Developing an Investor Base to Establish Private Funds
First written in FY2017. 4 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
10 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In addition, we formed a new private fund whose managed assets comprise 7 high-quality newly built residential properties owned by Ichigo Owners, with a total value of ¥9.8 billion. This increased managed assets that will serve as a future source of recurring revenue, and we recorded performance fees associated with the formation of the new private fund.」
It formed a new private fund whose managed assets comprise 7 high-quality newly built residential properties with a total value of ¥9.8 billion, increasing managed assets and performance fees. - 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.」
It continues to provide operational support for the private fund business, alongside support for listed investment corporations. - 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.」
It continues to provide operational support for the private fund business, alongside support for listed investment corporations. - FY2021-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, hereinafter “Ichigo Green”) and the private fund business.」
It continues to focus on providing operational support for the private fund business. - FY2020-Q3AdvancedAnnual report
「Segment performance was segment revenue of ¥2,865 million, up 11.3% year on year, and segment profit of ¥1,696 million, up 7.9%, owing mainly to spot management fees generated by property sales by Ichigo Hotel and new private fund mandates, as well as steady base management fees.」
Spot management fees were generated by new private fund mandates, resulting in asset management segment revenue of ¥2,865 million and segment profit of ¥1,696 million. - FY2020-Q2RestatedAnnual report
「We focused on initiatives to expand the private fund business.」
It continues its efforts to expand the private fund business. - FY2019AdvancedAnnual report
「Of the ¥14.2 billion provided during the current fiscal year, ¥8.3 billion has been transferred to a private fund funded by domestic institutional investors with whom we can build long-term relationships. Ichigo Investment Advisors has been entrusted with the asset management of this private fund, and going forward, both Ichigo Owners and Ichigo Investment Advisors will provide services to the customers to whom the assets were transferred.」
Regarding investor development for private fund formation, it transferred ¥8.3 billion to a private fund funded by domestic institutional investors and entrusted Ichigo Investment Advisors with its management. - FY2017First statedAnnual report
「Investor development for the formation of private funds」
It explicitly identifies investor development for private fund formation as a key initiative under its medium-term management plan.