#BusinessUpdate

SBI Leasing Services announced that it plans to make temporary investments totaling approximately 15.8 billion yen in connection with the sale of the operating lease business fund in August 2026 and from May to August 2027.

Anan Power Plant Unit 3 (450,000 kW) is scheduled for decommissioning around June 2026, and Sakaide Power Plant Unit 3 (450,000 kW) is scheduled for decommissioning in the second half of fiscal 2027. The impact on performance is expected to be minor.

Formulated the three-year Medium-Term Management Plan 2028, starting from the fiscal year ending February 2027. See attached documents for details.

Scheduled transfer of one narrow-body aircraft for sale at approximately 3.8 billion yen in April 2026. To be reflected in consolidated earnings guidance for the fiscal year ending March 2027.

Transferred 50% quasi-co-ownership interest in Konami Sports Club Kyobashi for JPY 3,725 million, with planned full distribution of JPY 2,051 million gain on sale in FY ending August 2026. Transfer proceeds to be applied to short-term loan repayment.

The establishment process of the UAE subsidiary for cryptocurrency dealing and related business has been postponed due to delays in local application procedures and travel advisory cancellation. The establishment date and business start date are undecided, with minimal impact on financial results.

Dear Life Co., Ltd. has acquired income-generating real estate located a 4-minute walk from Oji-Kamiya Station on the Tokyo Metro Namboku Line, with a total floor space of 838.51㎡. The acquisition price is undisclosed, and the impact on the current term's performance is expected to be minimal.

Dear Life Co., Ltd. has acquired a condominium development site (850.77㎡) in Kotakecho, Nerima Ward, and plans to develop a 49-unit residential complex. Partial contribution to sales for the fiscal year ending September 2028 is expected.

SBI Leasing Service plans to purchase three narrow-body aircraft for sale at a total cost of approximately 18.9 billion yen. Each aircraft is scheduled for purchase in May, September, and October 2026.

Daiwa Securities Living Investment Corporation decided to acquire four rental properties for approximately 7.1 billion yen and to dispose of two rental properties for approximately 2.9 billion yen. The acquisition is scheduled for May 1, 2026, and the disposal for April 2026.

Industrial Fund Investment Corporation acquired two logistics facilities in Nagoya City, Aichi Prefecture, and Susono City, Shizuoka Prefecture, as its first CRE project with the Yamato Group. The unrealized gains after renovation are expected to be +JPY 410 million (+21.2%) and +JPY 560 million (+27.5%), respectively.

Consolidated subsidiary JALCO completed the delivery and settlement of land (20,546.04㎡) in Narashino City, Chiba Prefecture on March 18, 2026. Sales are expected to impact more than 10% of the most recent consolidated fiscal year's revenue, with ordinary income and net income attributable to owners of parent anticipated to be affected by over 30%.