Financial Information

The following data provides an overview on our borrowings, equity capital, investors and the like. Japan Logistics Fund, Inc (JLF) continues to enjoy strong supports and ratings from the rating agencies; Moody's Investors Service, Inc. (Moody's) and Rating and Investment Information, Inc. (R&I) maintained an issuer rating of A1 and AA, respectively, in 2010.

 

Debt Financing

Long-term loans

Lender	Amount	Interest Rate (annual)	Start of Loan	Maturity of Loan	Description
Sumitomo Mitsui Banking Corporation	¥5,000 million	1.79125%	02/25/09	02/25/14	Non-collateralized Non-guaranteed
The Bank of Tokyo Mitsubishi UFJ, Ltd.	¥4,500 million	1.34625%	02/25/09	02/27/12	Non-collateralized Non-guaranteed
Mitsubishi UFJ Trust Bank, Ltd.	¥2,000 million	1.34625%	02/25/09	02/27/12	Non-collateralized Non-guaranteed
Development Bank of Japan	¥4,000 million	1.54200%	03/09/09	03/11/13	Non-collateralized Non-guaranteed
Sumitomo Mitsui Banking Corporation	¥5,000 million	1.87625%	09/17/09	09/17/14	Non-collateralized Non-guaranteed
Mizuho Corporate Bank, Ltd.	¥4,000 million	1.54375%	09/17/09	09/18/12	Non-collateralized Non-guaranteed
Mitsubishi UFJ Trust Bank, Ltd.	¥2,000 million	0.45000% (1/31/12~2/29/12)	11/30/10	11/29/13	Non-collateralized Non-guaranteed
The Bank of Tokyo Mitsubishi UFJ, Ltd.	¥1,700 million	1.15500%	02/07/11	02/08/16	Non-collateralized Non-guaranteed
Mitsui Sumitomo Insurance Co., Ltd.	¥1,000 million	1.06375%	09/30/11	09/30/16	Non-collateralized Non-guaranteed

 

Investment Corporation Bond

Bond Name	Amount	Interest Rate (annual)	Issuance Date	Redemption Date	Description
#1st Unsecured Investment Corporation Bond	¥8,000 million	0.95000%	11/29/10	11/27/15	Non-collateralized Non-guaranteed

 

Total Unitholders’ Equity

 

As of July 31, 2011

Unitholders' equity	97,559,929,400 yen
Authorized units	2,000,000 units
Total outstanding units	148,000 units

 

Increase in outstanding units over past five years

Date	Total Unitholders' Equity	Outstanding Units
February 22, 2005 (Note)	500,000,000 yen	1,000 units
May 6, 2005	30,062,775,000 yen	56,700 units
June 1, 2005	31,548,875,000 yen	59,500 units
February 8, 2006	67,217,630,000 yen	106,000 units
March 8, 2006	69,365,426,000 yen	108,800 units
August 31, 2007	82,021,487,000 yen	122,300 units
February 23, 2010	87,145,151,000 yen	130,800 units
March 25, 2010	87,446,543,000 yen	131,300 units
August 30, 2010	97,136,015,000 yen	147,300 units
September 24, 2010	97,559,929,400 yen	148,000 units

(Note) Japan Logistics Fund was established on February 22, 2005.

 

Top Ten Shareholders

 

As of July 31, 2011

Name	Address	No. of Units Owned	Ratio of Outstanding Units (%)
Japan Trustee Services Bank, Ltd. (Trust Account)	1-8-11 Harumi, Chuo-ku, Tokyo	23,551	15.91
The Nomura Trust and Banking Co., Ltd. (Investment Trust Account)	2-2-2 Otemachi, Chiyoda-ku, Tokyo	15,689	10.60
Trust & Custody Services Bank, Ltd.(Securities Investment Trust Account)	Harumi Island Triton Square Office TowerZ,1-8-12 Harumi, Chuo-ku, Tokyo	14,509	9.80
The Master Trust Bank of Japan, Ltd.(Trust Account)	2-11-3 Hamamatsu-cho, Minato-ku, Tokyo	6,547	4.42
Nomura Bank Luxemburg S.A.	Batiment A, 33, Rue de Gasperich, L-5826, Luxembourg	4,247	2.86
North Pacific Bank Co., Ltd.	3-7 Odorinishi, Chuo-ku, Sapporo, Hokkaido	3,205	2.16
American Life Insurance Company JPY	4-1-3 Taihei, Sumida-ku, Tokyo	3,097	2.09
The Chugoku Bank, Ltd.	1-15-20, Marunouchi, Kita-ku, Okayama	2,787	1.88
The National Mutual Insurance Federation of Agricultural Cooperatives	2-7-9 Hirakawacho, Chiyoda-ku, Tokyo	2,557	1.72
State Street Bank and Trust Company	P.O. Box 351 Boston Massachusetts 02101, U.S.A.	2,252	1.52