tokyu land corporation

Financial Highlights
FY2020 Third Quarter (First Nine Months) Ended December 31, 2020

 

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Contents

Overview of the FY2020 Third Quarter (First Nine Months) Ended December 31, 2020

Urban Development

Residential

Property Management

Real Estate Agents

Wellness

Tokyu Hands FY2020 Q3(First Nine Months)

Initiatives in Wellness and Tokyu Hands segments

Innovation Business

Trends in equity and interest-bearing debt

Hybrid Financing

Return to Shareholders

Development of Business to Address Social Issues

Sustainable Management<External Evaluation>

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(7) Renewable energy business

Regarding the Renewable Energy Business.
Our Group’s renewable energy generation facilities operate under the ReENE brand name.

Since April, 8 new projects are under operation, and as of the end of December, 38 projects have been under operation and 15 projects are under development, for a total of 53 projects.
The investment balance was ¥171.9 billion, and the total rating capacity after all properties begin operating was 1,145 MW.

This rating capacity exceeding 1 GW (1,000 MW) represents a scale of business, under which our Group can be also recognized as one of strong renewable energy companies overseas.

Tokyu Land Corporation is a member of the international RE 100 initiative which aims to procure 100% of the electricity consumed in business activities from renewable energy (Tokyu Land Corporation joined in April 2019).
I will explain the specific efforts we have made later.