Nagoya Railroad to acquire a 15.5% stake in Tosei for JPY17.8bn.

Nagoya Railroad, a private railway company, agreed to acquire a 15.5% stake in Tosei, a real estate company, for JPY17.8bn. This move is set to reshape Tosei’s shareholder structure and is aimed at enhancing corporate value by leveraging the synergy between Tosei’s diverse real estate-related businesses and financial integration. The alliance aligns with Tosei’s vision for 2032, focusing on expanding its real estate solutions, portfolio management, and global reach.