tokyu land corporation

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

 

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Disclaimer

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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Gross profit on sales and land and buildings for sale by assets

This is a gross profit on sales and land and buildings for sale by assets.

Against the backdrop of favorable trading market conditions, we are promoting efficient asset turnover and profit generation.
As shown in the graph on the left, gross profit on sales of assets for the second quarter amounted to 26.4 billion yen, showing steady progress.
Investments in land and buildings for asset sales, as shown in the graph on the right, have also progressed steadily since the end of the previous fiscal year.

We will continue to actively sell assets, including asset replacements.
In addition, as part of our long-term management policy of " Co-Creation with partners," we will expand the number of assets involved by utilizing other people's capital to improve efficiency.