80.0 billion yen/Under 2.4times FY2021 targets for operating profit and debt/equity ratio
The targets for FY2021 are operating profit of 80.0 billion yen and a debt/equity ratio of under 2.4 times.
88% Office building ratio of four central wards of Tokyo
Currently, 88% of office buildings owned by Tokyu Land and consolidated silent partnerships are located in the four central wards (Chiyoda, Chuo, Minato, Shibuya) of Tokyo. *As of March 31, 2021
1.3% Vacancy rate
Most of our office buildings and commercial facilities have consistently low vacancy rates. Locations that are mainly in areas of the Kanto and Kansai areas where demand is high, a large number of relatively new buildings, and outstanding building quality all contribute to keeping vacancy rates low. *As of March 31, 2021 for Tokyu Land and consolidated silent partnerships.
1,617,430m2 Floor area of office and commercial buildings
The total floor area of office and commercial buildings owned by Tokyu Land and consolidated silent partnerships consists of about 47.7% office space and 52.3% commercial space. *As of March 31, 2021
1,777 units Condominium units sold
This is the number of condominium units sold by Tokyu Land in FY2020. Most of these units are in buildings using the BRANZ brand and located in the Tokyo and Kansai areas. *As of March 31, 2021
526 thousand units Condominium units under management
The Tokyu Community Group manages condominiums and buildings. *As of March 31, 2021
25,635 Brokerage transactions
The Tokyu Livable Group, which accounts for most of the Tokyu Land Group’s real estate brokerage activities, ranks among the leading brokers in Japan in terms of the number of transactions. *As of March 31, 2021
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