Mitsui Digital AM Launches Japan’s First Land-Backed RWA Digital Security Tied to AEON Omiya

TLDR:

• Mitsui & Co. Digital AM launched Japan’s first land-backed digital security tied to AEON Omiya’s leasehold rights.
• The asset carries an appraisal value of 8.6 billion yen, with a minimum investment entry point of 100,000 yen.
• Investors earn a 3.4% pre-tax annual yield backed by a 50-year fixed-term lease running through June 2076.
• Unit holders receive 500 WAON POINTS annually per 10 units, linking returns to Aeon Group’s retail ecosystem.

Digital security backed by land rights is now a reality in Japan. Mitsui & Co. Digital Asset Management has launched a tokenized product tied to AEON Omiya’s land.

The company describes this as Japan’s first digital security backed by low-lying land assets. The property carries an appraisal value of approximately 8.6 billion yen. Investors can enter from 100,000 yen, with an expected annual yield of 3.4% pre-tax.

Investment Structure and Asset Details

The investment targets the land beneath AEON Omiya, located in Kita-ku, Saitama City. The site spans about 46,475 square meters and holds an appraisal value of roughly 8.6 billion yen.

Mitsui & Co. Digital AM described the move as “a new small-lot model for real estate investment,” marking a new direction for tokenized assets in Japan.

Aeon Retail Co., Ltd., a core Aeon Group company, serves as the lessee on this asset. A 50-year fixed-term leasehold agreement runs from June 2026 to June 2076.

This long-term lease provides investors with a reliable source of monthly land rent income throughout the holding period.

Since the offering covers only land and not the building above it, repair cost exposure remains minimal. The product is structured with income gain as the primary objective.

The company noted the design is “structured with an emphasis on income gain,” reducing the burden typically associated with direct property ownership.

The product issues a total of 356,000 units, with a minimum entry point of 100,000 yen. Redemption is scheduled for July 31, 2031, covering an operating period of roughly five years and one month. Mitsui & Co. Digital AM offers the product through its alternative investment platform, ALTERNA.

Blockchain Infrastructure and Investor Benefits

The digital security runs on the iBET for Fin blockchain infrastructure, developed for financial applications in Japan. It is structured as tokenized securities through a beneficiary securities issuance trust scheme. This setup ensures the product meets Japan’s existing regulatory framework for real estate digital securities.

Investors holding 10 or more units receive 500 WAON POINTS as an annual benefit. WAON is the loyalty program linked to the Aeon Group’s broad retail network.

The company confirmed that “500 WAON POINTS are awarded as a preferential treatment every year for each 10 units held,” adding non-financial value to the product.

Omiya serves as a major transportation hub where more than 10 rail lines converge, including the Shinkansen. Kita Ward, Saitama City, continues to record steady population growth, supporting demand for large commercial facilities.

Mitsui & Co. Digital AM noted that the area is “expected to continue to have residential demand as the population continues to grow.”

New family-oriented condominiums are also under construction in the surrounding area. This residential development is expected to bring consistent foot traffic to AEON Omiya over time.

As a result, the commercial facility is well-positioned to maintain stable occupancy throughout the investment period.

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