tokyu land corporation

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

 

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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

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FY2023 Q3  (First nine months) Summary of balance sheets

This is a summary of the balance sheet for the third quarter.

The portion of Shibuya Sakura Stage held for sale was transferred from fixed assets to land and buildings for sale.

Compared to the end of the previous period, land and buildings for sale increased by 121.2 billion yen due to the transfer of the portion of land and buildings for sale of Shibuya Sakura Stage and progress in investments in new projects, etc. Fixed assets increased by 10.7 billion yen due to the completion of Shibuya Sakura Stage, while assets decreased due to asset sales in the first quarter. Total assets increased by 237.7 billion yen.
In liabilities, interest-bearing debt increased 162.2 billion yen due to fundraising in connection with the withdrawal of funds in the fiscal year ending March 31, 2024.