Investor Presentaiton

Segment information (Real Estate) 14 FY2022 FY2021 Real Estate Change results results (Millions of yen) Percentage change Operating revenue 44,627 45,598 -971 -2.1% Real estate leasing business 33,968 32,531 1,437 4.4% Real estate sales business 10,943 13,477 -2,533 -18.8% Adjustment (intrasegment) -284 -409 - - Operating income 12,570 12,577 -7 -0.1% Main components Real estate leasing business 12,049 11,625 424 3.7% Real estate sales business 699 1,115 -416 -37.3% <Main reasons for changes> •The real estate leasing business saw both revenue and income rise mainly due to an increase in hotel rental revenue resulting from the easing of border restrictions. •The real estate sales business saw both revenue and income fell for reasons such as a decrease in condominium sales. NANKAI

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