Japan Excellent, Inc.

Securities Code : TSE 8987

Portfolio List

Summary by Investment Area

As of January 22, 2024

Area Area Ⅰ Area Ⅱ Area Ⅲ Area Ⅳ
Total acquisition
price		 160.8 billion yen 24.5 billion yen 71.2 billion yen 24.5 billion yen
Number of
properties		 13 4 9 8

As of February 19, 2024

Number
 Type
 Name
 Location
 Leasable
Floor
Spaces
(㎡)(Note 1)		 Year
Built
(Note 2)		 Acquisition
Price
(millions of yen)
(Note 3)		 Investment
Ratio
(%)
(Note 4)		 PML
(Note 5)
       
I-1 Office Omori Bellport D Minami-Oi, Shinagawa-ku, Tokyo 25,828.29 1996 22,552 8.0 4.5
I-2 Office Shiba 2-Chome Building Shiba, Minato-ku, Tokyo 11,749.30 1994 9,450 3.4 5.8
I-3 Office JEI Hamamatsucho Building Hamamatsu-cho, Minato-ku, Tokyo 6,411.28 1991 8,350 3.0 7.9
I-8 Office AKASAKA INTERCITY Akasaka, Minato-ku, Tokyo 11,021.03 2005 28,146 10.0 1.8
I-10 Office Daiba Garden City Building Daiba, Minato-ku, Tokyo 12,122.85 2007 11,000 3.9 6.3
I-12 Office HAMARIKYU INTERCITY Kaigan, Minato-ku, Tokyo 19,718.11 2011 19,080 6.8 0.2
I-14 Office Kowa Nishi-Shimbashi Building Nishi-Shimbashi, Minato-ku, Tokyo 8,949.04 1996 11,431 4.1 4.7
I-15 Office Mansard Daikanyama Sarugaku-cho, Shibuya-ku, Tokyo 5,420.80 2009 11,420 4.1 5.3
I-16 Office AKASAKA INTERCITY　AIR Akasaka, Minato-ku, Tokyo 2,580.24 2017 6,590 2.3 1.9
I-17 Office Bizcore Akasaka-mitsuke Akasaka, Minato-ku, Tokyo 2,387.43 2019 6,200 2.2 5.7
I-18 Office Bizcore Jimbocho Kanda-ogawamachi, Chiyoda-ku, Tokyo 5,261.75 2017 10,200 3.6 7.0
I-19 Office Bizcore Shibuya Shibuya, Shibuya-ku, Tokyo 2,788.64 2020 6,640 2.4 5.4
I-20 Office Bizcore Tsukiji Tsukiji, Chuo-ku, Tokyo 4,829.68 2019 9,800 3.5 5.0
II-1 Office NHK Nagoya Housou-Center Building Higashi-ku, Nagoya-shi, Aichi 11,768.25 1991 5,610 2.0 4.0
II-3 Office Osaka Kogin Building (Land with Leasehold Interest) Chuo-ku, Osaka-shi, Osaka 3,158.45 - 1,770 0.6 -
II-4 Office GRAND FRONT OSAKA (Umekita Plaza・ South Building) Kita-ku, Osaka-shi, Osaka 5,084.45 2013 9,518 3.4 3.2
II-5 Office GRAND FRONT OSAKA (North Building) Kita-ku, Osaka-shi, Osaka 8,001.51 2013 7,632 2.7 3.2
III-1 Office Musashikosugi Tower Place Nakahara-ku, Kawasaki-shi, Kanagawa 24,928.37 1995 13,890 4.9 4.2
III-2 Office Kowa Kawasaki Higashiguchi Building Kawasaki-ku, Kawasaki-shi, Kanagawa 18,612.72 1988 10,976 3.9 4.0
III-3 Office JEI Hongo Building Hongo, Bunkyo-ku, Tokyo 4,078.37 1991 5,400 1.9 6.8
III-5 Office Kawasaki Nisshincho Building Kawasaki-ku, Kawasaki-shi, Kanagawa 10,516.72 1992 4,725 1.7 5.5
III-7 Office JEI Ryogoku Building Ryogoku, Sumida-ku, Tokyo 3,871.64 1996 2,550 0.9 6.8
III-11 Office Core City Tachikawa Akebono-cho, Tachikawa-shi, Tokyo 9,230.09 1994 6,500 2.3 2.6
III-12 Office Nisseki Yokohama Building Naka-ku, Yokohama-shi, Kanagawa 40,414.25 1997 24,500 8.7 1.4
III-13 Office Yokohama Bentendori Dai-ichi Seimei Building Naka-ku, Yokohama-shi, Kanagawa 2,119.49 1986 640 0.2 8.3
III-14 Office Shinyokohama Arena dori Building Kohoku-ku, Yokohama-shi, Kanagawa 1,978.19 2001 2,077 0.7 8.2
IV-3 Office JEI Hiroshima Hacchobori Building Naka-ku, Hiroshima-shi, Hiroshima 6,639.38 1999 2,760 1.0 0.8
IV-4 Office SE Sapporo Building Kita-ku, Sapporo-shi, Hokkaido 13,384.95 1989 5,500 2.0 0.2
IV-5 Office Aoba-dori Plaza Aoba-ku, Sendai-shi, Miyagi 6,265.22 1996 2,120 0.8 0.1
IV-6 Office Daiwa Minami-morimachi Building Kita-ku, Osaka-shi, Osaka 6,633.93 1990 4,410 1.6 3.2
IV-7 Office JEI Naha Building Kumoji, Naha-shi, Okinawa 3,220.59 1990 1,380 0.5 5.3
IV-8 Office Hiroshima Dai-ichi Seimei OS Building Minami-ku, Hiroshima-shi, Hiroshima 7,517.73 1989 2,780 1.0 0.9
IV-9 Office Senshin Building Aoba-ku, Sendai-shi, Miyagi 2,191.10 1984 1,580 0.6 1.7
IV-10 Office Sapporo Otemachi Building Chuo-ku, Sapporo-shi, Hokkaido 4,693.99 1984 4,069 1.4 1.9
Total 313,377.83 - 281,247 100.0 -
  • Total leasable floor space represents the portion acquired by JEI and available for lease. The figures are rounded to the second decimal place. For jointly owned properties, only the portion of leasable floor space owned by JEI is included in the data presented above. Figures for Osaka Kogin Building (land with leasehold interest) are site area.
  • “Year Built” is as of the time of initial construction described in the register.
  • Figures for "Acquisition Price" are sales prices recorded in sales agreements (excluding taxes). Amounts of less than one million yen are rounded down.
  • “Investment Ratio” shows a ratio of the acquisition price for each property to total acquisition price, and is rounded to the first decimal place.
  • Figures for "PML" are based on the PML description in the building examination report including the PML calculation report. The relevant description is no more than the opinion of the reporting party and Japan Excellent, Inc. does not guarantee the accuracy of the content.
    PML shows how much damage will be suffered by an earthquake that causes loss of 10% exceedance probability during the assumed planned use period (50 years = general building's useful life). It is indicated as a ratio (%) to the replacement cost of the probable loss equivalent.
    However, the probable loss is only for direct loss of buildings (structure, finishing, and building equipment) due to seismic motion, and damage caused by equipment, furniture, and fixtures, etc., loss due to water or fire after the earthquake, secondary damage such as compensation loss, operating loss due to business interruption is not included.
    As of October 1, 2021, the PML evaluation company has updated the seismic risk evaluation to incorporate the latest findings of earthquake research and accurately reflect the latest seismic risk level in Japan and the characteristics of the surface ground of the site.