tokyu land corporation

Financial Highlights
FY2019 Ended Mar-31, 2020

 

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Cover

Disclaimer

Contents

Trends in Results and Polices of FY2020 Earnings Forecasts

Action Policies in FY2020

Overview of Results of the Fiscal Year Ended March 31, 2020 and Forecast for the Fiscal Year Ending March 31, 2021

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands

Innovation Business

Development of Business to Address Social Issues

Trends in equity and interest-bearing debt

Sustainable Management

Issuance of green bonds

Return to Shareholders

Reference

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(7) Logistics facilities business

This shows our initiatives for logistics facilities projects.

We are developing logistics facilities under the brand name LOGI’Q to expand asset types in the cyclical reinvestment business.

As of the end of March 2020, we were working on 12 projects, 8 properties in operation and 4 properties under development. The balance of investments was 25.7 billion yen. The total floor area stood at 594,000 ㎡.

The right side of the page describes LOGI’Q Miyoshi, which was completed in January 2020. LOGI’Q Miyoshi is a BTS logistics facility. The project began as a warehouse rebuilding project for ASKUL Corporation.
At the property, we pursue safety. We have used the Group’s resources, including the interior design of Tokyu Hands and the support of the health of employees by Tokyu Sports Oasis.

We believe that the need for logistics facilities will increase as the e-commerce market grows.
We will continue to develop logistics properties using the expertise that the Group has developed in other business fields as we did in the development of LOGI’Q Miyoshi.