Notice of Revision of Asset Management Guidelines | June 2026

Details of the Revised Asset Management Guidelines

Japan Excellent Investment Corporation has partially revised its asset management company's asset management guidelines, expanding the scope of capital expenditures. This allows repairs and capital expenditures to be performed within or exceeding the depreciation expenses of the entire portfolio, as long as it does not impede financial policy. The revision was implemented on June 25, 2026, and is not expected to impact performance.

Future Outlook and Impact

The revision of the guidelines increases flexibility in capital expenditures necessary for asset maintenance and improvement, enabling the preservation and enhancement of asset value. However, there is no direct impact on performance, and the management policy to maximize investor value remains unchanged. Going forward, we will continue to aim for stable operations and asset value improvement through appropriate asset management.