TOEI NEW WAVE 2033
The Toei Group's Medium-to Long-Term VisionTOEI COMPANY,LTD.

The 70-Year History of the Toei Group
70 years of consistent and ongoing film production,embracing changes in the world and adapting to new media

Highest annual box-office revenue
in the history of the Toei Group

Super Sentai

Kamen Rider

Pretty Cure

Diverse IP strategy
Toei Kyoto Studio Park

Golden age ofJapanese cinema
200 films produced
in-house each year

1972
Entry into the real estateand special event
businesses

Dragon Ball

Year ending
March 31,2023
2001
Entry into the streaming business

1970Entry into the home video business
1958
Expansion to television shows
Birth of Toei with movies
as its mainstay business

1951

Key Hunter

Front of the main entrance ofthe Toei Kyoto Studio© TOEI COMPANY,LTD. All Rights Reserved.

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The Toei Group'sMission

Fill the world with stories
that bring people joy
In a changing world and evolving media landscape,the Toei Group will continue to create and deliver stories that nourish the soul.

© TOEI COMPANY,LTD. All Rights Reserved.

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TOEI COMPANY,LTD.

The Toei Group's Strengths

Toei's strengths lie in its planning and production capabilities that are the engine for creating adiverse and appealing visual content, and in its multi-use approach that maximizes revenue as an IPholder.
PlanningProduction

Distribution

Multi-Use Rollout

Planning and Production Capabilities
Planning capabilities that have given birth
to diverse and appealing content including
hit series

Japan's leading film production infrastructure

Developing the multi-use ofcontent as an IP holder• Theatrical films

Over 4,400• Television showsOver 38,000• One-stop system from shooting to postproduction• Capability for multi-channel coverage,from movie theaters to television andonline streaming• Streaming content

Over 600

Shooting

Post-Production

Animation
Distribution

Original productions

Streaming

TV broadcastingBox office

Adaptations
DVD Blu-ray
Tokyo Studios

Toei Digital Center

Kyoto Studios

Toei Labo Tech Co., Ltd.

Oizumi StudioGame
adaptation

Character shows and exhibitsStage
adaptation

T-Joy Co., Ltd.

Overseasdevelopment

Toei Online Store

Merchandising

Toei Tokusatsu
YouTube channel© TOEI COMPANY,LTD. All Rights Reserved.

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TOEI COMPANY,LTD.

The Toei Group's Strengths
Expanding points of contact with our IP
through a cycle of planning to multi-use rollouts
Maximizing revenue by boosting the recognition of content
and developing fans

Revenuemaximization

Boosting IPrecognitionand creating fans

Planning

Production

Multi-use
Planning
Production

Increased points of contact

Multi-use

Conceptual image of revenue for each title
Multi-channel rollout of hit titles to maximize per-title revenue

Distribution and box office

TV broadcasting,streaming, video games,
merchandise, events, etc...

Primary Use

Secondary and Tertiary Use(multi-use)

Conceptual image of companywide revenue
Maximization of company revenue by accumulating revenue
from multi-channel developed hit titles

Title 6
Title 5
Title 4
Title 3

IPTitle 2
Title 1© TOEI COMPANY,LTD. All Rights Reserved.

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TOEI COMPANY,LTD.

The Toei Group's Medium- to Long-Term Vision 2033

Corporate Vision

To the World, To the Future– To be a company that colors the world and the futurewith the power of our stories –The stories that captivated us as children stay with us over the years and continue to tug at our hearts.

We believe that exciting stories should be shared not only in Japan but around the world.
In 2033, the Toei Group will evolve into a corporate entity that colors the futurewith our stories that fascinate the world.

© TOEI COMPANY,LTD. All Rights Reserved.

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TOEI COMPANY,LTD.

Business Environment and Our Challenges

Business Environment
Expected changes in business environment• The content industry is expected to grow worldwide

Required strategy
Further expansion of content• Global platform operators have emerged• Production of original content• Development of titles with a focus on global distribution• Consumer needs and communication media arebecoming more diverse• Further expansion of multi-use rollouts

Our Challenges

To formulate a medium- to long-term growth strategy seeing changes as opportunities
1. Enhance the IP portfolio by bolstering the ability to create new original IPs
2. Accelerate the global rollout of IPs and maximize revenue per IP by promoting the multi-use of IPs inJapan and overseas
3. Lengthen the IP lifecycle to achieve sustainable growth© TOEI COMPANY,LTD. All Rights Reserved.

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TOEI COMPANY,LTD.

Vision in Ten Years

2033
Create and distribute a wide range ofcontent loved all over the world

2026 2023 -Establish infrastructure to createand distribute global content for
both live action and animated titles

Proactively invest in planningand production capabilities(IP creation capabilities) andhuman resources to achieve
further growth

FurtherInvestment

Payback period

Implementation period
Investment period
2023

2028

2033
© TOEI COMPANY,LTD. All Rights Reserved.

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Growth Strategy for Our Medium- to Long-term Vision
TOEI NEW WAVE 2033

TOEI COMPANY,LTD.

Strengthen and expand the live action and animated video content businesses and accelerate globalexpansion
Global Markets

Creation of Global Content
in Each Territory

Expansion of Overseas Sales

English-speaking world

Asian countries

American production

ExportPhilippines production

RebootIP

Domestic Markets

Creation

Reimportation
Increase
IP value

Strengthening and expansion ofthe domestic video business

Domestic rollout of global content

Domestic planning and production

Overseas planning and production© TOEI COMPANY,LTD. All Rights Reserved.

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Key Strategies for the Medium- to Long-term Vision
TOEI NEW WAVE 2033

1

Maximizing visual content business revenue

2

Accelerate global rollout of content

3

Increase investment in human capitalto strengthen visual content business

4

Reinforcing the management foundations
that support sustainable challenges and growth

TOEI COMPANY,LTD.

© TOEI COMPANY,LTD. All Rights Reserved.

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1Maximizing Visual Content Business Revenue:(1) Strengthening Planning and Production Capabilities

TOEI COMPANY,LTD.

Increasing the number of new IPs createdEnhancing IPs originating from Toei
1. Creating major titles

2. Creating ambitious titles• Live action: 2 titles per year
(create 1 title each at Tokyo Studios and Kyoto Studios)
Animation: at least 1 title per year
• Aim to earn at least 3 billion yen in box-office revenue per titlein Japan• Creation of major titles aimed at the global market• Provide opportunities for young creators• Aim to win film awards in Japan andoverseas• Actively pursue experimental endeavors

Strengthening the organizational
structure and human resources• New establishment of a motion
picture programming department (2022)• Increasing the number of producers
domestically and overseas (2022 ~)• Developing a marketing-focusedorganization (2023 ~)External coordination• Collaborating with partner companies
in Japan and overseas
Animation production, streaming service
operators, festival organizers, etc.

• Collaborating with talented creators

Investment in visual content production sites(Tokyo Studios, Kyoto Studios, Animation Studio)• Introducing cutting-edge technologies such as virtualproduction, digital humans, and production process
automation through AI
Virtual production

Test shoot

Digital human

Image of finished shot
© TOEI COMPANY,LTD. All Rights Reserved.

1

Maximizing Visual Content Business Revenue:(2) Promoting the Multi-Use of Content

TOEI COMPANY,LTD.

Further expand target media and markets

Maximizing multi-use channel
Development of new channels:
Streaming in Japan and overseas, video games, expansion into the metaverse, etc.

Creating titles that enable multi-use• Securing secondary usage and operating rights-Raise investment stake to create original titles

Strengthening sales capabilities• Cultivate and retain human resources that will flourish in Japan and overseas-Gain unique sales expertise through knowledge of the huge catalog of in-house content(production committee system films)

Secure rights to original titles

Enable multi-use© TOEI COMPANY,LTD. All Rights Reserved.

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1

Maximizing Visual Content Business Revenue:(3) Lengthening the IP Lifecycle

TOEI COMPANY,LTD.

Evergreen Marketing StrategyExpand points of contact with past titles and maintain recognition levels through a range of measures including cinema rereleases, television re-runs, streaming, remakes, the development of multimedia content and merchandise.
Then create second and third-generation fans, forging connections into the future.

Creation of popular content

Developing evergreen content
Creating second- and third-generation fans
Showa Masked Rider (series adaptation)

Kamen Rider Heisei Generations

Kamen Rider W

Masked Rider

1st generation

Development of multi-media content and merchandise

Heisei Kamen Rider (remake)Events

2nd generation

Merchandise

ComicsAnimations

Stageproductions

3rd generation

Points of contact with fans
Cinema re-releases and television re-runs, archive streaming, events, remakes© TOEI COMPANY,LTD. All Rights Reserved.

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2

TOEI COMPANY,LTD.

Accelerate Global Rollout of Content

Initiatives• Collaborations with local companies

Target Regions
Cultivating fans overseas(Creation of localized and original titles)

Live action
Primary target: Asia and Latin America
Secondary target:: North America and Europe

Animations
Worldwide

VOLTES V LEGACY

The Journey

Spicy Candy

Produced and aired by Philippines based terrestrial
broadcast station GMA NETWORKJoint production with local
Saudi Arabian company

Produced by TOEI ANIMATION(SHANGHAI) ENTERPRISESCO., LTD., a joint venturewith a Chinese partner• Joint development and worldwide expansion
with major global players

KAMEN RIDER x SUPER SENTAILIVE & SHOW
Streaming of live performance featuring songs
overseas from "tokusatsu" special effectsheavy film and TV programs

Building a worldwidenetwork• Creating group synergy in fivelocations around the world• Acquiring a global workforce including
local hiring

Knights of the ZodiacKamen Rider Black Sun(working title)

Amazon Prime Video
Worldwide streaming

Worldwide release

The Monkey Prince (working title)
Joint production between Japan,
the United States and China© TOEI COMPANY,LTD. All Rights Reserved.

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3Increase investment in human capitalto strengthen Visual Content Business
Hiring, Placement / Development

TOEI COMPANY,LTD.

Evaluation, Compensation / Environment• Expansion of mid-career hiring• Building a comfortable work environment(Creative personnel, global personnel, expert personnel)• Respect training for filming locations• Local hiring of personnel overseas, rotations• Cultivating junior employees through ambitious titles• Cultivating animators through Sakuga Academy• Sharing best practices• Expansion of competence development programs
based on individual and organizational roles• Upgrades to state-of-the-art video equipment• Fair and effective personnel evaluations• Appropriate wage and compensation systems• Commendation system to motivate employees

Harnessing the power of individuality and diversity
for the growth of the Toei Group

Further development of planning, production,and multi-use capabilities© TOEI COMPANY,LTD. All Rights Reserved.

154Reinforcing the Management Foundations That Support Sustainable Challenges
and Growth: (1) Investment Strategy to Strengthen Business Foundations
Investments in production facilities• Proactive investment to strengthen planning and production
capabilities (IP creation capabilities)
Virtual production

TOEI COMPANY,LTD.

Investments in real estate• Stable sources of revenue to support the highly volatile visualcontent business• Increase value of currently owned properties / maximizing earnings
and acquiring new properties, etc.
• Aim to double operating profit in ten years

Production of backgrounds using 3DCG
Existing properties (approx. 20 properties)•Redevelopment of the Kyoto Uzumasa area (Kyoto Studios) andOizumi area (Tokyo Studios)(dealing with aging facilities)
Kyoto Uzumasa area

Oizumi area

Shinjuku 3-Chome
East Building

Shibuya Toei Plaza

Fukuoka Toei Hotel© TOEI COMPANY,LTD. All Rights Reserved.

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4

Reinforcing the Management Foundations That Support Sustainable
Challenges and Growth: (2) Strengthening Corporate Governance

TOEI COMPANY,LTD.

Strengthening corporate governance to achieve sustainable growth andmedium-to-long-term improvements in corporate value
Transition to a company with an Audit and Supervisory Committee• Transitioned with the aim of improving transparency and supervisory functions in management and ensuring fairness• Delegation of authority for making decisions on the execution of important business matters to enable swift decisionmaking and more in-depth strategic discussions

June 2022
Introduction of a performance-based stock remuneration system for directors, etc.
• Introduced a performance-based stock remuneration system to clarify links between director compensation, businessperformance, and shareholder value

Established voluntary Nomination and Compensation Committee
December 2022

• Established with the aim of ensuring fairness and transparency in the nomination and compensation of directors• Further enhance governance functions by strengthening objectivity and accountability when making decisions onnomination, compensation, etc.

© TOEI COMPANY,LTD. All Rights Reserved.

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Reinforcing the Management Foundations that Support Sustainable
Challenges and Growth: (3) Sustainability Initiatives

4

TOEI COMPANY,LTD.

Sustainability Policy
The Toei Group has declared the mission of "Fill the world with stories that bring people joy" and views the realization of a sustainable
society and the enhancement of the Group's medium-to-long-term corporate value as inseparable goals. Accordingly, we will identify
materiality and work to address these goals.

Some of our major ESG initiatives

Sustainability promotion system

Environment• Establishment of eco-friendly studios, research into visual content
production workflow• Making offices and movie theaters paperless and utilizing eco-friendly
resources

Board of Directors

Sustainability Committee

GovernanceSocialInternal Control Committee• Conducting respect training at production sites• Creating a thriving work environment for all employees• Initiatives to produce educational videos• Activities to contribute to Kyoto film(period drama) culture

Governance• Listed on previous page

Environment

SocialCompliance Committee

Subcommittee torespond to TCFD
recommendations

Human capitalmanagement
subcommittee
D&I promotion
subcommittee

Risk Management Committee
Harassment Committee© TOEI COMPANY,LTD. All Rights Reserved.

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4

Reinforcing the Management Foundations That Support Sustainable
Challenges and Growth: (4) Capital and Financial Strategies

TOEI COMPANY,LTD.

Capital allocation and capital & finance strategy•Allocate free cash flow to growth investments with priority, focusing on key strategies

Growth investment in the Toei Group
towards 2033 (planned)- Content investments (including production costs)
240 billion yen- Investments in strengthening business foundation 60 billion yen
Break down: Investments in production facilities 36 billion yen
Investments in real estate 24 billion yen• Prioritize debt financing for major investment projects, in light of our financial base and the financing environment• Consider and maintain optimal capital structure in order to improve ROE

Shareholder return policy• Recognizing the importance of returning profits to shareholders in a stable ongoing manner given the high volatilityof our business: IP development, etc.
• We also pay special dividends based on business performance in a flexible manner© TOEI COMPANY,LTD. All Rights Reserved.

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TOEI COMPANY,LTD.

Revenue Image Ten Years from Now
Promoting the globalization of the IP cycle: planning to multi-use rollouts
Aiming to improve top line and baseline profit, particularly overseas
Image of the breakdown of sales

Key performance targets

Sales ratio
Overseas 50%
Operating profit (baseline)
25 - 40 billion yen

Overseas
sales ratio:
50%

Overseas
sales ratio:
approx. 30%

Overseas

Domestic

ROE

8% or more
2023/Mar.

2033/Mar.

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TOEI COMPANY,LTD.

Cautionary Statement
コーポレート・ビジョン
This document is intended to provide information helping shareholders, investors
and other stakeholders understand the business activities, management policies andplans, financial condition and other matters concerning TOEI COMPANY, LTD.(the"Company") and its affiliated companies. This document constitutes neither an offer
nor a solicitation for the purchase or sale of the Company's shares or any otherinvestments.
Investors are requested to make investment decisions based on their own judgment
and at their own responsibilities.

©Central Arts ©TOEI VIDEO ©ISHIMORI PRODUCTION INC. and TOEI COMPANY, LTD. All Rights Reserved. ©KAMEN RIDER BLACK SUN PROJECT ©2022 ISHIMORI PRO, TV ASAHI, ADKEM, TOEI©TV ASAHI, TOEI AG, TOEI ©2022 Delicious Party Pretty Cure the Movie Production Committee ©BIRD STUDIO/SHUEISHA ©2022 DRAGON BALL SUPER the Movie Production Committee©I.T. Planning. Inc. ©2022 The First Slam Dunk Film Partners ⓒ2023 THE LEGEND & BUTTERFLY Production Committee ©Eiichiro Oda/2022 One Piece Production Committee ©1958 TOEI COMPANY,LTD.
© 1975 TOEI COMPANY, LTD. © 1971 TOEI COMPANY, LTD. ©2018 SAKURA GUARDIAN IN THE NORTH Production Committee ©TV ASAHI, TOEI©ISHIMORI PRODUCTION INC. TOEI COMPANY, LTD. /2023 Shin Kamen Rider Film Partners ©2022 KAMEN RIDER GEATS ×REVICE MOVIE BATTLE ROYAL Production Committee.
©Naoko Takeuchi/PNP/Pretty Guardian Sailor Moon Cosmos The Movie Production Committee ©New Movie From Ge-Ge-Ge no Kitaro Series Production Committee©2021 KAMEN RIDER BEYOND GENERATIONS Production Committee. © 2022 OX-HEAD VILLAGE Production Committee 「VOLTES V LEGACY」©TOEI CO.LTD, Telesuccess All Rights Reserved© SCG Power Rangers LLC and Hasbro. ©Toei Company, Ltd. ©2017 LionsGate TM＆ © Toei & SCG P.R. ©2023 TOEI ANIMATION CO., Ltd. ©2014 TOEI VIDEO COMPANY, LTD. ©Toei/Toei Animation©ISHIMORI PRO./TOEI ©BIRD STUDIO/SHUEISHA, TOEI ANIMATION ©Bandai Namco Entertainment Inc © 2020 HOWLING VILLAGE Production Committee ©2019 F/T/T ©Toei Animation© 2005 YAMATO Production Committee © 1969 TOEI COMPANY, LTD. © 1973 TOEI COMPANY, LTD. © 1986 TOEI COMPANY, LTD. ©2018 KAMEN RIDER HEISEI GENERATIONS FOREVER Production Committee.
©2022 FUUTO PI Partners ©FUUTO PI The STAGE Partners ©Manga Productions © Spicy Candy Project Committee ©Monkey Prince Kingdom ©ISHIMORI PRO./TV ASAHI/ADK EM/TOEI AG/TOEI©2023映画「翔んで埼玉」製作委員会 ©Aya Nakahara/SHUEISHA ©2023 ADULTHOOD FRIENDS Film Partners ©2023 IMMERSION Production Committee ©BNOI/IDOLiSH7 the Movie Project ©N/K ©2023RLFP©2023「Gメン」製作委員会 ©小沢としお(秋田書店)2015 ©2023 “The Forbidden Play”Film Partners ©Toei Animation. All Rights Reserved©ISHIMORI PRO./TV ASAHI/ADK EM/TOEI ©TOEI/TOEI VIDEO/ISHIMORI PRO. © ISHIMORI PRO./TOEI © T・T・T ©Yudetamago, Toei Animation© TOEI COMPANY,LTD. All Rights Reserved.

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TOEI COMPANY,LTD.

Reference Information© TOEI COMPANY,LTD. All Rights Reserved.

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TOEI COMPANY,LTD.

Perspective: The Toei Group's Medium- to Long-Term Vision

To the World , To the Future

Corporate Vision 2033

– To be a company that colors the world and the future with the power of our stories –Establish infrastructure to create and distribute global contentfor both live action and animated titles

To be in 2026

Our strengths

Strategy for growth

Planning and production capabilities

Strengthen and expand the live action and animated video content businesses andaccelerate global expansion
1

Maximizing visual content business revenue

1. Strengthening planning and production capabilities
2. Promoting the multi-use of content
3. Lengthening the IP lifecycle

Key Strategies for themedium- to long-term
visionMulti-use rollouts

2

Accelerate global rollout of content

1. Joint development and worldwide expansion with major globalplayers
2. Collaborations with local companies

3

Increase investment in human capital to strengthen Visual Content Business

4

Reinforcing the management foundations that support sustainable challenges and growth
1.
2.
3.
4.

Investment strategy to strengthen business foundations
Strengthening corporate governance
Sustainability initiatives
Capital and financial strategies

23© TOEI COMPANY,LTD. All Rights Reserved.

TOEI COMPANY,LTD.

Upcoming works- Theatrical Film

Knights of the Zodiac(working title）
SHIN MASKED RIDER

ADULTHOOD FRIENDSREVOLVER LILY

Ｇ-MEN(working title)(working title)

IMMERSION
IDOLiSH7 the Movie

Pretty Guardian Sailor Moon
Cosmos The Movie（in two parts）(working title)

THE FORBIDDEN PLAY

The commemorative movie ofPretty Cure 20th(working title)

New Movie From Ge-Ge-Ge noKitaro Series

FLY ME TO THE SAITAMA PART Ⅱ(working title）© TOEI COMPANY,LTD. All Rights Reserved.

24Upcoming works- TV /Shows & Exhibitions

OHSAMASENTAITOEI COMPANY,LTD.

KING-OHGER

KAMEN RIDER 50 YEARSEXHIBITION

AVATARO SENTAI DONBROTHERSFINAL LIVE TOUR 2023

Kamen Rider GEATSAIBOU(Partners) season21

SUPER KINNIKUMAN
EXHIBITIONTOEI MOVIE × STAGE"BAKUMATSU WITHOUT HONOR AND HUMANITY " (working title）© TOEI COMPANY,LTD. All Rights Reserved.

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