Real Estate Crowdfunding Service "Tokatsu" Surpasses 500 Million Yen in Cumulative Funds Raised

Trust Co., Ltd. (Headquarters: Chuo-ku, Tokyo; Representative Director: Ryunosuke Kagamyo), which operates the real estate crowdfunding service "Tokatsu" (TO-KATSU), is pleased to announce that its cumulative funds raised have surpassed 500 million yen.

As of "Tokatsu Project No. 37," which closed its offering on June 8, 2026, the cumulative funds raised reached 513,490,000 yen, and the cumulative amount applied for reached 1,104,230,000 yen. This milestone was achieved approximately three years after the service's launch in April 2023.

* Unless otherwise specified, all performance data published in this release is as of June 30, 2026.

Background to the Growth of the "Tokatsu" Service

Tokatsu launched its real estate crowdfunding service in April 2023, operating under registration as a small-scale real estate co-ownership business.

Under the small-scale real estate co-ownership business, there are restrictions such as an investment limit of 1 million yen per investor and a total investment limit of 100 million yen. In this context, we believe that achieving cumulative funds raised of 500 million yen is a result of the support from many investors.

To date, Tokatsu has aimed to be a service that continues to be chosen by investors, with "sound operations," "profit sharing with investors," and "highly transparent information disclosure" as its core operating principles. Below, we introduce our initiatives in each of these areas.

1. Sound Operational Track Record with Zero Principal Loss or Distribution Delays

Since the service began in 2023, we have managed a cumulative total of 36 funds, of which 32 have been repaid. For repaid funds, there have been no instances of principal loss or distribution delays, and we continue to operate stably.

2. Unique Distribution Policy to Share Success with Investors

Tokatsu employs a unique distribution policy for capital gain funds where, if a capital gain is generated from a sale, that profit is returned to investors.

Under this management policy, the average actual yield for funds that have concluded operations was 10.3% per annum, exceeding the average expected yield of 6.0% per annum by 4.3 percentage points. Furthermore, for capital gain funds alone, 75% of funds have achieved upside distributions exceeding their expected yields.

3. Promoting the "Visualization" of Operational Status

Tokatsu emphasizes continuous information disclosure not only during the offering period but also throughout the operational period. In our monthly "Operational Performance Report," we regularly disclose the operational status and progress of each fund, striving to provide highly transparent information to investors.

Additionally, for capital gain funds involving renovations, we publish the process from property acquisition to construction and completion in an article format. By providing concrete updates on operational progress, we are working to create an environment where investors can check the operational status with peace of mind.

Over 80% of Investors with Experience Respond with Satisfaction

In a satisfaction survey conducted in April 2026 targeting existing investors, 82.2% of investors with prior investment experience responded that they were "very satisfied" or "satisfied."

The reasons for satisfaction (multiple responses allowed) were most frequently "yield (profitability)" (68.0%), followed by "reliability of the operating company" (56.2%), and "transparency of operational status" (44.1%). In addition to profitability, we have also received positive feedback on our operational structure and continuous information disclosure.

Survey Overview:

- Number of Responses: 479 - Target Audience: Individuals registered as investors on Tokatsu (as of March 31, 2026) - Survey Period: April 9, 2026 - April 18, 2026

Towards the Next Stage of Growth

As the real estate crowdfunding market expands and investor options increase, the value demanded from services is broadening beyond just yield to include operational soundness, transparency of information disclosure, and trust in the operating company.

Tokatsu has strived to build long-term trust with investors by emphasizing sound operations, appropriate profit distribution, and highly transparent information disclosure. We will continue to provide services that can be used with confidence while cherishing this approach.

On the other hand, while Tokatsu has been operated with the desire that "anyone can easily engage in investment activities," in recent years, with the increase in fund subscription multiples, we have received more feedback such as "I cannot invest even if I apply" and "it is difficult to participate due to small offering slots."

In light of this situation, we will proceed with expanding our funds within the framework of the small-scale real estate co-ownership business, and in the future, we will aim to obtain a real estate co-ownership business license, thereby building a system that can continuously provide more investment opportunities and further strengthening our business foundation.

What is the Real Estate Crowdfunding Service "Tokatsu"?

"Tokatsu" is a real estate crowdfunding service operated by Trust Co., Ltd.

It specializes in forming funds centered on divided condominiums in central Tokyo, carefully selected by professionals, and allows individuals to easily start real estate investment from 10,000 yen. Investors can receive distributions based on rental income and profits from property sales by investing online.

URL: https://to-katsu.com/

Details about "Tokatsu" here

Operating Company Information

【Company Profile】

Company Name: Trust Co., Ltd. Location: Maruito Ginza Dai 3 Building 3F, 3-10-6 Ginza, Chuo-ku, Tokyo Representative: Representative Director Ryunosuke Kagamyo

Capital: 100,000,000 yen

Business Activities: Real estate sales, real estate leasing, real estate leasing management, real estate co-ownership business

Established: February 2012

URL: https://www.trust-realestate.jp/

【Licenses and Registrations】 Real Estate Transaction Business: Tokyo Governor (3) No. 94098 Rental Housing Management Business: Minister of Land, Infrastructure, Transport and Tourism (02) No. 000152

Type of Real Estate Co-ownership Business: Small-scale Type 1 Business Real Estate Co-ownership Business Registration Number: Tokyo Governor (1) No. 15

Inquiries Regarding This Matter

Trust Co., Ltd. Tokatsu Business Division https://to-katsu.com/inquiries/new