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Lastly, I will explain the Innovation Business segment, which consists mainly of overseas operations.
In the fiscal year ended March 31, 2019, the segment recorded a decrease in revenue and an increase in profit primarily as a result of the transfer of some of the renovation business in October 2017, despite the posting of housing in Indonesia and overseas property sales.
For the fiscal year ending March 31, 2020, we are projecting a decrease in revenue due to the transfer of the renovation business for detached houses planned for April 2019 and a fall in profit, given a decrease in overseas property sales despite the posting of houses that will continue in Indonesia.
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