tokyu land corporation

Financial Highlights FY2021 First Quarter (First Three Months) Ended June-30, 2021

 

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Overview of the FY2021 First Quarter (First Three Months) Ended June 30, 2021

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Initiatives for Achieving RE100 Targets

Initiatives Related to Climate Change

Sustainable Management <External Evaluation>

Corporate Governance

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① FY2021 Q1(First Three Months)

Please refer to the strategic investment segment.

Operating revenue was JPY11.6 billion, and operating profit was JPY4.1 billion, an increase in both revenues and profits compared to the same quarter of the previous fiscal year.

In the infrastructure and industry business, profit increased due to the sale of logistics facilities and new operation of renewable energy facilities.

As for the full-year forecast, as described in the bottom row, we plan to increase revenue and decrease profit due to a decrease in dividends from the sale of assets and the loss of fee income, despite an increase in revenue from the sale of assets in the infrastructure and industry business.