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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① FY2023 Q1 (First Three Months)

Strategic Investment segment.

Operating revenues were 24.6 billion yen and operating profit was 5.4 billion yen, down from the same period last year.
The Infrastructure & Industry business reported higher profit due to the sale of logistics facilities, while the Overseas business reported lower profit due to the absence of equity sales.

As for the full-year forecast, both revenues and profit are expected to increase from the previous year, as shown in the lower part of this page.
The Infrastructure & Industry business is expected to post an increase in profit due to an increase in asset sales of logistics facilities, etc.,
despite a decrease in equity sales of logistics facilities.