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Next, we will cover the Real Estate Agents segment.
Operating revenue came to 59.4 billion yen and operating profit to 8.6 billion yen, representing a decrease in revenues but an increase in profit over the same quarter in the previous fiscal year.
Despite incurring a decrease in revenues due to the rebound from purchase and resale properties posted in the same quarter in the previous fiscal year, our real estate brokerage posted an increase in profit largely owing to the favorable performance of real-estate sales agents.
Regarding the full-year forecast, we expect an increase in revenues and profit year on year as shown in the lower column.
Similar to the previous fiscal year, real-estate sales agent transactions will show an increase in profit in the brisk real estate transaction market.
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