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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① FY2021 Results and FY2022 Forecasts

Next, we will cover the Real Estate Agents business segment.

In FY2021 ended March 31, 2022, operating revenue came to 234.5 billion yen and operating profit to 26.1 billion yen, representing increases in revenues and profit year on year.
Real estate sales agent operations showed increased profit particularly in real-estate sales agent transactions largely due to a brisk real estate transaction market.
In our Rental Housing Service business, profit decreased due to a lesser bounce-back in property sales.

For the fiscal year ending March 31, 2023, we are forecasting operating revenue of 257.0 billion yen and operating profit of 27.8 billion yen, representing increases in revenues and profit year on year.
Similar to the previous fiscal year, real-estate sales agent transactions will show an increase in profit in the brisk real estate transaction market.