tokyu land corporation

Financial Highlights
FY2019 Ended Mar-31, 2020

 

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Contents

Trends in Results and Polices of FY2020 Earnings Forecasts

Action Policies in FY2020

Overview of Results of the Fiscal Year Ended March 31, 2020 and Forecast for the Fiscal Year Ending March 31, 2021

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands

Innovation Business

Development of Business to Address Social Issues

Trends in equity and interest-bearing debt

Sustainable Management

Issuance of green bonds

Return to Shareholders

Reference

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FY2019 Operating Results

I will now provide an overview of the results for the fiscal year ended March 2020.

The results for the fiscal year ended March 2020 include operating revenue of 963.2 billion yen, operating profit of 79.3 billion yen, ordinary profit of 67.5 billion yen, and profit attributable to owners of parent of 38.6 billion yen, which is a record high.
Results in the first nine months were favorable in comparison with the initial forecast. However, revenue rose and operating profit fell in the full year, due to the spread of the coronavirus in the fourth quarter.

Interest-bearing debt totaled 1,361.0 billion yen. The D/E ratio stood at 2.3 times.