{"id":26257,"date":"2025-02-06T23:19:08","date_gmt":"2025-02-06T14:19:08","guid":{"rendered":"https:\/\/www.sasjapan.com\/investors\/?page_id=26257"},"modified":"2025-02-13T22:20:00","modified_gmt":"2025-02-13T13:20:00","slug":"corporate-real-estate-solutions","status":"publish","type":"page","link":"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/","title":{"rendered":"Corporate Real Estate Solutions"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"26257\" class=\"elementor elementor-26257\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5f58dc3 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"5f58dc3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1e9caff\" data-id=\"1e9caff\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-89c78f9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"89c78f9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-698081f\" data-id=\"698081f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0f234dd flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"0f234dd\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInDown&quot;,&quot;_animation_delay&quot;:200}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"title-h4 light elementor-heading-title elementor-size-default\">CORPORATE REAL ESTATE SOLUTIONS<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2f2530 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"e2f2530\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInLeft&quot;,&quot;_animation_delay&quot;:400}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"title-h1 elementor-heading-title elementor-size-default\">Unlocking Liquidity <br>in Real Estate<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ebb9fc0\" data-id=\"ebb9fc0\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-54b68ab flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"54b68ab\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInRight&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>SAS Investors provides corporations, both domestic and MNC\u2019s operating in Japan with financial solutions for their real estate holdings. SAS Investors offers a multidisciplinary approach for companies owning warehouses, distribution centers, R&amp;D facilities, factories, office buildings and specialty, single tenant retail assets.<\/p><p>SAS Investors provides companies with real estate and financial alternatives to raise funds, increase earnings and enhance liquidity by freeing capital tied up in real estate holdings. The company extracts 100% of the property\u2019s value while maintaining full operational control. Maximizing the value of the real estate is our focus.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2ee26bb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2ee26bb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-46018d9\" data-id=\"46018d9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-235d089 elementor-widget__width-initial flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"235d089\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;bounceIn&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><div class=\"title-h1\"><span class=\"light\">FEATURED<\/span> SERVICES<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-735c3b6 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"735c3b6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ce0602b\" data-id=\"ce0602b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b398d41 animated-slow elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"b398d41\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;fadeIn&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-97d521d\" data-id=\"97d521d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f971cbb elementor-widget__width-initial flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"f971cbb\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomInLeft&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>The scope of our solutions include but are not limited to &#8211;<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-fcc8012 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"fcc8012\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-ac80275\" data-id=\"ac80275\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ac83a7f elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"ac83a7f\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-note-1 default-fill\">\n\t\t\t<svg width=\"100%\" height=\"31\"><defs><pattern id=\"pattern-1785080066-74\" x=\"11\" y=\"0\" width=\"23\" height=\"32\" patternUnits=\"userSpaceOnUse\" ><path d=\"M20,9h3V0H0v9h3c2.209,0,4,1.791,4,4v6c0,2.209-1.791,4-4,4H0v9h23v-9h-3c-2.209,0-4-1.791-4-4v-6C16,10.791,17.791,9,20,9z\" \/><\/pattern><\/defs><rect x=\"0\" y=\"0\" width=\"100%\" height=\"32\" style=\"fill: url(#pattern-1785080066-74);\" \/><\/svg>\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-image-wrapping-none\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/elementor\/thumbs\/leaseback-1-r15ahpdii1lh45aq4oober0oqztlpeh0y93ophf5pu.jpg\" title=\"leaseback\" alt=\"leaseback\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tSale-Leaseback Transactions \t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\tGenerate liquidity and access value locked up in real estate holdings, utilizing multiple capital sources and creative structuring options.<BR>\n<BR>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4813529 elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"4813529\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:600,&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-note-1 default-fill\">\n\t\t\t<svg width=\"100%\" height=\"31\"><defs><pattern id=\"pattern-1785080066-8\" x=\"11\" y=\"0\" width=\"23\" height=\"32\" patternUnits=\"userSpaceOnUse\" ><path d=\"M20,9h3V0H0v9h3c2.209,0,4,1.791,4,4v6c0,2.209-1.791,4-4,4H0v9h23v-9h-3c-2.209,0-4-1.791-4-4v-6C16,10.791,17.791,9,20,9z\" \/><\/pattern><\/defs><rect x=\"0\" y=\"0\" width=\"100%\" height=\"32\" style=\"fill: url(#pattern-1785080066-8);\" \/><\/svg>\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-horizontal-center\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/elementor\/thumbs\/4-1-r15apjd3gcbhv5x4e2ke6ruyyl7pulki10tcoht1v6.jpg\" title=\"4-1\" alt=\"Monetizing Underutilized Real Estate\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tMonetizing Underutilized<BR> Real Estate\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\tMaximize the value of outdated legacy assets and unused land holdings by repurposing or redeveloping the assets.  This can be in the form of an outright sale or JV.\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2c2da0 elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"e2c2da0\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:200,&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-note-1 default-fill\">\n\t\t\t<svg width=\"100%\" height=\"31\"><defs><pattern id=\"pattern-1785080066-39\" x=\"11\" y=\"0\" width=\"23\" height=\"32\" patternUnits=\"userSpaceOnUse\" ><path d=\"M20,9h3V0H0v9h3c2.209,0,4,1.791,4,4v6c0,2.209-1.791,4-4,4H0v9h23v-9h-3c-2.209,0-4-1.791-4-4v-6C16,10.791,17.791,9,20,9z\" \/><\/pattern><\/defs><rect x=\"0\" y=\"0\" width=\"100%\" height=\"32\" style=\"fill: url(#pattern-1785080066-39);\" \/><\/svg>\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-horizontal-center\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/5-1.jpg\" title=\"5-1\" alt=\"BUILD-TO-SUIT DEVELOPMENT\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tBuild-to-Suit Development <BR>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\tCo-create next-generation real estate, partnering from site selection to design and development, leveraging expertise to create leading corporate assets.\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e027ba9 elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"e027ba9\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:400,&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-note-1 default-fill\">\n\t\t\t<svg width=\"100%\" height=\"31\"><defs><pattern id=\"pattern-1785080066-39\" x=\"11\" y=\"0\" width=\"23\" height=\"32\" patternUnits=\"userSpaceOnUse\" ><path d=\"M20,9h3V0H0v9h3c2.209,0,4,1.791,4,4v6c0,2.209-1.791,4-4,4H0v9h23v-9h-3c-2.209,0-4-1.791-4-4v-6C16,10.791,17.791,9,20,9z\" \/><\/pattern><\/defs><rect x=\"0\" y=\"0\" width=\"100%\" height=\"32\" style=\"fill: url(#pattern-1785080066-39);\" \/><\/svg>\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-horizontal-center\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img width=\"1320\" height=\"965\" src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/6.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/6.jpg 1320w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/6-300x219.jpg 300w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/6-1024x749.jpg 1024w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/6-768x561.jpg 768w\" sizes=\"(max-width: 1320px) 100vw, 1320px\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tMerger &amp; Acquisitions <br>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\tMonetize real estate assets during the M&amp;A process to help finance the acquisition and provide working capital.\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9b9249e elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"9b9249e\" data-element_type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a876633\" data-id=\"a876633\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9cd217c flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"9cd217c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a sale leaseback?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ecad437 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ecad437\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8e1355b\" data-id=\"8e1355b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-81e75dc flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"81e75dc\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInDown&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>SAS Investors helps companies improve their asset and capital efficiency benefiting management, employees and shareholders by unlocking the hidden value of their real estate holdings through sale leasebacks<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c8de666 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c8de666\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3369df0\" data-id=\"3369df0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2c53f5a flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"2c53f5a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Basic Structure of sale leaseback<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6bb606e flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-image\" data-id=\"6bb606e\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;headShake&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img width=\"600\" height=\"640\" src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/sale-leaseback.jpg\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/sale-leaseback.jpg 600w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/sale-leaseback-281x300.jpg 281w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e20b449 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e20b449\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d58619e\" data-id=\"d58619e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f1f6bd8 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"f1f6bd8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Tax Consequences<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10cf666 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"10cf666\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">EFFECT OF IFRS-16 ON SALE-LEASEBACK TRANSACTIONS<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-113bb3e flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"113bb3e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"light elementor-heading-title elementor-size-default\">OFF-BALANCE OR NOT?<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7920d69 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"7920d69\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6189c27\" data-id=\"6189c27\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-182f0e0 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"182f0e0\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-2e86a0a\" data-id=\"2e86a0a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-94009b4 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"94009b4\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<h5 class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tFixed Asset on Balance Sheet\t\t\t\t\t\t<\/h5>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b62ce81 elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"b62ce81\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tCurrent Asset<br> (Cash)\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-774606a elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"774606a\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tLease Liability<br> (Present Value of Lease)\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e829e25 elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"e829e25\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tLease Liability<br> (Lease Rent Payment Obligations) \t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f34742d elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"f34742d\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-6e6e00e\" data-id=\"6e6e00e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-47c3e7b flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styledimage\" data-id=\"47c3e7b\" data-element_type=\"widget\" data-settings=\"{&quot;image&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.sasjapan.com\\\/investors\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/arrow-down.jpg&quot;,&quot;id&quot;:26267,&quot;alt&quot;:&quot;arrow&quot;,&quot;source&quot;:&quot;library&quot;},&quot;thegem_elementor_preset&quot;:&quot;default&quot;}\" data-widget_type=\"thegem-styledimage.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"styled-image-wrapper\">\n\t\t<div class=\"centered-box gem-image-centered-box\">\n\t\t\t\t<div class=\"gem-image gem-wrapbox gem-wrapbox-default gem-wrapbox-position-centered  \">\n\t\t\t<div class=\"gem-wrapbox-inner \" >\n\t\t\t\t\t\t\t\t\t<img class=\"gem-wrapbox-element img-responsive \"\n\t\t\t\t\t\t src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/arrow-down.jpg\"\n\t\t\t\t\t\t alt=\"arrow\">\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/div>\n\n\n\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f4cdafb elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"f4cdafb\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-a2ac7e2\" data-id=\"a2ac7e2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-14c0268 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"14c0268\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<h5 class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tLease Asset (Right of Use)\t\t\t\t\t\t<\/h5>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b0a119 elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"7b0a119\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tBased upon present value of lease\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8858b5c elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"8858b5c\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tAccelerated depreciation over lease term\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-00909be elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"00909be\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-0fca190\" data-id=\"0fca190\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-67fba2d flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styledimage\" data-id=\"67fba2d\" data-element_type=\"widget\" data-settings=\"{&quot;image&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.sasjapan.com\\\/investors\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/arrow-down.jpg&quot;,&quot;id&quot;:26267,&quot;alt&quot;:&quot;arrow&quot;,&quot;source&quot;:&quot;library&quot;},&quot;thegem_elementor_preset&quot;:&quot;default&quot;}\" data-widget_type=\"thegem-styledimage.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"styled-image-wrapper\">\n\t\t<div class=\"centered-box gem-image-centered-box\">\n\t\t\t\t<div class=\"gem-image gem-wrapbox gem-wrapbox-default gem-wrapbox-position-centered  \">\n\t\t\t<div class=\"gem-wrapbox-inner \" >\n\t\t\t\t\t\t\t\t\t<img class=\"gem-wrapbox-element img-responsive \"\n\t\t\t\t\t\t src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/arrow-down.jpg\"\n\t\t\t\t\t\t alt=\"arrow\">\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/div>\n\n\n\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-0f8c98c elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"0f8c98c\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-7f9fe42\" data-id=\"7f9fe42\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-181278d flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"181278d\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<h5 class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tLease Liability\t\t\t\t\t\t<\/h5>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82a8b9c elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"82a8b9c\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tAggregate obligations of lease payments\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a896686 elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"a896686\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tTax Deductible \t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f00c9db elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"f00c9db\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-ef42df6\" data-id=\"ef42df6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5e98588 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styledimage\" data-id=\"5e98588\" data-element_type=\"widget\" data-settings=\"{&quot;image&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.sasjapan.com\\\/investors\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/arrow-down.jpg&quot;,&quot;id&quot;:26267,&quot;alt&quot;:&quot;arrow&quot;,&quot;source&quot;:&quot;library&quot;},&quot;thegem_elementor_preset&quot;:&quot;default&quot;}\" data-widget_type=\"thegem-styledimage.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"styled-image-wrapper\">\n\t\t<div class=\"centered-box gem-image-centered-box\">\n\t\t\t\t<div class=\"gem-image gem-wrapbox gem-wrapbox-default gem-wrapbox-position-centered  \">\n\t\t\t<div class=\"gem-wrapbox-inner \" >\n\t\t\t\t\t\t\t\t\t<img class=\"gem-wrapbox-element img-responsive \"\n\t\t\t\t\t\t src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/arrow-down.jpg\"\n\t\t\t\t\t\t alt=\"arrow\">\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/div>\n\n\n\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed0b82b flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"ed0b82b\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<h5 class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tReduces Real Estate Holding \/ Operating Costs\t\t\t\t\t\t<\/h5>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-580109d elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"580109d\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tEliminates payment of property taxes on land &amp; building\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b302980 elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"b302980\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tReduce insurance costs (landlord to provide insurance on building)  \t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6709a91 elementor-widget__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"6709a91\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background\">\n\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h6 bold\">\n\t\t\t\t\t\t\tStructural and roof repairs are responsibility of landlord \t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2eef26d elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"2eef26d\" data-element_type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1d51f7e\" data-id=\"1d51f7e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44aacae flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"44aacae\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Benefits of sale \/ leaseback<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-81d0247 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"81d0247\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6ae6921\" data-id=\"6ae6921\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8af770c flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"8af770c\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInLeft&quot;,&quot;_animation_delay&quot;:200}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"title-h2 light elementor-heading-title elementor-size-default\">Capital Efficiencies THROUGH MONETIZING REAL ESTATE<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00d401d flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-text-editor\" data-id=\"00d401d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><h6>Monetizing assets to raise capital is<br \/><strong><span style=\"color: #ba1f01;\">NOT<\/span><\/strong> the only benefit of a sale leaseback<\/h6><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cdc4a06 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"cdc4a06\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0bde247\" data-id=\"0bde247\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-afe366d elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"afe366d\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-37b95d2\" data-id=\"37b95d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1f2aa50 elementor-widget__width-initial elementor-widget-mobile__width-inherit elementor-widget-tablet__width-initial flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"1f2aa50\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-image-wrapping-none\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img width=\"1320\" height=\"965\" src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/leaseback.jpg\" class=\"attachment-full size-full\" alt=\"leaseback\" srcset=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/leaseback.jpg 1320w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/leaseback-300x219.jpg 300w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/leaseback-1024x749.jpg 1024w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/leaseback-768x561.jpg 768w\" sizes=\"(max-width: 1320px) 100vw, 1320px\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tRaise capital by monetizing fixed assets\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\t<ul><li style=\"text-align: left\">Obtain working and investment capital<\/li><li style=\"text-align: left\">Enhance liquidity through realization of hidden reserves at increased values<\/li><li style=\"text-align: left\">Monetize redundant or underutilized facilities<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03a67e5 elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"03a67e5\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:200,&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-horizontal-center\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img width=\"640\" height=\"480\" src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/22437252_s.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/22437252_s.jpg 640w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/22437252_s-300x225.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tCapital efficiency<BR>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\t<ul><li style=\"text-align: left\">Efficient use of capital embedded in fixed assets<\/li><li style=\"text-align: left\">Obtain market value of real estate unrealized on balance sheet<\/li><li style=\"text-align: left\">Supplement existing sources of financing<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2641db elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"c2641db\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:200,&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-horizontal-center\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img width=\"640\" height=\"480\" src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/5185422_s.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/5185422_s.jpg 640w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/5185422_s-300x225.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tImprove balance sheet<BR>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\t<ul>\n \t<li style=\"text-align: left\">Increase and manage earnings<\/li>\n \t<li style=\"text-align: left\">Enhance shareholder value<\/li>\n \t<li style=\"text-align: left\">Improve financial ratios<\/li>\n \t<li style=\"text-align: left\">Fund share buybacks<\/li>\n \t<li style=\"text-align: left\">Align real estate assets with core revenue initiatives<\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-8a78949 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8a78949\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c899610\" data-id=\"c899610\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7be0d67 elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"7be0d67\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:400,&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-horizontal-center\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img width=\"640\" height=\"480\" src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/23241884_s.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/23241884_s.jpg 640w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/23241884_s-300x225.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tConvert from \u2018fixed assets\u2019 to \u2018leased assets\u2019 \t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\t<ul>\n \t<li style=\"text-align: left\">Fully depreciated over the term of the lease<\/li>\n \t<li style=\"text-align: left\">Lease payments are tax deductible<\/li>\n \t<li style=\"text-align: left\">Increase transparency of real estate-related costs<\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cce90ef elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"cce90ef\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:400,&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-horizontal-center\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img width=\"640\" height=\"480\" src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/chart.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/chart.jpg 640w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/chart-300x225.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tMaintain full operational control\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\t<ul>\n \t<li style=\"text-align: left\">Lease structure allows seller to maintain operational control<\/li>\n \t<li style=\"text-align: left\">\u201cRight-size\u201d your real estate portfolio<\/li>\n<\/ul>\n\n\n\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dadf0ed elementor-widget__width-initial elementor-widget-tablet__width-initial elementor-widget-mobile__width-inherit flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styled-textbox\" data-id=\"dadf0ed\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;_animation_delay&quot;:400,&quot;thegem_elementor_preset&quot;:&quot;basic&quot;}\" data-widget_type=\"thegem-styled-textbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-textbox styled-textbox-basic\">\n\n\t\n\t\t<div class=\"gem-textbox-top gem-textbox-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-textbox-inner\">\n\n\t\t<div class=\"gem-textbox-content default-background icon-top gem-textbox-icon-horizontal-center\">\n\n\t\t\t\t\t\t\t<div class=\"gem-texbox-icon-image-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t<img width=\"640\" height=\"480\" src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/expenses.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/expenses.jpg 640w, https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/expenses-300x225.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-texbox-text-wrapper\">\n\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-title title-h5 bold\">\n\t\t\t\t\t\t\tReduce real estate ownership \/ operating expenses\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"gem-textbox-description gem-text-output\">\n\t\t\t\t\t\t\t<ul>\n \t<li style=\"text-align: left\">Flexibility of leasing and certainty of recurring expenses<\/li>\n \t<li style=\"text-align: left\">Offload responsibilities of  real estate ownership<\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-textbox-bottom gem-textbox-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t\n\t\n<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bad5864 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"bad5864\" data-element_type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6b7b921\" data-id=\"6b7b921\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1c038d9 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"1c038d9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Solutions Oriented Approach<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0c668b1 elementor-section-full_width elementor-section-height-min-height elementor-section-height-default elementor-section-items-middle\" data-id=\"0c668b1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4789f95\" data-id=\"4789f95\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a76a85d animated-slow elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-invisible\" data-id=\"a76a85d\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;fadeIn&quot;,&quot;animation_delay&quot;:200}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-fdbeb23\" data-id=\"fdbeb23\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b1b38dd flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-text-editor\" data-id=\"b1b38dd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><span style=\"color: #BA1F01;\"><b><i>Common Concerns and Considerations associated with a Sale Leaseback Structure<\/i><\/b><\/span><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6433b05 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-text-editor\" data-id=\"6433b05\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p><b>One of several <\/b><b>common concerns <\/b><b>may arise when considering a sale leaseback, <\/b><b>including \u2013<\/b><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f690c84 elementor-widget-divider--view-line flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-divider\" data-id=\"f690c84\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a043806 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-text-editor\" data-id=\"a043806\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p><strong>Concern: Selling real estate may be interpreted by the market that the company is in financial trouble.<\/strong><\/p><p><span style=\"color: #000000;\"><strong><i>Solution: Sale Leaseback structure <\/i><i>allows companies to maintain operating control of the real <\/i><i>estate <\/i><i>with <\/i><span style=\"color: #c00000;\"><u><i>no<\/i><\/u><\/span><i> visible changes of <\/i><i>ownership.<\/i><\/strong><\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa84a5f flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-text-editor\" data-id=\"aa84a5f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p><strong>Concern: The company is losing a fixed asset that we may want to own again in the future.<\/strong><\/p><p><span style=\"color: #000000;\"><strong><i>Solution: SAS Investors can provide a buy-back option during and at the end of the lease term to\u00a0 provide flexibility.\u00a0<\/i><\/strong><\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-763036f flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-text-editor\" data-id=\"763036f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p><strong>Concern: The lease rent and terms may change in the future.<\/strong><\/p><p><span style=\"color: #000000;\"><strong><i>Solution: The lease rent is known throughout the term of the lease.\u00a0 The lease rent will <span style=\"text-decoration: underline; color: #c00000;\">not<\/span> be affected should property taxes, insurance and other property-related costs increase during the term.<\/i><\/strong><\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9dbdfa8 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-text-editor\" data-id=\"9dbdfa8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p><strong>Concern: Under current IFRS guidelines, the real estate asset does not come off the balance sheet under a sale leaseback.<\/strong><br \/><br \/><span style=\"color: #000000;\"><strong><i>Solution: It is recategorized as a \u201clease asset\u201d and fully depreciated over the lease term and the lease payments are tax deductible. Under JGAAP, there remains a structure that does remove the asset from the balance sheet.<\/i><\/strong><\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-33f131b\" data-id=\"33f131b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-454fb3d flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styledimage\" data-id=\"454fb3d\" data-element_type=\"widget\" data-settings=\"{&quot;image&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.sasjapan.com\\\/investors\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/solutions-1-1.png&quot;,&quot;id&quot;:26268,&quot;alt&quot;:&quot;Solutions oriented approach 1&quot;,&quot;source&quot;:&quot;library&quot;},&quot;motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;_animation&quot;:&quot;slideInRight&quot;,&quot;thegem_elementor_preset&quot;:&quot;default&quot;,&quot;motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\" data-widget_type=\"thegem-styledimage.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"styled-image-wrapper\">\n\t\t<div class=\"centered-box gem-image-centered-box\">\n\t\t\t\t<div class=\"gem-image gem-wrapbox gem-wrapbox-default gem-wrapbox-position-centered lazy-loading \">\n\t\t\t<div class=\"gem-wrapbox-inner  lazy-loading-item\"  data-ll-effect=\"move-up\">\n\t\t\t\t\t\t\t\t\t<img class=\"gem-wrapbox-element img-responsive \"\n\t\t\t\t\t\t src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/solutions-1-1.png\"\n\t\t\t\t\t\t alt=\"Solutions oriented approach 1\">\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/div>\n\n\n\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33d4e28 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styledimage\" data-id=\"33d4e28\" data-element_type=\"widget\" data-settings=\"{&quot;image&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.sasjapan.com\\\/investors\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/solutions-2.png&quot;,&quot;id&quot;:26351,&quot;alt&quot;:&quot;solutions oriented approach 2&quot;,&quot;source&quot;:&quot;library&quot;},&quot;motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;_animation&quot;:&quot;slideInRight&quot;,&quot;thegem_elementor_preset&quot;:&quot;default&quot;,&quot;motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\" data-widget_type=\"thegem-styledimage.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"styled-image-wrapper\">\n\t\t<div class=\"centered-box gem-image-centered-box\">\n\t\t\t\t<div class=\"gem-image gem-wrapbox gem-wrapbox-default gem-wrapbox-position-centered lazy-loading \">\n\t\t\t<div class=\"gem-wrapbox-inner  lazy-loading-item\"  data-ll-effect=\"move-up\">\n\t\t\t\t\t\t\t\t\t<img class=\"gem-wrapbox-element img-responsive \"\n\t\t\t\t\t\t src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/solutions-2.png\"\n\t\t\t\t\t\t alt=\"solutions-2\">\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/div>\n\n\n\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b37f622 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"b37f622\" data-element_type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6942ab0\" data-id=\"6942ab0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-89c3dca flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"89c3dca\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Flexible Deal Structure<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43c81f4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43c81f4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-31195b4\" data-id=\"31195b4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ac2c4fb flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"ac2c4fb\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInLeft&quot;,&quot;_animation_delay&quot;:200}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"title-h2 light elementor-heading-title elementor-size-default\">Type of assets we acquire<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4daafba flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-text-editor\" data-id=\"4daafba\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><h6><span style=\"color: #ba1f01;\">The following are the type of asset<br \/>we acquire and the preferred lease structure<\/span><\/h6><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-49f82e7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"49f82e7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cb89557\" data-id=\"cb89557\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-63bffdc flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"63bffdc\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><h6 class=\"title-h3\">Our investment strategy focuses on \u2013<\/h6><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fc288dc elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"fc288dc\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;slideInUp&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4829e39\" data-id=\"4829e39\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c1a5c8e elementor-cta--layout-image-left elementor-cta--tablet-layout-image-above elementor-cta--mobile-layout-image-above elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-call-to-action\" data-id=\"c1a5c8e\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/warehouse.jpg);\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tWarehouses \/<br> logistics facilities \t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de7cb6a elementor-cta--layout-image-left elementor-cta--tablet-layout-image-above elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-call-to-action\" data-id=\"de7cb6a\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/r-d.jpg);\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tR&D facilities \t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-88f5e52 elementor-cta--layout-image-left elementor-cta--tablet-layout-image-above elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-call-to-action\" data-id=\"88f5e52\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/retail-1.jpg);\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tSpecialty single-tenant retail \/ showrooms\t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5cb3b01\" data-id=\"5cb3b01\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b0b996c elementor-cta--layout-image-left elementor-cta--tablet-layout-image-above elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-call-to-action\" data-id=\"b0b996c\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/manufacturing.jpg);\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tIndustrial and light manufacturing\t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f11e3e3 elementor-cta--layout-image-left elementor-cta--tablet-layout-image-above elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-call-to-action\" data-id=\"f11e3e3\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/modern-office-lobby.jpg);\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tOffice properties\t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a20c8fc elementor-cta--layout-image-left elementor-cta--tablet-layout-image-above elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-call-to-action\" data-id=\"a20c8fc\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/life-science.jpg);\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tLife science facilities\t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-468ac4f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"468ac4f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2c2a7ff\" data-id=\"2c2a7ff\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9c7443e elementor-hidden-desktop elementor-hidden-tablet elementor-widget-divider--view-line flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-divider\" data-id=\"9c7443e\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9ac63e3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9ac63e3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d79dd2e\" data-id=\"d79dd2e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2662e8d flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-cta\" data-id=\"2662e8d\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;left-aligned&quot;}\" data-widget_type=\"thegem-cta.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-alert-box\">\n\n\t\n\t\t<div class=\"gem-alert-box-top gem-alert-box-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-alert-inner icon-top gem-alert-box-icon-horizontal-left gem-alert-box-icon-image-wrapping-inline no-button\">\n\n\t\t\t\n\n\t\t\t\t\t\t\t<div class=\"gem-alert-box-picture\">\n\t\t\t\t\t\t<div class=\"gem-cta-icon-image-wrapper\">\n\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t<span>\n\t\t\t\t\t<img src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/elementor\/thumbs\/japan-r14ty13anyu5u0bcjn9q5vxxzoaorl75nzacty772a.jpg\" title=\"japan\" alt=\"japan\" \/>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\n\t\t\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-alert-box-content\">\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t<h2 class=\"gem-cta-title title-h2 light\">\n\t\t\t\t\tgeography\t\t\t\t<\/h2>\n\n\t\t\t\n\n\t\t\t\n\t\t\t\t<div class=\"gem-cta-description gem-text-output\">\n\t\t\t\t\tOur primary market is Japan where the principals of SAS Investors  have over 22 years experience in the Japanese market and have transacted over JPY 2.0 trillion of deals. However, with our investment partners we can provide integrated solutions on a regional and global basis.\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t<div class=\"gem-alert-box-buttons\">\n\t\t\t\t\n\t\t\t\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-alert-box-bottom gem-alert-box-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-48eac66 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"48eac66\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-29f0de7\" data-id=\"29f0de7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-31ae94a flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-cta\" data-id=\"31ae94a\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;left-aligned&quot;}\" data-widget_type=\"thegem-cta.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-alert-box\">\n\n\t\n\t\t<div class=\"gem-alert-box-top gem-alert-box-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-alert-inner icon-top gem-alert-box-icon-horizontal-left gem-alert-box-icon-image-wrapping-inline no-button\">\n\n\t\t\t\n\n\t\t\t\t\t\t\t<div class=\"gem-alert-box-picture\">\n\t\t\t\t\t\t<div class=\"gem-cta-icon-image-wrapper\">\n\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t<span>\n\t\t\t\t\t<img src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/elementor\/thumbs\/deal-size-r14u00j13djycdfkyi5dfdwz4yil0l2r9sv9az99pw.jpg\" title=\"deal-size\" alt=\"deal-size\" \/>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\n\t\t\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-alert-box-content\">\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t<h2 class=\"gem-cta-title title-h2 light\">\n\t\t\t\t\tMinimum Deal Size\t\t\t\t<\/h2>\n\n\t\t\t\n\n\t\t\t\n\t\t\t\t<div class=\"gem-cta-description gem-text-output\">\n\t\t\t\t\t<p>We target investment of at least JPY 5 billion and prefer deals in excess of JPY 10 billion to JPY 50 billion. We will acquire single assets or portfolios.<\/p>\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t<div class=\"gem-alert-box-buttons\">\n\t\t\t\t\n\t\t\t\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-alert-box-bottom gem-alert-box-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ae66a87 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ae66a87\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2e7cf04\" data-id=\"2e7cf04\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3cb1637 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-cta\" data-id=\"3cb1637\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;left-aligned&quot;}\" data-widget_type=\"thegem-cta.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-alert-box\">\n\n\t\n\t\t<div class=\"gem-alert-box-top gem-alert-box-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-alert-inner icon-top gem-alert-box-icon-horizontal-left gem-alert-box-icon-image-wrapping-inline no-button\">\n\n\t\t\t\n\n\t\t\t\t\t\t\t<div class=\"gem-alert-box-picture\">\n\t\t\t\t\t\t<div class=\"gem-cta-icon-image-wrapper\">\n\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t<span>\n\t\t\t\t\t<img src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/elementor\/thumbs\/deal-structure-r14u1cgsrxdkshhy6kvcgjthflyax5d2ge50s3a6n4.jpg\" title=\"deal-structure\" alt=\"deal structure\" \/>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\n\t\t\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-alert-box-content\">\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t<h2 class=\"gem-cta-title title-h2 light\">\n\t\t\t\t\tDEAL Structure\t\t\t\t<\/h2>\n\n\t\t\t\n\n\t\t\t\n\t\t\t\t<div class=\"gem-cta-description gem-text-output\">\n\t\t\t\t\tOur preference is a sale leaseback with long-term leases (circa 10-year) with options to renew with the seller remaining as a tenant on a long-term basis. In addition, we acquire assets which the seller will vacate or leaseback over a short-term that we can repurpose to redevelop with an emphasis on logistics facilities.\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t<div class=\"gem-alert-box-buttons\">\n\t\t\t\t\n\t\t\t\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-alert-box-bottom gem-alert-box-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-327ab93 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"327ab93\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e08a708\" data-id=\"e08a708\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f873c45 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-thegem-cta\" data-id=\"f873c45\" data-element_type=\"widget\" data-settings=\"{&quot;thegem_elementor_preset&quot;:&quot;left-aligned&quot;}\" data-widget_type=\"thegem-cta.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"gem-alert-box\">\n\n\t\n\t\t<div class=\"gem-alert-box-top gem-alert-box-top-none default-fill\">\n\t\t\t\t\t<\/div>\n\t\n\t<div class=\"gem-alert-inner icon-top gem-alert-box-icon-horizontal-left gem-alert-box-icon-image-wrapping-inline no-button\">\n\n\t\t\t\n\n\t\t\t\t\t\t\t<div class=\"gem-alert-box-picture\">\n\t\t\t\t\t\t<div class=\"gem-cta-icon-image-wrapper\">\n\t\t\t\t\t<div class=\"gem-image\">\n\t\t\t\t<span>\n\t\t\t\t\t<img src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/elementor\/thumbs\/capital-sources-r14u2miw2t4mldn1pms2cq72jhnaebfwyq3tandwnq.jpg\" title=\"capital-sources\" alt=\"capital-sources\" \/>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\n\t\t\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"gem-alert-box-content\">\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t<h2 class=\"gem-cta-title title-h2 light\">\n\t\t\t\t\tCAPITAL SOURCES\t\t\t\t<\/h2>\n\n\t\t\t\n\n\t\t\t\n\t\t\t\t<div class=\"gem-cta-description gem-text-output\">\n\t\t\t\t\t<p>We have a variety of capital sources prepared to transact across a range of assets from steady long-term leases to repurposing and everything in between.<\/p>\t\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t<div class=\"gem-alert-box-buttons\">\n\t\t\t\t\n\t\t\t\n\t\t\t\t\t\t<\/div>\n\n\t\t\t\n\n\t<\/div>\n\n\t\n\t\t<div class=\"gem-alert-box-bottom gem-alert-box-bottom-none default-fill\">\n\t\t\t\t<\/div>\n\t<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8596586 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"8596586\" data-element_type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-622203b\" data-id=\"622203b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f7a6f42 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"f7a6f42\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">360\u00b0 Sale Leaseback Program<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5ab3abc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5ab3abc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-095367a\" data-id=\"095367a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6eb41c7 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"6eb41c7\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInDown&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>SAS Investors has initiated its 360\u00b0 Sale Leaseback Program, a comprehensive approach that provides companies with financial and real estate solutions that include ESG initiatives to lower energy costs and reduce CO\u00b2 emissions.<\/p><p>The 360\u00b0 Sale Leaseback creates a partnership between the seller \/ lessee and the buyer \/ lessor that creates value for both parties. As with a standard sale leaseback, the seller \/ lessee is able to monetize their real estate assets yet maintain operating control, and the buyer \/ lessee receives long-term stable cash flow. With a 360\u00b0 Sale Leaseback, the seller \/ lessee partners with the buyer \/ lessor to have the buyer \/ lessor fund the cost of the ESG plan whilst sharing the cost saving of lower energy, water, waste and carbon emissions.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9ae61d0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9ae61d0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5853256\" data-id=\"5853256\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ab50f6d flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"ab50f6d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Basic Structure of 360\u00b0 sale leaseback<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56697b4 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-image\" data-id=\"56697b4\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;headShake&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t<img src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/360-slb.png\" title=\"360-slb\" alt=\"360 Sale and Leaseback\" \/>\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-462c9d1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"462c9d1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5edae10\" data-id=\"5edae10\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a711e17 flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-heading\" data-id=\"a711e17\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Our Defined Process<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-935fc8d flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-text-editor\" data-id=\"935fc8d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\"><p>SAS Investors implements a defined process for our 360\u00b0Sale Leaseback Program. It is important for us to understand a company&#8217;s objectives for the sale leaseback transaction. In addition to financial, accounting and real estate goals, we also incorporate the company&#8217;s ESG targets in order to develop the most suitable deal structure including green lease terms.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2516761 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2516761\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-thegem\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a1988ac\" data-id=\"a1988ac\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0e490e eael-table-align-center eael-dt-th-align-left flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-eael-data-table\" data-id=\"f0e490e\" data-element_type=\"widget\" data-widget_type=\"eael-data-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"eael-data-table-wrap\" data-table_id=\"f0e490e\" id=\"eael-data-table-wrapper-f0e490e\" data-custom_responsive=\"false\">\n\t\t\t<table class=\"tablesorter eael-data-table center\" id=\"eael-data-table-f0e490e\">\n\t\t\t    <thead>\n\t\t\t        <tr class=\"table-header\">\n\t\t\t\t\t\t\t\t\t            <th class=\"\" id=\"\" colspan=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"data-table-header-text\">Quantify Company\u2019s Objectives<\/span><\/th>\n\t\t\t        \t\t\t\t        <\/tr>\n\t\t\t    <\/thead>\n\t\t\t  \t<tbody>\n\t\t\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t   \t\t\t\t\t\t\t\t\t\t\t<td colspan=\"\" rowspan=\"\" class=\"\" id=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"td-content-wrapper\"><div class=\"td-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\u2022 Financial &amp; Accounting objectives<br>\n<br>\n\u2022 Real Estate objectives<br>\n<br>\n\u2022 ESG objectives\t\t\t\t\t\t\t\t\t\t\t\t<\/div><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t        \t\t\t    <\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t  \t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d6bc3b0 eael-table-align-center eael-dt-th-align-left flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-eael-data-table\" data-id=\"d6bc3b0\" data-element_type=\"widget\" data-widget_type=\"eael-data-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"eael-data-table-wrap\" data-table_id=\"d6bc3b0\" id=\"eael-data-table-wrapper-d6bc3b0\" data-custom_responsive=\"false\">\n\t\t\t<table class=\"tablesorter eael-data-table center\" id=\"eael-data-table-d6bc3b0\">\n\t\t\t    <thead>\n\t\t\t        <tr class=\"table-header\">\n\t\t\t\t\t\t\t\t\t            <th class=\"\" id=\"\" colspan=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"data-table-header-text\">Review and Analyze Real Estate Assets<\/span><\/th>\n\t\t\t        \t\t\t\t        <\/tr>\n\t\t\t    <\/thead>\n\t\t\t  \t<tbody>\n\t\t\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t   \t\t\t\t\t\t\t\t\t\t\t<td colspan=\"\" rowspan=\"\" class=\"\" id=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"td-content-wrapper\"><div class=\"td-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\u2022 Market Pricing<br>\n<br>\n\u2022 Market Lease Rents<br>\n<br>\n\u2022 Operating Costs<br>\n<br>\n\u2022 Capital Expenditure Requirements\u3000\u3000<br>\n<br>\n\u2022 ESG Options\t\t\t\t\t\t\t\t\t\t\t\t<\/div><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t        \t\t\t    <\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t  \t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c12ba7c eael-table-align-center eael-dt-th-align-left flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-eael-data-table\" data-id=\"c12ba7c\" data-element_type=\"widget\" data-widget_type=\"eael-data-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"eael-data-table-wrap\" data-table_id=\"c12ba7c\" id=\"eael-data-table-wrapper-c12ba7c\" data-custom_responsive=\"false\">\n\t\t\t<table class=\"tablesorter eael-data-table center\" id=\"eael-data-table-c12ba7c\">\n\t\t\t    <thead>\n\t\t\t        <tr class=\"table-header\">\n\t\t\t\t\t\t\t\t\t            <th class=\"\" id=\"\" colspan=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"data-table-header-text\">Outline Proposed Deal Structure<\/span><\/th>\n\t\t\t        \t\t\t\t        <\/tr>\n\t\t\t    <\/thead>\n\t\t\t  \t<tbody>\n\t\t\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t   \t\t\t\t\t\t\t\t\t\t\t<td colspan=\"\" rowspan=\"\" class=\"\" id=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"td-content-wrapper\"><div class=\"td-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\u2022 Purchase Price<br>\n<br>\n\u2022 Lease Terms (rent, length of lease, operational costs)<br>\n<br>\n\u2022 Lease Structure<br>\n<br>\n\u2022 Energy \/ Decarbonization Plan<br>\n<br>\n\u2022 Due Diligence &amp; Closing Period\t\t\t\t\t\t\t\t\t\t\t\t<\/div><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t        \t\t\t    <\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t  \t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e47b7be eael-table-align-center eael-dt-th-align-left flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-eael-data-table\" data-id=\"e47b7be\" data-element_type=\"widget\" data-widget_type=\"eael-data-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"eael-data-table-wrap\" data-table_id=\"e47b7be\" id=\"eael-data-table-wrapper-e47b7be\" data-custom_responsive=\"false\">\n\t\t\t<table class=\"tablesorter eael-data-table center\" id=\"eael-data-table-e47b7be\">\n\t\t\t    <thead>\n\t\t\t        <tr class=\"table-header\">\n\t\t\t\t\t\t\t\t\t            <th class=\"\" id=\"\" colspan=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"data-table-header-text\">Documentation &amp; Closing<\/span><\/th>\n\t\t\t        \t\t\t\t        <\/tr>\n\t\t\t    <\/thead>\n\t\t\t  \t<tbody>\n\t\t\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t   \t\t\t\t\t\t\t\t\t\t\t<td colspan=\"\" rowspan=\"\" class=\"\" id=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"td-content-wrapper\"><div class=\"td-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\u2022 Purchase &amp; Sale Agreement<br>\n<br>\n\u2022 Green Lease Agreement<br>\n<br>\n\u2022 Develop Net Zero Pathway into Asset Plan\t\t\t\t\t\t\t\t\t\t\t\t<\/div><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t        \t\t\t    <\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t  \t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-397d3c3 eael-table-align-left eael-dt-th-align-left flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-widget elementor-widget-eael-data-table\" data-id=\"397d3c3\" data-element_type=\"widget\" data-widget_type=\"eael-data-table.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"eael-data-table-wrap\" data-table_id=\"397d3c3\" id=\"eael-data-table-wrapper-397d3c3\" data-custom_responsive=\"false\">\n\t\t\t<table class=\"tablesorter eael-data-table left\" id=\"eael-data-table-397d3c3\">\n\t\t\t    <thead>\n\t\t\t        <tr class=\"table-header\">\n\t\t\t\t\t\t\t\t\t            <th class=\"\" id=\"\" colspan=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"data-table-header-text\">ESG \/ Decarbonization Implementation<\/span><\/th>\n\t\t\t        \t\t\t\t        <\/tr>\n\t\t\t    <\/thead>\n\t\t\t  \t<tbody>\n\t\t\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t   \t\t\t\t\t\t\t\t\t\t\t<td colspan=\"\" rowspan=\"\" class=\"\" id=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"td-content-wrapper\"><div class=\"td-content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\u2022 Costs for ESG Plan funded by Buyer \u3000<br>\n<br>\n\u2022 Monitoring &amp; Reporting<br>\n<br>\n\u2022 Sharing of ESG Cost Saving\t\t\t\t\t\t\t\t\t\t\t\t<\/div><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t        \t\t\t    <\/tbody>\n\t\t\t<\/table>\n\t\t<\/div>\n\t  \t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c04d843\" data-id=\"c04d843\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4c57816 elementor-hidden-mobile flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styledimage\" data-id=\"4c57816\" data-element_type=\"widget\" data-settings=\"{&quot;image&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.sasjapan.com\\\/investors\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/building.jpg&quot;,&quot;id&quot;:26287,&quot;alt&quot;:&quot;&quot;,&quot;source&quot;:&quot;library&quot;},&quot;_animation&quot;:&quot;slideInRight&quot;,&quot;thegem_elementor_preset&quot;:&quot;default&quot;}\" data-widget_type=\"thegem-styledimage.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"styled-image-wrapper\">\n\t\t\t<div class=\"gem-image gem-wrapbox gem-wrapbox-default gem-wrapbox-position-left lazy-loading \">\n\t\t\t<div class=\"gem-wrapbox-inner  lazy-loading-item\"  data-ll-effect=\"move-up\">\n\t\t\t\t\t\t\t\t\t<img class=\"gem-wrapbox-element img-responsive \"\n\t\t\t\t\t\t src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/building.jpg\"\n\t\t\t\t\t\t alt=\"building\">\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\n\n\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a424485 elementor-hidden-mobile flex-horizontal-align-default flex-horizontal-align-tablet-default flex-horizontal-align-mobile-default flex-vertical-align-default flex-vertical-align-tablet-default flex-vertical-align-mobile-default elementor-invisible elementor-widget elementor-widget-thegem-styledimage\" data-id=\"a424485\" data-element_type=\"widget\" data-settings=\"{&quot;image&quot;:{&quot;url&quot;:&quot;https:\\\/\\\/www.sasjapan.com\\\/investors\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/panel.jpg&quot;,&quot;id&quot;:26288,&quot;alt&quot;:&quot;Solar panel&quot;,&quot;source&quot;:&quot;library&quot;},&quot;_animation&quot;:&quot;slideInUp&quot;,&quot;thegem_elementor_preset&quot;:&quot;default&quot;}\" data-widget_type=\"thegem-styledimage.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n<div class=\"styled-image-wrapper\">\n\t\t\t<div class=\"gem-image gem-wrapbox gem-wrapbox-default gem-wrapbox-position-left lazy-loading \">\n\t\t\t<div class=\"gem-wrapbox-inner  lazy-loading-item\"  data-ll-effect=\"move-up\">\n\t\t\t\t\t\t\t\t\t<img class=\"gem-wrapbox-element img-responsive \"\n\t\t\t\t\t\t src=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2025\/02\/panel.jpg\"\n\t\t\t\t\t\t alt=\"panel\">\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div>\n\n\n\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>CORPORATE REAL ESTATE SOLUTIONS Unlocking Liquidity in Real Estate SAS Investors provides corporations, both domestic and MNC\u2019s operating in Japan&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"page-fullwidth.php","meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.9.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corporate Real Estate Solutions - SAS Investors<\/title>\n<link rel=\"canonical\" href=\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corporate Real Estate Solutions - SAS Investors\" \/>\n<meta property=\"og:description\" content=\"CORPORATE REAL ESTATE SOLUTIONS Unlocking Liquidity in Real Estate SAS Investors provides corporations, both domestic and MNC\u2019s operating in Japan...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/\" \/>\n<meta property=\"og:site_name\" content=\"SAS Investors\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-13T13:20:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/elementor\/thumbs\/leaseback-1-r15ahpdii1lh45aq4oober0oqztlpeh0y93o3nirr4.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"14 minutes\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.sasjapan.com\/investors\/#organization\",\"name\":\"SAS Investors\",\"url\":\"https:\/\/www.sasjapan.com\/investors\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.sasjapan.com\/investors\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/2022\/05\/logo-XL.png\",\"width\":929,\"height\":286,\"caption\":\"SAS Investors\"},\"image\":{\"@id\":\"https:\/\/www.sasjapan.com\/investors\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.sasjapan.com\/investors\/#website\",\"url\":\"https:\/\/www.sasjapan.com\/investors\/\",\"name\":\"SAS Investors\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.sasjapan.com\/investors\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/www.sasjapan.com\/investors\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.sasjapan.com\/investors\/wp-content\/uploads\/elementor\/thumbs\/leaseback-1-r15ahpdii1lh45aq4oober0oqztlpeh0y93o3nirr4.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/#webpage\",\"url\":\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/\",\"name\":\"Corporate Real Estate Solutions - SAS Investors\",\"isPartOf\":{\"@id\":\"https:\/\/www.sasjapan.com\/investors\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/#primaryimage\"},\"datePublished\":\"2025-02-06T14:19:08+00:00\",\"dateModified\":\"2025-02-13T13:20:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sasjapan.com\/investors\/\",\"url\":\"https:\/\/www.sasjapan.com\/investors\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/\",\"url\":\"https:\/\/www.sasjapan.com\/investors\/corporate-real-estate-solutions\/\",\"name\":\"Corporate Real Estate Solutions\"}}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/www.sasjapan.com\/investors\/wp-json\/wp\/v2\/pages\/26257"}],"collection":[{"href":"https:\/\/www.sasjapan.com\/investors\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sasjapan.com\/investors\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sasjapan.com\/investors\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sasjapan.com\/investors\/wp-json\/wp\/v2\/comments?post=26257"}],"version-history":[{"count":44,"href":"https:\/\/www.sasjapan.com\/investors\/wp-json\/wp\/v2\/pages\/26257\/revisions"}],"predecessor-version":[{"id":26378,"href":"https:\/\/www.sasjapan.com\/investors\/wp-json\/wp\/v2\/pages\/26257\/revisions\/26378"}],"wp:attachment":[{"href":"https:\/\/www.sasjapan.com\/investors\/wp-json\/wp\/v2\/media?parent=26257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}