About HHRStructure

Company Structure

Structure of HHR (Overview)

Company structure of HHR (Overview)
  1. Asset management services agreement
  2. Administrative agency agreement / asset custody agreement
    / agreement on administration of unitholders'register
    / special account management agreement
  3. Fiscal agency agreement
    / Fiscal, issuing and payment agency agreement
  4. Information sharing-related agreement

Names, administrative roles and related operations of HHR and its related corporations

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Administrative roles Names Details of operations
Investment
corporation
Hankyu Hanshin
REIT, Inc.
(HHR)
HHR shall manage funds contributed by unitholders by investing them primarily in real estate and real estate-related assets in accordance with its Articles of Incorporation.
Asset management
company
Hankyu Hanshin
REIT Asset
Management,
Inc.
(the Asset
Management
Company)
Pursuant to the asset management services agreement and in accordance with the Articles of Incorporation of HHR, the Asset Management Company engages in (1) the management of HHR's assets, (2) financing activities conducted by HHR, (3) reporting to HHR, and (4) other operations related or incidental to items (1) through (3) that HHR entrusts to it from time to time.
General administrator
Asset custodian
Administrator of
unitholders' register
Administrator of
special account
Mitsubishi UFJ
Trust and
Banking
Corporation
  • Mitsubishi UFJ Trust and Banking Corporation shall engage in operations relating to (1) accounting, (2) book keeping, (3) taxes and (4) administration of the Executive Meeting and Unitholders' Meetings (with the exception of operations relating to sending out Unitholders' Meeting documents and receiving and counting voting forms) of HHR pursuant to the administrative agency agreement, among other operations.
  • Mitsubishi UFJ Trust and Banking Corporation shall engage in operations relating to the custody of assets owned by HHR pursuant to the asset custody agreement.
  • Mitsubishi UFJ Trust and Banking Corporation shall engage in operations relating to (1) the preparation and keeping of unitholders' registers and other business with respect to the unitholders' registers, (2) issuance of investment securities, (3) payments of cash distributed to unitholders and (4) receipt of requests regarding exercise of rights from unitholders to HHR and any other requests from unitholders pursuant to the agreement on administration of unitholders' register and the special account management agreement, among other operations.
General administrator
of investment
corporation bonds
MUFG Bank,
Ltd.
MUFG Bank, Ltd. shall perform the following regarding the third series of unsecured investment corporation bonds under the fiscal agency agreement, (1) administrative services related to issuing investment corporation bonds, (2) administrative services related to the redemption of principal and the payment of interest to investment corporation bondholders, (3) administrative services related to the original registry of investment corporation bonds.
General administrator
of investment
corporation bonds
Sumitomo Mitsui
Trust Bank,
Limited
Sumitomo Mitsui Trust Bank, Limited shall perform the following regarding the fourth, fifth and sixth series of unsecured investment corporation bonds under the fiscal, issuing and payment agency agreement, (1) operations related to issuing investment corporation bonds, (2) operations related to the redemption of principal and the payment of interest to investment corporation bondholders, (3) administrative services related to the original registry of investment corporation bonds.
General administrator
of investment
corporation bonds
Resona Bank,
Limited
Resona Bank, Limited shall perform the following regarding the seventh and eighth series of unsecured investment corporation bonds under the fiscal, issuing and payment agency agreement, (1) operations related to issuing investment corporation bonds, (2) operations related to the redemption of principal and the payment of interest to investment corporation bondholders, (3) administrative services related to the original registry of investment corporation bonds.

Other principal parties related to HHR

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Administrative roles Names Details of operations
Real estate information
service companies
Hankyu Corporation(Note)
Hanshin Electric Railway Co., Ltd.
Hankyu Hanshin Properties Corp.
Hankyu Hanshin Real Estate Investment Advisors, Inc.
Real estate information service companies provide real estate sales information to the Asset Management Company in accordance with the information sharing-related agreement. Please refer to Growth Strategy for full details of operations.
  • As a result of a (physical) absorption-type corporate split on April 1, 2005, the former Hankyu Corporation handed over all of its business except for ownership of brands associated with the ‘阪急’ and ‘HANKYU’ trademarks and other related marks and selected business, to its wholly owned subsidiary called Hankyu Corporation Spin-Off Preparation Inc. and became a pure holding company. The name of the company was changed to Hankyu Holdings, Inc. on the same day, before being changed again on October 1, 2006 to Hankyu Hanshin Holdings, Inc. Hankyu Corporation Spin-Off Preparation Inc. also changed its name to the Hankyu Corporation on April 1, 2005. Unless specifically indicated otherwise, the reference to Hankyu Corporation in this website indicates the current Hankyu Corporation in descriptions regarding April 1, 2005 onwards and former Hankyu Corporation prior to the aforementioned absorption-type corporate split. Hankyu Hanshin Holdings, Inc. is listed on the Tokyo Stock Exchange as a pure holding company of the Hankyu Corporation, Hanshin Electric Railway Co., Ltd., Hankyu Hanshin Properties Corp., Hankyu Travel International Co., Ltd., Hankyu Hanshin Express Co., etc.