Stable and Sound Financial Management
Our basic policy is to build a stable and sound financial foundation with the aim of maintaining and increasing income in the medium to long term and achieving growth in the size and value of the managed assets.
|Debt finance||In the case of borrowing of funds or issue of investment corporation bonds (including short-term investment corporation bonds), fund procurement is carried out with attention paid to achieving a balance between flexibility of procurement and financial stability. Specifically, consideration is given to the proportions of long-term and fixed-rate debt, staggering of the repayment dates, procurement method (borrowing or investment corporation bonds), establishment of commitment lines, and other relevant factors.|
|Loan-to-value ratio||In principle the upper limit is set at 60%, with attention paid to the maintenance of reserve funds. However, the amount may temporarily exceed 60% due to factors such as new investments or changes in asset valuation.
Note: The loan-to-value ratio refers to total interest-bearing debt as a proportion of Hulic Reit’s total assets.
|Cash management policy||The capital requirements of the portfolio are constantly monitored and accurately identified for the purpose of implementing effective and appropriate cash management.|