tokyu land corporation

Financial Highlights FY2022 Second Quarter (First Six Months) Ended Semtember-30, 2022

 

TOP

Cover

Disclaimer

Contents

Summary of the Financial Results for FY2022
Second Quarter, and Forecast for FY2022


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

Download the PDF


Prev. Page Next Page

Revision of forecast for the FY 2022

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

This graph shows our business results for the last fiscal year and operating profit for each segment under both the full-year forecast that we announced in May and the full-year forecast that we recently announced.
The 90.0 billion yen in operating profit that we announced in May was slated to be our highest on record. With our current full-year forecast, we are anticipating an additional 5.0 billion yen on top of that.

Our Urban Development business segment will see an increase in profit over our original forecast due largely to an increase in the number of units sold of condominiums, whose sales continue to be favorable.
The decrease in profit that our Strategic Investment business segment will experience due largely to the postponing of sales of assets in our overseas operations will be compensated for largely by an increase in gains on sales of logistics facilities. Profit in this segment is therefore predicted to increase over our initial forecast.
Although the recovery in Wellness business will steadily progress, our Property, Management & Operation business segment will see a decrease in profit over our initial forecast due largely to a decrease in construction profit under our property management business.
We anticipate a further increase in profit in the Real Estate Agents business segment, particularly in our real estate agents business.