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

Consolidated financial forecasts for the fiscal year ending March 31, 2024 include operating revenue of ¥1,041,400 million (up 11.8% year on year) and operating profit of ¥90,000 million (up 101.8% year on year). This is in line with expectations for a continued recovery in the number of customers in the Transportation Business and the Hotel and Resort Business as domestic economic activities normalize, as well as on account of revisions to passenger fares at Tokyu Railways, despite ongoing uncertainties such as soaring energy prices and the risk of interest rate hikes. Recurring profit is expected to be ¥93,800 million (up 98.0% year on year) and profit attributable to owners of parent is projected to be ¥60,000 million (up 122.2% year on year).

Tokyu Corporation continue stable dividend payments and aim for a dividend ratio of 30％ or more in the medium to long term, with an awareness of the total return ratio. For FY2023, we plan to pay an annual dividend of 17.5 yen per share based on this concept. We also repurchased approximately 30 billion yen worth of treasury stock, or 16,524,300 shares, in June 2023.