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Next, the Real-Estate Agents segment is explained.
We recorded increases in revenues and profit in the fiscal year ended March 31, 2018. The Retail and Wholesale sectors recorded increases in revenues and profit, mainly due to increased sales in the purchase and resale business in real-estate sales, especially condominiums, in addition to a rise in revenues due to increases in the number of transactions and contract prices in the real-estate sales agent field, with a background of strong performance in the real estate transaction market.
For forecasts for the fiscal year ending March, 31 2019, we project increases in both revenues and profit factoring in the continuation of favorable sales agency operations and strong performance in real-estate sales.
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