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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(2) Stock of properties

This shows the status of our stock under management.

The upper part indicates the trend in the number of condominium units under management.
The number of condominium units under management at the end of September 2020 stood at 843,000, an increase of slightly over 10,000 units from the end of the previous fiscal year.

As for the trend in the number of buildings and other facilities under management shown in the lower area, it declined from the end of the previous fiscal year chiefly due to the reorganization of unprofitable properties. Meanwhile, properties under management are growing due to Tokyo PortCity Takeshiba and the commissioned redevelopment project surrounding Shibuya Station.