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I will explain the market value appraisal for leased properties.
As stated in the upper section, unrealized profit on leased properties such as office buildings and commercial facilities as of the end of the FY2020 ended March 31, 2021 amounted to JPY265.3 billion, an increase of JPY8.2 billion from the end of the previous fiscal year.
As for TOKYO PORTCITY TAKESHIBA, the fair value has already been recorded before the previous fiscal year, and although there were no major changes due to new properties in the current fiscal year, the unrealized gains increased due to the steady operation of existing projects.
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