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)

Next, we will cover the Real Estate Agents business segment.

For the second quarter, operating revenue came to 117.7 billion yen and operating profit to 15.0 billion yen, representing increases in both revenues and profit over the same quarter last year.

Real-estate sales agent operations are maintaining their strong performance largely due to needs to revisit living arrangements triggered by COVID-19 in addition to a greater rebound from the impact of the virus in the same quarter of the last fiscal year.
For real estate sales as well, there was the posting of major properties sold, among other activity.

For the full-year, we are forecasting both increases in revenues and profit over the previous fiscal year, with operating revenue of 232.0 billion yen and operating profit of 23.8 billion yen. Our plan is to grow sales and profit with a particular focus on our strong-performing real-estate sales agent operations.