Mission Statement, Vision, & Core Values (2026) of Tosei Corporation.

With a bold mandate to 'create new value and inspiration' across real estate, Tosei Corporation (8923.T) leverages its six businesses-revitalization, development, rental, fund & consulting, property management and hotel services-primarily centered in the Tokyo metropolitan area, and in January 2024 launched its roadmap linking the Long-Term Vision 2032 with the Medium-Term Management Plan 'Further Evolution 2026'; guided by a 10-20-year investment horizon, people-centered management and portfolio-driven optimization, Tosei positions its seasoned professionals to tackle climate change and urbanization, embed ESG across operations, and deploy its real estate solution, portfolio management and global reach capabilities to restore asset value and pursue sustainable growth.

Tosei Corporation (8923.T) - Intro

• Business scope: revitalization, development, rental, fund & consulting, property management, hotel operations.
• Geographic focus: Tokyo metro-centric with growing overseas investor relationships and selective cross-border activities.
• Strategic identity: long-term value creation by restoring and enhancing real estate assets.

• Mission: Contribute to society, achieve sustainable growth, and increase corporate value through long-term real estate development and restoration.
• Vision: Long-Term Vision 2032 (formulated Jan 2024) - evolve into a resilient, ESG-aligned real estate platform with diversified income streams and enhanced global partnerships.
• Medium-term plan: "Further Evolution 2026" (announced Jan 2024) - accelerate upward portfolio rotation, scale fee business (fund & consulting, property management, hotels), and embed sustainability across operations.

• Real estate solution capabilities: integrated in-house expertise in acquisition, redevelopment design, legal/tax structuring, financing, and leasing.
• Portfolio management capabilities: active asset rotation and cash-flow optimization across owned and managed assets to balance yield, risk and capital efficiency.
• Global reach capabilities: relationships with domestic and international institutional investors, REITs, and wealth managers to source capital and exit options.

• Philosophy: embed sustainability into investment selection, redevelopment design (energy efficiency, resilience), tenant engagement, and operations.
• Targets (examples adopted under Vision 2032): lower building energy intensity, promote decarbonization of owned assets, and increase ESG-linked fee revenues through funds and asset management.
• Governance: board-level oversight of sustainability and risk management integrated into Further Evolution 2026 KPIs.

• Value creation levers: opportunistic acquisition of underperforming assets, redevelopment to higher-grade use, active leasing & property management, and structured exits via sale, fund monetization or REIT transfers.
• Balance-sheet approach: maintain financial flexibility via diversified funding (bank loans, bonds, fund equity, J-REIT and institutional partners) while targeting prudent leverage to sustain growth.
• Fee business growth: expand recurring-fee income from property management, funds (sponsor/asset manager fees) and hotel operations to improve earnings stability.

• Scale up fee-based, capital-light businesses (fund management, property & hotel management) to complement cyclical development returns.
• Accelerate ESG upgrades across the portfolio to meet tenant demand and regulatory trends, reducing vacancy and improving rent premiums.
• Enhance cross-border capital partnerships to diversify exit options and lower financing cost of large-scale projects.

Tosei Corporation (8923.T) - Overview

• Mission focus: long-term value creation through redevelopment, asset enhancement, and lifecycle-oriented property management (typical holding horizon: 10-20 years).
• Global-minded execution: selective overseas investments and partnerships to diversify income streams and transfer know-how.
• Seasoned-professionals model: specialist teams for acquisition, redevelopment, asset management, and capital markets / investor relations.
• Sustainability alignment: initiatives targeted at energy efficiency upgrades, green certification for buildings, and community-oriented redevelopment.

• Value-add redevelopment: purchase, reposition, and enhance cash flow through capex and management reforms over multi-year plans.
• Capital recycling: monetize stabilized assets to redeploy into higher-return redevelopment projects or new geographies.
• Sustainability metrics: building certification targets, energy consumption per sqm reductions, and tenant engagement programs.

Tosei Corporation (8923.T) - Mission Statement

• Core mission: Generate stakeholder value through integrated real estate solutions spanning acquisition, development, asset management, and funds management.
• Marketplace role: Act as a distinctive real estate portfolio manager offering diverse solutions tailored to institutional and private investors.
• Sustainability focus: Integrate environmental, social and governance (ESG) principles into investment decisions to address climate change and urbanization.

• Objective: Contribute to the realization of a sustainable society as a unique real estate portfolio manager with diverse solution capabilities.
• Time horizon: 2032 (ten‑year strategic horizon anchored from the 2022-2026 medium plan period).
• Strategic pillars: Sustainability, diversification of solution offerings, value creation through active asset and fund management.

• Client‑centricity: Tailor solutions across direct holdings, PFI/PPP, funds, and advisory.
• Innovation: Use mixed‑use redevelopment, adaptive reuse, and ESG retrofits to unlock value.
• Prudence: Emphasize portfolio risk management and capital discipline in acquisitions and dispositions.
• Collaboration: Leverage joint ventures and third‑party capital to scale AUM and fee income streams.

• Purpose: Translate Vision 2032 into actionable M&A, development, and fund strategies over the 2023-2026 cycle.
• Priority actions: Expand solution suite, deepen ESG integration, optimize capital efficiency, and grow recurring fee revenue.
• Corporate identity: Reinforce Tosei's positioning as a manager that blends asset ownership with fund and advisory businesses.

• Climate resilience: Incorporate energy performance and retrofit strategies into asset underwriting.
• Social value: Promote urban revitalization and mixed‑use projects that address community needs.
• Governance: Maintain disclosure and investor communication aligned with TCFD/ESG best practices.

Tosei Corporation (8923.T) Vision Statement

• 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.
• Ceaselessly sharpen professional attitudes, knowledge, and skills.

• Professional development: systematic talent cultivation, on-the-job training, and certification-focused upskilling to support transaction, asset management, and advisory capabilities.
• Innovation & entrepreneurship: active deal origination, structured finance solutions, and repeated risk-taking within disciplined portfolio limits.
• Quality & safety: property-level maintenance standards, tenant safety programs, and compliance frameworks emphasizing customer reassurance.
• Sustainability & ESG integration: environmental and social initiatives embedded in asset management decisions and corporate governance.

• ESG Policy: formalized ESG Action Guidelines integrating environmental risk assessment into acquisition and asset management decisions.
• Carbon & energy initiatives: ongoing retrofits and energy-efficiency projects across key assets; capital allocation earmarked for green upgrades.
• Social impact: tenant safety programs, community engagement at redevelopment sites, and workforce training tied to people-centered management.
• Governance: board oversight on compliance, fair practice standards, and transparent investor communications to uphold world-class management quality.

• Portfolio optimization: deploy capital where real estate fundamentals and financial returns align, with active recycling and selective global sourcing.
• Risk-taking with discipline: pursue opportunistic acquisitions and structured finance while limiting concentration risk through diversification.
• Quality-first operations: prioritize capex for safety, compliance, and tenant satisfaction to protect occupancy and long-term cash flow.
• People investment: allocate resources to training and certification to sustain a cadre of professionals capable of complex deals and asset stewardship.