June 21, 2021
FOR IMMEDIATE RELEASE
Activia Properties Inc.
21-1, Dogenzaka 1-chome, Shibuya-ku, Tokyo
Kazushi Sato
Executive Director(Code: 3279)
Asset Management Company
TLC REIT Management Inc.
Hiroyuki Tohmata
President & CEOInquiries
Kazuyuki Murayama
General Manager of Strategy Department
Activia Management Division(Tel: +81-3-6455-3377)

Notice Concerning Change of President & CEO and Appointment of Chairman and Directorsof the Asset Management Company
Activia Properties Inc. (“API”) announces that, TLC REIT Management Inc. (“TRM”), to which API entrusts its asset
management operations, decided at the Board of Directors held today to submit a proposal to the general shareholders’meeting to be held on June 30, 2021 to elect two new directors.
At the Board of Directors to be held on the same day as the above-stated general shareholders’ meeting, Masaoki
Kanematsu who will be newly appointed to a Director will be proposed as a candidate for President & CEO of TRM, andHiroyuki Tohmata, the present President & CEO will be proposed as a candidate for Chairman of TRM.
Details are as follows:
1.

Change of President & CEO of TRM
Position

Newly appointedResigning(to be effective as of July 1, 2021)(to be effective as of June 30, 2021)

Masaoki Kanematsu

Hiroyuki Tohmata

President & CEO(Note 1) Appointment to Director will be formally decided after the resolution at the above-stated general shareholders’ meeting.
(Note 2) Masaoki Kanematsu will assume office as Director (Part-time) as of June 30, 2021 and as President & CEO as of July 1, 2021.
(Note 3) The profile of Masaoki Kanematsu is in the Attachment 1.

2.

Appointment of Chairman of TRM (scheduled to be effective as of July 1, 2021)
Hiroyuki Tohmata, Chairman

3.

Appointment of Director of TRM (scheduled to be effective as of June 30, 2021)
Akiko Enokido, Director (Part-time)(Note 1) Appointment to Director will be formally decided after the resolution at the above-stated general shareholders’ meeting.
(Note 2) The profile of Akiko Enokido is in the Attachment 2.

TRM makes necessary reports and other arrangements pursuant to the provisions of the Financial Instruments andExchange Act, the Building Lots and Buildings Transaction Business Law and other applicable laws and regulations.
*Website of API: https://www.activia-reit.co.jp/en/1

(Attachment 1)
Position

Name

Profile of the newly appointed President & CEO
Brief biography
Apr.

1988

Tokyu Land CorporationApr.

2004

Manager of Human Resources Group, General Administration
Department

Apr.

2008

Manager of Finance Group, Finance Department

Apr.

2011

Executive Manager of Finance Department, Finance Management

Oct.

2013

Department
Executive Manager of Finance Department, Finance Management
Department, Tokyu Fudosan Holdings Corporation
Apr.

2014

Operating Officer, Executive Manager of Finance & Accounting
Department

Apr.

2015

Operating Officer in charge of Finance & Accounting Department andPR/CSR Promotion Department, Executive Manager of Finance &Accounting Department

Apr.

2016

Operating Officer in charge of Group Finance Department, GroupAccounting Department and Group Planning Policy Department
Operating Officer in charge of Finance Department, Accounting
Department and Planning Policy Department, Tokyu Land Corporation

Apr.

2018

Operating Officer, Division Manager of Overseas Business Division
Chairman of Tokyu Land US Corporation (to present) (Note)

President &Masaoki

Chairman of Tokyu Land Corporation (Shanghai) Ltd. (to present)

CEO

Kanematsu(Note)
Apr.

2019

Operating Officer, Division Manager of Overseas Business Division,Investment Business Unit, Tokyu Land Corporation
Director of PT. Tokyu Land Indonesia (to present) (Note)

Dec.

2019

Operating Officer, Division Manager of Overseas Business Division,
Investment Business Unit, Tokyu Land Corporation
Executive Manager of Asia Business Office, Overseas Business
Division, Investment Business Unit
Director of TOKYU LAND ASIA PTE. LTD. (to present) (Note)

Apr.

2020

Operating Officer, Division Manager of Overseas Business Division,
Investment Business Unit, Tokyu Land Corporation

Apr.

2021

Operating Officer, Division Manager of Overseas Business Division,
Infrastructure Industry & Overseas Business Unit (to present) (Note)
Executive Manager of Asia Business Office, Overseas Business
Division, Infrastructure Industry & Overseas Business Unit (to present)(Note)

Jun.

2021

Jul.

2021

Director (Part-time) of TLC REIT Management, Inc. (scheduled to beeffective as of June 30, 2021)
President & CEO of TLC REIT Management, Inc. (scheduled to beeffective as of July 1, 2021)(Note) Masaoki Kanematsu will resign from his office before end of June 2021.

2

(Attachment 2)
Position

Name

Profile of the newly appointed Director
Brief biography
Apr.

1989

Tokyu Land Corporation

Apr.

2003

Manager of Office Building Business Department No 1, Office
Building Business Division

Apr.

2006

Apr.

2009

Manager of Fund Business Department No.2, Asset Utilization
Business Division
Seconded to TLDB Partners Limited
Senior Manager of Asset Management Division

Dec.

2011

Seconded to TLC Activia Investment Management Inc. (current TLC
REIT Management Inc.)
Senior Manager of Asset Management Department

Apr.

2012

General Manager of Asset Management Department

Apr.

2013

Executive Officer of Asset Management Department

Apr.

2017

Executive Manager of Group Human Resources Department, Tokyu
Fudosan Holdings Group

Director

Akiko

Executive Manager of Human Resources Department, Tokyu Land(Part-time)

EnokidoCorporation
Apr.

2019

Operating Officer, Division Manager of Investment Division,Investment Business Unit, Tokyu Land CorporationDirector (Part-time) of TLC REIT Management Inc.
Director (Part-time) of Tokyu Land Capital Management Inc.

Apr.

2020

Operating Officer, Division Manager of Investment Division,Investment Business Unit, Tokyu Land Corporation
Executive Manager of Investment Planning Department, Investment
Division, Investment Business Unit

Apr.

2021

Director & Operating Officer, Unit Manager of Urban Business Unit (topresent)
Director (Part-time) of Tokyu Land SC Management Corporation (topresent)

Jun.

2021

Director (Part-time) of TLC REIT Management, Inc. (scheduled to beeffective as of June 30, 2021)

3