Mori Trust Co., Ltd.
Long-term issuer rating upgraded to “AA”
Domestic CP rating remains unchanged at the highest level “J-1+” ……
Mori Trust Holdings Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Akira Mori) has received an upgrade to its long-term issuer rating from Japan Credit Rating Agency, Ltd. (JCR) to AA. We would like to inform you. Furthermore, we have decided to leave the domestic CP rating unchanged at the highest level, “J-1+.” Mori Trust Holdings Co., Ltd. is the 100% parent company of Mori Trust Co., Ltd. (Head office: Minato-ku, Tokyo; President and Representative Director: Miwako Date).
[Image 1: https://prtimes.jp/i/18049/262/resize/d18049-262-af6cab7fe851ba9a7fa1-1.png&s3=18049-262-e57e6bce0c8b66e7d92b45ce4342850b-830×350.png ]
Mori Trust Group Logo
Rating summary
[Table 2: https://prtimes.jp/data/corp/18049/table/262_1_a814898f1325dbeba300080b45336a0e.jpg] For details on the reasons for the full rating, please refer to the Japan Credit Rating Agency website (http://www.jcr.co.jp/).
Mori Trust Holdings Co., Ltd. Company Profile
Mori Trust Holdings Co., Ltd. is the 100% parent company of Mori Trust Co., Ltd., and handles business management and group finance for group companies. In addition, we are responsible for the main operations of the management departments (accounting, general affairs, human resources, etc.) of group companies, with the aim of strengthening the governance of group management, promoting initiatives for common management issues of the group, and improving operational efficiency. Mori Trust Co., Ltd. Company Profile https://www.mori-trust.co.jp/ Mori Trust Co., Ltd. is a comprehensive real estate developer that handles large-scale mixed-use developments in urban centers in Japan as well as hotel and resort businesses nationwide. The three main businesses of “real estate business,” “hotel & resort business,” and “investment business (domestic and overseas)” operate 64 buildings, residential buildings, and commercial facilities in Japan and overseas, and 35 hotel and resort facilities (by March 2024). As of May).
Our company will promote projects that increase Japan’s international competitiveness through urban development and hotel development that preserves and utilizes historical buildings that serve as tourism resources.
Mori Trust Group Main ongoing projects
Tokyo World Gate Akasaka
First phase completion: August 2024
/2nd phase completion: Scheduled for October 2025
[Image 2: https://prtimes.jp/i/18049/262/resize/d18049-262-05da617682be27330198-2.jpg&s3=18049-262-7180d6c59b42692549e04465dcdbf1ff-506×338.jpg] Tokyo World Gate Akasaka
Mampei Hotel (under major renovation/renovation)
Soft opening on August 16, 2024 (advance opening)
/Scheduled to fully open in fall 2024
[Image 3: https://prtimes.jp/i/18049/262/resize/d18049-262-5e938a5a86ee620da6eb-2.jpg&s3=18049-262-4aa1b332c3ad13eb77e360459e9687b5-3375×2387.jpg] Mampei Hotel
Hotel Indigo Nagasaki Glover Street
Scheduled to open in winter 2024-2025
[Image 4: https://prtimes.jp/i/18049/262/resize/d18049-262-d436f172ad6912808960-2.jpg&s3=18049-262-510d971f6efb6cefe0be97df7e619830-2933×1650.jpg] Hotel Indigo Nagasaki Glover Street
This article has been partially generated with the assistance of AI.