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Next, I would like to present the results and forecasts for the Real-Estate Agents segment.
In the first six months of the fiscal year ending March 2017, both operating revenue and operating income increased.
In the Real-Estate Agents business, the number of transactions and contracted prices increased steadily in the retail division due to the enhancement of services such as the Livable Anshin Agent Guarantee, in addition to the strong performance of the real estate distribution market.
In the wholesale division, both the number of transactions and contracted prices declined due to the absence of contracts for large property units, which were recorded for the same period of the previous fiscal year. This was offset by incidental revenues, resulting in increases in both revenue and income.
In the forecast for the fiscal year ending March 2017, we continue to anticipate higher revenue and income based on the strong Real-Estate Agents business, etc.
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