(REIT) Financial Report for the Fiscal Period ended April 30, 2022 (The 12th Period)
June 14, 2022
Name of REIT issuer:
Security code:
Representative:

MIRAI Corporation
3476
Michio Suganuma, Executive Director

Name of asset manager:
Representative:
Contact:

Mitsui Bussan & IDERA Partners Co., Ltd.
Michio Suganuma, Representative Director, President
Nobuaki Takuchi, Director, CFO
TEL: +81-(0)3-6632-5950

Scheduled date for submission of securities report:
Scheduled date for commencing dividend payments:
IR Material:
IR Meeting:Stock exchange listing: Tokyo Stock Exchange
URL: https://3476.jp/en/

July 29, 2022
July 14, 2022

Will be posted on the website
Will be held for institutional investors and securities analysts(Figures are rounded down to the nearest million yen)
1. Performance for the Fiscal Period ended April 2022 (The 12th period from November 1, 2021 to April 30, 2022)(1) Operating Results(% represents change from the previous period)
Operating Revenue
Operating Profit
Ordinary Profit
Net profit
Period ended
Million yen%
Million yen%
Million yen%
Million yen
%
5,275
3.2
2,547
6.3
2,245
4.7
2,244
4.7
Apr. 30, 2022
5,113
2.8
2,397
3.3
2,144
3.4
2,143
3.4
Oct. 31, 2021
Net Profit per Unit

Net Profit to Net Assets

Ordinary Profit toTotal Assets

Ordinary Profit toOperating Revenue

Period ended
Yen
%
%
%
Apr. 30, 2022
1,291
2.9
1.3
42.6
1,289
2.8
1.3
41.9
Oct. 31, 2021
(Note) Net Profit per Unit is calculated by dividing the net income by the day-weighted average number of investment units.
(Fiscal period ended October 31, 2021:1,662,240 units, Fiscal period ended April 30, 2022:1,738,544 units)(2) Distributions
Distributions per
Unit

Distributions in
Total
excess ofDistributions inDistributions to(excluding distributions
Payout Ratio
earnings per
excess of
Net Assets(excluding distributions inin excess of earnings)
Unitearnings
excess of earnings)
Period ended
Yen
Million yen
Yen
Million yen
%
%
1,267
2,244
Apr. 30, 2022
100.0
2.8
Oct. 31, 2021
1,289
2,142
100.0
2.8
(Note 1) Payout Ratio = Total Distributions (excluding distributions in excess of earnings) / Net Profit * 100(Note 2) Distributions to Net Assets are calculated based on Total Distributions (excluding distributions in excess of earnings).
Total Distributions(3) Financial Position
Total Asset
Period ended
Apr. 30, 2022
Oct. 31, 2021

Net Asset

Million yen
171,982
161,226

Net Assets to Total Assets

Million yen
80,74375,308

%
46.9
46.7

Net Assets per Unit
Yen
45,58045,305(4) Cash Flows
Operating Activities
Period ended
Apr. 30, 2022
Oct. 31, 2021

Million yen
2,730
2,391

Investing Activities
Million yen(11,105)
(876)

－

1

－

Cash and Cash Equivalents
at End of Period
Million yen
Million yen
8,104
4,421
(2,097)
4,691

Financing Activities

2. Forecasts for the Fiscal Period ending October 2022 (The 13th Period from May 1, 2022 to October 31, 2022) and ending April 2023
(The 14th Period from November 1, 2022 to April 30, 2023)(% represents change from the previous period)
Distributions per Distributions in
Unit (excluding
Operating Revenue Operating Profit
Ordinary Profit
Net Profit
excess of earnings
Distributions in excess
per Unitof earnings)
MillionMillionMillionMillion
%
%
%
%
Yen
yen
yen
yen
yen
5,492
4.1
2,564
0.7
2,277
1.4
2,276
1.4
1,285
Oct. 31, 2022
5,393
(1.8)
2,573
0.3
2,277
0.0
2,276
0.0
1,285
Apr. 30, 2023
(Reference) Forecasted Net Profit per Unit (Forecasted Net Profit / Forecasted Unit at end of period)
The Fiscal Period ending October 2022:
Forecasted Unit at end of period 1,771,440 units
Forecasted Net Profit per Unit 1,285 yen
The Fiscal Period ending April 2023:
Forecasted Unit at end of period 1,771,440 units
Forecasted Net Profit per Unit 1,285 yen
Period ending

Yen-

Others(1) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements due tocorrections of errors(i) Changes in accounting policies due to revisions to accounting standards(ii) Changes in accounting policies other than (i)(iii) Changes in accounting estimates(iv) Restatement of prior period financial statements due to corrections of errors

None
None
None
None

(2) Number of investment units issued and outstanding(i) Number of investment units (including treasury units) issued and outstanding at the end of each period
As of Apr. 30, 2022:
1,771,440 units As of Oct. 31, 2021:
1,662,240 units(ii) Number of treasury units issued and outstanding at end of period
As of Apr. 30, 2022:
0 unit As of Oct. 31, 2021:
0 unit* Financial Report is not subject to audit by certified public accountants or audit corporations.
* Explanation on the appropriate use of forecasts and other notes(Note to forward-looking statements)
This document contains forecasts and other forward-looking statements based on the information currently available and on
certain assumptions judged as rational by MIRAI Corporation (hereinafter “MIRAI”), and the actual operating results and so on
may differ significantly from that anticipated by MIRAI due to various factors. Moreover, the forecasts are not intended toguarantee any amount of dividend distribution and distribution in excess of earnings. For notes regarding assumptions underlying
these forecasts, please refer to “Assumptions Underlying Forecasts for the Fiscal Periods Ending October 31, 2022 and April 30,
2023.” on page 3.

－

2

－

Assumptions Underlying Forecasts for the Fiscal Periods Ending October 31, 2022 and April 30, 2023
Item
Calculation period

Portfolio assets
Total number ofinvestment units
issuedInterest-bearing debt

Assumptions

・・

The Fiscal Period Ending October 2022: May 1, 2022 to October 31, 2022 (184 days)
The Fiscal Period Ending April 2023: November 1, 2022 to April 30, 2023 (181 days)
The forecasts assume that MIRAI owns 37 assets as real estate and real estate trust beneficiaries (hereinafter the“Portfolio assets”) as of the released of this document.
It assumes that there is no movement of the “Portfolio assets” (acquisition of new assets and/or dispositions of assets).
Changes may occur in reality due to changes in the “Portfolio assets”.

・・

It is assumed that total number of investment units outstanding is 1,771,440 units.
No changes in the number of investment units due to any issuances of new units are assumed until April 30, 2023.

・Of the interest-bearing debt of 84,000 million yen as of today. MIRAI assumed that the current portion of long-term
debt of 7,000 million yen that will mature during the fiscal period ending April 30, 2023 would be refinanced into longterm debt.
The interest-bearing debt outstanding as of October 31, 2022 and April 30, 2023 is expected to be 84,000 million yen.
The LTV (based on total assets) as of October 31, 2022 and April 30, 2023 is expected to be approximately 49%.
The calculation of the LTV (based on total assets) uses the following formula.
LTV (based on total assets) (%) = total amount of interest-bearing debt outstanding / total assets
Lease business revenue from the “Portfolio assets” is calculated primarily by taking into account leasing contracts
effective as of today, trends in the real estate leasing market (vacancy rates, rent levels, etc.) and status of negotiation
with tenants. Revenue from the lease of the Acquisition is calculated primarily by taking into account information on
trends in lease contracts provided by the previous owner, etc., leasing contracts to be effective as of the scheduled dateof acquisition of the Acquisition, and trends in the real estate leasing market (vacancy rates, rent levels, etc.).
MIRAI disposed “Comfort Hotel Nagano” during the fiscal period ending October 31, 2022. It expects to receive 0
million yen for the fiscal period ending October 31, 2022 in gain on sales of real estate properties (disposition gain).
It is assumed that hotels with variable rent (“Smile Hotel Naha City Resort”, “Smile Hotel Hakataeki-mae” and “Smile
Hotel Nagoya-Sakae”) will not incur variable rent until the end of April 2023, excluding the period during which “Smile
Hotel Naha City Resort” is provided as a recovery accommodation facility for patients with minor illnesses of COVID19 (contract period: October 11, 2021 to October 31, 2022).
Expenses for the lease business other than depreciation are based on past records and information provided by theprevious owners, etc. while reflecting other variable factors into consideration.
In principle, the fixed asset tax, city planning tax, and depreciation asset tax (the “Fixed Asset and City Planning
Taxes”) of “Asset to be Acquired” during a fiscal year will be settled on the acquisition date with previous owners inproportion to holding period for the assets. Such costs are to be capitalized without having any impact to profit and/or
loss in the fiscal period of the acquisition.
Total repair expenses for buildings are calculated based on the repair plans developed by Mitsui Bussan & IDERA
Partners Co., Ltd., the asset manager of MIRAI and takes into account the engineering reports and appraisal reports,
and are accrued in each fiscal period. It should be noted, however, that the actual repair expenses in each fiscal period
may differ considerably from the estimates, mainly due to urgent repair expenses for any damages of assets arisingfrom unexpected factors, significant yearly fluctuations in the amount of repair expenses and the nature of repair
expenses whereby they do not arise on a regular basis.
Depreciation including incidental expenses is calculated using the straight-line method.
The breakdown of expenses for the lease business is as follows.
The Fiscal Period Ending
The Fiscal Period Ending
October 31, 2022
April 30, 2023
Outsourcing services:
382 million yen
374 million yen
Utilities expenses:
540 million yen
462 million yen
Taxes and dues:
422 million yen
422 million yen
Repair expenses:
104 million yen
79 million yen
Other expenses for leasing business:
260 million yen
246 million yen
Depreciation:
657 million yen
675 million yen
Other operating expenses (asset management fees, administrative servicing fees, etc.) are estimated to be 559 million
yen for the fiscal period ending October 31, 2022, and 559 million yen for the fiscal period ending April 30, 2023.
Interest expenses and borrowing-related expenses are estimated to be 287 million yen for the fiscal period ending
October 31, 2022, and 295 million yen for the fiscal period ending April 30, 2023.
Distributions per unit (excluding distributions in excess of earnings) are calculated based on the cash distribution policy
described in the Articles of Incorporation of MIRAI.
The amount of distributions per unit (excluding distributions in excess of earnings) may fluctuate due to various factors
such as acquisitions and sales of assets, changes in rent income caused by tenant relocations, unexpected repairs
incurred, and interest rate fluctuations.
Derivatives transactions (interest rate swaps transaction) will be continuously in place during the fiscal periods ending
October 31, 2022 and April 30, 2023. It is estimated that deferred losses on hedges as deduction from net assets (asspecified in Item 30-B, Clause 2, Article 2 of the Calculation Rules for Investment Corporations) is 2 million yen whichis the same amount as the fiscal period ended April 30, 2022. It is calculated based on the assumption that there is nochange in the market value of interest rate swaps.
As described above, no change in the amount of deferred losses on hedges as deduction from net assets is assumed in
the fiscal period ending October 31, 2022 and April 30, 2023, and distributions in excess of earnings related to theallowance for temporary difference adjustment are not scheduled at present.
Distributions in excess of earnings by decreasing unitholders’ capital under taxation are not scheduled at present.
Excluding above, it is assumed that impact of spread of COVID-19 will not be significantly wider than current estimate
and that the epidemic will not last longer. In reality, potential for the impact of spread of COVID-19 continuing to
expand and becoming prolonged cannot be ruled out.
The forecasts assume that no revisions that may impact the above projections will be made to laws and regulations,taxation, accounting standards, listing rules, the rules of the Investment Trust Association, Japan, or others.

・
・
・

・
・
・
・

Operating revenue

・
・

・
・

・

Operating expense・・・
Non-operating
expenses・・・Distributions per unit
(Excluding
distributions in excessof earnings)

Distributions inexcess of earnings per
unit

・

・

・
・

Others
・

－

3

－

Item
・

Assumptions
The forecasts assume no unforeseeable significant changes in the general economic trends and real estate market
conditions.

－

4

－

3. Financial Statements(1) Balance Sheet(Thousands of yen)
As of October 31, 2021
AssetsCurrent assets
Cash and deposits
Cash and deposits in trust
Operating accounts receivable
Prepaid expenses
Consumption taxes receivable
Other
Total current assets
Non-current assets
Property, plant and equipment
Buildings
Accumulated depreciation
Buildings, net
Structures
Accumulated depreciation
Structures, net
Machinery and equipment
Accumulated depreciation
Machinery and equipment, net
Land
Buildings in trust
Accumulated depreciation
Buildings in trust, net
Structures in trust
Accumulated depreciation
Structures in trust, net
Machinery and equipment in trust
Accumulated depreciation
Machinery and equipment in trust, net
Tools, furniture and fixtures in trust
Accumulated depreciation
Tools, furniture and fixtures in trust, net
Land in trust
Construction in progress in trust
Total property, plant and equipment
Intangible assets
Software
Other
Total intangible assets
Investments and other assets
Long-term prepaid expenses
Deferred tax assets
Guarantee deposits
Other
Total investments and other assets
Total non-current assets
Deferred assets
Investment corporation bond issuance costs
Total deferred assets
Total assets

－

5

－

As of April 30, 2022

2,542,119
2,331,887
227,272
131,784
57,17628
5,290,266

2,050,206
2,553,099
257,651
147,320
92,26687
5,100,631

436,737(10,017)426,720
564
(157)
407
4,230,785
35,077,401(4,536,603)
30,540,797
318,733(68,533)
250,199
207,051(62,426)
144,625
218,425(46,316)
172,109
119,722,380
54,691
155,542,717

436,737(16,131)420,605
564
(251)
313
4,770
(39)
4,730
4,230,785
37,118,626(5,133,371)
31,985,255
318,733(75,539)
243,194
220,610(69,918)
150,692
281,097(67,601)
213,496
129,097,520
93,037
166,439,632

18,640231
18,872

16,087231
16,318263,995
23
11,00656,134331,159
155,892,749

304,60418
11,00656,134
371,763
166,827,714

43,50043,500161,226,516

54,241
54,241
171,982,587

(Thousands of yen)
As of October 31, 2021
Liabilities
Current liabilities
Operating accounts payable
Distributions payable
Current portion of long-term borrowings
Accounts payable - otherAccrued expenses
Income taxes payable
Advances received
Deposits received
Other
Total current liabilities
Non-current liabilities
Investment corporation bonds
Long-term borrowings
Leasehold and guarantee deposits received
Leasehold and guarantee deposits received in trust
Derivatives liabilities
Total non-current liabilities
Total liabilities
Net assets
Unitholders' equity
Unitholders' capital
Deduction from unitholders' capital
Allowance for temporary difference
adjustments
Total deduction from unitholders' capital
Unitholders' capital, net
Surplus
Unappropriated retained earnings (undisposed
loss)
Total surplus
Total unitholders' equity
Valuation and translation adjustments
Deferred gains or losses on hedges
Total valuation and translation adjustments
Total net assets
Total liabilities and net assets

－

6

－

As of April 30, 2022

514,683
8,466
10,000,000
509,857
5,383
1,096
625,064
948
137
11,665,638

480,597
10,5037,000,000
502,516
3,471
981
660,487
5,001
17,854
8,681,414

5,000,000
63,700,000
150,1095,050,075
352,076
74,252,261
85,917,899

6,200,000
70,800,000
148,766
5,405,910
2,664
82,557,341
91,238,755

73,516,089

78,499,868(478,725)(350,732)(478,725)
73,037,364(350,732)
78,149,135

2,623,329

2,597,360

2,623,329
75,660,693

2,597,360
80,746,496(352,076)(352,076)
75,308,617
161,226,516(2,664)(2,664)80,743,832
171,982,587

(2) Statement of Income and Retained Earnings(Thousands of yen)
For the six-month
period ended
October 31, 2021
Operating revenue
Leasing business revenue
Other leasing business revenue
Total operating revenue
Operating expenses
Expenses related to leasing business
Asset management fee
Asset custody fees
Administrative service fees
Remuneration for directors (and other officers)
Other operating expenses
Total operating expenses
Operating income
Non-operating income
Interest income
Gain on forfeiture of unclaimed distributions
Interest on tax refund
Subsidy income
Total non-operating income
Non-operating expenses
Interest expenses
Interest expenses on investment corporation bonds
Amortization of investment corporation bond issuance
costs
Borrowing related expenses
Investment unit issuance expenses
Other
Total non-operating expenses
Ordinary income
Net income before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
Net income
Retained earnings brought forward
Unappropriated retained earnings (undisposed loss)

－

7

－

For the six-month
period endedApril 30, 2022

4,262,183
851,598
5,113,781

4,452,612
822,390
5,275,003

2,192,292
441,548
8,499
20,827
3,696
49,6412,716,506
2,397,275

2,203,860
434,547
8,916
18,5883,683
57,874
2,727,470
2,547,532

22
2,711
2,733

23
1,027
284
516
1,851

203,041
9,351

202,668
22,586

1,607

2,990

41,859255,859
2,144,149
2,144,149
1,099
(16)
1,083
2,143,066
480,2622,623,329

46,74025,7563,000
303,7422,245,641
2,245,641
985
5990
2,244,651
352,7092,597,360

(3) Statement of Changes in Net Assets
The Fiscal Period ended October 2021 (The 11th period from May 1, 2021 to October 31, 2021)(Thousands of yen)
Unitholders’ equity
Unitholders’ capital
Deduction from unitholders’ capital

Balance at beginning of period

Unitholders’capitalAllowance fortemporarydifference
adjustment

Total deduction
from unitholders’capitalUnitholders’ capital,net

73,516,089(463,764)(463,764)

73,052,324(14,960)(14,960)(14,960)-(14,960)(14,960)(14,960)

73,516,089(478,725)(478,725)

73,037,364

Changes during period
Dividends of surplus
Distributions in excess of earnings fromallowance for temporary difference
adjustments
Net income
Net changes in items other thanunitholders’ equity
Total changes during period
Balance at end of period(Thousands of yen)
Valuation and translation
adjustments

Unitholders’ equity
Surplus

Balance at beginning of period

Total surplus

Totalunitholders’equityDeferred
gains orlosses onhedgesTotalvaluationandtranslation
adjustments

2,538,115

2,538,115

75,590,440(480,108)(480,108)(2,057,853)(2,057,853)(2,057,853)(2,057,853)(14,960)(14,960)

2,143,066

2,143,066

Unappropria
ted retained
earnings(undisposed
loss)

Total net
assets75,110,331

Changes during period
Dividends of surplus
Distributions in excess ofearnings from allowance fortemporary difference
adjustments
Net income

2,143,066

2,143,066

Net changes in items otherthan unitholders’ equity
Total changes during period
Balance at end of period

128,032

128,032

128,032

85,213

85,21370,253

128,032

128,032

198,285

2,623,329

2,623,329

75,660,693(352,076)(352,076)

75,308,617

－

8

－

The Fiscal Period ended April 2022 (The 12th period from November 1, 2021 to April 30, 2022)(Thousands of yen)
Unitholders’ equity
Unitholders’ capital
Deduction from unitholders’ capital

Balance at beginning of period

Unitholders’capitalAllowance fortemporarydifference
adjustment

Total deduction
from unitholders’capital73,516,089(478,725)(478,725)

Unitholders’ capital,net

73,037,364

Changes during period
Issuance of new investment units

4,983,778

4,983,778

Dividends of surplus
Reversal of allowance for temporary
difference adjustments

127,992

127,992

127,992

Net income
Net changes in items other thanunitholders’ equity
Total changes during period

4,983,778

127,992

127,992

5,111,771

Balance at end of period

78,499,868(350,732)(350,732)

78,149,135(Thousands of yen)
Valuation and translation
adjustments

Unitholders’ equity
Surplus

Balance at beginning of period

Unappropria
ted retained
earnings(undisposed
loss)
2,623,329

Total surplus

Totalunitholders’equityDeferred
gains orlosses onhedgesTotalvaluationandtranslation
adjustments

2,623,329

75,660,693(352,076)(352,076)

Total net
assets75,308,617

Changes during period
Issuance of new investment
units
Dividends of surplus

4,983,778

4,983,778(2,142,627)(2,142,627)(2,142,627)(2,142,627)

temporary difference
adjustments(127,992)(127,992)--

Net income

2,244,651

2,244,651

2,244,651

2,244,651

Reversal of allowance for

Net changes in items otherthan unitholders’ equity

349,412349,412349,412

Total changes during period(25,968)(25,968)

5,085,802

349,412349,4125,435,214

Balance at end of period

2,597,360

2,597,360

80,746,496(2,664)(2,664)80,743,832

－

9

－

(4) Distribution Information(Yen)
Fiscal Period ended October 2021
(The 11th period from May 1, 2021
to October 31, 2021)
Ⅰ

Unappropriated retained earnings(undisposed loss)
Ⅱ
Capitalization
Reversal of allowance for temporary
difference adjustment
Ⅲ
Distributions[Distributions per unit]
Ⅳ
Retained earnings to be carried forward(retained loss)
Method of calculation of distributions

Fiscal Period ended April 2022
(The 12th period from November 1, 2021
to April 30, 2022)

2,623,329,217

2,597,360,578

127,992,480

348,961,200

127,992,480

348,961,200

2,142,627,360[1,289]2,244,414,480[1,267]352,709,377

3,984,898

In accordance with the distribution policy set
forth in Article 36 (1) of the Articles ofIncorporation of MIRAI, the distribution
amount is to exceed 90% of the distributable
income of MIRAI as stipulated in Article 67.15
Paragraph (1) of the Act on Special Measures
Concerning Taxation. Based on this policy,
2,142,627,360 yen, which is the total amount of
unappropriatedretainedearnings
after
deduction of reversal of allowance fortemporary difference adjustment (as stipulated
in Article 2, Paragraph 2, Item 30 of theOrdinance on Accountings of Investment
Corporations), excluding a fraction of one yen
in distribution per investment unit, will be paid
as distribution (exclusive of distributions inexcess of earnings).

In accordance with the distribution policy set
forth in Article 36 (1) of the Articles ofIncorporation of MIRAI, the distribution
amount is to exceed 90% of the distributable
income of MIRAI as stipulated in Article 67.15
Paragraph (1) of the Act on Special Measures
Concerning Taxation. Based on this policy,
2,244,414,480 yen, which is the total amount of
unappropriatedretainedearnings
after
deduction of reversal of allowance fortemporary difference adjustment (as stipulated
in Article 2, Paragraph 2, Item 30 of theOrdinance on Accountings of Investment
Corporations), excluding a fraction of one yen
in distribution per investment unit, will be paid
as distribution (exclusive of distributions inexcess of earnings).

－

10

－

(5) Statement of Cash Flows(Thousands of yen)
For the six-month
period ended
October 31, 2021
Cash flows from operating activities
Net income before income taxes
Depreciation
Amortization of investment corporation bond issuancecosts
Investment unit issuance expenses
Interest income
Interest expenses
Decrease (increase) in operating accounts receivable
Decrease (increase) in prepaid expenses
Decrease (increase) in consumption taxes refund
receivable
Increase (decrease) in operating accounts payable
Increase (decrease) in accounts payable - other
Increase (decrease) in accrued consumption taxes
Increase (decrease) in advances received
Decrease (increase) in long-term prepaid expenses
Other, net
SubtotalInterest received
Interest paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment
Purchase of property, plant and equipment in trust
Refund of leasehold and guarantee deposits received
Proceeds from leasehold and guarantee deposits
received
Refund of leasehold and guarantee deposits received intrust
Proceeds from leasehold and guarantee deposits
received in trust
Payments for restricted deposits held in trust
Other payments
Net cash provided by (used in) investing activities
Cash flows from financing activities
Repayments of short-term borrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Proceeds from issuance of investment corporation
bonds
Proceeds from issuance of investment units
Distributions paid
Net cash provided by (used in) financing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

－

11

－

For the six-month
period endedApril 30, 2022

2,144,149
610,859

2,245,641
641,351

1,607

2,990

(22)
212,392(110,073)
1,574

25,756(23)
225,254(30,379)(15,536)(57,176)(35,090)

11,42324,998(314,647)
26,51054,513(5,958)2,600,151
22(208,138)(755)
2,391,279(110,213)(6,886)35,423(40,609)
20,682
2,958,361
23(227,166)(1,100)2,730,118(12,351)(650,724)-(11,455,784)(3,486)

6,798

2,144

(278,365)(155,587)

58,053

511,422(0)(876,589)(0)(4,254)(11,105,547)(3,000,000)
1,500,000(1,500,000)

14,100,000(10,000,000)

2,975,530

1,186,268(2,072,850)(2,097,319)(582,630)
5,274,535
4,691,905

4,958,022(2,139,562)
8,104,728(270,701)
4,691,905
4,421,204