tokyu land corporation

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

 

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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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① FY2021 Q2(First Six Months)

We will discuss the Strategic Investment business segment.

In the second quarter, operating revenue came to 19.5 billion yen and operating profit to 6.0 billion yen, representing increases in revenues and profit over the same quarter last fiscal year.

The Infrastructure & Industry business experienced an increase in profit largely due to the sale of logistics facilities and the new operation of renewable energy facilities.

For the full-year, increases in both revenues and profit are forecasted over the previous fiscal year, with operating revenue of 74.0 billion yen and operating profit of 13.4 billion yen.

In the Infrastructure & Industry business, we are forecasting a decrease in profit due to a drop-off in fee income and a decrease in sale dividends despite an increase in revenue from the sale of assets. However, our plan calls for an increase in profit for the overall segment due largely to the sale of properties under our overseas operations.