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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Science-Based Targets for the Low-Carbon Transition

We would like to explain our specific efforts to achieve SBT certification (1.5°C level).

With regard to Scope 1 and 2, Tokyu Land Corporation achieved the target of more than 50% reduction of CO2 emissions by itself one year ahead of schedule from FY2023 to FY2022 by switching to renewable energy at its main facilities and other measures.

For Scope 3, it is necessary to collaborate with partners such as construction companies and provide decarbonization value to customers.
We will aim to achieve the target by raising the ZEB/ZEH level of developed properties, acquiring environmental certifications for owned properties, and introducing ICPs.