Frontier Real Estate Investment Corporation

Code 8964

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Unitholders' Equity

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Principal Unitholders

Principal unitholders as of June 30, 2017 are as follows.

Name Number of Investment Units Held (units) Percentage of Units Issued and Outstanding
Japan Trustee Services Bank, Ltd. (Trust Account) 114,258 23.0%
The Master Trust Bank of Japan, Ltd. (Trust Account) 48,152 9.7%
Trust & Custody Services Bank, Ltd. (Securities Investment Trust Account) 31,951 6.4%
Mitsui Fudosan Co., Ltd. 29,200 5.9%
The Nomura Trust and Banking Co,. Ltd. (Investment Trust Account) 20,188 4.1%
The Yamanashi Chuo Bank, Ltd. 9,543 1.9%
STATE STREET BANK - WEST PENSION FUND CLIENTS - EXEMPT 505233 7,044 1.4%
The Chugoku Bank, Ltd. 6,275 1.3%
STATE STREET BANK AND TRUST COMPANY 505223 6,141 1.2%
Trust & Custody Services Bank, Ltd. (Money Trust Tax Account) 6,138 1.2%
Total 278,890 56.2%

Changes in Percentage of Investment Units Held by Investor Type

(%)

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