tokyu land corporation

Financial Highlights FY2020 Ended Mar-31, 2021

 

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Contents

Overview of Results of the Fiscal Year Ended March 31, 2021

Forecast for the Fiscal Year Ending March 31, 2022

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Financial Capital Strategy

Initiatives for Achieving RE100 Targets

Initiatives Related to Climate Change

Sustainable Management <External Evaluation>

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FY2020 Operating Results

Next is a breakdown of changes in financial results and segments.

The financial results were as follows: operating revenue of JPY907.7 billion, operating profit of JPY56.5 billion, ordinary profit of JPY46.6 billion, and profit of JPY21.7 billion.

Each segment was affected by COVID-19.

As stated, profits decreased in all segments, except for the urban development segment, which saw new development properties come on stream and an increase in revenues from asset sales. The details will be explained later. As an extraordinary loss, the Group posted a loss of JPY6.6 billion due to the COVID-19 impact.