Financial Summary (Infrastructure Fund)

Overview of Results

This financial report discloses an overview of the operating status and financial position based on the financial summary. For the year ending June 2026, operating revenue was 4,456 million yen, operating income 1,621 million yen, ordinary income 1,303 million yen, and net income attributable to owners of parent 1,302 million yen. Per-share distributions were 3,041 yen (no excess distribution), with a payout ratio designed to maintain over 90%. The financial position shows total assets of 88,021 million yen, net assets of 43,953 million yen, and equity ratio of 49.9%. Cash flows: operating cash flow 2,518 million yen, investing cash flow -37 million yen, financing cash flow -3,172 million yen, with cash and cash equivalents at period-end of 3,682 million yen.

Outlook and Capital Policy

Going forward, against the backdrop of stable energy supply and decarbonization, the renewable energy investment environment is expected to remain robust, while monitoring ongoing output restrictions and rising cost risks. As external growth, the policy is to advance asset acquisitions using prioritized buy-sell negotiation rights via sponsors, while combining with bridge funds to grow the portfolio. For internal growth, value-added income will be pursued through the use of FIT-non-fossil certificates and other measures, while optimizing O&M and long-term preservation of asset value.