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This is an overview of the plans for condominiums.
In the fiscal year ending March 31, 2018, we are planning to deal with 1,732 units for ¥100.3 billion.
The ratio of the contracted amount to the planned sales amount of the condominiums is as shown in the middle line of the above table. It has grown steadily to 54%.
The condominium’s gross margin is planned to be around 22%.
With regard to land acquisitions, we acquired land amounting to ¥40.7 billion for 1,966 units in the fiscal year ended March 31, 2017, as shown in the lower part of the above table, “Purchase of land for sales.”
Consequently, the number of units of condominiums to be delivered in and after the fiscal year ending March 31, 2019 is 8,200 units in total, as shown on the upper right of the slide.
For land acquisitions in the fiscal year ending March 31, 2018, we are planning to invest ¥50.0 billion under the policy to continuously proceed with investment carefully centered on inner city properties and redevelopment.
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