Governance Initiatives

Based on its corporate philosophy, Tosei Asset Advisors (“TAA”) responds to the expectations of society through enhancing business foundations for stable growth, taking actions for environmental impact reduction, and all other corporate activities. With continued efforts and fulfilling its corporate social responsibility, we aspire to become the company of even more trust. We undertake the “enhancement of corporate governance” of the Tosei Group and our initiatives for the matters listed below.



The “Anti-Corruption Compliance Rules” has been established to thoroughly ensure anti-corruption (prohibition of granting benefits to public officers, etc.) of employees. Sellers are requested to complete a survey form with the same intent upon property acquisition.

Governance Risk Assessment

At TAA, the critical internal review is performed at least once a year. The Risk & Compliance Office and the ESG Secretariat conduct a governance risk assessment and report to the Board. The risk countermeasures for that year are determined based on the risk assessment.

Compliance and Corporate Philosophy Survey

Every year employees of TAA take the compliance and corporate philosophy survey conducted by the Tosei Group to ensure that the corporate philosophy is shared.

Separation of Compliance Function and Internal Audit Function

TAA has separated the Risk & Compliance Office and the Internal Audit Office. They have appropriate staff to ensure the internal audit function's complete independence, which is indispensable for thorough governance.

Prevention of Conflicts of Interest

TAA has established related-party transaction rules concerning transactions with parties having a particular interest with TAA and appropriately prevents conflicts of interest for the proper execution of its asset management business.

Establishment of Whistle-Blowing System

The Tosei Group has established a whistle-blowing system, and TAA’s Risk & Compliance Office informs employees of the system at the orientation upon joining the company. In addition to internal contact points, there is also an external contact point at the engaged advisor.

ESG Learning and Reflection on Performance Review

Compliance pieces of training are conducted by TAA's Risk & Compliance Office upon joining and quarterly, which includes ESG as one of the topics. The performance review at TAA always refers to participation in compliance training, including ESG learning. In this regard, TAA considers ESG learning on personnel evaluation.