Notice Regarding Change of Executive Officers

[Translation]

To whom it may concern

26 February 2013

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 Change of Executive Officers

Tosei Corporation (the "Company") hereby announces that it has resolved at the meeting of its board of directors held on 26 February 2013, to adopt the following change of Executive Officers, which will be effective on 1 March 2013.

Change of Executive Officers

NameNew PositionCurrent Position
Noboru Hirano Director, Chief Financial Officer, and Senior Executive Officer of Administrative Division Director, Chief Financial Officer, and Senior Executive Officer of Administrative Division; also in charge of Administration and Human Resource Department and Corporate Planning Department
Katsuhito Kosuge Director, Chief Operating Officer, and Senior Executive Officer of Business Division; also in charge of Asset Solutions 2 and Asset Solutions Business Promotion Departments Director, Chief Operating Officer, and Senior Executive Officer of Business Division; also in charge of Asset Solutions 1, 2, and Asset Solutions Business Promotion Departments
Shunsuke Yamaguchi
(New)
Executive Officer in charge of Administration and Human Resource Department, General Manager of the same General Manager of Administration and Human Resource Department
Nobuto Fujiwara
(New)
Executive Officer in charge of Corporate Planning Department, General Manager of the same General Manager of Corporate Planning Department
Hideki Nakanishi
(New)
Executive Officer in charge of Asset Solutions 1 Department, General Manager of the same General Manager of Asset Solutions 1 Department

[Reference: Brief Profile of Newly-appointed Officers]

Name
(Date of birth)
Work Experience
Shunsuke Yamaguchi
(Jul. 26, 1964)
Apr. 1988 Joined Tokyu Construction Co., Ltd.
Dec. 2001 Joined Tosei Fudosan Co., Ltd. (the predecessor of Tosei Corporation)
Jun. 2004 Corporate Planning Chief of Tosei Fudosan Co., Ltd.
Apr. 2005 General Manager of Administration Department (current: Administration and Human Resource Department) of Tosei Fudosan Co., Ltd.
Apr. 2008 Director and General Manager of Corporate Management Division of Tosei Asset Advisors, Inc.
Mar. 2011 General Manager of Administration and Human Resource Department of Tosei Corporation (current position)
Director of Tosei Asset Advisors, Inc. (current position)
Dec. 2012 Director of Tosei NAI Japan, Inc. (current position)
Nobuto Fujiwara
(Jul. 18, 1961)
Apr. 1984 Joined Mitsui Leasing & Development Co., Ltd.
(the predecessor of JA Mitsui Leasing, Ltd.)
Oct. 2000 Joined Fast Retailing Co., Ltd.
Apr. 2006 Joined Tosei Fudosan Co., Ltd.
(the predecessor of Tosei Corporation)
Apr. 2007 General Manager of Corporate Planning Department of Tosei Corporation (current position)
Hideki Nakanishi
(Jun. 17, 1967)
Apr. 1990 Joined Yasuda Trust and Banking Corporation
(the predecessor of Mizuho Trust & Banking Co., Ltd.)
Jun. 1999 Joined GOLDCREST Co., Ltd.
Apr. 2006 Joined Tosei Fudosan Co., Ltd.
(the predecessor of Tosei Corporation)
Dec. 2006 General Manager of Asset Solutions 4 Department of Tosei Corporation
Dec. 2010 General Manager of Asset Solutions 1 Department of Tosei Corporation (current position)
Dec. 2012 Director of Tosei NAI Japan, Inc. (current position)