tokyu land corporation

Financial Highlights FY2023 Second Quarter (First Six Months) Ended September 30, 2023

 

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Contents

Highlights

Progress of Medium-Term Management Plan and Initiatives to Enhance Corporate Value

Summary of the FY2023 Second Quarter (First Six Months) Ended September 30, 2023, and Earnings Forecasts

Segment Overview

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Partner co-creation initiatives

Sustainability Initiatives

DX Initiatives

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Market value appraisal for leased properties

This is the market value appraisal for leased properties as of the end of the fiscal year ending March 31, 2023.
There is no change from the contents that we announced in May.

As shown in the upper row, unrealized profits of 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 on operating properties is approximately 5%.