{"id":41765,"date":"2026-04-22T16:33:33","date_gmt":"2026-04-22T07:33:33","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3234-20260422-01_wp_corporate_restructuring\/"},"modified":"2026-04-22T16:33:33","modified_gmt":"2026-04-22T07:33:33","slug":"3234-20260422-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3234\/ir\/3234-20260422-01_wp_corporate_restructuring\/","title":{"rendered":"Announcement Regarding the Conclusion of a Merger Agreement and Partial Amendment of Articles of Incorporation for Asset Management Companies Mori Building Investment Management Co., Ltd. and Mori Building Real Estate Investment Advisory Co., Ltd."},"content":{"rendered":"<p>Mori Building Investment Management Co., Ltd. and Mori Building Real Estate Investment Advisory Co., Ltd. will execute an absorption-type merger effective June 30, 2026, aiming to improve operational productivity and stabilize the management foundation.<\/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":"3234","jir_company_name":"Mori Hills REIT, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-22","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3234-20260422-01.pdf","jir_short_summary":"Mori Building Investment Management Co., Ltd. and Mori Building Real Estate Investment Advisory Co., Ltd. will execute an absorption-type merger effective June 30, 2026, aiming to improve operational productivity and stabilize the management foundation.","jir_summary":"### Overview of the Merger\nMori Hills REIT, Inc.'s asset management companies, Mori Building Investment Management Co., Ltd. (MIM) and Mori Building Real Estate Investment Advisory Co., Ltd. (MIA), will undertake an absorption-type merger with MIM as the surviving company and MIA as the absorbed company, effective June 30, 2026. Both companies are wholly owned subsidiaries of Mori Building Co., Ltd., and the merger aims to consolidate human resources and expertise to enhance operational productivity and stabilize the management foundation. The merger agreement was concluded on April 22, 2026, and the shareholders' meeting is scheduled for May 14, 2026.\n\n### Post-Merger Structure and Outlook\nPost-merger, the surviving company MIM will establish a REIT Asset Management Division and an Advisory Division, assigning separate investment decision officers to prevent conflicts of interest. There will be no changes to asset management consignment agreements, investment policies, or contracts with sponsors, and the listing of Mori Hills REIT, Inc. will continue. Additionally, partial amendments to the articles of incorporation include the addition of investment advisory and agency business as well as Type II Financial Instruments Business, and the transition to electronic public notices.","jir_financial_highlights":"Net Assets (Mori Building Investment Management Co., Ltd.): 1,046 million yen (As of March 31, 2025)\nNet Assets (Mori Building Real Estate Investment Advisory Co., Ltd.): 505 million yen (As of March 31, 2025)\nTotal Assets (Mori Building Investment Management Co., Ltd.): 1,228 million yen (As of March 31, 2025)\nTotal Assets (Mori Building Real Estate Investment Advisory Co., Ltd.): 532 million yen (As of March 31, 2025)\nSales (Mori Building Investment Management Co., Ltd.): 1,234 million yen (Fiscal year ended March 2025)\nSales (Mori Building Real Estate Investment Advisory Co., Ltd.): 228 million yen (Fiscal year ended March 2025)","jir_category":"","jir_hashtags":"#MoriHillsREITInc, #CorporateRestructuring, #JapaneseStocks","jir_key_figures":"Effective Date of Merger: June 30, 2026 (scheduled)\nTotal Net Assets (As of March 31, 2025): 1,551 million yen (combined)\nSales (Fiscal Year Ended March 2025): MIM 1,234 million yen, MIA 228 million yen","jir_meta_title":"\u3010Mori Hills REIT, Inc.\u3011Strengthening Management Foundation through Asset Management Company Merger\uff5cJune 2026","jir_meta_description":"Mori Hills REIT, Inc.'s two asset management companies will merge on June 30, 2026, aiming to enhance operational efficiency and stabilize the management foundation, improving investment service quality.","jir_og_title":"\u3010Mori Hills REIT, Inc.\u3011Management Foundation Strengthened through Asset Management Company Merger","jir_og_description":"Mori Hills REIT, Inc.'s asset management companies will merge in June 2026, promoting operational efficiency and stability.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8728,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-41765","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - 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