No category-specific facts could be extracted from this document.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The main factors were the absence of the central Tokyo, high-value and large-scale properties recorded in the real estate development business in the same period of the previous fiscal year, as well as the absence of gains on sales of fixed assets recorded in the same period. Revenue and profit increased in the leasing business due to higher earnings from domestic and overseas offices and commercial facilities; in the property management business due to increases in the number of properties under management and the number and average value of transactions in retail brokerage; and in the facility operations business due to higher ADR at domestic hotels and increased revenue related to Tokyo Dome.