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 Urban Development (Asset-utilizing business) ① FY2023 Q3 (First Nine Months) ② Vacancy Rate and Rent trends and Portfolio Characteristics ③ Major projects (Offices/Commercial facilities, etc.) ④ Major projects (the Greater Shibuya area) ⑤ Major project 〜Shibuya Sakura Stage〜 ⑥ Upgrading the Greater Shibuya Area ⑦ Decision to sell a partial interest in Shibuya Sakura Stage ⑧ Condominium index ⑨ Major Large-Scale Residential Projects

	Strategic Investment

	Property Management & Operation

	Real Estate Agents

	Co-Creation with Partners initiatives

	Sustainability Initiatives

	DX Initiatives

④ Major projects (the Greater Shibuya area)

This is a map of major projects in the Greater Shibuya Area, a priority area for the Group.

Tokyu Plaza Harajuku Harakado (Jingumae 6-chome District Redevelopment Project) is scheduled to open in April 2024, and several other projects are underway in the Greater Shibuya Area, including the Next Shibuya Sakuragaoka District and Jinnan 1-chome District redevelopment projects.