Total Capital and Major Investors
Total Capital
The following is the Investment Corporation total capital, the total number of investment units authorized, and the total number of investment units issued and outstanding as of Nov. 30, 2023:
- Unitholders' capital
- 102,992.6 million yen
- Total investment units authorized
- 8,000,000 units
- Total investment units issued and outstanding
- 1,149,933 units
Changes in unitholders’ capital and the total number of investment units issued and outstanding since the incorporation of HEIWA REAL ESTATE REIT, Inc. are as follows:
| Date | Notes | Total investment units issued and outstanding（units） |
Unitholders' capital （million yen） |
||
|---|---|---|---|---|---|
| Changes | Outstanding | Changes | Outstanding | ||
| Jan. 31, 2002 | Incorporation through private placement |
1,000 | 1,000 | 100.0 | 100.0 |
| Oct. 19, 2004 | Reverse split of investment units |
-800 | 200 | － | 100.0 |
| Nov. 11, 2004 | Private offering | 15,392 | 15,592 | 6,772.5 | 6,872.5 |
| Mar. 7, 2005 | Public offering | 30,000 | 45,592 | 14,325.0 | 21,197.5 |
| Apr. 5, 2005 | Capital increase through third-party allocation |
1,200 | 46,792 | 573.0 | 21,770.5 |
| Dec. 15, 2005 | Public offering | 13,700 | 60,492 | 6,641.0 | 28,411.5 |
| May 29, 2007 | Capital increase through third-party allocation |
48,161 | 108,653 | 28,000.8 | 56,412.3 |
| Oct. 19, 2009 | Capital increase through third-party allocation |
23,238 | 131,891 | 3,000.0 | 59,412.3 |
| Oct. 1, 2010 | Sprit of units | 395,673 | 527,564 | － | 59,412.3 |
| Oct. 1, 2010 | merger | 168,333 | 695,897 | － | 59,412.3 |
| Dec. 11, 2012 | Public offering | 90,500 | 786,397 | 4,763.9 | 64,176.3 |
| Jan. 9, 2013 | Capital increase through third-party allocation |
9,050 | 795,447 | 476.4 | 64,652.6 |
| Dec. 16, 2013 | Public offering | 81,900 | 877,347 | 5,595.1 | 70,247.7 |
| Jan. 15, 2014 | Capital increase through third-party allocation |
4,100 | 881,447 | 280.1 | 70,527.8 |
| Dec. 1, 2014 | Public offering | 66,400 | 947,847 | 5,567.8 | 76,095.6 |
| Dec. 24, 2014 | Capital increase through third-party allocation |
3,300 | 951,147 | 276.7 | 76,372.3 |
| Dec. 15, 2015 | Public offering | 58,000 | 1,009,147 | 4,551.1 | 80,923.4 |
| Dec. 28, 2015 | Capital increase through third-party allocation |
5,700 | 1,014,847 | 447.3 | 81,370.7 |
| Sep. 29, 2020 | Cancellation of own investment units | (14,914) | 999,933 | － | 81,370.7 |
| Jun. 1, 2021 | Public offering | 53,100 | 1,053,033 | 8,272.1 | 89,642.8 |
| Jun. 29, 2021 | Capital increase through third-party allocation |
2,700 | 1,055,733 | 420.6 | 90,063.4 |
| Jun. 1, 2022 | Public offering | 55,200 | 1,110,933 | 7,362.9 | 97,426.3 |
| Jun. 28, 2022 | Capital increase through third-party allocation |
2,800 | 1,113,733 | 373.4 | 97,799.7 |
| Jun. 1, 2023 | Public offering | 34,500 | 1,148,233 | 4,948.9 | 102,748.6 |
| Jun. 27, 2023 | Capital increase through third-party allocation |
1,700 | 1,149,933 | 243.8 | 102,992.6 |
Major Investors
The following represents major unitholders as of November 30, 2023:
| Name | Units Owned (units) |
Ownership Ratio (%) (Note) |
|---|---|---|
| Custody Bank of Japan, Ltd. (trust account) | 340,906 | 29.64 |
| The Master Trust Bank of Japan ,Ltd. (trust account) | 199,318 | 17.33 |
| Heiwa Real Estate Co., Ltd. | 148,645 | 12.92 |
| The Nomura Trust and Banking Co., Ltd. (trust account) | 40,398 | 3.51 |
| STATE STREET BANK WEST CLIENT -TREATY 505234 | 16,990 | 1.47 |
| JP MORGAN CHASE BANK 385771 | 14,649 | 1.27 |
| SMBC Nikko Securities Inc. | 12,576 | 1.09 |
| JP MORGAN CHASE BANK 385781 | 11,761 | 1.02 |
| Shikoku Railway Company | 10,249 | 0.89 |
| SSBTC CLIENT OMNIBUS ACCOUNT | 9,573 | 0.83 |
| Total | 805,065 | 70.00 |
- Ownership ratio is rounded to the nearest hundredth.