tokyu land corporation

Financial Highlights FY2014 Ended Mar-31, 2015

 

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FY2014 Financial Highlights

FY2014 Operating Results

FY2014 Segment performance

Summary of balance sheets

FY2015 Forecast (Operating Results)

FY2015 Forecast (Segment performance)

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands/Business Innovation and Others(Innovation business) FY2014 and FY2015 Forecast

Changes in Equity and Interest-bearing Debt

Changes in Dividend Payments

Reference

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Changes in Dividend Payments

Finally, we will review the trends in dividends.
For the fiscal year ended March 31, 2015, we will pay an annual dividend of ¥10 per share as initially planned.
For the fiscal year ending March 31, 2016, we plan to raise the dividend by ¥1 from the previous fiscal year to ¥11 per share with a payout ratio of 25.3%, given that the new medium- and long-term management plan set a payout target of at least 25%.
Please take a look at the reference materials at the end later. They contain the target figures set by the new medium- and long-term management plan announced in November, as well as a table comparing the old and new segments and a table comparing the figures for the old and new segments, keeping in line with the changes in segments associated with the organizational structural change for the fiscal year ending March 31, 2016.