Tokyu Fudosan : Financial Summary FY2020 Third Quarter (First Nine Months) Ended December 31, 2020

3289 Tokyu Fudosan Holdings Corporation

February 8, 2021

Financial Summary

FY2020 Third Quarter (First Nine Months) Ended December 31, 2020

Company name: Stock exchange listing: Securities Code: URL:

Tokyu Fudosan Holdings Corporation Tokyo Stock Exchange 1st Section 3289 https://www.tokyu-fudosan-hd.co.jp/english/index.html

1. Overview of the FY2020 Third Quarter (First Nine Months) Ended December 31, 2020

*All the figures in millions are rounded down and all the figures in billions are rounded off to one decimal place.

(1) Summary of consolidated statement of income						(% indicates year-on-year change.)
	Operating revenue	Operating profit		Ordinary profit	Profit attributable to
		owners of parent
First nine months	(Millions of yen)	(%)		(Millions of yen)		(%)		(Millions of yen)	(%)	(Millions of yen)	(%)
FY2020	592,582	(1.4)			30,051	(32.2)		23,046	(36.3)	10,713	(48.5)
FY2019	601,231	2.9			44,336	(0.4)		36,159	(4.1)	20,796	(12.8)
Note: Comprehensive income:	First nine months of FY2020	¥9,994 million [(61.1)%]
		First nine months of FY2019	¥25,668 million [25.0%]
	Earnings per share		Fully diluted earnings
			per share
First nine months	(Yen)				(Yen)
FY2020		14.90			-
FY2019		28.92			-
(2) Summary of consolidated balance sheet
		Total assets	Total net assets	Equity ratio	Net assets per share
		(Millions of yen)	(Millions of yen)		(%)		(Yen)
As of December 31, 2020	2,688,400			597,848		21.7		809.38
As of March 31, 2020	2,487,369			594,246		23.5		811.04

Reference: Equity: As of December 31, 2020 ¥582,093 million; As of March 31, 2020 ¥583,289 million

2. Dividends

			Annual dividends
	Q1	Q2	Q3	Year-end	Total
FY2019 ended March	(Yen)	(Yen)	(Yen)	(Yen)	(Yen)
-	8.00	-	8.00	16.00
31, 2020
FY2020 ending March	-	8.00	-
31, 2021
FY2020 ending March				8.00	16.00
31, 2021 (Forecast)
Note: Revisions to the forecasts of dividends most recently announced: None

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3. Forecast for Fiscal Year 2020 Ending March 31, 2021

									(% indicates year-on-year change.)
	Operating	Operating		Ordinary	Profit attributable	Earnings
		to owners of
	revenue			profit		profit		per share
					parent
	(Millions	(%)	(Millions	(%)		(Millions	(%)	(Millions	(%)	(Yen)
	of yen)	of yen)			of yen)	of yen)
Full-year forecast	895,000	(7.1)	44,000 (44.5)		34,000	(49.6)	17,000	(56.0)	23.64
Note: Revisions to the forecasts most recently announced: None
Total number of shares issued (common stock)
(a) Total number of shares issued at end of period (including treasury shares)
As of December 31, 2020:		719,830,974 shares
As of March 31, 2020:		719,830,974 shares
(b) Number of treasury shares at end of period
As of December 31, 2020:				642,723 shares
As of March 31, 2020:				641,550 shares

1. Average number of shares (cumulative from the beginning of the fiscal year) Nine months ended December 31, 2020: 719,188,967 shares
   Nine months ended December 31, 2019: 719,027,901 shares

(Note) The Company has a "Director Stock Ownership Plan" for directors etc. of the Company and its subsidiaries, and the shares of the Company held by the Plan's trust account are included in treasury shares.

• Quarterly financial summary reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
• Proper use of forecasts, and other special matters

(Disclaimer)

The forecasts and other forward-looking statements in this report are based on currently available information and certain assumptions determined as rational. Consequently, any statements herein do not constitute assurances regarding actual results by the Company. Actual performance may significantly differ from these forecasts due to various factors in the future.

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