#business_update

Japan Urban Fund Investment Corporation completed the transfer of pivo Izumi Chuo (¥6,600 million, capital gain ¥1,684 million) and JMF Building Edogawabashi 01 (¥4,550 million, capital gain ¥580 million) on March 2, 2026, and plans to fully distribute the total capital gains of ¥2,265 million in the fiscal period ending August 2026.

On March 2, 2026, Lasalle Logiport REIT completed the transfer of Logiport Sayama Hidaka located in Hidaka City, Saitama Prefecture (transfer price: 7,000 million yen) to DL Sayama Hidaka LLC.

Sekisui House Reit, Inc. plans to acquire the residential property 'Est Maison Kawaguchi' in Kawaguchi City, Saitama Prefecture, for approximately 2.59 billion yen. The acquisition date is March 5, 2026.

Dear Life Co., Ltd. has acquired land (site area 775.88 sqm) located a 5-minute walk from Minami-Senju Station on the JR Joban Line, and plans to develop a 9-story reinforced concrete apartment building with 49 units. The acquisition funds are from own capital and borrowings.

Japan Logistics Fund, Inc. cancelled the forward commitment related to acquisition of the Amagasaki Logistics Center and acquired priority negotiation rights from Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. until February 26, 2029.

Approximately 20 billion yen additional capital investment to triple InP substrate production capacity by 2030 compared to 2025, with phased operations starting from fiscal 2027.

On February 9, 2026, DataSection Inc. signed a memorandum of understanding with UAE's National Pulse Group for the establishment of national-level AI infrastructure in the MENA region. This is expected to contribute to medium- to long-term earnings improvement.

Started consideration of transition to a holding company structure aimed for October 2026. Aims to promote M&A, enhance group management sophistication, and strengthen governance to build a foundation for achieving the long-term vision.

GMO Internet Group’s consolidated subsidiary GMO Coin, Inc. announced it has commenced preparations for listing its shares on the Tokyo Stock Exchange. The timing of the listing is undecided and subject to approvals from relevant authorities.

Duskin Co., Ltd. plans to conclude a master franchise agreement with Shanghai Meitian Tian Brand Management Co., Ltd. on January 29, 2026, for developing the Mister Donut business in East China. The first store is scheduled to open in July 2026, and the impact on consolidated results is expected to be minor.

Dear Life Co., Ltd. has acquired income-producing real estate located in Wakamatsucho, Shinjuku Ward, a 9-story reinforced concrete building with a total floor area of 830.12㎡. The property is currently leased, and its impact on current period results is minimal.

Dear Life Co., Ltd. has acquired the income-generating real estate '(Tentative Name) DeLCCS Shinjuku Gyoen III' located in Shinjuku 1-chome, Shinjuku Ward. The acquisition price is undisclosed due to confidentiality obligations. The impact on the fiscal year ending September 2026 is expected to be minimal.