Fiscal 2017 Financial Results (Japanese GAAP) (Unaudited)

Total Page:16

File Type:pdf, Size:1020Kb

Fiscal 2017 Financial Results (Japanese GAAP) (Unaudited) Fiscal 2017 Financial Results (Japanese GAAP) (Unaudited) Fiscal 2017 (Year ended March 31, 2017) All financial information has been prepared in accordance with accounting principles generally accepted in Japan. “JR East” refers to East Japan Railway Company on a consolidated basis, or if the context so requires, on a non-consolidated basis. English translation from the original Japanese-language document. April 28, 2017 East Japan Railway Company Stock Exchange Listing Tokyo Securities Code 9020 URL http://www.jreast.co.jp/e Representative Tetsuro Tomita, President and CEO Contact Person Toru Ishida, General Manager, Public Relations Department (Tel. +81-3-5334-1300) Scheduled Date of Ordinary General Meeting of Shareholders June 23, 2017 Scheduled Date of Dividend Payment Commencement June 26, 2017 Scheduled Date for Release of Annual Securities Report June 23, 2017 Preparation of Supplementary Explanations of Financial Results: No Financial Results Presentation to Be Held: Yes 1. Consolidated Results for Fiscal 2017 (Year Ended March 31, 2017) (Amounts less than one million yen, except for per share amounts, are omitted.) (1) Consolidated financial results (Percentages represent percentage changes as compared with the previous fiscal year.) Profit attributable to Operating revenues Operating income Ordinary income owners of parent Millions of yen % Millions of yen % Millions of yen % Millions of yen % Fiscal 2017 2,880,802 0.5 466,309 (4.4) 412,311 (3.9) 277,925 13.3 Fiscal 2016 2,867,199 4.0 487,821 14.1 428,902 18.5 245,309 36.0 Note: Comprehensive income – Fiscal 2017: 293,470 million yen (an increase of 35.0%), Fiscal 2016: 217,419 million yen (a decrease of 5.2%) Earnings Earnings Ratio of ordinary Ratio of operating Return on per share- per share- income to income to average equity Basic Diluted average assets operating revenues Yen Yen % % % Fiscal 2017 713.96 — 10.9 5.3 16.2 Fiscal 2016 625.82 — 10.4 5.6 17.0 Reference: Equity in net income (losses) of affiliated companies – Fiscal 2017: 2,056 million yen, Fiscal 2016: 2,565 million yen (2) Consolidated financial position Shareholders’ equity Total assets Net assets Equity ratio per share Millions of yen Millions of yen % Yen Fiscal 2017 7,911,114 2,675,353 33.5 6,825.51 Fiscal 2016 7,789,762 2,462,537 31.4 6,232.40 Reference: Shareholders’ equity – Fiscal 2017: 2,653,419 million yen, Fiscal 2016: 2,442,128 million yen (3) Consolidated cash flows Net cash provided by Net cash used in Net cash used in Cash and cash equivalents operating activities investing activities financing activities at end of year Millions of yen Millions of yen Millions of yen Millions of yen Fiscal 2017 652,906 (557,538) (116,280) 287,125 Fiscal 2016 673,109 (499,575) (110,265) 307,809 1 2. Dividends (Year Ended March 31, 2016 and 2017 and Year Ending March 31, 2018) Dividends per share Ratio of Total Dividend dividends to 1st quarter 2nd quarter 3rd quarter Total dividends ratio shareholders’ (Record date) Year end end end end annual (annual) (consolidated) equity (consolidated) Yen Yen Yen Yen Yen Millions of yen % % Fiscal 2016 - 65.00 - 65.00 130.00 50,983 20.8 2.2 Fiscal 2017 - 65.00 - 65.00 130.00 50,580 18.2 2.0 (Forecast) Fiscal 2018 - 70.00 - 70.00 140.00 - 19.0 - 3. Forecasts for Fiscal 2018 (Year Ending March 31, 2018) (Percentages represent percentage changes as compared with the previous corresponding fiscal period or fiscal year, as applicable.) Earnings Profit attributable to Operating revenues Operating income Ordinary income per share- owners of parent Basic Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Six-month period ending 1,454,000 1.3 281,000 1.2 250,000 2.1 173,000 5.0 445.02 September 30, 2017 Fiscal 2018 2,930,000 1.7 472,000 1.2 424,000 2.8 286,000 2.9 735.69 ※ Notes (1) Changes to principal subsidiaries during the period (status changes of specified subsidiaries due to changes in the scope of consolidation): No Newly consolidated - excluded - (2) Changes in accounting policies, changes in accounting estimates, and restatement of revisions i Changes in accounting policies with revision of accounting standards : Yes ii Changes in accounting policies other than the above : No iii Changes in accounting estimates : No iv Restatement of revisions : No Note: For details, please refer to “Changes in Accounting Policies, Changes in Accounting Estimates and Restatement of Revisions” on page 24 in the Attachments. (3) Number of issued shares (common stock) i Issued shares at period-end (including treasury stock) Fiscal 2017 389,407,900 shares Fiscal 2016 392,500,000 shares ii Treasury stock at period-end Fiscal 2017 657,657 shares Fiscal 2016 655,903 shares iii Average number of shares Fiscal 2017 389,272,266 shares Fiscal 2016 391,979,983 shares during period 2 (Reference) Overview of the Non-consolidated Financial Results 1. Non-consolidated Results for Fiscal 2017 (Year Ended March 31, 2017) (Amounts less than one million yen, except for per share amounts, are omitted.) (1) Non-consolidated financial results (Percentages represent percentage changes as compared with the previous fiscal year.) Operating revenues Operating income Ordinary income Profit Millions of yen % Millions of yen % Millions of yen % Millions of yen % Fiscal 2017 2,068,807 0.6 388,608 (5.2) 341,615 (5.0) 243,347 16.4 Fiscal 2016 2,057,342 4.6 409,994 16.3 359,483 19.2 209,031 33.0 Earnings Earnings per share- per share- Basic Diluted Yen Yen Fiscal 2017 624.60 — Fiscal 2016 532.82 — (2) Non-consolidated financial position Shareholders’ equity Total assets Net assets Equity ratio per share Millions of yen Millions of yen % Yen Fiscal 2017 7,379,373 2,199,992 29.8 5,654.30 Fiscal 2016 7,270,274 2,027,645 27.9 5,170.23 Reference: Shareholders’ equity – Fiscal 2017: 2,199,992 million yen, Fiscal 2016: 2,027,645 million yen 2. Forecasts for Fiscal 2018 (Year Ending March 31, 2018) (Percentages represent percentage changes as compared with the previous corresponding fiscal period or fiscal year, as applicable.) Earnings Operating revenues Operating income Ordinary income Profit per share- Basic Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Six-month period ending 1,047,000 0.5 249,000 2.7 229,000 4.7 165,000 7.9 424.07 September 30, 2017 Fiscal 2018 2,079,000 0.5 393,000 1.1 351,000 2.7 247,000 1.5 634.83 ※ Financial results are not subject to auditing. ※ Explanation of appropriate use of forecasts of business results; other important items The forecasts of business results and other forward-looking statements in this document are based on information available as of the date of this document and on certain assumptions that JR East viewed as reasonable as of the date of this document. Actual results may differ from such forward-looking statements for a variety of reasons. Regarding the forecasts of business results, please refer to “Outlook for the Year Ending March 31, 2018” on page 8 of this document. JR East is scheduled to hold an analysts’ meeting on May 1, 2017, to present its operating results for Fiscal 2017. JR East plans to upload the presentation materials distributed at such meeting to its website as soon as the meeting is over. 3 Contents of Attachments 1. Operating Results and Financial Position ......................................................... 5 (1) Analysis of Operating Results .................................................................................................................. 5 (2) Analysis of Financial Position ................................................................................................................... 8 (3) Basic Dividend Policy and Dividends for Fiscal 2017 and Fiscal 2018 .................................................... 9 2. Status of the Group .................................................................................... 10 3. Management Policies ................................................................................. 12 (1) Basic Management Policies ................................................................................................................... 12 (2) Medium- to Long-Term Management Strategies and Issues to Be Addressed ..................................... 12 (3) Progress in Management Framework and Management Benchmarks .................................................. 14 4. Basic Policy for Selection of Accounting Standards .......................................... 16 5. Consolidated Financial Statements and Main Notes ......................................... 17 (1) Consolidated Balance Sheets ................................................................................................................ 17 (2) Consolidated Statements of Income and Comprehensive Income ........................................................ 19 (3) Consolidated Statements of Changes in Net Assets ............................................................................. 21 (4) Consolidated Statements of Cash Flows ............................................................................................... 23 (5) Notes to Consolidated Financial Statements ......................................................................................... 24 (Notes on Going Concern Assumption) .............................................................................................. 24 (Changes in Accounting Policies, Changes in Accounting Estimates and Restatement of Revisions) 24 (Segment Information) .......................................................................................................................
Recommended publications
  • East Japan Railway Company Shin-Hakodate-Hokuto
    ANNUAL REPORT 2017 For the year ended March 31, 2017 Pursuing We have been pursuing initiatives in light of the Group Philosophy since 1987. Annual Report 2017 1 Tokyo 1988 2002 We have been pursuing our Eternal Mission while broadening our Unlimited Potential. 1988* 2002 Operating Revenues Operating Revenues ¥1,565.7 ¥2,543.3 billion billion Operating Revenues Operating Income Operating Income Operating Income ¥307.3 ¥316.3 billion billion Transportation (“Railway” in FY1988) 2017 Other Operations (in FY1988) Retail & Services (“Station Space Utilization” in FY2002–2017) Real Estate & Hotels * Fiscal 1988 figures are nonconsolidated. (“Shopping Centers & Office Buildings” in FY2002–2017) Others (in FY2002–2017) Further, other operations include bus services. April 1987 July 1992 March 1997 November 2001 February 2002 March 2004 Establishment of Launch of the Launch of the Akita Launch of Launch of the Station Start of Suica JR East Yamagata Shinkansen Shinkansen Suica Renaissance program with electronic money Tsubasa service Komachi service the opening of atré Ueno service 2 East Japan Railway Company Shin-Hakodate-Hokuto Shin-Aomori 2017 Hachinohe Operating Revenues ¥2,880.8 billion Akita Morioka Operating Income ¥466.3 billion Shinjo Yamagata Sendai Niigata Fukushima Koriyama Joetsumyoko Shinkansen (JR East) Echigo-Yuzawa Conventional Lines (Kanto Area Network) Conventional Lines (Other Network) Toyama Nagano BRT (Bus Rapid Transit) Lines Kanazawa Utsunomiya Shinkansen (Other JR Companies) Takasaki Mito Shinkansen (Under Construction) (As of June 2017) Karuizawa Omiya Tokyo Narita Airport Hachioji Chiba 2017Yokohama Transportation Retail & Services Real Estate & Hotels Others Railway Business, Bus Services, Retail Sales, Restaurant Operations, Shopping Center Operations, IT & Suica business such as the Cleaning Services, Railcar Advertising & Publicity, etc.
    [Show full text]
  • IR Presentation
    IR Presentation For the Fiscal Period Ended October 2020 (12th Fiscal Period) Securities Code: 3451 Contents Tosei Reit Investment Corporation 3 Overview of Financial Results 21 Earnings/Cash Distribution Forecast ⚫ Overview of the 12th Fiscal Period ⚫ Basic Policy and Points of Management for the Near Term ⚫ Impact of COVID-19 and Response ⚫ Earnings Forecast for the 13th and 14th Fiscal Periods ⚫ Cash Distribution per Unit ⚫ Increase in Cash Distribution 7 Operating Results 25 ESG ⚫ Occupancy Rate ⚫ ESG - Environment - ⚫ Rent Status - New Contracts and Cancellations ⚫ ESG - Social - ⚫ Rent Status - Rent Revision ⚫ ESG - Governance - ⚫ Tama Center Tosei Building: ⚫ Connection Between Tosei Reit’s Key Issues and SDGs Expiration of Fixed-Rent Master Lease Agreement ⚫ Initiatives for Maintaining and Enhancing Asset Value 30 Appendix ⚫ Initiatives for Maintaining and Enhancing Asset Value ⚫ Changes in Portfolio (Residential Properties) ⚫ Main Portfolio Indicators ⚫ Status of Appraisal Value and Unrealized Gains at End of Distribution of Tenants (at End of 12th Fiscal Period) 12th Fiscal Period ⚫ ⚫ Unitholder Composition (at End of 12th Fiscal Period) 15 Property Acquisition ⚫ Balance Sheet ⚫ Changes to Portfolio ⚫ Statement of Income ⚫ Newly Acquired Properties ⚫ Portfolio List (54 properties) (1) - (2) ⚫ Overview of Portfolio and Earnings Performance of Properties (at End of 12th Fiscal Period) (1) - (8) 18 Financial Status ⚫ Profile of Tosei Reit ⚫ Financial Management (1) - (2) ⚫ Profile of Tosei Asset Advisors, Inc. ⚫ Disclaimer Earnings Announcement for 12th Fiscal Period 2 Tosei Reit Investment Corporation Overview of Financial Results Earnings Announcement for 11th Fiscal Period 3 Overview of the 12th Fiscal Period Tosei Reit Investment Corporation ◼ Results for the 12th Fiscal Period ◼ Property-Related Operating Revenue (¥ MM) (comparison with forecast) (¥ MM) 12th FP (Ended October 2020) 11th FP 12th FP (Ended Oct.
    [Show full text]
  • FY2020.3 Capital Expenditure Plan
    East Japan Railway Company April 25, 2019 FY2020.3 Capital Expenditure Plan East Japan Railway Company (JR East) today announced the formulation of its FY2020.3 capital expenditure plan. With the aim of realizing the JR East Group Management Vision “Move Up” 2027, JR East will increase the safety and reliability of transportation through investment needed for the continuous operation of business, conduct well-modulated growth investment that enhances earning power, and proceed steadily and flexibly with priority budget allocation that contributes to work reform and working style reform. Planned consolidated capital expenditure for FY2020.3 is ¥768.0 billion, an increase of approximately ¥138.0 billion from capital expenditure in FY2019.3, and planned non-consolidated capital expenditure for FY2020.3 is ¥613.0 billion, an increase of approximately ¥104.0 billion from capital expenditure in FY2019.3 ○ Major capital expenditure JR East will proceed with the installation of automatic platform gates to enhance the safety of railway station platforms, and we will begin using automatic platform gates at Shimbashi Station and Hamamatsucho Station (Yamanote Line), and Kawaguchi Station, Yokohama Station, Shimbashi Station, Warabi Station, etc. (Keihin-Tohoku Line). Furthermore, we will introduce “Smart” Automatic Platform Gate ®*1 at Warabi Station. *1 “Smart” Automatic Platform Gate is a registered trademark of JR East Mechatronics Co., Ltd. JR East will steadily advance safety measures, including measures to protect against major earthquakes and measures to prevent railway crossing accidents, while steadily implementing transportation reliability measures, such as the strengthening of electric facilities in the Tokyo metropolitan area and the renewal of aging facilities.
    [Show full text]
  • Area Locality Address Description Operator Aichi Aisai 10-1
    Area Locality Address Description Operator Aichi Aisai 10-1,Kitaishikicho McDonald's Saya Ustore MobilepointBB Aichi Aisai 2283-60,Syobatachobensaiten McDonald's Syobata PIAGO MobilepointBB Aichi Ama 2-158,Nishiki,Kaniecho McDonald's Kanie MobilepointBB Aichi Ama 26-1,Nagamaki,Oharucho McDonald's Oharu MobilepointBB Aichi Anjo 1-18-2 Mikawaanjocho Tokaido Shinkansen Mikawa-Anjo Station NTT Communications Aichi Anjo 16-5 Fukamachi McDonald's FukamaPIAGO MobilepointBB Aichi Anjo 2-1-6 Mikawaanjohommachi Mikawa Anjo City Hotel NTT Communications Aichi Anjo 3-1-8 Sumiyoshicho McDonald's Anjiyoitoyokado MobilepointBB Aichi Anjo 3-5-22 Sumiyoshicho McDonald's Anjoandei MobilepointBB Aichi Anjo 36-2 Sakuraicho McDonald's Anjosakurai MobilepointBB Aichi Anjo 6-8 Hamatomicho McDonald's Anjokoronaworld MobilepointBB Aichi Anjo Yokoyamachiyohama Tekami62 McDonald's Anjo MobilepointBB Aichi Chiryu 128 Naka Nakamachi Chiryu Saintpia Hotel NTT Communications Aichi Chiryu 18-1,Nagashinochooyama McDonald's Chiryu Gyararie APITA MobilepointBB Aichi Chiryu Kamishigehara Higashi Hatsuchiyo 33-1 McDonald's 155Chiryu MobilepointBB Aichi Chita 1-1 Ichoden McDonald's Higashiura MobilepointBB Aichi Chita 1-1711 Shimizugaoka McDonald's Chitashimizugaoka MobilepointBB Aichi Chita 1-3 Aguiazaekimae McDonald's Agui MobilepointBB Aichi Chita 24-1 Tasaki McDonald's Taketoyo PIAGO MobilepointBB Aichi Chita 67?8,Ogawa,Higashiuracho McDonald's Higashiura JUSCO MobilepointBB Aichi Gamagoori 1-3,Kashimacho McDonald's Gamagoori CAINZ HOME MobilepointBB Aichi Gamagori 1-1,Yuihama,Takenoyacho
    [Show full text]
  • Dormy Funabashi
    Dormy List ドーミーリスト INDEX by Area TOKYO|東京都 KANAGAWA|神奈川県 SAITAMA|埼⽟県 CHIBA|千葉県 Update: 2019/07/10 Contact: [email protected] Tokyo 東京都 ■ Dormy Ayase 3 【Details】 Address:3-9-19 Kosuge, Katsushika-ku, Tokyo Access:12-minute walk from Ayase sta. (Chiyoda Line) 10-minute walk from Horikirishobuen sta. (Keisei Line) Building:3-story reinforced concrete Room:Western style 7.92-12.90 ㎡ Capacity: 105 people 【 Room Facilities : Room type A 】 ・Desk・Chair・Bed・Book shelf ・Closet・IP Phone・A/C・Curtain 【Shared Facilities】 ・Dining・Kitchen・Public bathroom・Private shower ・ ・ Laundry room Bicycle parking ・Outside clothes-drying area ・Automatically locking door 【MAP】 Dormy Ayase 3 ■ Dormy Ayase Lei 【Details】 Address:2-13-20 Kosuge, Katsushika-ku, TOKYO Access:12-minute walk from Ayase sta. (Chiyoda Line) 10-minute walk from Horikiri-Shobuen sta. (Keisei Line) Building:3-story reinforced concrete Room:Western style roomⅠ: 8.10 ㎡ roomⅡ: 12.96 ㎡ Capacity: 128 people 【 Room Facilities : Room type A 】 ・Desk・Chair・Bed・Book shelf ・IP Phone・A/C・Curtain・Closet 【Shared Facilities】 ・Dining・Private shower・Public bath・Laundry room ・Bicycle parking lots・Automatically locking door ・Mailbox・Outside clothes-drying area ・Kitchen(Gas stove) ・Massage Chair 【MAP】 Dormy Ayase Lei ■ Dormy Naka-Kasai 【Details】 Address:3-25-5 Naka-Kasai, Edogawa-ku, Tokyo Access:6-minute walk from Kasai sta. (Tozai Line) Building:3-story heavy weight steel structure Room:Western style roomⅠ: 8.10 ㎡ Capacity: 92 people 【 Room Facilities : Type A 】 ・Desk・Chair・Bed・Book shelf ・IP Phone・A/C・Curtain・Closet 【Shared Facilities】 ・Dining Room・Private Shower・Public Bath ・Bicycle Parking・Automatic Lock Gate ・Mailbox・Outside Laundry-Drying Area ・Kitchen(Gas stove) ・Laundry Room 【MAP】 Towards Kasai-bashi Convenience Store Towards Urayasu Dormy Koban Lottery Shop Nagashima Naka-Kasai Rikkyo Japanese Restaurant Marimo Restaurant Marine Park Ramen Shop Seven Eleven Pedestrian Trail Community Hall Post Office DOCOMO Hirokuni Clinic Bloom Seven Eleven Cassino My Basket Pachinko Tomin Bank Kasai Sta.
    [Show full text]
  • Annual Report 2019 for the Year Ended March 31, 2019 Our Value Creation Thus Far Providing Services Focused on Railways Shin-Hakodate-Hokuto
    Annual Report 2019 For the year ended March 31, 2019 Our Value Creation Thus Far Providing services focused on railways Shin-Hakodate-Hokuto For more than 30 years, the JR East Group has Shin-Aomori advanced a railway-focused business. The Group has Average Number of Passengers per Day Hachinohe grown through the use of railway-related infrastructure, Approx. technology, and expertise to increase the convenience of its railway network and railway stations, thereby encouraging more customers to use them. Akita Morioka 17.9 million Total Population of Japan Shinjo 2019 Transportation million Yamagata Sendai 126.4 Top 5 Stations services Source: Population Estimates, Niigata with Large Daily Passenger Use* Statistics Bureau, Ministry of - Railway Business, Bus Services, Internal Affairs and Communications Fukushima Cleaning Services, Railcar Manufacturing 1 Shinjuku 1,578,732 Koriyama Operations, etc. Joetsu-Myoko 2 Ikebukuro 1,133,988 Echigo-Yuzawa Toyama Nagano 3 Tokyo 934,330 Utsunomiya 1987 Kanazawa Takasaki Mito Karuizawa 4 Yokohama 847,302 Shinkansen (JR East) Conventional Lines (Kanto Area Network) Omiya Conventional Lines (Other Network) BRT (Bus Rapid Transit) Lines Tok yo Narita Airport 5 Shinagawa 766,884 Hachioji Shinkansen (Other JR Companies) Chiba Shinkansen (Under Construction) Yokohama * The number of station users represents twice the number of (As of June 2019) passengers embarking. 2019 Life-style JR East’s shopping centers services - Retail Sales, Restaurant Operations, Advertising & Publicity, etc. - Shopping Center Operations, Leasing of Office Buildings, 169 Hotel Operations, etc. Office buildings– Leased floor space 2002 2 Launch of the Station 380,000 m Renaissance program with the opening of atré Ueno Hotels–Total guest rooms 7,420 IT & Suica 2019 Suica cards issued services - Credit Card Business, Information Processing Business, etc.
    [Show full text]
  • Investment Plan for the Acceleration of “Move Up” 2027 FY2022.3 Capital Expenditure Plan
    East Japan Railway Company April 28, 2021 Investment Plan for the Acceleration of “Move Up” 2027 FY2022.3 Capital Expenditure Plan With a view to the early realization of “Move Up” 2027, East Japan Railway Company (JR East) will proactively conduct growth investment that helps improve profitability, such as JR Kawasaki Tower of KAWASAKI DELTA, and will also steadily implement priority budget allocation investment that contributes to work reform and other initiatives. Meanwhile, in light of the impact of COVID-19 and with ensuring safety as a premise, the Company will endeavor to reduce the cost of investment needed for the continuous operation of business. Planned consolidated capital expenditure for FY2022.3 is ¥674.0 billion, a decrease of approximately ¥18.0 billion from capital expenditure in FY2021.3, and planned non-consolidated capital expenditure for FY2022.3 is ¥551.0 billion, an increase of approximately ¥16.0 billion from capital expenditure in FY2021.3 ○ Major capital expenditure * Includes certain items already in use Transportation services The Company will proceed with the installation of automatic platform gates, etc. to enhance the safety of railway station platforms. The Company will begin using automatic platform gates at Tabata Station (Keihin-Tohoku Line), Shin-Yokohama Station (Yokohama Line) and Musashi-Kosugi Station (Nambu Line), etc. Further, the Company aims to implement the installation of automatic platform gates as soon as possible by continuing to actively introduce Smart Platform Doors®,*1 which were first introduced at Warabi Station on the Keihin-Tohoku Line in February 2020. *1 “Smart” Automatic Platform Gate is a registered trademark of JR East Mechatronics Co., Ltd.
    [Show full text]
  • (OKI Business Center No.5) of Trust Beneficiary Interest
    September 14, 2020 Real Estate Investment Trust Unit Issuer: TOKYU REIT, Inc. 1-12-1, Dogenzaka, Shibuya-ku, Tokyo, 150-0043, Japan Kazuyoshi Kashiwazaki Executive Director (Securities Code: 8957) Investment Management Company: Tokyu Real Estate Investment Management Inc. Representative: Kazuyoshi Kashiwazaki Representative Director & President, Chief Executive Officer Inquiries: Kiyoshi Yamakawa Chief Financial Officer and General Manager, Finance and IR TEL: +81-3-5428-5828 Notice Concerning Acquisition (OKI Business Center No.5) of Trust Beneficiary Interest in Domestic Real Estate and Disposition (OKI System Center (Land with Leasehold Interest)) of Domestic Real Estate TOKYU REIT, Inc. (“TOKYU REIT”) today announced that its investment management company, Tokyu Real Estate Investment Management Inc. (“Tokyu REIM”), had decided to acquire trust beneficiary interest in domestic real estate and dispose of domestic real state (respectively referred to as the “Acquisition” and the “Disposition”) (the Acquisition and the Deposition collectively referred to as the “Transaction”). Brief details are as follows. 1. Transaction Details 1.1 Acquisition Details Property Name OKI Business Center No.5 Location 4-10-16 Shibaura, Minato-ku, Tokyo ¥11,900 million Acquisition Price (Excluding acquisition-related costs, property tax, city planning tax, etc.) Seller Domestic company (Please refer to “6. Seller and Purchaser Profile”) Brokerage Yes Decision of Acquisition September 14, 2020 Contract Date September 14, 2020 Acquisition Date September 28,
    [Show full text]
  • 1 October 10, 2019 for Translation Purpose Only Real Estate
    October 10, 2019 For Translation Purpose Only Real Estate Investment Trust Securities Issuer Tosei Reit Investment Corporation 4-2-3 Toranomon, Minato-ku, Tokyo Representative: Takayoshi Kitajima, Executive Director (Securities Code: 3451) Asset Management Company Tosei Asset Advisors, Inc. Representative: Akihiko Fujinaga, President & Representative Director Inquiries: Keiji Miyaishi General Manager, Treasury & Planning Department, REIT Division (TEL: +81-3-3433-6320) Notice Concerning Acquisition of Real Estate Trust Beneficiary Rights and Leases (Total of 12 Properties) Tosei Reit Investment Corporation (“Tosei Reit”) announces that its asset management company Tosei Asset Advisors, Inc. (the “Asset Management Company”) today decided on acquisition of the real estate trust beneficiary rights of the following 12 properties (the “to-be-acquired assets”) and corresponding commencement of leasing, as described below. Furthermore, the decision on acquisition of the to-be-acquired assets, with the exception of corresponding commencement of leasing was subject to approval of Tosei Reit’s board of directors, pursuant to the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951; including amendments thereto) (the “Investment Trusts Act”) and the Asset Management Company’s related- party transaction rules. 1. Overview of the Acquisition Anticipated Anticipated Appraisal acquisition Property Property acquisition NOI yield Type Location price (JPY Brokerage number name date (%) million) (Note 1) (Note 3) (Note 2) Yokohama-
    [Show full text]
  • Gyu-Kaku Japan Store List * Capital Region Only
    * As of September 19, 2011 Gyu-Kaku Japan Store List * Capital region only. Other area will be updating soon. Store Name *Alphabetical Post Code Address TEL Nearest Station Tokyo Gyu-Kaku Akabane 1150045 1-21-3-1F Akabane, Kita-ku, Tokyo 0352495529 Akabane Station Gyu-Kaku Akasakamitsuke 1070052 3-10-10-2F Higashiomiya, Minumaku, Saitama-shi, Saitama 0355726129 Akasakamitsuke Station Gyu-Kaku Akihabara Ekimae 1010021 1-15-9-8F Sotokanda, Chiyoda-ku, Tokyo 0352971929 Akihabara Station Gyu-Kaku Akihabara Showa-dori-guchi 1010025 1-24 Sakumacho, Kanda, Chiyoda-ku 0335266029 Akihabara Station Gyu-Kaku Akiruno 1970804 1-15-6 Akigawa, Akiruno-shi, Tokyo 0425324531 Akigawa Station Gyu-Kaku Akishima 1960015 5-14-17-1F Showacho, Akishima-shi, Tokyo 0425491929 Akishima Station Gyu-Kaku Akishima Mori-town 1960014 562-1-3F Tanakacho, Akishima-shi, Tokyo 0425006329 Akishima Station Gyu-Kaku Akitsu 2040004 5-298-5-2F Noshio, Kiyose-shi, Tokyo 0424967129 Akitsu Station Gyu-Kaku Aoto 1240012 6-30-8-2F Tateishi, Katsushika-ku, Tokyo 0356718929 Aoto Station Gyu-Kaku Asagayakitaguchi 1660001 2-1-3-3F Asagayakita, Suginami-ku, Tokyo 0353275629 Asagaya Station Gyu-Kaku Asakusa 1110032 1-32-11-B1F Asakusa, Taito-ku, Tokyo 0358305929 Asakusa Station Gyu-Kaku Asakusa Kokusaidori 1110035 2-13-9-2F Nishiasakusa, Taito-ku, Tokyo 0358272120 Tawaramachi Station Gyu-Kaku Asakusabashi 1110053 2-29-13-2F Asakusaba-shi, Taito-ku, Tokyo 0358351129 Asakusabashi Station Gyu-Kaku Awashimadori 1540005 2-38-7-1F Mishuku, Setagaya-ku, Tokyo 0357796829 Ikenoue Station Gyu-Kaku
    [Show full text]
  • IR Presentation
    IR Presentation For the Fiscal Period Ended April 30, 2021 (13th Fiscal Period) Securities Code: 3451 Contents Tosei Reit Investment Corporation 3 Overview of Financial Results 23 ESG ⚫ Overview of the 13th Fiscal Period ⚫ Response to Environmental and Social Issues through ⚫ Cash Distribution per Unit Management of Tosei Reit ⚫ ESG - Environment - 6 Operating Results ⚫ ESG - Social - (1) - (2) ⚫ Occupancy Rate ⚫ ESG - Governance - ⚫ Rent Status - New Contracts and Cancellations ⚫ Status of Same-Boat Investment by Tosei Corporation ⚫ Rent Status - Rent Revision (Sponsor) ⚫ Initiatives for Maintaining and Enhancing Asset ⚫ Connection Between Tosei Reit’s Key Issues and SDGs Value - CAPEX Investment - ⚫ Initiatives for Maintaining and Enhancing Asset 31 Appendix Value (Offices) ⚫ Changes in Portfolio ⚫ Initiatives for Maintaining and Enhancing Asset ⚫ Main Portfolio Indicators Value (Residential Properties) ⚫ Distribution of Tenants (at End of 13th Fiscal Period) Status of Appraisal Value and Unrealized Gains at ⚫ ⚫ Unitholder Composition (at End of 13th Fiscal Period) End of 13th Fiscal Period ⚫ Balance Sheet ⚫ Changes to Portfolio ⚫ Statement of Income 15 Financial Status ⚫ Portfolio List (52 properties) (1) - (2) ⚫ Financial Management (1) - (2) ⚫ Overview of Portfolio and Earnings Performance of Properties (at End of 13th Fiscal Period) (1) - (8) 18 Earnings/Cash Distribution Forecast ⚫ Profile of Tosei Reit ⚫ Reconsider the Management of Tosei Reit ⚫ Profile of Tosei Asset Advisors, Inc. ⚫ Management Summary for the 14th and 15th ⚫ Disclaimer Fiscal Periods ⚫ Earnings Forecast for the 14th and 15th Fiscal Periods ⚫ Increase in Cash Distribution Earnings Announcement for 13th Fiscal Period 2 Tosei Reit Investment Corporation Overview of Financial Results Earnings Announcement for 13th Fiscal Period 3 Overview of the 13th Fiscal Period Tosei Reit Investment Corporation ◼ Results for the 13th Fiscal Period (¥ MM) ◼ Property-Related Operating Revenue and Expenses (¥ MM) (comparison with forecast) 13th FP (Ended Apr.
    [Show full text]
  • IR Presentation
    For the Fiscal Period Ended October 31, 2018 (8th Fiscal Period) IR Presentation Securities Code: 3451 Contents 3 Overview of Financial Results 23 APPENDIX Overview of the 8th Fiscal Period Governance and Social Initiatives Cash Distribution per Unit Environmental Initiatives Unitholder Composition (at End of 8th Fiscal Period) 6 Operating Results IR Activities Occupancy Rate Balance Sheet Rent Situation Statement of Income Key Occupancy Rate Changes / Portfolio List (36 properties) ML and End Tenant Occupancy Rates Distribution of Tenants (at End of 8th Fiscal Period) Investments to Maintain/Improve Property Value and Occupancy Rate Earnings Performance of Properties (1) (at End of 8th Fiscal Period) Appraisal Value at End of 8th Fiscal Period Earnings Performance of Properties (2) Status of Unrealized Gains (at End of 8th Fiscal Period) (at End of 8th Fiscal Period) Earnings Performance of Properties (3) 13 After Public Offering and (at End of 8th Fiscal Period) Property Transfer Earnings Performance of Properties (4) (at End of 8th Fiscal Period) Earnings Forecast for the 9th and 10th Fiscal Periods Earnings Performance of Properties (5) (at End of 8th Fiscal Period) Acquisition of 6 Properties (¥10,692 MM) and Transfer of 1 Property (¥1,150 MM) List of Properties (1) Changes in Portfolio List of Properties (2) Main Portfolio Indicators List of Properties (3) New Borrowings and Refinancing List of Properties (4) Financial Management List of Properties (5) List of Properties (6) 20 Future Policy Profile
    [Show full text]