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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(8) Renewable energy business

Here are our initiatives for renewable energy projects.

As part of our efforts to expand the cyclical investment business, we are in the process of operating businesses under the ReENE brand.

As of the end of December 2019, we were working on a total of 51 projects including 22 plants in operation and 29 plants under development, which means that the investment balance and rated capacity stood at ¥122.6 billion and 1,056MW, respectively.

The level surpassing the rated capacity of 1GW is a business size that is significant enough for us to be recognized as a leading renewable energy operator, not only in Japan but overseas as well.

Going forward, the Company will contribute to building a sustainable society by promoting initiatives for the business of renewable energies such as solar and wind power.