tokyu land corporation

Financial Highlights
FY2020 First Quarter (First Three Months) Ended June 30, 2020

 

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Overview of the FY2020 First Quarter (First Three Months) Ended June 30, 2020

FY2020 Q1 (First Three Months) Operating Results

Effects of the Coronavirus in FY2020 Q1 (First Three Months)

FY2020 Q1 (First Three Months) Segment performance

FY2020 Q1 (First Three Months) Summary of balance sheets

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands

Innovation Business

Development of Business to Address Social Issues

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FY2020 Q1 (First Three Months) Summary of balance sheets

This is a summary of balance sheets

Total assets at the end of June 2020 increased 144.7 billion yen from the end of the previous fiscal year, to 2,632.0 billion yen.

Property and equipment, intangible assets grew mainly due to investments in existing projects in the Urban Development business.

Interest-bearing debt rose 211.4 billion yen from the end of the previous fiscal year primarily owing to the procurement of necessary capital ahead of schedule.

The balance of interest-bearing debt at the end of the fiscal year is projected to be 1,480 billion yen, in line with estimates at the beginning of the fiscal year.