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Lastly, I will provide an update on initiatives for our overseas businesses.
In the previous fiscal year, we started to post sales from BRANZ BSD and BRANZ Simatupang, the two projects outlined at the left in the slide. Sales from the projects are also expected to be posted in the fiscal year ending March 31, 2020.
In North America, progress is being made in the construction of 425 Park Avenue in Manhattan, New York toward its completion by the end of the fiscal year ending March 31, 2020.
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