tokyu land corporation

Financial Highlights
FY2010 Second Quarter(First Six Months)

 

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FY2010 Q2(First Six Months) Operating Results

FY2010 Q2(First Six Months) Segment performance

Summary of balance sheets

FY2010 Forecast (Operating Results)

FY2010 Forecast (Segment performance)

Leasing of Real Estate

Real Estate Sales

Facility Operations

Other Segments FY 2010 Q2(First Six Months)

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FY2010 Forecast (Segment performance)

I will now provide an overview of our segment performance forecast.

We forecast a rise in revenue from the previous year in all segments.

We expect sharp rises in revenue and income in the Real Estate Sales segment, reflecting an increase in sales of condominium units to be recorded, an improvement in the gross margin ratio, and a fall in the loss on valuation of inventories.

In the Leasing of Real Estate segment, we forecast that both revenue and income will increase, attributable to a rise in dividends through the sale of buildings by SPCs and a decrease in losses to be realized in assets held through SPCs, despite a decline in revenue from the existing buildings.

I will be explaining performance by segment in detail.