Shareholder Composition

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(As of September 30,2023)

Total Number of Shares Issued 719,830,974 shares
Number of Shareholders 126,928
Share Unit Number 100 shares
Principal Shareholders

Name of shareholders	Number of shares held (thousand shares)	Percent of total shares issued
TOKYU CORPORATION	114,479	15.90%
The Master Trust Bank of Japan ,Ltd.(Trust account)	111,210	15.45%
Custody Bank of Japan, Ltd.(Trust account)	54,114	7.52%
Tokyu Fudosan Holdings Employee Shareholding Association	12,588	1.75%
BNYM AS AGT/CLTS 10 PERCENT	12,465	1.73%
Sumitomo Mitsui Trust Bank, Limited	12,140	1.69%
The Dai-ichi Life Insurance Company, Limited	11,934	1.66%
SSBTC CLIENT OMNIBUS ACCOUNT	10,196	1.42%
The Nomura Trust and Banking Co., Ltd.(Tokyu Fudosan Holdings Employee Shareholding Association Trust account)	8,267	1.15%
JP MORGAN CHASE BANK 385781	8,159	1.13%

Note: Tokyu Fudosan Holdings Corporation has 28,812 of treasury stock.
Percent of total shares issued is calculated after excluding own shares.

Name of shareholders	Number of shares held	Percentage
Individuals and others	122,190,865	16.97%
Public entities	0	0.00%
Financial institutions	254,352,898	35.34%
Other domestic companies	126,973,870	17.64%
Foreign companies etc.	195,903,078	27.22%
Financial instruments business operators	20,381,451	2.83%
Treasury Stock	28,812	0.00%
Total	719,830,974	100.00%

Name of shareholders	Number of shareholders	Percentage
Individuals and others	125,118	98.57%
Public entities	0	0.00%
Financial institutions	63	0.05%
Other domestic companies	838	0.66%
Foreign companies etc.	864	0.68%
Financial instruments business operators	44	0.03%
Treasury Stock	1	0.00%
Total	126,928	100.00%

Range of Holdings	Number of shares held	Percentage
Less than 1 Unit	103,616	0.01%
More than 1 Unit but Less than 5 Units	8,297,512	1.15%
More than 5 Units but Less than 10 Units	9,816,661	1.36%
More than 10 Units but Less than 50 Units	47,309,498	6.57%
More than 50 Units but Less than 100 Units	19,742,387	2.74%
More than 100 Units but Less than 500 Units	25,752,444	3.58%
More than 500 Units but Less than 1,000 Units	7,974,129	1.11%
More than 1,000 Units but Less than 5,000 Units	39,467,886	5.48%
More than 5,000 Units	561,338,029	77.98%
Treasury Stock	28,812	0.00%
Total	719,830,974	100.00%

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