|
|
 |
Next, I will explain the Residential segment.
In the second quarter of the fiscal year ending March 31, 2019, the segment recorded a decline in both revenue and profit.
Revenue and profit decreased because the number of units sold of condominiums declined although rental housing for investors and the blanket sale of land, which are included in “Others” in operating revenue, increased.
For the fiscal year ending March 31, 2019, the segment forecasts an increase in revenue and a decrease in profit.
While revenue is estimated to increase due to a rise in sales of rental housing for investors, which are included in “Others,” profit is expected to decline mainly due to a fall in the number of units sold of condominiums.
|
|
|
