The Group has implemented the following initiatives in each of its business segments.
In the real estate sales business, we are promoting the strengthening of our property procurement capabilities while making the most of our strengths, such as information analysis and business planning capabilities, while strengthening our tolerance to market fluctuation risks by carefully selecting locations and reducing purchasing costs. In addition to sales activities in Japan, we are also working to strengthen inbound sales by holding overseas seminars. As a result, in the sales activities of the EL FARO (EL FARO) and MIJAS businesses, we delivered 24 buildings (17 in the previous year), as well as 1 building for pre-owned income and 2 properties for development projects (7 properties in the previous year).
In the real estate leasing business, in order to maximize the profits of existing owners, in addition to area marketing, we aim to eliminate vacancies by proposing the best rent setting based on an AI appraisal system and contract cases, and a leasing strategy that utilizes our network with brokerage companies in the Tokyo metropolitan area, and we have achieved a high occupancy rate at properties managed by the Group. In addition, we have introduced an information exchange app with owners and are working to continuously share and exchange information, such as conducting CS questionnaires. In addition, with regard to the EL FARO (EL FARO) and MIJAS series, which are our main brands, we strive to maintain high quality and high occupancy rates by providing a consistent "one-stop service" in the Group from product development to management, and have earned a high reputation as highly profitable investment real estate products, leading to repeat purchases of the investment real estate series. We are demonstrating synergies within the group.
In the real estate brokerage business, we are striving to increase profits by utilizing our unique information network, which includes other businesses such as the real estate sales business, and introducing properties that meet customer needs.
In the contracting business, we completed and delivered 15 buildings in the EL FARO (EL FARO) and MIJAS series by the Group, designed and constructed 15 buildings, and renovated and renovated other properties according to the characteristics of the properties under management.
As a result of the above, the Group's net sales in the consolidated fiscal year under review were 20,562 million yen (up 34.9% from the previous consolidated fiscal year), and operating income was 2,341 million yen (up 79.5% from the previous consolidated fiscal year), as sales of a series of newly built rental housing for investment exceeded the initial forecast. Ordinary income was 1,895 million yen (up 95.7% from the previous consolidated fiscal year), and net income attributable to owners of parent was 1,375 million yen (up 115.6% from the previous consolidated fiscal year).

Regarding future prospects, as a "developer that is particular about manufacturing," we plan to supply approximately 33 units per year, with the main business being the "EL EL FARO" series of new investment rental apartments and the "MIJAS" series of new investment rental apartments (24 units supplied in the July 2024 period). In addition, we will actively develop land procurement and sales activities for these main businesses, focusing on the Jonan and Josai areas, which are particularly well located within Tokyo's 23 wards, by making the most of our strengths in information analysis and business planning. As for future business development, each group company will draw up its own growth strategy, and by further increasing the speed of management by building each company's structure, clarifying authority and responsibilities, and accelerating decision-making, we will promote the growth of the entire group, strengthen and expand our business foundation, and work together as a group to promote business activities for further profit expansion.

Regarding the business performance forecast for the next fiscal year (ending July 2025), we expect sales of 29 billion yen (up 41.0% from the current consolidated fiscal year), operating profit of 2.6 billion yen (up 11.0% from the current consolidated fiscal year), ordinary profit of 2.0 billion yen (up 5.5% from the current consolidated fiscal year), and net income attributable to parent company shareholders of 1.4 billion yen (up 1.8% from the current consolidated fiscal year).