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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Segment Overview

This section describes the Real Estate Agents segment.

For the fiscal year ended March 31, 2024, operating revenue was 285.6 billion yen and operating profit was 38.5 billion yen, an increase in revenue and profit year on year due to favorable performance in brokerage sales and real estate sales.

For the fiscal year ending March 31, 2025, we plan to achieve operating revenue of 323 billion yen and operating profit of 43 billion yen, mainly due to brokerage sales, by taking advantage of the continuing buoyant real estate transaction market.

The bottom right shows trends in volume and number of brokerage sales.
We have been able to steadily increase both the volume and number of brokerage sales.