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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Transitions in Operating Profit by Business Segment

This shows transitions in operating profit by business segment.

For the Urban Development segment, we’ll proceed to replace our portfolio and improve quality while maintaining our asset size.
As to our Strategic Investment, we plan to double revenue through renewable energy and the operation of our logistics facilities.
With the Property Management and Operation segment, we expect recovery in tourism, including in-bound demand, during the latter half of our plan.
The Real Estate Agents segment foresees continuous growth on the back of a favorable market.

And as a KPI for improved efficiency, we have set our ROA objective for asset-utilizing businesses at 3.6 percent.
We will make this happen by getting large‐scale development projects underway, expanding our high-efficiency initiatives such as renewable energy, and strengthening our rotating businesses.
As for our businesses utilizing human capital, we will set out to achieve operating profit at 8.1 percent, supported by a recovery in tourism demand.