tokyu land corporation

Financial Highlights FY2022 Third Quarter (First Nine Months) Ended December-31, 2022

 

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Contents

Summary of the Financial Results for FY2022 Third Quarter

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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FY2022 Q3 (First Nine Months) Operating Results, major index

This is an overview of our financial results for the third quarter of the fiscal year.

Operating revenue came to 641.7 billion yen, operating profit to 62.0 billion yen, ordinary profit to 54.5 billion yen, and profit attributable to owners of parent to 30.9 billion yen, meaning that both revenues and profit increased year-on-year.
We recorded some impairment losses related to decisions made for business portfolio management, but we achieved our highest ever results for operating revenue and each level of profit for the third quarter.

Our D/E ratio was 2.2x, or 2.0x after taking hybrid financing into consideration.