Lead Real Estate Co., Ltd

Greetings and welcome to the LEED Real Estate Full Fiscal Year Ended June 30, 2024 Financial Results Conference Call. At this time, all participants are in listen-only mode. If anyone should require operator assistance, please press star zero on your telephone keypad. A question and answer session will follow the formal presentation. You may press star one to be placed into question queue at any time. As a reminder, this conference is being recorded. It's now my pleasure to turn the call over to Jared Whalen, Investor Relations. Jared, please go ahead.

Thank you, Operator, and thank you, everyone, for joining us on this call. Before we begin, I would like to read you our forward-looking statements provision. During today's conference call, company representatives may make forward-looking statements. Any statements made in this presentation about future operating results or other future events are forward-looking statements under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Please note that actual results achieved by the company may differ materially from such forward-looking statements. A discussion of factors that could cause such differences appears in the risk factors section of the company's 20F. And now, Lead Real Estate CEO, Mr. Ije Nagahara. Nagahara-san?

Thank you, Jared, and thank everyone for joining us on this call. I'm happy to say that in the fiscal year 2024, our company generated top-line and bottom-line growth worldwide, up a single digit growth in real estate sales. Our management team believes that our company's inclusive, focus on condominium development versus single-family home development will help drive future growth. Also, we feel that our growing hotel business will be our future success. Tokyo continues to be a popular destination for business travelers as well as domestic and international tourists. Our entrance line of hotels and guesthouses were positioned to benefit from these trends. In general, as a real estate company, we feel optimistic as the interest rate improvement provides relatively favorable tailwinds. Japan's interest rates remain the lowest in the G20 and Asia. At this point, I would like to introduce our Chief Financial Officer Daisuke Takahashi. Takahashi-san.