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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(1) FY2019 Q1(First Three Months)

Now, I will move on to the Real Estate Agents segment. Please refer to page 16.
In the first quarter, both revenue and profit increased due to a rise in the posting of entire residential buildings for investment as well as higher sales of the purchase and resale business in real estate sales.
In terms of full year forecasts, this segment projects an increase in both revenue and profit, mainly due to the expected strong performance continuing from previous period in retail of the real-estate sales agent business.