tokyu land corporation

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

 

TOP

Cover

Disclaimer

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>

Download the PDF


Prev. Page Next Page

<Efforts for RE100>

I would like to introduce our RE 100 efforts.

In April 2019, Tokyu Land Corp became the first real estate company in Japan to join RE 100, and we have continued to consider the best ways to promote the use of renewable energy.

In April 2021, we decided to switch to renewable energy for power consumption at our company sites including our head office, which is Shibuya Solasta, and our office buildings and commercial facilities in the Greater Shibuya area, encompassing a total of 17 facilities.

The projected annual reduction in CO2 emissions resulting from this changeover is approximately 9,400 tons, equivalent to the annual emissions from the electricity used by about 4,825 households.

When purchasing renewable energy, the cost is generally high.
As a result of the collaboration between Tokyu Land Corp and electric power companies to increase the use of renewable energy, both Tokyu Land Corp and the tenants of each facility are able to use renewable energy at the same electricity prices as before.

Taking advantage of this initiative, Tokyu Land Corp is considering significantly moving forward its RE100 target achievement from the year 2050.

The Group will continue to work toward the realization of a sustainable society through its Renewable Energy Business efforts.