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Investor Presentaiton

6 Financial Strategy Maintain sound financial strength | Interest-bearing debt at fiscal year-end: LHS1 Off-balance-sheet debt at fiscal year-end: LHS2 (Billions of yen) MITSUI FUDOSAN GROUP D/E ratio (times): RHS3 2,000 2.22 1,800 2.00 1,600 1.86 2.5 1,790.0 1,733.5 1,550.4 2.0 1,397.2 1,400 1,321.5 1,279.0 1,199.2 1,258.4 1,200 1,000 800 600 400 215.0 200 95.0 LLLLL 1.77 1.60 1.5 1.40 1.33 1.0 399.0 421.0 342.0 0.5 246.0 193.0 0 2002 2003 2004 2005 2006 2007 2008 0.0 2009 1. Interest-bearing debt at fiscal year-end: Short-term debt + commercial paper + bonds redeemable within one year + straight bonds + long-term debt 2. Off-balance-sheet debt at fiscal year-end: The portion of debt associated with debt arising from investments in SPCs that is within the Company's scope of responsibility 3. D/E ratio: Interest-bearing debt / shareholders' equity Mitsui Fudosan Co., Ltd. 32
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