tokyu land corporation

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

 

TOP

Cover

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

Download the PDF


Prev. Page Next Page

① FY2023 Q2  (First Six Months)

This is about the Strategic Investment segment.

In the second quarter, operating revenues were 53.0 billion yen and operating profit was 9.5 billion yen, up from the same period last year.
The infrastructure & industrials business reported increase in profit due to the sale of logistics facilities, while the overseas business reported decrease in profit due to the absence of equity sales.

As for the full-year forecast, as shown in the lower part of the chart, we expect an increase in revenues and a decrease in profit compared to the previous year. The infrastructure & industry segment is expected to increase in profit due to an increase in asset sales of logistics facilities, while the overseas business is expected to decrease in profit due to an increase in interest expenses.