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Next, I will provide an overview of the balance sheet items.
Total assets as of March 31, 2019 amounted to 2,405.2 billion yen, an increase of 232 billion yen from the end of the previous fiscal year.
The increase in cash and deposits is the result of multiple, temporary factors for increase such as a gap in the timing of withdrawal and deposits, and deposit received at subsidiaries that occurred coincidentally.
Moreover, real estate for sale has been increasing, primarily due to investments in infrastructure facilities and commercial facilities currently in operation.
Interest-bearing debts increased 79.4 billion yen year on year, chiefly due to new investments.
Equity grew by 93.3 billion yen, mainly through the public stock offering.
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