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 Expansion of renewable energy business

These are the results of the renewable energy business up to this point and our future plan for that business.

As of September 30, 2022, relative to the total amount of investment for facilities decided upon by the Company of 286.3 billion yen, the total amount of investment that it made in properties in operation was 201.6 billion yen (before depreciation, amortization, etc. are taken into consideration).
In the next three years, nearly all facilities that have been decided upon are scheduled to enter operation.

From the perspective of the Group, which has positioned environmental management as a groupwide policy, the renewable energy business is a key business from the standpoint of realizing a decarbonized society as well.
While the Group principally engages in solar power generation projects at this point in time, going forward, it will also focus on acquiring new projects for wind power generation and non-FIT operations, and will strive to further expand this business.