tokyu land corporation

Financial Highlights FY2021 Third Quarter (First Nine Months) Ended December 31, 2021

 

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Contents

Results of the FY2021 Q3

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Initiatives for the realization of a decarbonized society

Sustainable Management〈External Evaluation〉

Roadmap for Value Creation through DX

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

This is an overview of our financial results for the third quarter of the fiscal year ending March 31, 2022.

Operating revenue came to 634.1 billion yen, operating profit to 53.2 billion yen, ordinary profit to 44.6 billion yen, and profit attributable to owners of parent to 28.3 billion yen. Note that similar to the previous fiscal year, for fixed and other expenses that accompanied the temporary closing of facilities due to national and local government requests in the first quarter, we posted 1.5 billion yen in extraordinary losses in the form of a loss on COVID-19 impact.

Our D/E ratio was 2.4x, or 2.2x after consideration for hybrid financing totaling 100 billion yen.