Full Year 2020 Mitsui Fudosan Co Ltd Earnings Net Conference Transcript
Good afternoon, everyone. I am Uchida, Executive Manager of the Investor Relations Department. I will present our fiscal 2019 results. I will discuss the results in more detail later, but Mitsui Fudosan reported year-on-year growth in operating revenues and profits for the fiscal year ended March 2020. Operating revenues increased JPY 44.4 billion. Operating income grew JPY 18.4 billion and profit attributable to the owners of the parent rose JPY 15.3 billion. The results for operating revenues, operating income, ordinary income and profit attributable to the owners of the parent, all represent new record highs. We note that Mitsui Fudosan has been actively cooperating with the authorities in their efforts to prevent a widespread outbreak of COVID-19 since January.
We have closed our retail facilities and hotels and are implementing support measures for our retail tenants. Despite the challenging operating environment, we achieved year-on-year growth in operating revenues and profits. Additionally, we continue to have access
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