tokyu land corporation

Financial Highlights
FY2016 Ended Mar-31, 2017

 

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FY2016 Financial Highlights

FY2016 Operating Results

FY2016 Segment performance

Summary of balance sheets

Summary of Cash Flows

FY2017 Forecast (Operating Results)

FY2017 Forecast (Segment performance)

Segment Performance

Reference

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FY2017 Forecast (Operating Results)

I would now like to explain the future outlook for the fiscal year ending March 31, 2018.

We are planning to achieve operating revenue of ¥840.0 billion, operating profit of ¥73.5 billion, ordinary profit of ¥64.0 billion and profit attributable to owners of parent of ¥ 34.5 billion.

In addition, we are aiming to increase revenues mainly by increasing gains on the sales of rental residence properties for investors in the Residential segment and to increase profits mainly by increasing gains on the sales of buildings for investors in the Urban Development segment.

Interest-bearing debt at the end of the fiscal year is forecast to be ¥1, 230.0 billion, which is to be increased by ¥92.1 billion from the end of the fiscal year ended March 31, 2017 due to new investments, etc., but the DER is expected to level off at 2.6 times due to the enhancement of equity from the end of the fiscal year ended March 31, 2017.

Dividend per share is planned to increase by ¥1.5, to ¥14.5.