Capital & Unitholders

Capital

The total unitholders' capital, the total number of investment units authorized, and the total number of investment units issued as of February 22, 2017 are as follows.

Total unitholders' capital 94,557 million yen
Total number of investment units authorized 8,000,000 units
Total number of investment units issued 563,694 units

The table below shows changes in the number of investment units issued and unitholders' capital after Invest Corporation was established.

Date Remarks Investment units issued
(units)
Unitholders' capital
(thousand yen)
Changes Balance Changes Balance
Jun. 8, 2010 Private Placement (Note 1) 200 200 100,000 100,000
Aug. 30, 2010 Private Offering (Note 2) 7,800 8,000 3,900,000 4,000,000
Mar. 18, 2011 Private Offering (Note 3) 24,270 32,270 11,840,168 15,840,168
Feb. 2, 2012 Private Offering (Note 4) 16,400 48,670 8,200,000 24,040,168
Feb. 5, 2013 Public Offering (Note 5) 18,691 67,361 9,935,668 33,975,836
Feb. 3, 2014 Public Offering (Note 6) 31,900 99,261 21,960,374 55,936,211
Feb. 26, 2014 Third-Party Allotment (Note 7) 1,401 100,662 964,466 56,900,677
Aug. 1, 2014 Split (Note 8) 301,986 402,648 - 56,900,677
Feb. 2, 2015 Public Offering (Note 9) 70,000 472,648 18,025,980 74,926,657
Feb. 27, 2015 Third-Party Allotment (Note 10) 1,156 473,804 297,686 75,224,343
Feb. 1, 2016 Public Offering (Note 11) 37,800 511,604 7,159,320 82,383,663
Feb. 26, 2016 Third-Party Allotment (Note 12) 1,900 513,504 359,860 82,743,523
Feb. 1, 2017 Public Offering (Note 13) 47,800 561,304 11,251,785 93,995,309
Feb. 22, 2017 Third-Party Allotment (Note 14) 2,390 563,694 562,589 94,557,898
(Note 1) Investment units were issued at an issue price of 500,000 yen per unit for private placement to establish the Investment Company.
(Note 2) Investment units were issued at an issue price of 500,000 yen per unit by a private offering.
(Note 3) Investment units were issued at an issue price of 500,000 yen (subscription price; 487,852 yen) per unit by a private offering.
(Note 4) Investment units were issued at an issue price of 500,000 yen per unit by a private offering.
(Note 5) Investment units were issued at an issue price of 550,000 yen (subscription price; 531,575 yen) per unit by a public offering.
(Note 6) Investment units were issued at an issue price of 712,530 yen (subscription price; 688,413 yen) per unit by a public offering.
(Note 7) In accordance with the public offering conducted on February 3, 2014, investment units were allocated to Mizuho Securities Co., Ltd. at an issue price of 688,413 yen per unit.
(Note 8) The Investment Corporation has implemented a four-for-one split of its investment units on August 1, 2014.
(Note 9) Investment units were issued at an issue price of 266,253 yen (subscription price; 257,514 yen) per unit by a public offering.
(Note 10) In accordance with the public offering conducted on February 2, 2015, investment units were allocated to Mizuho Securities Co., Ltd. at an issue price of 257,514 yen per unit.
(Note 11) Investment units were issued at an issue price of 195,828 yen (subscription price; 189,400 yen) per unit by a public offering.
(Note 12) In accordance with the public offering conducted on February 1, 2016, investment units were allocated to Mizuho Securities Co., Ltd. at an issue price of 189,400 yen per unit.
(Note 13) Investment units were issued at an issue price of 243,252 yen (subscription price; 235,393 yen) per unit by a public offering.
(Note 14) In accordance with the public offering conducted on February 1, 2017, investment units were allocated to Mizuho Securities Co., Ltd. at an issue price of 235,393 yen per unit.

Major Unitholders

The status of major unitholders as of July 31, 2017 is as follows.

Name Number of Units (Units) Share of Units (%)
Japan Trustee Services Bank, Ltd. (trust account) 187,940 33.34
The Master Trust Bank of Japan, Ltd. (trust account) 52,784 9.36
Tokyu Land Corporation 51,664 9.16
Trust & Custody Services Bank, Ltd. (securities trust investment account) 31,219 5.53
The Nomura Trust & Banking Co., Ltd. (trust account) 22,803 4.04
Trust & Custody Services Bank, Ltd. (taxable trust money account) 10,748 1.90
The Asahi Fire And Marine Insurance Company, Limited 8,600 1.52
Mitsubishi UFJ Trust and Banking Corporation
(Standing proxy: The Master Trust Bank of Japan, Ltd.)
8,259 1.46
DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO
(Standing proxy: Citibank, N.A., Tokyo Branch)
5,632 0.99
STATE STREET BANK AND TRUST COMPANY 505012
(Standing proxy: The Hongkong and Shanghai Banking Corporation Limited)
5,251 0.93
(Note) Share of Units are rounded down to the nearest hundredths.