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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FY2019 Q1(First Three Months)

I will now move on to the Tokyu Hands segment. Please refer to page 20.
In the first quarter, revenue increased, reflecting the contribution of new stores and growth of existing stores, but profit decreased mainly due to rises in opening costs and other expenses.
With respect to full year forecasts, the segment projects an increase in revenue and profit, given the continuing contribution of new stores and improvements in existing stores.