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Next is the overview of the balance sheet.
Total assets increased ¥58.4 billion from the end of the previous fiscal year, to ¥2,125.5 billion at the end of September 2017.
This is attributable to an increase in real estate for sale in process due to infrastructure-related investment and payment of the costs of construction work for condominiums, etc. and an increase in investment securities due to overseas investment, among other causes.
Liabilities increased ¥48.1 billion from the end of the previous fiscal year due to an increase in interest-bearing debt, etc.
Interest-bearing debt increased ¥85.1 billion from the end of the previous fiscal year, to ¥1,223 billion. The debt/equity ratio was 2.7 times. The equity ratio was 21.3%.
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