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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FY2023 Earnings Forecasts, major index

We would like to provide an overview of our earnings forecast for the fiscal year ending March 31, 2024.

We have revised our earnings forecast upward, and now project operating revenues of 1,120.0 billion yen, operating profit of 115.0 billion yen, ordinary profit of 104.5 billion yen, and profit attributable to owners of the parent of 64.0 billion yen, with an improved ROE of 8.9%.

The full-year dividend remains unchanged from the original forecast.