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 Segment performance Forecast

The following is a breakdown by segment of the forecast for fiscal year ending March 31, 2024.
Operating profit is expected to increase year-on-year in the Property Management & Operation segment and the Real Estate Agents segment, while it is expected to decrease in the Urban Development segment and the Strategic Investment Business segment.
Of the gross profit from asset sales projected for March 2024, approximately 60% has already been sold or contracted.
The segment's strategic investment business segment is expected to increase profit year-on-year.