Notice Regarding the Difference Between the Expected and Determined Dividend Amounts for the January 2026 Term and the Revision of the Expected Dividend Amount for the July 2026 Term

Determination of Dividends and Reasons for Differences for the January 2026 Term

The dividend per unit for the January 2026 term (August 1, 2025 to January 31, 2026) was set at 3,400 yen including the profit excess dividend, unchanged from the previous forecast; however, the profit excess dividend was significantly reduced to 156 yen from the forecasted 301 yen. This was influenced by reductions in leasing business expenses, the recording of costs related to Typhoon No.12 of 2025 and the Eastern Shimane Earthquake of 2026, and the finalization of figures relating to income surplus tax discrepancies concerning leasehold right amortization expenses.

Overview of Dividend Forecast Revision for the July 2026 Term

The dividend forecast per unit for the July 2026 term (February 1, 2026 to July 31, 2026) remains unchanged at 3,390 yen, while the profit excess dividend was revised downward from 687 yen to 589 yen. This revision of more than 5% in the profit excess dividend was due to reductions in leasing business expenses and the suppression of borrowing costs following partial repayment of interest-bearing debt, which exceeded profit expectations. For more details, please refer to the January 2026 term Financial Summary.