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Investor Presentaiton

Ref. 5. Direction of Economy in Shimane and Tottori (3) Number of bankruptcies by industry (in Shimane and Tottori) Number of hotel guests at major hot spring spas* (in Shimane and Tottori) Actual number (cases) 2018 YoY change (%) 2019 2020 2018 2019 2020 Composition ratio (%) 2018 2019 2020 (Thousands) 2,000 Agriculture, forestry, 1,800 2 4 2 100.0 100.0 (50.0) 4.3 6.6 3.9 1,699 fishery and mining 1,628 Construction 6 10 6 (40.0) 66.7 (40.0) 12.8 16.4 11.8 1,600 1,526 Manufacturing 10 Wholesale Retail 059 11 6 25.0 10.0 (45.5) 21.3 18.0 11.8 5 5 400.0 0.0 0.0 10.6 8.2 9.8 1,400 12 12 (35.7) 33.3 0.0 19.1 19.7 23.5 Finance & insurance 0 0 0 0.0 0.0 0.0 1,200 Real estate 1 3 2 0.0 200.0 (33.3) 2.1 4.9 3.9 Transportation 1 1 0.0 0.0 0.0 2.1 1.6 2.0 1,000 Telecommunications 1 0 1 (50.0) (100.0) 2.1 0.0 2.0 Services, etc. 12 15 Total 471 61 16 (42.9) 25.0 6.7 51 (20.3) 29.8 (16.4) 25.5 24.6 31.4 100.0 100.0 100.0 800 2010 11 Source: TOKYO SHOKO RESEARCH, LTD. 1,848 1,705 1,644 1,648 1,568 1,521 1,542 976 12 13 14 15 16 17 18 19 2020 * Total of guests at major hot spring spas in Misasa, Kaike, Hawai-Togo, Matsue Shinjiko and Tamatsukuri Source: Survey by the San-in Godo Bank Land prices of major commercial areas (as of Jan. 1 of each year) (Upper: Assessment price: Thousand yen/m², Lower: YoY %) Number of tourists Tottori (2019) (Thousands, %) Shimane (2019) (Thousands, %) Actual number: Change over Area name Tourist sites and facilities of visitors 2018 2016 2017 Actual number Change over of visitors 2018 2018 2019 2020 Tottori sand dunes/Inaba Hot 2,949 9.8 Izumo Taisha Shrine 6,340 7.3 Spring Village area Wakasa Kaido Street 110 110 110 105 105 Sakaiminato area 1,845 3.4 Hinomisaki 1,094 17.9 Sakae-machi, Tottori City, Tottori (4.3) 0.0 Tottori Nashinohana Hot Spring 0.0 (4.5) 0.0 1,168 0.2 Cape Mihonoseki 850 11.7 area Principal Prefectural Road 96 95 96 95 95 95 Mt. Daisen area 1,084! 1.3 Shimane Winery 729 1.9 95 95 "Yonago Teishajo-Line Road" Yonago/Kaike Hot Spring area 1,024 3.6 Adachi Museum of Art 648 2.6 Meiji-cho, Yonago City, Tottori (1.0) (1.0) 0.0 00 0.0 0.0 Yazu area 779 2.8 Tamatsukuri Hot Spring 615 3.7 Eki-dori 135 135 135 135 140 Higashi Hoki area 640 7.6 Taikodani Inari Shrine 604 8.9 Asahi-machi, Matsue City, Uradome Coast area/lw ai Hot 456: 2.9 Iwami Seaside Park 562 4.0 |Shimane 0.0 0.0 0.0 0.0 3.7 Spring area Okuhino area 183 17.3 Matsue Castle Park 517 9.8 Source: Hiroshima Regional Taxation Bureau Matsue Suigosai Festival 480 12.1 20 Source: Tourism Department, Culture & Tourism Bureau of Tottori Prefecture; and Tourism Promotion Section, Department of Commerce-Industry & Tourism of Shimane Prefecture SAN-IN GODO BANK
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