Mitsui Fudosan Co., Ltd. provided earnings guidance for the fiscal year 2022. The company assumed that there would be lingering effects from COVID-19 over the course of the fiscal year. Based on this, the company assumed the full year profit impact of COVID-19 would be JPY 60 billion above the line and JPY 5 billion below the line, for a total of JPY 65 billion. Although there is some variance in individual businesses, the overall impact is largely in line with initial expectations. Currently, each segment is already seeing recovery trends. As such, The company expects to make solid progress towards full year targets of JPY 230 billion in operating profit and JPY 160 billion in net profit going forward.