Message from the President

Leading the Tokyu Fudosan Holdings Group as a core group company, we create future value by forming communities where people shine

TOKYU LAND CORPORATION is a comprehensive real estate company with operations in Urban Development, Residential, Infrastructure & Industry, Wellness, Overseas Businesses and more. We are a core company of Tokyu Fudosan Holdings Group. Since our founding in 1953, we have sought to create value through novel real estate businesses. Expanding our business domains in line with the changing times and social conditions, we have made progress toward amassing the ideal portfolio. For example, since 2000 we have shifted our primary revenue source from condominiums to offices and commercial facilities. In addition, having entered the real estate securitization business early, we have worked to establish sound corporate health through steady revenues. Our progress to date represents a history of ambition and evolution, and that power to transform with an eye toward the future is part of our DNA.

At present, we are leveraging our development capabilities—which are backed by a proven track record—and taking advantage of our steady earning power, as we develop our businesses to implement the Tokyu Fudosan Holdings Group’s long-term vision, GROUP VISION 2030, and our Medium-Term Management Plan 2030. We will continue working as a unified company to achieve the Group’s aim of realizing a future where anyone can be themselves and shine brightly.

In Shibuya, our home ground, and the surrounding areas, we have set the "Greater Shibuya Area Concept," through which we aim to realize an urban lifestyle unique to Shibuya that blends the three key elements of work, life, and play. In 2024, we completed construction of and opened Tokyu Plaza Harajuku "Harakado" and Shibuya Sakura Stage. Moving forward, in this Greater Shibuya area, we will continue contributing to stronger global competitive advantages by creating future value for communities while collaborating with government agencies and local communities on the three axes of industry training, urban tourism, and upgrading urban foundations.
In addition, we see opportunities in the trends of this era, such as rising inbound demand and changes in industry composition. Fully leveraging the know-how in community planning we have accumulated to date, we conduct development that maximizes local value through the Industry and Resort businesses as we strive to stimulate regional economies and expand the glocal business.*

*Glocal business: A business that pursues co-creation with local communities and creates positive impact (maximizing local value) while identifying tectonic shifts in business environments occurring across the globe.

We have advanced leading environmental initiatives from early on alongside community planning. In particular, we launched the Renewable Energy Business in 2014 and now boast a top-class business scale in Japan with over 100 facilities, including those currently under development. We are promoting the use of renewable energy for the electric power used in-house as well, and, in 2024, the Company was the first operating company in Japan to be certified as RE100. Going forward, we will continue accelerating initiatives that combine environmental and social solutions in each business, such as building a robust value chain in the Renewable Energy Business as well as developing initiatives for environmental harmony and eco-friendly condominiums in the Resort Business.

The transformative power we have cultivated has been underpinned by the ambitious spirit of each employee and the organizational culture fostering that spirit. Looking ahead, we will unite the power of all employees to address increasingly complex and severe social problems. You can count on Tokyu Land Corporation to ceaselessly take on new challenges with the aim of creating new value.

May 2025