Tokyu Fudosan Holdings Corporation (3289) Stock Price

Tokyu Real Estate Holdings operates four main business segments. In urban development, Tokyu Real Estate Corporation develops, leases, operates, and sells office buildings and commercial facilities. It also develops, sells, and leases condominiums and rental housing. Some management and operations are outsourced to Tokyu Community Corporation and Tokyu Real Estate SC Management Corporation.

In strategic investment, the company develops, leases, operates, and sells renewable energy generation facilities and logistics facilities. Renewable Japan Corporation manages some of the renewable energy facilities. Additionally, Tokyu Real Estate Capital Management Corporation structures and operates private real estate funds, while Tokyu Real Estate REIT Management Corporation manages real estate investment trusts.

In property management operations, Tokyu Community Corporation provides comprehensive management services for condominiums and buildings. Tokyu Real Estate Corporation sells membership-based resort hotels, with Tokyu Resort Corporation serving as sales agent. The company also operates hotels, golf courses, and ski resorts, with operations delegated to Tokyu Resorts & Stay Corporation.

In real estate distribution, Tokyu Livable Corporation handles real estate brokerage, sales agency, and buy-and-resell operations. Tokyu Housing Lease Corporation and Student Information Center Corporation manage and operate rental housing and student dormitories. Additionally, Tokyu Livable Corporation undertakes sales agency duties for condominiums and detached houses sold by Tokyu Corporation.

Tokyu Real Estate Holdings is guided by its long-term vision "GROUP VISION 2030," which articulates ideals for individuals, society, and the environment. The company has established four strategic initiatives to pursue diverse lifestyles, wellbeing-focused urban development, sustainable environmental practices, and value creation in the digital age.

Beginning in fiscal 2025, the company will launch its "Medium-Term Management Plan 2030," focusing on building a robust and distinctive business portfolio. This plan aims to achieve further profit growth while improving operational efficiency and resilience.

Under the previous medium-term plan, the company divested or sold underperforming businesses and concentrated on renewable energy operations. This resulted in profit growth exceeding targets and achieved financial goals ahead of schedule. Going forward, the company will maintain a business portfolio with competitive advantages and growth potential.

The "Medium-Term Management Plan 2030" addresses three priority themes to respond to changing social needs and expand market opportunities. This approach will establish a robust and distinctive business portfolio while targeting high growth rates and enhanced risk resilience.

For fiscal 2030, the company targets ROE of 10%, ROA of 5%, and operating profit of 220 billion yen or more. As a financial health indicator, the company aims for a D/E ratio of 1.8x or below to build a sustainable growth foundation. These measures will enhance corporate value.