Social
Communication with Stakeholders
Basic Policy
Basic Policy
Under the vision of “Support metropolitan life (live, work, and consume) in Japan from the perspective of real estate,” JMF is committed to building good long-term relationships with a wide variety of stakeholders, with a focus on the creation of social value on and around properties and the health and well-being of tenants’ employees. Specifically, by strengthening the resilience of buildings through disaster prevention measures and the provision of community spaces, as well as social contribution activities, JMF is committed to strengthening and improving connections with people locally. Furthermore, as an activity towards global society, JMF also supports Japan for UNHCR, Japan's official support window for UNHCR, the UN refugee support organization.
Communication with Stakeholders
Communication with Stakeholders
JMF 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. Furthermore, we consider our employees to be stakeholders just as important as those mentioned above.
We believe that it is our mission to build long-lasting relationships with this wide variety of stakeholders and to continue sustainable management.
Communication with Local Communities
Communication with Local Communities
JMF is working to create important bonds with local communities through social contribution activities, such as community-based renewal, and supporting for art activities of local students and strengthening the resilience of buildings, including disaster prevention measures. JMF is promoting initiatives to strengthen and improve links with the local community.
Introduction of Inclusive Play Equipment
“Mizu-no-Hiroba” (water plaza) in Higashi-Totsuka Aurora City was renovated in March 2024. As part of the renovation, we focused on the health, comfort, and convenience of people (residents) and introduced inclusive play equipment* for the first time in a commercial facility in Yokohama City, in order to meet a wide range of needs.
- Play equipment designed for everyone to enjoy together, regardless of whether they may have a disability or not
Realized community-based renewal
mozo wonder city has attracted mainly locally based tenants and uses many locally sourced materials for its store interiors. It has also carried out a community-based renewal, including mural art and event wagons created in business-academia collaboration with local universities.
Social Contribution Activities at Properties
JMF’s KAWASAKI Le FRONT holds exhibitions of art and artwork from nearby kindergartens, elementary schools, and welfare facilities for people with disabilities.
Nara Family and Nara City Regional Comprehensive Cooperation Agreement
In April 2024, Nara Family signed a comprehensive cooperation agreement with Nara City with the aim of revitalizing the region and improving public services. In addition to the current collaboration, the two parties intend to further work together to publicize the municipal government, launch projects to solve local issues, and create a greater sense of community.
Main agreements with local governments
This table can be scrolled sideways.
| Government | Property | Overview | |
|---|---|---|---|
| June, 2023 | Abiko City | Abiko Shopping Plaza | Agreement on efforts aimed at integrating relevant SDGs |
| April, 2024 | Nara City | Nara Family | Agreement on regional revitalization and improving public services |
| June, 2024 | Osaka Prefecture | Round1 Stadium Sakai Chuo Kanjyo | Agreement on nature conservation and restoration |
Initiatives through public-private partnerships
We are cooperating in public rescue and assistance and mutual help initiatives through public-private partnerships at Twin 21, located in Osaka Business Park (OBP). Based on plans for ensuring safe urban regeneration of the entire area, rules have been established for maintaining transportation during a disaster and evacuation drills have been carried out in anticipation of people being unable to return home due to a large-scale earthquake. Through participating in such initiatives, we are working with the community and the government to reduce environmental impact and increase resilience.
Communication with Tenants
Communication with Tenants
JMF operates a wide variety of properties, including retail facilities, mixed-use and office buildings, which means our tenants are also diverse. We make efforts in consideration of our tenants’ safety and the facility environment. Furthermore, we promote measures that consider the global environment as well.
Introduction of Green Leasing
JMF proposes the introduction of green leasing, the practice of voluntarily making and implementing agreements or memorandums to introduce renewable energy, in order to reduce the environmental burden of real estate by energy saving and other measures, and improve the work environment. An increasing number of tenants are becoming deeply interested in green leasing in line with society’s move towards decarbonization.
We plan to continue advancing initiatives to promote GHG emissions reduction through collaboration with tenants in promoting the introduction of green leases and other initiatives.
Properties introduced Green Leasing: Abiko Shopping Plaza, AEON MALL Tsudanuma, Makuhari Plaza, Kamishin Plaza, JMF-Bldg. Imabashi 01, etc.
Conduct tenant satisfaction surveys
A satisfaction survey of tenants of office buildings and some retail properties is conducted by an outside research organization once a year. Comprehensive decisions are made as to whether or not to accommodate requests based on the results of this survey, and the tenants are informed of any actions taken.
Collaboration with partner companies to reduce environmental im pact
JMF aims to promote environmental considerations through collaboration with tenants, PM companies and building management companies. (BM companies) recognizing that cooperation with PM companies and BM companies is essential to addressing environmental issues, JMF holds regular study sessions and meetings to discuss and share measures. In parallel, JMF is working to strengthen ommunication with tenants by providing them with proposals for environmental actions.
We include clauses on environmental initiatives in our contracts, such as Commercial Agreements with each stakeholder,confirming our commitment to cooperation.
Movements and Campaigns, etc.
Health and Well-Being
Development of Productive Work Environments
JMF is putting effort into developing better working environments for tenant employees, such as renovating the employee lounge and creating a powder room for tenant employees at mozo wonder city.
ESG Presentation
Sustainability Study Sessions
JMF holds sustainability study sessions with tenants and PM companies in order to deepen their understanding of sustainability initiatives. JMF are also working to raise sustainability awareness by introducing JMF's efforts at events conducted by commercial facility operators.
Movements and Campaigns, etc.
Movements and Campaigns, etc.
Assisting the Campaign for United Nations Refugee Support
As part of our sustainability activities, JMF 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 JMF properties free of charge to Japan for UNHCR; the organization uses these spaces for its Campaign for United Nations Refugee Support activities.
For further details, please visit the following website:
Japan Association for UNHCR and UNICEF
For further details about UNHCR, please visit the following website:
https://www.japanforunhcr.org/
Respecting Human Rights in the Supply Chain
The asset management company promotes initiatives for respect for human rights.
It conducts human rights due diligence and assesses human rights risks in the supply chain. Although having identified no current human rights risks at this time, it has put preventive measures and monitoring systems in place to address issues identified as priority issues. If any risk is identified or there is any problem, corrective measures will be implemented.
Promotion of Sustainable Procurement
The asset management company recognizes the importance of measures throughout the supply chain to realize a sustainable society. It has established the Sustainable Procurement Policy which sets out its procurement policies for all products, raw materials, other materials, and services that it procures, as well as policies on respect for human rights. Expecting all its business partners to also implement procurement activities in accordance with this Policy, it strives to realize sustainable procurement throughout the supply chain.
Sustainable Procurement Policy
More information on the Human Rights Policy, Human Rights Due Diligence, etc., can be found on the asset management company’s website
Employees
Under the provisions of the Act on Investment Trusts and Investment Corporations (Investment Trust Act), investment corporations are not able to employ employees, so our asset management is entrusted to KJR Management. For information on initiatives for employees, please visit that company's website.