For the second quarter of the 2026 fiscal year, the consolidated results show net sales of 194,415 million yen (YoY -6.9%), operating income of 39,852 million yen (YoY +17.1%), ordinary income of 31,411 million yen (YoY +12.5%), and net income attributable to owners of the parent of 23,364 million yen (YoY +13.7%). Full-year earnings guidance and dividend outlook were revised. Highlights include the impact of new projects and segment-by-segment movements.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8804","jir_company_name":"Tokyu Realty & Building Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/8804-20260806-01.pdf","jir_short_summary":"For the second quarter of the 2026 fiscal year, the consolidated results show net sales of 194,415 million yen (YoY -6.9%), operating income of 39,852 million yen (YoY +17.1%), ordinary income of 31,411 million yen (YoY +12.5%), and net income attributable to owners of the parent of 23,364 million yen (YoY +13.7%). Full-year earnings guidance and dividend outlook were revised. Highlights include the impact of new projects and segment-by-segment movements.","jir_summary":"### Overview of results\nDuring this period, consolidated net sales declined year over year, while operating income, ordinary income, and net income attributable to owners of the parent increased. Segments show solid performance in the Building and Asset Services businesses, while the Housing business saw a decline in sales. Gains were supported by new project acquisitions and improved management of existing assets.\n\n### Outlook and dividends\nFull-year earnings guidance and dividend outlook have been revised and announced. Details can be found in the attached materials. Market conditions going forward may affect results, but monitoring segment trends will be important.","jir_financial_highlights":"Operating Revenue: 194,415\u767e\u4e07\u5186 (\u25b36.9\uff05)\nOperating income: 39,852\u767e\u4e07\u5186 (17.1\uff05)\nOrdinary income: 31,411\u767e\u4e07\u5186 (12.5\uff05)\nNet income attributable to owners of the parent: 23,364\u767e\u4e07\u5186 (13.7\uff05)","jir_category":"","jir_hashtags":"#TokyuRealty, #FinancialResults, #InterimFinancialResults","jir_key_figures":"Operating Revenue: 194,415\u767e\u4e07\u5186\nOperating income: 39,852\u767e\u4e07\u5186\nOrdinary income: 31,411\u767e\u4e07\u5186","jir_meta_title":"\u3010Tokyu Real Estate\u30112026 Fiscal Year Second Quarter Results | Interim Period Performance and Outlook","jir_meta_description":"Summary of Tokyu Real Estate's 2026 fiscal year second quarter results (interim). Highlights of net sales, operating income, and net income, revisions to full-year guidance, and segment trends. Information for institutional investors included.","jir_og_title":"Tokyu Real Estate: Key Points from Q2 Results and Outlook","jir_og_description":"Summary of Tokyu Real Estate's interim results. Revenue declined YoY, while profits increased. Explanations of full-year guidance revisions and segment-by-segment status.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7694,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-97683","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n