Advance Residence Investment Corporation
Notice Regarding Change of Major Shareholder in Asset Management Company
Itochu Urban Development Corporation will transfer 1,200 shares (20.00%) of Itochu REIT Management Corporation it holds to Itochu Corporation as of April 1, 2026, resulting in a change in the major shareholder.
Key Figures
- Number of shares transferred: 1,200 shares (20.00% of 6,000 shares issued)
- Scheduled transfer date: 2026-04-01
- Major shareholders before and after transfer: Itochu Urban Development Corporation 20.00% → 0%, Itochu Corporation 80.00% → 100.00%
AI要約
Overview of Major Shareholder Change
Itochu Urban Development Corporation, which was a major shareholder of Itochu REIT Management Corporation—the asset management company of Advance Residence Investment Corporation—has resolved to transfer 1,200 shares (20.00% of the issued shares) to the main sponsor, Itochu Corporation, effective April 1, 2026. As a result, Itochu Urban Development Corporation will no longer be a major shareholder, and Itochu Corporation will hold all shares.
Outlook and Impact
There will be no impact on Advance Residence Investment Corporation’s performance due to this share transfer, and there will be no changes to the asset management company's operational structure or investment and management policies. Appropriate disclosures will continue to be made as necessary, and procedures based on the Financial Instruments and Exchange Act and related laws will be implemented.
Advance Residence Investment Corporation
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