Investor Presentaiton

FY20/2 Full-Year Forecast Details - - Asset Management Forecast Conservatively with Stock Earnings Flat, Flow Earnings Down Clean Energy Also Forecast Conservatively Relative to Past Power Production Segment Asset Management Value-Add Clean Energy Adjustment (Inter-Segment Transaction Eliminations) Amount Recorded in Financial Statements (JPY million) Operating Profit FY20/2 (Forecast) FY19/2 (Actual) vs. FY19/2 1,821 2,195 -17.1% 23,312 22,669 +2.8% 1,367 1,364 +0.2% - 26,500 Note: Forecast assumes no Ichigo Office (8975), Ichigo Hotel (3463), or Ichigo Green (9282) public offerings. 一期一会| ICHIGO O Ichigo Inc. All rights reserved. 50 26,279 +0.8% 12

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