Index

Message from the President

FeatureEnvironmental Initiatives

Safety & Security Initiatives

Responding to Social Change

Community Involvement

Utilization of Human
Resource Assets

Improving Management System

BackFeature

Start of Childcare Business at Ohayo Child Care

Tokyo Tatemono established Tokyo Tatemono Kids Co., Ltd. together with the Global Group Corporation, which isexpanding businesses such as child care primarily in the Tokyo metropolitan area. Ohayo Child Care opened threechild care facilities as of April 2017 and five more as of April 2018. Tokyo Tatemono is the first major developer in theindustry to operate its own child care business. We will help a generation of double-income families raise their children
and contribute to the future of these children while also working to support regional exchange and child care in areas
where Ohayo Child Care facilities have opened.

Issue of Children on Waiting Lists
unique subsidy programs are increasing because the livabilityof this generation of children connects to enhancing household
structures and strengthen public finance in an aging society
for these municipalities. Moreover, the national governmentis expanding a variety of policies to encourage entry into thechildcare business as a way to accelerate action in society tosolve the issue of children on waiting lists for nursery schools.

The issue of children on waiting lists for nursery schools
due to a lack of childcare facilities is worsening as thepopulation becomes concentrated in urban areas andthe number of double-income families increases. Many
problems manifest as social issues due to the lack ofnursery schools, such as a delay of women returning towork because childcare is not available for their children.
In the backdrop of this insufficient increase in childcare
facilities, we find a lack of childcare professionals, theopposition of neighboring residents living in residential areas,
and the need for a system able to handle the evaluation
for injecting subsidies into the establishment as well as theoperation of facilities to make new entry into this field easier.
However, local governments introducing measures such as

Points related to the issue of children on waiting lists:· Many children on waiting lists are in large cities· Securing space for childcare facilities is difficultin urban areas· Entry into childcare by business operators is noteasy due to subsidy programs
4Index

Message from the President

FeatureEnvironmental Initiatives

Safety & Security Initiatives

Responding to Social Change

Community Involvement

Utilization of Human
Resource Assets

Improving Management System

BackOhayo Child Care Operated by Tokyo Tatemono Kids
In April 2017, Tokyo Tatemono Kids opened three Ohayo
Child Care facilities in Tokyo and Yokohama. In April
2018, Tokyo Tatemono Kids opened five additionalchildcare facilities. Based on the childcare philosophy
to nurture abilities to live fully, Ohayo Child Careteaches children to think for themselves and builds anenvironment for them to work independently.

Ohayo Child Care
Shiinamachi

Ohayo Child Care
Nishi-Sugamo

Ohayo Child Care Kameido

TokyoOhayo Child Care
Minami-Sunamachi

Ohayo Child Care
Omorimachi

Ohayo Child Care Mitsuzawa Shimocho
Ohayo Child Care Hanasakicho

Yokohama
CityOhayo Child Care
Yokohama Negishi

The Future of Ohayo Child Care

Ohayo Child Care
Nursery schools are thought to be the first place thatchildren interact with society. We want to nurture people
who are able to make the proper greeting that is mostimportant in social life. We hope everyone can start each
day invigorated by a greeting of "good morning" or "Ohayo"in Japanese. Ohayo Child Care will become a spiritualhome now and in the future with the hope of being a nurseryschool always loved by everyone. This is our passion.

Why is Tokyo Tatemono Engaged in the Childcare Business?
Our urban development not only erects buildings but also
forges an eternity of history, including the interaction withpeople in the local community.
We felt we could leverage our know-how to developand operate childcare facilities based on the belief thatchildcare facilities contribute to society for the people inthe community and for the future of the city. At the time
we started investigating our prospects, we earned theopportunity to gain investment from the Global Group that
operates the Global Kids nursery schools, which was amajor factor for Tokyo Tatemono to acquire know-how inthe childcare business.

This was our first endeavor in a human development
business, but management has come together with
teamwork thanks to the joint venture with the GlobalGroup.
Even in this social backdrop, we believed we could bringabout urban development, regional contributions, andcommunity interaction unique to the Tokyo TatemonoGroup as we received guidance about setting up
childcare facilities internally from government bodies
when developing buildings and residences.

5

Index

Message from the President

FeatureEnvironmental Initiatives

Safety & Security Initiatives

Responding to Social Change

Community Involvement

Utilization of Human
Resource Assets

Improving Management System

Back

Childcare Together with the Community
Tokyo Tatemono Kids and Ohayo Child Care operates
through a business planning department entrusted withduties from securing properties to opening facilities, achildcare planning department entrusted with operating
the nursery schools and hiring staff, and the staff at eachof the nursery schools. The nursery teachers, nurses,
cooks, part-time employees and the rest of the staff led
by the principal at each nursery school work in childcareby bringing originality to their school while valuing theOhayo Child Care philosophy.
We started by learning about the employment ofnursery teachers and educational techniques from theknow-how cultivated by Global Kids, which we had anaffiliate relationship with at first. We have also gradually
incorporated features unique to Tokyo Tatemono Kids.

The work environment of nursery school teachers is
generally known for being unforgiving, but Ohayo Child
Care will strive to prevent overwork and provide highquality childcare. The problem of noise is also often
talked about when opening a nursery school, but active
ongoing communication with everyone in the community
in addition to operational efforts, such as childcare
classes for families in neighboring households, are able
to maintain a good relationship with that community.
In this way, we are accumulating know-how in theoperation of nursery schools while hoping for synergy
with other Tokyo Tatemono businesses in the future. We
plan to open Ohayo Child Care facilities in various othercomplexes, such as the Brillia condominiums.

[Feature of Ohayo ChildCare]
The Hope of Warmth
Felt from Natural
Materials
Ohayo Child Care is particular
about using wooden materials
for the interior so that thechildren will feel the warmth of
the natural materials that theyare interacting with on a daily
basis. From the softness tothe touch and fragrance of thenatural wood, we are passionate
in our desire for children to touch
genuine wood as their senses
blossom.

VOICE ｜ From an On-site Childcare Professional

VOICE ｜ From Tokyo Tatemono Kids

I work with twenty children from newborns to two-year
old toddlers at Ohayo Child Care Kameido. One distinct
characteristic of Ohayo Child Care is the small size whichallows us to work closely with each and every child. We
also accept children who have a foreign nationality. We
respect each of their cultural differences and take care tostay in close contact with their guardians.

One year has passed since we opened, but we always keep inmind that it is us building the nursery schools. We work to cultivateeven greater solidarity while facilitating communication between
the staff, the nursery schools, and the head office. I am gratefulfor the thanks and praise from parents and local governments that
we have received in the one year since opening. The principals
and the rest of the staff are coming up with and gather positive
ideas to further bring out the originality of Ohayo Child Care. In thefuture, we will operate our nurseryschools better than ever and I hope
we will contribute building a local
community able to support people inraising children from every direction.

Miwako Ono

Akinobu InomataPrincipal
Ohayo Child Care Kameido

Area Manager
Tokyo Tatemono Kids6