tokyu land corporation

Financial Highlights FY2024 First Quarter (First Three Months) Ended June 30, 2024

 

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Contents

Highlights

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

Summary of the FY2024 First Quarter (First Three Months) Ended June 30, 2024

Segment Overview

Initiatives for Co-Creation with Partners and Utilization of Regional Resources

Sustainability and DX Initiatives

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Regarding the next medium-term management plan

The first year of our next medium-term management plan will be brought forward by one year to the fiscal year ending March 31, 2026, and is scheduled to be announced in May 2025.
 
We will move from the restructuring phase of our long-term management policy to the resilience phase, and aim to build a solid and distinctive business portfolio.
We recognize that we are at a turning point in the business environment, with rising inflation and the normalization of domestic interest rates, and are therefore formulating plans that go beyond an extension of what has been done up until now.
The key themes for the next medium-term management plan are as follows:
Based on the belief that we are entering an era in which the ability to attract people will be the source of business competitiveness, we will strengthen the international intercity competitiveness of the Greater Shibuya Area in particular.
 
Based on the belief that we are entering an era in which sustainable business models are required, we will work to create added value based on regional resources, such as renewable energy and resort businesses.
 
Additionally, in all our businesses, we will strive to increase revenues that exceed rising costs by improving the value we provide.