tokyu land corporation

Financial Highlights
FY2013 Second Quarter (First Six Months) Ended Sep-30, 2013

 

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FY2013 Q2 (First Six Months) Operating Results

FY2013 Q2 (First Six Months) Segment performance

Summary of balance sheets

Transition to the holdings system

Impacts of the transition to the holdings system on the consolidated balance sheet and on consolidated earnings (1)

Impacts of the transition to the holdings system on the consolidated balance sheet and on consolidated earnings (2)

FY2013 Forecast (Operating Results)

FY2013 Forecast (Segment performance)

Segments Performance

Leasing of Real Estate

Real Estate Sales

Property Management

Real Estate Agents

Facility Operations

Other Segments

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Impacts of the transition to the holdings system on the consolidated balance sheet and   on consolidated earnings (2)

Next, I will explain the impact on profit and loss compared to Tokyu Land Corporation's initial forecast, which we announced in May.

The ¥46.9 billion in goodwill generated as a result of the transition to a holdings system will be amortized over 20 years, and for the fiscal year ending March 31, 2014, the amount for six months, which is ¥1.2 billion, will be posted as operating expenses, while operating income is expected to remain unchanged from initial forecasts.

Regarding net income, income from minority interests will rise by ¥3.0 billion, to ¥23.0 billion, up ¥3.0 billion compared to initial forecasts.