Investor Presentaiton

50 Outstanding borrowings (Estimate for Mar. 2018) Туре Loan Term Lenders Balance (mn. Yen) Floating/ Fixed 7 years Development Bank of Japan 1,700 Fixed Interest rate (Note 3) 1.52375% 5 years 7 years Mizuho Bank, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking, Aozora Bank Development Bank of Japan, Minato Bank 4,800 Fixed (Note 2) 1.29700% Drawdown date 2012/7/31 2013/7/31 Repayment date (Note 4) Repayment method 1,800 Fixed 1.70875% 2013/7/31 5 years Mizuho Bank, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking, Resona Bank 4,000 Fixed (Note 2) 0.96200% 2014/7/31 6 years Mizuho Bank, The Hiroshima Bank, Sony Bank 2,000 Fixed (Note 2) 1.24000% 2014/7/31 7 years Mizuho Bank, Aozora Bank 1,800 Fixed 1.47806% 2014/7/31 3 years 4 years Mizuho Bank, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking, Aozora Bank, Resona Bank, Mitsubishi UFJ Trust and Banking, Senshu Ikeda Bank, The Bank of Tokyo-Mitsubishi UFJ, Nishi-Nippon City Bank, Mizuho Trust & Banking, Mizuho Bank, Sumitomo Mitsui Banking, Resona Bank, Mitsubishi UFJ Trust and Banking, Shinkin Central Bank, Senshu Ikeda Bank, The Nanto Bank 10,500 Floating 0.46727% 2015/7/31 2019/7/31 2018/7/31 2020/7/31 2019/7/31 2020/7/31 2021/7/31 2018/7/31 Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment 9,500 Floating 0.56727% 2015/7/31 2019/7/31 Bullet payment 5 years 5 years Mizuho Bank, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking, Aozora Bank, Resona Bank, Mitsubishi UFJ Trust and Banking, The Bank of Tokyo-Mitsubishi UFJ, Mizuho Trust & Banking Development Bank of Japan 9,300 Fixed (Note 2) 0.86545% 2015/7/31 1,200 Fixed 0.90750% 2015/7/31 6 years 7 years Mizuho Bank, Sumitomo Mitsui Banking, Resona Bank, Mitsubishi UFJ Trust and Banking, Senshu Ikeda Bank Mizuho Bank, Aozora Bank, The Bank of Tokyo-Mitsubishi UFJ, Mizuho Trust & Banking 4,500 Fixed (Note 2) 1.03350% 2015/7/31 2,200 Fixed (Note 2) 1.20235% 2015/7/31 7 years Development Bank of Japan 800 Fixed 1.23250% 2015/7/31 8 years Mizuho Bank 1,000 Fixed (Note 2) 1.38430% 2015/7/31 2020/7/31 2020/7/31 2021/7/31 2022/7/31 2022/7/31 2023/7/31 Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment 8 years Mizuho Bank 500 Fixed (Note 2) 1.38430% 2015/7/31 8 years Long term loans 5 years payable (Note 1) 3.5 years 3.5 years 3.5 years Development Bank of Japan Mizuho Bank, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking. Sumitomo Mitsui Banking, Shinkin Central Bank Nishi-Nippon City Bank, Hyakugo Bank Sumitomo Mitsui Trust Bank 500 Fixed 1.40000% 2015/7/31 2,800 Fixed (Note 2) 0.49795% 2016/4/28 3,700 Floating 0.37727% 2016/7/29 2,250 Fixed 0.37315% 2016/7/29 2,600 Fixed 0.37315% 2016/7/29 4.5 years 5 years Mizuho Bank, Development Bank of Japan, Mitsubishi UFJ Trust and Banking, Senshu Ikeda Bank Development Bank of Japan, Aozora Bank, Mitsubishi UFJ Trust and Banking, Senshu Ikeda Bank 2,500 Fixed 0.45065% 2,650 Fixed 0.49380% 8 years. Mizuho Bank, Development Bank of Japan, Aozora Bank, Mitsubishi UFJ Trust and Banking 4,700 Fixed 0.73500% 2016/7/29 2016/7/29 2016/7/29 5 years Mizuho Bank, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking, Development Bank of Japan, The Bank of Tokyo- Mitsubishi UFJ 4,000 Fixed 0.64691% 2017/1/31 2023/7/31 2023/7/31 2021/4/30 2020/1/31 2020/1/31 2020/1/31 2021/1/31 2021/7/31 2024/7/31 2022/1/31 Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment 7 years Mizuho Bank, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking, Development Bank of Japan, The Bank of Tokyo- Mitsubishi UFJ 4,000 Fixed 0.80938% 2017/1/31 2024/1/31 Bullet payment 5 years Sumitomo Mitsui Trust Bank, Tokio Marine & Nichido Fire Insurance, Nippon Life Insurance Company 2,900 Fixed 0.52420% 2017/7/31 6 years Shinkin Central Bank, Senshu Ikeda Bank 1,900 Fixed 0.68000% 2017/7/31 6 years Sumitomo Mitsui Banking 1,000 Fixed 0.68792% 2017/7/31 8 years Mizuho Bank, Development Bank of Japan 3,975 Fixed 0.85630% 2017/7/31 10 years Mizuho Bank, Development Bank of Japan, Aozora Bank 3,900 Fixed 1.04000% 2017/7/31 NEW 1 years Mizuho Bank 2,000 Floating Undecided (Note5) NEW 5 years Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking 2,400 Floating NEW 7 years The Bank of Tokyo-Mitsubishi UFJ 1,200 Fixed NEW NEW 7 years 8 years Aozora Bank, Nishi-Nippon City Bank, THE BANK OF FUKUOKA Mizuho Bank, Development Bank of Japan 2,700 Fixed 2,700 Fixed Undecided (Note5) Undecided (Note5) Undecided (Note5) Undecided (Note5) 2018/2/28 2018/2/28 2018/2/28 2018/2/28 2018/2/28 2022/7/29 2023/7/31 2023/7/31 2025/7/31 2027/7/31 2019/2/28 2023/2/28 2025/2/28 2025/2/28 2026/2/27 Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Bullet payment Total 109,975 Note 1: Syndicated loans by the indicated financial institutions. Note 2: Interest rate swaps are concluded to fix the interest rates. Note 3: Interest rate is applied as of end of Jan. 2018. Note 4: If such date does not fall on any business day, the next business day shall be applied. If such next business day is included in the next month, the business day immediately preceding the initial repayment date shall be applied. Note 5: Interest rates are determined before each loan is provided, based on the respective loan agreements executed on Jan. 29, 2018 MCUBS MidCity Investment Corporation

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