tokyu land corporation

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

 

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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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(6) Major projects <Shibuya Fukuras>

The next slide provides an overview of Shibuya Fukuras, which was completed in October.

This project is the redevelopment of a site in front of the West Exit of Shibuya Station where Tokyu Plaza Shibuya was located.

The upper floors of the facility have been leased to GMO Internet, Inc. for use as an office. The commercial facility floors will be the new Tokyu Plaza Shibuya, which will commence operation in December. The C'est La Vie roof-top bar, which operates at Marina Bay Sands in Singapore, is scheduled to open on the top floor of the facility.

In addition, the facility features a bus terminal on the first floor.
Featuring service of the limousine airport buses for Haneda and Narita, in addition to fixed-route buses, the terminal is equipped with a tourism support facility and will function as a new gateway to Shibuya.