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Other Disclosures3489FaithNetwork Co.,LtdReal Estate

Notice of Completion of Type II Financial Instruments Business Registration by Subsidiary and Membership in the Investment Advisers Association

FAITHアセットマネジメント, a subsidiary, completed its registration as a Type II Financial Instruments Business operator and its membership procedures for the Investment Advisers Association. This has established a framework for the sale, brokerage, and private placement of real estate trust beneficiary interests, as well as for providing investment advice.

Worth reading
69In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
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Wording
Conditional
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Announced details

Fractional real estate investment product “Grand Funding”Sale, brokerage, agency, and private placement of real estate trust beneficiary interestsInvestment Advisory and Agency Business
Applicable field (uses covered by this announcement)

Real estate investment support business, asset management business, real estate trust beneficiary interest transactions, fund formation, and investment advice

Contract Date25 June 2021 (Type II Financial Instruments Business registration); 24 August 2021 (membership in the Investment Advisers Association)
What the company reported numerically
Usage history

More than 250 newly built whole-building apartment complexes produced in total over the 19 years since establishment

Relationship between the counterparty and the company
FaithNetwork Co.,Ltd3489
Relationship with the Company

FAITHアセットマネジメント is a group subsidiary of 株式会社フェイスネットワーク. It joined the Investment Advisers Association as an investment advisory and agency member.

CounterpartyInvestment Advisers Association
Award/certification name

Type II Financial Instruments Business registration; Investment Advisers Association investment advisory and agency membership

Awarding / certifying body

Kanto Local Finance Bureau; Investment Advisers Association

Registration number and expiry date

Kanto Local Finance Bureau Director (Kinsho) No. 3267; registration date: 25 June 2021. Expiry date: Not disclosed.

Location (as indicated in this announcement)

2F, Miyama Building, 3-2-10 Sendagaya, Shibuya-ku, Tokyo

Impact on Business Performance

The company aims to secure stable income from its asset management business through fund formation. The specific impact on financial results is Not disclosed.

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

Research by Construction Data Bank Co., Ltd. (March 2021)

Announced details
ItemDetails
Names of Products / Services CoveredFractional real estate investment product “Grand Funding”, Sale, brokerage, agency, and private placement of real estate trust beneficiary interests, Investment Advisory and Agency Business
CounterpartyInvestment Advisers Association
Relationship with the CompanyFAITHアセットマネジメント is a group subsidiary of 株式会社フェイスネットワーク. It joined the Investment Advisers Association as an investment advisory and agency member.
Contract Date25 June 2021 (Type II Financial Instruments Business registration); 24 August 2021 (membership in the Investment Advisers Association)
Applicable areaReal estate investment support business, asset management business, real estate trust beneficiary interest transactions, fund formation, and investment advice
Award/certification nameType II Financial Instruments Business registration; Investment Advisers Association investment advisory and agency membership
Awarding / certifying bodyKanto Local Finance Bureau; Investment Advisers Association
Registration number and expiry dateKanto Local Finance Bureau Director (Kinsho) No. 3267; registration date: 25 June 2021. Expiry date: Not disclosed.
Location2F, Miyama Building, 3-2-10 Sendagaya, Shibuya-ku, Tokyo
Usage historyMore than 250 newly built whole-building apartment complexes produced in total over the 19 years since establishment
Impact on Business PerformanceThe company aims to secure stable income from its asset management business through fund formation. The specific impact on financial results is Not disclosed.
SourceResearch by Construction Data Bank Co., Ltd. (March 2021)
Items this document does not state (6)
Counterparty overviewContract ValueOffering priceLaunch dateLocation scaleQuantitative Effects

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To develop and provide new products in order to develop the market and expand the customer base in the real estate investment support business, and to provide investors with appropriate investment advice and secure stable income through fund formation.

How to read this page

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Notice of Completion of Type II Financial Instruments Business Registration by Subsidiary and Membership in the Investment Advisers Association | FaithNetwork Co.,Ltd (3489) timely disclosure | Komori