DOCSLIB.ORG

IR Presentation

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read 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. 2020) (Ended Forecast Compared Actual Forecast Actual Announced with Differences April 2020) Results Announced June Results June 15, 2020 Forecast 15, 2020 Days in Property-related operating 182 184 184 - 3,040.2 3,097.4 57.1 operation revenue Rent, common service income, Operating 2,771.1 2,818.9 47.8 2,996 3,040 3,097 +1.9% facility income revenue Operating ・ Offices 1,322.8 1,342.1 19.2 1,501 1,453 1,532 +5.5% income ・ Retail facilities 237.0 242.0 4.9 Ordinary 1,244 1,172 1,259 +7.5% ・ Residential properties 1,211.1 1,234.7 23.5 income Utilities revenue 218.9 219.4 0.5 Net income 1,243 1,171 1,258 +7.5% Other operating revenue (construction to restore properties to 50.1 58.9 8.7 Cash original state, renewal fees, cancellation distribution 3,696 3,520 3,697 +5.0% penalties, etc.) per unit (¥) ◼ Property-Related Operating Expenses (¥ MM) (comparison with forecast) Total assets 76,345 - 77,012 - 12th FP (Ended Oct. 2020) Forecast Actual Differences ◼ Main Factors of Change in Net Income (comparison with forecast) Announced Results June 15, 2020 (¥ MM) 1,300 Property-related operating Results 1,313.2 1,288.1 -25.1 1,258 expenses 1,250 PMBM fees 292.0 293.7 1.7 +25.1 +5.2 Utilities expenses 236.8 222.4 -14.4 +87.5 Decrease in Forecast +57.1 property-related 1,200 operating Repair and maintenance expenses 121.5 123.0 1.5 1,171 expenses Other Property taxes 219.9 219.7 -0.1 Forecast Increase in 1,171 Other 1,150 property- 92.2 68.2 -24.0 related (advertising expenses, etc.) operating revenue Depreciation 350.6 360.8 10.1 1,100 分類 1 分類 2 分類 3 分類 4 分類 5 (Note) The forecast is the forecast figure for the 12th FP ended October 2020 released Earnings Announcement for 12th Fiscal Period 4 on June 15, 2020. Impact of COVID-19 and Response Tosei Reit Investment Corporation ⚫ Status of Response to Rent Reduction/Exemption, Etc. in 12th FP ◼ Status of Request for Rent Reduction/Exemption, Etc. (¥ MM) (reduction/exemption, postponement) and Future Outlook Expectation Results Number of (Number of ⚫ 12th FP Amount Amount implemented requests) • Sincerely responded to each tenant based on the requests from cases shops, etc., and conducted rent reduction/exemption, etc. for 11 Total 12.5 4.4 11 (42) tenants Shops, etc. 12.5 4.4 11 (31) • Although rent revenue decreased due to rent reduction/exemption, Other than shops, etc. 0.0 0.0 0 (11) etc., it fell below the expectations at the beginning of the period Impact on cash distribution -37 -13 - - • No specific issues have occurred regarding the status of rent per unit (¥) payment after the end of the response to rent reduction/exemption, etc. ⚫ Reflection on Earnings Forecast for the 13th and 14th Fiscal Periods (¥ MM) ⚫ 13th FP and 14th FP 13th FP 14th FP • Revise the currently expected amount as the period of rent Initially expected Currently expected Expected amount reduction/exemption, etc. is long and the impact will continue to be amount amount seen until the 14th FP for some requests that were handled in the Direct impact due to rent 0 8.1 3.9 12th FP reduction/exemption, etc. • Estimate a certain amount regarding the impact of the economic Secondary impact due to 13.8 5.1 - downturn caused by COVID-19 and record it in the 13th FP for the economic downturn contracts that have not been actualized as of now Total 13.8 13.3 3.9 Impact on cash distribution -41 -39 -12 ◼ Ratio of the Leased Area of Shops, Etc. in Entire Portfolio per unit (¥) (based on leasable area) ⚫ Status of Response by Use Use Status of Response Ratio of Shops, Etc. in Entire Portfolio Breakdown by Type of Shop, Etc. ⚫ Principally plans not to accept requests for rent Offices reduction/exemption, etc. of the portion used as offices. Shops, etc., Other Restaurant Declined 7 requests in the 12th FP 10.6% 12.1% service 13.2% ⚫ Conduct hearing of business conditions including temporary closure from tenants using the property as shops, etc. and individually responding to them Shops Sports club ⚫ Agreement on rent reduction/exemption, etc. was reached with 13.4% Product sales 27.7% 11 out of the 31 tenants who made requests (cancelled lease Nursery/day care contract with 1 tenant) 5.1% ⚫ Principally plan not to accept requests for rent Other than Residential reduction/exemption, etc. from tenants using the property as shops, etc., 87.9% Cram school proprieties 13.2% Clinic residence. Declined 2 requests in the 12th FP 16.7% Parking lot and ⚫ Declined 2 requests for rent reduction/exemption of parking lot other (Note) Calculated for a total of 54 properties consisting of 50 properties owned as of the end of the 12th Earnings Announcement for 12th Fiscal Period 5 Fiscal Period and 4 properties acquired in the 13th Fiscal Period. Cash Distribution per Unit Tosei Reit Investment Corporation ⚫ Actual result for the 12th Fiscal Period was ¥3,697 per unit, +¥177 (+5.0%) from the most recent forecast ‐ The portion scheduled to be distributed through the reversal of internal reserve (¥80) will be retained to prepare for the stabilization of future cash distribution payment Cash distribution per unit (¥) Initial forecast (Note) 4,500 Actual Results 4,052 4,000 Capital 3,675 3,696 3,697 3,592 3,532 gain, etc. 3,520 3,435 ¥534 3,430 3,480 (Note) 3,500 3,371 3,382 3,208 3,256 3,259 3,202 3,252 3,263 3,063 2,986 Reversal 3,000 2,844 Reversal of internal reserve of internal 2,772 ¥90 reserve ¥80 2,500 1,938 2,000 1,500 1,000 500 373 0 1st FP Results 2nd FP Results 3rd FP Results 4th FP Results 5th FP Results 6th FP Results 7th FP Results 8th FP Results 9th FP Results 10th FP Results 11th FP Results 12th FP Results (Ended Apr. (Ended Oct. (Ended Apr. (Ended Oct. (Ended Apr. (Ended Oct. (Ended Apr. (Ended Oct. (Ended Apr. (Ended Oct. (Ended Apr. (Ended Oct. 2015) 2015) 2016) 2016) 2017) 2017) 2018) 2018) 2019) 2019) 2020) 2020) IPO 1st PO 2nd PO 3rd PO 4th PO 5th PO 12 properties 5 properties 1 property 5 properties 8 properties 6 properties 1 property 12 properties 1 property ¥17.4 BN ¥11.9 BN ¥1.4 BN ¥5.3 BN ¥9.8 BN ¥10.6 BN ¥1.0 BN ¥11.9 BN ¥1.6 BN (Note) Initial forecast indicates figures initially announced. However, the initial forecast for 12th FP ended October 2020 is the figure released on June 15, 2020. Earnings Announcement for 12th Fiscal Period 6 Tosei Reit Investment Corporation Operating Results Earnings Announcement for 11th Fiscal Period 7 Occupancy Rate Tosei Reit Investment Corporation ◼ Change in Occupancy Rate (%) ⚫ The occupancy rate as of the end of the 12th Fiscal Period was 97.7%, 7th FP 8th FP 9th FP 10th FP 11th FP 12th FP remaining at the same level as that at the end of the previous fiscal 100 period. The stable trend was also seen with the exertion of the strengths of diversified REITs 99 • For offices, successfully achieved 100% occupancy for 2 properties (Hon-Atsugi and Higashitotsuka) • Refilled approximately 60% of the section where a large tenant at Kannai Tosei Building 98 II vacated as of the end of the period, and already concluded lease contracts for approximately 51 tsubos out of the remaining approximately 175 tsubos of area • Although the occupancy rate for offices and retail facilities decreased slightly, such 97 decrease was covered by the increase for residential properties which remain relatively stable 96 ◼ Factors of Change in Occupancy Rate ⚫ While full occupancy was achieved for two buildings through the 95 acquisition of buildings that are fully occupied as well as occupancy April October April October April October by new tenants, the occupancy rate declined as the refilling of the 2018 2018 2019 2019 2020 2020 entire section vacated by large tenants at Kannai Tosei Building
Load more

Recommended publications
  • 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
    [Show full text]
  • IR Presentation
    For the Fiscal Period Ended October 31, 2019 (10th Fiscal Period) IR Presentation Securities Code: 3451 Contents 3 Overview of Financial Results 23 In and After the 11th Fiscal Period ⚫ Overview of the 10th Fiscal Period ⚫ Earnings Forecast for the 11th and 12th Fiscal Periods ⚫ Cash Distribution per Unit ⚫ Theme of Activities and Measures In and After the 11th Fiscal Period 6 Operating Results ⚫ Increase in Cash Distribution ⚫ Occupancy Rate ⚫ ESG ― Environment ⚫ Rent Status ― New Contracts and Cancellations ⚫ ESG ― Social ⚫ Rent Status ― Rent Revision ⚫ ESG ― Governance ⚫ Leasing Status 30 Appendix ⚫ Initiatives for Maintaining and Enhancing Asset Value ⚫ Appraisal Value at End of 10th Fiscal Period ⚫ Unitholder Composition (at End of 10th Fiscal Period) ⚫ Status of Unrealized Gains (at End of 10th Fiscal Period) ⚫ IR Activities ⚫ Balance Sheet 14 5th Public Offering ⚫ Statement of Income ⚫ Summary of 5th Public Offering ⚫ Portfolio List (49 properties) ⚫ Overview of Acquired Properties ⚫ Distribution of Tenants ⚫ Case Example of Newly Acquired Properties (at End of 10th Fiscal Period/After Public Offering) ⚫ Changes in Portfolio ⚫ Earnings Performance of Properties (1) ― (5) (at End of 10th Fiscal Period) ⚫ Main Portfolio Indicators ⚫ List of Properties (1 ) ― ( 5) 20 Financial Status ⚫ Profile of Tosei Reit ⚫ New Borrowings and Refinancing ⚫ Profile of Tosei Asset Advisors, Inc. ⚫ Financial Management ⚫ Disclaimer Earnings Announcement for 10th Fiscal Period 2 Overview of Financial Results Overview of the 10th Fiscal Period Results
    [Show full text]
  • 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]
  • H.I.S. Hotel Holdings Hotel Lineup
    H.I.S. Hotel Holdings Hotel Lineup 20200622 H.I.S. Hotel Group Map Henn na Hotel Kanazawa Korinbo Henn na Hotel Komatsu Eki-mae Commitments Henn na Hotel Kyoto, Hachijoguchi Eki-mae Henn na Hotel Sendai Kokubuncho Scheduled to open in 2021 H.I.S. Hotel Holdings Co. Ltd. is a company that provides pleasure in Henn na Hotel Maihama Tokyo Bay Watermark Hotel Kyoto Henn na Hotel Tokyo Nishikasai traveling based on its hotel and convenience in business scenes. Henn na Hotel Tokyo Ginza Henn na Hotel Tokyo Akasaka In order to achieve it, we pursue connection, comfort, advancement, playfulness, and productivity, Henn na Hotel Tokyo Asakusabashi placing them as our five core values. Henn na Hotel Tokyo Asakusa Tawaramachi Henn na Hotel Tokyo Hamamatsucho Henn na Hotel Tokyo Haneda Combining our world’s best productivity and efficiency, Henn na Hotel Fukuoka Hakata we would like to offer pleasant experiences that add spice to your life at more reasonable prices. Henn na Hotel Laguna Ten Bosch Nagoya Scheduled to open in 2022 H.I.S. Hotel Group VISON (Taki-cho, Mie) Scheduled to open in summer 2021 Henn na Hotel Huis Ten Bosch Henn na Hotel Nara Henn na Hotel Watermark Hotel Henn na Hotel Osaka Shinsaibashi Henn na Hotel Osaka Namba (former Osaka Nishi-shinsaibashi) Miyakojima Watermark Hotel Nagasaki Huis Ten Bosch Henn na Hotel Kansai Airport Scheduled to open in 2022 Scheduled to open in 2022 Hotel making a commitment to continue changing Kagoshima Implementing advanced technologies and The Watermark Hotel has been loved by technology robots, the robot-served hotel people in the world as a world-class hotel 変なホテル provides not only a comfortable stay but also since 1996, when the business first started in excitement and fun.
    [Show full text]
  • Tokyo Great Garden Spring Campaign
    Enlightenment with Asakura style philosophy 7RN\R Former AsakuraAsakura Fumio Garden (Asakura Museum of Sculpture, Taito) 7-18-10 Yanaka, Taito-ku 103-3821-4549 *UHDW National - designated Place of Scenic Beauty "Former Asakura Fumio Garden" Asakura Sculpture Museum is the building that was a studio and residence of Fumio Asakura (1883 ～1964) a leading sculptor of modern Japan. Asakura designed and supervised the building which was completed in 1935. Asakura died in 1964, but the building was opened to the public as a Asakura Sculpture Museum since 1967 by the family of the deceased (transferred to Taito-ku in 1986), in 2001 the building is registered in the tangible cultural heritage of the country. In 2008 the integration of architecture and gardens were admitted for their value and artistic appreciation and *DUGHQ the entire site has been designated as a national scenic spot as "The former gardens of Fumio Asakura". Since 2009 to 2013 was carried out conservation and restoration works on a large scale and appearance could be restored even when Asakura was alive. Admission General 500 yen (300 yen). Elementary, middle and high school students 250 yen (150 yen) *( ) inside is a group rate of more than 20 people *Persons holding the Handicapped person's passbook or a Certificate Issued for Specific Disease Treatment and their caregivers is free Yearly Passport: 1,000 yen (same price for all visitors) 6SULQJ Open 9:30 - 16:30 (Admission until 16:00) Closed Mondays and Thursdays Open on holidays and Closed on the day following a holidays Year-end and New Year holidays *During changing exhibitions, etc.
    [Show full text]
  • Haneda Airport Route（*PDF File）
    1 of 3 Bus stop valid for Limousine & Subway pass（Haneda Airport route） Area Bus Stop Useable Area Bus Stop Useable Century Southern Tower ○ The Capitol Hotel Tokyu ○ Hotel Sunroute Plaza Shinjuku ○ Grand Hyatt Tokyo ○ Hilton Tokyo ○ ANA InterContinental Tokyo ○ Shinjuku Washington Hotel The Okura Tokyo ○ Akasaka Roppongi, ○ Park Hyatt Tokyo ○ Toranomon Hills ○ Hyatt Regency Tokyo Andaz Tokyo ○ Toranomon ○ Shinjuku Keio Plaza Hotel ○ HOTEL THE CELESTINE TOKYO SHIBA ○ Shinjuku Station/West ○ Shiba Park Hotel ○ Shinjuku Expressway Bus Terminal ○ Tokyo Prince Hotel ○ 【Early Morning Service】Shinjuku Expressway Bus Terminal × The Prince Park Tower Tokyo ○ 【Early Morning Service】Higashi Shinjuku Station × The Westin Tokyo ○ T-CAT Tokyo City Air Terminal ○ Sheraton Miyako Hotel Tokyo ○ Ikebukuro Sunshine Bus Terminal ○ Tokyo Marriott Hotel ○ Sunshine City Prince Hotel Shinagawa Prince Hotel ○ Shinagawa Ebisu, Shiba, ○ Hotel Metropolitan ○ The Prince Sakura Tower Tokyo ○ Ikebukuro Ikebukuro Station/West ○ Grand Prince Hotel Takanawa ○ 【Early Morning Service】Ikebukuro Station/East × Grand Prince Hotel New Takanawa ○ Hotel Chinzanso Tokyo ○ Shibuya Excel Hotel Tokyu × Tokyo Dome Hotel ○ Shibuya Station/West × Akihabara Station Shibuya Station（SHIBUYA FUKURAS） ○ Shibuya × Akihabara 【Early Morning Service】Akihabara Station Cerulean Tower Tokyu Hotel Mejiro, Mejiro, Kourakuen, × × HOSHINOYA Tokyo/Otemachi Financial City Grand Cube ○ ARIAKE GARDEN × Marunouchi Tokyo Station/Marunouchi North SOTETSU GRAND FRESA TOKYO-BAY ARIAKE , ○ × Otemachi Tokyo
    [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]
  • Haneda Airport Route（*PDF File）
    1 of 3 Bus stop valid for Airport Limousine Bus Premium Coupon（Haneda Airport route） required required Area Bus Stop Useable Area Bus Stop Useable number number Century Southern Tower ○ 1 coupon The Capitol Hotel Tokyu ○ 1 coupon Hotel Sunroute Plaza Shinjuku ○ 1 coupon Grand Hyatt Tokyo ○ 1 coupon Hilton Tokyo ○ 1 coupon ANA InterContinental Tokyo ○ 1 coupon Shinjuku Washington Hotel 1 coupon The Okura Tokyo 1 coupon ○ Akasaka Roppongi, ○ Park Hyatt Tokyo ○ 1 coupon Toranomon Hills × × Hyatt Regency Tokyo 1 coupon Andaz Tokyo 1 coupon ○ Toranomon ○ Shinjuku Keio Plaza Hotel ○ 1 coupon HOTEL THE CELESTINE TOKYO SHIBA ○ 1 coupon Shinjuku Station/West ○ 1 coupon Shiba Park Hotel ○ 1 coupon Shinjuku Expressway Bus Terminal ○ 1 coupon Tokyo Prince Hotel ○ 1 coupon 【Early Morning Service】Shinjuku Expressway Bus Terminal ○ 2 coupons The Prince Park Tower Tokyo ○ 1 coupon 【Early Morning Service】Higashi Shinjuku Station ○ 2 coupons The Westin Tokyo ○ 1 coupon T-CAT Tokyo City Air Terminal ○ 1 coupon Sheraton Miyako Hotel Tokyo ○ 1 coupon Ikebukuro Sunshine Bus Terminal ○ 1 coupon Tokyo Marriott Hotel ○ 1 coupon Sunshine City Prince Hotel 1 coupon Shinagawa Prince Hotel 1 coupon ○ Shinagawa Ebisu, Shiba, ○ Hotel Metropolitan ○ 1 coupon The Prince Sakura Tower Tokyo ○ 1 coupon Ikebukuro Ikebukuro Station/West ○ 1 coupon Grand Prince Hotel Takanawa ○ 1 coupon 【Early Morning Service】Ikebukuro Station/East ○ 2 coupons Grand Prince Hotel New Takanawa ○ 1 coupon Hotel Chinzanso Tokyo ○ 1 coupon Shibuya Excel Hotel Tokyu × × Tokyo Dome Hotel ○ 1 coupon
    [Show full text]
  • 100%トーキョー』 上演：2013年11月29日～12月1日 会場：東京芸術劇場 プレイハウス
    フェスティバル/トーキョー13 『100%トーキョー』 上演：2013年11月29日～12月1日 会場：東京芸術劇場 プレイハウス Festival/Tokyo 2013 “100% Tokyo” November 29th to December 1st, 2013 Tokyo Metropolitan Theatre, Playhouse 親愛なる東京へ Dear Tokyo, この演劇プロジェクト（?）は統計学的な表象と演劇的な表現のコントラスト This theater project (?) plays with the contrast of statistic representation で遊ぶという試みです。こういった公演は典型的な世論調査同様の制限が and theatrical representation. Performances like this happen within the same limitations like representative public surveys do – they are only based 伴います――というのは、基本的に参加に同意してくださる人々の回答を土 on the answers of people who generally agree to participate. Our team 台にするものだからです。我々のチームはこの町の多様性を反映させるべく、 has undertaken great efforts to provide you with a diversity of participants 多様な方々に参加していただくよう、多大な努力を重ねてきました。従って演 that reflects your diversity. That also meant to avoid or even refuse theater 劇を熱烈に愛している演劇人の参加はご遠慮いただくこともありました。だ enthusiasts. からこそ、あなた方都民を代表している100名の「大使」たちの勇気と寛大さ This is why we especially thank the 100 “ambassadors” of your に感謝したいと思います。彼らの生活そのものが、この公演のためのリハー population for their courage and openness. They have rehearsed for this サルだったのです。ただ自分の経験を重ねるだけで、自分たちの「台詞」を覚 evening by just living their lives. They learned their “lines” by making their えてきました。こういった公演には稽古はありません――ですが、参加者全員 own experiences. A performance like this has not been rehearsed - but just organized so that everyone knows the rules and mechanisms of its various が様々な「ゲーム」のルールや仕組みを知るための構成はあります。舞台に上 “games”. Every evening they decide once again which line they say tonight. がるたびに、そのつど彼らは自分が言う台詞を決めていきます。上演台本はむ The script for this evening is rather a protocol and has been developed in しろ「実施要綱（プロトコル）」であり、参加者とともに作られたものです。こ collaboration with its participants. And it keeps developing throughout the れも公演を重ねていく毎に発展していきます。与えられた選択肢に同意する series of performances. Every evening its 100 protagonists decide afresh か否か、どのグループを選ぶか、100名の主役が舞台上で決めていくのです。 regarding each statement if they will join those who agree or those who disagree.
    [Show full text]
  • Demonstration Testing and Evaluation of a Train Running Under Its Own Power Using a Stationary Energy Storage System
    678 Hitachi Review Vol. 63 (2014), No. 10 Featured Articles Demonstration Testing and Evaluation of a Train Running Under its Own Power Using a Stationary Energy Storage System Akihiro Maoka OVERVIEW: Hitachi has supplied SESSs using lithium-ion batteries to seven Hiroshi Ikarashi sites (as of June 2014) since the first system was delivered in 2007. While Fumiyoshi Kurino this system is intended to save energy by utilizing the regenerative power produced by rolling stock, there has also been growing demand in recent years for a way of providing emergency power. That is, enabling a train that has been stranded between stations by a major power outage or other incident to propel itself to the nearest station to allow the passengers to exit safely. To satisfy this requirement, Hitachi has run trials in collaboration with Tokyo Metro Co., Ltd. to demonstrate the ability of a train to propel itself using only this system. INTRODUCTION belonging to Tokyo Metro Co., Ltd. and succeeded in powering a train using only lithium (Li) batteries. ENERGY-saving systems that return the power The following section describes the SESS and the generated by regenerative brake systems on rolling results of this operational testing. stock to the feeder line so that it can be used by other trains have been widely adopted by railway SESS companies for new rolling stock. When no other trains are available to use regenerative power, however, the Since regenerative braking on rolling stock produces excess power causes the line voltage to rise, giving rise a comparatively sharp rise in power output when to a situation called “regeneration cancelled.” Wayside the brake is engaged, this characteristic needs to be equipment can be installed to prevent this, such as a taken into account if the SESS is to utilize the power regenerative inverter or a resistive load that can absorb produced.
    [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]
  • JR East Group CSR Report 2017
    Special Topic 1 Pursuing Extreme Safety Levels KIWAMERU Excel Progress of Automatic Platform Door Implementation As a measure to prevent passengers coming into contact with trains on station platforms or falling off the platform edge onto the railway tracks, JR East began introducing automatic platform doors and dot-braille blocks that indicate which direction is away from the edge of the platform on the Yamanote Line and other lines. We are continuing to move forward with the installation of automatic platform doors at various stations in order to further improve platform safety. ◎Overview of Automatic Platform Door Implementation Plan Nishi-Kawaguchi Kami-Nakazato e began introducing automatic platform Minami-Urawa Higashi-Jujo Nishi-Nippori Kita-Urawa Kawaguchi doors at all stations on the Yamanote Line Shintoshin Akabane Saitama W Warabi Tabata Urawa Omiya in 2010. Excluding those stations where upgrades Yono are scheduled, installation has been completed at Oji 24 of 30 stations, including New Shinagawa Station Nippori (provisional name). Installation will be done at Keihin-Tohoku Line Komagome Sugamo Uguisudani Shimbashi, Hamamatsucho, and New Shinagawa Ikebukuro Otsuka Ueno Station (provisional name) FY2020 and at Tokyo Mejiro New Shinagawa Station Station by Q1 of FY2021. Doors will be introduced at Takadanobaba Okachimachi Shinjuku and Shibuya Station in FY2022 or later. Shin-Okubo (provisional name) Yamanote Line Akihabara We have also decided to proceed with the Shinjuku Yoyogi Kanda introduction of automatic platform doors at a total Gotanda Harajuku Tokyo* Osaki of 37 stations on the Keihin-Tohoku Line and Negishi Shibuya Yurakucho Line between Omiya and Sakuragicho. By the end of Ebisu Negishi Line Meguro Shimbashi FY2020, the work will be complete at 26 stations, Hamamatsucho Tamachi while implementation at Tokyo Station will take place Sakuragicho Yokohama Kanagawa Higashi- Shin-Koyasu Tsurumi Kawasaki Kamata Omori Oimachi Shinagawa by Q1 of FY2021.
    [Show full text]