tokyu land corporation

Financial Highlights
FY2018 Ended Mar-31, 2019

 

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Progress of Medium-Term Management Plan 2017-2020 (1)

Progress of Medium-Term Management Plan 2017-2020 (2)

Basic Policy for Increasing Shareholder Value and Corporate Value①

Basic Policy for Increasing Shareholder Value and Corporate Value②

Basic Policy for Increasing Shareholder Value and Corporate Value③

Overview of Results of the Fiscal Year Ended March 31, 2019 and Forecast for the Fiscal Year Ending March 31, 2020

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands

Innovation Business

Reference

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FY2018 Operating Results

I will now provide you with an overview of the results for the fiscal year ended March 2019.

The results for the fiscal year ended March 2019 include operating revenue of 901.9 billion yen, operating profit of 80.2 billion yen, ordinary profit of 70.7 billion yen, and profit attributable to owners of parent of 37.5 billion yen. Both revenue and profit increased thanks to the delivery of the co-ownership shares prior to the opening of a membership resort hotel in the Wellness segment and the strong result of the Real Estate Agent segment.

Interest-bearing debt totaled 1,289.8 billion yen. We have achieved a D/E ratio of 2.3 times, which was set as the target for the final fiscal year in the Medium-Term Management Plan, two years ahead of schedule by increasing capital through public offering and other means and steadily accumulating profit attributable to owners of parent.