tokyu land corporation

Financial Highlights
FY2015 Ended Mar-31, 2016

 

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FY2015 Financial Highlights

Progress in the Medium-and Long-Term Management Plan

Return to Shareholders

FY2015 Operating Results

FY2015 Segment performance

Summary of balance sheets

FY2016 Forecast (Operating Results)

FY2016 Forecast (Segment performance)

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands FY2015 and FY2016 Forecast

Innovation Business FY2015 and FY2016 Forecast

Changes in Equity and Interest-bearing Debt

Reference

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Innovation Business FY2015 and FY2016 Forecast

We will now look at the Innovation Business segment.

In the fiscal year ended March 31, 2016, operating revenue increased ¥3.7 billion year on year, to ¥51.2 billion, and operating loss grew ¥2.5 billion to become ¥3.0 billion.
Operating revenue rose due to increased property sales in the overseas businesses. A reduced number of completed renovated and custom-built homes, however, led to a decrease in operating income.

In the fiscal year ending March 31, 2017, the segment is projected to reach operating revenue of ¥70.3 billion, up ¥19.0 billion year on year, and operating loss of ¥0.6 billion, up ¥2.4 billion year on year.
We expect to see an increase in both revenue and income based on growth in sales of property units in the overseas businesses.