tokyu land corporation

Financial Highlights FY2022 Ended March-31, 2023

 

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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

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Progress in business portfolio management②

Looking at the businesses that we positioned under “revise and advance,”
for Commercial Facilities, we will proceed to implement leasing activities that accommodate shifts in spending behavior as seen in the recovery in inbound spending and the continued expansion of the e-commerce (EC) market, and renovate facilities in order to provide new value.

For overseas operations, while paying close attention to market shifts mainly accompanying policy interest rate hikes by the US government, we will improve our existing businesses and capture new business opportunities in order to boost profitability.

For Property Management, rather than profit growth through expanding our stock of properties, we will endeavor to improve productivity and profitability and expand our business domains by making the transition from “quantity” to “quality.”

For Wellness, particularly Hotels and Leisure, we will carry out initiatives aimed at growing operating revenues that capture the recovery in domestic and inbound demand and promote operations aimed at growing the profit of our membership hotels and condominium development businesses.

For Healthcare, we will bolster joint promotion, purchasing and other efforts with RENAISSANCE INC., whom we entered a capital alliance with, and aim to bring that business into the black at an early stage.