tokyu land corporation

Financial Highlights FY2021 Second Quarter (First Six Months) Ended September 30, 2021

 

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Disclaimer

Contents

FY2021 Q2 {First Six Months)/ plan for FY2021 Highlights

Forcast for the FY2021

Results of the FY2021 Q2 / Highlight for the FY 2021 plan

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Basic Policy for Increasing Shareholder Value and Corporate Value

Financial Capital Strategy

Formulation of bond policy

Issuance of sustainability-linked bond

Our efforts in relation to the international agreement for the realization of a decarbonized society

Sustainable Management〈External Evaluation〉

Roadmap for Value Creation through DX

DX Case Study

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FY2021 Earnings Forecasts

This is an explanation of our business performance forecast for the full year.

We are targeting 1,010.0 billion yen in operating revenue, 80.0 billion yen in operating profit, 66.5 billion yen in ordinary profit, and 30.0 billion yen in profit attributable to owners of parent.
Expect of operating revenue, no changes have been made from our initial forecast. However, based on trends in our business performance up to the second quarter, we changed the breakdown for each segment.

No changes have been made from our initial forecasts for ROE and D/E ratio, which remain at 5.0% and 2.4x, respectively.

As our policy on the return of profits to our shareholders in the immediate term, we will endeavor toto maintain a dividend payout ratio of 30% or more and to maintain stable dividends
We will keep the amount of dividends for the fiscal year ending March 31, 2022 at 16.0 yen per share, the same level as last fiscal year, and are scheduling a dividend payout ratio of 38.4%.