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Tosei (8923) · InitiativeAdvanced

New revenue model through crowdfunding and security tokens

First written in FY2020. 5 of 7 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2023.

7entries
4years
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ProgressHeldSoftenedWorseAdvancedFY2021-Q1OtherFY2021-Q3AdvancedFY2022-Q3 – FY20232021: 320212022: 120222023: 220232024: 12024
Same theme, other companies
Commercialization of a Real Estate Digital Securities Fund Using STOA theme 4 companies write about · 0 as a headwind · 4 as a tailwind

1 other company's latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2023AdvancedAnnual report

    「We advanced the issuance of real estate security tokens, the formation of Tosei Real Estate Cloud TREC FUNDING Nos. 2 through 7 as a real estate crowdfunding business, and the launch of TRESQ, a digital matching business for real estate investment products.」

    In addition to crowdfunding and security tokens, TRESQ was launched, and the 3 businesses were consolidated under トーセイ・プロップテック株式会社 as a real estate technology business.
  2. FY2023-Q2AdvancedAnnual report

    「At the new company, we will accelerate DX initiatives, including expanding the security token issuance business backed by real estate and the real estate crowdfunding business, for which demonstration projects have continued, as well as launching a direct sales business for individual condominium units using digital technology.」

    A policy was presented to accelerate the security token, real estate crowdfunding, and digitally enabled direct sales of individual condominium units businesses at the new company.
  3. FY2022AdvancedAnnual report

    「In addition to selling TREC Funds No. 3 and No. 4, which included individual condominium units as investment targets, through Tosei Real Estate Cloud TREC FUNDING, we continued research in real estate technology, including NFTs (non-fungible tokens). We also continued initiatives toward issuing security tokens backed by domestic real estate, which began in the previous fiscal year.」

    TREC Funds No. 3 and No. 4 were sold through the crowdfunding business, work on security tokens continued, and the scope of real estate technology research was expanded to include NFTs.
  4. FY2022-Q3AdvancedAnnual report

    「The TREC No. 4 fund, offered through Tosei Real Estate Cloud TREC FUNDING, a real estate crowdfunding product for individual investors, completed its offering during the third quarter and began operations in September.」

    The offering of Fund No. 4 was completed in the crowdfunding business, and operations began in September. Even after the return of capital and exclusion from consolidation, operating results for the new revenue model targeting individual investors continued to accumulate.
  5. FY2021-Q3Return of capital and exclusion from consolidationAnnual report

    「As a change involving a major affiliated company, the anonymous partnership interest in 合同会社トレック・ムーン was included in the scope of consolidation after being acquired during the first quarter. However, because the investment was fully returned during the third quarter, 合同会社トレック・ムーン has been excluded from the scope of consolidation.」

    The investment in 合同会社トレック・ムーン, which was consolidated in the first quarter in connection with the crowdfunding business and new revenue model, was fully returned, and the company was excluded from the scope of consolidation.
  6. FY2021-Q1AdvancedAnnual report

    「As a change involving a major affiliated company, the silent partnership investment interest in TREC Moon LLC was acquired and included within the scope of consolidation.」

    The silent partnership investment interest in TREC Moon LLC, related to crowdfunding and new revenue models, was acquired and included within the scope of consolidation.
  7. FY2020First statedAnnual report

    「To further expand the business, during the current consolidated fiscal year we actively advanced operations, including launching the crowdfunding business Tosei Real Estate Cloud TREC FUNDING and beginning a proof-of-concept experiment toward issuing Tosei Tokens in light of the future potential of the security token market.」

    The company launched its crowdfunding business and formed its first fund, and also began a proof-of-concept experiment toward issuing security tokens.
Moved together

"Active acquisition of income-producing real estate and development sites as future sources of revenue" moved the same way as this thread, in the same document, in 5 of its 7 moves.

555555★123456
  1. ★This thread
  2. 1Active acquisition of income-producing real estate and development sites as future sources of revenue5×
  3. 2Real estate revitalization through the sale of value-added properties5×
  4. 3Development and sales of commercial facilities and detached houses5×
  5. 4Acquisition of rental properties and leasing of vacant space5×
  6. 5Expansion of Asset Management AUM Through Large-Scale Mandates5×
  7. 6Share Buybacks to Improve Capital Efficiency5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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New revenue model through crowdfunding and security tokens | TOSEI CORPORATION (8923) | Komori