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Now I will explain the market value appraisal for leased properties.
As stated in the upper section, unrealized gains on leased properties such as office buildings and commercial facilities as of the end of the fiscal year ended March 31, 2022 amounted to 274.1 billion yen, an increase of 8.8 billion yen from the end of the previous fiscal year.
Of the pre-opening properties, "KUDAN-KAIKAN TERRACE," scheduled for completion in July 2022, was included in the appraisal.
Unrealized gains are increasing partly because existing projects are operating steadily as well.
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