Distribution of Debt

As of October 19, 2026

By Maturity

By Interest Rate

By Lender

(Note)	Short-term refers to borrowings due within one year from the borrowing date. Long-term refers to borrowings due within a period longer than one year from the borrowing date.

LTV

As of August 31, 2026

（％）

(Note)	“LTV” is calculated by the balance of debt divided by total assets.

Maturity Ladder

As of October 19, 2026

(million yen)

■	Short-term borrowings	130 million yen	■	Long-term borrowings	115,949 million yen	■	Investment Corporation Bonds	6,700 million yen

Summary of Debt

2026年10月19日

Total Debt Balance

122,779million yen

LTV(Book value basis)

42.7％

LTV(Appraisal value basis)

35.3％

Average Remaining Debt Duration

3.6years

Long-term debt ratio

99.9％

Fixed Interest Rate Ratio

87.8％

Average Interest Rate

0.95％

(Note 1)	LTV is the figure as of the end of August 31, 2026.

Credit Rating

As of February 25, 2026

Rating agency	Rating	Rating outlook
Japan Credit Rating Agency, Ltd. (JCR)	Long-term issuer rating: AA	Stable
Japan Credit Rating Agency, Ltd. (JCR)	Bond rating: AA	ー