Business summary

We are involved in improving the value of Tokyo, a global city, through urban development projects that bring out the potential of the area amongst the intensifying competition between cities. In addition to development and operations of office buildings and commercial facilities, we are also working with infrastructure and industry related businesses, such as renewable energy and logistics facilities, management of rental housing, etc., contributing to a comfortable and bountiful urban lifestyle.

Business fields
Office buildings and commercial facilities / Investment management / Management of rental housing / Renewable energy / Logistics facility

Value Provided Through Businesses
A Comfortable Urban Life / Safe and Secure Housing / Clean Energy

Segment OverviewAs of March 31, 2020

Office building
floor space

Approx.
640,000 m2
60 buildings

No. of rental housing
under management

Approx.
145,000 units

No. of corporate housing
under management

Approx.
85,000 units

Commercial facility
floor space

Approx.
844,000 m2
32 buildings

Assets under management(AUM)

¥146,7.2 billion

Initiatives for Social Issues

Supporting Social Infrastructure through Renewable Energy Business Operations

We are currently seeing an increase in the importance of renewable energy globally. At TOKYU LAND CORPORATION, we have been engaged in the renewable energy business — which embodies a key aspect of our sustainability policy, that “we strive for environmental and economic harmony through our business activities” — since 2014. Business operations being conducted under the ReENE brand contribute to suppressing CO2 emissions and increasing Japan’s energy self-sufficiency. At the same time, they are resistant to the impact of economic changes, and can be expected to contribute to increasing demand and investment, as a stable revenue-generating asset.

The ReENE Matsumae Wind Farm commenced operation in April 2019. The wind farm is equipped with 12 wind turbines, which at the time were the largest in Japan, enabling a level of power generation equivalent to the yearly power consumption of around 30,000 typical households. Based on our emphasis on consideration for the environment and regional cooperation, we are developing solar sharing business operations that allow power generation to coexist with farming, and building a sustainable business model while promoting regional vitalization.

We have also established the Renewable Energy Association for Sustainable Power supply (REASP) in association with Renewable Japan Co., Ltd. and other powerful business operators, and are working to create systems that will enable the stable supply of renewable energy in the long term, in collaboration with local communities.

TOKYU LAND CORPORATION joined RE100*4 in April 2019. The Company is working to realize the goal of 100% Renewable Energy (including renewable energy used by the Company itself) by 2050. In this way, we will contribute to the realization of a low-carbon society, from a sustainable perspective.

*4. An international initiative where participating companies set a goal of attaining 100% renewable energy procurement for power used in business activities.

ReENE Matsumae Wind Farm (Commencement of operation: April 2019)

ReENE Matsumae Wind Farm
(Commencement of operation: April 2019)

7 AFFORDABLE AND CLEAN ENERGY

17 PARTNERSHIPS FOR THE GOALS

Socially and Environmentally Friendly Assets(As of March 31, 2020)

Renewable Energy Business List

ReENE

Total Number of Businesses 50 Rated Capacity 1041MW

Renewable Energy Business List

主な事業エリア

Participating in RE100,
Aiming for Use of Renewable Energy Exclusively

RE100 CLIMATE GROUP CDP

In April 2019, TOKYU LAND CORPORATION joined RE100, a global initiative, under which companies are working together for the commitment to 100% renewable energy for the electricity used for business activities.

List of Environmental Real Estate
(DBJ Green Building Certification)

DBJ Green Building

DBJ Green Building Certification was established by Development Bank of Japan Inc. (DBJ) in April 2011 to recognize properties with environmental and social considerations (Green Building).

5 stars
Properties with the best class environmental & social awareness
HIBIYA PARKFRONT (Chiyoda-ku, Tokyo), SHIBUYA SOLASTA (Shibuya-ku, Tokyo), SHIBUYA FUKURAS (Shibuya-ku, Tokyo), TOKYO PORTCITY TAKESHIBA (Office tower)(Minato-ku, Tokyo)

4 stars
Properties with exceptionally high environmental & social awareness
Spline Aoyama Tokyu Building (Minato-ku, Tokyo), Shin-Aoyama Tokyu Building (Minato-ku, Tokyo), Nihombashi Front (Chuo-ku, Tokyo), Shin-Meguro Tokyu Building (Shinagawa-ku, Tokyo), Jimbocho Kita Tokyu Building (Chiyoda-ku, Tokyo), Tokyu Plaza Omotesando Harajuku (Shibuya-ku, Tokyo), Amagasaki Q’s Mall (Amagasaki-shi, Hyogo)

3 stars
Properties with excellent environmental & social awareness
Kasumigaseki Tokyu Building (Chiyoda-ku, Tokyo), Minamiaoyama Tokyu Building (Minato-ku, Tokyo), Nihombashi Maruzen Tokyu Building (Chuo-ku, Tokyo), Uchisaiwaicho Tokyu Building (Chiyoda-ku, Tokyo), Shibuya Minami Tokyu Building (Shibuya-ku, Tokyo), Nihombashi Honcho Tokyu Building (Chuo-ku, Tokyo), Ichigaya Tokyu Building (Chiyoda-ku, Tokyo), Hamamatsucho Square (Minato-ku, Tokyo), Ebisu Business Tower (Shibuya-ku, Tokyo)

2 stars
Properties with high environmental & social awareness
Shimbashi Tokyu Building (Minato-ku, Tokyo)

Examples of initiatives

Example of combined development

  • SHIBUYA FUKURAS

    SHIBUYA FUKURAS

  • TOKYO PORTCITY TAKESHIBA

    TOKYO PORTCITY TAKESHIBA

  • Rebuilding of Kudan KaikanRendering

    Rebuilding of Kudan Kaikan

  • Shibuya Sakuragaoka Block Redevelopment PlanRendering

    Shibuya Sakuragaoka Block Redevelopment Plan

Examples of office buildings

  • SHIBUYA SOLASTA

    SHIBUYA SOLASTA

  • Jimbocyo Kita Tokyu Building

    Jimbocyo Kita Tokyu Building

  • Shin-Aoyama Tokyu Building

    Shin-Aoyama Tokyu Building

  • Shin-Meguro Tokyu Building

    Shin-Meguro Tokyu Building

Examples of Commerical facility

  • Tokyu Plaza Ginza

    Tokyu Plaza Ginza

  • Q Plaza Ikebukuro

    Q Plaza Ikebukuro

  • Abeno Q's Mall

    Abeno Q's Mall

  • Market Square Sasashima

    Market Square Sasashima

Examples of other facility

  • LOGI’Q Miyoshi

    LOGI’Q Miyoshi

  • LOGI’Q Shiraoka

    LOGI’Q Shiraoka

  • ReENE Matsumae Wind Farm

    ReENE Matsumae Wind Farm

  • ReENE Namegata Solar Power Plant

    ReENE Namegata Solar
    Power Plant