Sumitomo Mitsui DS Asset Management Submits Shareholder Proposal to J.S.B.
June 24, 2022 at 12:00 am EDT
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On June 24, 2022, Sumitomo Mitsui DS Asset Management Company, Limited announced that it has submitted a notification with the purpose of perform important proposing acts according to the situation, engagement based on strong relationships of trust with investee Companies, and aim to increase the corporate value of investee Companies in accordance with the spirit of the Japanese version of Stewardship Code.
J.S.B. Co., Ltd. is a Japan-based company mainly engaged in real estate leasing management business, elderly housing business and other businesses. The Company operates two business segments. The Real Estate Rental Management segment is mainly engaged in planning and development, rental and management of real estate such as apartment for students. The Elderly Housing segment is mainly engaged in elderly housing rental and nursing care business. other businesses include student support services, Japanese language school business and the sale of real estate business.