Mitsui Fudosan Financial Overview and Property Sales Business

11. Management Strategy 11-2: Response to Globalization Mitsui Fudosan has finalized a pilot project to participate in China and other dynamic East Asian areas London (Mitsui Fudosan (U.K.) Ltd.) Advance into East Asia Singapore Tokyo Shanghai (Mitsui Fudosan (Shanghai) Consulting Co., Ltd.) New York (Mitsui Fudosan (Asia) Pte. Ltd.) Respond to needs in East Asia (Mitsui Fudosan America, Inc.) *Construction has started at the Shanghai Condominium Project (February 2010) and at the Ningbo Outlet Project (April 2010). 35

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