Trust Co., Ltd. (Head office: Chuo-ku, Tokyo; Representative Director: Ryunosuke Nagami), which operates the real estate crowdfunding service "To-Katsu," has released its "FY2025 Operations Report" (https://to-katsu.com/report/287).
This report organizes operational results up to FY2025, as well as operational data, project results, and investor data since the service launched in 2023, introducing "To-Katsu"'s past operational performance and service growth with data.
View FY2025 Operations Report
Overview of Cumulative Operational Results Since Service Launch
Since its launch in 2023, To-Katsu has steadily accumulated project numbers and cumulative funding amounts by forming projects primarily focused on urban condominium units.
As of March 31, 2026, the cumulative application amount is 964.64 million yen, the cumulative funding amount is 485.17 million yen, and the total number of projects is 34. No principal loss has occurred in any project that has been redeemed to date.
Within the framework of a small-scale real estate specified joint enterprise, we design funds that prioritize a balance between risk and return, and operate our business with an emphasis on accumulating stable operational results.
The average actual yield for projects completed in FY2025 was 10.4%, exceeding the average projected yield of 6.0% by 4.4 percentage points. Upside (results exceeding projected yield) occurred in 18 out of 31 completed projects, with an upside occurrence rate of 58%. The average operation period was 127 days, establishing a short-term rotation operation model.
Key operational data are as follows (as of March 31, 2026):
Indicator
Performance
Cumulative Application Amount
964.64 million yen
Cumulative Funding Amount
485.17 million yen
Average Projected Yield
6.0%
Average Actual Yield
10.4%
Average Operation Period
127 days
Total Projects
34 projects (31 completed, 3 in operation)
Principal Loss
0 cases
This report also includes trends in membership numbers and investor data (age groups, average investment amount, investment objectives, etc.) in addition to operational results since the service launched in 2023.
Overall view of the FY2025 Operations Report. Please check the button below for details.
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Summary of FY2025 and Future Outlook
To-Katsu celebrated its 3rd anniversary on March 17, 2026. We sincerely thank all investors who have participated daily.
Since its launch, we have conducted sound operations as a small-scale real estate specified joint enterprise, commensurate with our business scale, and have accumulated operational results through project formation primarily focused on urban condominium units. In FY2025, we established an integrated process from project acquisition to operation and exit strategy, enhancing the reproducibility of our operational model.
On the other hand, while a high application rate is a sign of support, we also recognize it as a challenge in not being able to provide sufficient investment opportunities.
Going forward, in addition to strengthening our project formation capabilities, we will proceed with improving our business structure and capital base, and are preparing with a view to a license change to a "Real Estate Specified Joint Enterprise."
We look forward to your continued support for To-Katsu.
What is "To-Katsu"?
Invest small amounts starting from 10,000 yen in properties carefully selected by professionals
"To-Katsu" (https://to-katsu.com/) is a real estate crowdfunding service operated by Trust Co., Ltd.
It forms funds targeting properties primarily urban condominium units, and investors can receive distributions such as rental income and capital gains by investing online.
Since its launch in 2023, it has steadily accumulated cumulative funding amounts and project numbers.
About the Operating Company
【Company Profile】
Trust Co., Ltd. Head office: Maruito Ginza 3rd Bldg. 3F, 3-10-6 Ginza, Chuo-ku, Tokyo Established: February 2012 Representative Director: Ryunosuke Nagami Capital: 100,000,000 yen
【Business Activities】 Real estate trading Real estate leasing Rental management Real estate specified joint enterprise
【Licenses and Registrations】 Real Estate Transaction Business License: Tokyo Governor (3) No. 94098 Rental Housing Management Business Registration: Minister of Land, Infrastructure, Transport and Tourism (02) No. 000152 Small-scale Real Estate Specified Joint Enterprise Registration Number: Tokyo Governor (1) No. 15
【Homepage】
https://www.trust-realestate.jp/
Inquiries regarding this matter
Trust Co., Ltd. To-Katsu Business Division E-mail: [email protected] URL:https://to-katsu.com/
FACT BOX
- Source: PR TIMES
- Category: Survey