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Tosei (8923) · InitiativeAdvanced

Expansion of Asset Management AUM Through Large-Scale Mandates

First written in FY2016-Q2. 34 of 38 entries say "Advanced", first in FY2016-Q3. Latest entry: 2026-10-05.

38entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2016-Q3 – FY2018AdvancedFY2019-Q3 – 2026-10-052016: 220162017: 420172018: 420182019: 420192020: 320202021: 420212022: 320222023: 420232024: 320242025: 120252026: 62026
Same theme, other companies
Growth in AUM, Investment Asset Values and Carried InterestA theme 18 companies write about · 1 as a headwind · 22 as a tailwind

The whole theme swung hardest in 2026: 1 of 12 companies on the "Worse" side.

8 other companies' 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.
Showing 14 of the 18 companies compared. The sentences above are computed from all 18.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1AdvancedAnnual report

    「AUM increased by ¥226,535 million from the ¥2,662,737 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥153,749 million due to property sales by funds and other factors. AUM at the end of the interim period was ¥2,735,523 million.」

    The company acquired new contracts exceeding the decrease from property sales and other factors, and AUM reached ¥2,735.5 billion, an increase of ¥72.7 billion from the end of the previous fiscal year.
  2. FY2025AdvancedAnnual report

    「In particular, in the real estate fund and consulting business, the company acquired new mandates from new clients, including a mandate from global investment firm Warburg Pincus to manage the domestic share house portfolio “Tokyo Beta,” one of the largest in Japan. Domestic AUM totaled ¥2,670.5 billion, an increase of ¥226.7 billion from the end of the previous fiscal year.」

    The company newly acquired “Tokyo Beta” from Warburg Pincus, and AUM increased by ¥226.7 billion from the end of the previous fiscal year to ¥2,670.5 billion.
  3. FY2025-H1AdvancedAnnual report

    「In particular, in the real estate fund and consulting business, the company acquired new mandates from new clients, including a mandate from global investment firm Warburg Pincus to manage the domestic share house portfolio “Tokyo Beta,” one of the largest in Japan. Domestic AUM totaled ¥2,670.5 billion, an increase of ¥226.7 billion from the end of the previous fiscal year.」

    The company newly acquired the asset management mandate for “Tokyo Beta” from Warburg Pincus, and AUM increased by ¥226.7 billion from the end of the previous fiscal year to ¥2,670.5 billion.
  4. FY2024-Q2AdvancedAnnual report

    「AUM increased by ¥147,681 million from the ¥2,352,454 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥122,327 million due to property sales by funds and other factors. AUM at the end of the second quarter was ¥2,377,808 million.」

    The company acquired new contracts exceeding the decrease from property sales and other factors, and AUM reached ¥2,377.8 billion, an increase of ¥25.3 billion from the end of the previous fiscal year.
  5. FY2024-Q1AdvancedAnnual report

    「AUM at the end of the first quarter was ¥2,436,418 million.」

    The ¥101.0 billion increase from new asset management contracts exceeded the decrease from property sales and other factors, and AUM increased from ¥2,352,454 million at the end of the previous fiscal year to ¥2,436,418 million.
  6. FY2023AdvancedAnnual report

    「AUM at the end of the fiscal year was ¥2,352,454 million.」

    The ¥830,417 million increase from new asset management contracts exceeded the ¥200,859 million decrease from property sales and other factors, and AUM increased to approximately ¥2,352.5 billion.
  7. FY2023-Q3AdvancedAnnual report

    「During the nine-month period ended the third quarter, AUM increased by ¥764,596 million from the ¥1,722,896 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥144,390 million due to property sales by funds. AUM at the end of the third quarter was ¥2,343,102 million.」

    The ¥764,596 million increase from new contracts exceeded the decrease from property sales, and AUM increased to ¥2,343.1 billion.
  8. FY2023-Q2AdvancedAnnual report

    「AUM increased by ¥729,567 million from the ¥1,722,896 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥118,235 million due to property sales by funds. AUM at the end of the second quarter was ¥2,334,229 million.」

    The increase from new contracts exceeded the decrease from property sales, and AUM increased from ¥1,722.9 billion to ¥2,334.2 billion.
  9. FY2023-Q1AdvancedAnnual report

    「AUM increased by ¥558,360 million from the ¥1,722,896 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥25,620 million due to property sales by funds and other factors. AUM at the end of the first quarter was ¥2,255,636 million.」

    The company began providing asset management services for the large-scale Otemachi Place property in December, and AUM increased to ¥2,255.6 billion, supported by the increase from new mandates.
  10. FY2022AdvancedAnnual report

    「AUM at the end of the fiscal year was ¥1,722,896 million.」

    AUM increased from ¥1,420,867 million at the end of the previous fiscal year to ¥1,722.8 billion. The company also explained that it acquired the mandate for the large-scale Otemachi Place project in December 2022, after the filing was submitted.
  11. FY2022-Q3AdvancedAnnual report

    「During the nine-month period ended the third quarter, AUM increased by ¥408,256 million from the ¥1,420,867 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥110,364 million due to property sales by funds and other factors. As a result, AUM at the end of the third quarter was ¥1,718,759 million.」

    The increase from new contracts exceeded the decrease from property sales, and AUM reached ¥1,718.7 billion, an increase of ¥297.8 billion from the end of the previous fiscal year.
  12. FY2022-Q2AdvancedAnnual report

    「AUM increased by ¥312,166 million from the ¥1,420,867 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥87,192 million due to property sales by funds. AUM at the end of the second quarter was ¥1,645,841 million.」

    The increase from new contracts exceeded the decrease from property sales, and AUM increased from ¥1,420.8 billion to ¥1,645.8 billion.
  13. FY2022-Q1AdvancedAnnual report

    「AUM increased by ¥109,223 million from the ¥1,420,867 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥20,839 million due to property sales by funds and other factors. AUM at the end of the first quarter was ¥1,509,252 million.」

    The increase from new contracts exceeded the decrease from property sales and other factors, and AUM reached ¥1,509,252 million, an increase of approximately ¥88.3 billion from the end of the previous fiscal year, surpassing ¥1.5 trillion.
  14. FY2021-Q3AdvancedAnnual report

    「During the nine-month period ended the third quarter, AUM increased by ¥257,891 million from the ¥1,123,406 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥66,561 million due to property sales by funds and other factors. As a result, AUM at the end of the third quarter was ¥1,314,736 million.」

    The ¥257,891 million increase from new contracts exceeded the decrease from property sales and other factors, and AUM increased to ¥1,314.7 billion.
  15. FY2021-Q2AchievedAnnual report

    「In the real estate fund and consulting business, the company captured strong investment demand from overseas investors and achieved its target of ¥1.2 trillion in AUM for the end of the fiscal year, six months ahead of schedule.」

    By capturing demand from overseas investors, AUM reached ¥1,255,800 million, achieving the year-end target of ¥1.2 trillion six months ahead of schedule.
  16. FY2021-Q1AdvancedAnnual report

    「During the three-month period ended the first quarter, AUM increased by ¥65,220 million from the ¥1,123,406 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥34,095 million due to property sales by funds and other factors. AUM at the end of the first quarter was ¥1,154,531 million.」

    The increase from new contracts exceeded the decrease from fund property sales and other factors, and AUM increased from ¥1,123,406 million to ¥1,154,531 million.
  17. FY2020AdvancedAnnual report

    「During the fiscal year, AUM increased by ¥346,926 million from the ¥846,478 million at the end of the previous fiscal year, primarily due to the acquisition of asset management mandates for large-scale projects, despite a ¥69,998 million decrease due to property sales by funds and other factors. AUM at the end of the fiscal year was ¥1,123,406 million.」

    AUM increased to ¥1,123.4 billion through the acquisition of mandates for large-scale projects and reached a record high, rising significantly from the end of the previous fiscal year.
  18. FY2020-Q3AdvancedAnnual report

    「During the nine-month period ended the third quarter, assets under management (AUM) increased by ¥147,306 million from the ¥846,478 million at the end of the previous fiscal year following the acquisition of new asset management contracts, while decreasing by ¥28,325 million due to property sales by funds and other factors. As a result, AUM at the end of the third quarter was ¥965,459 million.」

    The increase from new contracts exceeded the decrease from fund property sales and other factors, and AUM increased from ¥846,478 million to ¥965,459 million.
  19. FY2020-Q2AdvancedAnnual report

    「During the first six months of the fiscal year, assets under management increased by ¥90,084 million from ¥846,478 million at the end of the previous fiscal year through the acquisition of new asset management contracts, while the sale of fund properties reduced assets under management by ¥10,748 million and other factors brought assets under management to ¥925,813 million at the end of the first six months of the fiscal year.」

    The increase from new contracts exceeded the decline from fund property sales, increasing assets under management from ¥846,478 million to ¥925,813 million.
  20. FY2020-Q1AdvancedAnnual report

    「During the first three months of the fiscal year, assets under management increased by ¥31,972 million from ¥846,478 million at the end of the previous fiscal year through the acquisition of new asset management contracts, while the sale of fund properties reduced assets under management by ¥3,343 million and other factors brought assets under management to ¥875,107 million at the end of the first three months of the fiscal year.」

    The increase from new contracts exceeded the decline from fund property sales, resulting in a net increase in assets under management from ¥846,478 million to ¥875,107 million.
  21. FY2019-Q3AdvancedAnnual report

    「During the first nine months of the fiscal year, the sale of fund properties reduced assets under management by ¥99,118 million from ¥663,359 million at the end of the previous fiscal year, while the acquisition of new asset management contracts increased assets under management by ¥175,747 million and other factors brought assets under management to ¥739,987 million at the end of the first nine months of the fiscal year.」

    The increase from new contracts exceeded the decline from property sales and other factors, resulting in a net increase in assets under management from ¥663,359 million at the end of the previous fiscal year to ¥739,987 million. Assets under management turned from a net decline through the previous quarter to an increase.
  22. FY2019-Q2Continued net decline in assets under managementAnnual report

    「During the first six months of the fiscal year, assets under management increased by ¥28,842 million from ¥663,359 million at the end of the previous fiscal year through the acquisition of new asset management contracts, while the sale of fund properties reduced assets under management by ¥41,582 million and other factors brought assets under management to ¥650,619 million at the end of the first six months of the fiscal year.」

    Although new contracts increased assets under management, the decline from fund property sales and other factors exceeded the increase, resulting in a net decline from ¥663,359 million to ¥650,619 million.
  23. FY2019-Q1Net decline in assets under managementAnnual report

    「Although assets under management increased by ¥11,808 million from ¥663,359 million at the end of the previous fiscal year through the acquisition of new asset management contracts, the sale of fund properties reduced assets under management by ¥14,433 million and other factors brought assets under management to ¥660,733 million at the end of the first three months of the fiscal year.」

    Although new contracts increased assets under management, the decline from fund property sales and other factors exceeded the increase, resulting in a net decline from ¥663,359 million to ¥660,733 million.
  24. FY2018AdvancedAnnual report

    「Assets under management stood at ¥663,359 million at fiscal year-end. The acquisition of the large mandate increased asset management fees and contributed to revenue.」

    Assets under management reached ¥663,359 million through the acquisition of large mandates and other factors, increasing from ¥552,208 million at the end of the previous fiscal year.
  25. FY2018-Q3AdvancedAnnual report

    「Although assets under management declined by ¥29,573 million from ¥552,208 million at the end of the previous fiscal year due to property sales by funds and other factors, assets under management increased by ¥125,644 million through the acquisition of new large asset management mandates and other factors, bringing assets under management to ¥648,279 million at the end of the first nine months of the fiscal year.」

    The increase from the acquisition of large mandates and other factors exceeded the decline from property sales and other factors, increasing assets under management to ¥648,279 million.
  26. FY2018-Q2AdvancedAnnual report

    「Although assets under management declined by ¥8,520 million from ¥552,208 million at the end of the previous fiscal year due to property sales by funds and other factors, assets under management increased by ¥91,590 million through the acquisition of new large asset management mandates and other factors, bringing assets under management to ¥635,278 million at the end of the first six months of the fiscal year.」

    The increase from the acquisition of large mandates and other factors exceeded the decline from property sales and other factors, increasing assets under management to ¥635,278 million.
  27. FY2018-Q1AdvancedAnnual report

    「Although assets under management declined by ¥3,250 million from ¥552,208 million at the end of the previous fiscal year due to property sales by funds and other factors, assets under management increased by ¥72,279 million through the acquisition of new large asset management mandates and other factors, bringing assets under management to ¥621,237 million at the end of the first three months of the fiscal year.」

    The increase from the acquisition of large mandates and other factors exceeded the decline from property sales and other factors, increasing assets under management to ¥621,237 million.
  28. FY2017AdvancedAnnual report

    「Assets under management stood at ¥552,208 million at fiscal year-end. The acquisition of the large mandate increased asset management fees and contributed to revenue.」

    Assets under management reached ¥552,208 million through the acquisition of large mandates and other factors, increasing from ¥448,186 million at the end of the previous fiscal year.
  29. FY2017-Q3AdvancedAnnual report

    「During the first nine months of the fiscal year, although assets under management declined by ¥21,577 million from ¥448,186 million at the end of the previous fiscal year due to property sales by funds and other factors, assets under management increased by ¥94,394 million through the acquisition of new large asset management mandates and other factors, bringing assets under management to ¥521,003 million at the end of the first nine months of the fiscal year.」

    Assets under management increased by ¥94,394 million through the acquisition of large mandates and other factors, reaching ¥521,003 million at period-end. This was also an increase from ¥499,133 million in the previous cumulative quarter.
  30. FY2017-Q2AdvancedAnnual report

    「During the first six months of the fiscal year, although assets under management declined by ¥17,625 million from ¥448,186 million at the end of the previous fiscal year due to property sales by funds and other factors, assets under management increased by ¥68,572 million through the acquisition of new large asset management mandates and other factors, bringing assets under management to ¥499,133 million at the end of the first six months of the fiscal year. The acquisition of the large mandate increased asset management fees and contributed to revenue.」

    Assets under management increased by ¥68,572 million through the acquisition of new large mandates and other factors, reaching ¥499,133 million at period-end. The contribution of asset management fees from the acquisition of the large mandate to revenue is also stated.
  31. FY2017-Q1AdvancedAnnual report

    「During the first three months of the fiscal year, although assets under management declined by ¥11,061 million from ¥448,186 million at the end of the previous fiscal year due to property sales by funds and other factors, assets under management increased by ¥29,465 million through the acquisition of new large asset management mandates and other factors, bringing assets under management to ¥466,589 million at the end of the first three months of the fiscal year. The acquisition of the large mandate increased asset management fees and contributed to revenue.」

    Assets under management increased by ¥29,465 million through the acquisition of large mandates and other factors, and after factoring in the decline due to property sales and other factors, stood at ¥466,589 million at period-end.
  32. FY2016AdvancedAnnual report

    「Although assets under management declined by ¥74,462 million from ¥421,792 million at the end of the previous fiscal year due to property sales by funds and other factors, assets under management increased by ¥100,856 million through the acquisition of new large asset management mandates and other factors, bringing assets under management to ¥448,186 million at fiscal year-end. The acquisition of the large mandate increased asset management fees and contributed to revenue.」

    The acquisition of large mandates increased assets under management by ¥100,856 million, with year-end assets under management of ¥448,186 million and the contribution of fees to revenue stated.
  33. FY2016-Q3AdvancedAnnual report

    「Although assets under management declined by ¥38,913 million from ¥421,792 million at the end of the previous fiscal year due to property sales by funds and other factors, assets under management increased by ¥91,117 million through the acquisition of new large asset management mandates and other factors, bringing assets under management to ¥473,996 million at the end of the first nine months of the fiscal year. The acquisition of the large mandate increased asset management fees and contributed to revenue.」

    The acquisition of new large mandates increased assets under management by ¥91,117 million, with the increase in asset management fees and contribution to revenue explicitly stated.
  34. FY2016-Q2First statedAnnual report

    「Although assets under management declined by ¥22,191 million from ¥421,792 million at the end of the previous fiscal year due to property sales by funds and other factors, assets under management increased by ¥87,185 million through the acquisition of new large asset management mandates and other factors, bringing assets under management to ¥486,785 million at the end of the first six months of the fiscal year.」

    New large mandates increased assets under management from ¥421,792 million to ¥486,785 million.
Moved together

"Aggressive acquisition of income-producing real estate and development land as future sources of revenue" moved the same way as this thread, in the same document, in 34 of its 38 moves.

343431302928★123456
  1. ★This thread
  2. 1Aggressive acquisition of income-producing real estate and development land as future sources of revenue34×
  3. 2Real Estate Securitization Through the Sale of Value-Add Properties34×
  4. 3Expansion of the J-REIT Market and Property Acquisition Capacity31×
  5. 4Development and Sales of Commercial Facilities and Detached Houses30×
  6. 5Winning New Contracts and Expanding Buildings Under Management29×
  7. 6Acquisition of Rental Properties and Leasing of Vacancies28×

★ 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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Expansion of Asset Management AUM Through Large-Scale Mandates | TOSEI CORPORATION (8923) | Komori