tokyu land corporation

Financial Highlights
FY2015 Second Quarter (First Six Months) Ended Sep-30, 2015

 

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Disclaimer

Progress in the Medium- and Long-Term Management Plan "Value Frontier 2020" (1)

Progress in the Medium- and Long-Term Management Plan "Value Frontier 2020" (2)

Return to Shareholders

FY2015 Q2 (First Six Months) Operating Results

FY2015 Q2 (First Six Months) Segment performance

Summary of balance sheets

FY2015 Forecast (Operating Results)

FY2015 Forecast (Segment performance)

Segment Performance

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands/Innovation Business

Changes in Equity and Interest-bearing Debt

Reference

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FY2015 Forecast (Operating Results)

I will now provide you with a briefing on our full-year forecast for the fiscal year ending March 2016.
We expect operating revenue to be ¥800 billion, operating income to be ¥65 billion, ordinary income to be ¥52 billion, and net income to be ¥26.5 billion for the fiscal year ending March 2016.
We expect higher revenue and income based on the strong performance of the real-estate agent and Tokyu Hands businesses, and an increase in the sale of buildings for investors, etc.
Compared with the initial forecast, we have revised the operating revenue upward by ¥20 billion, mainly reflecting the review of sales plans for buildings for investors, etc.
We anticipate that interest-bearing debt will be ¥1,185 billion and the D/E ratio will be 2.9.
With respect to dividends, we plan to pay annual dividends of ¥11 per share as initially planned.