Business Overview

About Tokyu Fudosan Holdings

Business Overview

Our Main Businesses

We make the most of our Group's broad reach and diverse human capital to develop business in four key areas: Urban Development, Strategic Investment, Property Management & Operation, and Real Estate Agents.

  • Urban Development

    Office buildings and commercial facilities, condominium development, rental housing unit development (rental condominiums and student residences)

  • Strategic Investment

    Renewable energy power generation facilities, logistics facilities, overseas operations (North America and Asia), investment management

  • Property Management & Operation

    Condominium management, building and facility management, renovation construction, rental conference rooms, hotels, leisure, healthcare, environmental and greening management

  • Real Estate Agents

    Real estate agents (sales and leasing), consignment sales, real estate sales, real estate solutions, management of rental housing

Business Areas

Main Domestically Operated
Facilities and Stores

Business Areas

Business Areas

Facility Unit Tokyo
Metropolitan
Area
Kansai
Area
Other
Areas
Total
Office buildings Building 48 1 0 49
Commercial facilities Facility 23 7 0 30
Logistics facilities Facility 2 2 0 4
Urban style hotels Facility 19 4 8 31
Resort facilities Facility 4 6 26 36
Golf courses Facility 7 0 8 15
Ski resorts Facility 0 0 7 7
Senior housing facilities Facility 15 0 0 15
Fitness Club 22 10 0 32
TOKYU LIVABLE Store 139 41 30 210

As of March 31, 2023

*1. Including Tokyo, Kanagawa, Chiba, Saitama, Ibaraki, Tochigi and Gunma Prefectures
*2. Including Osaka, Kyoto, Hyogo, Shiga, Nara, and Wakayama Prefectures

Main Overseas Bases

Asia America

Asia America

China Shanghai 01 TOKYU LAND CORPORATION (SHANGHAI) LTD. (TOKYU LAND CORPORATION)
Taiwan   02 TOKYU LIVABLE (TAIWAN), INC. (TOKYU LIVABLE, INC.)
Palau   03 Pacific Islands Development Corporation (TOKYU LAND CORPORATION)
Vietnam   04 Tokyu PM Vietnam CO., LTD (TOKYU COMMUNITY CORP.)
05 NOZOMI RESIDENTIAL MANAGEMENT JSC (TOKYU COMMUNITY CORP.)
Singapore   06 Tokyu Land Asia Pte. Ltd. (TOKYU LAND CORPORATION)
07 Investment in OT GROUP PTE. LTD. (TOKYU LIVABLE, INC.)
Indonesia Jakarta 08 PT. Tokyu Land Indonesia (TOKYU LAND CORPORATION)
09 PT. Tokyu Property Management Indonesia (TOKYU COMMUNITY CORP.)
The United States Los Angeles 10 Tokyu Land US Corporation (TOKYU LAND CORPORATION)
11 Tokyu Livable US, Inc. (TOKYU LIVABLE, INC.)
New York 12 Tokyu Land US Corporation (TOKYU LAND CORPORATION)
Dallas 13 Tokyu Livable Texas Investment Advisors, LLC (TOKYU LIVABLE, INC.)

As of March 31, 2023

Tokyu Fudosan Holdings in Figures

Diverse assets and customers

Group facilities
under operation

205

Customers served

Approx.18.2million(*)

  • Tenant companies (office)

    508
  • Tenant companies (commercial)

    1,387
  • Condominium units under comprehensive management

    Approx.525,000

Condominium management company (non-consolidated)
Condominium units under comprehensive management
(approx. 502,000)
(Source: Mansion Kanri Shimbun, May 25, 2023 issue)

No.1 in Japan

  • Real estate transactions through agents

    Approx.30,000

FY2022 Ranking for real estate transactions through agents
(Source: Shukan Jutaku, May 29, 2023 issue)

No.3 in Japan

etc.

* Includes outsourced employee welfare services members, commercial facility cardholders and app members, fitness club members, BRANZ CLUB members, Tokyu Cosmos Members Club members, and Tokyu Harvest Club members

Highly specialized personnel and knowhow

Group employees
(including temporary
employees)

Approx.30,000

Acquiring external knowledge and sharing expertise within the Group

We invite external experts to give self-development seminars. We also hold seminars led by internal instructors with the aim of encouraging mutual understanding between businesses and strengthening collaboration within the Group alongside other events.

Cumulative
111events held

Total participants
14,728

Employees with certifications

Approx.12,200

  • Licensed architects
    (first and second class)

    716
  • Real estate notaries

    5,648
  • Licensed condominium managers

    2,375
  • Licensed strata management consultants

    1,943
  • Licensed care workers

    561
  • IT Passport holders

    937

A culture that produces unique businesses

Renewable energy business

「ReENE」

As of January 2024

  • Rated Capacity

    1,762MW
  • Total number
    of businesses

    102
  • Reduction in CO₂ emissions

    Approx.1,684,000
    t-CO₂/year

STEP
the Group's co-creation-based internal venture scheme

Launched in FY2019

  • Cumulative proposals received

    253
  • Commercialized proposals

    3

Corporate Venture Capital

Launched in FY2017

  • Cumulative investments

    34

FY2022 operating profit composition ratio

operating profit composition ratio

Operating income for fiscal 2022 was 110.4 billion yen, an increase of 31.7% from the previous year. Profits increased due to factors such as strong performance in the sales market and condominiums backed by a strong real estate market, and a recovery in the hotel business due to the relaxation of movement restrictions and border measures.

FY2022 operating revenue composition ratio

operating revenue composition ratio

Operating revenue for fiscal 2022 was 1,005.8 billion yen, an increase of 1.7% from the previous year. Revenue increased in three segments: urban development business, strategic investment business, and real estate Agents business. The decrease in revenue in the property management and operation business was due to the fact that TOKYU HANDS was excluded from the scope of consolidation from the end of the previous fiscal year due to the transfer of all its shares.

Sustainability page

  • Tokyu Fudosan Holdings Major External Evaluations and Awards
  • TOKYU LAND CORPORATION MAJOR EXTERNAL EVALUATIONS AND AWARDS