Kenji Akimoto Executive Director, Hoshino Resorts REIT, Inc. President & CEO, Hoshino Resort Asset Management Co., Ltd. PLAY LIST from the beginning 8th Fiscal Period(ended April 2017)Presentation Table of contents I. Management Results for the Fiscal Period Ended April 2017 Highlights Overview of public offering Improvement in unitholder value by expansion of asset size Overview of new property acquisition (9th fiscal period) Overview of new property acquisition (8th fiscal period) Status of portfolio (1) Status of portfolio (2) Internal growth (1): Management results highlights Internal growth (2): Capital expenditures for maintaining and enhancing asset value and competitiveness of the portfolio Internal growth (3): Start of operation of sponsor's Finances (1) Finances (2) II. Operational Results for Each Property Operational results for each property (1) Operational results for each property (2) Operational results for each property (3) Operational results for each property (4) Forecasts for 9th fiscal period ending October 2017 and 10th fiscal period ending April 2018 (1) Forecasts for 9th fiscal period ending October 2017 and 10th fiscal period ending April 2018 (2) Rent type (1) Rent type (2) III. Future Management Policy Management policy Realization of stable distribution Market trend and strategy for differentiation External growth Facilities (planned to be) operated by the Hoshino Resorts Group (1) Facilities (planned to be) operated by the Hoshino Resorts Group (2) Internal growth Measures for internal growth and their effect IV. Appendix(Slide only) Operational results for each property (1) Operational results for each property (2) Operational results for each property (3) Operational results for each property (4) Operational results for each property (5) Operational results for each property (6) Operational results for each property (7) Operational results for each property (8) Balance sheet for the fiscal period ended April 2017 Statement of income for the fiscal period ended April 2017 Real estate appraisal value for continuously owned properties as of the end of the fiscal period ended April 2017 (1) Real estate appraisal value for continuously owned properties as of the end of the fiscal period ended April 2017 (2) Real estate appraisal value for continuously owned properties as of the end of the fiscal period ended April 2017 (3) Information on unitholders as of the end of the fiscal period ended April 2017 Overview of HRR Overview of Asset Management Company Disclaimer Back Next