tokyu land corporation

Financial Highlights FY2022 Ended March-31, 2023

 

TOP

Cover

Disclaimer

Contents

Progress of Medium-Term Management Plan

Summary of the Financial Results for FY2022, and Forecast for FY2023

Segment Overview

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Sustainability and DX Initiatives

Overview of the Medium-term management plan 2025

Download the PDF


Prev. Page Next Page

Progress of Medium-Term Management Plan (Financial Targets)

In FY2022, thanks largely to the strong real estate transaction market and a recovery in both domestic and inbound demand, all of our target indicators surpassed our forecasts, enabling us to cross the milestone of 1 trillion yen in operating revenue and 100 billion yen in operating profit.

For FY2023, despite a lack of clarity in our business environment, we anticipate the continued strong performance of the real estate transaction market and further recovery in hotel and other inbound demand, among other elements. We are targeting operating profit and profit attributable to owners of parent exceeding those recorded in the previous fiscal year.

In FY2022, ROE improved to 7.3%, and we are targeting a further increase to 8.8% in FY2023.
All indicators are showing steady progress towards the achievement of the targets under our medium-term management plan.