tokyu land corporation

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

 

TOP

Cover

Disclaimer

Contents

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

Download the PDF


Prev. Page Next Page

① FY2021 Q1(First Three Months)

This is where the real estate agents segment begin.

Operating revenue was JPY65.1 billion, and operating profit was JYP7.5 billion, an increase in both revenue and profit compared to the same quarter of the previous fiscal year.

Real estate sales agent, especially retail, was strong due to needs for reviewing housing triggered by the COVID-19, in addition to the reaction to the impact of COVID-19 in the same quarter of the previous year.
In the real estate sales business, large properties were sold in the first quarter.

Rental housing service saw a year-on-year decrease in profits, but this was due to a reactionary decline in property sales in the same quarter of the previous year.

As for the full-year forecast, we plan to increase both revenue and profit from the previous year, as shown in the lower part of the page.
We plan to increase focusing on real estate sales agent, which is performing well.