Based on recent business trends, the Company has revised its full-year business forecast for the fiscal year ending November 2021 (December 1, 2020 to November 30, 2021) announced on June 30, 2021.
During the subject third quarter period, although areas under the state of emergency in Japan expanded due to the spread of a COVID-19 variant and such, socio-economic activities are returning to normal with the current increase in the vaccination rate.
Under such circumstances, concerning forecast figures of full-year consolidated results, the Company has worked with an aim to achieve at least the bottom figures of the range by carefully watching the external environment and replacing properties planned to be sold during the period, including postponing the sale of hotels to the next fiscal year. As a result, net sales and operating income are expected to fall within the forecast range previously announced.

(Unit: ¥mn)

	FY11/20	FY11/21 (E)
	Actual	Full-Year Forecast	YoY increase/ (decrease)
Net sales	10,120	89,000	(12.0)%
Operating income	17,355	10,000	(42.4)%
Ordinary income	15,247	13,000	(14.7)%
Net income	10,615	13,500	27.2%
Net income per share (¥)	261.23	326.98	―