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I will now explain the changes in operating revenue and operating profit by segment.
As shown in the bar chart in the upper side, operating revenue increased 9.9 billion yen year on year, mainly reflecting an increase in the number of condominium units posted in the Residential segment and the strong performance of the Property Management and Real Estate Agent segments.
As for operating profit in the lower part, the robust performance of the Residential, Property Management and Real Estate Agent segments also contributed. However, profit decreased ¥0.5 billion year on year, chiefly due to a decline in revenue on sales of buildings for investors in the Urban Development segment.
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