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Analyst Coverage

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The following is a list of analysts covering SHR.

(As of December 14, 2018)

Agency Name
SMBC Nikko Securities Inc. Hiroshi Torii / Ryo Takatsu
Goldman Sachs Japan Co., Ltd. Sachiko Okada
Nomura Securities Co., Ltd. Tomohiro Araki
Mizuho Securities Co., Ltd. Yosuke Ohata
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Toshiyuki Anegawa / Yasuhiro Ishii

* Agencies are listed in order of Japanese syllabary; honorifics omitted


The above list is based on the information available to Sekisui House Reit, Inc. (“SHR”) and the asset management company of SHR, Sekisui House Asset Management, Ltd. (“SHAM”), at the time of its publication. Consequently, the list may not be comprehensive or the information may be outdated. Further, please note that SHR and SHAM do not in any way endorse or support the listed analysts.
The analysis and forecasts made by the analysts regarding the business and performance of SHR are completely based on their independent judgment and neither SHR nor SHAM participates in the process of their analysis. SHR and SHAM neither endorse nor guarantee the analysis, forecasts or opinions of the analysts.
The purpose of this list is to provide the information on analysts who make analyses and forecasts on the business and performance of SHR, and is not intended to make any solicitation or recommendation for investment or trades of our investment units. Furthermore, please be reminded that any investment decisions ultimately must be made based on your own decision and at your own responsibility.

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