[Mirai Investment Corporation] Domestic Real Estate Acquisition Decision | June 2026

Performance Overview

Mirai Investment Corporation plans to acquire Smile Hotel Kumagaya in Kumagaya City for 1,198 million yen in June 2026. The property is located within a 7-minute walk from Kumagaya Station on the JR Takasaki Line, Joetsu Shinkansen, and Chichibu Railway, offering excellent transportation access. The appraisal value is 1,440 million yen, and the appraisal NOI yield is 5.4%, indicating a high level of profitability that is expected to contribute to the enhancement of the portfolio’s earnings. The acquisition will be financed through a combination of borrowings and equity, with full settlement scheduled.

Future Outlook

This acquisition is part of the asset replacement strategy within the portfolio. Based on market conditions and the property's advantageous location, the selection aims to secure stable income and expand unrealized gains. After settlement in June 2026, although rent is fixed, future income reviews are possible through rent negotiations every five years. In line with the medium-term management plan, efforts will be made to improve earnings capacity and strengthen financial health.