ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Finance

Tokyu Fudosan Holdings Corp.

Business Summary

Tokyu Fudosan Holdings Corp. engages in the management and administration of its group companies. It operates through the following segments: Urban Development, Residential, Property Management, Real Estate Agents, Wellness, Tokyu Hands, and Business Innovation and Others. The Urban Development segment covers the development, leasing, and facility operation of office buildings, commercial facilities, renewable energy power generation facilities, logistics facilities, and other properties. It also handles real estate private placement funds and real estate investment trusts. The Residential segment sells condominiums and detached houses. The Property Management segment handles the general management and repair work services for condominiums and buildings. The Real Estate Agents segment deals with real estate brokerage and sales agency as well as purchase and resale business. The Wellness segment manages the sale and operation of membership resort hotels, golf courses, ski resorts, urban hotels, fitness clubs, and senior housing. The Tokyu Hands segment retails materials and products related to housing and handicrafts. The Business Innovation and Others segment handles overseas business; construction contracts for custom-built houses and renovations, including extensions and reconstructions; landscape gardening; and corporate welfare operations. The company was founded on October 1, 2013 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue907,735M8,558.90M
Gross Profit164,795M1,553.82M
Operating income56,518M532.90M
Income before tax41,840M394.50M
Net income21,668M204.30M
EBITDA101,657M958.50M
Diluted EPS30.120.28
Dividends Per Share160.15
Total Assets2,652.29B24,002.67M
Total liabilities2,043.56B18,493.82M
Total equity596,673M5,399.75M
Operating cash flow100,411M946.76M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 808,503M 866,126M 901,884M 963,198M 907,735M
Gross Profit 173,008M 182,476M 193,449M 201,706M 164,795M
Operating income 73,227M 77,520M 80,206M 79,313M 56,518M
Income before tax 45,860M 59,409M 61,218M 63,001M 41,840M
Net income 31,518M 35,185M 37,458M 38,611M 21,668M
EBITDA 101,667M 106,074M 110,194M 117,079M 101,657M
Diluted EPS 51.77 57.79 56.83 53.69 30.12
Dividends Per Share 13 14.50 15.50 16 16
Total Assets 2,067.15B 2,173.22B 2,405.24B 2,487.36B 2,652.29B
Total liabilities 1,620.84B 1,697.88B 1,836.55B 1,893.11B 2,043.56B
Total equity 442,320M 468,141M 561,406M 583,290M 596,673M
Operating cash flow 68,925M 12,265M 44,522M -6,660M 100,411M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 7,466.26M 7,814.73M 8,132.79M 8,858.96M 8,558.90M
Gross Profit 1,597.67M 1,646.41M 1,744.43M 1,855.18M 1,553.82M
Operating income 676.22M 699.43M 723.26M 729.47M 532.90M
Income before tax 423.50M 536.02M 552.03M 579.44M 394.50M
Net income 291.05M 317.46M 337.77M 355.12M 204.30M
EBITDA 938.86M 957.06M 993.68M 1,076.82M 958.50M
Diluted EPS 0.47 0.52 0.51 0.49 0.28
Dividends Per Share 0.12 0.13 0.13 0.14 0.15
Total Assets 18,551.12M 20,434.64M 21,730.57M 23,040.79M 24,002.67M
Total liabilities 14,545.82M 15,965.06M 16,592.64M 17,536.18M 18,493.82M
Total equity 3,969.48M 4,401.88M 5,072.10M 5,403.08M 5,399.75M
Operating cash flow 636.50M 110.66M 401.48M -61.25M 946.76M

Valuation Measures

Mar 2021
PER21.74
ROA0.84%
ROE3.67%
Operating margin6.22%
Profit margin2.38%

Key executives

  • President & Representative Director: Hironori Nishikawa
  • Representative Director & Executive Vice President: Hitoshi Uemura
  • Director & Executive Officer: Katsuhide Saiga
  • Director & Executive Officer: Masashi Okada
  • Director & Executive Officer: Yoichi Ohta

Shareholders

  • Tokyu Corp. (15.8%)
  • Aberdeen Standard Investments (Japan) Ltd. (5.2%)
  • Nomura Asset Management Co., Ltd. (4.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.7%)
  • The Vanguard Group, Inc. (2.4%)
  • Sumitomo Mitsui Trust Holdings, Inc. (2.2%)
  • Dai-ichi Life Holdings, Inc. (2.0%)
  • Nikko Asset Management Co., Ltd. (1.9%)
  • Daiwa Asset Management Co. Ltd. (1.8%)
  • Standard Life Assurance Managed Pension Fund (1.6%)

Contact Details

Related Companies

  • TFHD Open Innovation Program
  • Tokyu Fudosan Holdings Board Incentive Plan
  • TLC Steadfast Nob Hill LLC
  • Kyu Karuizawa Hotel
  • National Students Information Center Group KK
  • Tokyu Livable, Inc.
  • Tokyu Community Corp.
  • Tokyu Land Corporation

Competitors

  • Mitsui Fudosan Co., Ltd.
  • Open House Co., Ltd.
Last Updated on 22 Jun, 2021

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends January 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more