tokyu land corporation

Financial Highlights
FY2009 Second Quarter(First Six Months)

 

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FY2009 Q2(First Six Months) and FY2009 Forecast

FY2009 Q2(First Six Months) Segment performance

Summary of balance sheets

Leasing of Real Estate

Real Estate Sales

Resorts

Other Segments FY 2009 Q2(First Six Months)

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New Projects

 Next, I will give a development update about new facilities in our resort business.

 For the Harvest Club, VIALA Hakone Hisui opened in April 2008. This was the first installment of the high-end VIALA series for the Harvest Club. Membership was set at approximately ¥10 million per unit, but last year sales started to slow after a strong start. Currently, about 90% of the memberships have been sold. The Arima facility is scheduled to open in March 2010. As for golf courses, in October last year we opened the Asakura Golf Club, but there are no plans to open new golf courses at this stage.

 The number of Oasis sports clubs is steadily increasing each year, and the Totsuka branch is scheduled to open at the end of November, as part of the Saclass Totsuka project that I mentioned in the presentation on our Leasing of Real Estate business.