as of December 31, 2024

(Thousands of Yen)

Assets	End of 45th Fiscal Period (Jun. 30, 2024)	End of 46th Fiscal Period (Dec. 31, 2024)
Current assets
Cash and deposits	24,118,071	37,313,645
Cash and deposits in trust	12,507,364	12,668,080
Operating accounts receivable	712,213	746,971
Prepaid expenses	127,907	135,890
Consumption taxes receivable	224,909	ー
Other	20,361	20,339
Total current assets	37,710,828	50,884,927
Noncurrent assets
Property, plant and equipment
Buildings	73,007,638	68,156,436
Accumulated depreciation	△26,516,433	△24,927,946
Buildings, net	46,491,205	43,228,489
Buildings in trust	102,052,278	104,099,502
Accumulated depreciation	△40,959,277	△42,165,723
Buildings in trust, net	61,093,001	61,933,779
Structures	100,015	86,164
Accumulated depreciation	△46,450	△40,943
Structures, net	53,565	45,221
Structures in trust	135,234	140,319
Accumulated depreciation	△86,996	△89,363
Structures in trust, net	48,238	50,955
Machinery and equipment	916,009	859,620
Accumulated depreciation	△634,510	△581,109
Machinery and equipment, net	281,499	278,511
Machinery and equipment in trust	2,016,995	2,073,704
Accumulated depreciation	△1,559,923	△1,589,309
Machinery and equipment in trust, net	457,071	484,394
Tools, furniture and fixtures	272,280	258,375
Accumulated depreciation	△156,420	△154.634
Tools, furniture and fixtures, net	115,860	103,740
Tools, furniture and fixtures in trust	353,867	377,034
Accumulated depreciation	△231,445	△244,796
Tools, furniture and fixtures in trust, net	122,421	132,237
Land	145,964,796	130,965,427
Land in trust	230,946,581	236,484,790
Construction in progress	34,704	25,254
Construction in progress in trust	5,973	4,818
Total property, plant and equipment	485,614,920	473,737,622
Intangible assets
Leasehold right	11,801,831	11,801,831
Other	11,239	13,310
Total intangible assets	11,813,070	11,815,141
Investments and other assets
Investment securities	88,860	88,860
Lease and guarantee deposits	800,934	849,217
Long-term prepaid expenses	709,486	781,276
Other	720	720
Total investments and other assets	1,600,000	1,720,073
Total noncurrent assets	499,027,991	487,272,836
Deferred assets
Investment corporation bond issuance costs	124,706	112,888
Investment unit issuance expenses	7,930	670
Total deferred assets	132,637	113,559
Total assets	536,871,456	538,271,324

Liabilities	End of 45th Fiscal Period (Jun. 30, 2024)	End of 46th Fiscal Period (Dec. 31, 2024)
Current liabilities
Operating accounts payable	3,467,323	3,085,457
Short-term loans payable	17,000,000	8,000,000
Current portion of investment corporation bonds	3,000,000	ー
Current portion of long-term loans payable	21,000,000	23,900,000
Accounts payable-other	972,707	1,312,416
Accrued expenses	67,152	70,681
Income taxes payable	605	605
Accrued consumption taxes	160,699	759,897
Advances received	2,894,872	2,876,441
Other	172	9,653
Total current liabilities	48,563,533	40,015,153
Noncurrent liabilities
Investment corporation bonds	27,900,000	27,900,000
Long-term loans payable	161,500,000	170,600,000
Tenant leasehold and security deposits	10,606,453	9,908,995
Tenant leasehold and security deposits in trust	14,596,719	14,930,097
Total noncurrent liabilities	214,603,173	223,339,092
Total liabilities	263,166,706	263,354,246

Net assets	End of 45th Fiscal Period (Jun. 30, 2024)	End of 46th Fiscal Period (Dec. 31, 2024)
Unitholders' equity
Unitholders' capital	261,751,240	261,751,240
Surplus
Voluntary reserve
Reserve for reduction entry	4,418,095	4,370,933
Total voluntary reserve	4,418,095	4,370,933
Unappropriated retained earnings (undisposed loss)	7,535,414	8,794,903
Total surplus	11,953,509	13,165,837
Total unitholders' equity	273,704,750	274,917,077
Total net assets	273,704,750	274,917,077
Total liabilities and net assets	536,871,456	538,271,324