Nippon Building Fund Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Daisuke Yamashita

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1.6yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO

Daisuke Yamashita

less than a year

Tenure

Daisuke Yamashita serves as Auditor of Mitsui Home Co., Ltd. and served as its Executive Officer. Daisuke Yamashita is President & CEO of Nippon Building Fund Management, Ltd an Asset Management Company of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daisuke Yamashita	President & CEO of Nippon Building Fund Management	less than a year	no data	no data
Hideki Shuto	Head of Investment & Finance Group of Nippon Building Fund Management Ltd.	3.1yrs	no data	no data
Hiroshi Nakami	General Manager of Operations Headquarters - Nippon Building Fund Management Ltd	less than a year	no data	no data
Koichi Nishiyama	Executive Director	5.2yrs	no data	no data

1.6yrs

Average Tenure

Experienced Management: 8951's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Koichi Nishiyama	Executive Director	5.2yrs	no data	no data
Masaki Okada	Supervisory Director	3.2yrs	no data	no data
Keiko Hayashi	Supervisory Director	3.2yrs	no data	no data
Kazuhisa Kobayashi	Supervisory Director	1.2yrs	no data	no data

3.2yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 8951's board of directors are considered experienced (3.2 years average tenure).

Nippon Building Fund Management

Management criteria checks 1/4

Key information

Recent management updates

Nippon Building Fund Inc Announces Eiichiro Onozawa Resigns as Substitute Executive Director, As of March 31, 2024

Nippon Building Fund Inc. Announces the Retirement of Tetsuya Saito as Full-Time Director, Effective as of March 31, 2024

No independent directors

No independent directors

No independent directors

Nippon Building Fund Incorporation Announces Retirement of Yoshiyuki Tanabe as Director, Effective March 31, 2022

Recent updates

New major risk - Revenue and earnings growth

Nippon Building Fund Inc Announces Eiichiro Onozawa Resigns as Substitute Executive Director, As of March 31, 2024

Nippon Building Fund Inc. Announces the Retirement of Tetsuya Saito as Full-Time Director, Effective as of March 31, 2024

First half dividend of JP¥12,500 announced

Nippon Building Fund Inc. to Report Fiscal Year 2023 Results on Feb 15, 2024

Nippon Building Fund Inc. Revises Earnings Guidance for the Fiscal Periods Ending June 30, 2024

Upcoming dividend of JP¥11,500 per share at 3.8% yield

Nippon Building Fund Incorporation (TSE:8951) agreed to acquire Yodoyabashi Flex Tower from Global One Real Estate Investment Corp. (TSE:8958) for ¥9.8 billion.

Nippon Building Fund Incorporation (TSE:8951) acquired additional 2.6% stake in Nishi-Shinjuku Mitsui Building on ¥120 million.

New major risk - Dividend sustainability

Full year 2023 earnings released: EPS: JP¥23,294 (vs JP¥28,170 in FY 2022)

Nippon Building Fund Incorporation to Report First Half, 2023 Results on Aug 15, 2023

Upcoming dividend of JP¥11,500 per share at 4.1% yield

No independent directors

First half 2023 earnings released: EPS: JP¥11,927 (vs JP¥13,148 in 1H 2022)

Nippon Building Fund Incorporation Provides Distribution Guidance for Period Ending December 31, 2022

Nippon Building Fund Incorporation to Report Second Half, 2022 Results on Feb 15, 2023

Upcoming dividend of JP¥11,500 per share

No independent directors

SMFL MIRAI Partners Company, Limited agreed to acquire 50% stake in Shin-Kawasaki Mitsui Building from Nippon Building Fund Incorporation (TSE:8951) for ¥24 billion.

Full year 2022 earnings released: EPS: JP¥28,129 (vs JP¥24,561 in FY 2021)

Nippon Building Fund Incorporation to Report First Half, 2022 Results on Aug 15, 2022

Upcoming dividend of JP¥13,000 per share

No independent directors

Nippon Building Fund Incorporation Announces Retirement of Yoshiyuki Tanabe as Director, Effective March 31, 2022

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Nippon Building Fund Incorporation Provides Distribution Guidance for Period Ending June 30, 2021

Nippon Building Fund Incorporation Provides Earnings Guidance for the Period Ending June 30,2022 and December 31, 2022

Nippon Building Fund Incorporation to Report Fiscal Year 2021 Results on Feb 15, 2022

An unknown buyer agreed to acquire NBF Niigata Telecom Building from Nippon Building Fund Incorporation (TSE:8951) for approximately 4000.

Upcoming dividend of JP¥11,500 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Nippon Building Fund Incorporation (TSE:8951) acquired additional 15% stake in Yokohama ST Building from Toda Corporation (TSE:1860) for ¥3.2 billion.

An unknown buyer agreed to acquire Nakanosakaue Sunbright Twin, Sun Mullion NBF Tower and NBF Unix Bldg from Nippon Building Fund Incorporation (TSE:8951) for ¥59.3 billion.

Nippon Building Fund Incorporation (TSE:8951) signed an contract to acquire Iidabashi Grand Bloom from Mitsui Fudosan Co., Ltd. (TSE:8801) for ¥77.6 billion.

Upcoming dividend of JP¥11,350 per share

First half 2021 earnings released: EPS JP¥11,524 (vs JP¥11,011 in 1H 2020)

First half 2021 earnings released: EPS JP¥11,524 (vs JP¥11,011 in 1H 2020)

New 90-day high: JP¥633,000

Nippon Building Fund Incorporation, Annual General Meeting, Mar 09, 2021

New 90-day high: JP¥604,000

Nippon Building Fund Incorporation and Nippon Building Fund Management Ltd. to Lease Shinjuku Mitsui Building to Mitsui Fudosan Co., Ltd

Nippon Building Fund Incorporation (TSE:8951) agreed to acquire additional 8.62% stake in NBF Ogawamachi Building from multiple individuals for ¥480 million.

Nippon Building Fund Incorporation (TSE:8951) agreed to acquire Shinjuku Mitsui Building and Gran Tokyo South Tower from Mitsui Fudosan Co., Ltd. (TSE:8801) for ¥220 billion.

Nippon Building Fund Incorporation (TSE:8951) entered into agreement to acquire Osaki Bright Tower and two other properties from Mitsui Fudosan Co., Ltd. (TSE:8801) for ¥40.22 billion.

Tosei Corporation (TSE:8923) signed a contract to acquire NBF Shinkawa Building from Nippon Building Fund Incorporation (TSE:8951) for ¥11.9 billion.

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age