tokyu land corporation

Financial Highlights FY2022 First Quarter (First Three Months) Ended June-30, 2022

 

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Contents

Summary of the FY2022 First Quarter (First Three Months) Ended June 30, 2022

Segment Overview

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Sustainability and DX Initiatives

Financial Capital Strategy

Overview of the Medium-term management plan 2025

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Market value appraisal for leased properties (As of March 31, 2022)

What follows is the market value appraisal for leased properties as of March 31, 2022.
There has been no change from our announcement in May.

As stated in the upper section, unrealized gains on leased properties such as office buildings and commercial facilities amounted to 274.1 billion yen, an increase of 8.8 billion yen from the end of the previous fiscal year.

Of the pre-opening properties, KUDAN-KAIKAN TERRACE completed in July 2022, was included in the appraisal.
Unrealized gains are increasing partly because existing projects are operating steadily as well.