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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① FY2022 Q3 (First Nine Months)

Next, we will cover the Real Estate Agents segment.

For the third quarter, operating revenue came to 188.5 billion yen and operating profit to 24.8 billion yen, representing increases in both revenues and profit over the same quarter last year, thanks to factors such as the good performance of real-estate sales agents services and real-estate sales.

In our full-year forecasts, we forecast operating revenue of 263.0 billion yen and operating profit of 31.0 billion yen, as we expect increases in sales and profits centered on real-estate sales agents services amid continuing briskness in the real estate transaction market.