To whom it may concern

Tosei Corporation (Head Office: Minato-ku, Tokyo; President and CEO: Seiichiro Yamaguchi; Securities Code: 8923) is pleased to announce that it has completed the acquisition of a total of 16 properties* in November and December 2025, owned by two business corporations as part of its business succession support.

The Tosei Group has recently provided business succession support to two real estate-owning corporations. As part of this initiative, we acquired a total of 16 properties* on November 28 and December 25, 2025.
These assets are located primarily in Tokyo and span a diverse range of property types including retail facilities in Chiyoda-ku and Fuchu City, a mixed-use building in Minato-ku, an income-generating apartment building in Arakawa-ku, detached houses in areas like Shibuya-ku and Arakawa-ku, and plots of land. The total expected disposition value of the acquired properties is approximately 6.5 billion yen.
We will consider the optimal plan for each property based on its unique characteristics, determining whether to pursue it under our Revitalization Business, Development Business, or Rental Business with a view toward long-term holding.

Recently real estate prices in Japan remain high for both new and existing properties, driven by factors including the persistently high construction cost due to soaring material and labor expenses, as well as active real estate investment from overseas.
In this environment, the Tosei Group recognizes that purchasing properties at competitive prices is one of its most important issues. We are strengthening our acquisition strategy by diversifying our purchasing channels and methods, such as real estate M&A and business succession support.
Since our first project in 2001, the Group's track record in real estate M&A and business succession support for real estate acquisition has reached a total of 21 deals and 110 properties, including the latest acquisitions.

Going forward, we will continue to strive for the further growth of our group through acquisition of prime properties and expansion of our business areas utilizing diverse methods including real estate M&A.