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Now, we will discuss the status of stock under our rental housing service business.
The number of rental housing units under management indicated in the upper column is the number of rental housing units managed at rental condominiums mainly operated by Tokyu Housing Lease Corporation. This number increased by approx. 7,000 units from the end of the previous fiscal year to 115,000 units as of December 31, 2021.
The number of units under management at student condominiums, etc. indicated in the lower column is the number of units managed at student condominiums mainly operated by the NATIONAL STUDENTS INFORMATION Center. This number increased by approx.1,000 units from the end of the previous fiscal year to 48,000 units as of December 31, 2021.
Going forward, we will continue aiming to expand our stock for the sake of stable fee revenue growth.
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