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 (Segment performance)

I would now like to explain the expected increase and decrease of operating revenue and operating profit by segment.

As you can see in the bar graph on the upper part of the slide, we are planning a ¥31.5 billion increase in operating revenue from the previous year with gains on the sales of rental residence properties for investors and increased sales of condominiums in the Residential segment.

In terms of operating profit, as shown on the lower part of the slide, we are forecasting a decrease due to highly profitable condominiums recorded in the Residential segment and gains on the sales of country house land in the Wellness segment in the previous fiscal year, however this is expected to be offset by an increase due to increased gains on the sales of buildings for investors in the Urban Development segment and an increase in the Property Management segment and the Real-Estate Agents segment.
Overall, a profit increase of ¥0.3 billion year on year is expected.