Notice of Portfolio Occupancy Rate Preliminary Figures (As of the End of March 2026)

Overview of Portfolio Occupancy Rate

The preliminary portfolio occupancy rate as of the end of March 2026 stood at 96.9% across all properties, a decrease of 0.2 points from 97.1% in the previous month. By usage category, office occupancy was 96.9% (Month-over-Month -0.1 points), while other uses remained unchanged at 100.0%. Regionally, 'Central 6 Wards' declined to 96.3% (-0.8 points), whereas 'Other Metropolitan Area' and 'Four Major Cities' increased to 97.5% (+0.3 points) and 96.5% (+0.5 points) respectively. The number of properties was 87, and the number of tenants was 1,030 (-3 from the previous month).

Factors Affecting Occupancy Rate Changes and Future Initiatives

Partial tenant cancellations at Ichigo Sakurabashi Building and Ichigo Jingumae Building were the main reasons for the decline in office occupancy and in the 'Central 6 Wards' region. Conversely, new leasing agreements at Ichigo Minamiotsuka Building and Ichigo Nagoya Building led to increases in occupancy rates in 'Other Metropolitan Area' and 'Four Major Cities'. For the vacated units, leasing efforts are focused on early re-occupancy. Additionally, to enhance tenant satisfaction and profitability, Ichigo Tachikawa Park-dori Building secured leases at market-appropriate rents for units that were vacant upon acquisition, demonstrating an implemented revenue growth scenario.