tokyu land corporation

Financial Highlights FY2023 Third Quarter (First Nine Months) Ended December 31, 2023

 

TOP

Cover

Disclaimer

Contents

Progress of Medium-Term Management Plan and Initiatives to Enhance Corporate Value

Summary of the FY2023 Third Quarter (First Nine Months) Ended December 31, 2023

Segment Overview

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Co-Creation with Partners initiatives

Sustainability Initiatives

DX Initiatives

Download the PDF


Prev. Page Next Page

Changes in Share Price, etc.  (2019.10.1〜2024.2.7)

Here are our stock price, BPS (Book Value Per Share), and ROE (Return on Equity) from October 1, 2019 to February 7, 2024.

Our stock price has declined significantly since late February 2020 due to the spread of the new coronavirus infection,
Our stock price fell sharply after late February 2020 due to the spread of the COVID-19 infection, and our business performance was also greatly affected by the COVID-19.

Subsequently, ROE has recovered along with the recovery from the COVID-19 impact, however,
In the fiscal year ending March 31, 2023, ROE has improved to 7.3%, and is expected to improve further in the fiscal year ending March 31, 2024, thanks to the favorable real estate market environment and a stronger-than-expected recovery in inbound demand.

In the stock market, the Bank of Japan's monetary easing policy and other factors are expected to have a positive impact on the macroeconomy and policy trends.
However, the Company intends to achieve a higher ROE level through intensive business restructuring from the fiscal year ending March 31, 2022 to the fiscal year ending March 31, 2023, and to promote stable shareholder returns, such as increased dividends, in line with profit growth.