#NIPPONBUILDINGFUNDINC

For the fiscal year ending December 2025, operating revenue was 48,547 million yen, down 5.2% year-over-year (YoY), and net income attributable to owners of parent was 19,299 million yen, down 18.0% YoY. Earnings guidance for the June 2026 period anticipates operating revenue of 53,924 million yen and net income of 24,064 million yen.

For the fiscal year ending December 2025, operating revenue was JPY 48,547 million (a 5.2% decrease YoY), net income was JPY 19,299 million (an 18.0% decrease YoY), and dividend per unit was JPY 2,454 (a 1.6% decrease YoY). New investment units were issued in January 2026 to raise funds.

For the fiscal year ending December 2025, operating revenue was JPY 48,547 million, operating income was JPY 21,217 million, and net income attributable to owners of parent was JPY 19,299 million. The number of issued investment units at the end of the period was 8,650,000 units, with a distribution per unit of JPY 2,454.

Issuance of 7,800 new investment units through third-party allotment, with total payment amount of 1,077,414,000 yen. Total number of investment units after issuance will be 8,815,000 units. Payment date is January 26, 2026.

A maximum of approximately 22.79 billion yen to be raised through new investment unit issuance. Issue price is 142,492 yen per unit, with 157,200 units to be issued. Payment deadline is January 20, 2026.

Nippon Building Fund Inc. executed a long-term borrowing of 2.7 billion yen from MUFG Bank, Ltd. on January 14, 2026, and conducted refinancing of borrowings maturing in January 2026.

Nippon Building Fund Inc. resolved at the Board of Directors meeting on January 7, 2026, to publicly offer 157,200 new investment units and allocate 7,800 units in a third-party allotment, planning to raise up to approximately 22.645 billion yen.

Nippon Building Fund Inc. will acquire Nihonbashi Honcho M-SQUARE and one other property for a total of approximately JPY 46.918 billion and plans to transfer the Sumitomo Densetsu Building for JPY 10 billion. The transaction aims to expand asset scale and enhance profitability.

Nippon Building Fund Inc. decided on December 26, 2025 to enter into a total of 13 billion yen in long-term loans and will conduct refinancing of existing borrowings.