Investor Presentaiton

Statements of Income and Retained Earnings (43rd FP Ended August 2023) Statements of Income For the period from October 1, 2022 to February 28, 2023 Operating revenue Lease business revenue Other lease business revenue Gain on sale of investment property Total operating revenue Operating expenses Expenses related to rent business Asset management fee Asset custody fee Administrative service fees Directors' compensations merger-related expenses Goodwill amortization Other operating expenses 5,620,653 207,435 1,430,579 1,437,186 7,258,668 11,812,092 Thousands of yen For the period from March 1, 2023 to August 31, 2023 10,113,102 261,802 (Breakdown of Real Estate Leasing Business Income) A. Rental revenues Lease business revenue Rent Common charges Land leasing revenues For the period from October 1, 2022 to February 28, 2023 Thousands of yen For the period from March 1, 2023 to August 31, 2023 9,755,149 5,321,121 196,524 234,344 103,007 123,609 Other lease business revenue 207,435 261,802 2,710,417 3,382,852 Total rental revenues 5,828,088 10,374,905 275,258 749,387 B. Property-related expenses 10,829 16,155 Property management expenses 50,842 69,609 3,000 3,600 Property management fees 600,789 741,024 Utilities 211,827 253,324 61,360 250,000 15,731 Property and other taxes 879,362 1,202,202 88,983 136,137 Casualty insurance 16,235 26,730 Total operating expenses 3,200,691 4,623,473 Repair expenses 62,957 130,971 Operating income Non-operating income Interest income 4,057,976 7,188,618 Depreciation and amortization 914,440 996,640 Other expenses 24,805 31,958 Total property-related expenses 2,710,417 3,382,852 94 94 C. Profit and losses from real 3,117,671 6,992,053 Reversal of dividends payable 647 918 estate rental business (A-B) Interest on refund 89 Total non-operating income 741 1,102 Non-operating expenses Interest expenses 291,515 594,518 Interest expenses on bonds investment corporation 24,397 38,941 Amortization of investment corporation bond 7,679 7,794 other 3,376 12,741 Total non-operating expenses 326,968 653,996 Ordinary income 3,731,749 6,535,724 Profit before income taxes 3,731,749 6,535,724 Income taxes - current 732 Income taxes - deferred Total income taxes Profit 116,912 117,644 10,590 632,600 - 622,010 3,614,104 Unappropriated retained earnings 3,614,104 7,157,734 7,157,734 44

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