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Let me explain market value appraisal for leased properties.
As stated in the upper part of the page, the book value of leased properties, including office buildings and commercial facilities, at the end of March 2020 came to 834.5 billion yen and the market value was 1,091.5 billion yen.
The unrealized gain stood at 257.1 billion yen, rising 11.7 billion yen from the end of the previous fiscal year.
The increase includes the gain on the Residence Tower of Tokyo PortCity Takeshiba, although it is not yet open.
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