tokyu land corporation

Financial Highlights
FY2019 Ended Mar-31, 2020

 

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Cover

Disclaimer

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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Issuance of green bonds

I would like to explain the green bonds on which the conditions were determined on January 17, 2020.

We issued 10 billion yen’s worth of green bonds to be able to use the funds for two projects: Shibuya Solasta, which features the most advanced environmental performance among the Group’s office buildings, and the ReENE Matsumae Wind Farm, Hokkaido’s first wind power plant with a battery energy storage system.

We raised awareness of the Group’s initiatives to deal with environmental issues, and 18 investors announced their investments. Demand for investment was approximately 2.6 times as much as the amount of issuance.