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 the strong support and rating of ratings agencies with from Moody's Investors Service, Inc. (Moody's) and Rating and Investment Information, Inc. (R&I) reaffirming 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	¥3,000 million	1.24875%	11/14/07	11/15/10	Non-collateralized Non-guaranteed
The Bank of Tokyo Mitsubishi UFJ, Ltd.	¥1,700 million	1.14625%	02/07/08	02/07/11	Non-collateralized Non-guaranteed
Mitsui Sumitomo Insurance Co., Ltd.	¥1,000 million	1.43000%	09/29/08	09/30/11	Non-collateralized Non-guaranteed
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

 

Total Unitholders’ Equity

 

As of March 25, 2010

Unitholders' equity	87,446,543,000 yen
Authorized units	2,000,000 units
Total outstanding units	131,300 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

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

 

Top Ten Shareholders

 

As of January 31, 2010

Name	Address	No. of Units Owned	Ratio of Outstanding Units (%)
Japan Trustee Services Bank, Ltd. (Trust Account)	1-8-11 Harumi, Chuo-ku, Tokyo	13,572	11.09
Trust & Custody Services Bank, Ltd.(Securities Investment Trust Account)	Harumi Island Triton Square Office TowerZ,1-8-12 Harumi, Chuo-ku, Tokyo	13,469	11.01
NikkoCiti Trust and Banking Corporation (Investment Trust Account)	2-3-14 Higashi-Shinagawa, Shinagawa-ku, Tokyo	9,923	8.11
The Nomura Trust and Banking Co., Ltd. (Investment Trust Account)	2-2-2 Otemachi, Chiyoda-ku, Tokyo	8,861	7.24
The Master Trust Bank of Japan, Ltd.(Trust Account)	2-11-3 Hamamatsu-cho, Minato-ku, Tokyo	7,081	5.78
The Bank of New York, Treaty JASDEC Account	Avenue des Arts, 35 Kunstlaan, 1040 Brussels, Belgium	4,022	3.28
North Pacific Bank Co., Ltd.	3-11 Odorinishi, Chuo-ku, Sapporo, Hokkaido	3,205	2.62
American Life Insurance Company GAL	1-1-3 Marunouchi, Chiyoda-ku, Tokyo	2,800	2.28
The National Mutual Insurance Federation of Agricultural Cooperatives	2-7-9 Hirakawacho, Chiyoda-ku, Tokyo	2,557	2.09
Trust & Custody Services Bank, Ltd. (Money Trust Account, Taxable)	Harumi Island Triton Square Office TowerZ,1-8-12 Harumi, Chuo-ku, Tokyo	1,438	1.17