Notice Regarding the Sale of "Nihonbashi Hongokucho Tosei Building", a Property Developed by Tosei

To whom it may concern

May 9, 2012

Tosei Corporation
Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo
President and CEO: Seiichiro Yamaguchi
Ticker code: 8923 (Tokyo Stock Exchange, First Section)
Contact: Noboru Hirano, Director and CFO
TEL: +81-3-3435-2864

Notice Regarding the Sale of Nihonbashi Hongokucho Tosei Building",a Property Developed by Tosei

May 9, 2012－Tosei has concluded the sales agreement with Daiwa Office Investment Corporation on Nihonbashi　Hongokucho Tosei Building" ("hereinafter referred to as the the Property"), a property developed by Tosei.

  1. 1.Property Outline

    Located in a central business area,Nihonbashi Hongokucho Tosei Building" has a convenient access to four stations on ten different lines such as Kanda Station on the JR Yamanote Line and Tokyo Metro Ginza Line, Shinnihonbashi Station on the JR Sobu Line, as well as Otemachi Station on the Tokyo Metro Marunouchi Line. The Property features a stylish glass curtain wall facade and a green wall installed on the outside of the second and third floors. It also takes an energy-saving approach by installing LED lights on most of the common and outdoor areas of the Property, as well as by introducing a nature-friendly tile carpet to reduce the burden on the global environment.
    The 8-story building creates highly functional office space while providing a tenant space on the ground floor.

    Name Nihonbashi Hongokucho Tosei Building
    Location 4-2-16, Niihonbashi Hongokucho, Chuo Ward, Tokyo
    Site area 393.01㎡ (118.88 tubo)
    Total floor space 2,386.51㎡ (721.91 tubo)
    Standard floor space 287.71㎡ (87.03 tubo)
    Construction 8-story, Steel
    Constructor ICHIKEN Co., Ltd.
    Completion May 2010
  2. 2.Sale Price: \1,721,000 thousand (Consumption tax is not included.)
  3. 3.Sold To
    Company name Daiwa Office Investment Corporation
    Location 6-2-1, Ginza, Chuo Ward, Tokyo
    Representative Kazuo Otaka, Executive Director
    Capital \198,780 million（as of November 30, 2011）
    Relations with Tosei None
  4. 4.Schedule

    (1) Conclusion of Sales Agreement: May 9, 2012
    (2) Transfer of the Property: May 11, 2012

  5. 5.Impact on Business Results

    Tosei does not expect the aforementioned transfer of the property to have a material impact on its business results of the current fiscal year since the sale of the property was scheduled in the current fiscal year ending November 30, 2012.

End

[Reference] Nihonbashi Hongokucho Tosei Building" Picture/Overview image