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Next, I will outline our plan for the sale of condominiums.
We plan to sell 2,125 units and record revenues of ¥91.8 billion for the fiscal year ending March 2015.
The contract ratio to sales plan for condominiums will stand at 79%, down 7 points year on year. The inventory of completed units remained at a low level, with 162 units at the end of September 2014.
We acquired land for 858 units for ¥25.2 billion in the first six months. As a result, we have land for a total of 6,800 units (proposed) to be delivered during the fiscal year ending March 2016 or thereafter.
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