Financial Results for FY2019 Q1
(March 1, 2019 - May 31, 2019)

from the beginning

Financial Results for Q1 FY2019

• Contents

Adoption of IFRS 16 Leases

• Overview of IFRS 16

• Impact on FY2019 Financial Statements

Q1 FY2019: Summary of Financial Results

• Overview of Consolidated Results

• Operating Income by Segment

• Overseas: Earnings Performance

• Overseas: Specialty Store Sales Trends (Existing Malls)

• Overseas: FY2019 Mall Renovations

• Overseas: Initiatives to Create New Demand

• Japan: Specialty Store Sales at Existing 79 Malls

• Japan: Specialty Store Sales at Existing 79 Malls: YoY % Change vs Industry

• Japan: Specialty Store Sales at Existing 79 Malls: YoY % Change by Segment(Slide only)

• Japan: Mall Business -FY2019Existing Mall Renewals

• @Japan: Mall Business -FY2019Existing Mall Renewals

• Income Statement Summary(Slide only)

• Balance Sheet Summary(Slide only)

• Cash Flow Statement Summary(Slide only)

Future Initiatives

• Overseas: Growth Model

• Overseas: Renovations of Existing Malls

• Japan: Existing Mall Revitalizations

• Japan: Response to Consumption Tax Increase

• Japan: Responding to the Inbound Tourist Market

• Japan: Responding to Inbound Tourist Market

• Japan: Advancements in Digitalization

• Japan: Stronger Support for Local Communities

FY2019 Consolidated Plan

• Impact of Adopting IFRS 16(Slide only)

• Consolidated Earnings Plan(FY2019)(Slide only)

• Profit Sharing(Slide only)

• ESG Management Initiatives

Attachments(Mall Data)

• List of Malls (1)

• List of Malls (2)

• List of Malls (3)

• List of Malls (4)

• Urban Shopping Center Business (OPA Co., Ltd.)