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Companies

Japan Excellent,Inc.

Latest Tokyo Brief coverage on Japan Excellent,Inc., tracking filings, financial news, and market signals from Japan.

Code
8987
Exchange
TSE
Coverage
2 articles

Latest coverage

TSE:8987

  1. Japan Excellent REIT Agrees to Sell Tokyo and Sapporo Office Buildings as Debt Coverage Tightens

    The Tokyo office REIT signed August 21 deals to sell an Odaiba tower for ¥10.7bn and a Sapporo building to Kajima Construction for ¥4.8bn, as its debt-service coverage ratio falls to 8.8 times from 10.0 times the prior half-year.

  2. Japan Excellent opens room for property capex above depreciation

    Its asset manager can let portfolio-wide capital spending rise above depreciation when competitiveness or urgency warrants it, provided financial policy can absorb the move. No specific project or guidance change came with the rule revision.