tokyu land corporation

Financial Highlights
FY2015 Second Quarter (First Six Months) Ended Sep-30, 2015

 

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Disclaimer

Progress in the Medium- and Long-Term Management Plan "Value Frontier 2020" (1)

Progress in the Medium- and Long-Term Management Plan "Value Frontier 2020" (2)

Return to Shareholders

FY2015 Q2 (First Six Months) Operating Results

FY2015 Q2 (First Six Months) Segment performance

Summary of balance sheets

FY2015 Forecast (Operating Results)

FY2015 Forecast (Segment performance)

Segment Performance

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands/Innovation Business

Changes in Equity and Interest-bearing Debt

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 2015 amounted to ¥2,006.6 billion, an increase of ¥32.8 billion from the end of the previous fiscal year.
This is primarily attributable to an increase, etc. in property and equipment and intangible assets for redevelopment.
Total liabilities rose ¥21.1 billion from the end of the previous fiscal year, chiefly due to an increase in interest-bearing debt.
Interest-bearing debt increased ¥40.1 billion from the end of the previous fiscal year, to ¥1,165.4 billion. Meanwhile, the D/E ratio stood at 2.9 at the end of September, and the equity ratio came to 20.3%.