Capital Campaign Kick-off

On August 10, 2011, LTSC hosted a reception at the Toyota USA Automobile Musuem
in Torrance to officially launch its capital campaign for the Budokan of Los Angeles
project.

The evening, which was graciously sponsored by Sansei Legacy, began with a preview
of potential programming at the facility-kendo demonstrations by Venice Kendo Club
and a taiko performance by Kishin Daiko from East San Gabriel Valley Japanese
Community Center. Emcee Tamlyn Tomita began the program by acknowledging many
important guests in the audience including Councilwoman Jan Perry, Chris Espinosa
from the Mayor’s office, plus many others.

Some highlights from the evening included a check presentation from the Aratani
Foundation which pledged $1 million to the Budokan capital campaign. In addition, Mr.
Ansho Uchima, who made a $50,000 pledge to the project, spoke on the importance of
having a home for martial arts. Jaime Hagiya, a former player for the USC Women’s
basketball team, spoke on the significance of sports on her life and how she is now
making a push to try out for the LA Sparks!

In the coming months, LTSC will move forward to begin raising the $22 million
which will include costs for the facility, pre-development and a parking structure. It is
anticipated that the campaign will last 2-3 years and LTSC will be targeting an array
of funding sources including public sector funding, foundations, corporations and
individuals for major naming opportunities.