tokyu land corporation

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

 

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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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(8) Logistics facilities business

Regarding the status of the logistic facilities business.
As part of the expansion of asset types in the cyclical reinvestment business, we are advancing development under the LOGI ’Q brand name.

As of the end of December, we were working on a total of 13 projects, 8 have been under operation and 5 were under development. The investment balance was ¥37.0 billion and the total floor space after the completion of all properties would be 930,000 ㎡.

The lower right section shows demonstration experiments for the promotion of smart logistics using local 5G.

As the e-commerce market grows, the need for logistics facilities is expected to grow going forward. We will therefore advance the development of logistics facilities, taking advantage of the features of our Group.