Consolidated Subsidiaries

Tosei Asset Advisors, Inc.

Fields of business Investment management business
Representative

 Kaname Wakabayashi

HP

Tosei Community Co., Ltd.

Fields of business Property Management Business
Representative Hisashi Hasegawa

Tosei Revival Investment Co., Ltd.

Fields of business Logistics Consulting Business
Representative Noboru Hirano

Tosei Urban Home Corporation

Fields of business Detached house development & sales,Custom home construction.Real estate brokerage
Representative Yasumasa Tsukada

Tosei Hotel Management Co., Ltd.

Fields of business Hotel business planning, operation, and management
Representative Ichiro Kawabata

Tosei Hotel Service Co., Ltd.

Fields of business Hotel and Restaurant business management and operation
Representative Ichiro Kawabata

Tosei Singapore Pte. Ltd.

Fields of business Consultancy Service Relating to Real Estate
Managing Director Hiroyasu Yoneda

As of June 1, 2021