At the ON Building owned by Mori Trust Sogo REIT, Inc., Kobe Steel, Ltd., the tenant, plans to terminate the building lease agreement as of March 31, 2027. The area to be terminated is 20,654.60 \u33a1, equivalent to 100.0% of the rentable area of the property.<\/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":"8961","jir_company_name":"Mori Trust Sogo REIT, Inc.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-31","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/8961-20260331-01.pdf","jir_short_summary":"At the ON Building owned by Mori Trust Sogo REIT, Inc., Kobe Steel, Ltd., the tenant, plans to terminate the building lease agreement as of March 31, 2027. The area to be terminated is 20,654.60 \u33a1, equivalent to 100.0% of the rentable area of the property.","jir_summary":"### Overview of Tenant Change\nMori Trust Sogo REIT, Inc. has received a notice of termination of the building lease agreement from Kobe Steel, Ltd., the sole tenant leasing the entire ON Building. The terminated area is 20,654.60 \u33a1, which corresponds to 100.0% of the total rentable area of the property and accounts for 4.1% of the REIT's total rentable area. The scheduled termination date is March 31, 2027. Monthly rent and security deposits are undisclosed.\n\n### Future Outlook\nSince the scheduled termination date is March 31, 2027, there will be no impact on the operational status for the fiscal periods ending February 2026 and August 2026. Regarding the management plans after the tenant vacates the property, multiple options such as property sale, tenant replacement, and leasing to successor tenants are being considered, and the REIT will provide timely updates should any reportable events arise.","jir_financial_highlights":"Terminated Area: 20,654.60 \u33a1 (Represents 100.0% of the property\u2019s total rentable area)\nProportion of Total Rentable Area of the REIT: 4.1% (Unknown)\nScheduled Termination Date: 2027-03-31 (Unknown)","jir_category":"","jir_hashtags":"#MoriTrustSogoREIT, #TenantChange, #JapanStocks","jir_key_figures":"Terminated Area: 20,654.60 \u33a1 (100.0% of the property\u2019s total rentable area)\nProportion of Total Rentable Area of the REIT: 4.1%\nScheduled Termination Date: 2027-03-31","jir_meta_title":"Mori Trust Sogo REIT Receives Termination Notice from Key Tenant at ON Building (End of March 2027)","jir_meta_description":"Mori Trust Sogo REIT has received a lease termination notice from Kobe Steel, Ltd., the sole tenant of the ON Building, effective March 31, 2027. The terminated area corresponds to 20,654.60 \u33a1, representing 100.0% of the property\u2019s rentable area.","jir_og_title":"Mori Trust Sogo REIT Announces Tenant Termination Notice for ON Building","jir_og_description":"Kobe Steel, Ltd., tenant of the ON Building, plans to terminate its lease agreement effective March 31, 2027. Future management plans are under consideration.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8740,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-38248","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n