tokyu land corporation

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

 

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Disclaimer

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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Gross profit on sales and land and buildings for sale by assets

This slide shows gross profit on asset sales and book value of land and buildings for sale.

Against the backdrop of robust transaction market conditions, we are promoting profit generation through efficient asset turnover and reinvesting recovered funds. As shown in the graph on the left, gross profit on asset sales for the first quarter amounted to 7.1 billion yen. We have made steady progress, having already achieved approximately 80% of our forecast gross profit for the fiscal year ending March 31, 2025, in completed sales and contracts.
 
As for land and buildings for sale by asset type, shown in the graph on the right, investments are progressing smoothly, and we have been able to increase our balance while proceeding with asset sales.