Distributions

Distributions

Cash Distributions Forecast for the 23rd Fiscal Period Ending September 30, 2017 Estimated Distributions
Distribution per unit 1,820 yen

The 23rd fiscal period is from April 1, 2017 to September 30, 2017.
The aforementioned forecast and calculations are based on certain assumptions as of May 15, 2017.
Accordingly, the actual cash distribution may differ from the forecast due to the future acquisition and disposition of properties, changes in the real estate market and other conditions confronting Japan Rental Housing Investments Inc.. We do not guarantee payment of the forecast cash distribution per unit.

Unitholders on record as of September 30, 2017 are eligible for the receipt of cash distributions.
The final trading day on the Tokyo Stock Exchange for cash distribution eligibility is September 26, 2017.

Cash Distributions Forecast for the 24th Fiscal Period Ending March 31, 2018 Estimated Distributions
Distribution per unit 1,860 yen

The 24th fiscal period is from October 1, 2017 to March 31, 2018.
The aforementioned forecast and calculations are based on certain assumptions as of May 15, 2017.
Accordingly, the actual cash distribution may differ from the forecast due to the future acquisition and disposition of properties, changes in the real estate market and other conditions confronting Japan Rental Housing Investments Inc.. We do not guarantee payment of the forecast cash distribution per unit.

Unitholders on record as of March 31, 2018 are eligible for the receipt of cash distributions.
The final trading day on the Tokyo Stock Exchange for cash distribution eligibility is March 27, 2018.

Cash Distributions Forecast for the 22nd Fiscal Period Ending March 31, 2017 Actual Distributions
Distribution per unit 1,901 yen

The 22nd fiscal period was from October 1, 2016 to March 31, 2017.
The distributions payment will start on June 12, 2017.

Unitholders on record as of March 31, 2017 are eligible for the receipt of cash distributions.
The final trading day on the Tokyo Stock Exchange for cash distribution eligibility was March 28, 2017.

Distribution per Unit

(yen)

*The Investment Corporation completed a four-for-one investment unit split in July 2010. Distribution per unit will be the values after the split from the ninth fiscal period ended September 2010. For reference purposes, distribution per unit that are a quarter of historical values are listed.

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