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Next, I will provide an overview of the balance sheet for the end of the first half under review.
Total assets at the end of September 2014 increased ¥109.0 billion, to ¥1,130.2 billion, primarily reflecting the acquisition of real estate for sale, property and equipment, and intangible assets.
Total liabilities rose ¥99.3 billion from the end of the previous fiscal year, chiefly due to an increase in interest-bearing debt.
Interest-bearing debt increased ¥139.1 billion from the end of the previous fiscal year, to ¥1,130.2 billion. Meanwhile, the DE ratio stood at 3.0 at the end of September, and the equity ratio came to 19.7%.
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