tokyu land corporation

Financial Highlights
FY2018 Ended Mar-31, 2019

 

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Disclaimer

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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(1) FY2018 and FY2019 Forecast

Next, I will explain the Residential segment.

In the fiscal year ended March 31, 2019, the segment recorded a decline in both revenue and profit. This was mainly due to a fall in the number of condominium units sold despite an increase in the sale of rental housing for investors, which is included in “Others” in operating revenue.

For the fiscal year ending March 31, 2020, we forecast a decrease in revenue largely due to a decline in the sale of rental housing for investors, but an increase in profit thanks primarily to growth in the number of condominium units sold.