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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Summary of Cash flow and Investment plan

Cash Flow and Investment Plans and Results.

Investments for the fiscal year ending March 31, 2024 are expected to be high level due to the completion of major projects, capital investments are planned mainly for Shibuya Sakura Stage (Shibuya Sakuragaoka Block Urban Redevelopment Project), while inventories are planned mainly for logistics facilities and rental housing, and as of the second quarter, progress is being made steadily against the full-year plan.