Notice Regarding Revision of Operating Status and Dividend Forecast for the Fiscal Year Ending October 2026 (42nd Term)

Overview of Revision to Operating Status and Dividend Forecast

Starts Proceed Investment Corporation has revised its operating status and dividend forecast for the fiscal year ending October 2026 (42nd term). Operating revenue is expected to increase to JPY 3,683 million (compared to previous forecast +2.0%), operating income to JPY 1,611 million (+2.5%), ordinary income to JPY 1,162 million (+1.2%), and net income attributable to owners of parent to JPY 1,160 million (+1.2%). Dividend per unit (including excess profit distribution) has been revised to JPY 4,650 (+1.1%). This revision is primarily due to income growth from the acquisition of specific assets.

Assumptions and Future Outlook

This forecast revision reflects the inclusion of domestic real estate trust beneficiary rights acquired on March 26, 2026, and assumes no additional asset transfers by the end of the fiscal year ending October 2026. Detailed reviews of rental business income and expenses, fixed asset tax, depreciation expenses, and interest-bearing debt have also been conducted. Depending on future real estate market trends and changes in the operating environment, forecast figures may fluctuate. There is no material impact and no revision for the fiscal year ending April 2026 (41st term).