Administrative Dispositions

On June 2024, 6, Tokyo Metropolitan Government and Osaka Prefectural Government issued a partial suspension of business and issued an instruction to Minnade Oyasan Hanbai Co., Ltd. and Toshi Soken Invest Fund Co., Ltd., real estate specified joint venture companies, based on the Real Estate Specified Joint Venture Act.

This disposition was made against the above-mentioned real estate specified joint venture company, which was involved in the conclusion and management of contracts for a real estate specified joint venture fund covering part of a large-scale development site of approximately 45.6 mXNUMX located northwest of Narita International Airport, on the grounds that the pre-contract documents and documents at the time of contract formation were insufficient, contained false information, and provided insufficient explanations to investors.

Tokyoas well as the OsakaThe disciplinary action has been announced on the company's website, where you can find detailed information about the action.