Recognition of results for the first quarter of the 35th fiscal year

「For the cumulative first quarter of the current consolidated fiscal year, the Group reported revenue of ¥1,620,843 thousand, down 52.3% year on year; an operating loss of ¥48,386 thousand, compared with operating profit of ¥393,762 thousand in the previous year; an ordinary loss of ¥105,733 thousand, compared with ordinary profit of ¥319,594 thousand; and a quarterly net loss attributable to owners of the parent of ¥62,560 thousand, compared with quarterly net profit attributable to owners of the parent of ¥199,843 thousand. The year-on-year figures declined substantially for the reasons described above, compounded by slight shortfalls against plan in the real estate development and sales business and condominium business.」