Debt Financing Summary

Major Financial Indicators

As of December 31, 2025

Balance of Interest-Bearing Debt	127,600 million yen	Long-term Debt Ratio	96.1%
LTV (total assets basis)	45.1%	Fixed-Interest Ratio	77.3%
Average Interest Rate	1.13%	Average Term for Repayment	4.2 years

LTV (Total asset basis) refers to the figure at the end of the latest determined fiscal period.

Status of Interest-Bearing Debt

Long-Term debt(Fixed)	60,630 million yen	Short-Term debt(Fixed)	0 million yen
Long-Term debt(Floating)	23,970 million yen	Short-Term debt(Floating)	5,000 million yen
Investment Corporation Bonds	38,000 million yen	Balance of Interest-Bearing Debt	127,600 million yen

Balance of Debt by Remaining Period

As of December 31, 2025

(100 millions of yen)

Loans by Lender

As of December 31, 2025

Lender	Balance (millions of yen)	Long-term Debt (millions of yen)	Short-term Debt (millions of yen)	Share (%)

Mizuho Bank, Ltd.	20,785	15,785	5,000	23.2
MUFG Bank, Ltd.	13,005	13,005	0	14.5
Development Bank of Japan Inc.	12,800	12,800	0	14.3
Sumitomo Mitsui Banking Corporation	8,270	8,270	0	9.2
Mizuho Trust & Banking Co., Ltd.	7,807.5	7,807.5	0	8.7
The Norinchukin Bank	7,412.5	7,412.5	0	8.3
The Dai-ichi Life Insurance Company, Limited	6,000	6,000	0	6.7
Resona Bank, Ltd.	3,400	3,400	0	3.8
Sompo Japan Insurance Inc.	2,500	2,500	0	2.8
Aozora Bank, Ltd.	2,500	2,500	0	2.8
Sumitomo Mitsui Trust Bank, Limited	1,620	1,620	0	1.8
Tokio Marine & Nichido Fire Insurance Co., Ltd.	1,500	1,500	0	1.7
The Bank of Fukuoka, Ltd.	1,000	1,000	0	1.1
Shinkin Central Bank	1,000	1,000	0	1.1
Total	89,600	84,600	5,000	100.0