|
|
 |
Next, I would like to present the results of the Property Management segment.
In the first six months of the fiscal year ending March 2017, operating revenue rose due primarily to increased stock of both condominiums and buildings under management.
Operating income decreased, mainly reflecting an increase in expenses for strategic measures such as the maintenance and strengthening of the management system, which we continued from the previous fiscal year, and the absence of the completion of large-scale building construction work that took place in the same period of the previous fiscal year.
In the forecast for the fiscal year ending March 2017, we expect an increase in both operating revenue and operating income, because we expect a continued increase in stock of both condominiums and buildings under management.
|
|
|
