Next, an analysis of the major reasons for the occurrence of extraordinary gains and losses.
Under extraordinary gains, continuing from the previous year, profits of 5.0 billion yen were generated from land sales of affiliated companies. As extraordinary losses in the previous period, losses of 5.6 billion yen arose from the termination of a joint development project with Saab Automobile AB due to dissolution of the alliance with General Motors Corporation. Among those losses, however, the areas that can be diverted for use in future development models are being utilized for that purpose, with a 1.5 billion yen reversal on losses occurring.
Under extraordinary losses, 0.9 billion yen in losses were generated from the liquidation of Fuji AT Ltd, which was a joint venture with JATCO Ltd.