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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 2016 amounted to ¥2,088.6 billion, an increase of ¥104.2 billion from the end of the previous fiscal year.
This is primarily attributable to an increase, etc. in real estate for sale and property and equipment associated mainly with new investments. Total liabilities rose ¥101.7 billion from the end of the previous fiscal year, chiefly due to an increase in interest-bearing debt.
Interest-bearing debt increased ¥124.7 billion from the end of the previous fiscal year, to ¥1,230.8 billion. Meanwhile, the D/E ratio stood at 2.9, and the equity ratio came to 20.2%.
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