|Establishment of “Internal Control System Improvement Room”|
|ES-CON ASSET MANAGEMENT strives to provide accurate, fair, highly transparent and objective information to investors in a prompt manner and give maximum consideration to the protection of the assets of investors, as well as execute business with an awareness of its responsibility of protecting investors and forming a fair real estate investment market. On top of that, it positions compliance as the most important issue of management and requires of its officers and employees an awareness of their responsibility as experts of investment management and constant compliance with their duties of loyalty and diligence.
We newly established the “Internal Control System Improvement Room” in the Compliance Department on June 1, 2020, understanding the importance that is the act of managing the funds of unitholders in ESCON REIT’s asset management business and establishing an appropriate management system. We strive to strengthen the internal control system including the prevention system for conflict-of-interest transactions, which may occur at the time of transactions with interested parties, towards future business expansion based on the recognition that the Asset Management Company is an asset management company of ESCON JAPAN Group and ESCON JAPAN REIT is a REIT that conducts many transactions with interested parties, which is our robust business model, and operates high-quality real estate developed by ESCON Group while entrusting leasing and management to group companies.