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Creating new value and inspira - toseicorp.co.jpCreating new value and inspira In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their

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Page 1: Creating new value and inspira - toseicorp.co.jpCreating new value and inspira In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their
Page 2: Creating new value and inspira - toseicorp.co.jpCreating new value and inspira In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their

C r e a t i n g n e w v a l u e a n d i n s p i r a

In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their design,

convenience and security, and introduces environment-friendly features, based on “value-up plans” that reflect local

characteristics and tenant needs. The revitalized properties are sold to a range of investors. For end users, we also oper-

ate a Restyling Business in which we acquire and refurbish entire rental condominium buildings and sell the individual

units. Tosei Revival Investment Co., Ltd. also acquires properties through mergers and acquisitions.

In the Development Business, Tosei examines the characteristics of acquired land and determines the use that will maxi-

mize its value, choosing from a diverse product lineup that includes office buildings, commercial facilities, condominiums

and detached houses. We then develop and sell the properties. Tosei has its own first-class architectural office to ensure

craftsmanship and quality. In recent years, we have also focused on developing eco-friendly properties.

Development Business

Revitalization Business

Page 3: Creating new value and inspira - toseicorp.co.jpCreating new value and inspira In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their

t i o n i n a l l a s p e c t s o f r e a l e s t a t e

The Rental Business provides a stable income stream through leasing of office buildings, condominiums, stores, car

parks and other Group-owned properties, in the greater Tokyo area. We maintain and improve the value of these proper-

ties through our comprehensive operations that make full use of the Group’s unique expertise.Rental Business

In our Fund and Consulting Business, Tosei Asset Advisors, Inc. provides asset management services for real estate funds

and manages the assets of Tosei Reit Investment Corporation. The services include the acquisition and disposition of

properties tailored to investor needs, raising the occupancy rates of rental condominium buildings, and giving other kinds

of advice. Tosei also provides consultancy and intermediary services for corporates.

Fund and Consulting Business

Operated by Tosei Community Co., Ltd., the Property Management Business offers comprehensive property management

services including building and facility management, cleaning, renovation and tenant leasing operations. Managed proper-

ties have been expanding from buildings and condominiums to hotels, commercial and logistics facilities, and schools as a

result of offering services that maximize cash flows and increase asset value.

Property Management

Business

Page 4: Creating new value and inspira - toseicorp.co.jpCreating new value and inspira In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their

M e s s a g e

The Tosei Group maintains

its core real estate

operations while pursuing

unlimited growth

opportunities in new areas.

Under the corporate philosophy, “To create new value and inspiration

in all aspects of real estate we as a global-minded group of seasoned

professionals”, work to contribute to society and increase corporate

value by developing real estate and restoring its value with a view of 10

to 20 years in the future and a constant commitment to monozukuri,

the Japanese tradition of always producing things with a true crafts-

man’s mindset.

As people’s lifestyles and values change over time, the types of real

estate that they require are diversifying. Moreover, the real estate finance

market has recently been globalizing at a striking pace. Consequently,

real estate financing now needs world-class management.

In this environment, the Tosei Group is determined to exert the com-

prehensive strength and synergy of its five main businesses and to drive

its entry into the global market.

The Tosei Group will continue to develop its operations with

commitment and integrity. Having established a corporate brand that

inspires trust, we aim to become a close and indispensable part of

people’s lives and businesses.

We look forward to your continuing support.

President and CEO

[Mission]

[Management Principles]

• Continue developing seasoned, true professionals based on people-centered management.

• Face risks with entrepreneurial drive and inspire continual innovation by breaking through the boundaries of convention.

• Optimize investments through portfolio management that integrates real estate and finance.

• Remain committed to quality, seek value globally and expand our network of cooperation.

• Maintain fair business practices while pursuing world-class management quality.

[Action Principles]

• Ceaselessly sharpen professional attitudes, knowledge and skills.

• Think and collaborate to become a learning organization.

• Stay true to our word, make clear decisions, and act speedily.

• Create an enjoyable, positive corporate culture through mutual respect and teamwork.

The Tosei Group’sCorporate Philosophy

Create new value and inspiration in all aspects of real estate

as a global-minded group of seasoned professionals.

Page 5: Creating new value and inspira - toseicorp.co.jpCreating new value and inspira In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their

H i s t o r y

1950 Established as Yukari Kogyo Co., Ltd.

1983 Company name changed to Tosei Building Co., Ltd.

1994 Seiichiro Yamaguchi appointed as President and CEO

Initiated residential condominium development (THE Palms Series)

1996 Company name changed to Tosei Fudosan Co., Ltd.

Initiated Revitalization Business

1999 Initiated detached house development (THE Palms Court Series)

2001 Acquired First-class Architect’s Office License (Tokyo Governor’s Registration No. 46219)

2002 Structured first private real estate investment trust fund, the Argo Fund, targeting rental condominiums (commencement of real estate securitization business)

2004 Acquired ISO9001 certification (Architecture Planning Department)

2005 Registered as a Securities Investment Adviser

Established the subsidiary Tosei Revival Investment Co., Ltd. to conduct corporate and business turnarounds

Made Tosei Community Co., Ltd. a consolidated subsidiary

Registered as a dealer of Investment Trust Beneficiary Rights

Established the subsidiary Tosei REIT Advisors, Inc. (Current name: Tosei Asset Advisors, Inc.)

2006 Company name changed to Tosei Corporation

Moved headquarters to Minato Ward, Tokyo

2007 Pre-registered as a Financial Instrument Business Operator engaged in the Investment Advisory and Agency Business or Type 2 Financial Instruments Business in accordance with Financial Instruments and Exchange Law

2009 Initiated Restyling Business for condominiums

2011

2012 Established the subsidiary Tosei Singapore Pte. Ltd.

2013 Adopted International Financial Reporting Standards (IFRS)

2014

2015 Urban Home Corporation has become a Group company through a merger and acquisition

2016 Established the subsidiary Tosei Hotel Management Co., Ltd.

Listed on JASDAQ

Securities Exchange

Listed on Second Section

of Tokyo Stock Exchange

Listed on First Section

of Tokyo Stock Exchange

Listed on Main Board of

Singapore Exchange

Tosei Reit Investment Corporation, which

contracts out the management of its

assets to Tosei Asset Advisors, Inc., a con-

solidated subsidiary of Tosei Corporation,

listed shares on Tokyo Stock Exchange

Page 6: Creating new value and inspira - toseicorp.co.jpCreating new value and inspira In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their

1.6%

5.7%

2.1%1.8%

60.4%

15.4%

9.9%

8.3%

50.3%

6.4%

21.7%

17.7%

■ Revitalization Business ■ Development Business ■ Rental Business

■ Fund and Consulting Business ■ Property Management Business ■ Other

F i n a n c i a l R e s u l t s

Percentage of revenue by business segment (FY2015)

2011 2012 2013 2014 2015

(Millions of yen)

2011 2012 2013 2014 2015

(Millions of yen)

0

10,000

20,000

30,000

40,000

50,000

60,000

24,75924,759 24,19524,195

35,07035,070

49,98149,981

43,00643,006

0

2,000

4,000

6,000

8,000

2,3892,3892,8562,856

3,9143,914

5,5605,560

6,8916,891

Revenue Operating profit

2011 2012 2013 2014 2015

(Millions of yen)

■■ Total assets ■■ Total equity

2011 2012 2013 2014 2015

(Millions of yen)

0

40,000

20,000

60,000

80,000

100,000

59,96759,96765,36365,363

71,28371,283

80,85880,858

93,19693,196

24,97624,976 26,54326,543 30,09230,092 32,72732,72736,22836,228

0

1,000

2,000

3,000

5,000

4,000

751751

1,4651,465

2,0062,006

2,8742,874

4,1354,135

Profit for the year Total assets · Total equity

Percentage of operating profit by business segment (FY2015)

(FY2015 Consolidated) <The reference figures provided in this document have been prepared under IFRS since FY2012>

Page 7: Creating new value and inspira - toseicorp.co.jpCreating new value and inspira In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their

C o r p o r a t e D a t a (As of November 30, 2015)

Company name Tosei Corporation

President and CEO Seiichiro Yamaguchi

Address Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo

Date of establishment February 2, 1950

Capital ¥6,421,392,000

Stock listings Tokyo Stock Exchange, First Section (Ticker code: 8923) Singapore Exchange, Main Board (Ticker code: S2D)

Employees 301 (Consolidated) 140 (Non-consolidated)

Fields of business Revitalization, Development, Rental, Fund and Consulting

Licenses Real Estate Business License, Specified Construction Business License, First Class Architect’s Office License, Registered Financial Instrument Business (Type 2 Financial Instrument Business, Advisor and Agency), General Real Estate Investment Advisory Business Registration, Real Estate Specific Joint Enterprise Permit

President and CEOSeiichiro Yamaguchi

Director, COO Katsuhito Kosuge

Director, CFONoboru Hirano

Independent DirectorsGoro KaminoKenichi Shohtoku

Audit & Supervisory Board MembersYutaka Kitamura (full-time)Hiroshi Nishinakama (full-time)Yasuhiro Honda Tatsuki Nagano Osamu Doi

Senior Executive Officer (Asset Solution Department 3)Masaaki Watanabe

Executive Officer (Corporate Planning Department)Ichiro Kawabata

Executive Officer (Administration and Human Resource Department)Shunsuke Yamaguchi

Executive Officer (Accounting Department)Nobuto Fujiwara

Executive Officer (Asset Solution Department 1)Hideki Nakanishi

Executive Officer (Asset Solution Department 2, Architecture Planning Department) Koji Kuramoto

Executive Officer (Asset Solution Department 4)Tenshin Ito

Management team (As of March 1, 2016)

Tosei Community Co., Ltd. Fields of business : Property Management Business

Representative : Hisashi Hasegawa

Tosei Revival Investment Co., Ltd. Fields of business : Real Estate M&A, Financial Advisory Business

Representative : Kaname Wakabayashi

Tosei Asset Advisors, Inc. Fields of business : Fund and Consulting BusinessRepresentative : Hiroshi Nakamura

Tosei Singapore Pte. Ltd.

Managing Director : Ichiro Kawabata

Tosei Hotel Management Co., Ltd. Representative : Ichiro Kawabata

Urban Home Corporation Representative : Koji Kuramoto

Crystal Sports Club

Representative : Hitoshi Oshima

Consolidated subsidiaries (As of March 1, 2016)

Organizational structure (As of March 1, 2016)

Shareholders’ Meeting

Board of Directors

President and CEO Management Meeting

Audit & Supervisory Board

Nominating and Compensation Advisory Committee

Administrative Division

Administra-tion & HR

DepartmentAccounting Department

Corporate Planning

Department

Internal Audit DepartmentBusiness Division

AS3 AS4

Asset Solution Department 2

AS5 AS6

Asset Solution Department 3

AS7 AS8

Asset Solution Department 4

Asset Solution Department 1

AS1 AS2

Architecture Planning

Department

Asset Solution Business

Promotion Department

Corporate GovernanceMeeting

Risk Management and Compliance Committee

Information Disclosure Committee

Page 8: Creating new value and inspira - toseicorp.co.jpCreating new value and inspira In the Revitalization Business, Tosei acquires properties whose asset value has declined, improves their

Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo

Inquiries: Corporate Planning Department Phone: (81) 3-3435-2864 Fax: (81) 3-3435-2866

http://www.toseicorp.co.jp/english

Company Name and Group Logo

2016.4.200

symbolizes unlimited growth and opportunities

represents the integration of real estate and

finance, and a global business scope

expresses flexibility

Printed in Japan on recycled paper using the waterless process and non-VOC, soy-based vegetable oil ink.