tokyu land corporation

Financial Highlights
FY2019 First Quarter (First Three Months) Ended June 30, 2019

 

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FY2019 Q1 (First Three Months) Operating Results

FY2019 Q1 (First Three Months) Segment performance

Summary of balance sheets

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands

Innovation Business

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(6) Major projects <Takeshiba>

I would now like to explain the Takeshiba District Development Plan. The facility will commence operation in 2020.

The Takeshiba facility is an office building with the Company’s largest floor area for lease, totaling approximately 28,000 tsubo. Office floors will be leased to SoftBank Group and SoftBank Corporation.
As we announced in the release in July 9, 2019, we reached an agreement with SoftBank Corporation, an office tenant of this property, on a joint urban development so that we contribute to urban revitalization and accelerate industrial development.

By utilizing leading-edge technologies totally in the town and gathering/analyzing data on the flow of people and environments inside and outside of the building, we will be able to establish speedy security systems based on video analyses and other measures, visualize congestion levels in restaurants, and propose optimal transportation means.
Through such initiatives, we will convert not only the building itself but also the Takeshiba area into a model smart city that realizes development and problem-solving for the area.