Ebisu Neonato 4F, 4-1-18, Ebisu, Shibuya-ku, Tokyo 150-0013 Japan map
Establishment
August 10, 2004
Capital
JPY300MM
Board Members
President & CEO
Hiroyuki Aoki
Sep. 1994
Deloitte & Touche LLP, New York Office Accounting & Audit Department
Jun. 1997
Ingersoll-Rand Headquarters Internal Audit Department
Nov. 2001
Arthur Andersen LLP (present, KPMG Tax Corporation)
Jul. 2002
Ripplewood Holdings LLC Vice President, Hotel Investment Group
Aug. 2005
Creative Renovation Group Japan, Inc. Vice President, Finance
Jan. 2008
Tokyo Venture Gear Co., Ltd. Director
Nov. 2011
RE Capital Services Japan Co., Ltd. (present, SC Capital Partners Japan Co. Ltd.) Representative Director
Dec. 2011
Japan Hotel & Resort K.K. Statutory Auditor (part-time)
Apr. 2012
Japan Hotel REIT Advisors Co., Ltd. Director of the Board (part-time)
Feb. 2024
Japan Hotel REIT Advisors Co., Ltd. President & CEO (current)
Director of the Board
Toshitaka Ishido
Apr. 1999
Value Management Institute, Inc.
Jul. 2002
KPMG Business Advisory LLC (Tokyo Branch) (present, KPMG FAS Co., Ltd.) Hospitality Advisory Group
Aug. 2003
KPMG FAS Co., Ltd. Manager, Hospitality Group
Sep. 2006
Japan Hotel & Resort K.K. Senior Manager, Acquisitions Department
Apr. 2007
Japan Hotel & Resort K.K. Director of the Board, Senior General Manager, Asset Management Department
Apr. 2012
Japan Hotel REIT Advisors Co., Ltd. Senior General Manager, Investment Division and General Manager, Acquisitions
Mar. 2013
Japan Hotel REIT Advisors Co., Ltd. Director of the Board, Senior General Manager, Investment Division and
General Manager, Acquisitions
Mar. 2015
Japan Hotel REIT Advisors Co., Ltd. Director of the Board, Senior General Manager, Investment Division
Sep. 2019
Japan Hotel REIT Advisors Co., Ltd.
Director of the Board, Managing Director, Head of Investment Division (current)
Director of the Board
Noboru Itabashi
Apr. 1995
Asahi Sangyo Kaisha, Ltd. Fabricated Metals Department
Jan. 1998
Rothmans Japan(present, British American Tobacco Japan, Ltd.) Finance Department
Aug. 1999
Sun Microsystems K.K. (present, Oracle Information Systems Japan G.K.) Field Finance Division
Sep. 2006
Japan Hotel & Resort K.K. Senior Manager, Finance and Accounting Division
Apr. 2007
Japan Hotel & Resort K.K. Senior General Manager, Operations Division
Apr. 2012
Japan Hotel REIT Advisors Co., Ltd. General Manager, Accounting, Operations Division
Mar. 2015
Japan Hotel REIT Advisors Co., Ltd. Director of the Board, Senior General Manager, Operations Division and
General Manager, Accounting
Jun. 2019
Japan Hotel REIT Advisors Co., Ltd. Director of the Board, Senior General Manager, Operations Division
General Manager, Finance
Sep. 2019
Japan Hotel REIT Advisors Co., Ltd. Managing Director, Director of the Board, Head of Operations Division and
Head of Finance Group
Mar. 2021
Japan Hotel REIT Advisors Co., Ltd. Managing Director, Director of the Board, Head of Operations Division and
Head of Finance Group and Head of Personnel & Administration Group
Jun. 2021
Japan Hotel REIT Advisors Co., Ltd. Managing Director, Director of the Board, Head of Operations Division,
Head of Finance & Accounting Group and Head of Personnel & Administration Group
Aug. 2021
Japan Hotel REIT Advisors Co., Ltd. Managing Director, Director of the Board, Head of Operations Division,
Head of Finance & Accounting Group
Nov. 2021
Japan Hotel REIT Advisors Co., Ltd.
Executive Director, Business Promotion Officer
and Head of Finance & Accounting Group, Finance and Planning Division
Jul. 2022
Japan Hotel REIT Advisors Co., Ltd.
Executive Director, Business Promotion Officer
and Head of Finance Group, Finance and Planning Division
Dec. 2024
Japan Hotel REIT Advisors Co., Ltd.
Executive Director, Head of Corporate Division,
Business Promotion Officer
and Head of Finance Group, Finance and Planning Division
Jul. 2025
Japan Hotel REIT Advisors Co., Ltd.
Director of the Board, Managing Director, Head of Corporate Division
Head of Finance Group (current)
Director of the Board & Chairman (part-time)
Suchad Chiaranussati
Oct. 1987
Central Bank of Thailand
Oct. 1991
Temasek Holdings Assistant Manager
Nov. 1992
JP Morgan Vice President
Nov. 1998
Central Bank of Thailand Advisor
Apr. 1999
Westbrook Managing Director and Principal responsible for Asian investment activities
Oct. 2007
SC Management Ltd. Managing Director
May 2010
Rockrise Sdn Bhd Director
Aug. 2010
Japan Hotel REIT Advisors Co., Ltd. Director of the Board (part-time)
Mar. 2011
SC Capital Partners Pte. Ltd. (current, SCCP Asset Management Pte. Ltd.) Director
Mar. 2014
SC Investment Management Pte. Ltd. (current, SC Capital Partners Pte. Ltd.) Director (current)
Aug. 2015
SC J-Holdings Pte. Ltd. Director of the Board (current)
Oct. 2015
Japan Hotel REIT Advisors Co., Ltd. Director of the Board and Chairman (part-time) (current)
Japan Hotel REIT Advisors Co., Ltd.
Executive Director, Compliance Office
Jan. 2024
Japan Hotel REIT Advisors Co., Ltd.
Executive Director, Compliance Officer (current)
Shareholders
SCJ One (S) Pte. Ltd.(*)
87.6%
Kyoritsu Maintenance Co., Ltd.
10.3%
ORIX Corporation
2.1%
Registration and Licenses
Real Estate Broker, Governor of Tokyo (5) No. 83613
Discretionary Transaction Agent by Minister of Land, Infrastructure, Transport and Tourism No. 38
Financial Instruments Business Operator, Director-General of the Kanto Local Finance Bureau No. 334
Member of The Investment Trusts Association, Japan
Member of The Japan Investment Advisers Association
(*)
SCJ One (S) Pte. Ltd. is a corporation belonging to SC Capital Partners Group. SC Capital Partners Group, which includes SC Capital Partners Pte. Ltd. based in Singapore (Founder and Chairman: Suchad Chiaranussati), is an independent investment management company which focuses on Asian and Oceanian real estate markets.
History
August 10, 2004
Established Japan Hotel REIT Advisors, Co., Ltd. (JHRA)
September 24, 2004
Obtained the Real Estate Brokerage license
(License Number: Governor of Tokyo (5) No. 83613)
June 29, 2005
Obtained approval for entrustment-based agency services for transactions license, etc. based on the Real Estate Brokerage Act
(Approval Number: Minister of Land, Infrastructure, Transport and Tourism Approval, No. 38)
October 4, 2005
Obtained approval for asset management business of investment corporation based on the Act on Investment Trust and Investment Corporations prior to enforcement of amendment of the Act for Partial Revision of the Securities and Exchange Act, etc. (Act No. 65 of 2006)
(Approval Number: Prime Minister No. 54)
September 30, 2007
Deemed registration for an investment management business (*1)
(Registration Number: Director-General of the Kanto Local Finance Bureau (Kinsho), No. 334)
April 1, 2012
Merged with Japan Hotel & Resort K.K. (*2)
June 19, 2018
Registration for initiation of investment advisory business (*3)
July 17, 2018
Submitted modification of Statement of Operational Procedures for initiation of investment advisory business and discretionary investment management business (*3)
(*1)
JHRA was eligible under the supplementary provisions of the Article 159, paragraph (1) of the Act for Partial Revision of the Securities and Exchange Act (Act No. 65 of 2008) and JHRA is deemed to have received the registration as a financial instruments business operator who execute the investment management business on September 30, 2007. JHRA submitted the documents specified in the same supplementary provisions of the Article 159, paragraph 2 to the Prime Minister on November 15, 2007.
(*2)
JHRA executed absorption-type merger on April 1, 2012 as the effective date under the merger, JHRA was the surviving company and Japan Hotel and Resort K.K., the former asset management company of Japan Hotel & Resort, Inc. was the resolving company.
(*3)
JHRA submitted an amendment of registration to the Financial Securities Agent on June 19, 2018 in order to commence investment advisory business for funds and clients other than JHR, and it was approved on the same day. Along with investment advisory business, in order to initiate discretionary investment management business, we decided to change our internal organization etc. for two new businesses, and submitted the modification, etc. of Statement of Operational Procedures on July 17, 2018.
Organization
Shareholders Meeting
Auditor
Board of Directors
Investment and Operation Committee
Compliance Committee
President & CEO
Investment Division
Corporate Division
【Click the name of each Group in the organization chart above to see the main business of each department.】
Acquisitions Group
Business related to market research and analysis of real estate, hotels and relevant sectors
Business related to the execution of property acquisition and disposition plans
Business related to sourcing target properties for acquisition and conducting due diligence
Business related to negotiation and contract execution for properties to be acquired or disposed of
Public REIT Group
Business related to the acquisition and disposition of assets under management of the investment corporation
Business related to the execution and management of contracts and other agreements concerning assets under management by the investment corporation
Business related to building management, capital expenditures, and valuation of assets under management by the investment corporation
Business related to the formulation, management, and monitoring of operational plans for assets under management by the investment corporation
Private Fund Group 1 Private Fund Group 2
Business related to the acquisition and disposition of assets under management by the private fund
Business related to the execution and management of contracts and other agreements concerning assets under management by the private fund
Business related to building management, capital expenditures and valuation of assets under management by the private fund
Business related to the formulation, management and monitoring of operational plans for assets under management by the private fund
Business related to advising clients on borrowings and bond issuances associated with assets under management by the private fund
Business related to the selection of agents engaged in investor solicitation, providing information to such agents, and handling matters related to private investors
Finance Group
Business related to financing of the investment corporation, including borrowings, investment corporation bonds, and issuance of new investment units
Business related to developing funding plans and managing funds for the investment corporation, including the operation of surplus funds
Business related to obtaining and maintaining credit ratings for the investment corporation, as well as interactions with credit rating agencies
Business related to overall corporate planning, including the formulation of annual management policies
Business related to investor relations (IR) and engagement with investors and analysts
Business related to planning for the issuance of investment units and related matters
Business related to the formulation, management, operation, analysis and risk management of overall portfolio operations
Business related to the management and operation of the websites of the investment corporation and the asset management company
Accounting Group
Business related accounting, financial reporting, tax filing and audit support for the investment corporation and the asset management company
Business related to preparation of disclosure documents, such as securities reports and financial reports, for the investment corporation
Business related to budget preparation and performance management for the investment corporation and the asset management company
Business related to fund management and expense settlement operations for the asset management company
Personnel & Administration Group
Business related to the operation of various meetings of the investment corporation and the asset management company
Liaison services related to communication with regulatory authorities and relevant organizations for the investment corporation and the asset management company
General affairs, administrative operations, IT system management and other related tasks for the asset management company
Business related to the planning and development of personnel systems and organizational structures for the asset management company
Compliance Office
Business related to the formulation of compliance (legal and regulatory) policies, development of compliance frameworks, as well as their supervision and training
Business related to the management of corporate information, personal information and confidential information
Business related to internal audits and operational inspections
Business related to complaint and dispute handling
Strategic Planning Office
Support and advisory services for each department and management meetings for strategic business operations
Tasks related to special assignments based on the intentions of the President & CEO and the management team
Planning and proposing new business initiatives
Research and analysis of the hotel market, tourism industry, REITs, finance and investment markets
Formulation of policies, targets and action plans related to ESG