tokyu land corporation

Financial Highlights FY2021 Ended Mar-31, 2022

 

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Contents

Summary of Financial Results for FY2021, and Forecast for FY2022

Segment Overview

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Sustainability and DX Initiatives

Financial Capital Strategy

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FY2022 Performance forecasts and major indicators

We will now go over our business performance forecast for the fiscal year ending March 31, 2023.

We are targeting 1,000.0 billion yen in operating revenue, 90.0 billion yen in operating profit, 76.0 billion yen in ordinary profit, and 37.0 billion yen in profit attributable to owners of parent. Operating profit is expected to reach a record high for the second consecutive year.

Our targets for interest-bearing debt at the end of period, and D/E ratio are 1,500.0 billion yen, and 2.3x, respectively.
We are planning on paying an annual dividend of 18.0 yen per share, an increase of 1.0 yen from the previous fiscal year with a dividend payout ratio of 35.0% due to an increase in profit attributable to owners of parent.