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This is regarding the fair value valuation of real estate for rent etc. as of the end of the
fiscal year ended March 31, 2024.
As shown in the table at the top, unrealized gains on real estate for rent, including office
buildings and commercial facilities, were 408.4 billion yen, an increase of 108.7 billion yen from
the end of the previous fiscal year.
The increase in unrealized gains was mainly due to the addition of newly completed properties such
as Shibuya Sakura Stage.
The NOI yield for operating rental properties is approximately 5%.
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