Tokyu Fudosan Holdings Corp. · TSE:3289
Tokyu Fudosan — Tokyu Land — Q1 FY2011 Earnings Presentation
17 slides from Tokyu Fudosan's earnings presentation, August 2011
Slide 1: Financial Highlights FY2011 First Quarter
Financial Highlights FY2011 First Quarter (First Three Months) Ended June -30, 2011 June-30, 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 Q1 Operating Results
FY201 FY20111 Q1 Q1 (First (First Three Months) Operating Three Months) Operating Results Results Operating Operating revenue revenue increased increased slightly, slightly, but but operating operating income income decreased, decreased, reflecting reflecting aa fall fall in in sales sales of of con
Slide 4: FY2011 Q1 Segment performance
FY201 FY20111 Q1 Q1 (First (First Three Months) Segment Three Months) Segment performance performance Both Both revenues revenues and and income income decreased decreased inin the the Real Real Estate Estate Sales Sales segment, segment, given given aa decrease decrease in in sales sales of of cond
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 Jun-30, 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 Q1 Q1 (First (First Three Three Months) Months) Q1：Increase Q1：Increase revenues revenues and and income income FY2011：Decrease FY2011：Decrease revenues revenues and and income income （\ billion） First Quarter FY2010 FY2011 Comparison P
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) New projects
Leasing Leasing of of Real Real Estate( 3)New Estate(3) New projects projects (Office (Office building ・SC) building・SC) ① ② ③ ④ ⑤ ① Ikebukuro Higashiguchi Project About 5,000㎡ ,000㎡ Open FY20 FY20111 ② Minamiaoyama 3-1 Project About 8,000㎡ 8,000㎡ Open FY2012 ③ Meguro 1- 1-chome Project About 22,000
Slide 9: 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 [Parent [Parent company] company] As As of of June-30, June-30, 2011 2011 Vacancy Vacancy rate rate 1.8% 1.8% (Tenants (Tenants actually actually moving moving in in and and out, out, including including
Slide 10: Leasing of Real Estate (5) Distribution of Office Buildings
Leasing Leasing of of Real Real Estate( 5)Distribution Estate(5) Distribution of of Office Office Buildings Buildings Office Office Buildings Buildings :: As As of of Mar-31, Mar-31, 2011 2011 Floor Floor space space 591 591 thousand thousand ㎡, ㎡, Total Total of of 72 72 buildings buildings ［Area]
Slide 11: Real Estate Sales (1)
Real Real Estate Estate Sales(1)FY201 Sales(1)FY20111 Q1 Q1 (First (First Three Three Months) Months) Q1：Decrease Q1：Decrease revenues revenues and and income income FY2011：Decrease FY2011：Decrease revenues revenues and and increase increase income income (\billion) First Quarter FY2010 FY2011 Compa
Slide 12: Real Estate Sales (2) Outline of plan
Real Real Estate Estate Sales(2) Sales(2)Outline Outline of of plan plan [Parent [Parent company] company] ※1 Includes block-sale properties ※2 Excludes block-sale properties FY2009 FY2010 FY2011 Forecast FY2012 Forecast No. of units sold Total 2,189units Total 2,637units Total 2,417units － ※1 ※1 Re
Slide 13: Real Estate Sales (3) Condominium Units Sold and Other Data
Real Real Estate Estate Sales(3) Sales(3) Changes Changes inin the the Recorded Recorded Number Number of of Condominium Condominium Units Units Sold Sold and and Other Data Other Data [Parent [Parent company] company] Changes in condominium sales, the recorded number of condominium units sold, and
Slide 14: Real Estate Sales (4) New supply
Real Real Estate Estate Sales(4)New Sales(4) New supply supply WATERRAS TOWER RESIDENCE Exlus Tower Musashi-Kosugi CROSS AIR TOWER （Chiyoda-ku） （Kawasaki-shi, Kanagawa） （Meguro-ku） Complete Mar-2013 Total 333 units Share 20％ Complete Mar-2013 Total 326 units Share 29% Complete Feb-2013 Total 689 uni
Slide 15: Facility Operations (1)
Facility Facility Operations(1)FY201 Operations(1)FY20111 Q1 Q1 (First (First Three Three Months) Months) Q1：Decrease Q1：Decrease revenues revenues and and income income FY2011：Increase FY2011：Increase revenues revenues and and Decrease Decrease income income (\billion) First Quarter FY2010 FY2011 C
Slide 16: Facility Operations (2) New Projects
Facility Facility Operations( 2)New Operations(2) New Projects Projects [ ]No. of total rooms Harvest Harvest Club Club Atami Atami Izusan＆VIALA Izusan＆VIALA Commencement Commencement of of supply supply ：July, ：July, 2011 2011 Image of the viewing deck Image of the external appearance of the buildi
Slide 17: Other Segments
Other Other Segments Segments FY201 FY20111 Q1 Q1 (First (First Three Three Months) Months) (\billion) First Quarter FY2010 FY2011 Comparison Progress First Three Months Q1(Apr-Jun) Q1(Apr-Jun) Contracted Construction Oprating revenue 9.4 9.4 0.0 14.1% Operating income (1.0) (1.2) (0.2) － Retail Sal