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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① FY2022 Results and FY2023 Forecasts

Next, we will cover the Real Estate Agents segment.

In FY2022, which ended March 31, 2023, operating revenue came to 263.0 billion yen and operating profit to 33.7 billion yen, representing increases in revenues and profit year on year, thanks to factors such as the good performance of real-estate sales agency services and real-estate sales.

For FY2023, which will end March 31, 2024, we forecast operating revenue of 278.0 billion yen and operating profit of 34.9 billion yen, as we expect increases in sales and profits centered on real-estate sales agency services amid continuing briskness in the real estate transaction market.