Governance System

While effectively utilizing the value chain of the TOKYU FUDOSAN HOLDINGS Group, we maintain and improve the governance system to emphasize unitholder value, by developing a decision-making flow in asset management for impartiality and by aligning the interests of unitholders with those of TOKYU LAND CORPORATION.

Decision-making flow in acquisition of assets

The Asset Management Company ensures impartiality in decision-making by inviting outside real-estate appraisers to the Investment Committee.

Decision-making flow in acquisition of assets

Aligning the interests of unitholders with those of TOKYU LAND CORPORATION

To serve the interests of both the Investment Corporation and TOKYU LAND CORPORATION, the Asset Management Company has received an announcement of the following intention from TOKYU LAND CORPORATION.

When listed Holding about 10% of the investment units issued by the Investment Corporation
TOKYU LAND CORPORATION will hold about 10% of the investment units issued before the listing by the Investment Corporation for five years after the listing.

(Note) The holdings through affiliates of TOKYU LAND CORPORATION are included.

TOKYU LAND CORPORATION will seriously consider purchasing, if the Investment Corporation issues additional investment units after the listing.