tokyu land corporation

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

 

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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

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③ FY2022 Q2 (First Six Months)

We will now discuss our Strategic Investment segment.

In the Second Quarter, operating revenue came to 33.8 billion yen and operating profit to 8.6 billion yen, representing increases in revenues and profit over the same quarter last fiscal year.
Our Infrastructure & Industry business experienced an increase in profit largely due to the sale of logistics facilities and an increase in renewable energy facilities put into operation.

For our full-year forecast, we project operating revenue of 75.0 billion yen and operating profit of 11.8 billion yen, representing an increase in revenues but a decrease in profit from the previous year.
In Infrastructure & Industry, profit is expected to increase due largely to the increase in the sale of logistics facilities and an increase in renewable energy facilities put into operation. Conversely, profit is expected to decrease in our overseas operations due largely to the absence of transient profits and an increase in costs that include the effects of forex and the rise in interest rates.