Kenji Takasaka, Director of Mitsui Fudosan Logistics Three Management Co., Ltd., will resign effective March 31, 2026.
Borrowed 2,000 million yen from The Fukuoka Bank, Ltd., and repaid the same amount. Total borrowings remain unchanged at 216,250 million yen. Borrowing date is April 2, 2026.
Mitsui Fudosan Logistics Park Inc. will borrow 1,000 million yen from MUFG Bank on March 31, 2026, and repay 500 million yen of borrowings on the same date.
For the January 2026 period, operating revenue was JPY 19,737 million, operating income JPY 9,731 million, and net income JPY 8,993 million. Dividend was JPY 3,275 per unit, with a total dividend amount of JPY 10,544 million. The occupancy rate at period-end was 96.4%, interest-bearing debt stood at JPY 210,250 million, and LTV was 38.1%.
Mitsui Fudosan Logistics Park Inc. submitted a registration statement for the issuance of investment corporation bonds worth 100,000 million yen on March 17, 2026, with an issuance period scheduled from March 25, 2026, for two years.
Mr. Hideyuki Hagiwara is scheduled to be appointed as an Audit & Supervisory Board Member (part-time) effective April 1, 2026, and Mr. Hiroshi Yamanaka is scheduled to resign from the position of Audit & Supervisory Board Member (part-time) effective March 31, 2026.
On March 2, 2026, the company borrowed JPY 2,000 million from Fukuoka Bank at the base interest rate + 0.05% and repaid the same amount of borrowings on the same day.
Mitsui Fudosan Logistics Park Inc. has set the fixed interest rates for Green Loan borrowings of 1.8 billion yen at 2.3203% per annum and 600 million yen at 2.4375% per annum, with the applicable periods from February 4, 2026, to 2035 and 2036 respectively.
In February 2026, a total borrowing of 17.9 billion yen was executed and allocated to repay existing borrowings. Long-term borrowings include green loans promoting ESG-conscious financing.
Mitsui Fudosan Logistics Park Inc. has extended the expiration of its commitment line agreement up to February 28, 2029, maintaining an unsecured and unguaranteed borrowing limit of 13 billion yen.