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Next, I will provide an overview of the balance sheet items.
Total assets at the end of June 2019 increased 3.7 billion yen from the end of the previous fiscal year, to 2,409 billion yen.
With respect to the two items shown in bold, real estate for sale increased due to investments in new and predetermined projects in the Urban Development and Residential segments, and property and equipment, intangible assets also rose due to investments mainly in predetermined projects such as redevelopment in the Urban Development business.
With respect to debts, interest-bearing debt rose 75.0 billion yen from the end of the previous fiscal year, to 1,364.8 billion yen. The year-end balance of interest-bearing debt is projected to be 1,380 billion yen.
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