Notice Regarding Sale of Real Estate for Sale

Note: This English document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the Japanese original shall prevail.
Tosei Corporation assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

To whom it may concern

November 13, 2015

Tosei Corporation
Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo
President and CEO: Seiichiro Yamaguchi
Securities code: 8923 (Tokyo Stock Exchange, First Section)
S2D (Singapore Exchange, Mainboard)
Contact: Noboru Hirano, Director and CFO
TEL: +81-3-3435-2864

Notice Regarding Sale of Real Estate for Sale

Tosei Corporation (the "Company") hereby announces that it decided to sell real estate for sale today. Accordingly, the Company provides the following information.

  1. 1.Details of the property
    Name Minami Aoyama 3-chome Project (tentative name)
    Location Minami Aoyama 3-chome, Minato-ku, Tokyo
    Site Area 749.69 ㎡ (as registered)
    Total Floor Area 1,418.89 ㎡ (according to the building certification)
    Building Structure A steel structure with a partially reinforced concrete structure,
    having two aboveground floors and a basement
    Expected Date of Completion January 15, 2016 (scheduled)
    　
  2. 2.Summary of the buyer and of the transaction
    Buyer The Company is unable to disclose the buyer because of its non-disclosure obligation in accordance with the corresponding property transaction contract with the buyer. The Company has no capital, personnel or trade relationship to be stated with the buyer.
    Transfer Value The Company is unable to disclose the transfer value because of its non-disclosure obligation in accordance with the corresponding property transaction contract with the buyer.
    Contract Date November 13, 2015
    Transfer Date February 2016 (scheduled)
  3. 3.Future outlook

    The impact of this sale on the Company’s financial results will be included in the consolidated earnings forecasts for the fiscal year ending November 30, 2016, which is scheduled to be announced on January 13, 2016.