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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(1) FY2019 Q2(First Six Months)

I will now move on to the Wellness segment.

In the second quarter of the fiscal year ending March 31, 2020, both revenue and profit decreased mainly due to the absence of the delivery of co-ownership shares of Tokyu Harvest Club posted in the previous fiscal year, despite the start of operation at new Tokyu Stay hotels and other facilities.

In terms of full year forecasts, both revenue and profit are expected to decrease for the same reason.