tokyu land corporation

Financial Highlights
FY2019 Second Quarter (First Six Months)
Ended September 30, 2019

 

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Cover

Disclaimer

Contents

FY2019 Q2 Financial Highlights

FY2019 Q2 (First Six Months) Operating Results

FY2019 Q2 (First Six Months) Segment performance

Summary of balance sheets

Summary of Cash Flows

FY2019 Earnings Forecasts

FY2019 Forecast (Segment performance)

Trends in equity and interest-bearing debt

Return to Shareholders

ESG management

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands

Innovation Business

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Trends in equity and interest-bearing debt

I would like to talk about the trends in equity and interest-bearing debt.

For the fiscal year ending March 31, 2020, interest-bearing debt will increase ¥90.2 billion from the previous fiscal year, to ¥1,380.0 billion, due to investments in large projects such as the currently ongoing Shibuya redevelopment projects and new investments. We plan for DE ratio of 2.3 times without changes.