Mitsui Fudosan Accommodations Fund Management

Human Resource Development

The Company takes various measures to foster human resources having a high level of expertise, deep knowledge and ethical values.

Support for Acquisition of Qualification

The Company offers subsidies to its employees to help them acquire qualifications required for operations in order to develop their capabilities of asset management. The table below shows the number of qualification holders at the Company.

(as of the end of March 2022)
Qualifications, etc. No. of holders (*)
ARES (The Association for Real Estate Securitization) certified master 12
Real estate broker 18
First-class registered architect 1
Second-class registered architect 2
Interior coordinator 3
Licensed representative of condominium management company 5
Licensed strata management consultant 3
First-class building operation and management engineer 2
Condominium renovation manager 1
First-class renovation stylist 1
Certified property manager 6
Condominium maintenance and repair technician 1
Real estate Consulting Master 2
Urban Renewal Planner 1
DIY Adviser 2
Certified tax accountant 1
Chartered member of The Securities Analysts Association of Japan 2
ECO kentei 5
Information Security Management Examination 1
Career consultant 1
Housing Environment Coordinator 2
  • Represents the sum total of the qualification holders among full-time employees, contract employees and employees seconded from other companies, excluding officers.

Support for Education and Training

The Company encourages and supports its employees to participate in a variety of internal and external education and training sessions, etc. as part of the efforts to foster their capabilities.

Fiscal year Annual total of hours spent for education and training (*1) Hours spent for education and training per employee (*2)
Fiscal 2021 283.6 hours 11.8 hours/year
Fiscal 2020 230.3 hours 9.6 hours/year
Fiscal 2019 279.2 hours 12.1 hours/year
Fiscal 2018 215.8 hours 8.6 hours/year
Fiscal 2017 206.5 hours 8.6 hours/year
Fiscal 2016 100.4 hours 4.0 hours/year
Fiscal 2015 42.2 hours 1.7 hours/year
  • Hours spent for education and training, etc. for full-time employees, contract employees and employees seconded from other companies, excluding officers.
  • Calculated by dividing the total hours spent for education and training in each fiscal year by the number of employees (full-time employees, contract employees and employees seconded from other companies) enrolled as of the end of each fiscal year, excluding officers.

Interviews for Setting Objectives of Individual Employees

The Company arranges interviews with its employees at the beginning (for setting their objectives), the middle (for checking progress and giving advices) and the end (for confirming the progress results) of the fiscal year. This has enabled the Company to establish a transparent system for setting objectives and confirming the progress results through good communication between supervisors and their subordinates. Through the interviews, the supervisors also provide advice elaborately to the subordinates regarding the latter's career development and issues to tackle on operations, among other matters.

Performance Evaluation

The Company has adopted a performance evaluation system under which it evaluates the implementation of tasks by employees in terms of their performance and capabilities, from a multi-faceted perspective including their endeavors on sustainability.
To help employees improve their capabilities, the Company provides them each year with feedback on their evaluation, thoroughly focusing on informing them of the details in an accurate and specific manner.

Leveraging the Expert Abilities of External Human Resources from the Sponsors, etc.

The Company takes in human resources with high expertise from its sponsors and other sources, leverages their expert abilities and strives to realize sophisticated asset management operations. The number of human resources taken in from the sponsor and other sources is as follows.

(as of the end of March 2022, including officers)
Company name No. of people
Mitsui Fudosan Co., Ltd. 7
Mitsui Fudosan Residential Lease Co., Ltd. 2
Sumitomo Mitsui Banking Corporation 1
RWA Accounting Holdings Co., Ltd. 1
Total 11

Privacy Policy

Mitsui Fudosan Accommodations Fund Management Co., Ltd.

Mitsui Fudosan Accommodations Fund Management Co., Ltd. (the "Company") recognizes the importance of protecting personal information and specific personal information, etc. (where "specific personal information, etc." as used herein shall refer collectively to Individual Numbers and specific personal information), and has established and implements the following privacy policy with respect to the handling of personal information and specific personal information, etc. that the Company collects, retains and manages in exercising its asset management duties on behalf of Nippon Accommodations Fund Inc. ("NAF"). The Company has also established and implements rules on how the protection of personal information and specific personal information, etc. is handled. The Company periodically revises the content of the privacy policy and the rules noted above whenever necessary.

1．Compliance with Relevant Laws and Ordinances

The Company strives to protect personal information and specific personal information, etc. by abiding by the "Act on the Protection of Personal Information" (the "Personal Information Protection Act"), the "Act on the Use of Numbers to Identify a Specific Individual in the Administrative Procedure" (the "My Number Act") and other relevant laws and ordinances, as well as the "Guidelines for Personal Information Protection in the Financial Field" (the "Guidelines in Financial Field") and "Guidelines for proper handling of Specific Personal Information (for private entities)," etc., (referred collectively as "Laws and Ordinances, etc.") in the handling of personal information and specific personal information, etc.

2．Collection of Personal Information and Specific Personal Information, etc.

The Company collects personal information and specific personal information, etc. through legal and appropriate means to the extent necessary to perform its services. Moreover, the Company shall not collect special care-required personal information without consent from the individual except in cases required by laws and ordinances, nor shall the Company collect sensitive information (as defined in the Guidelines in Financial Field) except in cases stipulated in the Guidelines in Financial Field.

3．Purpose of Use of Personal Information and Specific Personal Information, etc.

The Company uses specific personal information, etc., only to the extent provided by laws and ordinances. In addition, other than these, any personal information collected by the Company are used, only for the following purposes. As for sensitive information, it shall not be used except in cases stipulated in the Guidelines in Financial Field.

  1. To enforce the rights of those who own securities issued by NAF, to fulfill the obligations of NAF and to carry out measures to ensure a smooth relationship among NAF and its investors;
  2. To prepare and file various reports and documents of NAF in accordance with the Investment Trust and Investment Corporation Act, the Companies Act and other relevant laws and, to manage the information of NAF's investors;
  3. To respond to inquiries concerning the bonds, additional investment units and securities issued by NAF;
  4. To carry out operations related to the acquisition, transfer and leasing of assets by NAF and the management of real estate;
  5. To carry out general affairs the Company is responsible for or to carry out operations incidental or related to (1) through (4) above; and
  6. To provide personal information to a third party within the scope necessary to fulfill the purpose of use indicated in (1) through (5) above.

4．Provision of Personal Data and Specific Personal Information to Third Parties

Unless otherwise provided by the My Number Act, etc., the Company will not provide specific personal information to a third party, regardless of whether or not the consent of the individual has been obtained. In addition, other than these, the Company may provide personal information to a third party, only in the following cases. As for sensitive information, it shall not be provided to third parties except in cases stipulated in the Guidelines in Financial Field.

  1. In cases of the provision to a third party within the scope of the purpose of use as set forth in the preceding paragraph "3. Purpose of Use of Personal Information and Specific Personal Information, etc."; and
  2. Other cases where the provision is permitted under the Act on the Protection of Personal Information.

5．Disclosure Requests, etc.

The Company strives to respond swiftly and appropriately when a request for notification of purpose of use is made or when asked to disclose, modify, add, delete, suspend using, erase, or discontinue the provision to third parties the retained personal data (including retained personal data pertaining to specific personal information) of an individual after verifying that the request is from the individual himself/herself.

6．Security Measures

The Company has implemented the following measures in accordance with the relevant Laws and Ordinances, etc., to ensure the security of personal data and specific personal information, etc., such as prevention of leakage, loss or damage.

  1. Establishment of rules for the handling of personal information
    The Company has established internal rules that specify the methods of handling personal information, responsible persons/persons in charge, their duties, etc.
  2. Organizational security measures
    The Company has appointed a Chief Information Officer to be responsible for the handling of personal information, and formulates a personal information protection plan each fiscal year to implement, evaluate and improve security measures.
    In addition, it ensures that its employees (including contract employees and temporary employees) comply with its internal rules regarding security measures, and has established a system for reporting to and informing the responsible person if they become aware of any facts or signs of violations of laws or internal rules.
  3. Personnel security measures
    The Company provides its employees with education and training on the proper handling of personal information.
  4. Physical and technical security measures
    In the areas where personal information is handled, the Company controls employee access and locks all devices containing personal information.
    In addition, it has implemented access control measures for personal information and the information systems that handle personal information as well as measures against unauthorized software, monitoring of information systems, etc. (e.g., restricting access to file servers, etc., implementing firewalls in the Internet connection environment and obtaining and analyzing operation history).
  5. Understanding of the external environment
    The Company stores the customers’ personal information in its possession in Japan.

7．Inquiries Regarding Personal Information and Specific Personal Information, etc.

The contact information for inquiries related to the Company's handling of personal information and specific personal information, etc., requests for notification of purpose of use, disclosure, correction, addition, deletion, suspension of use, erasure, or discontinuation of the provision to third parties concerning the retained personal data (including retained personal data pertaining to specific personal information) and complaints, etc., is provided below. The Company will respond as quickly as possible and in good faith to complaints and consultations regarding personal information and specific personal information, etc.

Mitsui Fudosan Accommodations Fund Management Co., Ltd.
1-4-1, Nihonbashi, Chuo-ku, Tokyo 103-0027
Tel : 03-3246-3677
(9 a.m. - 5 p.m. (excluding weekends, holidays and scheduled non-working days))

The Company is also a member of the Investment Trusts Association, Japan (JITA), which is a personal information protection organization authorized under the Act on the Protection of Personal Information. JITA accepts complaints and provides consultation concerning its members' handling of personal information.

JITA Investor Advisory Office
Tel : 03-5614-8440

8．Revisions

The Company may revise this privacy policy from time to time in order to ensure the protection of personal information and specific personal information, etc., and to conform to changes in laws and ordinances. Please confirm the date of the last revision provided below.

Enacted ： July 31, 2006
Latest revision ： March 31, 2022

Terms of Use

1. Intellectual Property Rights

The copyrights and intellectual property rights to all contents (information, trademarks, designs, etc.) on this website shall belong to Mitsui Fudosan Accommodations Fund Management Co., Ltd. ("the Company") or the respective right-holder(s). Therefore, unauthorized reproduction, use, duplication, distribution or alteration of the content contained in this website is prohibited.

2. Disclaimer

The Company accepts no liability for any problems, losses and damages that may arise from actions taken or not taken due to judgments made based on the information contained in this website. Moreover, the Company accepts no liability for any damages that may result from unauthorized alteration of the text, leakage of textual content, fraudulent use by third parties and any other incidents involving the information contained in this website. Note that the operation of this website may be suspended or terminated and the contents contained in this website may be modified at any time without a prior notice. The Company accepts no liability for any problems, losses and damages that may result from such suspension, termination and modification.

3. Links

Some links and banners on this website take users to other websites that are not operated by the Company. The Company accepts no liability or responsibility with respect to the contents contained in those websites.

4. Recommended Browsers

Using Internet Explorer 5.5+ or Netscape Navigator 6.0+ is recommended in viewing this website. Please use the latest Flash plug-ins.

5. Forward-Looking Statements

The information contained in this website may include forward-looking statements regarding the Company's future financial position and business performance. Such forward-looking statements are subject to certain risks and uncertainties, and website users are advised that actual results may differ from such statements due to changes in the business environment and other factors in the future.

6. Applicable Laws and Court of Jurisdiction

The laws of Japan shall apply to the use of this website and the interpretation and the application of the Terms of Use. The Tokyo District Court shall have exclusive jurisdiction over any disputes related to this website.

Inuiries

Inquiries to Mitsui Fudosan Accommodations Fund Management Co., Ltd.
Tel 03-3246-3677 (main line)
Hours 9 a.m. - 5 p.m. (excluding weekends, holidays and scheduled non-working days)