SOSiLA Logistics REIT, Inc.
Notice Regarding Submission of Business Improvement Report by Asset Management Company
Sumisho Realty Management Co., Ltd. announced that it submitted a business improvement report dated January 16, 2026, based on an administrative business improvement order from the Financial Services Agency, and will proceed with strengthening compliance and reviewing its internal control system.
Key Figures
- Business Improvement Report Submission Date: 2026-01-16
- Changes in Board Composition: Sponsor seconded directors 5 → 2, Proprietary directors 0 → 2
- Frequency of Compliance Training: Scheduled about twice a year
AI要約
Overview of the Business Improvement Report
Sumisho Realty Management Co., Ltd. received a business improvement order from the Financial Services Agency regarding inappropriate real estate appraisal requests at the time of property acquisitions by an unlisted real estate investment corporation. On January 16, 2026, it submitted a business improvement report summarizing the response status and recurrence prevention measures. The report details the fulfillment of accountability to investors, strengthening of compliance systems, review of internal controls, and clarification of management responsibilities.
Recurrence Prevention Measures and Review of Management Structure
As recurrence prevention measures, a rotation system will be introduced for selecting real estate appraisal firms, along with stricter hearing rules and enhanced monitoring of business processes. The board composition will be changed, increasing proprietary directors, and establishing Chief Risk Officer (CRO) and Chief Compliance Officer (CCO) positions to strengthen risk management and compliance frameworks. A review of the management structure is planned effective February 1, 2026, clarifying responsibility.
