tokyu land corporation

Financial Highlights
FY2014 Second Quarter (First Six Months) Ended Sep-30, 2014

 

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FY2014 Q2 (First Six Months) Operating Results

FY2014 Q2 (First Six Months) Segment performance

Summary of balance sheets

FY2014 Forecast (Operating Results)

FY2014 Forecast (Segment performance)

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands/Business Innovation and Others

Reference

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Summary of balance sheets

Next, I will provide an overview of the balance sheet for the end of the first half under review.

Total assets at the end of September 2014 increased ¥109.0 billion, to ¥1,130.2 billion, primarily reflecting the acquisition of real estate for sale, property and equipment, and intangible assets.

Total liabilities rose ¥99.3 billion from the end of the previous fiscal year, chiefly due to an increase in interest-bearing debt.

Interest-bearing debt increased ¥139.1 billion from the end of the previous fiscal year, to ¥1,130.2 billion. Meanwhile, the DE ratio stood at 3.0 at the end of September, and the equity ratio came to 19.7%.