COMPANY INFORMATION
Integrated Report
THE VALUE
CREATION STORY
Integrated Report
This is the story of our value creation as we aim to be a corporate group that continues to create value. It explains our Group strengths and individuality as we work to solve social issues through our business activities, focusing on concepts found in our long-term vision and themes to work on for value creation (materialities).
2026 Integrated Report for the year ended March 31, 2026
Letter to
Our Stakeholders
Refining the companies that make the Tokyu Fudosan Holdings Group strong and taking Group management to the next stage while continuing to be chosen by customers through the provision of premium experiential value, local value, and environmental value
Hiroaki Hoshino
President & CEO,
Tokyu Fudosan Holdings Corporation
2026 Integrated Report for the year ended March 31, 2026
2026 Integrated Report PDF
A PDF of the entire report (86 pages)
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Human capital management
in the establishment of our long-term GROUP VISION 2030.
Create value for the future
We resolve social issues through our business activities and aim for sustainable society and growth together with our stakeholders.
We realize a future where everyone can be themselves and shine vigorously through the creation of a variety of appealing lifestyles.
Management Resources
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Process for Value Creation
While addressing key social themes, we continue to deliver high added value businesses and services through a business ecosystem that enhances our competitive advantages and enables us to fully demonstrate synergies. This includes synergies between the broad customer/market contact points that are the source of the Group’s strength and which generate huge volumes of information through a wide variety of customer interactions, and our unique business creation ability through which we generate difficult to imitate businesses that combine diverse elements.
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Enhancing Financial and Non-Financial Capital
Backed by a sound financial base, the Tokyu Fudosan Holdings Group is working to enhance its capital through ongoing investments in non-financial capital. By organically linking each form of capital strengthened in this way, we form management resources unique to the Group.
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| Category | Characteristics of our capital | Initiatives to enhance capital | |
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| Internal capital | Human capital | To realize a human capital portfolio in which some 30,000 people can continue to grow and develop, we are building human capital platforms for the asset-utilizing and human capital-thriving businesses that underpin our business ecosystem. Through group training programs by employee level and secondments among Group companies, we develop and deploy human capital who can drive forward business transformation, and we create value through Group co-creation that combines diverse expertise. Guided by our challenge-oriented DNA, we are working to enhance employee motivation through investments in human capital. |
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| Intellectual capital | In addition to the technological capabilities cultivated across our wide-ranging business domains and the Group as a whole, together with our expertise in co-creation with partners, we are deploying our knowledge of urban planning, digital transformation, and public-private partnership gained through the redevelopment of Shibuya in other regions. We also accumulate external knowledge through industry-government-academia collaboration. A fusion of brand, technology, and external knowledge, this intellectual capital supports our long-term competitive advantage and our consistent ability to drive business forward. |
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| Asset capital | With a broad business portfolio, we develop offices and commercial facilities, housing, resorts, and logistics and infrastructure assets through-out Japan. In addition to stable cash flows from rental income, electricity sales, and membership fees, we secure earnings through asset replace-ment. By leveraging the management, operation, and real estate agency functions cultivated in our human capital-thriving businesses, we produce urban development in a comprehensive manner. |
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Backed by our stable earnings base built up over many years, a high-quality asset composition, and a high credit rating founded upon a sound financial position, we maintain strong fundraising capabilities and continue to invest steadily even amid fluctuating market conditions. Through the issuance of ESG bonds, we also gain the understanding and support of stakeholders, including bond investors, for the Group’s ESG initiatives, while promoting the diversification of our funding sources. |
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| Eternal capital | Social and relationship capital | Building on the track record cultivated in each of our businesses, we have established strong relationships of trust with a wide range of customers and partners. Through an integrated business structure spanning develop-ment, sales, management, and operation, we work together with rights holders, local communities, and government agencies while also forming multilayered relationship capital with developers, financial institutions, and tenant companies both in Japan and overseas. These relationships of trust are the foundation that supports our sustainable growth. |
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| Natural capital | With the coexistence of cities and nature at the forefront, we advance urban development premised on the natural environment through resort development and urban regeneration. While accumulating expertise in areas such as environmentally friendly construction, the introduction of renewable energy, forest conservation, greening technologies, and the protection of marine life, we work continuously with our supply chain partners and stakeholders to maintain and restore natural capital and, in turn, deliver environmental value. |
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Themes of Our Efforts to Create Value (Materialities)
To realize its ideal vision, the Group is engaged in efforts focused around six themes (materialities) through its business activities.
By implementing strategies in line with each theme, we will contribute to the creation of a sustainable society.
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Create a variety
of lifestyles
Lifestyle
We will help people to enjoy lives that are both physically and mentally vibrant by promoting the Lifestyle Creation 3.0, a combination of home, work and play styles.
SDG Contributions
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Create communities and lifestyles
that encourage well-being
Liveable City
We will realize a society where everyone can feel happy by building secure, safe and comfortable life infrastructure and creating communities where people help each other.
SDG Contributions
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Create a sustainable
environment
Environment
As an environmentally advanced company, we will create a carbon-free and recycle-based society by addressing global issues such as climate change.
SDG Contributions
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Create value
in the digital era
DX
We will transform our business models by utilizing digital technologies to create new experience value for customers.
SDG Contributions
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Create an organizational climate under
which diverse human capital is enlivened.
Human Capital
We will continue to create innovation through an organizational climate that respects human rights and under which diverse human capital can exercise their abilities.
SDG Contributions
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Create governance
to accelerate growth
Governance
As a group trusted by all stakeholders, we will aim to enhance our corporate value sustainably by increasing management transparency and fairness.
SDG Contributions
Value Provided Through the Materialities
The Group has organized business opportunities and risks and established KPIs for each materiality toward the achievement of its ideal vision for 2030.
In this way, we aim to increase outputs and impacts on society and contribute to achieving the SDG goals.
2026 Integrated Report (Separate Edition)