For Shareholders and Investors

For Shareholders and Investors

In the fiscal year ended March 2024, the Tokyu Construction Group posted net sales of 285.6 billion yen, operating income of 8.1 billion yen, ordinary income of 9.7 billion yen, and profit attributable to owners of the parent of 7.2 billion yen. With steady progress in the construction backlog, net sales were almost even with the previous year, while profits were higher due to improved profitability in the domestic construction business.
In business environment surrounding Tokyu Construction, construction demand in various public and private sectors remains strong. However, the Company faces pressing issues such as a decline in the number of skilled workers, high raw material prices, and a cap on overtime work in the construction industry, which came into force in April 2024.
Amid this environment, the Group has been undertaking initiatives in its 10-year long-term management plan, "To zero, from zero" since 2021, with the aim of achieving its vision for 2030. This long-term plan involves rolling plans to respond flexibly to the business environment each year.
The rolling plan announced in May 2024 emphasizes strengthening human capital investment in particular and adapting to the challenging changes in the construction industry's business environment. As a result, profits for the next three years are expected to be below the original plan. That said, this will enable the Company to build a robust human resource infrastructure to ensure that the 2030 targets are achieved.
In line with our corporate philosophy of "We fulfill dreams through the creation of reassuring and comfortable living environments," we will continue to work to achieve both social and economic value as well as to ensure sustainable growth and enhance our corporate value.

Moving forward, we look forward to your continued support.