Execution of Specific Investments in Automotive, Aviation, Infrastructure, Retail and Other Sectors

「Cash used in investing activities during the current fiscal year amounted to ¥86.608 billion, mainly due to investments in an Australian infrastructure development company and an Australian public transportation business.」

「Name of acquired companies • Capella Capital Pty Ltd • Capella Infrastructure Investments Pty Ltd Acquisition date 19 June 2025 Voting rights acquired 94.03% Name of acquired company 日本エイアンドエル株式会社 Acquisition date 30 June 2025 Voting rights acquired 66.5%」

「As customer needs related to electrification and decarbonization diversify, the company aims to strengthen its energy solutions business by establishing an integrated service platform for the transition to non-fossil energy, including electrification, through collaboration with the Sojitz Group's energy-efficiency services business.」

「Cash used in investing activities during the interim consolidated accounting period amounted to ¥36.625 billion, mainly due to an investment in a Vietnamese SaaS company and the acquisition of property, plant and equipment.」

「During the fiscal year, the Group acquired 100% of the voting rights in the SILABA MOTORS, S.A.-related businesses, comprising SILABA MOTORS, S.A. and PREMIUM PROPERTIES INTERNATIONAL, S.A., which owns the real estate used by SILABA MOTORS, S.A., thereby obtaining control of those businesses.」

「On 17 November 2023, the Group acquired all shares of DaiTanViet Joint Stock Company and obtained control of the company.」

「Revenue increased 5.4% year on year to ¥18.375 billion, due to the acquisition of a business jet operations and maintenance company, among other factors.」

「Revenue increased 29.0% year on year to ¥94.913 billion, due to the acquisition of an overseas used-car sales business, among other factors.」

「Specifically, the company is strengthening initiatives in Japan and overseas across infrastructure and healthcare, including the US energy-efficiency services business, an Australian solar power generation business and a Philippine telecommunications tower business; in retail in growth markets such as Southeast Asia and India, including the acquisition of all shares of seafood processor Marine Foods and collaboration with Vietnam's leading company Vinamilk; and in materials and the circular economy, including a home appliance and electronics recycling business in Canada and a fluorinated compound manufacturing business in Kitakyushu, Fukuoka Prefecture.」

「Cash used in investing activities during the first nine months of the fiscal year was ¥46.266 billion, due to aircraft-related transactions and contributions to an office building development project in the Philippines, among other factors.」

「Cash used in investing activities during the first six months of the fiscal year was ¥44.231 billion, due to aircraft-related transactions and contributions to an office building development project in the Philippines, among other factors.」

「Revenue increased 52.9% year on year to ¥9.671 billion, due to growth in defense-related transactions and the acquisition of an aircraft catering-related company. Revenue increased 44.7% year on year to ¥21.665 billion, due to the acquisition of the US energy-efficiency services business. Cash used in investing activities during the first three months of the fiscal year was ¥21.434 billion, due to contributions to an office building development project in the Philippines, among other factors.」

「During the fiscal year, the company made approximately ¥150 billion in investments, including investments in the US energy-efficiency services business in infrastructure and healthcare, and the acquisition of a seafood processing company in retail and consumer services.」

「Cash used in investing activities during the first nine months of the fiscal year was ¥104.203 billion, due to investments in aircraft-related transactions and the US energy-efficiency services business, among others.」

「Cash used in investing activities during the first six months of the fiscal year was ¥67.061 billion, due to investments in aircraft-related transactions and the natural gas-fired power generation and desalination businesses, among others.」

「Cash used in investing activities during the first three months of the fiscal year was ¥42.518 billion, due to investments in aircraft-related transactions and the natural gas-fired power generation and desalination businesses, among others.」

「Profit before income taxes was ¥24.092 billion, down ¥22.706 billion year on year, despite improvements in selling, general and administrative expenses due to lower property-related expenses and other factors, as well as an increase in other income and expenses resulting from the sale of commercial facilities, the additional acquisition of a solar power generation company and the partial sale of a gas-fired power generation company. The decline in gross profit and lower share of profit or loss of investments accounted for using the equity method also contributed to the decrease.」

「In fiscal 2019, we invested ¥81,000 million in areas including an automotive sales finance company, renewable energy such as solar power and offshore wind power, infrastructure businesses including communications towers, airports and commercial facilities.」

「Cash used in investing activities during the first nine months of the fiscal year was ¥35.2 billion, due to investments in the Myanmar telecommunications infrastructure business and the acquisition of property, plant and equipment related to interests in Australian metallurgical coal mines, among other factors.」

「Cash used in investing activities during the first six months of the fiscal year was ¥21.334 billion, due to spending on investments in the automotive self-financing business, Taiwan offshore wind power generation business and US gas-fired power generation business, among others.」

「Cash used in investing activities during the first three months of the fiscal year was ¥9.727 billion, due to spending on investments in the Taiwan offshore wind power generation business and airport operations business, among others.」

「Cash used in investing activities during the first nine months of the fiscal year was ¥32.45 billion, as spending on investments in the US gas-fired power generation business and capital expenditures in the solar power generation business, among others, exceeded proceeds from the sale of investments.」

「Cash used in investing activities during the first six months of the fiscal year was ¥25.77 billion, as spending on investments in the US gas-fired power generation business and capital expenditures in the solar power generation business, among others, exceeded proceeds from the sale of investments.」

「Although there were cash inflows from the sale of investments and other sources during the current three-month consolidated period, cash used in investing activities amounted to ¥8.398 billion due to expenditures for investments in a U.S. gas-fired power generation business, a Vietnamese paper business and other investments. Total assets at the end of the current three-month consolidated period increased by ¥1.6484 billion from the end of the previous fiscal year to ¥2.366835 trillion, mainly due to an increase in property, plant and equipment resulting from the acquisition of an overseas paper business company.」

「Although there were cash inflows from the sale of investments and other sources during the current nine-month consolidated period, cash used in investing activities amounted to ¥90.976 billion due to expenditures for investments and financing in infrastructure and automotive-related businesses.」

「Although there were cash inflows from the collection of loans and other sources during the current six-month consolidated period, cash used in investing activities amounted to ¥37.611 billion due to expenditures for the acquisition of a North American automotive parts quality inspection business and other investments.」

「Although there were cash inflows from the collection of loans and other sources during the current three-month consolidated period, cash used in investing activities amounted to ¥10.180 billion due to expenditures for the acquisition of a U.S. gas-fired power generation business and other investments.」

「Revenue increased 6.7% year on year to ¥80.529 billion, mainly due to new acquisitions in the overseas IPP business.」

「Revenue increased 4.6% year on year to ¥55.766 billion, mainly due to new acquisitions in the overseas IPP business. The company generated proceeds from the sale of investments during the period, but expenditures, including capital expenditures for the domestic solar power generation business, exceeded cash inflows.」

「In connection with the acquisition of shares on 12 May 2016 and the dispatch of directors on 26 May 2016, TRISTAGE INC., listed on the Tokyo Stock Exchange Mothers market, became an equity-method associate.」

「The company invested in and provided financing to an automotive dealership business, a used aircraft business, renewable energy and IPP businesses in the Environment and Industrial Infrastructure field, a North American railway business, a convenience store business in Vietnam, and other areas.」