recovered performance in hotel business.
  • In the current fiscal year, operating revenue, operating income and ordinary income are expected to achieve record highs due to increased revenue resulting from opening Azabudai Hills and Toranomon Hills Station Tower as well as residential sales at Azabudai Hills.

Tokyo, May 23, 2023 - Mori Building, Japan's leading urban landscape developer, announced its financial results for fiscal year ending March 2023 (FY2022), as follows:

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Mori Building also announced its tentative consolidated forecasts for fiscal 2023 ending in March 2024, 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.

Please refer to the PDF file for more information. Financial Report for Fiscal Year Ending March 2023 (FY2022) Material for Investors