A. Distributions can be received by bringing the “Certificate of Distribution Receipt” to Japan Post Bank or a post office. If you have designated an account for transferring distributions, the proceeds will be deposited into the designated account. You can also designate an account at a securities company to receive distributions by making such arrangements with your securities company.
Q. What requirements need to be satisfied to receive distributions?
A. In order to receive distributions, you must be recorded or registered on the unitholders registry as of the date of right allotment. This means you need to own OJR's investment units on the date that is two business days prior to the date of right allotment, or the final trading day for distribution eligibility on the Tokyo Stock Exchange.
* The date of right allotment for OJR is the date of settlement of accounts for each fiscal period – the end of February and the end of August each year. If the date is not a business day, the immediately preceding business day shall be the date of right allotment.
Q. Can past distributions be received at any time?
A. You will not be able to receive distributions if three years have passed since the payment of the relevant distributions started. For more details, please see the Distribution Policy: Period of exclustion of distributions.
Q. What is the minimum number of investment units that can be purchased?
A. You can purchase investment units from a single unit. For the latest investment unit price, please refer to the Stock Price Information.
Portfolio
Q. Can you tell us about properties of the portfolio?
A. Upon acquiring properties, OJR conducts PML* surveys to analyze their earthquake risks. After acquiring properties, OJR conducts PML surveys at the end of each fiscal period to monitor the earthquake risks. For properties with high PML values (20% or higher), OJR takes out earthquake insurance and takes other measures. For properties constructed under the old earthquake resistance standards, OJR is subject to conduct seismic reinforcement work and other arrangements. (Please refer to the latest securities report (in Japanese) for the PML of the entire portfolio and for each property.)
* PML stands for Probable Maximum Loss, and shows the ratio (%) of cost of recovering a building after it is damaged to its state before the damage occurred against repurchase price, when assuming an earthquake that may occur once in 475 years in average in probability statistics.
Asset Management Company
Q. Please tell us about the asset management company.
