Tokyu Fudosan Holdings Corporation

3289・Prime Market・Real Estate

Official website

Tokyu Fudosan Holdings Corporation

3289・Prime Market・Real Estate

Official website

Tokyu Fudosan Holdings Corporation3289

Reference Indicators

Market Cap

9,693¥100M

P/E (Forecast)

9.6x

P/B

1.1x

Dividend Yield (Forecast)

3.71%

ROE

11.2%

EV/EBITDA

10.8x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	989,049	1,005,836	1,103,047	1,150,301	1,246,048
Gross Profit	193,903	197,151	216,034	245,317	285,492
SG&A Expenses	110,085	86,740	95,795	104,553	118,609
Operating Income	83,817	110,410	120,238	140,763	166,882
Non-operating Income	3,284	2,637	4,057	5,208	5,664
Non-operating Expenses	14,268	13,489	13,904	16,819	24,743
Ordinary Income	72,834	99,558	110,391	129,152	147,803
Extraordinary Income	7,058	1,862	483	6,261	9,781
Extraordinary Losses	24,017	31,270	7,888	13,083	10,451
Pre-tax Income	55,874	70,151	102,987	122,330	147,134
Income Taxes	19,892	21,835	33,480	43,938	48,711
Net Income	35,133	48,227	68,545	77,562	96,697
EBITDA	132,536	160,159	169,915	196,552	240,688
Gross Margin	19.6%	19.6%	19.6%	21.3%	22.9%
Operating Margin	8.5%	11.0%	10.9%	12.2%	13.4%
ROA	1.3%	1.8%	2.3%	2.4%	2.8%
ROE	5.7%	7.3%	9.6%	9.9%	11.2%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
都市開発	397,351	75,235	18.9%
戦略投資	141,303	13,242	9.4%
管理運営	350,587	27,178	7.8%
不動産流通	356,804	64,378	18.0%