tokyu land corporation

Financial Highlights FY2023 Ended March-31, 2024

 

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Contents

Highlights

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

Summary of the Financial Results for FY2023, and Forecast for FY2024

Segment Overview

Co-Creation with Partners initiatives

Sustainability and DX Initiatives

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

As for businesses positioned under Revise and Advance.
In the Commercial facilities business, we will continue to monitor the impact of declining interest among tenants in opening new stores due to labor shortages and other factors, while working to maximize the business value of new facilities, primarily in the Greater Shibuya Area.

In our overseas businesses, we will continue to monitor the impact of the U.S. policy interest rate and the presidential election, while reviewing existing businesses to reduce business risks and promoting initiatives to improve profitability.

In the property management business, we will improve productivity and profitability and expand business domains by shifting from "quantity" to "quality" and improving quality and profitability and expand business domains by improving quality.

In the Healthcare business, we transferred all shares of the fitness business of Tokyu Sports Oasis to Renaissance Inc., a major player in the industry, on March 31, 2024.