Mission Statement

We believe that trust from stakeholders is most important for JHRA to grow on a long-term basis. To obtain stakeholders' trust, JHRA needs to constantly provide high added value. JHRA's added value is laid in investment management know-how unique to JHRA as hotel specialist as well as in making correct decisions in day-to-day operation. We aim to provide "attractive investment opportunity" backed by such added value as stated in our mission statement.

Aiming for long-term growth that co-exists with society and environment in harmony, we recognize that enhancement of sustainability and appropriate actions for ESG matters are important management agendas. Also, we aim to be such a company where quality people are willing to work on a long-term basis with high motivation, having high ethical standard and compliance consciousness.

Code of Conduct

We consider "Challenge" and "Teamwork" as the value which should be shared by all of us at JHRA, and based on that our code of conduct was defined as below.

Challenge

• Be a self-starter, take initiative and demonstrate drive
  Work proactively. Become a vital part of team
• Set high goal and strive
  Have broad perspective and interest beyond one's own territory, and expand potential to grow
• Respect creativity and innovation
  Prioritize own decisions over precedence, and seek progress and improvement
• Promote challenge, free from fear of failure
  Learn from failure and exploit it for future

Teamwork

• Respect teamwork and collaborate with team-mates
  Cooperate with others
  Aim to create added value through teamwork
• Respect others. Respect values and opinions of others
  Understand the value of diversity
• Promote "sharing" (idea, knowledge, information, goal, achievement, joy of achievement, lesson, etc.)
  Contribute to team by "sharing"
  Utilize internal resources to improve quality and efficiency of one's work
• Make effort for open, frank and sincere communication
  Understand the value of appropriate communication
  Communicate in a considerate and polite manner

As an independent asset management company, all, employees and officers at JHRA should have a "“spirit of challenge" aiming to constantly provide high added value. At JHRA in many cases, businesses are carried out by collaboration of multiple divisions that have different specialties. Therefore, cooperation among different divisions and people is critically important for the entire company and "teamwork" is inevitable to provide high added value. Consequently, we recognize "challenge" and "teamwork" as essential value which our code of conduct is based upon.