tokyu land corporation

Financial Highlights
FY2020 Second Quarter (First Six Months)
Ended September 30, 2020

 

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Contents

Trends in Results and Polices of FY2020 Earnings Forecasts

Activity policy for the fiscal year ending March 2021

Overview of the FY2020 Second Quarter (First Six Months) Ended September 30, 2020 and Forecast for the Fiscal Year Ending March 31, 2021

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands FY2020 Q2(First Six Months)

Initiatives in Wellness and Tokyu Hands segments

Innovation Business

Trends in equity and interest-bearing debt

Hybrid financing

Issuance of sustainability bonds

Return to Shareholders

Development of Business to Address Social Issues

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(8) Logistics facilities business

This shows the current situation of logistics facilities business.

We are developing logistics facilities under the brand name LOGI’Q to expand asset types in the cyclical reinvestment business.

As of the end of September 2020, we were working on 13 projects, 9 properties in operation and 4 properties under development. The balance of investments was 37.7 billion yen. The total floor area stood at 935,000 ㎡.

In addition to our initiative using resources of the Group in LOGI'Q Miyoshi described in the right side upper area, the lower area is the introduction of a trail experiment toward the facilitation of smart logistics using local 5G.

Needs for logistics facilities are expected to rise in the future alongside the growth of EC market, and we will pursue the development while making use of the Group’s characteristics.