Tokyu Fudosan Holdings’ April–September net profit falls 37%
Tokyu Fudosan Holdings announced net profit of 33 billion yen for April–September 2026, down 37% from a year earlier, marking its first decline for the period in two years. Sales of condominiums and properties for investors were weak. Revenue fell 8% to 542.5 billion yen, while operating profit declined 14% to 67.6 billion yen. Urban development operating profit dropped 59% to 17.5 billion yen.