The Investment Corporation seeks to maximize unitholders’ value by reducing funding costs, with a focus on stability, agility, and efficiency.

1. Stability

• Keeping the LTV ratio at an appropriate level to ensure financial health
  The upper limit of the LTV ratio is 60%.
  (The LTV ratio may exceed the limit temporarily due to acquisitions of properties and changes in appraised value.)
• Raising long-term and fixed-rate funds, considering the characteristics of the Investment Corporation's assets
• Securing financial multi-resources to reduce refinance risk and diversify repayment deadlines

2. Agility

• Developing a system for raising funds promptly to acquire properties

3. Efficiency

• Efficient cash management
• Achieving low interest rates through stable asset management

• “LTV ratio” is the ratio of the sum of the balance of borrowings and investment corporation bonds to total assets.

• For details of debt conditions, please refer to the “Interest-Bearing Debt” page.
• For details of borrowings and Investment Corporation bonds, please refer to the “Borrowings & Bonds” page.