FACT SHEETS
the First Quarter of Fiscal Year Ending December 31,2023
May 11 , 2023
https://www.tatemono.com/english/
Disclaimer
Although Tokyo Tatemono has made every effort to ensure the information provided in these materials is correct, the Company does not guarantee the information herein is accurate or complete. Contents are subject to change or disuse without notice. Recipients shall use these materials at their own risk and without recourse.
Forward-Looking Statements
This document contains certain statements based on Tokyo Tatemono's current plans, estimates, and strategies; all statements that are not of historical fact are forward-looking statements. These statements represent the judgments and hypotheses of the Company's management based on currently available information. It is possible that the Company's future performance will differ significantly from the contents of these forward-looking statements. Accordingly, there is no assurance that the forward-looking statements in this document will prove to be accurate.
Financial results (Consolidated)【Statements of income】
2018/12 | 2019/12 | 2020/12 | 2021/12 | 2022/12 | 2023/12 | ||||||||||||||||
(Millions of yen) | full-year | full-year | full-year | full-year | |||||||||||||||||
1Q | 2Q cumulative | 3Q cumulative | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year forecast | ||||||||||||||
Operating revenue | 273,302 | 323,036 | 334,980 | 340,477 | 121,684 | 215,066 | 268,455 | 349,940 | 118,393 | - | - | 413,000 | |||||||||
Operating gross profit | 81,168 | 89,694 | 83,025 | 92,543 | 35,295 | 67,372 | 81,949 | 101,488 | 38,446 | - | - | 105,000 | |||||||||
(Gross margin) | 29.7% | 27.8% | 24.8% | 27.2% | 29.0% | 31.3% | 30.5% | 29.0% | 32.5% | - | - | 25.4% | |||||||||
Selling, general and administrative expenses | 34,402 | 37,283 | 33,393 | 33,759 | 9,790 | 19,145 | 26,899 | 37,009 | 11,156 | - | - | 39,000 | |||||||||
(As a % of revenue) | 12.6% | 11.5% | 10.0% | 9.9% | 8.0% | 8.9% | 10.0% | 10.6% | 9.4% | - | - | 9.4% | |||||||||
Operating profit | 46,765 | 52,410 | 49,631 | 58,784 | 25,504 | 48,227 | 55,050 | 64,478 | 27,289 | - | - | 66,000 | |||||||||
Business profit (*1) | - | 51,668 | 49,847 | 47,979 | 25,390 | 51,195 | 58,095 | 66,304 | 28,136 | - | - | 71,000 | |||||||||
Non-operating income | 3,593 | 3,537 | 5,691 | 6,881 | 1,693 | 5,623 | 7,053 | 6,307 | 2,221 | - | - | 9,000 | |||||||||
Interest and dividend income | 2,420 | 2,883 | 3,321 | 5,358 | 1,060 | 1,685 | 3,156 | 3,650 | 1,158 | - | - | - | |||||||||
Other | 1,172 | 653 | 2,370 | 1,523 | 633 | 3,937 | 3,896 | 2,656 | 1,062 | - | - | - | |||||||||
Non-operating expenses | 8,321 | 11,335 | 8,250 | 19,395 | 2,041 | 3,664 | 5,433 | 7,254 | 2,038 | - | - | 8,000 | |||||||||
Interest expenses | △ | 6,020 | △ | 6,970 | △ | 6,725 | △ | 6,667 | 1,602 | △ | 3,070 | △ | 4,570 | △ | 6,094 | 1,688 | - | - | - | ||
Other | 2,300 | 4,365 | 1,524 | △ | 438 | 594 | 862 | 1,160 | △ | 349 | - | - | - | ||||||||
12,728 | |||||||||||||||||||||
(Net interest received) | 3,600 | 4,086 | 3,404 | 1,309 | 542 | 1,384 | 1,413 | 2,444 | 529 | - | - | - | |||||||||
Ordinary profit | 42,036 | 44,611 | 47,072 | 46,270 | 25,156 | 50,185 | 56,670 | 63,531 | 27,472 | - | - | 67,000 | |||||||||
Extraordinary income | 720 | 2,932 | 4,730 | 10,719 | 224 | 415 | 445 | 1,659 | 2 | - | - | 2,000 | |||||||||
Gain on sale of non-current assets | 54 | 75 | 628 | 7 | 173 | 365 | 394 | 726 | 2 | - | - | - | |||||||||
Other | 665 | 2,857 | 4,102 | 10,711 | 50 | 50 | 50 | 933 | - | - | - | - | |||||||||
Extraordinary losses | 2,655 | 2,215 | 4,879 | 754 | 70 | 105 | 330 | 2,440 | 26 | - | - | 3,000 | |||||||||
Loss on sale and retirement of non-current assets | 160 | 263 | 287 | 211 | 38 | 59 | 87 | 148 | 23 | - | - | - | |||||||||
Loss on valuation of investment securities | - | - | 2,013 | 138 | - | - | 56 | 50 | - | - | - | - | |||||||||
Other | 2,495 | 1,951 | 2,578 | 405 | 32 | 45 | 186 | 2,240 | 3 | - | - | - | |||||||||
Profit before income taxes | 40,101 | 45,329 | 46,923 | 56,234 | 25,310 | 50,495 | 56,785 | 62,750 | 27,448 | - | - | 66,000 | |||||||||
Profit attributable to owners of parent | 27,277 | 29,796 | 31,795 | 34,965 | 17,226 | 35,330 | 39,391 | 43,062 | 17,755 | - | - | 44,500 |
(*1) Business profit = operating profit + share of profit (loss) of entities accounted for using equity method
To capture the growth of overseas businesses, we have defined business profit as a target profit indicator. Business profit is the sum of operating profit and share of profit (loss) of entities accounted for using equity method.
2
【Financial condition】
2018/12 | 2019/12 | 2020/12 | 2021/12 | 2022/12 | 2023/12 | |||||||
(Millions of yen) | ||||||||||||
full-year | full-year | full-year | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year forecast | |
Total assets (*1) | 1,450,091 | 1,564,049 | 1,624,640 | 1,650,770 | 1,630,893 | 1,666,864 | 1,675,089 | 1,720,134 | 1,812,369 | - | - | - |
Share capital | 92,451 | 92,451 | 92,451 | 92,451 | 92,451 | 92,451 | 92,451 | 92,451 | 92,451 | - | - | - |
Owners' equity | 348,131 | 375,008 | 389,364 | 417,055 | 429,436 | 449,060 | 447,311 | 445,994 | 458,745 | - | - | - |
Equity ratio | 24.0% | 24.0% | 24.0% | 25.3% | 26.3% | 26.9% | 26.7% | 25.9% | 25.3% | - | - | - |
Interest-bearing debt | 857,117 | 924,891 | 976,896 | 956,836 | 927,599 | 935,599 | 940,137 | 989,798 | 994,578 | - | - | 1,050,000 |
Debt-equity ratio | 2.5 | 2.5 | 2.5 | 2.3 | 2.2 | 2.1 | 2.1 | 2.2 | 2.2 | - | - | - |
Interest-bearting debt/EBITDA multiple | 12.7 | 12.6 | 13.4 | 13.3 | - | - | - | 11.1 | - | - | - | - |
Debt-equityratio=Interest-bearing debt / Owners' equity. | ||||||||||||
Interest-bearing debt / EBITDA multiple = interest-bearing debt / (operating profit + interest & dividend income +share of profit (loss) of entities accounted for using equity method + depreciation + goodwill amortization expense) | ||||||||||||
(*1) From FY2019, the Accounting Standards on Tax Effect Accounting was partially revised. The figures of total assets for FY2018 are presented in accordance with new standards. |
【Important financial indices】
2018/12 | 2019/12 | 2020/12 | 2021/12 | 2022/12 | 2023/12 | ||||||||
full-year | full-year | full-year | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year forecast | ||
ROE | 7.9% | 8.2% | 8.3% | 8.7% | - | - | - | 10.0% | - | - | - | - | |
ROA | 3.3% | 3.4% | 3.1% | 2.9% | - | - | - | 3.9% | - | - | - | - | |
ROE=Profit attributable to owners of parent/ Owners' equity.(Average at the beginning and end of the period) | |||||||||||||
ROA=Business profit(operating profit + share of profit (loss) of entities accounted for using equity method) / Total assets. |
【Scope of consolidation】
2018/12 | 2019/12 | 2020/12 | 2021/12 | 2022/12 | 2023/12 | ||||||||||||
full-year | full-year | full-year | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year forecast | ||||||
Consolidated subsidiaries | 27 | 28 | 27 | 27 | 28 | 28 | 28 | 29 | 29 | - | - | - | |||||
Affiliated companies accounted for using equity method | 19 | 19 | 20 | 20 | 20 | 19 | 21 | 22 | 23 | - | - | - |
3
【Cash flows】
2018/12 | 2019/12 | 2020/12 | 2021/12 | 2022/12 | 2023/12 | ||||||||||||||||||||||||||||||
(Millions of yen) | |||||||||||||||||||||||||||||||||||
full-year | full-year | full-year | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year forecast | ||||||||||||||||||||||||
Profit before income taxes | 40,101 | 45,329 | 46,923 | 56,234 | - | 50,495 | - | 62,750 | - | - | - | - | |||||||||||||||||||||||
Depreciation | 16,448 | 17,277 | 18,971 | 18,572 | - | 9,107 | - | 18,796 | - | - | - | - | |||||||||||||||||||||||
Loss (gain) on sale and retirement of non-current assets | 105 | 187 | △ | 340 | 204 | - | △ | 305 | - | △ | 577 | - | - | - | - | ||||||||||||||||||||
Impairment loss | 2,495 | 1,350 | 899 | 273 | - | 45 | - | 462 | - | - | - | - | |||||||||||||||||||||||
1,104 | △ | 1,278 | △ | 784 | △ | - | △ | 1,121 | - | △ | 292 | - | - | - | - | ||||||||||||||||||||
Decrease (increase) in trade receivables | △ | △ | △ | 310 | |||||||||||||||||||||||||||||||
Increase (decrease) in trade payables | △ | 1,381 | 291 | △ | 296 | △ | 47 | - | 1,224 | - | 813 | - | - | - | - | ||||||||||||||||||||
Increase (decrease) in deposits received | △ | 5,936 | △ | 7,226 | △ | 5,086 | △ | 380 | - | △ | 4,714 | - | △ | 3,839 | - | - | - | - | |||||||||||||||||
Decrease (increase) in inventories | 23,273 | 34,533 | 10,925 | 3,467 | - | 12,667 | - | 65,006 | - | - | - | - | |||||||||||||||||||||||
Income taxes refund (paid) | 15,038 | 12,850 | 15,642 | 18,619 | - | 11,975 | - | 22,083 | - | - | - | - | |||||||||||||||||||||||
Other | △ | 4,569 | △ | 1,095 | △ | 9,807 | 6,495 | - | △ | 9,307 | - | △ | 2,035 | - | - | - | - | ||||||||||||||||||
Net cash provided by (used in) operating activities | 19,748 | 24,096 | 43,524 | 65,889 | - | △30,004 | - | △ | 3,332 | - | - | - | 10,000 | ||||||||||||||||||||||
Proceeds from sale and redemption of investment securities | 8,186 | 2,556 | △ | 4,455 | 10,786 | - | 2,151 | - | △ | 2,188 | - | - | - | - | |||||||||||||||||||||
△ | △ | 4,158 | △ | - | 1,526 | - | 5,604 | - | - | - | - | ||||||||||||||||||||||||
Purchase of investment securities | △ | 11,625 | △ | 7,911 | △ | △ | 1,578 | △ | △ | ||||||||||||||||||||||||||
Payments for investments in silent partnerships | 767 | 810 | 4,647 | 73 | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
Proceeds from withdrawal of investments in silent partnerships | △ | 2,112 | △ | 1,244 | △ | 288 | △ | 774 | - | △ | 4,320 | - | △ | 4,460 | - | - | - | - | |||||||||||||||||
Proceeds from sale of non-current assets | 1,350 | 4,518 | 3,907 | 19 | - | 876 | - | 4,244 | - | - | - | - | |||||||||||||||||||||||
Purchase of non-current assets | 40,798 | 64,726 | 58,184 | 19,386 | - | 14,189 | - | 22,495 | - | - | - | - | |||||||||||||||||||||||
Decrease(increase) in deposits received under real estate specified joint enterprise law | 22,071 | 2,560 | 3,199 | 2,693 | - | 584 | - | 1,892 | - | - | - | - | |||||||||||||||||||||||
Other | △ | △ | 35 | △ | 3,606 | △ | 5,185 | 5,121 | - | △ | 1,800 | - | △ | 2,104 | - | - | - | - | |||||||||||||||||
64,082 | △ | △ | - | △ | - | △ | - | - | - | 55,000 | |||||||||||||||||||||||||
Net cash provided by (used in) investing activities | 63,577 | △66,724 | 1,642 | 9,583 | △21,204 | ||||||||||||||||||||||||||||||
Net increase (decrease) in short-term borrowings | △ | 76 | △ | 0 | △ | 0 | △ | 0 | - | △ | 0 | - | △ | 0 | - | - | - | △ | - | ||||||||||||||||
Increase (decrease) in commercial papers | 18,000 | △ | 52,000 | △ | 30,000 | △ | 15,000 | - | △ | 15,000 | - | 10,000 | - | - | - | - | |||||||||||||||||||
Net increase (decrease) in long-term borrowings | 10,881 | 48,322 | 82,207 | 35,314 | - | 36,135 | - | 22,965 | - | - | - | - | |||||||||||||||||||||||
Net increase (decrease) in bonds | 15,000 | 65,000 | △ | - | △ | 30,000 | - | △ | - | - | △ | - | - | - | - | - | |||||||||||||||||||
△ | 6,935 | △ | 8,085 | 9,194 | △ | - | - | - | - | - | - | ||||||||||||||||||||||||
Dividends paid | △ | 10,029 | △ | 5,640 | 11,700 | ||||||||||||||||||||||||||||||
Other | △ | 2,431 | △12,590 | △ | 4,705 | △ | 1,843 | - | △ | 894 | - | △ | 2,843 | - | - | - | - | ||||||||||||||||||
Net cash provided by (used in) financing activities | 34,438 | 48,000 | 38,307 | 32,187 | - | 27,670 | - | 18,421 | - | - | - | 45,000 |
4
【Segment | information (1)】 | ||||||||||||||||||
2018/12 | 2019/12 | 2020/12 | 2021/12 | ||||||||||||||||
(Millions of yen) | full-year | (Millions of yen) | full-year | (Millions of yen) | full-year | (Millions of yen) | full-year | ||||||||||||
Operating revenue | 273,302 | Operating revenue | 323,036 | Operating revenue | 334,980 | Operating revenue | 340,477 | ||||||||||||
Commercial Properties | 108,620 | Commercial Properties | 120,940 | Commercial Properties | 144,554 | Commercial Properties | 155,671 | ||||||||||||
Leasing of buildings, etc | 71,025 | Leasing of buildings, etc | 73,902 | Leasing of buildings, etc | 74,950 | Leasing of buildings, etc | 75,701 | ||||||||||||
Sales of real estate | 1,888 | Sales of real estate | 12,380 | Sales of real estate | 32,860 | Sales of real estate | 43,283 | ||||||||||||
Building management service, etc. | 35,124 | Building management service, etc. | 34,067 | Building management service, etc. | 36,049 | Building management service, etc. | 35,866 | ||||||||||||
Dividends | 582 | Dividends | 590 | Dividends | 695 | Dividends | 820 | ||||||||||||
Residential | 97,703 | Residential | 131,297 | Residential | 99,164 | Residential | 120,585 | ||||||||||||
Sales of condominiums | 72,614 | Sales of condominiums | 98,335 | Sales of condominiums | 64,442 | Sales of condominiums | 71,903 | ||||||||||||
Sales of residential houses | 142 | Sales of residential houses | 61 | Sales of residential houses | - | Sales of residential houses | - | ||||||||||||
Sales of real estate, etc. | 2,925 | Sales of real estate, etc. | 8,149 | Sales of real estate, etc. | 8,842 | Sales of real estate, etc. | 20,585 | ||||||||||||
Residence leasing | 3,830 | Residence leasing | 4,352 | Residence leasing | 5,515 | Residence leasing | 5,896 | ||||||||||||
Fee from sales outsourcing services | 805 | Fee from sales outsourcing services | 1,161 | Fee from sales outsourcing services | 1,082 | Fee from sales outsourcing services | 1,196 | ||||||||||||
Residential management service, etc. | 17,386 | Residential management service, etc. | 19,236 | Residential management service, etc. | 19,281 | Residential management service, etc. | 21,002 | ||||||||||||
Asset service | 42,885 | Asset service | 44,192 | Asset service | 46,666 | Asset service | 42,654 | ||||||||||||
Brokerage | 3,761 | Brokerage | 3,840 | Brokerage | 3,456 | Brokerage | 4,473 | ||||||||||||
Asset solution | 13,619 | Asset solution | 14,389 | Asset solution | 20,096 | Asset solution | 13,746 | ||||||||||||
Management service, etc. | 3,996 | Management service, etc. | 4,202 | Management service, etc. | 4,274 | Management service, etc. | 4,446 | ||||||||||||
Parking business | 21,509 | Parking business | 21,758 | Parking business | 18,839 | Parking business | 19,988 | ||||||||||||
Other | 24,092 | Senior & Child Care business (*3) | 8,490 | Senior & Child Care business (*3) | 29,276 | Overseas (*5) | 11 | ||||||||||||
Leisure business | 14,611 | Other | 18,115 | Overseas (*5) | 83 | Other | 21,554 | ||||||||||||
Senior & Child Care business (*1) | 7,116 | Leisure business | 14,779 | Other | 15,234 | Leisure & Child Care business (*4) | 17,377 | ||||||||||||
Other (*1)(*2) | 2,364 | Fund business (*2) | 3,095 | Leisure business | 11,381 | Fund business | 4,035 | ||||||||||||
Other (*1)(*2) | 241 | Fund business (*2) | 3,768 | Other | 141 | ||||||||||||||
Other (*1)(*2) | 84 | ||||||||||||||||||
Operating profit | 46,765 | Operating profit | 52,410 | Operating profit | 49,631 | Operating profit | 58,784 | ||||||||||||
Commercial Properties | 33,390 | Commercial Properties | 37,095 | Commercial Properties | 40,424 | Commercial Properties | 44,481 | ||||||||||||
Residential | 14,146 | Residential | 15,846 | Residential | 7,194 | Residential | 17,096 | ||||||||||||
Asset service | △ | 6,366 | Asset service | 5,899 | Asset service | 2,686 | Asset service | 4,331 | |||||||||||
180 | 271 | △ | △ | 744 | |||||||||||||||
Other | Senior & Child Care business (*3) | Senior & Child Care business (*3) | 7,652 | Overseas (*5) | |||||||||||||||
Elimination/Corporate | 7,317 | Other | 1,497 | Overseas (*5) | 613 | Other | |||||||||||||
△ | △ | 2,762 | |||||||||||||||||
Eliminations or corporate | 8,200 | Other | 1,849 | Eliminations or corporate | 9,142 | ||||||||||||||
Eliminations or corporate | 9,562 | ||||||||||||||||||
Business profit | △49,847 | ||||||||||||||||||
Business profit | - | Business profit | 51,668 | Business profit | 47,979 | ||||||||||||||
Commercial Properties | - | Commercial Properties | 37,534 | Commercial Properties | 40,865 | Commercial Properties | 44,809 | ||||||||||||
Residential | - | Residential | 15,846 | Residential | 7,194 | Residential | △ | 17,096 | |||||||||||
Asset service | - | Asset service | 5,899 | Asset service | 2,686 | Asset service | 4,331 | ||||||||||||
- | 271 | △ | 11,878 | ||||||||||||||||
Other | Senior & Child Care business (*3) | Senior & Child Care business (*3) | 7,652 | Overseas (*5) | |||||||||||||||
Elimination/Corporate | - | Other | 315 | Overseas (*5) | △ | 838 | Other | 2,762 | |||||||||||
Eliminations or corporate | △ | 8,200 | Other | 1,849 | Eliminations or corporate | △ | 9,142 | ||||||||||||
Eliminations or corporate | 9,562 |
(*1) The child care business has been reclassified from "Other" to "Senior & Child Care business" starting from FY2019. The actual figures for FY2018 are restated under the new classification.
(*2) The fund business has been reclassified from "Other" to "Fund business" starting from FY2020. The actual figures for FY2019 are restated under the new classification.
(*3) In FY2020, the profit of "Senior & Child Care business" exceeded 10% of the total profit of all business segments, so it is classified as a reportable segment. Actual figures for FY2019 have been reclassified to reflect the new classification.
(*4) From FY2021, "Senior & Child Care business" and "Leisure Business" are integrated and disclosed as "Leisure & Child Care business".
(*5) In FY2021, the loss of "Overseas business," which had been included in "Other," exceeded 10% of the total profit of all business segments, so it is classified as a reportable segment. Actual figures for FY2020 have been reclassified to reflect the new classification.
(*6) From FY2022, "Overseas business" has been integrated into "Other".
2022/12 | 2023/12 | |||||||
(Millions of yen) | 1Q | 2Q cumulative | 3Q cumulative | full-year | 1Q | 2Q cumulative | 3Q cumulative | full-year |
forecast | ||||||||
Operating revenue | 121,684 | 215,066 | 268,455 | 349,940 | 118,393 | - | - | 413,000 |
Commercial Properties | 57,673 | 86,836 | 114,675 | 145,155 | 34,420 | - | - | 198,000 |
Leasing of buildings, etc | 18,898 | 38,863 | 57,578 | 76,735 | 18,882 | - | - | 74,500 |
Sales of real estate | 29,387 | 29,387 | 29,387 | 29,812 | 5,770 | - | - | 85,000 |
Building management service, etc. | 9,238 | 18,230 | 27,204 | 37,954 | 8,885 | - | - | 37,500 |
Dividends | 149 | 355 | 505 | 652 | 882 | - | - | 1,000 |
Residential | 43,350 | 89,675 | 99,675 | 131,390 | 63,842 | - | - | 135,000 |
Sales of condominiums | 23,250 | 61,957 | 65,522 | 85,958 | 53,611 | - | - | 83,000 |
Sales of residential houses | - | - | - | - | - | - | - | - |
Sales of real estate, etc. | 12,889 | 14,057 | 14,200 | 17,500 | 1,960 | - | - | 23,500 |
Residence leasing | 1,235 | 2,580 | 3,918 | 5,309 | 1,453 | - | - | 5,500 |
Fee from sales outsourcing services | 765 | 935 | 1,095 | 1,572 | 925 | - | - | 1,500 |
Residential management service, etc. | 5,209 | 10,144 | 14,938 | 21,049 | 5,891 | - | - | 21,500 |
Asset service | 15,810 | 27,604 | 37,048 | 50,240 | 14,251 | - | - | 56,000 |
Brokerage | 1,305 | 2,259 | 3,467 | 4,626 | 848 | - | - | 5,000 |
Asset solution | 8,370 | 12,523 | 14,037 | 19,084 | 6,544 | - | - | 23,000 |
Management service, etc. | 1,150 | 2,319 | 3,434 | 4,554 | 1,186 | - | - | 4,500 |
Parking business | 4,984 | 10,501 | 16,108 | 21,975 | 5,671 | - | - | 23,500 |
Other | 4,849 | 10,949 | 17,054 | 23,154 | 5,879 | - | - | 24,000 |
Leisure & Child Care business(*4) | 3,707 | 8,353 | 13,404 | 18,541 | 4,499 | - | - | 19,300 |
Fund business | 1,110 | 2,532 | 3,556 | 4,484 | 1,346 | - | - | 4,500 |
Other (*6) | 31 | 63 | 94 | 127 | 32 | - | - | 200 |
Operating profit | 25,504 | 48,227 | 55,050 | 64,478 | 27,289 | - | - | 66,000 |
Commercial Properties | 17,079 | 26,221 | 33,527 | 40,910 | 10,102 | - | - | 43,500 |
Residential | 7,641 | 21,280 | 20,962 | 23,304 | 17,840 | - | - | 23,000 |
Asset service | 3,254 | 4,418 | 5,483 | 7,399 | 1,687 | - | - | 8,000 |
Other (*6) | 246 | 1,187 | 2,152 | 2,518 | 503 | - | - | 2,000 |
Eliminations or corporate | △ 2,718 | △ 4,881 | △ 7,074 | △ 9,655 | △ 2,843 | - | - | △ 10,500 |
Business profit | 25,390 | 51,195 | 58,095 | 66,304 | 28,136 | - | - | 71,000 |
Commercial Properties | 17,146 | 26,336 | 33,732 | 41,204 | 10,167 | - | - | 44,500 |
Residential | 7,641 | 21,280 | 20,962 | 23,304 | 17,840 | - | - | 23,000 |
Asset service | 3,254 | 4,418 | 5,483 | 7,399 | 1,687 | - | - | 8,000 |
Other (*6) | 66 | 4,041 | 4,992 | 4,050 | 1,285 | - | - | 6,000 |
Eliminations or corporate | △ 2,718 | △ 4,881 | △ 7,074 | △ 9,655 | △ 2,843 | - | - | △ 10,500 |
5
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Tokyo Tatemono Co. Ltd. published this content on 11 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2023 06:26:05 UTC.