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Notice Concerning Approval for the Listing of MIRAI Corporation Investment Units on the Tokyo Stock Exchange

Nov. 11, 2016


Mitsui & Co., Ltd.
Mitsui & Co. Asset Management Holdings Ltd.


Main Contents

This is to announce that MIRAI Corporation ("MIRAI"), for which Mitsui Bussan & Idera Partners Co., Ltd. conducts asset management, has today obtained approval from Tokyo Stock Exchange, Inc. ("Tokyo Stock Exchange") for the listing of its investment units on the real estate investment trust market of the Tokyo Stock Exchange. Mitsui Bussan & Idera Partners Co., Ltd. ("the Asset Management Company") is jointly owned by Mitsui & Co. Asset Management Holdings Ltd. (Mitsui & Co., Ltd.'s strategic wholly owned subsidiary for real estate asset management business) and IDERA Capital Management Ltd.

MIRAI was established on December 4, 2015 under the the Act on Investment Trust and Investment Corporations. It is a comprehensive REIT (Note 1), and the portfolio of its investment units at the time of listing will consist of office buildings, commercial facilities, and hotels. These assets will be managed by the Asset Management Company. Mitsui & Co. Asset Management Holdings Ltd. has hitherto engaged in management of a listed logistics REIT (Japan Logistics Fund, Inc.) and private funds through subsidiaries. This initiative is expected to bring about enhancement of further expansion of its real estate asset management business in Japan.

MIRAI will achieve the greatest possible synergy benefits by combining the different areas of expertise and strengths that the Mitsui & Co. group (Note. 2) and IDERA Capital Management, Ltd. have. Mitsui & Co., Ltd. is one of Japan's leading general trading companies, while IDERA Capital Management, Ltd. has an extensive experience and track record as an independent asset management company. MIRAI will work to enhance unitholder value through investment and asset management in a wide range of asset categories.

Note 1: "REIT" is an acronym for "real estate investment trust." A REIT uses funds gathered from many investors to acquire multiple properties, such as office buildings, commercial facilities, and apartment buildings. Rental income and trading gains are distributed to the investors.

Note 2: The Mitsui & Co. group consists of Mitsui & Co., Ltd. ("Mitsui", head office: Chiyoda-ku, Tokyo) and its consolidated subsidiaries and equity method affiliated companies.

Profile of MIRAI

Name MIRAI Corporation
Code 3476
Abbreviated name MIRAI Corporation
Address 2-1, Nishi-Kanda 3-chome, Chiyoda-ku, Tokyo
Established December 4, 2015
Registered January 6, 2016 (No. 111, Kanto Local Finance Bureau)
Representative Executive Director Michio Suganuma

Profile of the Asset Management Company

Name Mitsui Bussan & Idera Partners Co., Ltd.
Address 5-12, Kita-Aoyama 3-chome, Minato-ku, Tokyo
Established June 1, 2015
Capital ¥200 million
Business activities Investment management
Representative Michio Suganuma
Licenses/registrations Real Estate Brokerage: No. (1) 98041, Governor of Tokyo
Entrustment-Based Agency Services for Transactions, etc. : No. 94, the Minister of Land, Infrastructure, Transport and Tourism
Financial Instruments Business: No. 2876, Kanto Finance Bureau
Shareholders Mitsui & Co. Asset Management Holdings Ltd. (50%)
IDERA Capital Management, Ltd. (50%)

Important information:
This notice has been issued to provide general disclosure concerning approval for the listing of the investment units of MIRAI Corporation and has not been intended as a solicitation for investment. Any investment should be based on investors' own responsibility and judgment after reading the prospectus for the new units and secondary offering of investment units, as well as any revisions thereto prepared by MIRAI Corporation.

Information

For inquiries on this matter, please contact

Mitsui & Co., Ltd.
Corporate Communications Division
Soichi Nakayama
Telephone: +81-3-3285-7566
Facsimile: +81-3-3285-9819