Tokyu Fudosan Reports Mixed Q1 Results; Stable Dividends

Tokyu Fudosan Reports Mixed Q1 Results; Stable Dividends

Tokyu Fudosan Holdings (JP:3289) has released an update.

Tokyu Fudosan Holdings Corporation reported a 5.6% increase in operating revenue to ¥267.2 billion in the first quarter of FY2024, despite declines in operating, ordinary, and net profits. The company’s total assets decreased slightly from March to June 2024, but total net assets and equity ratio improved. Dividend forecasts for FY2024 remain stable at ¥32.00 per share, with no revisions to previous forecasts.

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