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Investor Presentaiton

Capital Investment Plan /EON Proactively conduct capital investment that should help maintain and enhance the value of retail properties, including investments for revitalization that will result in higher rents イオンリート Repairs and Maintenance Expenses Capital Investment Plan Restoration Work Of Aeon Mall Kumamoto (Capex) Capital Expenditures Depreciation 3,386 3,169 2,659 2,677 2,230 2,245 1,222 798 289 196 July 2014 Period (3rd Period) Actual 238 389 429 346 371 182 218 314 Jan 2015 Period (4th Period) Actual July 2015 Period (5th Period) Actual Jan 2016 Period (6th Period) Actual July 2016 Period (7th Period) Actual Jan 2017 Period (8th Period) Actual (Millions of yen) 5,000 4,420 4,470 4,178 4,500 4,000 $ 3,500 3,000 2,500 2,000 1,500 1,426 1,943 2,048 1,000 500 445 0 Jan 2017 Period (9th Period) Actual July 2018 Period (10th Period) Scheduled July 2018 Period (11th Period) Scheduled 28
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