Investor Presentaiton

Fiscal Position of Shizuoka - Current Conditions All four indicators are performing better than the nationally established standards 4 Indicators* Description National Standard Fiscal 2017 Early warning limit Reconstruction limit Real deficit ratio Amount of general account deficit as a proportion of fiscal scale (Surplus) 3.75% 5.0% Consolidated real deficit ratio Amount of all account deficits as a proportion of fiscal scale (Surplus) 8.75% 15.0% Real debt payment ratio Public debt expenses as a proportion of fiscal scale 13.4% 25.0% 35.0% Future burden ratio Prefectural bond balance as a proportion of fiscal scale 238.4% 400.0% * With the exception of the Future burden ratio, if national standards are exceeded, national government authorization and additional national government involvement is required to issue bonds 27

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