JRF understands both that the creation of societal value and that the health and well-being of our tenant employees are important goals. Through improvements to the resilience of buildings and social contribution activities, such as providing disaster prevention measures and community spaces, we aim to strengthen and improve our links with local communities. 
As far as the international community is concerned, we provide support to Japan for UNHCR (United Nations High Commissioner for Refugees), which is the official Japanese support organization for the UNHCR. 

Creating a Positive Impact

Reopening of the Oyama Yuen Harvest Walk Shopping Center

JRF reopened the Oyama Yuen Harvest Walk shopping center, one of its properties located in Oyama, Tochigi Prefecture, in October 2017 after renovations.


・JRF implemented environmentally friendly initiatives such as planting local native species, carrying out greening of sidewalks, implementing measures against rainwater, etc.
・This renewal provided a community venue for residents in living near the commercial facility and strengthened club activities for local high schools and universities, as well as heightening responses to disasters.
・The parking lot was renovated with a new outdoor square. We added facilities to make this square more of a communal place by incorporating a playground that utilizes prefectural timber and increasing appeal through tree planting, etc.
・We significantly changed the parking lot flow lines separate from the facility renewal, reducing congestion on the national highway.

Positive Impact

・Improvement in profitability (Economic) Consideration for the environment through greening (Environment)
・Improvement of environmental performance of facilities (Environment)
・Channeling rainwater aboveground by introducing permeable pavement and strengthening disaster-preparedness measures (Environment/Society)
・Providing community space for visitors, including local residents (Society)
・Reducing congestion on national highways by changing parking lot flow lines (Society)

This property was erected on the site of the Oyama Amusement Park, a familiar spot that was representative of the Northern Kanto region for half a century and was closed in February 2005. Oyama Yuen Harvest Walk consists of six buildings, including a home center, a York Benimaru supermarket, a promenade, and a shopping mall. The property also features 2,000 parking spaces, plus an additional 1,000 spaces for bicycles, roughly 70 medium - to large-sized stores (including specialty shops), and an eight-screen cinema complex.

Communication with Stakeholders

JRF means that its stakeholders cover a wide range of roles, from investors, lenders and bondholders, to tenants making use of its properties and service providers related to property management (PM) and building management (BM), to members of the surrounding community, and to various government administrations.
We believe that it is our mission to build long-lasting relationships with this wide variety of stakeholders and to continue sustainable management of the Group. 

IR Activities

JRF strives to explain their investment policies to individual and institutional investors in an accurate and prompt manner. In doing so, we aim to maximize our value to our investors.

For Individual Investors

JRF is fully engaged in IR activities that enable us to communicate directly with individual investors. This includes hosting briefing sessions for individual investors, participating in events aimed at individual investors, and holding explanatory meetings at securities company branch offices. We have also hosted seminars for women since fiscal 2015.

For institutional investors

JRF participates actively in investor conferences both in Japan and abroad hosted by securities companies. JRF also visits both domestic and foreign investors, as well as responds to follow-up individual interviews and meetings, as needed.

For information on the General Meeting of Unitholders, click here

JRF proactively discloses information using its websites and a broad array of communication tools (including analyst meeting materials, press releases, etc.).
In order to present JRF's stance on sustainability to stakeholders, we will continue to pro-actively disclose information through a wide range of communication tools.

Communication with Local Communities

JRF works to create important bonds with local communities by implementing disaster prevention measures and performing activities that contribute to society at every one of its wide range of properties.

Commercial Facilities that Benefit Local Communities

JRF carries out day-to-day management of its properties based on the Property Management Policy so that customers can shop safely, and is mindful of making contributions to society and local communities. 
JRF aims to provide commercial facilities that benefit local communities by strengthening the resilience or our buildings, and by having our properties operate as regional hubs for disaster prevention activities in times of disaster.

Examples of Initiatives

Abiko Shopping Plaza
Abiko Shopping Plaza

To provide peace of mind to our customers, we have added greenery to our facilities and opened up parks and other communal spaces. We also work continuously to provide safe spaces for the local community and coordinate with local events. For example, our Abiko Shopping Plaza sponsors the local summer festival, and its rooftop is opened to the public as a viewing spot during the Teganuma Fireworks Display, which is one of the largest fireworks displays in the region.
Through these efforts, we are working to create an environment where local residents see our facilities as part of their community.

In addition, we have introduced “Park & Ride Shopping” at mozo wonder city as an effort to alleviate traffic jams in the surrounding area and to be environmentally friendly. We cooperate with nearby railway companies and offer benefits to customers who visit the shopping center by train after parking in a designated parking lot.

Communication with Tenants

 JRF not only considers facility environments and tenant safety at our commercial facilities; we also work together with our tenants on initiatives focused on the global environment. Moreover, JRF actively communicates with tenants by tenant's associations and store manager's meetings. 

Activities in Times of Disaster

JRF values our connections with the local community and aim to have our properties operate as regional hubs for disaster prevention activities in times of disaster.

Examples of Initiatives

At mozo wonder city, in response to requests from employees based on a questionnaire for tenant employees, we renovated the employee's lounge and set up a powder room for employees.
mozo wonder city
mozo wonder city (Employee's lounge)
mozo wonder city
mozo wonder city (Powder room)

Working with Our Tenants to Reduce Energy Consumption and CO2 Emissions

As part of measures aimed at reducing energy consumption and CO2 emissions at our properties, we participate in events that encourage consideration of environmental issues, and focus on working together with our tenants on joint initiatives. 
In addition, since tenant understanding and cooperation is required when carrying out measures such as the installation of LED lighting, we are also working to strengthen our partnerships with both our tenants and the local community. 
Participation in the CO2 Reduction/Light-Down Campaign
mozo wonder city, Nara Family, Abiko Shopping Plaza, G-Bldg. Jiyugaoka 01, Narupark, and Oyama Yuen Harvest Walk—properties owned by JRF—all participated in the CO2 Reduction/Light-Down Campaign, which is sponsored by the Ministry of the Environment.


Movements and Campaigns, etc.

Assisting the Campaign for United Nations Refugee Support

As part of our ESG activities, JRF provides support to Japan for UNHCR (United Nations High Commissioner for Refugees), which is the official Japanese support organization for the UNHCR. More specifically, we provide vacant spaces at JRF properties free of charge to Japan for UNHCR; the organization uses these spaces for its Campaign for United Nations Refugee Support activities.

Mitsubishi Corp.-UBS Realty Inc., which is responsible for managing JRF assets, has received a letter of appreciation from the UNHCR for its support. For further details, please visit the following website:
Japan Association for UNHCR and UNICEF

For further details about UNHCR, please visit the following website:

Japan for UNHCR
Japan for UNHCR is the official Japanese support organization for those wishing to cooperate with the UN’s refugee support activities.
The UNHCR (United Nations High Commissioner for Refugees) was established in 1950 as a UN refugee support organization.
It seeks to resolve refugee problems by providing international protection and support for refugees and displaced persons who have been forced from their homelands due to conflict or persecution.
Headquartered in Geneva, Switzerland, the UNHCR carries out support activities in more than 100 countries across the world. It was awarded the Nobel Peace Prize in 1954 and 1981.
Japan for UNHCR is the official Japanese support organization for the UNHCR; it carries out public relations and fund-raising work to help support the UN’s refugee support activities.