tokyu land corporation

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

 

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Cover

Disclaimer

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) Segment performance

On the top, there is a breakdown of operating profit for each segment for the third quarter.
We posted increases in profit over the same quarter last year in three segments, the exception being the Urban Development business segment, which experienced a decline in gains on the sale of assets.

The table below shows revenues from sales of assets for each segment.
We plan to sell offices, commercial facilities, etc., in the fourth quarter, so our rate of progress toward our full-year forecast is low, but the real estate transaction market remains brisk.
As of the third quarter, we have been making steady progress toward our full-year forecast for asset sales, particularly in relation to rental housing and logistics facilities.