Japan Excellent Company Description
Japan Excellent, Inc. (hereinafter, "JEI"), established on February 20, 2006 under the Law Concerning Investment Trusts and Investment Corporations of Japan (the "Investment Trust Law"), is a real estate investment corporation which primarily invests in office buildings.
JEI is externally managed by a licensed asset management company, Japan Excellent Asset Management ("JEAM").
JEAM was originally owned 45% by NIPPON STEEL KOWA REAL ESTATE CO., LTD., 20% by The Dai-ichi Life Insurance Company, Limited, 15% by Sekisui House, Co., LTD., and 20% by other corporations.
Due to the transfer of ownership by Sekisui House, Co., LTD., on May 12, 2014, ownership interests of 9% and 6% were each acquired by NIPPON STEEL KOWA REAL ESTATE CO., LTD., and The Dai-ichi Life Insurance Company, Limited, respectively.
JEI was listed on the Tokyo Stock Exchange on June 27, 2006. As of December 31, 2023, JEI held 35 properties with 314,924.82 square meters of total leasable space and had leases with 622 tenants excluding residential tenants.
Country | Japan |
Industry | REIT - Office |
Sector | Real Estate |
CEO | Shuichiro Kayama |
Contact Details
Address: 45th Kowa Building 3F Tokyo Japan | |
Phone | 81 3 5412 7911 |
Website | excellent-reit.co.jp |
Stock Details
Ticker Symbol | 8987 |
Exchange | Tokyo Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | JPY |
ISIN Number | JP3046420000 |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Shuichiro Kayama | Chief Executive Officer |
Kazue Horikawa | Head of Investor Relations |