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## Review of Operations 

Metal Building Material Business 

## Fiscal Year Results 

The Group increased sales activities, including further strengthening its lineup of Inplus  inner windows for soundproofing and insulation, but owner-occupied housing starts and non-residential and other construction starts floundered during the year. As a result, net sales totaled ¥368.8 billion and operating income declined to ¥17.9 billion notwithstanding diligent efforts to reduce operating costs. 

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Note: Estimated share includes Shin Nikkei 

