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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Real Estate Agents ① FY2024 Q1 (First Three Months)

Next, we will cover the Real Estate Agents segment.

Operating revenue was 88.9 billion yen and operating profit was 14.4 billion yen, an increase in revenue and profit year on year due to favorable performance in brokerage sales and real estate sales.
 
In our full-year forecasts, we plan to achieve year-on-year increases in revenue and profit, mainly due to brokerage sales, by taking advantage of the continuing buoyant real estate transaction market, as shown at the bottom of the slide.

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.