Examples of Our Value Creation Model
Example [1] Urban Redevelopment

Sustainable urban development to improve disaster
preparedness and revitalize the community
Major issues with dense congregations of wooden houses in urban areas
Improve disaster preparedness of the community
Improve infrastructure (Installing wider roads, eliminating large differences inelevation etc.)
Improve BCP compliance (seismic isolation and damping systems, emergency
power generation equipment etc.)
Make eco-friendly with high-performance, energy-saving equipment
Install highly eco-friendly equipment, greatly reducing CO2 emissions andwater usage per unit
Create new liveliness and strengthen community ties
Multi-purpose uses, fostering diversity and interaction
Provide open spaces for community building and as a disaster-prevention base• Low earthquake resistance• High disaster risk with narrow streets• Low land utilization

Through
redevelopment:• Diminished community vitality, etc.

Example Osaki Garden City■ Key points of the Osaki Garden City redevelopment project▪️ Formulation of a complex urban area and the development of urban functions around the station▪️ Development of a safe and secure community with enhanced disaster-prevention functions, throughthe elimination of a densely built-up area of wooden houses and widening of narrow streets▪️ Realizing universal design by eliminating the large difference in elevation of the site▪️ Spacious green open public spaces covering some 8,000m2 to facilitate community building
and serve as a disaster-prevention base▪️ Widening and improving a transportation route connecting Shinagawa City Hall, which willserve as the disaster control center (roads to be cleared in an emergency)▪️ Promoting energy-saving efforts through the adoption of state-of-the-art highly efficient facilities

Unlike other major developers in Japan, we started with a mere three buildings in 1949 following the breakup of the conglomerates and it was only
from the 1970s that we made our full entry into the business of developing office buildings in central Tokyo. Therefore, instead of reconstructing
buildings we owned or purchasing sites through competitive bidding, we focused on a redevelopment method by integrating multiple small parcels ofland into a larger scale through persistent efforts, to maximize the site value. In this way, we continued developing superior assets, expanding ourbusiness platform and increasing our corporate value. In particular, through redevelopment pursuant to the Urban Renewal Act that requires theformation of a consensus among multiple landowners, and consultations with the authorities, we have contributed to improvement of the city
infrastructure including disaster-prevention functions by eliminating densely built-up areas of wooden houses and widening narrow streets, as well as to
the revitalization of the community.

Block A

Block B

Principal purpose

Office, retail, etc.

Residence (423 units), office, etc.

Site area (30,080m2)

19,927m2

10,153m2

Gross floor area (219,565m2)

178,141m2

41,424m2

Floor area ratio

Approx. 780％

Approx. 250％

No. of floors

24 above ground, 2 below ground,2 rooftop floors,

22 above ground, 2 below ground,1 rooftop floor

1

1 Enhancement of disaster preparedness by eliminating the area

2

■ Redevelopment under the Urban Renewal Act
The Urban Renewal Act of Japan was enacted in 1969 toensure the effective utilization of land through theimprovement of the densely populated urban areas in an
integrated and comprehensive manner. Through thecommunal use of small parcels of land and thedevelopment of public facilities such as parks and roads,
it enables buildings to be rebuilt into high-rise structures,significantly increasing the floor area. The landowners
acquire floor space in the redeveloped building
commensurate with the value of the land or building prior
to redevelopment and the developer (the Company)
covers the project funds including the construction costs
and acquires the remaining floor space.

XA
D
B

CC

BLand

A

D

3

DC

BLandABCD

Before redevelopment

After redevelopment

ABCD: Rights holders

X: Developer

overcrowded with wooden houses and narrow streets
The site used to be a densely built-up area with wooden houses exposed to high risk offire and the streets were narrow, making it difficult for emergency vehicles to enter thearea. The redevelopment realized a safe and secure community through improvement ofroads around the site to ensure safety for the pedestrians and to allow the smooth flowof vehicles as well as fireproofing the buildings.
2 Promotion of universal design of the area by eliminating a large

difference in elevation
The site used to have a difference in elevation as large as eight meters and experienced
land collapse. The project created a landscape design with gentle undulations andeliminated the large difference in elevation. It also built stairs and installed elevatorsconnecting the area with the surrounding downtown area and the station to allow
everyone to move easily.

Building

Building■ City development to tackle the challenges facing
the communityX* There are two types of urban-redevelopment projects: The Type 1 Urban-Redevelopment Project based on the right conversion method without land acquisition and the Type 2 Urban-Redevelopment Project that involves land acquisition.
Type 2 Urban-Redevelopment Projects are permitted in urgent situations such as for areas where disasters are imminent and are executed by local governments, rather than individuals or associations, over a relatively short period of time.

3 Creating open space for interaction among the community and as adisaster-prevention base
The site used to be an industrial area with little greenery and lacked places for people togather due to a densely built-up area of housing. Through the redevelopment, spacious
green open public spaces covering some 8,000m2 were created, encouraging interaction
among the people and bringing liveliness in the community, as well as serving as adisaster-prevention base in the event of an emergency.

Examples of Our Value Creation Model
Example [1] Urban Redevelopment

Redevelopment together with the community
Our redevelopment projects emphasize the connections with the community even after the completion. We also focus on area management tofurther improve the value of the area and give it a lively atmosphere through various initiatives such as holding events utilizing its public open
spaces to revitalize the community.

Events held in the past
Osaki Garden CityCommunity building through cherry blossoms viewing

Example Iidabashi Area
We improved the disaster preparedness of the area by eliminating densely built-up areas of wooden houses and building fireproof and earthquakeresistant buildings. We also took advantage of the intensive land use afforded by the central location and built large-scale buildings with office spaces as
the core of the redevelopment, while also allowing for mixed uses such as residences, retail and multipurpose halls all under one roof. In this way, we
consecutively achieved two redevelopment projects to revitalize the community by attracting new workers, residents and visitors.

Sumitomo Fudosan Iidabashi First Tower

Planting “Satogaeri (homecoming) cherry trees from Washington DC”
which are related to the area

Main building

Sumitomo Fudosan
Iidabashi First Building

Sumitomo Fudosan
Iidabashi First Tower

Completion

March 2000

April 2010

Gross floor area(approx.)

62,900m2

78,400m2

Purposes

Office, residence, retail

Office, residence, retail, multipurpose hall

Annual disaster drills jointly held with the Koraku Community
AssociationIZUMI GARDEN

Cherry Blossom Festival

Cherry Trees IlluminatedMarche’ Event

Redevelopment under the Urban Renewal Act - Major projects completed and planned
Project area

Shukugawa Station Front No.1
Nishi-kanda 3-chome North-east
Nakanosakaue Chuo 1-chome West
Koraku 2-chome East
Roppongi 1-chome West
Nishi-shinjuku 6-chome South
Nishi-kanda 3-chome North-west
Mita Koyamacho East
Osaki Station West Gate Central
Nishi-shinjuku 6-chome West No.6
Kakyoin 1-chome No.1
Koraku 2-chome WestHachioji Station South Gate
Nishi-shinjuku 8-chome Naruko
Ageo Nakasendo East
Asahi-dori 4-chome
Roppongi 3-chome East
Hiroshima Station South Gate B Block
Kokubunji Station North Gate
Nishi-shinagawa 1-chomeOi 1-chome South No.1
Kanda-neribeicho
Tokorozawa Station West Gate North
Musashi-koyama Ekimae-dori
Mita 3- and 4-chome
Nishi-shinjuku 5-chome North
Nakano 2-chome

Main building

Location

Shukugawa Green Town
Chiyoda First Building East
Sumitomo Nakanosakaue Building
Sumitomo Fudosan Iidabashi First Building
Izumi Garden Tower
Sumitomo Fudosan Shinjuku Oak Tower
Chiyoda First Building West
City Tower Azabujuban
Osaki West City Towers
Central Park Tower La Tour Shinjuku
City Tower Sendai Kakyoin
Sumitomo Fudosan Iidabashi First Tower
Southern Sky Tower Hachioji
Sumitomo Fudosan Shinjuku Grand Tower
City Tower Ageo Ekimae
City Tower Kobe Sannomiya
Sumitomo Fudosan Roppongi Grand Tower
City Tower Hiroshima
City Tower Kokubunji The Twin
Sumitomo Fudosan Osaki Garden Tower
City Tower Oimachi
Sumitomo Fudosan Akihabara Ekimae Building
City Tower Tokorozawa Classy
City Tower Musashi-koyama(Tentative name) Tokyo Mita Redevelopment Project(Tentative name) Nishi-shinjuku 5-chome Kita Project(Tentative name) Nakano 2-chome Project

Nishinomiya, Hyogo
Chiyoda Ward, Tokyo
Nakano Ward, Tokyo
Bunkyo Ward, Tokyo
Minato Ward, Tokyo
Shinjuku Ward, Tokyo
Chiyoda Ward, Tokyo
Minato Ward, Tokyo
Shinagawa Ward, Tokyo
Shinjuku Ward, Tokyo
Sendai, Miyagi
Bunkyo Ward, Tokyo
Hachioji, Tokyo
Shinjuku Ward, TokyoAgeo, Saitama
Kobe, Hyogo
Minato Ward, Tokyo
Hiroshima, Hiroshima
Kokubunji, Tokyo
Shinagawa Ward, Tokyo
Shinagawa Ward, TokyoChiyoda Ward, Tokyo
Tokorozawa, Saitama
Shinagawa Ward, Tokyo
Minato Ward, Tokyo
Shinjuku Ward, Tokyo
Nakano Ward, Tokyo

Gross floor area
m2 (approx.)

33,40038,80036,60062,900208,400
163,100
63,40064,600129,100
153,500
25,40078,40099,800179,800
39,90092,900210,500
125,500
93,200222,000
60,60030,80038,50053,500228,800
137,300
99,000(As of March 31, 2021)
Main purposes

Completion

Residence・Retail・Office
Office・Residence・Retail
Office・Residence・Retail
Office・Residence・Retail
Office・Residence・Retail
Office・Residence・Retail
Office・Residence・RetailResidence
Residence・Office・RetailResidence・Office・Retail・Multipurpose hall
Residence・Retail・OfficeOffice・Residence・Retail・Multipurpose hallResidence・Office・Retai
Office・Residence・Retail・Multipurpose hall
Residence・Office・RetailResidence・Hotel・Retail
Office・Residence・Retail・Multipurpose hall
Residence・Retail・Office
Residence・Retail・Office
Office・Residence・RetailResidence・Retail
Office・Residence・RetailResidence・RetailResidence・Retail
Office・Residence・RetailResidence・Office・Retail
Office・Residence・RetailNov 1977
Oct 1998
Apr 1999
Mar 2000
Oct 2002
Nov 2002
Jan 2004
May 2009
Aug 2009
Mar 2010
Mar 2010
Apr 2010
Nov 2010
Dec 2011
Dec 2012
Mar 2013
Oct 2016
Aug 2016
Mar 2018
Aug 2018
Jul 2019
Aug 2019
May 2021
Jun 2021
FY2022(expected)
FY2022(expected)
FY2023(expected)

Example Roppongi AreaWe completed the IZUMI GARDEN large urban block consisting of two large-scale, mixed-use developments in the area lying east side and west side of
the Roppongi-itchome Station, connecting the areas from Roppongi to Kamiyacho. It covers an area of approx. 6 hectares and comprises offices,residences, retail facilities, a hotel, multipurpose halls, a museum, etc. and will become a new base to encourage the development of the localcommunity.

Main building

Sumitomo Fudosan
Roppongi Grand Tower

Izumi Garden Tower

Completion

October 2016

October 2002

Gross floor area
(approx.)210,500m2

208,400m2

Purposes

Office, residence, retail, multipurpose hall

Office, residence, hotel, retail, museum,multipurpose hall