Mori Building Announces Fiscal 2016 First Half Earnings

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http://www.mori.co.jp/en/company/press/release/2016/11/20161116150000003328.html
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2016-11-16

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2016-11-16
Mori Building Co., Ltd.

Mori Building Announces Fiscal 2016 First Half Earnings

Tokyo, November 16, 2016 – Mori Building, a leading urban landscape developer, announced today its financial results for the first six months of fiscal 2016 ending March 2017, as follows:

The main highlights of Mori Building's performance in the first half follow:

  • Revenue from leasing business increased steadily due to strong performance for offices and residences.
  • Revenue from business increased steadily, supported by sales of FOREST TERRACE TORIIZAKA.
  • Revenue from office units in the Shanghai World Financial Center remained strong, however, revenue from overseas business slightly decreased due to factors including foreign exchange fluctuations.
  • Operating and ordinary income forecasts for the full year remain unchanged.

Consolidated results are based on information available on the day of the announcement, as analyzed by Mori Building


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