Komori
Ichigo (2337) · InitiativeAdvanced

Sponsor Support for Ichigo Office REIT and Ichigo Hotel REIT

First written in FY2017-Q1. 20 of 30 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.

30entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q1 – FY2018-Q2RestatedFY2019-Q3 – FY2021-Q2AdvancedFY2021-Q3 – FY2022AdvancedFY2023-Q2 – FY20262016: 220162017: 420172018: 420182019: 220192020: 120202021: 320212022: 420222023: 320232024: 420242025: 120252026: 22026
Same theme, other companies
Sponsor support for J-REITs under managementA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「As sponsor support, we transferred to Ichigo Office an office building, Ichigo Funabashi Building, whose value had been enhanced through value-enhancement initiatives.」

    As sponsor support for Ichigo Office, the company transferred Ichigo Funabashi Building, whose value had been enhanced through value-enhancement initiatives.
  2. 2026-04-14AdvancedRevision of earnings forecasts

    「As sponsor support, we also transferred to Ichigo Office an office building that had been enhanced through the value-enhancement business, Ichigo Funabashi Building.」

    The Company additionally reports transferring a value-enhanced office building to Ichigo Office as sponsor support.
  3. FY2025AdvancedAnnual report

    「AUM at the end of the consolidated fiscal year was ¥384.9 billion, including the operation of power plants owned by Ichigo Green, up 12% from the end of the previous fiscal year.」

    Through support and property provision for listed investment corporations, security tokens and private funds, AUM reached ¥384.9 billion, up 12% from the end of the previous fiscal year.
  4. FY2025-H1AdvancedAnnual report

    「Ichigo Office and Ichigo Hotel have completed the conversion to renewable energy for 100% of the electricity consumed by the real estate they own, and we are also supporting these initiatives as sponsor.」

    As part of sponsor support, the company is supporting the completion of the conversion to renewable energy for electricity consumed by the real estate owned by Ichigo Office and Ichigo Hotel.
  5. FY2025-Q1AdvancedAnnual report

    「We regard growth support for both investment corporations as an important initiative and will continue to provide active support as sponsor through measures including the provision of high-quality properties, the use of bridge funds, and value enhancement of investment corporation assets through value-enhancement initiatives, while pursuing further enhancement of unitholder value by managing from the unitholder’s perspective.」

    The company continues to identify support for Ichigo Office and Ichigo Hotel as an important initiative, citing the provision of high-quality properties, bridge funds and value enhancement through value-enhancement initiatives as support measures. It provided 4 properties worth ¥9.1 billion to Ichigo Office.
  6. FY2024AdvancedAnnual report

    「Including the approximately ¥3 billion acquired on an ongoing basis from the previous fiscal year, we completed the acquisition of Ichigo Office units totaling approximately ¥13 billion, and also acquired approximately ¥1 billion of Ichigo Hotel units.」

    Regarding efforts to strengthen its sponsor commitment, the company completed the acquisition of Ichigo Office units totaling approximately ¥13 billion and also acquired approximately ¥1 billion of Ichigo Hotel units.
  7. FY2024-Q3AdvancedAnnual report

    「In addition, as part of efforts to strengthen the sponsor’s commitment to the further growth of the investment corporations we manage and the enhancement of unitholder value, we acquired units in Ichigo Office and Ichigo Hotel. We completed the acquisition of Ichigo Office units, which had continued from the previous fiscal year, totaling ¥9.5 billion by the second quarter, and also completed the acquisition of Ichigo Hotel units totaling approximately ¥1 billion.」

    The company stated that, following Ichigo Office, it also completed the acquisition of approximately ¥1 billion of Ichigo Hotel units, strengthening its sponsor commitment to both investment corporations.
  8. FY2024-Q2AdvancedAnnual report

    「We completed the acquisition of Ichigo Office units totaling ¥9.5 billion from the fourth quarter of the previous fiscal year through the second quarter of the current fiscal year. We also continue to acquire Ichigo Hotel units, with a ceiling of ¥1 billion.」

    As part of efforts to strengthen sponsor support, the company completed the acquisition of Ichigo Office units totaling ¥9.5 billion and continues to acquire Ichigo Hotel units, up to a ceiling of ¥1 billion.
  9. FY2024-Q1AdvancedAnnual report

    「In addition, as part of efforts to strengthen the sponsor’s commitment to the further growth of the investment corporations we manage and the enhancement of unitholder value, we acquired units in Ichigo Office totaling ¥3 billion.」

    Regarding sponsor support, the company stated that it acquired units in Ichigo Office totaling ¥3 billion and would also proceed with the acquisition of units in Ichigo Hotel in the second quarter.
  10. FY2023-Q3AdvancedAnnual report

    「During the current fiscal year, the J-REITs we manage continued to acquire high-quality real estate, while Ichigo Office continued to replace properties in its portfolio. In the previous fiscal year, it sold properties at prices 2.3 times their book value and 1.9 times their appraised value. In the current fiscal year, it also completed similar sales in the fourth quarter that contributed to enhancing unitholder value, seeking to maximize unitholder value through replacement with properties offering greater potential for value enhancement.」

    Regarding J-REIT support, the company explained that Ichigo Office continued to replace properties in its portfolio and completed sales during the current fiscal year that contributed to enhancing unitholder value. It stated that the sale price in the previous fiscal year was 2.3 times book value and 1.9 times appraised value.
  11. FY2023-Q2AdvancedAnnual report

    「During the period, we also continued to acquire high-quality properties for the J-REITs we manage. In the first quarter, Ichigo Office acquired an office property for approximately ¥3.84 billion and Ichigo Hotel acquired a hotel for ¥670 million, and Ichigo Hotel also decided to acquire a hotel for ¥2.2 billion.」

    Regarding the J-REITs receiving sponsor support, the company described specific office and hotel acquisitions, including Ichigo Hotel’s decision to acquire a hotel for ¥2.2 billion.
  12. FY2023-Q1RestatedAnnual report

    「We focused on providing operational support to Ichigo Office REIT Investment Corporation (security code 8975, hereinafter “Ichigo Office”), Ichigo Hotel REIT Investment Corporation (security code 3463, hereinafter “Ichigo Hotel”), Ichigo Green Infrastructure REIT Investment Corporation (security code 9282) and the private fund business.」

    The company continues to provide operational support to 3 listed investment corporations and the private fund business.
  13. FY2022AdvancedAnnual report

    「In the fourth quarter, to support the growth of Ichigo Office, we established a bridge fund and transferred to it 4 office buildings located in Chiyoda-ku, Tokyo, and Hakata-ku, Fukuoka, for total consideration of ¥12.3 billion.」

    As sponsor support for Ichigo Office, the company established a bridge fund and transferred 4 properties worth ¥12.3 billion, providing the investment corporation with future acquisition opportunities.
  14. FY2022-Q3AdvancedAnnual report

    「Amid difficult hotel operating conditions nationwide, we supported the operation of hotels owned by Ichigo Hotel through our group company Hakata Hotels, and were entrusted with the operation of 4 hotels as of the end of the third quarter. In addition, in light of declining hotel revenue, we underwrote ¥370 million of subordinated investment corporation bonds to further strengthen Ichigo Hotel’s financial base.」

    Regarding support for Ichigo Hotel, the company underwrote ¥370 million of subordinated investment corporation bonds to strengthen its financial base, in addition to being entrusted with the operation of 4 hotels.
  15. FY2022-Q2AdvancedAnnual report

    「Amid difficult hotel operating conditions nationwide, we supported the operation of hotels owned by Ichigo Hotel through our group company Hakata Hotels, and were entrusted with the operation of 4 hotels in the second quarter.」

    Regarding sponsor and operational support for Ichigo Hotel, the company demonstrated specific progress by being entrusted with the operation of 4 hotels through Hakata Hotels in the second quarter.
  16. FY2022-Q1AdvancedAnnual report

    「Amid difficult hotel operating conditions nationwide, we supported the operation of hotels owned by Ichigo Hotel through our group company Hakata Hotels, and were entrusted with the operation of 3 hotels in the first quarter.」

    Regarding sponsor and operational support for Ichigo Hotel, the company demonstrated specific progress by being entrusted with the operation of 3 hotels through Hakata Hotels.
  17. FY2021-Q3AdvancedAnnual report

    「Amid declining revenue at Ichigo Hotel as a result of lower revenue at each hotel it owns due to the impact of COVID-19, we underwrote ¥500 million of subordinated investment corporation bonds to strengthen Ichigo Hotel’s financial base.」

    The company provided specific sponsor support by underwriting ¥500 million of subordinated investment corporation bonds to strengthen Ichigo Hotel’s financial base.
  18. FY2021-Q2RestatedAnnual report

    「We focused on providing operational support to Ichigo Office REIT Investment Corporation (security code 8975, hereinafter “Ichigo Office”), Ichigo Hotel REIT Investment Corporation (security code 3463, hereinafter “Ichigo Hotel”), Ichigo Green Infrastructure REIT Investment Corporation (security code 9282, hereinafter “Ichigo Green”) and the private fund business.」

    The company continues to provide operational support to 3 listed investment corporations and the private fund business.
  19. FY2020-Q2RestatedAnnual report

    「In addition to providing growth support to Ichigo Office REIT Investment Corporation (security code 8975, hereinafter “Ichigo Office”), Ichigo Hotel REIT Investment Corporation (security code 3463, hereinafter “Ichigo Hotel”) and Ichigo Green Infrastructure REIT Investment Corporation (security code 9282, hereinafter “Ichigo Green”), we focused on initiatives to expand the private fund business.」

    The company continues to focus on growth support for 3 listed investment corporations and expansion of the private fund business.
  20. FY2019-Q3RestatedAnnual report

    「We also provided ongoing support aimed at enhancing value for Ichigo Office REIT Investment Corporation (security code 8975) and Ichigo Green Infrastructure REIT Investment Corporation (security code 9282, hereinafter “Ichigo Green”).」

    The company continues to support value enhancement for Ichigo Office REIT and Ichigo Green.
  21. FY2019-Q2AdvancedAnnual report

    「In the second quarter, we transferred a hotel located in Kurashiki City in connection with an asset swap by Ichigo Hotel REIT Investment Corporation (security code 3463). We also provided growth support to Ichigo’s listed investment corporations, including support for Ichigo Office REIT Investment Corporation (security code 8975) and the continued operation of power plants owned by Ichigo Green Infrastructure REIT Investment Corporation (security code 9282, hereinafter “Ichigo Green”).」

    The company has demonstrated specific support achievements, including the transfer of a hotel in Kurashiki City in connection with an asset swap by the hotel REIT, support for the office REIT, and the continued operation of power plants owned by the green infrastructure investment corporation.
  22. FY2019-Q1AdvancedAnnual report

    「In the first quarter, we transferred 2 office buildings in connection with an asset swap by Ichigo Office REIT Investment Corporation (security code 8975). We also provided growth support to Ichigo’s listed investment corporations, including support for hotel acquisitions by Ichigo Hotel REIT Investment Corporation (security code 3463) and the continued operation of power plants owned by Ichigo Green Infrastructure REIT Investment Corporation (security code 9282).」

    For the 3 listed investment corporations, the company has demonstrated specific growth support achievements, including the transfer of 2 office buildings, support for hotel acquisitions, and the continued operation of power plants.
  23. FY2018AdvancedAnnual report

    「We provided growth support to all 3 of Ichigo’s listed investment corporations, including asset swaps with Ichigo Office, the transfer of 2 power plants to Ichigo Green, and support for hotel acquisitions by Ichigo Hotel.」

    For the 3 listed investment corporations, the company has demonstrated specific sponsor support achievements, including asset swaps, the transfer of 2 power plants, and support for hotel acquisitions.
  24. FY2018-Q3AdvancedAnnual report

    「We are carrying out asset swaps with Ichigo Office REIT Investment Corporation (security code 8975, hereinafter “Ichigo Office”), transferring 2 power plants to Ichigo Green Infrastructure REIT Investment Corporation (security code 9282, hereinafter “Ichigo Green”), and supporting the growth of Ichigo Hotel REIT Investment Corporation (security code 3463, hereinafter “Ichigo Hotel”).」

    For the 3 investment corporations, the company has demonstrated specific support achievements, including asset swaps with Ichigo Office, the transfer of 2 power plants to Ichigo Green, and growth support for Ichigo Hotel.
  25. FY2018-Q2RestatedAnnual report

    「Growth support for Ichigo Office REIT Investment Corporation (security code 8975, hereinafter “Ichigo Office REIT”), Ichigo Hotel REIT Investment Corporation (security code 3463, hereinafter “Ichigo Hotel REIT”) and Ichigo Green Infrastructure REIT Investment Corporation (security code 9282, hereinafter “Ichigo Green”)」

    The company continues to identify growth support for 3 investment corporations as a priority.
  26. FY2018-Q1RestatedAnnual report

    「・ Growth support for Ichigo Office REIT (8975) and Ichigo Hotel REIT (3463)」

    The company continues to identify support for the growth of Ichigo Office REIT and Ichigo Hotel REIT as a priority.
  27. FY2017RestatedAnnual report

    「Growth support for Ichigo Office REIT (8975) and Ichigo Hotel REIT (3463)」

    The company continues to identify support for the growth of Ichigo Office REIT and Ichigo Hotel REIT as a priority.
  28. FY2017-Q3RestatedAnnual report

    「Growth support for Ichigo Office REIT (8975) and Ichigo Hotel REIT (3463)」

    The company continues to identify support for the growth of Ichigo Office REIT and Ichigo Hotel REIT as a priority.
  29. FY2017-Q2RestatedAnnual report

    「Sponsor support to support the growth of Ichigo Office REIT and Ichigo Hotel REIT」

    The company continues to identify sponsor support for its 2 existing J-REITs as a key measure.
  30. FY2017-Q1First statedAnnual report

    「Sponsor support to support the growth of Ichigo Office REIT and Ichigo Hotel REIT」

    The company has identified sponsor support as a measure to support the growth of the J-REITs it manages.
Moved together

"Recovery of Funds and Realization of Gains Through Asset Sales" moved the same way as this thread, in the same document, in 18 of its 30 moves.

181715151412★123456
  1. ★This thread
  2. 1Recovery of Funds and Realization of Gains Through Asset Sales18×
  3. 2Business Model Combining Rental Income During the Holding Period with Gains on Sale After Enhancing Asset Values17×
  4. 3Advancing the Clean Energy Business, Including Solar Power Generation15×
  5. 4Expanding Growth Investment Through REIT Bridge and Value-Enhancement Projects15×
  6. 5Flexible capital policy through share repurchases14×
  7. 6Improving Borrowing Terms by Extending Maturities and Reducing Interest Costs12×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Ichigo yet. It last moved in the Revision of earnings forecasts of 2026-04-14: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Sponsor Support for Ichigo Office REIT and Ichigo Hotel REIT | Ichigo Inc. (2337) | Komori