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Next is an overview of each segment.
First, the Urban Development segment is explained.
For the second quarter of the fiscal year ending March 31, 2018, both revenue and profit increased.
In addition to the increased revenue from sales of properties including buildings for investors and the improved revenue from the existing buildings, the full-year contribution by the National Students Information Center acquired through M&A for the previous fiscal period, among others, resulted in increases in both revenue and profit.
Revenue and profit for the fiscal year ending March 31, 2018 are also expected to increase.
Increased profit is forecast based on increased gains on sales of properties including buildings for investors and improved revenue from the existing buildings.
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