|
|
|
|
|
|
|
This shows our cash flow position.
In the fiscal year ended March 31, 2019, cash used in investing activities totaled 60.4 billion yen, mainly due to the acquisition of property and equipment, intangible assets and investment securities. However, because cash provided by operating activities of 44.5 billion yen and financing activities of 139.1 billion yen such as stock issuance and the proceeds from interest-bearing debt were appropriated for the cash used in investing activities, cash and cash equivalents at the end of the fiscal year stood at 184.8 billion yen.
For reference, the actual results and plans of investments are shown on the lower part of the slide.
In the fiscal year ended March 31, 2019, we mainly made investments in infrastructure facilities and commercial facilities that are currently in operation, and the investment in real estate for sale in the Urban Development segment amounted to 96.8 billion yen.
In the ongoing challenging environment for the acquisition of land for condominiums, we carefully selected and made investments of 40.5 billion yen. We made capital investments of 89.8 billion yen, primarily in large redevelopment projects and Tokyu Stay.
For the fiscal year ending March 31, 2020, we plan to make investments in real estate for sale of 100 billion yen, including investments in office buildings, commercial facilities, and infrastructure facilities.
We plan to invest 45 billion yen in land for condominiums while maintaining our policy of carefully selecting investments. We are planning capital investments of 140 billion yen, which includes investments in scheduled projects such as Shibuya and other large redevelopment projects.
Of these projects, investments in the Greater Shibuya Area that were made in the fiscal year ended March 2019 totaled 46 billion yen, and those planned for the fiscal year ending March 2020 amount to 100 billion yen.
|
|
|