Investor Presentaiton

Units:JPY bn 1,400 Change in Revenue Accounts Tax revenue has been recovering in the recent years 1.200 1.000 800 600 37.5 49.6 400 14.4% 12.5% 200 60% ☐ 50% 40.7% 40% 30% 20% 12.4% 10% 0% 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 Prefectural Tax Local Allocation Tax National Treasury Disbursement Prefectural Bonds Othres Prefectural Tax as % of Total (Right axis) Prefectural Bonds as % of Total (Right axls) 13

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