tokyu land corporation

Financial Highlights FY2023 First Quarter (First Three Months) Ended June-30, 2023

 

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Contents

Progress of Medium-Term Management Plan

Summary of the FY2023 First Quarter (First Three Months) Ended June 30, 2023

Segment Overview

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Partner co-creation initiatives

Sustainability and DX Initiatives

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Market value appraisal for leased properties (As of March 31, 2023)

This is the market value of leased properties as of the end of the fiscal year ended March 31, 2023.

As shown in the upper row, unrealized gains on leased properties such as office buildings and commercial facilities totaled 299.8 billion yen, an increase of 25.7 billion yen compared to the end of the previous period.

The NOI yield of occupied rental properties is approximately 5%.