tokyu land corporation

Financial Highlights FY2023 Ended March-31, 2024

 

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

This is an overview of the balance sheet.

Compared to the end of the previous fiscal year, land and buildings for sale increased by 117.4 billion yen due to the transfer of the portion of Shibuya Sakura Stage to be sold and progress in investment in new projects.
Non-current assets increased by 15.8 billion yen compared to the previous fiscal year due to an increase in the completion of Shibuya Sakura Stage, while a decrease due to the sale of Tokyu Plaza Ginza.
Overall assets increased by a total of 292.3 billion yen.

On the liabilities side, interest-bearing debt increased by 107.2 billion yen due to progress in investment.
Shareholders' equity increased by 65.5 billion yen from the previous fiscal year to 750.1 billion yen.