As of March 14, 2019

Nomura Securities Co., Ltd. Tomohiro Araki
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Yasuhiro Ishii
Mizuho Securities Co., Ltd. Yosuke Ohata
Daiwa Securities Co.Ltd. Kohei Omura
SMBC Nikko Securities Inc. Hiroshi Torii

This list is composed of analysts, whose reports written about TOKYU REIT are verified.
It means there is a possibility that analysts outside of this list have written reports about TOKYU REIT and this list can't reflect the latest personnel changes.