Overview of Sponsors

■MIRARTH HOLDINGS

Since the establishment of Takara Leben in 1972, MIRARTH HOLDINGS Group has accumulated expertise in development, sale and creation of property value, leasing and management as a comprehensive property developer.

WEB of MIRARTH HOLDINGS

■Kyoritsu Maintenance

Kyoritsu Maintenance, a Tokyo Stock Exchange-listed company, has conducted management of dormitories, budget hotels and resort hotels since 1979.

WEB of Kyoritsu Maintenance

■YAMADA HOLDINGS

YAMADA HOLDINGS is one of the largest retail-sector companies in Japan. YAMADA HOLDINGS also focuses on servicing community infrastructure, including by proposing residential, renovation, housing equipment and furniture projects, which have a close relationship with home appliances, and developing new types of stores which integrates home appliance business with financial and real estate services.

WEB of YAMADA HOLDINGS

Growth Strategy supported by each of our Sponsors

We capitalize on the value chain and expertise of each of our Sponsors to achieve external and internal growth based on sponsor support agreements executed with them.

■Overview of Sponsor Support Agreements

MIRARTH Real Estate Advisory Inc., is supported by sponsors on External Growth, Internal Growth and stable management based on Sponsor Support Agreements.

Contents of sponsor support		MIRARTH HOLDINGS	Kyoritsu Maintenance	YAMADA HOLDINGS
External Growth	Pipeline	●	●	●
	warehousing function	●
	Provision of market information on sales or development	●	●	●
Internal Growth	Support of leasing	●
	Support for property management services.	●
	Support as a back-up operator		●
	Provision of advice and expertise on property	●	●	●
	Provision of information on leasing market	●	●	●
Other	Support of human resources	●

1. Support listed in the above table does not explicitly stipulate in Sponsor Support Agreements and includes those that support is expected to be virtually expected.