Construction investment in Japan fell below ¥60 trillion in fiscal 2002, to 67.3% of its peak level. However, in the term under review our orders grew by 4.5% on a non-consolidated basis, to ¥225.0 billion, and the number of buildings constructed under the LOC system topped 21,000, principally large–scale commercial facility complexes and retail outlets located in suburban areas, and commercial buildings in urban locations. Regrettably, on a consolidated basis our net sales fell by 4.9% to ¥248,014 million, and operating income was down by 3.9% at ¥17,631 million. Based on the conditions for property location and our market research and analysis, we undertake the coordination for an extensive range of facilities, including large–scale commercial facilities, roadside stores, showrooms, and amusement facilities. The number of our landowner customers now exceeds 20,000 nationwide, and companies that have opened facilities under this scheme number 3,140. We have 4,300 members of our landowners club, and 36,000 companies are on our waiting list to open facilities. In the term under review, large–scale commercial facilities we developed include Shonan Mall Fill, close to Tokyo, and the Ashibinaa outlet mall in Okinawa. In the sphere of factories and office buildings, goods–distribution centers, and a wide range of other business facilities, we have achieved a strong track record in buildings that require special designs considerations, for example HACCP (Hazard Analysis and Critical Control Point)–certified food processing centers and hospitals and other medical–care facilities. In the field of nursing and health–care facilities, which are increasing sharply with the aging of society, we have become market leaders, having constructed more than 700 of these facilities under the auspices of the Daiwa House Silver Age Research Center.