The main driver of the results was an increase in the operating margin and this is a credible performance in light of the cost pressures prevalent and limited movement in the average sales price.

We do not encourage people to have video screens operating where the driver can see them.

The results confirmed that there is a better operating environment. There is not a lot of available space in Tokyo now in prime-grade office buildings. We expect to see quite decent rental growth from this point.

Given how close to the margin we've been operating, I think it would be prudent to avoid the expense and conduct the search ourselves.

I'm optimistic because the results are unknown, and the margin certainly is razor thin,

It's been widely expected that they would come in with a poor trading statement, and so it proved. The stock has become detached from the rest of the sector over the past 4-6 months. Its valuation attractions have managed to hold the shares today.