tokyu land corporation

Financial Highlights
FY2017 Ended Mar-31, 2018

 

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FY2017 Financial Highlights

FY2017 Operating Results

FY2017 Segment performance

Summary of balance sheets

Market value appraisal for leased properties

Summary of Cash Flows

FY2018 Forecast (Operating Results)

FY2018 Forecast (Segment performance)

Trends in equity and interest-bearing debt

Return to Shareholders

ESG management

Segment Performance

Reference

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Summary of balance sheets

Next is the overview of the balance sheet.

Total assets increased ¥109.6 billion from the end of the previous fiscal year, to ¥2,176.8 billion at the end of March 2018.
Land and buildings for sale increased due to investment in the renewable energy business and other infrastructure-related projects.
As for investment and loans, investment securities increased mainly due to investment in the joint investment business with Norges Bank.

Liabilities increased ¥72.5 billion from the end of the previous fiscal year mainly due to new investment with interest-bearing debt of ¥1,210.4 billion.

In addition, from this presentation, the breakdown of inventories, including land and buildings for sale, and the breakdown of interest-bearing debt are stated in a pie chart on the right of the slide.

The breakdown of inventories includes the balance of the Urban Development segment, accounting for 41% of the whole, ¥201.4 billion, such as offices, commercial facilities and infrastructure-related properties. The balance of the Residential segment is 37%, ¥180.9 billion, specifically condominiums and rental housing. The balance of the Real-Estate Agents segment is 7%, ¥32.6 billion yen, including the purchase and resale business.