Investor Relations

INVESTOR RELATIONS

At a Glance

FY2024 targets for operating profit and debt/equity ratio

130.0billion yen

Under2.1times

The targets for FY2024 are operating profit of 130.0 billion yen and a debt/equity ratio of under 2.1 times.

Office building ratio of four central wards of Tokyo

95%

Currently, 95% of office buildings owned by Tokyu Land and consolidated silent partnerships are located in the four central wards (Chiyoda, Chuo, Minato, Shibuya) of Tokyo.

  • *As of March 31, 2024

Vacancy rate

4.8%

Most of our office buildings and commercial facilities have consistently low vacancy rates. Locations that are mainly in areas of the Kanto and Kansai areas where demand is high, a large number of relatively new buildings, and outstanding building quality all contribute to keeping vacancy rates low.

  • *Vacancy rate excluding Shibuya Sakura Stage: 1.1%
  • *As of March 31, 2024

Floor area of office and commercial buildings

1,675,397
m2

The total floor area of office and commercial buildings owned by Tokyu Land and consolidated silent partnerships consists of about 52.7% office space and 47.3% commercial space.

  • *As of March 31, 2024

Condominium units sold

1,280units

This is the number of condominium units sold by Tokyu Land in FY2023. Most of these units are in buildings using the BRANZ brand and located in the Tokyo and Kansai areas.

  • *As of March 31, 2024

Condominium units under management

845thousand units

The Tokyu Community Group manages condominiums and buildings.
Under comprehensive management: 506,154 units, Under facility management: 339,087 units.

  • *As of March 31, 2024

Brokerage transactions

30,265

The Tokyu Livable Group, which accounts for most of the Tokyu Land Group’s real estate brokerage activities, ranks among the leading brokers in Japan in terms of the number of transactions.

  • *As of March 31, 2024