tokyu land corporation

Financial Highlights
FY2013 Ended Mar-31, 2014

 

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FY2013 Financial Highlights

FY2013 Operating Results

FY2013 Segment performance

Summary of balance sheets

Summary of the Medium-term Management Plan, Value Innovation 2013

Status of the Establishment of a Holding Company System

Change of Segment Categories(1)

Change of Segment Categories(2)

FY2014 Forecast (Operating Results)

FY2014 Forecast (Segment performance)

Segments performance

Leasing of Real Estate/Urban Development

Real Estate Sales/Residential

Property Management

Real Estate Agents

Wellness/Tokyu Hands/Business Innovation and Others FY2014 Forecast

Changes in Equity and Interest-bearing Debt

Changes in Dividend Payments

Reference

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(1)FY2013 and FY2014 Forecast

Next, I would like to present the results of the Real-Estate Agents segment for the fiscal year ended March 2014 and the forecast for the Real-Estate Agents segment for the fiscal year ending March 2015.

In the fiscal year ended March 2014, operating revenue rose ¥9.3 billion from the previous fiscal year, to ¥51.6 billion, and operating income increased ¥3.7 billion, to ¥8.5 billion.

The Real-Estate Agents segment recorded higher revenues and income due to a rise in the number of transactions and contracted prices in both retail sales and wholesale sales in the real estate sales agent business, as well as an increase in the number of deliveries in the consignment sales business.

As for the forecast for the fiscal year ending March 2015, we expect operating revenue of ¥59 billion, up ¥0.7 billion from the previous fiscal year, and operating income of ¥9.3 billion, rising ¥0.1 billion year on year.
We anticipate higher revenues and income in the segment, mainly reflecting continued strong performance in the real estate sales agent business, offsetting lower revenues in the consignment sales business, due to a decline in the number of deliveries of condominiums.