Stable Management Strategy
Establish long-term lease relations
In principle, Nippon Healthcare Investment Corporation targets properties with remaining lease periods of 10 years or more at the time of acquisition for investment, upon consideration of the possibility of contract renewal.
Stabilization of earnings through fixed rent agreements
All lease agreements with operators for the assets under management of Nippon Healthcare Investment Corporation are fixed rent agreements.
Lease agreements with highly reliable operators
Nippon Healthcare Investment Corporation believes that all of the operators of its assets under management are highly reliable both with regard to their management track record for healthcare facilities and their creditworthiness.
||Number of managed facilities
|Number of operating rooms
|Nichii Gakkan||421||13,560||1973/8||Listed on the first section of the Tokyo Stock Exchange|
|Sompo Care Message||318||17,336||1997/5||Subsidiary of Sompo Holdings, Inc., a company listed on the first section of the Tokyo Stock Exchange|
|Wisnet||126||3,576||1998/1||Subsidiary of Sohgo Security Service Co,. Ltd., a company listed on the first section of the Tokyo Stock Exchange|
|Sompo Care Next||117||8,799||1992/11||Subsidiary of Sompo Holdings, Inc., a company listed on the first section of the Tokyo Stock Exchange|
|Sawayaka Club||69||4,128||2004/12||Subsidiary of Uchiyama Holdings Co., Ltd., a company listed on the first section of the Tokyo Stock Exchange|
|Cedar||41||2,169||1981/4||Listed on JASDAQ Standard on the Tokyo Stock Exchange|
|Charm Care Corporation||33||2,340||1984/8||Listed on JASDAQ Standard on the Tokyo Stock Exchange|
|Anabuki Medical Care||27||1,196||2009/6||Subsidiary of Anabuki Kosan Inc., a company listed on the first section of the Tokyo Stock Exchange|
|Nihon Kaigo Iryo Center||22||941||1997/10||－|
|Silver Heights Sapporo||3||321||1961/12||－|
|(Note1)||Number of managed facilities and Number of operating rooms indicate the number of facilities and the number of rooms for fee-based homes for the elderly, group homes and elderly housing with supportive services based on operators’ websites and interviews with them (as of October 31, 2016).|
Agreements with operators for contingencies
Nippon Healthcare Investment Corporation (NHI) has concluded agreements with all of the operators of its assets under management in which the main purpose is, if a lease agreement of a healthcare facility owned by NHI is cancelled, released or by any other reason terminated, or if termination is expected, and if NHI requests the operator to conduct management of the concerned healthcare facility upon concluding a new lease agreement with NHI or the trustee, that the operator will sincerely deliberate on the request (agreement on backup of management). Similar agreements will be considered to be concluded with operators of healthcare facilities to be acquired in the future as well.