Overview of the 38th fiscal period performance
March 1st, 2023 - August 31st, 2023

from the beginning

Overview of the 38th fiscal period performance March 1st, 2023 - August 31st, 2023

• contents(Slide only)

• Executive summary

• Dividend per unit

• Dividend in normal operation

• External Growth Initiatives Policy

• Leasing progress for Hakata FD Business Center

• Trends in the Fukuoka office market

• Historical and projected office buildings' occupancy rates

• Initiatives at Canal City Hakata(1)

• Initiatives at Canal City Hakata(2)

• Situation of other assets (Logistics)

• Situation of other assets (Residence, Hotel)

• Financing condition(1)

• Financing condition(2)

• Appraisal value

• Sustainability

• Assessment of Financial Impacts Based on Climate Change Scenario Analysis (qualitative analysis)

• Assessment of Financial Impacts Based on Climate Change Scenario Analysis (quantitative analysis)

• Statements of Income (compared with the previous fiscal period)

• Statements of Income (compared with the forecast)

• Business forecast (the 39th fiscal period, Feb. 2024)

• Business forecast (the 40th fiscal period, Aug. 2024)

Appendix

• Profile(Slide only)

• A real estate investment trust specializing in regional properties(Slide only)

• Current situation of Fukuoka City(Slide only)

• Condition of Inbound Tourists(Slide only)

• Earthquake risk in Fukuoka, etc.(Slide only)

• Certification from external organizations and information disclosure(Slide only)

• ESG Initiatives (Environment)(Slide only)

• ESG Initiatives (Society(1))(Slide only)

• ESG Initiatives (Society(2))(Slide only)

• ESG Initiatives (Governance)(Slide only)

• IR initiatives(Slide only)

• Unitholders' data(Slide only)

• Unit price chart(Slide only)

• Financial highlights(Slide only)

• Balance sheets (compared with the previous fiscal period)(Slide only)

• Cash flow statements (compared with the previous fiscal period)(Slide only)

• Income and expenditure by properties (Retail)(Slide only)

• Income and expenditure by properties (Office buildings・Others)(Slide only)

• Income and expenditure by properties (Total) /Repair and maintenance expenses, capital expenditures, and depreciation(Slide only)

• Portfolio table(1)(Slide only)

• Portfolio table(2)(Slide only)

• Portfolio table(3)(Slide only)

• Portfolio map(Slide only)

• Disposition of property (Kurume Higashi Kushiwara SC)(Slide only)

• Dividend and NAV per unit(Slide only)

• Historical trends of asset's size by investment type (based on acquisition)(Slide only)

• Historical appraisal values (unrealized gains)(Slide only)

• Portfolio properties' occupancy rates(Slide only)

• Top tenants by leased floor area(Slide only)

• Office building rent revisions and tenant replacement situation(Slide only)

• Breakdown of variable rents(Slide only)

• Initiatives by Fukuoka City Government and status of office workers(Slide only)

• Situation of active retail(Slide only)

• List of Interest-bearing debt(Slide only)

• Lenders(Slide only)

• Asset management company's organization(Slide only)

• The condition of suburb area in Fukuoka(Slide only)

• The condition of Fukuoka city center(Slide only)

• Redevelopment in Tenjin area (Tenjin Big Bang)(Slide only)

• Redevelopment in Hakata area (Hakata Connected)(Slide only)

• Sponsor pipeline (Fukuoka Jisho Group)(Slide only)