Tokken Corporation Co., Ltd.

In 1192, the Kamakura shogunate was established, marking the beginning of the samurai society.

After 1467, following the Ōnin War, powerful samurai increased their influence and formed feudal domains.

In 1603, Tokugawa Ieyasu established the Edo shogunate, solidifying the feudal state.

Around 1695, leasehold properties based on the concept of private ownership were born.

In 1868, the imperial forces surrendered Edo Castle to the shogunate and became the rulers of Edo. Except for some exceptions, they ordered the land to be surrendered to the government.

In 1869, the cessation of the surrender order was decided, and land was released.

In 1871, the abolition of the han system and establishment of prefectures, and the census law were promulgated.

In 1872, the prohibition on perpetual sale of farmland was lifted, land prices were set, land certificates were issued, and land became real estate.

In 1873, the Land Tax Reform Act was promulgated, fundamentally reforming the land system and taxation.

Around 1876, officials and former daimyō actively built leasehold houses, and two-story longhouses with toilets appeared.

In 1888, the municipal system and village system were promulgated.

In 1910, the wooden 5-story, 70-room apartment 'Ueno Club' was completed in Ueno, Tokyo.

In 1923, the first reinforced concrete apartment in Tokyo, 'Furukoshiba Apartment', was completed.

In 1924, the foundation Dōjun-kai was established and began supplying reinforced concrete apartments.

In August 1926, the first reinforced concrete apartment 'Nakano-cho Apartment' by Dōjun-kai was completed in Sumida, Tokyo.

In 1933, the Apartment Construction Regulations were promulgated.

In 1937, the Anti-Aircraft Law was promulgated, leading to an increase in steel and reinforced concrete buildings. In Tokyo, home ownership of single-family houses was rare, and rental housing was common.

After the end of the war in 1945, the influx of evacuees returning to Tokyo caused rents to soar, and there was a nationwide shortage of 4.2 million housing units.

In 1946, land reform was implemented; the government purchased farmland exceeding the limits of non-resident landlords' leasehold land and village landlords' leasehold land, and sold it preferentially to tenant farmers.

In 1947, the Land and House Register Act was promulgated, and the House Tax Act was abolished.

In 1952, the Real Estate Brokerage Act was promulgated.

In 1953, the Income Tax Act was amended, significantly reducing real estate transfer income tax.

In 1954, Japan entered the 'Jinmu boom', entering a period of high economic growth, and land demand surged.

In 1957, the Ministry of Construction announced a five-year housing construction plan, aiming to build about 500,000 units per year.

In 1960, the urban banks Mitsubishi, Sanwa, Tokai, and Yamato began housing loans, and the Housing Supply Corporation was established.

In 1963, the Ministry of Construction announced a seven-year new housing construction plan, stimulating apartment construction.

In 1966, the Izanagi boom began, and the Leasehold and Tenancy Acts were amended, expanding the rights of leaseholders and tenants.

In 1970, the Housing Finance Agency started lending to private apartment buyers.

In 1973, farmland was taxed at the same rate as residential land.

In 1976, the first rental apartment managed on behalf of the landlord was constructed in Nakano-ku, Kyoto.

Founded in Kariya City, Aichi Prefecture (trade name 'Tomei Shoji').

Established 'Tomei Shoji Co., Ltd.'

Established subsidiary 'Tōdō Agency Co., Ltd.'

In 1985, the Plaza Accord was implemented by the five advanced countries, ushering in the bubble economy.

In 1989, land prices began to rise noticeably.

In 1991, the bubble economy collapsed, and tax reforms aimed at strengthening landholding taxes were implemented.

In 1992, the new Leasehold and Tenancy Act was enacted, expanding the rights of landowners and landlords.

Renamed 'Tomei Lease Construction Co., Ltd.' to 'Tōken Corporation Co., Ltd.'

In 1993, office vacancies in Tokyo increased, reaching the low 9.1% range by December.

Established subsidiary 'Tōdō Travel Co., Ltd.'

In 1996, the assessed value of land in Ginza, Tokyo fell to about one-third of its peak.

In 1997, a multimedia apartment complex with computer, cable antenna, and mobile phone antenna in every unit was completed at NTT's Sapporo company housing.

Shares were listed on the over-the-counter market.

In 1998, the Housing and Urban Development Corporation began providing rental residential land under a periodic leasehold system.

Established subsidiary 'Tōken Reba Co., Ltd.'

Acquired 'Chiba Sysco Factory' by Tōken Reba Co., Ltd.

In 1999, the Bank of Japan implemented a zero‑interest‑rate policy, and an energy‑efficient high‑rise rental building was completed in Takanoshima, Takanohana Ward, Osaka City.

Established subsidiary 'Tōken Lease Fund Co., Ltd.'

Established Chinese local corporation 'Shanghai Tōhan International Trading Co., Ltd.'

Acquired 'NK Shinkawa Factory' by Tōken Reba Co., Ltd.

In 2000, the periodic tenancy system started, and the Housing Quality Assurance Promotion Act was enacted.

In 2001, the Bank of Japan implemented quantitative easing, and the Act on Ensuring Stable Housing for the Elderly was enacted.

Listed on the First Section of the Tokyo Stock Exchange and Nagoya Stock Exchange (now Tokyo Prime and Nagoya Premier).

Established subsidiary 'Tōken Tadokuntry Co., Ltd.'

Tōken Reba Co., Ltd.'s Headquarters Quality Management Section, Chiba Sysco Factory, and Izumo Dantani Factory obtained ISO9001.

In 2004, rental housing that allows pet ownership and gardening appeared, drawing attention to buildings with high seismic resistance and durability.

New headquarters building completed and headquarters relocated to Marunouchi, Naka-ku, Nagoya City.

Information Systems Department obtained ISO27001 standard and ISMS (Information Security Management System).

NK Shinkawa Factory obtained ISO9001.

In 2005, a structural calculation forgery scandal was uncovered, revealing apartments with seismic issues. New construction of rental housing increased due to deflation and the rise of nuclear families.

Acquired 'Nas Stainless Co., Ltd.' as a subsidiary of Tōken Reba Co., Ltd.

Change of company name to Tokken Nas Stainless Co., Ltd.

Establishment of subsidiary Tokken Resort Japan Co., Ltd.

Change of fiscal year-end to April 30.

In 2006, the Basic Act on Living and Life was enacted, and base‑isolated and seismic‑resistant apartments gained popularity.

Establishment of Tokken Building Management Co., Ltd.

Acquisition of Tokken Liva Co., Ltd.'s Shellru Kobe Factory.

Completion of the tower-style luxury rental apartment 'Chikusa Tower Hills'.

Change of company name from Tokken Nas Stainless Co., Ltd. to Nasrack Co., Ltd.

On June 20, 2007, the Building Standards Act was amended, tightening peer checks for apartments and similar buildings.

Merger and integration of Nasrack Co., Ltd. and Tokken Liva Co., Ltd.

Nasrack Co., Ltd.'s Shellru Kobe Factory obtains ISO 9001 certification.

Establishment of the General Incorporated Foundation Katanaworld Foundation.

Launch of the virtual sword museum 'Katanaworld', a specialized sword website.

On September 15, 2008, Lehman Brothers collapsed, triggering a global financial crisis. With the yen's appreciation, construction of wooden houses intensified.

On June 4, 2009, the Long‑Term Quality Housing Promotion Act was enacted, and the Housing Eco‑Point system was implemented.

In 2010, Japan's domestic population of Japanese people first declined, and the population aged 65 and over reached a record high.

On March 11, 2011, the Great East Japan Earthquake occurred. Land prices in areas at risk of tsunamis and liquefaction fell, and serviced senior housing and similar facilities were introduced.

In 2013, the Ministry of Internal Affairs and Communications conducted a land statistics survey, finding 8.2 million vacant houses nationwide.

In 2015, the inheritance tax law was amended, reducing the basic deduction amount. A law to improve the energy consumption performance of buildings was also promulgated.

In 2016, the Special Measures Law for Promoting Measures Against Vacant Houses was enacted, and the property tax reduction measure for 'designated vacant houses' was lifted.

Completion of the hotel-style luxury rental apartment and Tokken's second headquarters 'Sakae Tower Hills'.

Opening of the luxury rental property brokerage store 'Home Mate ONE'.

In 2021, the COVID-19 pandemic caused a sharp rise in imported timber prices, impacting the construction and real estate industries as a 'wood shock'.