Message from the President

About Tokyu Fudosan Holdings

Message from the President

Yuji Okuma, President & CEO

Top message Optimizing groupwide operations for a corporate group that creates the lifestyle of the future

Realizing a future where everyone can be themselves and shine brightly through the creation of a variety of attractive lifestyles

First, I would like to extend my deepest sympathies to those affected by COVID-19. In particular, I would like to again express gratitude to the medical workers and others working tirelessly on the front lines to maintain our social infrastructure.

The Tokyu Fudosan Holdings Group solves social issues through its business activities as a corporate group that continually creates value while striving together with stakeholders towards a sustainable society and lasting growth. The Group runs wide range of businesses with a focus on six key companies, namely Tokyu Land, Tokyu Community, Tokyu Livable, Tokyu Hands, Tokyu Housing Lease and National Students Information Center, which operate under the holding company Tokyu Fudosan Holdings.

The origins of the Group lie with the Den-en Toshi Company, established by Eiichi Shibusawa and his associates in 1918. During an era of housing shortages in Tokyo due to urban development and population inflow, they adopted the "Garden City" concept that originated in England and created Den-en Chofu, which combines the advantages of both nature and the city. Over more than 100 years since, we have continued to pass down their high aspirations as "Challenge-oriented DNA" and worked to solve various social issues.

Today, the COVID-19 pandemic is continuing, and it is still difficult to estimate the impact it will have on the global economy, Japan included. However, there is ample reason to believe that in the aftermath of the pandemic, we will see the kind of paradigm shift that occurred after other major events such as the 2008 financial crisis or the Great East Japan Earthquake. Just as the trend towards digitization that had already been underway was rapidly accelerated with the arrival of COVID-19, the way people work and live around the world are undergoing significant changes. The Tokyu Fudosan Holdings Group sees these developments as major business opportunities, and in order to drive management with a long-term perspective instead of being caught up in short-term changes, we have announced GROUP VISION 2030, our long-term vision that runs up to the fiscal year 2030.

Through this long-term vision we aim to "realize a future where everyone can be themselves and shine brightly through the creation of a variety of attractive lifestyles." To accomplish this, we have established environmental management and digital transformation (DX) as company-wide policies, and positioned the utilization of intellectual assets and collaborative creation with external partners as our business policy. These approaches will lead to improved shareholder and corporate value going forward.

In these efforts we are also preserving our founding spirit of Challenge-oriented DNA. Together with the more than 100 companies and around 30,000 employees of the Group, we will foster a unified and innovative organizational culture and continue to meet your expectations through the ongoing creation of value.

hironori nishikawa
President & CEO
May. 2021

2020 Integrated Report
Message from the President