Tokyu Fudosan : Financial Highlights FY2022 Ended September 30, 2022 Presentation Material (and Explanations)

Please allow us to present financial highlights. For our business performance in the Second Quarter, operating profit came to 45.9 billion yen, and profit attributable to owners of parent to 26.9 billion yen. The primary factors behind this increase in profit over the same quarter last year was an increase in the number of condominium units sold and the strong performance of our real estate brokerage. Operating revenue, operating profit, ordinary profit and profit attributable to owners of parent were all the highest on record for Second Quarter financial results. For the full year ending March 31, 2023, we are revising our forecast upwards to operating profit of 95.0 billion yen and profit attributable to owners of parent of 39.0 billion yen. Relative to our initial forecast that we announced in May, we are anticipating factors such as the strong performance of our real estate agents business and an increase in the number of condominium units sold. Additionally, in line with the upwards revision of our business performance forecast, from the standpoint of enhancing shareholder value, we have revised our full-year dividend forecast upwards to 19.0 yen, an increase of 2.0 yen over the previous fiscal year and 1.0 yen over our initial forecast. Lastly, we will go over business portfolio management. In July, we made the decision to transfer four golf courses and one ski resorts. We will continue to promote business portfolio management whose main focus is on improving efficiency and aim to enhance shareholder and corporate value primarily for our leisure, healthcare and commercial facilities businesses, which we have positioned as businesses that require radical restructuring.