Financial Results Presentation for the 15th Fiscal Period Ended May 2019 - July 2019

Financial Results Presentation for the 15th Fiscal Period Ended May 2019 - July 2019

 

Financial Results Presentation for the 15th Fiscal Period Ended May 2019 - July 2019

index

1.Growth Strategy:Management Highlights and Future Growth Strategy

2. Financial highlights and Forecasts:Statement of Income ~the 15th Period Ended May 2019~

3. Change in Management Fee Structure

4. Internal Growth, External Growth, and Financial Strategies ~Management of Tokyo Office Properties 1~

5. ESG and others:Establishment of Sustainability Policy

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Recent borrowings and refinancing results since December 2018 are shown here.

For refinancing, we have achieved lowering average interest rate along with maintaining average period remaining to maturity. For recent borrowings, thanks to favorable financing market condition, we have successfully lowered overall interest costs.

On July 9, 2019, we issued our first Green Bonds with attractive terms.

A maturity ladder is shown in the bottom.
We have managed to level the outstanding debt and average interest rate at each period with paying attention to refinancing.