Forecasts for FY2024

All statements contained in this site other than historical facts are forward-looking statements that reflect the judgements of the management of Tokyu Corporation based on information currently available. Actual results may differ materially from the statements.

Consolidated Financial Forecast [as of November 8, 2024]

For the fiscal year ending March 31, 2025, although we expect a decrease in the number of condominiums delivered in the real estate business and an increase in personnel expenses in each business, we forecast Operating Revenue of 1,065.0 billion yen (+2.6% YoY) and Operating Profit of 101.0 billion yen (+6.4%YoY), reflecting an increase in the number of passengers in the transportation business, lifestyle service business and hotel and resort business, due to recovery in demand for travel and expansion of inbound demand, among others. 

Recurring Profit is projected to be 104.4 billion yen (+5.1% YoY), and net income attributable to Profit attributable to owners of parent is projected to be 74.0 billion yen (+16.1% YoY).

Operating Income by Segment Forecast [as of November 8, 2024]

Shareholder Returns [as of November 8, 2024]

Our company's basic policy for shareholder returns is to maintain stable dividends and aim for a sustainable increase in dividends in line with profit growth.
Based on this policy, we plan to pay an annual dividend of 23 yen per share for FY2024.

In addition, on November 8, 2024, the Company announced that it will repurchase up to 24 million shares of its own stock at a cost of 40 billion yen for fiscal 2024. 

FY ended March 31,2024

FY ending March 31, 2025

(forecast)

Dividend per share – annual (¥)

17.50

23.00