Announcement that Chuden Real Estate Co., Ltd. no longer qualifies as a specified related corporation as of the fiscal year ending January 2026. Although transaction amounts exceeded the threshold for the past three years until the fiscal year ending July 2025, they fell below the threshold in the fiscal year ending January 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2971","jir_company_name":"Escon Japan REIT Investment Corporation","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-02-02","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/2971-20260202-01.pdf","jir_short_summary":"Announcement that Chuden Real Estate Co., Ltd. no longer qualifies as a specified related corporation as of the fiscal year ending January 2026. Although transaction amounts exceeded the threshold for the past three years until the fiscal year ending July 2025, they fell below the threshold in the fiscal year ending January 2026.","jir_summary":"### Regarding Changes in Specified Related Corporations\nIn Escon Japan REIT Investment Corporation\u2019s asset management entrusted to Escon Asset Management Co., Ltd., Chuden Real Estate Co., Ltd., which had been a specified related corporation, no longer meets the transaction amount criteria over the past three years as of the fiscal year ending January 2026, and thus ceases to be a specified related corporation. This was because the amount paid by the Investment Corporation to Chuden Real Estate for acquisition of real estate beneficial interest in trusts during the past three years through the fiscal year ending July 2025 exceeded 20% of total transactions in the same period, but from the fiscal year ending January 2026 onwards, the transaction amount fell below the threshold.\n\n### Future Outlook and Overview of the Related Company\nChuden Real Estate Co., Ltd. is a wholly owned subsidiary of Chubu Electric Power Co., Inc., which is the ultimate parent company of the asset management company. This change in the specified related corporation status does not affect the operational status outlook for the fiscal years ending January 2026 and July 2026, as announced in the earnings report dated September 12, 2025.","jir_financial_highlights":"Criteria for Specified Related Corporation Qualification: Transaction amount over the past three years is 20% or more (Qualified until the fiscal year ending July 2025, no longer qualified as of the fiscal year ending January 2026)","jir_category":"","jir_hashtags":"#EsconJapanREITInvestmentCorporation, #SpecifiedRelatedCorporationChange, #JapaneseStocks","jir_key_figures":"Criteria for Specified Related Corporation Qualification: Transaction amount over the past three years is 20% or more\nDate of Change: 2026-02-01\nChuden Real Estate Co., Ltd. Capital: 100 million yen (Fiscal year ending March 2025)","jir_meta_title":"Escon Japan REIT Investment Corporation Notice on Changes in Specified Related Corporations (February 2026)","jir_meta_description":"Escon Japan REIT Investment Corporation announces that Chuden Real Estate Co., Ltd. has been removed from specified related corporations due to not meeting the transaction amount criteria as of the fiscal year ending January 2026, with no impact on the operational status outlook.","jir_og_title":"Escon Japan REIT Investment Corporation Notice on Changes in Specified Related Corporations","jir_og_description":"Announcement that Chuden Real Estate Co., Ltd. no longer qualifies as a specified related corporation. There is no impact on the operational status outlook.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17480,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-22701","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n