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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FY2022 Analysis of segment performance

This is an analysis of year-on-year changes in operating profit by segment for the fiscal year ended March 31, 2023.

Regarding the indications in red under the Urban Development and Property Management & Operation business segments, values in cases where losses on COVID-19 impact recorded in the first quarter of the previous fiscal year were not transferred to extraordinary losses are indicated.

Overall, factors such as strong sales of assets and real estate sales agents and a recovery in Wellness yielded an increase in operating profit of 26.6 billion yen year on year, or 28.1 billion yen prior to transfer of losses on COVID-19 impact.

Details are explained on the page for each segment.