Message from the President

About Tokyu Fudosan Holdings

Message from the President

Yuji Okuma, President & CEO

トップメッセージ 変わりゆく時代への挑戦 変化を先取りし、果敢に挑む。共創で力強い成長を目指す企業グループへ

トップメッセージ 変わりゆく時代への挑戦 変化を先取りし、果敢に挑む。共創で力強い成長を目指す企業グループへ

Our Group Tradition – A Challenging DNA

Tokyu Fudosan Holdings Group consists of Tokyu Fudosan Holdings Corporation, which was established in October 2013, its subsidiaries Tokyu Land Corporation, Tokyu Community Corporation, Tokyu Livable, Inc., Tokyu Hands, Inc., Tokyu Housing Lease Corporation (which began operations in April 2015), National Students Information Center Co. Ltd. and the subsidiaries/affiliates of these companies.
The starting point of the Group was Den-en Toshi Co., established in 1918 by Eiichi Shibusawa among others. Aimed at developing an ideal community in an era of housing shortages, we developed Den-en Chofu based on the garden city concept with the beneficial features of both nature and a city. Since that beginning, we have been consistently doing business with the ambition of solving social issues through “challenging DNA.”
Flexibly transforming businesses to keep pace with changes in the environment. Since that beginning, we have engaged in real estate development through Tokyu Land Corporation, which was founded in 1953, and have advanced into property management and the real estate agents business. Tokyu Community Corporation and Tokyu Livable, Inc., both of which came into existence at the beginning of the 1970s, went on to establish leading positions in their respective industries.
In the subsequent period, Tokyu Fudosan Holdings Group has continued its ceaseless evolution in response to the changing times and has grown into a corporate group with a strong character and a broad range, launching into operation in 1976 Tokyu Hands, Inc., a company that entered the retail business with the aim of reinstating work done by hand, and in 1988 the Tokyu Harvest Club, a membership resort hotel system that proposed a new way of spending leisure time.
We will continue to pursue new values by creating and proposing lifestyles beyond the bounds of physical frames to realize a society that is affluent and sound.

Moving to a New Stage ahead of the Times

An overview of our operating conditions shows changes in the population structure, the advancement of globalization and diversification of values have been remarkable in recent years. In these times of dramatic changes, we have formulated our mid-/long-term management plan known as “Value Frontier 2020, Toward an enterprise group that continues to create value” as Group guidelines and changed to a management approach that focuses on longer periods of time, making 2020, when economic activities will reach a critical juncture, into the target year in order to produce synergy in the Group and realize sustainable development.
In May 2017, we announced a mid-term management plan for the next four years as the second half (Stage 2) of the Value Frontier 2020. Looking toward the next stage from fiscal 2021, we will implement three growth strategies, taking advantage of the comprehensive strength of the Group, while maintaining the expansion of involvement assets and creation of new demand, the two basic policies set in the mid-/long-term management plan.
Regarding lifestyle-theme urban development, we will promote the greater Shibuya area vision which will advance the distinctive urban development of the Tokyu Group, with Shibuya redevelopment as the key project, as well as generation circulating urban development, which will offer new solutions to social issues such as the aging society and childrearing.
In the expansion of domains for the cyclical reinvestment business (value-up cycle), we will expand and enhance our investment domains into the infrastructure industry, hotel resorts and student residences and strengthen our business in the U.S., where continuous economic growth is anticipated in the future.
For the stronger use of stock assets, we will promote the rapid growth of the property management and real-estate agents businesses, our Group strengths, by gaining the most business opportunities from diverse stock assets such as airports and public facilities as a response to the environmental change from a flow-type society to a stock-type society.

For sustainable value creation

To achieve sustainable growth and enhance the corporate value in the long term, we are promoting ESG management regarding the environment, society and corporate governance as important management challenges, in addition to the growth strategies mentioned above. We are advancing various initiatives to achieve the KPI for fiscal 2020 through the four themes of work style reform, social needs, corporate governance and the environment based on the important materiality (social issues) of the Group in the mid-/long-term management plan.
We will continue to aim for solving social issues, such as the development of an affluent aging society with support for the elderly and the practical use of vacant houses that leads to the revitalization of local communities, through our main businesses. For our shareholders and investors, we will make proactive efforts to build long-term, trusting relationships with them, sustaining a policy of stable dividends payment.
In terms of producing synergy as a Group, we attach the greatest importance to the revitalization of our personnel and organizations for developing a sense of unity, in addition to the enhancement of management efficiency. We will continue to focus on realizing an environment that each Group employee finds it easy to work in, in addition to promoting our diversity and health.
We will keep creating new value, while adapting to environmental changes, with diversity as our weapon, with our challenging DNA and consideration for customers, which we have cultivated over many years. This is our mission and ideal for the future. The Tokyu Fudosan Holdings Group will continue to maintain its attitude of "bringing changes based on the unchangeable spirit" anticipate changes, confront them resolutely as one united force, and keep throwing down the gauntlet against the changing times.

Yuji Okuma, President & CEO