Disclaimer

The financial products described in this document do not constitute a solicitation, investment invitation, or recommendation for the sale or purchase of specific securities, financial products, or transactions. Except for statements regarding past or current facts, this document presents assumptions or judgments based on information available to the Company at the time of its creation, and these forward-looking statements inherently contain known and unknown risks and uncertainties. Therefore, the actual performance, operating results, financial condition, etc., after the fund's operation begins, may differ from the Company's expectations. The contents, scheme diagrams, properties under consideration for acquisition, etc., described in this document are conceptual at the time of its creation and may be changed or abolished without prior notice. Furthermore, the Company does not provide any guarantees or assume any obligations regarding the fund's operation. Unless otherwise specified, the copyright and other rights to this document belong to the Company. The publication, disclosure, or provision of this document to any third party other than your company without the Company's prior written consent is strictly prohibited.

Disclosure under the Financial Instruments and Exchange Act

＜Financial Instruments Business Operator＞

Company Name	Profits Co., Ltd.
Contact	Real Estate Investment Management Department 03-6721-1993
Registration Number	Kanto Local Finance Bureau (Financial Instruments Business) No. 3306
Member Associations	Japan Type II Financial Instruments Firms Association Japan Investment Advisers Association

Explanation of Transaction Risks:
If your company (or you) acquires these trust beneficial interests, there is a risk of incurring losses directly caused by fluctuations in the following indicators.

Real estate market conditions	The principal of these trust beneficial interests is dependent on the value of the real estate. Therefore, fluctuations in real estate market conditions, such as real estate prices and rents, may lead to a decrease in the principal of these trust beneficial interests. Furthermore, depending on changes in real estate prices, the liabilities within the trust account under the trust agreement may exceed the trust assets, resulting in insolvency.
Occupancy rate and rent levels Interest and various expenses	Trust income and the distribution of principal upon termination of the trust are derived from the trust real estate and based on cash flow. Therefore, fluctuations in the occupancy rate (vacancy rate) of the trust real estate, rent levels (including those influenced by surrounding market conditions and those specific to the trust real estate), interest rate fluctuations, and changes in necessary expenses for the rental business may lead to a decrease in trust income, a loss of principal, or the need for additional capital contributions for cleaning vacant units, renovations, or similar expenses.
Loss, damage, or deterioration	Trust income and the distribution of principal upon termination of the trust are derived from the trust real estate and based on cash flow. Therefore, the loss, damage, or deterioration of the trust real estate may lead to a decrease in trust income, a loss of principal, or the need for additional capital contributions for rebuilding or repair costs.
Defects	Trust income and the distribution of principal upon termination of the trust are derived from the trust real estate and based on cash flow. Therefore, defects in the trust real estate may lead to a decrease in trust income, a loss of principal, or the need for additional capital contributions for repairs or other remedies.
Disaster risks such as earthquakes and environmental risks such as soil contamination	Trust income and the distribution of principal upon termination of the trust are derived from the trust real estate and based on cash flow. Therefore, if all or part of the trust real estate is lost, damaged, or deteriorated due to disasters such as earthquakes, or if defects such as soil contamination are discovered, there may be a decrease in trust income, a loss of principal, or a need for additional capital contributions.

Matters concerning fees, remuneration, and other consideration:
If the sale and purchase of these trust beneficial interests is concluded, you will pay us the following as brokerage fees:
Sale price of these trust beneficial interests (excluding tax) × 3% + 60,000 yen + consumption tax equivalent

Remarks:
None