About NBF

Corporate Governance

  • Governance Structure
  • Management Structure
  • Basic Compliance Principle

Governance Structure

It is stipulated that NBF should have one or more Executive Director and no more than four Supervisory Directors (provided, the number of Supervisory Directors should be the number of Executive Directors plus 1 or more). Please click here to see the composition of the Board of Directors.

NBF’s Executive Director is not at the same time an executive of NBFM, the asset management company.

The organization of NBF consists of the General Meeting of unitholders composed of unitholders, one Executive Director, three Supervisory Directors and the Board of Directors composed of all Directors, as well as Accounting Auditors.

For details of the following organization of NBF please refer to " Structure of the Investment Corporation: Matters Concerning the Governance of the Investment CorporationPDF[1.6MB]":

  • ・General Meeting of unitholders
  • ・Audit by Executive Director and Supervisory Directors, and the Board of Directors Meeting
  • ・Accounting Auditor
  • ・Internal management and audit organization, personnel and procedures of Supervisory Directors
  • ・Internal management, audit by Supervisory Directors and mutual collaboration with the Accounting Auditor
  • ・Status of establishment of management systems in affiliated companies by the Investment Corporation
Distribution Per Unit
Actual39th Period (2H/2020) 11,000yen
Forecast40th Period (1H/2021) 11,350yen
41th Period (2H/2021) 11,050yen
Portfolio Data
Number of
Asset Size(Total Acquisition Price)
(Contract base)
1,367.5billion yen
As of Mar. 25, 2021
Occupancy Rate 97.6%
As of Feb. 28, 2021
Financial Data
39th Period(Second-Half 2020)

Investor Meeting(webcast)