Tokyu Fudosan Holdings Corp. · TSE:3289
Tokyu Fudosan — Q3 FY2013 Earnings Presentation
20 slides from Tokyu Fudosan's earnings presentation, February 2014
Slide 1: Financial Highlights FY2013 Third Quarter (First Nine Months)
Financial Highlights FY201 FY20133 Third Quarter (First Nine Months) Ended Dec -31, 201 Dec-31, 20133
Slide 2: Forward-looking statements and company establishment note
The forecasts and other forward-looking statements in this report are based on currently available information and certain assumptions determined as rational. Consequently, the statements herein do not constitute assurances regarding actual results by the Company. Actual performance may significantl
Slide 3: FY2013 Q3 (First Nine Months) Operating Results
FY201 FY20133Q Q33 (First (First Nine Months) Operating Nine Months) Operating Results Results Revenue Revenue and and income income soared soared on on the the briskness briskness in in the the Real-Estate Real-Estate Agents Agents segment. segment. Net Net income income dropped dropped after after
Slide 4: FY2013 Q3 (First Nine Months) Segment performance
FY201 FY20133Q Q33 (First (First Nine Months) Segment Nine Months) Segment performance performance Revenue Revenue and and income income surged surged in in Real Real Estate Estate Sales, Sales, Property Property Management, Management, Facility Facility Operations Operations and and Real Real Estat
Slide 5: Summary of balance sheets as of Dec. 31, 2013
Summary Summary of of balance balance sheets sheets As As of of Dec. Dec. 31, 31, 2013 2013 An An increase increase in in real real estate estate for for sale sale and and fixed fixed assets, assets, the the posting posting of of goodwill goodwill due due to to the the establishment establishment of
Slide 6: FY2013 Forecast (Operating Results)
FY201 FY20133 Forecast Forecast (Operating (Operating Results) Results) Both Both operating operating revenue revenue and and operating operating income income are are expected expected to to rise, rise, primarily primarily due due to to an an increase increase in in sales sales of of condominiums c
Slide 7: FY2013 Forecast (Segment performance)
FY201 FY20133 Forecast Forecast (Segment (Segment performance) performance) Both Both operating operating revenue revenue and and operating operating income income are are expected expected to to rise rise in in segments segments of of Real Real Estate Estate Sales, Sales, Contｒacted Contｒacted Cons
Slide 8: Leasing of Real Estate (1) FY2013 Q3
Leasing Leasing of of Real Real Estate(1)FY201 Estate(1)FY20133Q Q33 (First (First Nine Nine Months) Months) Q3：Decrease Q3：Decrease revenues revenues and and income income FY2013： FY2013： Decrease Decrease revenues revenues and and income income （\ billion） Third Quarter FY2012 FY2013 First Nine Mo
Slide 9: Leasing of Real Estate (2) New projects
Leasing Leasing of of Real Real Estate(2) Estate(2)New New projects projects Floor space※ FY Projects Usage (thousand ㎡) Open DECKS Tokyo Beach (Building with land lease rights) Commercial 69 Sep-13 Minami-Aoyama Leica Building (building with superficies right) Commercial 2 Dec-13 2013 La Porte Shin
Slide 10: Leasing of Real Estate (3) New projects (Shibuya, Omotesando, Aoyama areas)
Leasing Leasing of of Real Real Estate( 3)New Estate(3) New projects projects (Shibuya, (Shibuya, Omotesando, Omotesando, and and Aoyama Aoyama areas) areas) Yoyogi Park e ma em Gai Tokyu Plaza Omotesando Harajuku Opend Apr- Apr-201 2012 Chiyoda Line Me Line iji- Yamanote- jin g um (tentative name)
Slide 11: Leasing of Real Estate (4) Vacancy Rate and Rent
Leasing Leasing of of Real Real Estate( 4)Vacancy Estate(4) Vacancy Rate Rate and and Rent Rent [[Tokyu Tokyu Land Land Corp.] Corp.] As As of of Dec-31, Dec-31, 2013 2013 Vacancy Vacancy rate rate 1.0% 1.0% (Tenants (Tenants actually actually moving moving in in and and out, out, including includin
Slide 12: Real Estate Sales (1) FY2013 Q3
Real Real Estate Estate Sales(1)FY201 Sales(1)FY20133 QQ3 3 (First (First Nine Nine Months) Months) Q3：Increase Q3：Increase revenues revenues and and income income FY2013：Increase FY2013：Increase revenues revenues and and income income (\billion) Third Quarter FY2012 FY2013 Comparison Progress First
Slide 13: Real Estate Sales (2) Outline of condominium plan
Real Real Estate Estate Sales(2)Outline Sales(2) Outline of of condominium condominium plan plan [[Tokyu Tokyu Land Land Corp.] Corp.] *1 Includes block-sale properties *2 Excludes block-sale properties FY FY2012 FY2013 Forecast FY2014 Forecast FY2015 Forecast No. of units sold Total 2,367units Tota
Slide 14: Property Management (1) FY2013 Q3
Property Property Management( 1)FY2013 Q Management(1)FY2013 Q33 (First (First Nine Nine Months) Months) Q3：Increase Q3：Increase revenues revenues and and income income FY2013：Increase FY2013：Increase revenues revenues and and income income (\billion) Third Quarter FY2012 FY2013 Comparison Progress
Slide 15: Property Management (2) Stock of properties
Property Property Management(2) Stock Management(2) Stock of of properties properties [thousand Units] Trend in stock of comprehensive condominium management and facility management in number of units 700,000 700 Facility management 600 600,000 152,359 155,063 156,864 Comprehensive500,000 500 manage
Slide 16: Real Estate Agents (1) FY2013 Q3
Real Real Estate Estate Agents( 1)FY2013 QQ3 Agents(1)FY2013 3 (First (First Nine Nine Months) Months) Q3：Increase Q3：Increase revenues revenues and and income income FY2013：Increase FY2013：Increase revenues revenues and and income income (\billion) Third Quarter FY2012 FY2013 Comparison Progress Fi
Slide 17: Real Estate Agents (2) Performance indicators in sales agency operations
Real Real Estate Estate Agents( 2) Performance Agents(2) Performance indicators indicators in in sales sales agency agency operations operations * The figures presents the values of consolidated indicators of the Tokyu Livable Group. FY2013 Q3 Retail Retail Wholesale Total ・"Livable Safe Agent Guara
Slide 18: Facility Operations (1) FY2013 Q3
Facility Facility Operations (1)FY2013 QQ3 Operations(1)FY2013 3 (First (First Nine Nine Months) Months) Q3：Increase Q3：Increase revenues revenues and and income income FY2013：Increase FY2013：Increase revenues revenues and and Decrease Decrease income income (\billion) Third Quarter FY2012 FY2013 Fi
Slide 19: Facility Operations (2) New Projects
Facility Facility Operations (2) New Operations(2) New Projects Projects Tokyu Harvest Club Atami Izusan＆VIALA (Atami-shi, Shizuoka around five minutes by car from Atami station） Number of guest rooms： 182 (HVC: 125; VIALA: 47) Area of guest rooms： 37 m² to 63 m² (HVC) 50 m² to 120 m² (VIALA) Struct
Slide 20: Other Segments FY2013 Q3
Other Other Segments Segments FY201 FY20133Q Q33 (First (First Nine Nine Months) Months) (\billion) FY2012 FY2013 Comparison Progress Contracted Construction Q3 Oprating revenue 46.1 52.6 6.5 61.5% results Operating income (0.3) (0.6) (0.3) － Oprating revenue 70.1 85.5 15.4 － Full-year* Operating in
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