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31st Fiscal Period (2020/10) Results ■31st fiscal period (2020/10) management highlights and future initiatives 31st fiscal period (2020/10) management highlights and future initiatives Impact, etc. of COVID-19 DPU history Portfolio appraisal profit and NAV per unit ■31st fiscal period (2020/10) results, 32nd fiscal period (2021/4) earning forecasts and 33rd fiscal period (2021/10) earning forecasts Outline of 31st fiscal period (2020/10) financial results 32nd (2021/4) and 33rd (2021/10) fiscal periods earnings forecasts ■Portfolio overview Portfolio growth and changes in the number of properties Portfolio diversification ■External growth Outline of the asset reshuffle in 31st fiscal period (2020/10) Property acquired and sold in and after the 31st fiscal period (2020/10) Track record of asset reshuffle in and after 21st fiscal period (2015/10) ■Internal growth Changes in occupancy and turnover ratio for office buildings Trends in move-ins/outs and rent changes upon tenant turnover for office buildings Status of rent revisions with existing tenants Rent gap of KDO office buildings Construction expense (actual/budget) Leasing status of properties expected to be low occupancy View on changes in office needs Initiatives for diversifying office needs End-tenants of KDO office buildings Efforts of ESG ■Financial strategy Status of debt financing Historical changes in LTV and status of interest-bearing debt financing ■Future initiatives