ESCON JAPAN REIT Investment Corporation

2026/08/21 Updated
Market Cap: $252.0M (¥40.1B)
Stock Price: $698.82 (¥111,100)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Appointment of Directors and Change of Representative Director at Asset Management Company

Mr. Kenichi Tanaka will assume the position of Representative Director of Escon Asset Management Co., Ltd. effective May 1, 2026, with Mr. Wataru Orii scheduled to resign.

Importance:
Page Updated: April 24, 2026
IR Disclosure Date: April 24, 2026

Key Figures

  • New Director: Kenichi Tanaka (Scheduled to be appointed Representative Director)
  • New Director: Hisashi Tetsuya (Scheduled to be appointed Full-time Director)
  • Resigning Director: Wataru Orii (Scheduled to resign as Representative Director; to assume Executive Managing Officer at Escon Co., Ltd. on the same date)

AI要約

Regarding Appointment of Directors and Change of Representative Director

Escon Japan REIT Investment Corporation’s entrusted asset management company, Escon Asset Management Co., Ltd., will implement appointments of directors and changes of representative director effective May 1, 2026. Mr. Kenichi Tanaka and Mr. Hisashi Tetsuya will newly assume office as full-time directors, and Mr. Wataru Orii will resign. The representative director will be replaced from Mr. Wataru Orii to Mr. Kenichi Tanaka. Mr. Orii is scheduled to assume the position of Executive Managing Officer at Escon Co., Ltd. on the same date.

Future Actions and Impact

This executive personnel change will be processed in accordance with the Companies Act and related laws and regulations. The new management team will refresh the management structure of the asset management company and is expected to strengthen the asset management system. While the direct impact on the investment corporation’s management is unclear, this is considered aimed at stabilizing management and improving management efficiency.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Escon Japan REIT Investment Corporation

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