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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Segment Overview

This is about the Strategic Investment segment.

For the fiscal year ended March 31, 2024, operating revenue was 108 billion yen and operating profit was 15.1 billion yen, an increase in revenues but a decrease in profit year on year.
The Infrastructure and Industry business reported higher profits due to an increase in asset sales, etc., while profits in overseas operations decreased due to increased expenses caused by rising interest rates in the United States.


For the fiscal year ending March 31, 2025, we plan to achieve operating revenue of 103.7 billion yen and operating profit of 4.4 billion yen, a decrease in both revenue and profit year on year.
In the Infrastructure and Industry business, although sales of equity in logistics facilities and the number of operational renewable energy facilities will increase, a decrease in asset sales is expected to result in a decrease in profits.