General Description | Advance Residence Investment Corporation

Advanced Residence Investment Corporation (Securities code: 3269) was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. The newly formed Advance Residence has the biggest residential REIT portfolio in Japan in terms of assets.

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ADR Description

Name	Advance Residence Investment Corporation
Representative	Executive Director Kenji Kousaka
Address	3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo
Administrative contact	AD Investment Management Co., Ltd. TEL: +81-3-3518-0480

History

Sept. 25, 2009	Merger agreement was signed between Advance Residence and Nippon Residential.
Nov. 30, 2009	Unitholders of both REITs approve the merger at each of its General Unitholders' Meetings.
Feb. 23, 2010	It was the last day of trading on the Tokyo Stock Exchange REIT section for both Advance Residence (Securities code: 8978) and Nippon Residential (Securities code: 8962).
Feb. 24, 2010	Both REITs de-list from the Tokyo Stock Exchange.
Mar. 1, 2010	The merger comes in to effect and the new Advance Residence is established.
Mar. 2, 2010	The new Advance Residence (Securities code: 3269) re-lists on the Tokyo Stock Exchange REIT section.

Officers

Post/Name

Resume

Executive Director
Kenji Kousaka

Apr 1988	Joined ITOCHU Corporation, assigned to Osaka Construction & Realty Department No. 2
Apr 1994	Assigned to Osaka Construction & Realty Department
Apr 1999	Assigned to Real Estate Business Development Department
Jul 2001	Appointed Deputy Manager of Osaka Construction Section No. 4, Osaka Construction & Realty Department
Oct 2002	Appointed Deputy Manager of Construction Section No. 3, Construction & Realty Department
Apr 2004	Appointed Manager of Construction Section No. 2, Construction & Realty Department and General Manager of Investment Advisory Office, Construction and Real Estate
Jun 2005	Transferred to AD Investment Management Co., Ltd. Appointed Managing Director and General Manager of Acquisition Department of AD Investment Management Co., Ltd.
Mar 2008	Appointed Executive Director of Advance Residence Investment Corporation (currently serving)
Apr 2008	Appointed President of AD Investment Management Co., Ltd. (currently serving)

Supervisory Director
Shujiro Matsuda

Jun 1964	Joined the Eisuke Ito Accounting Offices
Dec 1964	Joined the PWC Accounting Offices
Apr 1969	Opened the Shujiro Matsuda CPA Office
Jun 1969	Joined IBM Japan, Ltd.
Mar 1971	Joined Tohmatsu Awoki & Co. (presently, Deloitte Touche Tohmatsu)
May 1981	Joined Dow Chemical Japan Ltd. as Budget Management General Manager
Jul 1981	Joined Triumph International (Japan) Ltd. as Director and CFO
Nov 1984	Joined IBM Japan Ltd. as CFO
Dec 1992	Joined Molex Japan Co., Ltd. as Financial Director in charge of North Asia and CFO
Oct 1999	Joined TYO as auditor (currently serving)
Jun 2001	Appointed auditor of Kao Corporation
Mar 2005	Appointed part-time director of DREAMUSIC Inc.
Sep 2005	Appointing Audit Officer of ADR (currently serving)
Jun 2006	Appointed part-time auditor of Akebono Brake Industry Co., Ltd.

Supervisory Director
Yoshiki Oshima

Oct 1967	Passed bar exam
Apr 1970	Registered as lawyer
Apr 1978	Opened Akasaka Law Office L.P.C. (currently serving)
Sep 2005	Appointed Audit Officer of ADR

(Note)

Kenji Kousaka concurrently serves as the president of AD investment Management, the asset manager of ADR, and the executive director of ADR. This concurrent service was reported to the commissioner of the Financial Services Agency on March 5, 2008 based on Article 31-4-4 of the Financial instruments and Exchange Law, which has been revised as Article 31-4-1 due to the partial revision on the Financial Instruments and Exchange Law(Legislation No.65,2008)