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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(2) Performance indicators in sales agency operations

I would now like to explain the operating indicators in the real estate sales agent business.

In the fiscal year ended March 2014, the number of transactions and revenues increased approximately 18% and 20% year on year respectively, given, in particular, a strong performance in retail sales and the continued favorable response to new services, such as the Livable Safe Agent Guarantee that was launched in the previous fiscal year.
We also continue to strive to strengthen our services, mainly by launching the inheritance tax replacement payment service, while we also opened 12 new stores.
In wholesale sales, we also focused on improving our services for investors both in Japan and overseas. As a result, while the number of transactions increased only slightly, the average handling price rose significantly, from ¥220 million in the previous fiscal year to ¥292 million, and the revenues rose 35% year on year.

As presented in the plan for the fiscal year ending March 2015, shown in the table on the bottom right, we expect that the number of transactions will increase year on year and revenues will also rise 5.5% year on year in both retail sales and wholesale sales.