Business Plan for the FY2012/3

We changed our organization to a dual headquarters structure of centered on the Marketing and Sales Headquarters and the Business Management Headquarters in May 2011 to strengthen the organization for implementing the plan. The essences of the change of organization are as follows:

• The former Business Structure Reform Headquarters, Business Planning Headquarters, and Management Headquarters have been consolidated into a newly established Business Management Headquarters^*1 to enhance operational efficiency.
• The General Planning Office^*2 was newly established as an organization directly managed by the President, and the Restoration Support Group was newly established to coordinate the response to the Great East Japan Earthquake.
• The Asset Management Department^*3 was newly established to address the respective needs of tenants and owners.
• The Partner Sales Department^*4 was newly established to strengthen franchise development.
• We have established a Project Management Department^*5 within the Construction Business Division to integrate all operations related to the creation of new apartment building supply, from sales and marketing through construction.