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Now I would like to explain the results of the first half of the fiscal year ending March 31, 2016 and the forecasts for the fiscal year ending March 31, 2016 for the Tokyu Hands segment and the Innovation Business segment.
The Tokyu Hands segment is expected to see increased revenue of 3.8% year on year from the existing stores thanks to the growing demand of foreign visitors to Japan, etc., and the addition of new stores, etc. is expected to result in increased revenue and income for both the half year and full year.
Operating revenue in the Innovation Business segment rose due to increased property sales in the overseas businesses. A reduced number of completed renovated and custom-built homes, however, led to a decrease in the income, and increased revenue and decreased income is expected also in the full-year forecast.
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