Presentation Material · Tokyo Tatemono Co., Ltd All Rights Reserved. 4 • Revenue and operating income fell year-on-year due to a decline in the number of condo sales posted

Presentation Material

Tokyo Tatemono Co., Ltd All Rights Reserved. 2

This material has been translated from a portion of the Japanese original for reference purposes only. In the event any discrepancy arises between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation, nor for direct, indirect, or any other form of damages that may arise from using this translation. This English version includes some explanatory notes.

The utmost care is applied to the information provided in this material; nevertheless, the accuracy and completeness of this information is not guaranteed. Please be aware that content may be changed or withdrawn without advance notice.

This material contains the current plans, beliefs, and forecasts concerning the business performance of the Tokyo Tatemono Group. These forecasts cannot encompass all factors for future performance, but include risks and uncertain factors that may affect future performance. Actual results may differ materially from these forecasts due to various factors.

Disclaimer

Tokyo Tatemono Co., Ltd All Rights Reserved.

I. Business Results for the 3Q of FY2016

(1) Consolidated Statements of Income(2) Revised Earnings Forecast of FY2016(3) Consolidated Balance Sheet(4) Business Results by Segment

p. 6p. 7p. 8p. 9

II. Quarterly Segment Data p.14

III. Reference Material (1) Medium-term Business Plan(2015~2019)(2) Office Building Portfolio(3) Large Redevelopment Projects Underway(4) Short-term Turnover Projects(5) Large-scale Condo Projects(6) CSR Initiatives

p.19p.20p.21p.22p.23p.24

Executive Summary p. 4

3

Contents


• Revenue and operating income fell year-on-year due to a decline in the number of condo sales posted.

• The achievement rate versus the full fiscal year plan was low reflecting the concentration in 4Q of sales of properties to investors and the posting of high-margin condos.

• We upwardly revised our forecasts for recurring income and net income attributable to owners of the parent reflecting expectations of a contraction in financing costs, gain on equity-method investment at operations in China, and gain on sale of fixed assets.

• In the office building market, supply and demand remains tight. The average vacancy rate at our office buildings is a low 3.3%.

• The polarization of condominium sales has become further pronounced.• The real estate investment market continues to be overheated. In FY2016,

sales are progressing smoothly.

Highlight of Business Results for FY2016 3Q

Business climate

Executive Summary




6

Unit: Billion yen 2016 3Q 2015 3Q Increase/Decrease

Revenue from operations 160.8 189.1 (28.2)

Commercial properties 65.9 73.1 (7.2)

Residence 45.4 71.7 (26.2)

Real estate solution services 35.9 31.4 4.5

Other 13.5 12.6 0.8

Operating income 22.3 27.4 (5.0)

Commercial properties 21.7 19.7 1.9

Residence 2.4 8.4 (6.0)

Real estate solution services 3.0 3.4 (0.3)

Other (0.3) 0.2 (0.6)

Elimination/Corporate (4.4) (4.4) -

Non-operating income 2.5 1.5 0.9

Non-operating expenses 7.9 9.6 (1.6)

Recurring income 16.8 19.4 (2.5)

Extraordinary income 3.0 2.0 0.9

Extraordinary loss 0.6 2.8 (2.2)

Income before tax 19.3 18.5 0.7

Net income attributable to owners of the parent 10.5 14.5 (3.9)

Main factors for increase/decrease• Decline in financing costs

3

1 Main factors for increase/decrease• Decrease in number of condo sales posted• Reaction to property sales in the prior fiscal

year in commercial properties• Increase in property sales in the real estate

solution service segment

4

2

1

Main factors for increase/decrease• Increase in deferred income taxes

reflecting inconsistencies between tax and financial accounting for dividend income on property acquired from SPC in FY2016

6

6

Full-year forecasts*

Achievement rate

260.0 62%

106.0

84.0

49.0

21.0

35.0 64%

30.0

6.5

4.5

-

(6.0)

2.0

11.0

26.0 65%

2.0

‒

28.0

16.5 64%

2 Main factors for increase/decrease• Decrease in number of condo sales posted• Contribution from full-year building operations

* Announced on Feb. 8, 2016

(1) Consolidated Statements of Income

Revenue and income down due to decrease in the number of condo sales posted

3

5

Main factors for increase/decrease• Sales of fixed assets, etc.

4

5 Main factors for increase/decrease• Posted impairment losses in tandem with

sale of SPC in the prior fiscal year• Posted impairment losses related to resort

facilities in current fiscal year


Unit: Billion yen Revised Projection

Projectionannounced Feb. 8, 2016

Increase/Decrease Main factors for increase/decrease

Revenue from operations 260.0 260.0 - -

Operating income 35.0 35.0 - -

Recurring income 28.5 26.0 2.5 ・Gain on equity-method investment at operations in China・Decline in financing costs

Net income attributable to owners of the parent 19.0 16.5 2.5 ・Increase in gain on sale of fixed assets

7

We upwardly revised earnings forecasts on expectations ofan improvement in non-operating items and an increase in extraordinary income


(2) Revised Earnings Forecast of FY2016


Total assets increased reflecting the development pipeline of redevelopment projects and short-term turnover commercial projects

Unit: Billion yen 2016 3Q-end 2015-end Increase/Decrease

Total assets 1,338.3 1,297.1 41.2Current assets 271.9 238.2 33.7

Cash 53.0 47.2 5.7Accounts receivable, trade 7.1 8.1 (1.0)Real estate for sale 178.6 153.7 24.8Other current assets 33.1 28.9 4.2

Fixed assets 1,066.4 1,058.8 7.5Property and equipment 767.0 758.0 9.0Intangible assets 111.8 112.5 (0.7)Investments and other assets 187.4 188.3 (0.8)

Total liabilities 1,029.0 984.5 44.4Interest-bearing debt 739.3 707.3 32.0Other liabilities 289.6 277.2 12.4

Total net assets 309.3 312.5 (3.2)Shareholder’s equity 220.6 215.0 5.5

Capital 92.4 92.4 ‒Capital surplus 66.7 66.4 0.2Retained earnings 61.4 56.1 5.3Treasury stock ‒ ‒ ‒

Accumulated other comprehensive income 81.4 86.4 (5.0)Non-controlling interests 7.2 10.9 (3.7)

1

2

3

8

1 Breakdown of increase/decrease• Real estate for sale

Increase +¥65.1 billionCost transfer -¥39.4 billionOthers -¥0.8 billion

3 Breakdown of increase/decrease• Non-consolidated +¥55.6 billion• Subsidiaries -¥23.6 billion

2 Main factors for increase/decrease• Lump-sum payment of prepaid rent for land

related to redevelopment of the former government office land of Toshima-ku

• Acquisition of Otemachi Grand Cube• Acquisition of land and buildings for

redevelopment• Sales of fixed assets, etc.

(3) Consolidated Balance SheetI. Business Results for the 3Q of FY2016

4 4 Breakdown of increase/decrease• Increase in deposits on condo sales

(equivalent to equity held by other companies)

Capital adequacy ratio 22.6%As of end-2015 23.2%

Debt Equity Ratio 2.4XAs of end-2015 2.3X


Sales declined in reaction to property sales posted a year earlier but income rose mainly on contribution from full-year building operations



Leasing of buildings 47.7 46.9 0.7

Sales of real estate ‒ 8.9 (8.9)

Building management service, etc. 17.9 17.2 0.7

Dividends 0.2 0.1 ‒

Operating income 21.7 19.7 1.9

29,042 28,608 28,520 28,922 29,410 29,191 28,934 28,929

95.292.6

94.3 94.5 95 95.0 95.7 96.7

65

70

75

80

85

90

95

100

20,000

22,500

25,000

27,500

30,000

32,500

35,000

2014/12 2015/3 2015/6 2015/9 2015/12 2016/3 2016/6 2016/9

Average rent (Left axis) Occupancy rate (Right axis)

* Since March 2015, the portion of free rent is averaged out over the entire contract period for tenants leasing a certain area.

(Yen) (%)

New and full-year operations• New operations

Daiwa Minami Semba Building (Acquired in April 2016)Otemachi Financial City Grand Cube

(Completed in April 2016)Shijo SET Building (Acquired in September 2016)

• Full-year operationsKudan KS Building (Subleasing started in February 2015)Tokyo Tatemono Nihonbashi Building

(Completed in February 2015)GINZA GATES (Acquired in March 2015)FUNDES Suidobashi (Opened in August 2015)

Occupancy rate and average rent [Ownership/Consolidated SPC total]

1

3

9

2 Main factors for increase/decrease• Reactionary decline to property sales

posted in the previous year -¥8.9 billion

1 Breakdown of increase/decrease• New buildings +¥0.2 billion• Full-year operations +¥1.1 billion• Existing buildings +¥1.1 billion• Sale, reconstruction, etc. -¥1.6 billion

Full-year forecast

Achievement rate

106.0 62%

63.5 75%

18.5 ‒

23.5 76%

0.5 45%

30.0 72%

Decline in average rent owing in part to free rent at new buildings.

(4) Business Results by Segment (i) Commercial propertiesI. Business Results for the 3Q of FY2016

2

3 Main factors for increase/decrease• Building management fees, etc. ¥6.0 billion


[Map around Tokyo Station] Number of large buildings owned and secured a development pipeline

21

1212

1111

1010

99

5511

13131414

1515

66

22

33

44

77

1717

16

18

8

20

21

1988

1616

18188

Building Construction completed

1 JA Building / Keidanren-Kaikan 2009

2 Otemachi Financial CityGrand Cube April. 2016

3 Otemachi Financial CityNorth Tower 2012

4 The Otemachi Tower 2014

5 Tokyo Tatemono MuromachiBuilding 1966

6 Tokyo Tatemono Dai3Muromachi Building 1971

7 Nihonbashi TI Building 2012

8 Tokyo Tatemono Nihonbashi Building 2015

9 Nihonbashi First Building 1994

10 Shin-Gofukubashi Building 1977

11 Tokyo Tatemono YaesuBuilding 2011

12 NTA Nihonbashi Building 1991

13 Tokyo Tatemono HeadquarterBuilding 1929

14 Yaesu MEG Building 1986

15 Kyobashi YS Building 1990

16 Kyobashi Edogrand Oct. 2016

17 Tokyo Square Garden 2013

18 Empire Building Sep. 2017 (tentative)

162

417

18

Yaesu 1-chome North District20 Nihonbashi 1-chome

1 and 2 block21

Urban redevelopment PJ of Yaesu 1-chomeEast Area in front of Tokyo Station

19

Redevelopment area

10

Construction completed up to 2011Construction completed between 2012 and 2014Construction completed during period of medium-term business plan (2015～2019)

(4) Business Results by Segment (i) Commercial propertiesI. Business Results for the 3Q of FY2016

Otemachi

Nihonbashi

Kyobashi

Hacchobori

TokyoStation




Sales of condominiums 25.6 57.3 (31.7)

Sales of residential houses 0.2 ‒ 0.2

Sales of others 7.0 0.1 6.8

House leasing 2.3 3.1 (0.7)

Fee from sales contract services 0.8 1.5 (0.6)

Residential management service, etc. 9.3 9.6 (0.2)


1

2

Revenue and income down due to decrease in the number of condo sales posted

Main factors for increase/decrease• Condo unit price ¥53.04million

(Previous year: ¥52.78million)• Number of condo sales 482 units

(Previous year: 1,087units)• Gross margin 18.8%

(Previous year: 23.6%)* Achievement rate as of end-June of plans to

sell 750 units: 85%

1

11

2 Main factors for increase/decrease• Sold share in condo project, etc. +¥7.0 billion

Jan.-Sep. 2015 Jan.-Sep. 2016

23 wards of Tokyo

77%

Outer area of Tokyo

1%

Other Tokyo

Metropolitan areas10%

Other12%

23 wards of Tokyo

56%

Other25%

Condominium units sales by area Inventory of completed condominiums

0

100

200

300

2014/12 2015/3 2015/6 2015/9 2015/12 2016/3 2016/6 2016/9

Tokyo Other Tokyo Metropolitan areas Kansai and others

3

Full-year forecast

Achievement rate

84.0 54%

43.5 59%

0.3 88%

21.5 33%

2.7 87%

1.0 82%

15.0 63%

6.5 38%

Outer area of Tokyo

13%

Other Tokyo Metropolitan

areas6%

(4) Business Results by Segment (ii) ResidenceI. Business Results for the 3Q of FY2016

131 units(including 30 units under contracted)



Revenue from operations 35.9 31.4 4.5

Brokerage 2.4 2.1 0.3

Real estate purchase & resale *1 17.0 14.6 2.3

Management service, etc. 2.5 2.4 0.1

Parking lot business 13.9 12.2 1.6


1

2

Sales rose underpinned by sales of properties that were acquired and resold, and an expansion in scale of the parking lots business. Meanwhile, profit dropped due in part to a reaction of dividend income in FY2015.

12

2 Main factors for increase/decrease• Impact of M&A deals +¥1.2 billion

(March 31, 2015)

1 Main factors for increase/decrease• Property sales increased +¥3.1 billion• Drop in reaction to dividend

Income from SPC posted in same quarter a year earlier -¥0.8 billion

Parking lot: Number of parking spaces and occupancy rate

46,248

57,654 58,659 60,727 61,743 60,907 63,267 63,720

41.7 41.7 41.9 42.4 42.3 40.9 41.0 41.4

0

5

10

15

20

25

30

35

40

45

50

20,000

30,000

40,000

50,000

60,000

70,000

80,000

2014/12 2015/3 2015/6 2015/9 2015/12 2016/3 2016/6 2016/9

No. of parking spaces Occupancy rate(Slots)

(%)M&A deals

* Saitama office of Shinsouki Co., Ltd. and Maos Co., Ltd. were integrated into NPC on April 1, 2016. The occupancy rate only reflects parking lots for NPC prior to the integration.

Full-year forecast*2

Achievement rate

49.0 73%

4.0 62%

22.5 76%

3.5 72%

19.0 74%

4.5 67%*1 Mainly carrying out resale of real estate that was acquired and for which added-value was enhanced.*2 The breakdown for the Feb. 8, 2016 full-year forecast was revised in tandem with the establishment of new segments.

(4) Business Results by Segment (iii) Real estate solution services




Revenue from operations 13.5 12.6 0.8

Leisure and Senior business 12.5 11.5 0.9

Other 0.9 1.0 (0.1)

Operating income (0.3) 0.2 (0.6)

1

Sales rose reflecting an increase in number of facilities in operation but profit declineddue in part to a valuation loss on resort lands in conjunction with the sale of a resort business

13

1 Main factors for increase/decrease• Increase in number of facilities in operation• Contribution from facilities opened

a year earlier

Full-year forecast *

Achievement rate

21.0 64%

20.0 63%

1.0 93%

‒ ‒

List of facilities (Facilities in red were acquired in FY2016, Facilities in blue began operations in FY2016. *Under development)

<<Properties owned by Tokyo Tatemono>>• Grapes Asakusa• Grapes Fujimino• Grapes Omori-nishi• Grapes Felicity Totsuka• Grapes Kawasaki Shinmachi• Grapes Season Totsuka• Grapes Tsujido Nishikaigan* Tateishi 2-chome PJ (working name) (operations slated to start in 2017)* Yoga 3-chome PJ (working name) (operations slated to start in 2017)* Grapes Chitose-dai 6-chome PJ (working name)

(operations slated to start in 2017)* PJ in front of Tsujido Station (working name)

(operations slated to start in 2017)

<<Properties under its management>>• Kosha Heim Chitose Karasuyama• Grapes Garden Nishi-arai Daishi• Grapes J Higashi Ikebukuro* JKK Hirao Jyutaku (working name)


• Adonis Plaza Omiya• Sans Souci Kita-Urawa• Sans Souci Owada* Private nursing home plan for

Daikyo-cho (working name)(operations slated to start in 2017)

Residences for elderly people with service Private nursing homes

Total 19 facilities↓ Grapes Tsujido Nishikaigan

Ofuro no Osama• Hikarigaoka • Higashi Kurume• Shiki • Konandai• Hana Koganei • Tama Mogusa• Ooimachi • Ebina• Seya • Sagamihara• Kouza-Shibuya Ekimae • Machida

Total 12 facilities↓ Ofuro no Osama Machida

* The breakdown for the Feb. 8, 2016 full-year forecast was revised in tandem with the establishment of new segments.

• Hatoriko Kogen Regina-no-Mori• Regina Resort Fuji• Regina Resort Hakone Ungaiso• Regina Resort Izu Murin• Regina Resort Karuizawa Mikage Yosui* Tateshina (name pending) (operations

slated to start in 2017)* Karuizawa-machi (name pending)

(operations slated to start in 2017)* Hakone-machi (name pending)


Pet-Friendly Hotels (Regina Dog Club)

Total 8 facilities↓ Regina Resort Karuizawa Mikage Yosui

(4) Business Results by Segment (iv) OtherI. Business Results for the 3Q of FY2016

2 Main factors for increase/decrease• Negative impact from a valuation loss on

resort lands posted in conjunction with the sale of businesses related to the HatorikoKogen Regina-no-Mori resort facilities

2

II. Quarterly Segment Data


2013/12 2014/3 2014/6 2014/9 2014/12 2015/3 2015/6 2015/9 2015/12 2016/3 2016/6 2016/9

Number of buildings (*1) 31 39 39 39 40 42 42 42 40 40 42 43

Ownership 31 30 30 30 31 34 34 34 33 33 35 36

Consolidated SPC ‒ 9 9 9 9 8 8 8 7 7 7 7

Rentable space (Unit: 1,000m2) (*1) 199 440 422 422 436 464 465 461 454 454 465 468

Ownership 199 244 241 241 264 325 326 322 317 330 342 345

Consolidated SPC ‒ 195 181 181 172 138 138 138 136 123 123 123

Vacancy rate (*1) 4.9% 5.3% 5.7% 5.4% 4.8% 7.4% 5.7% 5.5% 5.0% 4.4% 4.3% 3.3%

Ownership 4.9% 4.7% 6.3% 6.5% 5.2% 9.3% 6.7% 6.7% 5.8% 5.3% 5.1% 4.1%

Consolidated SPC ‒ 6.1% 4.9% 3.9% 4.2% 3.1% 3.5% 2.6% 3.2% 2.0% 2.0% 1.3%

[Ownership/Consolidated SPC total] Average rent (Unit: yen/tsubo) ‒ 27,343 29,182 29,509 29,042 28,608 28,520 28,922 29,410 29,191 28,934 28,929

Commercial properties business

*1: From 2014, figures are disclosed including the consolidated of the SPC.

(i) Commercial propertiesII. Quarterly Segment Data


2013/12 2014/3 2014/6 2014/9 2014/12 2015/3 2015/6 2015/9 2015/12 2016/3 2016/6 2016/9

Number of units sold 1,914 577 670 933 1,378 824 951 1,089 1,533 182 295 491

Number of condo units sold 1,902 577 669 931 1,376 824 949 1,087 1,528 179 287 482

Housing and residential land 5 0 0 0 0 0 0 0 1 3 6 6

Others 7 0 1 2 2 0 2 2 3 1 2 3

Gross margin of condo sales 17.0% 16.3% 16.6% 17.8% 17.2% 25.0% 24.2% 23.6% 22.7% 18.8% 17.3% 18.8%

Inventory of condos 261 303 252 182 197 265 179 130 110 105 91 131

Of which under contracted 39 21 45 44 31 49 34 11 7 11 14 30

Condo units supplied 1,712 251 582 859 1,150 251 464 1,379 1,549 115 452 614

Condo units contracted 1,834 303 583 992 1,330 310 495 1,482 1,632 90 368 590

Number of buildings with condosfor rent 11 10 10 10 9 7 8 7 6 6 7 7

Number of managed condo units 46,889 47,613 49,306 49,998 51,140 51,969 50,430 49,979 49,484 51,036 51,931 52,749

Residential business data

(ii) ResidenceII. Quarterly Segment Data


*1: Saitama office of Shinsouki Co., Ltd. and Maos Co., Ltd. were integrated into NPC on April 1, 2016. The occupancy rate only reflects parking lots for NPC prior to the integration.*2: Includes some jointly owned properties. Data after the end of December 2014 have been revised taking into account Tokyo Tatemono’s ownership in these residences.*3: Regarding *2 above, figures have been revised due to erroneous figures disclosed after the end of December 2014.

17

2013/12 2014/3 2014/6 2014/9 2014/12 2015/3 2015/6 2015/9 2015/12 2016/3 2016/6 2016/9

Residences for elderly peoplewith service 2 3 3 4 6 8 8 8 9 9 9 10

Of which, owned 2 2 2 2 3 5 5 5 6 6 6 7

Owned units (*2) 184 184 184 184 233 358 358 358 395 395 395 553

Of which, operated ‒ 1 1 2 3 3 3 3 3 3 3 3

Operated units (*3) ‒ 86 86 148 247 247 247 247 284 284 284 284

Private nursing homes ‒ ‒ ‒ 3 3 3 3 3 3 3 3 3

Of which, owned ‒ ‒ ‒ 3 3 3 3 3 3 3 3 3

Owned units ‒ ‒ ‒ 167 167 167 167 167 167 167 167 167

2013/12 2014/3 2014/6 2014/9 2014/12 2015/3 2015/6 2015/9 2015/12 2016/3 2016/6 2016/9

Brokerage business:Number of brokerage deals 1,049 248 499 714 978 213 473 731 999 224 476 691

Of which, sales 1,000 235 464 668 920 201 447 688 943 217 456 656

Of which, rentals 49 13 35 46 58 12 26 43 56 7 20 35

Parking lots: Number of locations 619 626 636 638 641 1,288 1,294 1,306 1,334 1,320 1,336 1,340

parking spaces 45,423 45,773 46,235 46,633 46,248 57,654 58,659 60,727 61,743 60,907 63,267 63,720

Occupancy rate (*1) 41.1% 40.5% 39.0% 39.6% 41.7% 42.4% 41.9% 42.4% 42.3% 40.9% 41.0% 4.4%

Real estate solution services business

Other business

(iii) Real estate solution services & OtherII. Quarterly Segment Data

III. Reference Material


Smooth progress toward the goal of reaching 50 billion yen in operating income in 2019

19

(1) Medium-term Business Plan(2015~2019)III. Reference Material

Fixed assets Gross investment Return Net investment

Commercial Properties 150.0 － 150.0Parking lots 30.0 － 30.0Leisure/Senior housing & services 50.0 － 50.0

Other 50.0 － 50.0Subtotal 280.0 － 280.0

Real estate for sale Gross investment Return Net investment

Condominiums 360.0 350.0 10.0Other 80.0 70.0 10.0Subtotal 440.0 420.0 20.0

Total 300.0

Investment Plan of the Medium-term Plan (Unit: Billion yen)

Outlook for financial indicators toward achievement of the goal

Debt Equity ratio Within 3 timesAs of end-2015 2.3 times

Image of growth in operating income (Unit: Billion yen)

Interest-bearing debt/EBITDA ratio Within 13 timesAs of end-2015 13.4 times

■Commercial Properties ■Residence ■Real Estate Solution Service・Other

30.535.034.4

50.0

Current plan

30.0

Previousplan

2014(Actual)

2015(Start

forecast)

2015(Actual)

2016(Forecast)

2019(Goal)

29.4 25.5 27.2 30.0 32.0

3.7 8.0

10.4 6.5 9.0 3.9 3.0

3.0 4.5

14.0

-6.5 -6.5 -6.2 -6.0 -5.0


As of the end of September 2016

Portfolio comprises new, large-scale office buildings close to business areasthat are highly competitive

(2) Office Building PortfolioIII. Reference Material

Number of buildings: 43

Rentable space: 468,990m²

Buildings owned by Tokyo Tatemono + consolidated SPCs* % of leased space ** The weighted average based on leased space

Building age*

Region*

Standard floor area*

Three central

wards of Tokyo43.9%

Other19.7%

Shibuya,Shinjuku

wards15.8%

23 wards (excluding 5 central wards)

16.6%

Tokyo(excluding 23 wards)

4.0%

Over 1,000 tsubo21.4%

500-1,000 tsubo39.1%

300-500 tsubo17.9%

Less than300 tsubo

21.6%

Under 10 years61.5%

10-20 years old5.7%

20-30 years old11.9%

30 years and older

20.8%

**Average age 15 years old

Five central wards of Tokyo 59.7%

Over 500 tsubo60.5%


Urban redevelopment PJ of Yaesu 1-chome East Area in front of Tokyo Station Redevelopment of the former government office land of Toshima-ku

Large redevelopment project in front of Tokyo Station, including Tokyo Tatemono Headquarter BuildingConstruct a large bus terminal that connects Tokyo with international airports and regional citiesIntroduce functions that will enhance Tokyo’s global competitive edge, including conference halls and medical facilitiesStrengthen regional BCP functions and capabilities to prevent disasters⇒Urban planning decided on September 18, 2015

21

[Total floor space] Former government office land roughly 64,000 m² Public hall roughly 10,000 m²

[Total area] Former government office land 3,637.15 m²Public hall 3,049.62 m²

[Construction start] December 2016 (tentative)[Completion date] New hall scheduled for

spring 2019Private-sector facilities sheduled for spring 2020

Coordinate with government to implement complex development of the former government office land in Toshima-kuExpand Ikebukuro’s role as an urban subcenter by constructing large office buildingsExtensive theaters, including a cinema complex, and commercial facilitiesCreate activity in the Ikebukuro area and contribute to communicating a new culture

[Total floor space]

[Mai uses]

[No. of floors]

[Construction start][Completion date]

A block about 12,000 m²B block about 228,000 m² A block: offices, stores, etc.B block: offices, stores, medical facilities, bus terminal, conferences, etc.A block; 11 floors above ground,

3 belowB block: 54 floors above ground,

4 belowOctober 2020 (tentative)March 2024 (tentative)

Large redevelopment projects underway in prime locations, including Yaesu and Ikebukuro

(3) Large Redevelopment Projects UnderwayIII. Reference Material


(4) Short-term Turnover ProjectsIII. Reference Material

FUNDES Jimbocho (Open in Nov 2016)

Acquisition and rebuilding of old and small buildings with poor visibility and profitability despite their location in busy downtown areas such as locations in front of stations.In operation: 1 project (FUNDES Suidobashi); Under development: 3 projects (Jimbocho, Ueno, Tenjin)

FUNDES Suidobashi

(Provisional name) Roppongi 6-chome Project

Located in the heart of the Roppongi area (approx. 2 min. walk from Roppongi Station). Scheduled to lease the entire building to Candeo Hospitality Management, Inc.(Total number of guest rooms: 149)

Acquire small and old buildings for future sale. Leveraging our development strengths for rebuilding and leasing. Development of compact commercial facilities, business hotels and other properties to suit location.

Alleviate risk of purchasing at high prices in an overheated real estate market (Few rival players and arm’s length transactions easy to carry out)

Given market climate, monitoring optimal timing for sales

REIT is a prospective option as an exit strategy

Ability to develop even for locations that are fairly less busy than compact commercial facilities, and which do not face main streets.

Under development: 4 projects (Roppongi, Ginza, Midosuji, Asakusa)

Pouring energies into compact commercial facilities and business hotelsas short-term turnover commercial properties

Compact commercial facilities Business hotels


(5) Large-scale Condo ProjectsIII. Reference Material

Planning to post sales on “Tower” projects in central Tokyo for each fiscal yearduring the period of the medium-term business plan

31 floors above ground/Total of 550 units

BAYZ TOWER&GARDEN

Main projects for plans to post sales*The figure in the parentheses ( ) shows the scheduled no. of units to be posted owned by Tokyo Tatemono

2016 ・BAYZ TOWER&GARDEN (86 units)

2017・Brillia Towers Meguro South Residence (275 units)

・Brillia THE TOWER TOKYO YAESU AVENUE (271 units)

2018 ・Brillia Towers Meguro North Residence (286 units)

2019・Brillia Tower Ueno Ikenohata (361 units)

・Brillia Tower Yoyogi Park CLASSY (127 units)

Brillia THE TOWERTOKYO YAESU AVENUE

30 floors above ground/Total of 387 units

Brillia Towers MeguroSouth: 38 floors above ground.North: 40 floors above ground

661 condos for sales (out of total 940)

Brillia Tower Ueno Ikenohata

30 floors above ground/ Total of 361 units

Brillia Tower Yoyogi Park CLASSY19 floors above ground/

Total of 195 units

(Provisional name) Shirokane 1-chome Redevelopment Project

Land bank by area

Outer areasof Tokyo

7%

Other Tokyo Metropolitan

areas14%

Other13%

23 wards of Tokyo66%

Total: about 6,800 units (As of 30 September 2016)(Including 750 units scheduled to be posted in 2016)

Total no. of units: Approx. 1,000 units,


Addressing changes in society—creating a sustainable local community

Senior housing that provides support to the local community

Grapes Tsujido Nishikaigan is next door to the Tsujido housing complex, which was build in 1964. Currently, about 2,000 people live in the complex. Of this, roughly 40% are senior citizens.Grapes Tsujido Nishikaigan will serve as a new site for local comprehensive care for the “matured” Tsujido housing complex. It will provide nursing care services to local residents through the visiting nurse and day services centers adjacent to Grapes Tsujido Nishikaigan. We aim to create an environment that local residents can continue to live in as they enjoy their senior years.

Tokyo Tatemono Group’s CCRC*

As a comprehensive real estate company, it has been the goal of Tokyo Tatemono since its establishment in 1896 to create a rich and comfortable urban environment. Boasting more than a century’s worth of confidence, as a member of society we aim to realize asustainable society and improve our corporate value by finding solutions to various social issues.

*Continuing Care Retirement Community (CCRC)A community where seniors can live an active and healthy live, interact with local residents, and receive nursing care when necessary.

Grapes Tsujido Nishikaigan was opened on October 20, 2016. This is the launch of a model case for the Continuing Care Retirement Community (CCRC) that Tokyo Tatemono Group aims to build. The goal is to contribute to interactions between Grapes Tsujido Nishikaigan and the existing community.

1. A community for active and healthy seniors2. Continue to live in the same community even after they require nursing care3. Interaction with local residents (people of various ages) and cooperation with

local facilities (hospitals)4. A place where seniors can live their own life as they wish

We are not looking to form a new community. The importance of our goal is that we aim to expand the existing

community to seamlessly form a sustainable community

(6) CSR InitiativesIII. Reference Material


MEMO

Documents

Presentation Material · Tokyo Tatemono Co., Ltd All Rights Reserved. 4 • Revenue and operating income fell year-on-year due to a decline in the number of condo sales posted