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Next, the property stock under management is explained.
The upper part shows a trend in the number of condominium units under management, which stood at 820,000 units at the end of March 2018, an increase of approximately 80,000 units from the end of the previous fiscal year. In particular, those under facility management recorded an increase of approximately 75,000 units. This was attributable to new management contracts of the designated management system such as public housing, specifically Kanagawa and Osaka prefectural housing. In this regard, the number of properties under designated management of Tokyu Community for public housing is approximately 170,000 units, which is the largest scale in the property management industry.
The lower part shows a trend in the number of managed properties, such as buildings. This number stood at 1,500 at the end of March 2018, showing a steady increase.
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