tokyu land corporation

Financial Highlights FY2012 Ended Mar-31, 2013

 

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Disclaimer

FY2012 Operating Results

FY2012 Segment performance

Summary of balance sheets

FY2013 Forecast (Operating Results)

FY2013 Forecast (Segment performance)

Leasing of Real Estate

Real Estate Sales

Facility Operations

Other Segments

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FY2012 and FY2013 Forecast

Now, I will explain the remaining segments.

In the fiscal year ended March 2013, both revenues and income increased in three segments, Contracted Construction, Property Management and Real Estate Agents.
The Retail Sales segment recorded lower revenues and income, mainly reflecting a decrease in revenues at the existing outlets, although Tokyu Hands opened three new Hands stores and six "hands be" small-scale outlets.

With respect to forecasts for the fiscal year ending March 2014, the Retail Sales segment is expected to record higher revenues and income, chiefly due to the opening of new stores. The Property Management segment is also set to post higher revenues and income, mainly attributable to the inclusion of United Communities into consolidated subsidiaries. Similarly, the Real Estate Agents also anticipates gains in revenues and income, primarily because of increases in the number of transactions involving consignment sales.