the Company and its consolidated subsidiaries have established Environmental Policy and an "Environmental Vision 2040" and are addressing environmental issues such as climate change, energy use, Water Resources, Biodiversity conservation, resource conservation, and reducing pollutants and waste. In the development and management of Property Portfolio, we also set and implement environmental targets tailored to the characteristics of our business based on these company-wide policies. Furthermore, we work with stakeholders, including tenants, to promote real estate management that takes into consideration environmental issues such as climate change, energy use, water use, and Biodiversity, and work to reduce the environmental impact throughout the entire supply chain of our real estate business.
Furthermore, based on the belief that our entire supply chain must be a responsible activity that contributes to the creation of social and economic value, we ask not only our employees the Company and its consolidated subsidiaries, but also our tenant employees and business partners to consider social issues such as health, safety, and equal opportunity through Sustainable Supply Chain Policy.
As a major initiative led by the Company and its consolidated subsidiaries, we conduct disaster prevention drills for tenant employees at the commercial facilities we operate, and also hold disaster prevention events that involve the local community and tenants. In terms of health considerations, we are working to improve employee break rooms so that employees can get proper rest, and we have installed massage chairs at Tamaplaza Terrace, demonstrating our commitment to the health of tenant employees. Furthermore, in terms of communication with tenants, Tokyu Malls Development Corporation, Ltd. introduced an employee app in 2023 to reduce administrative procedures related to store operations within the facilities, which has been a challenge for store staff shortages, and to create a system that allows stores to concentrate on their operations. In addition, we are ensuring uniform information dissemination and rapid communication through the distribution of training and information sharing.
(1) By fiscal year 2025, switch 100% of the electricity used in our owned rental real estate *1 to electricity derived from effective renewable energy *2.
Our goal of "using 100% renewable energy-derived electricity for all of our rental real estate," which was set for fiscal year 2025, was achieved in fiscal year 2024.
We intend to maintain this going forward.
(2) We aim to achieve 100% environmental certification for our major rental real estate *3 by fiscal year 2026, including "CASBEE real estate" and "DBJ Green Building Certification."
(1) In fiscal year 2024, we will achieve a 100% switch to electricity derived from virtually renewable energy for all of our owned rental real estate.
Major facilities using electricity derived from renewable energy sources (as of June 2025)
| Implementation status | facility |
|---|---|
| Corporate PPA | Tokyu Kabukicho Tower, Shibuya Stream, Minami-Machida Grandberry Park, Shibuya Cast, Tama Plaza Terrace Terrace North Plaza, Chuorinkan Tokyu Square, Shibuya Hikarie, Cerulean Tower, Tokyu Capitol Tower |
| Other renewable energy | Futako Tamagawa Rise (partial introduction), Aoyama Oval Building, Shibuya Bridge, JR Tokyu Meguro Building, etc. |
| Implementation status | facility |
|---|---|
| Other renewable energy | Tama Plaza Terrace, Aobadai Tokyu Square, Gotanda Tokyu Square, Tokyu Square Garden Site, Azamino Sanki Garden, Musashi-kosugi Tokyu Square (partially introduced), etc. |
(2) As of October 2025, 74% of the properties owned have obtained environmental certification in relation to their floor area.
Environmental performance certification status (as of October 2025)
All new DRESSER condominiums that begin construction after January 2023 will be required to implement the following five environmentally friendly initiatives as standard specifications.
In addition, in our housing business, we will be certified as a "ZEH developer" in 2021, and we are already working to promote the spread of carbon-neutral lifestyles by introducing 100% renewable energy for all electricity after delivery at "Dresser Tower Minami-Machida Grandberry Park," scheduled for completion in January 2024, and "Dresser Tower Musashi-kosugi," scheduled for completion in May 2024. Going forward, we will continue to promote sustainable Urban and community development in harmony with the environment through our condominium development.
For our development properties *1 under the rental housing brand "STYLIO" that will begin construction after February 2024, we will develop them with three environmental certifications as standard specifications: "ZEH-M Oriented" before completion of the building, "DBJ Green Building Certification" *2, and "CASBEE real estate" *3 after completion of the building.
| unit | 2023年度 | 2024年度 | As of October 2025 | ||
|---|---|---|---|---|---|
| CASBEE | Number of properties | subject | 5 | 10 | 12 |
| Floor space | m² | 236,905 | 555,143 | 768,113 | |
| Floor area ratio | ％ | 15% | 35% | 49% | |
| LEED | Number of properties | subject | 2 | 2 | 2 |
| Floor space | m² | 337,797 | 337,797 | 337,797 | |
| Floor area ratio | ％ | 21% | 21% | 21% | |
| DBJ Green Building | Number of properties | subject | 0 | 1 | 1 |
| Floor space | m² | 0 | 49,654 | 49,654 | |
| Floor area ratio | ％ | 0% | 3% | 3% | |
| JHEP | Number of properties | subject | 1 | 1 | 1 |
| Floor space | m² | 196,359 | 196,359 | 196,359 | |
| Floor area ratio | ％ | 12% | 12% | 12% |
| Total number of certifications obtained *1 | Number of properties | subject | 8 | 13 | 15 |
| Floor space | m² | 771,062 | 942,595 | 1,155,585 | |
| Floor area ratio | ％ | 48% | 60% | 74% | |
| Total number of target properties *2 | Floor space | m² | 1,594,664 | 1,571,554 | 1,571,554 |
*1 If the same property has multiple certifications, the property will be counted as one to avoid duplication and the total value will be calculated.
*2 The total value of properties with a total floor area of 10,000 m2 or more, calculated based on our equity interest, excluding properties used solely for hotels and residential purposes.
| Property name | certification | Rank |
|---|---|---|
| Futako Tamagawa Rise | LEED ND (Neighborhood development category) | Gold Certified |
| LEED NC (New Buildings) | Gold Certified | |
| JHEP Certification (Biodiversity) | AAA | |
| Minami-machida grandberry park *Commercial facility section | LEED ND (Neighborhood development category) | Gold Certified |
| LEED NC (New Construction) | Gold Certified | |
| Queen's Square Yokohama | CASBEE real estate | S rank |
| Shibuya Scramble Square | CASBEE real estate | S rank |
| Shibuya Hikarie | CASBEE real estate | S rank |
| Shibuya Cast | CASBEE real estate | S rank |
| JR Tokyu Meguro Building | CASBEE real estate | S rank |
| Aoyama Oval Building | CASBEE real estate | S rank |
| Shibuya AXSH | CASBEE Wellness Office | S rank |
| ZEB Oriented | ||
| ZEB Ready | ||
| Kamata Tokyu Building | CASBEE real estate | A rank |
| Carrot Tower | CASBEE real estate | A rank |
| Tokyu Shibuya Station Building (commercial) | CASBEE real estate | A rank |
| Machida Terminal Plaza | CASBEE real estate | A rank |
| Shibuya Mark City | DBJ GREEN BUILDING | ★★★★ |
| Tokyu Hiyoshi Station Building | CASBEE real estate | A rank |
| Tokyu Kabukicho Tower | BELS Certification | ★★★★ |
| Dresse Saginuma Residence | ZEH Oriented | |
| Dresse Azamino Grand Court | ZEH Oriented | |
| Dresse Shin-Yokohama | ZEH Oriented | |
| Stylio Kamata II | DBJ Green Building Certification | ★★★★ |
| CASBEE real estate | ||
| Stylio Kamata II Ikegami WeLL | DBJ Green Building Certification | ★★★ |
| Stylio Shin-Maruko Ekimae | ZEH-M Oriented | |
| Stylio Ikegami SOUTH | ZEH-M Oriented |
Our company has included green lease clauses in our lease agreement templates.
We work together with our tenants to promote measures such as complying with energy conservation and environment-related laws and regulations and reducing waste.
A centralized meter reading system has been installed in the properties listed below that we manage, allowing us to remotely monitor the amounts of energy used within the facilities, including electricity, water, and heat.
Installed properties: JR Tokyu Meguro Building, Korinbo Daiichi Kaihatsu Building, Tokyu Capitol Tower, Cerulean Tower, Shibuya Stream, Tokyu Kabukicho Tower, Tokyu Hakata Building, Shibuya Hikarie, Nakameguro Kangyo Building, Tama Plaza Terrace, Aobadai Tokyu Square, Musashi-kosugi Tokyu Square, Minami-Machida Grandberry Park, Futako Tamagawa Rise, Shibuya Scramble Square
We have introduced BEMS in the properties listed below that we manage, which allows us to centrally monitor energy usage and the operation status of facility equipment, develop and execute optimal operation plans, and minimize energy consumption through detailed monitoring and control.
We will continue to introduce BEMS to our managed properties, visualize the operating power of equipment in graphs, and use this information to manage operations and eliminate energy waste.
Installed properties: Tokyu Capitol Tower, Cerulean Tower, Shibuya Stream, Tokyu Kabukicho Tower, Nagoya Tokyu Hotel, Aobadai Tokyu Square, Minami-machida grandberry park, Futako Tamagawa Rise, Shibuya Scramble Square
Environmental data on the real estate business of the Company and its consolidated subsidiaries is disclosed on the following page.
For over 100 years since our founding, we have inherited the DNA of "addressing social issues through Urban and community development and providing new value," and have driven our business forward by focusing on the development of railway lines and hubs, as well as the expansion of transportation networks. Recently, demographic changes and advances in technology have led to changes in consumption, travel, and other behavioral patterns. There is also growing interest in environmental issues and new social challenges, such as natural disasters, resource and energy shortages, and infectious diseases.
When redeveloping towns, we recognize the importance of promoting Urban and community development that adapts to new social needs, such as measures to address aging buildings, strengthening disaster prevention and resilience, reorganizing infrastructure, and improving public spaces. We will carry out redevelopment in line with the characteristics of each area. (Or, "We are formulating a redevelopment policy.")
In the redevelopment of Shibuya, we are continuing the previously established "Greater SHIBUYA 1.0" while further evolving and deepening it into our new strategy "Greater SHIBUYA 2.0." We have formulated four basic policies that strengthen the two visions of Greater SHIBUYA 1.0, and are promoting initiatives in the areas of "work," "play," "life," "digital," and "sustainability" to propose urban life that makes the most of Shibuya's unique charms, and are promoting specific measures to make Shibuya an even more attractive city.
In the area around Shibuya Station and the greater Shibuya area, we have formulated the Shibuya Urban and community development strategy "Greater SHIBUYA 2.0," aiming to create a sustainable city that combines work, play, and living, by providing social value unique to Tokyu Group, and are promoting redevelopment of the greater Shibuya area.
Tokyu Group has set two visions for the city: "Entertainment City SHIBUYA" and the "Greater Shibuya Concept" (hereinafter referred to as "Greater SHIBUYA 1.0"), and has worked with stakeholders in a variety of fields to solve issues facing the city and increase its value, including redevelopment projects around Shibuya Station, the "Shibuya Station Area Management" initiative organized by a public-private partnership, and participation and cooperation in local events.
While continuing "Greater SHIBUYA 1.0," the new strategy "Greater SHIBUYA 2.0" further evolves and deepens the concept. It combines the three elements of "work," "play," and "life," and works on the foundations of these elements, "digital" and "sustainable," to create synergy. By organically connecting these elements, the aim is to realize a "Shibuya-style urban lifestyle" where people can enjoy a fun and comfortable life in Shibuya. In particular, with regard to the three elements of "work," "play," and "life," in an age where people can live their lives without being restricted by time or place, the keywords "work = Flexible," "play = Touchable," and "life = Switchable" have been established, and various initiatives are being promoted to enable people to make the choices that are unique to Shibuya.
In accordance with the "Act on Promotion of Smooth Mobility for Elderly People, Persons with Disabilities, etc." (Barrier-Free Act), we conduct disability access assessments for all real estate properties owned and managed by our company, taking into account the size, purpose, and users of the building, and based on the results, we take appropriate measures as needed, such as installing ramps, elevators, and barrier-free toilets, and ensuring the necessary width of corridors.In addition, by considering connections to public transportation at the design and development stages, we aim to create facilities that are easy to use for all customers, including the elderly and persons with disabilities, as well as local residents.
In railway business, we have completed the installation of barrier-free routes at all 99 stations. We are actively working to further strengthen barrier-free access, aiming to make railway more user-friendly for all customers.