tokyu land corporation

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

 

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Cover

Disclaimer

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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Initiatives to realize a decarbonized society (TCFD)

We would like to explain our commitment to the TCFD.

In March 2019, our Group became the first developer in Japan to endorse the TCFD protocol and has participated in the TCFD Consortium, a domestic organization that discusses TCFD initiatives, since its inception.

In the fiscal year ended March 31, 2022, we assessed and disclosed medium-term (2030) and long-term (2050) risks and opportunities in our urban, resort, residential, and renewable energy businesses under three scenarios: 1.5°C, 3°C, and 4°C.

We recognize that climate change is a major issue for the Group and that it represents a risk and opportunity that will affect our strategies and finances in the medium to long term.
We will continue to take measures based on the mandates of the TCFD and will continue to make appropriate disclosures to gain a broad understanding of the issues.