tokyu land corporation

Financial Highlights
FY2019 Third Quarter (FY2019 Third Quarter (First Nine Months) Ended December 31, 2019

 

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Cover

Disclaimer

Contents

FY2019 Q3 (First Nine Months) Operating Results

FY2019 Q3 (First Nine Months) Segment performance

Summary of balance sheets

Trends in equity and interest-bearing debt

Issuance of green bonds

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands

Innovation Business

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Issuance of green bonds

We would now like to talk about green bonds, whose conditions were finalized on January 17, 2020.

We have issued green bonds to raise funds of ¥10 billion that will be used for payments for two projects, namely the Shibuya Solasta, a building that has the highest environmental performance among our office buildings, and the ReENE Matsumae Wind Power Plant, which is Hokkaido’s first wind power plant equipped with a storage battery facility.

Through the issuance of the bonds, we enhanced people’s awareness of the Group’s initiatives regarding environmental issues, while also receiving endorsements from 18 investors who expressed their investment intentions, which came to approximately 2.6 times the issue amount.