Tokyu Fudosan Holdings Corp. · TSE:3289
Tokyu Fudosan — Tokyu Land — Q3 FY2011 Earnings Presentation
12 slides from Tokyu Fudosan's earnings presentation, February 2012
Slide 1: Financial Highlights FY2011 Third Quarter (First Nine Months)
Financial Highlights FY2011 Third Quarter (First Nine Months) Ended Dec -31, 2011 Dec-31, Tokyu Land Corporation
Slide 2: Forward-looking statements notice
The forecasts and other forward-looking statements in this report are based on currently available information and certain assumptions determined as rational. Actual performance may significantly differ from these forecasts due to various factors in the future. 1
Slide 3: FY2011 Q3 (First Nine Months) Operating Results
FY201 FY20111 Q3 Q3 (First (First Nine Months) Operating Nine Months) Operating Results Results Operating Operating revenue revenue and and income income decreased decreased because because ofof aa decline decline in in dividends dividends from from the the sale sale of of buildings buildings by by
Slide 4: FY2011 Q3 (First Nine Months) Segment performance
FY201 FY20111Q Q33 (First (First Nine Months) Segment Nine Months) Segment performance performance Lower Lower condominium condominium sales sales in in the the Real Real Estate Estate Sales Sales segment segment and and decreased decreased dividends dividends from from the the sale sale of of build
Slide 5: Summary of balance sheets
Summary Summary of of balance balance sheets sheets Increase Increase assets assets and and Interest-bearing Interest-bearing debt debt due due to to the the consolidation consolidation of of SPCs. SPCs. （\ billion） FY2010 FY2011 As of Mar-31, As of Dec-31, 2011 2011 Comparison Cash and deposits 42.
Slide 6: Leasing of Real Estate (1)
Leasing Leasing of of Real Real Estate(1)FY201 Estate(1)FY20111 Q3 Q3 (First (First Nine Nine Months) Months) Q3：Decrease Q3：Decrease revenues revenues and and income income FY2011：Decrease FY2011：Decrease revenues revenues and and income income （\ billion） Third Quarter FY2010 FY2011 Comparison Pro
Slide 7: Leasing of Real Estate (2) New projects
Leasing Leasing of of Real Real Estate(2) Estate(2)New New projects projects Floor space Projects (1,000㎡) Open Shibuya Place 4 Aug-09 09 Saclass Totsuka (Subleased) 48 Nov-09 Totsuka Tokyu Plaza （Owned） 71 Apr-10 Kasumigaseki Tokyu Building 19 Nov-10 FutakoTamagawa Rise office （Owned,Share30%） 28 D
Slide 8: Leasing of Real Estate (3) Vacancy Rate and Rent
Leasing Leasing of of Real Real Estate( 3)Vacancy Estate(3) Vacancy Rate Rate and and Rent Rent [Parent [Parent company] company] As As of of Dec-31, Dec-31, 2011 2011 Vacancy Vacancy rate rate 2.9% 2.9% (Tenants (Tenants actually actually moving moving in in and and out, out, including including SP
Slide 9: Real Estate Sales (1)
Real Real Estate Estate Sales(1)FY201 Sales(1)FY20111 QQ3 3 (First (First Nine Nine Months) Months) Q3：Decrease Q3：Decrease revenues revenues and and increase increase income income FY2011：Decrease FY2011：Decrease revenues revenues and and increase increase income income (\billion) Third Quarter FY2
Slide 10: Real Estate Sales (2) Outline of plan, Condominiums
Real Real Estate Estate Sales(2)Outline Sales(2) Outline of of plan plan [Parent [Parent company] company] ※1 Includes block-sale properties ※2 Excludes block-sale properties FY2010 FY2011 Forecast FY2012 Forecast FY2013 Forecast No. of units sold Total 2,637units Total 2,459units － － ※1 ※1 Acquired
Slide 11: Facility Operations FY2011 Q3
Facility Facility Operations Operations FY201 FY20111 Q3 Q3 (First (First Nine Nine Months) Months) Q3：Decrease Q3：Decrease revenues revenues and and increase increase income income FY2011：Increase FY2011：Increase revenues revenues and and Decrease Decrease income income (\billion) Third Quarter FY2
Slide 12: Other Segments FY2011 Q3
Other Other Segments Segments FY201 FY20111 Q3 Q3 (First (First Nine Nine Months) Months) (\billion) FY2010 FY2011 Comparison Progress Contracted Construction Q3 Oprating revenue 41.0 43.8 2.7 65.8% results Operating income (0.7) (0.5) 0.2 - Full-year※ Oprating revenue 61.6 66.5 4.9 - Operating inco