Acquisition of trust beneficiary interests in Akasaka Intercity AIR (JPY 5,545 million) and Aqua Town Nayabashi (JPY 6,000 million), and planned transfer of BIZCORE Akasaka Mitsuke (JPY 6,450 million). Contract signing scheduled for 2026-02-20.<\/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":"8987","jir_company_name":"Japan Excellent Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/8987-20260220-03.pdf","jir_short_summary":"Acquisition of trust beneficiary interests in Akasaka Intercity AIR (JPY 5,545 million) and Aqua Town Nayabashi (JPY 6,000 million), and planned transfer of BIZCORE Akasaka Mitsuke (JPY 6,450 million). Contract signing scheduled for 2026-02-20.","jir_summary":"### Transaction Overview\nJapan Excellent Investment Corporation plans to additionally acquire an interest in Akasaka Intercity AIR for JPY 5,545 million on 2026-03-19 and acquire the trust beneficiary interest of Aqua Town Nayabashi for JPY 6,000 million on 2026-02-27. Meanwhile, the trust beneficiary interest of BIZCORE Akasaka Mitsuke is scheduled to be transferred for JPY 6,450 million on 2026-07-03. The acquisition funds will be financed through borrowings and internal funds, with the settlement conducted in a lump sum.\n\n### Reasons for Transaction and Asset Details\nAkasaka Intercity AIR is a large-scale building with strong competitiveness, expected to generate increased rental income, and the replacement with BIZCORE Akasaka Mitsuke aims to enhance portfolio growth potential. Aqua Town Nayabashi, located in central Nagoya, is a mixed-use facility comprising offices, retail spaces, and parking lots, intended to enrich the portfolio. Both properties excel in environmental considerations and seismic performance, with appraised values of JPY 5,940 million and JPY 6,200 million respectively. The planned transfer of BIZCORE Akasaka Mitsuke anticipates a gain, with a transfer price of JPY 6,450 million against a book value of JPY 6,065 million.\n\n### Future Outlook\nProspects for the fiscal periods ending June and December 2026 are guided to reference the financial summary for the fiscal period ending December 2025. This asset replacement aims to strengthen portfolio competitiveness and improve profitability.","jir_financial_highlights":"Estimated Acquisition Price of Akasaka Intercity AIR: JPY 5,545 million (Unknown)\nEstimated Acquisition Price of Aqua Town Nayabashi: JPY 6,000 million (Unknown)\nEstimated Transfer Price of BIZCORE Akasaka Mitsuke: JPY 6,450 million (Unknown)\nBook Value of BIZCORE Akasaka Mitsuke: JPY 6,065 million (Unknown)\nDifference Between Estimated Transfer Price and Book Value: JPY 384 million (Unknown)","jir_category":"","jir_hashtags":"#JapanExcellentInvestmentCorporation, #BusinessUpdate, #RealEstateInvestmentTrust","jir_key_figures":"Estimated Acquisition Price of Akasaka Intercity AIR: JPY 5,545 million\nEstimated Acquisition Price of Aqua Town Nayabashi: JPY 6,000 million\nEstimated Transfer Price of BIZCORE Akasaka Mitsuke: JPY 6,450 million\nDifference Between Estimated Transfer Price and Book Value: JPY 384 million\nScheduled Transfer Date: 2026-07-03","jir_meta_title":"Japan Excellent Investment Corporation Acquires Akasaka Intercity AIR and Aqua Town Nayabashi, Transfers BIZCORE Akasaka Mitsuke (Approximately JPY 6,000 Million Scale)","jir_meta_description":"Japan Excellent Investment Corporation plans to acquire Akasaka Intercity AIR (JPY 5,545 million) and Aqua Town Nayabashi (JPY 6,000 million), and transfer BIZCORE Akasaka Mitsuke (JPY 6,450 million), aiming to enhance portfolio growth potential.","jir_og_title":"Japan Excellent Investment Corporation Announces Acquisition and Transfer of Key Real Estate Assets","jir_og_description":"Acquisition of Akasaka Intercity AIR and Aqua Town Nayabashi and transfer of BIZCORE Akasaka Mitsuke to strengthen portfolio competitiveness.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8988,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-30526","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n