Japan Excellent, Inc.

Securities Code : TSE 8987

Overview

Corporate Profile

Name Japan Excellent, Inc.
Representative Masahiro Sato, Executive Director
Address 1-15-9 Minami Aoyama, Minato-ku, Tokyo, Japan map
Registration Number No. 52, Director-general of the Kanto Local Finance Bureau
Listed June 27, 2006
Securities Code Real Estate Investment Trust Section of the Tokyo Stock Exchange
Securities Code: TSE 8987
Fiscal Periods Six months ending June 30 and December 31
    Inquiries Japan Excellent Asset Management Co., Ltd.
    https://www.excellent-reit.co.jp/en/inquiry/

    History of Japan Excellent, Inc.

    • February 20, 2006
      Establishment of Japan Excellent, Inc.
    • March 15, 2006
      Registration of incorporation, and foundation under Article 187 of the Act on Investment Trusts and Investment Corporations.
    • May 10, 2006
      Modified its Articles of Incorporation.
    • June 27, 2006
      Listed on the J-REIT section of the Tokyo Stock Exchange.
      Increased its capital through public offering.
    • July 21, 2006
      Increased its capital through third-party allotment.
    • July 11, 2007
      Increased its capital through public offering.
    • August 08, 2007
      Increased its capital through third-party allotment.
    • October 05, 2007
      Modified its Articles of Incorporation.
    • October 22, 2009
      Modified its Articles of Incorporation.
    • January 31, 2011
      Increased its capital through public offering.
    • February 28, 2011
      Increased its capital through third-party allotment.
    • October 20, 2011
      Modified its Articles of Incorporation.
    • January 30, 2013
      Increased its capital through public offering.
    • February 27, 2013
      Increased its capital through third-party allotment.
    • October 24, 2013
      Modified its Articles of Incorporation.
    • January 01, 2014
      Implemented a 5-for-1 split of its investment units.
    • January 01, 2014
      Modified its Articles of Incorporation.
    • January 27, 2014
      Increased its capital through public offering.
    • February 26, 2014
      Increased its capital through third-party allotment.
    • July 13, 2015
      Increased its capital through public offering.
    • August 12, 2015
      Increased its capital through third-party allotment.
    • September 29, 2015
      Modified its Articles of Incorporation.
    • July 11, 2016
      Increased its capital through public offering.
    • August 10, 2016
      Increased its capital through third-party allotment.
    • January 21, 2020
      Increased its capital through public offering.
    • February 13, 2020
      Increased its capital through third-party allotment.
    • September 30, 2021
      Modified its Articles of Incorporation.
    • September 29, 2023
      Modified its Articles of Incorporation.
    • September 29, 2025
      Modified its Articles of Incorporation.

    仕組み図

    • Asset management agreement
    • A. Pipeline support agreement with Nippon Steel Kowa Real Estate Co., Ltd.
      B. Pipeline support agreement with Mizuho Trust & Banking
    • Agreement for provision of market and other information
    • Agreement to entrust administrative duties and asset custody
    • Agreement to entrust administrative of unitholders' register

    As of November 1, 2025

    Title Name Main Biographical Data Number of
    Investment
    Units Held
    Executive Director Masahiro Sato Apr. 1989 Joined The Industrial Bank of Japan, Limited (current Mizuho Bank, Ltd.) 0
    Apr. 2002 Manager, Credit Department No.3 of Mizuho Corporate Bank, Ltd. (current Mizuho Bank, Ltd.)
    Jul. 2009 Deputy General Manager, Nihonbashi Corporate Banking Department of Mizuho Corporate Bank, Ltd. (current Mizuho Bank, Ltd.)
    Oct. 2011 Deputy General Manager, Corporate Research Department of Mizuho Bank, Ltd.
    Nov. 2015 Head of Due Diligence Department, Mizuho Securities Co., Ltd.
    Apr. 2020 General Manager of Finance Department, General Affairs Division, Nippon Steel Kowa Real Estate Co., Ltd.
    Apr. 2025 Joint General Manager, Planning & Management Division, Japan Excellent Asset Management Co., Ltd.
    Jun. 2025 Director & Chief Financial Officer, Japan Excellent Asset Management Co., Ltd. (current)
    Nov. 2025 Executive Director, Japan Excellent, Inc. (current)
    Supervisory Director Eiji Takagi Oct. 1999 Registered as Junior Certified Public Accountant 0
    Oct. 1999 Joined Ota-Showa Audit Corporation (current Ernst & Young ShinNihon LLC)
    Apr. 2003 Registered as Certified Public Accountant
    Jul. 2007 Joined K.K. Spearhead Advisors
    Aug. 2013 Opened Eiji Takagi Certified Public Accountant Office (current)
    Nov. 2013 Supervisory Director, Japan Excellent Inc. (current)
    Hiroaki Komatsu Apr. 1996 Joined Tokai Research & Consulting Inc. (current Mitsubishi UFJ Research and Consulting Co.,Ltd) 0
    Sep. 2001 Joined Japan Real Estate Institute
    Apr. 2002 Registered as Professional Engineer (Civil Engineering)
    Apr. 2005 Registered as Real Estate Appraiser
    Apr. 2014 Associate Professor, Faculty of Real Estate Sciences, Meikai University
    Nov. 2023 Supervisory Director, Japan Excellent Inc. (current)
    Apr. 2025 Professor, Faculty of Real Estate Sciences, Meikai University (current)
    Mika Narahashi Oct. 2000 Registered as lawyer 0
    Oct. 2000 Joined Law Firms Matsuo & Kosugi
    Jul. 2002 Joined Yanagida & Nomura (current Yanagida & Partners)
    Aug. 2003 Joined Anderson Mori & Tomotsune
    Jan. 2007 Vice President, Deutsche Securities Inc.
    Aug. 2009 Senior Manager, Legal Department of American Life Insurance Company (current MetLife Insurance K.K.)
    Jan. 2015 Head of Legal, American Home Assurance Co., Ltd.
    Apr. 2017 Partner Attorney, TH Law Office (current)
    Jun. 2025 Outside Director, Kandenko Co., Ltd. (current)
    Nov. 2025 Supervisory Director, Japan Excellent Inc. (current)