HEIWA REAL ESTATE GROUPOUR PURPOSE
March 29, 2024

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Heiwa Real Estate, born in the heart of Japan’s economic center, Kabutocho,
has brought vitality to securities districts nationwide, bridging generations.
Passing on the trust we have built, we strive to enrich the future by blending
our historical assets with new values. Through continuous Bazukuri, which
encompasses operations such as constructing buildings, and creating
community and opportunities, we aim to co-create areas where everyone
involved can find happiness. Together, we envision a vibrant world brimmingwith diversity. Whether it’s a workplace, a playground, or a place to unwind,
our commitment is to craft spaces that draw diverse individuals in, paving theway forward. Our goal is to enchant not just our customers and local
communities, but also to positively impact the future of our planet. With
“Peace!” as our motto, we endeavor to draw people in from all walks of lifeand spread peace to all. We are committed to pioneering the future fueled by
our forward-thinking mindset.

Enriching everyone’s future with Bazukuri that draws people in*Bazukuri includes operations such as construction of buildings, creation of community and opportunities.

©HEIWA REAL ESTATE GROUP

02Group Philosophy
Heiwa Real Estate Group Corporate Philosophy
Our Purpose

Enriching everyone’s futurewith Bazukuri that draws people inThis is the Group’s raison d'être. It articulates
the fundamental purpose and guiding
principles of our existence within society.

Long-term Vision “WAY 2040”

Pursue perpetual dynamic
growth to become the“Bazukuri Company”

This represents the Group’s vision.
It outlines the journey toward realizing OurPurpose and declares the kind of presence
we aspire to embody.

Our Values

Trust Forward thinking Co-creation

These are the shared values of the Group,
indicating what we hold dear and how we
conduct our business.

Basic Policy

Code of Conduct /Heiwa Real Estate Group Credo /Standards for Behavior

This forms the guideline for each officer andemployee of the Group to fulfill their social
responsibility with a high ethical standard.

©HEIWA REAL ESTATE GROUP

03Group Purpose
Heiwa Real Estate Group Purpose

Enriching everyone’s future with Bazukuri that draws people inOur aim is to enrich the future of all stakeholders.

Through continuous Bazukuri , we have infused vibrancy

This includes both material and spiritual prosperity.

into districts. The fundamental value shared across theWe are committed to continuously creating spaces where

Group’s work is drawing people in through diverse Bazukuri

everyone involved can enjoy this abundance.

endeavors. As a Group, we will embark on initiatives tocreate captivating living environments.

©HEIWA REAL ESTATE GROUP

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A Prosperous Future for All Stakeholders
BusinesspartnersCustomers

Employees

Localcommunities

Globalenvironment

Shareholders
and investors

Offices thatCommunities whereenhance creativity

Ideas are born

Distinctive storesfound nowhere else

Workplaces whereemployees can thrive

Bazukuri Company
Creating spaces that draw people inResidences thatenrich everyday life

Events withnew discoveries

Hotels that offer
Proposals for spaces

a fulfilling timethat pave the way
for future living©HEIWA REAL ESTATE GROUP

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Communication Icon
Hand sign

Our motto is“Peace! ”

Symbolizes people thriving

The hand sign once used atwithin a vibrant atmosphere,stock exchanges and thedrawn in by diverse Bazukuri

symbol of peace used in ourendeavors

company nameSource: “Tokyo Stock Exchange”( Property of the Chuo City Kyobashi Librarythat has been partially processed)

The value proposition of the Group lies in fostering positivity among
all stakeholders, symbolized by the peace sign
©HEIWA REAL ESTATE GROUP

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Our DNA
Nisshokan Building constructed on the former

1928 site of Eiichi Shibusawa’s* residence

1943 Japan Securities Exchange established❶❷1947 Heiwa Real Estate Co., Ltd. established* Eiichi Shibusawa is known as the “father of Japanese capitalism.”❸❹Notes: 1. A view of the Kabutocho securities district; 2. Tokyo Stock Exchange; 3. Kabutocho securities district; 4. Inside the Tokyo Stock Exchange ( Property of the Chuo City Kyobashi Library)©HEIWA REAL ESTATE GROUP

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Our History

20142000-1947-

Establishment phase:
Supporting the securities industry
Established as the owner of stock exchange buildings,
creating business foundations around the exchanges

Development phase:
Based on business diversification

A new phase of growthCommitted to redevelopment in NihonbashiKabutocho and Kayabacho, aiming to become acompany that contributes to revitalizing districts

Expanded leasing business assets, including ofices andcommercial properties, in additon to stock exchangebuildings, to strengthen revenue base

©K5

FinGATE KABUTO

HOTEL K5K5KABUTO ONE

Ichibancho Heiwa Building
CentRise Sakae
Tokyo Stock Exchange Building

Osaka Securities Exchange
Building

Kabutocho

1.0

Since the Meiji period, Eiichi Shibusawa
established Japan’s first bank and founded thestock exchange and numerous companies,
contributing to the growth of Japan’s economy.

KabutochoKabutocho

2.0

From the late 1980s to the early 2000s, stock
trading flourished, leading to the development ofa financial district that became one of the world's
three major stock markets.

3.0

The Revitalization Vision for Nihonbashi
Kabutocho has been announced with the aim ofcreating a district where people connect, andwhere investment and growth are born.

A center for financial startups
and unique commercial establishments

A hub of securities, finance,
and investment

An entrepreneurial district©HEIWA REAL ESTATE GROUP

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Long-term Vision “ WAY 2040”

Pursue perpetual dynamic growth tobecome the “Bazukuri Company”
Four Growth Strategies

Quantitative Targets

1. Expand redevelopment business

Deploy Bazukuri endeavorsthat draw people inthroughout Japan
3. Boost social value

Promote sustainability
initiatives

Our Vision

2. Cultivate profit growth while
enhancing capital efficiency

Expand leasing business, promotereinvestment by realizing gains
from property sales, andenter new business areas
Enhance

corporate
value throughsynergies

Consolidated operating profit ofat least ¥25 billion in 2040
Sustainable ROE exceeding
cost of capital

4. Strengthen business foundations

Maximize human capitalfor accelerated growthNet-zero greenhouse gas (GHG)
emissions by 2050
*1. Achieve around double the consolidated operating profit level in FY2023.
*2. The ROE target is set for each medium-term management plan.

©HEIWA REAL ESTATE GROUP

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Our Values
Trust

Forward thinking Co-creation

At the core of our business lies trust. Since

We are dedicated to creating new value with

New value arises through co-creation. We

our establishment, we have built up trust

a forward-thinking approach, meeting theenhance the value of our business andthrough our ownership of stock exchange

expectations of society. In an era of rapid

sustain growth by collaborating with diverse

buildings, and we remain committed tochange, we constantly contemplate and takestakeholders through partnerships andnurturing it into the future, driving

action toward shaping the future as wecooperation.

development for years to come.

envision it.

©HEIWA REAL ESTATE GROUP

Enriching everyone’s future with Bazukuri that draws people in