tokyu land corporation

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

 

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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

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Market value appraisal for leased properties (as of the end of Mar. 2023)

This is the market value of leased properties as of the end of the fiscal year ending March 31, 2023.
There is no change from what was announced in May.

As shown in the upper row, unrealized gains on leased properties such as office buildings and commercial facilities totaled 299.8 billion yen, an increase of 25.7 billion yen compared to the end of the previous period.

The NOI yield of occupied rental properties is approximately 5%.