tokyu land corporation

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

 

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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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(1) FY2019 Q3(First Nine Months)

We will now move on to the Wellness segment.

In the third quarter of the fiscal year ending March 31, 2020 both revenue and profit decreased, mainly due to the absence of the posting of co-ownership shares of Tokyu Harvest Club posted in the previous fiscal year, despite proceeds from Tokyu Stay and other facilities that commenced operation.

In terms of forecasts for the fiscal year ending March 31, 2020, both revenue and profit are expected to decrease for the same reason.