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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Business Portfolio Management

As we proceed in formulating our medium-term management plan, we evaluated our key businesses based on the dual axes of quantitative and qualitative evaluation and sorted their respective directions as follows: implement, revise and implement, and fundamentally restructure.
Stocks in the Tokyu Hands business, which we position as requiring fundamentally restructuring, will be transferred to a new partner, while based on the TCFD scenario and other factors, we will initiate an asset-light strategy for golf courses, ski resorts, and other such items in our leisure business.
For our healthcare business, which borders along revise and implement, we will restructure with a focus on facilities in our fitness business.
As for our commercial facility business, we intend to convert to facilities that meet needs for experiential and emphatic consumption and replace the content of our asset portfolio.