Consolidated Financial Results for the Three Months of Fiscal Year Ending March 31, 2021 August 5, 2020

Consolidated Financial Results For the Three Months of Fiscal Year Ending March 31, 2021 August 5, 2020

Financial Highlights 4 International Business 1 Business Results of CSI Leasing 27 Ordinary Income by Operating Segment & ROA 5 International Business 2 28 Balance of Segment Assets by Operating Segment 6 Initiatives Utilizing Joint Crediting Mechanism (JCM) Change of Global Assets Ratio 7 Business Alliance with NTT in All Four Operating Segments 29 FY2020 Consolidated Results Forecast 8

2. Results by Operating Segment 4. New Fourth Medium-Term Management Plan Results of Equipment Leasing 10 The New Fourth Medium-Term Management Plan 31 Results of Mobility & Fleet Management 11 Highlight 1 - Management Indicator Balance of Segment Assets and Transaction Volume 12 The New Fourth Medium-Term Management Plan 32 in Mobility & Fleet Management Highlight 2 - Shareholder Returns Policy Results of Specialty Financing 13 Continually Evolving “Finance x Service x Business Expertise” 33 Balance of Segment Assets in Specialty Financing 14 Business Model 4 Results of International Business 15 Balance of Segment Assets in International Business 16 5. Appendix

3. Major Topics State of Income 35 Balance Sheet 36 Business Summary by Operating Segment 18 Interest-Bearing Debt 37 Major Topics by Operating Segment 19 Quarterly Changes in Results by Subsidiary 38 Equipment Leasing 1 NTT TC Leasing 20 in Mobility & Fleet Management Mobility & Fleet Management 1 Alliance Strategy: Partnership with 21 Transition of Business Portfolio 39 Advanced Mobility Solution Provider Consolidated Revenues Breakdown 40 Mobility & Fleet Management 2 NRS Updates 22 Promotion of Sustainability Management 41 Specialty Financing 1 Business Results of ACG 23 List of Materiality (Key Issues) and SDGs Specialty Financing 2 Asset Management at ACG 24 External Evaluation: Inclusion in Global Indexes 42 Specialty Financing 3 Fund Procurement at ACG 25 Major Group Companies (Domestic) 43 Specialty Financing 4 Fund Procurement for the Acquisition of ACG 26 Major Group Companies (Overseas) 44

Ordinary income increased 4.9% YoY to ¥25.1 billion

（Billions of yen） FY 2019 FY 2020 FY 2020 Forecast Q1 Result Q1 Result Change % Change Announced on Achievement May 20, 2020 Rate Revenues 267.4 307.0 3 9.6 14.8% 1,200.0 2 5.6% Operating income 2 1.1 2 4.9 3 .8 17.9% 70.0 3 5.5% Ordinary income 2 3.9 2 5.1 1 .2 4.9% 75.0 3 3.5% Net income attributable to owners of parent 1 3.7 1 5.0 1 .3 9.2% 45.0 3 3.3%

ROE（Net income / Shareholders' equity) *1 12.8% 10.8% -2.0pt Average foreign exchange rate (USD1) ¥110.23 ¥ 108.87

Mar. 31, 2020 Jun. 30, 2020 Change % Change Total assets 5,608.6 5,677.8 6 9.2 1.2%

Balance of segment assets 4,773.0 4,739.0 - 34.0 -0.7%

Shareholders' equity 554.5 559.7 5 .2 0.9%

Shareholders' equity ratio 9.9% 9.9% -

* Profit rates (ROE, ROA, etc.): Annualized

Increased in Specialty Financing due to the consolidation of ACG

Ordinary income＊ ROA

（Billions of yen）

FY2019 FY2020 Q1 Result Q1 Result Change

2.1% 1.9% -0.2%

2.8% 2.1% -0.7%

4.0% 2.8% -1.2%

2.5% 2.5% -

2.6% 2.1% -0.5%

Segment assets increased YoY, except International Business

(Billions of yen)

（A) （B) （B-A)

GAlCoGbaのl 連as結se化t rにat伴io いin、cグreロaーseバdル d資ue産 to比 th率e はco4n5s％olまidでat上ion昇 o（f A前C期G末比+15pt）

FY2017－FY2018 FY2019 Q3 － FY2020 Q1

(Billions of yen) Due to the consolidation of （ 45％）（ 44％）（ 44％） ACG in December, 2019 global assets increased 2,099.8 2,089.4 2,074.5 approximately ¥1 trillion 255.8 278.9 267.0 USA and Europe 248.1 231.7 212.0

（ 30％）（ 31％） East Asia and ASEAN 1,097.1 1,027.8 249.9 243.3 Shipping, Aviation 1,595.9 1,578.9 1,595.5 263.1 and Others 219.3

565.2 584.2

Mar. 31, 2018 Mar. 31, 2019 Dec. 31, 2019 Mar. 31, 2020 Jun. 30, 2020 *US$1 = ¥113.05 US$1 = ¥110.91 US$1 = ¥107.96 US$1 = ¥109.55 US$1 = ¥108.87

* USD-JPY exchange rates applied to the company’s major overseas subsidiaries

2N0o1 9r年ev度is4ioQnよ toり AthCeG 連co結ns化oにlidよaるte、d利 r益es貢ul献tsを fo見re込cんasでt いanるnたoめu、n売ce上d 高on・各M利ay益 2予0,想 2値02を0上方修正

There is no change in FY2020 consolidated results forecast although the stagnation of economic activity and slump in consumption impacted by the spread of COVID-19 are expected to continue longer than initially expected at the time FY2020 consolidated results forecast was prepared

(Billions of yen)

FY 2020 Forecast FY 2019 ＃ Result Change % Change

Revenues 1 1 ,166.6 1 ,200.0 33.4 2 .9%

Operating income 2 88.3 70.0 - 18.3 - 20.8%

Ordinary income 3 91.1 75.0 - 16.1 - 17.7% Net income attributable to owners of 4 56.3 45.0 - 11.3 - 20.1% parent

Net income per share 5 ¥524.96 ¥368.72 -¥156.24 - 29.8%

Total dividends 6 ¥136 ¥136 - -

Dividend payout ratio 7 2 5.9% 3 6.9% 1 1.0pt

（Billions of yen） Major factors for change FY 2019 FY 2020 Q1 Result Q1 Result Change % Change Ordinary income Revenues 1 26.6 1 37.5 1 0.9 9% ∎ With expanding business collaborations with prime partners, Gross profit 10.1 9.4 - 0.7 -7% performance continued to be solid, although income decreased mainly due to a reactionary drop to an increase Operating income 7.1 6.7 - 0.4 -6% in re-leasing income in the same period of the previous Ordinary income 7.1 6.8 - 0.4 -5% fiscal year ROA（％） 2.1% 1.9% -0.2pt

Jun. 30, Jun. 30, Change % Change Balance of segment assets 2019 2020 Segment assets 1,384.5 1,429.8 4 5.3 3% ∎ Segment assets increased YoY mainly due to an increase of information and communication equipment Ordinary income

（Billions of yen） Other 7.1 -0.4 6.8 NTT TC Leasing started its operation

∎ Scheduled to post 50% of net income after taxes of NTT TC Leasing as equity in earning of affiliates from FY2020 Q2. Its income for nine months will be included in FY2020

FY2019 FY2020 Q1 Result Q1 Result

（Billions of yen）

FY 2019 FY 2020 Major factors for change Q1 Result Q1 Result Change % Change Ordinary income Revenues 83.4 85.0 1.6 2% Gross profit 17.7 17.2 -0.6 -3% ∎ NCS Operating income 4.2 3.4 -0.8 -18% Maintained the last Q1 level as a result of cost reduction and Ordinary income 4.2 3.4 -0.9 -20% others although gain on sales of vehicles declined due a stagnant used car export NCS 3.4 3.3 -0.1 -2% NRS 0.0 -0.7 -0.8 - ∎ NRS OAL 0.7 0.7 -0.0 -6% Decreased mainly due to a drop in car rental sales as a result of Others 0.1 0.1 0 .0 a fall in car rental demand for leisure and for business trip since March ROA（％） 2.8% 2 .1% - 0.7pt ∎ OAL NCS 3.7% 3 .6% -0.1pt Remained flat due to a slowdown in the number of vehicles NRS 0.4% - - delivered to customers as a result of delivery delays from OAL 1.4% 1 .2% - 0.2pt manufacturers Jun. 30, Jun. 30, Change % Change 2019 2020 Segment assets 6 07.6 6 32.5 24.9 4%

Ordinary income Other （Billions of yen） 4.2 -0.9 3.4 Impact by COVID-19（NRS） ∎ Car rental sales decreased sharply YoY since March due to the state-of-emergency declaration and voluntary restrictions on crossing prefectural borders (see P22)

FY2019 FY2020 Q1 Result Q1 Result

Segment assets of all three companies increased YoY

（Billions of yen）

QoQ Change Mar. 31, 2017 Mar. 31, 2018 Mar. 31, 2019 Mar. 31, 2020 Jun. 30, 2019 Jun. 30, 2020 YoY Change （A) （B) （B-A) Balance of segment assets *1 470.5 531.4 605.3 641.9 619.7 638.6 18.9 -3.4

NCS 314.7 336.7 368.2 378.5 370.4 371.6 1.2 -6.9 Percentage 66.9% 63.4% 60.8% 59.0% 59.8% 58.2% NRS 33.3 41.4 47.3 52.8 50.2 52.7 2.4 -0.1 Percentage 7.1% 7.8% 7.8% 8.2% 8.1% 8.3% OAL 122.4 153.3 189.7 210.7 199.1 214.3 15.2 3.7 Percentage 26.0% 28.8% 31.4% 32.8% 32.1% 33.5%

*1 Balance of segment assets in Mobility & Fleet Management as of June 30, 2020 (¥632.5 billion) = Total figures of the above three companies (¥638.6 billion) - Intercompany transaction amount (¥6.1 billion)

（Billions of yen）

FY 2016 FY 2017 FY 2018 FY 2019 FY 2019 FY 2020 Result Result Result Result Q1 Result Q1 Result Change % Change

Transaction volume *2 188.2 209.1 227.7 224.6 55.4 41.4 -14.0 -25.2%

NCS 129.1 139.8 146.3 141.7 34.2 24.7 -9.5 -27.7% OAL 59.1 69.3 81.3 82.9 21.2 16.7 -4.5 -21.3%

*2 NRS’s transaction volume (purchase amount of fleet) is not included since it’s car rental business is focused on assets turnover

（Billions of yen） Major factors for change FY 2019 FY 2020 Ordinary income Q1 Result Q1 Result Change % Change Revenues 34.3 59.7 25.4 74% ∎ Aviation Gross profit 11.5 21.3 9.8 85% Income increased mainly due to the consolidation* of ACG.. Operating income 9.0 14.1 5.1 56% Realized 100% of ACG’s earnings in FY2020 Q1 while Ordinary income 11.2 15.2 4.0 36% incorporated 20% as equity in earnings of affiliates in FY2019 Q1. ACG’s performance for FY2020 Q1 also increased (see P23) ROA（％） 4.0% 2.8% -1.2pt * For FY2019 Q3, the business result of ACG was recognized as equity Jun. 30, Jun. 30, Change % Change in earnings of affiliates. Inclusion of business results of ACG in the 2019 2020 consolidated statement of income starts from FY2019 Q4 while the Segment assets 1,118.6 2,184.0 1,065.4 95% consolidated balance sheets including segment assets started since FY2019 Q3.

Ordinary income （Billions of yen） Other 15.2 4.0 ACG: Stable finance and reduction of funding cost 11.2 ∎ In June, USD0.2 billion out of USD0.6 billion senior notes with coupon rate of 7.12% due Oct. 2020 were tendered. Issued USD1 billion aggregate principal amount of 5.50% senior unsecured notes in July which the net proceed from the notes will be partially used for repayment of outstanding indebtedness for the period of 2020-2021. (see P25)

FY2019 FY2020 Q1 Result Q1 Result

Segment assets in the aviation and real estate increased YoY

（Billions of yen）

Mar. 31, 2017 Mar. 31, 2018 Mar. 31, 2019 Mar. 31, 2020 Jun. 30, 2019 Jun. 30, 2020 QoQ Change YoY Change （A) （B) （B-A)

Balance of segment assets 897.6 978.9 1 ,142.4 2 ,147.9 1 ,118.6 2 ,184.0 1,065.4 36.1

Aviation 288.9 338.4 369.2 1 ,380.8 362.9 1 ,394.3 1,031.4 13.5 Percentage 32.1% 34.5% 32.3% 64.3% 32.4% 63.8%

Shipping 177.9 157.7 137.0 124.3 134.2 124.9 -9.3 0.6 Percentage 19.8% 16.1% 12.0% 5.8% 12.0% 5.7%

Environment and Energy 53.7 111.6 137.1 139.2 136.9 134.4 -2.5 -4.8 Percentage 6.0% 11.4% 12.0% 6.5% 12.2% 6.2%

Real estate 309.9 290.4 416.8 429.9 413.3 449.2 35.9 19.4 Percentage 34.5% 29.7% 36.5% 20.0% 37.0% 20.6%

Other * 67.1 80.8 82.1 73.7 71.2 81.2 10.0 7.5 Percentage 7.6% 8.3% 7.2% 3.4% 6.4% 3.7%

* Other includes factoring and others

（Billions of yen） Major factors for change FY 2019 FY 2020 Change % Change Q1 Result Q1 Result Ordinary income Revenues 23.3 25.1 1.8 7% ∎ Asia Gross profit 8.8 9.1 0.3 3% Operating income 3.2 3.6 0.4 13% Increased due to an decrease in funding cost in each local subsidiary of Tokyo Century due to monetary ease by central Ordinary income 3.2 3.1 -0.1 -2% banks in ASEAN Asia 1.3 1.8 0.5 38% USA and Europe 2.0 1.4 -0.6 -30% ∎ USA and Europe Others -0.1 -0.1 0 .0 Decreased mainly due to a reactionary drop to a temporary increase in income in TCUSA* and CSI in the same period of ROA（％） 2.5% 2.5% - the previous fiscal year. Basically, income increased steadily Asia 2.0% 3.3% 1.3pt except for the temporary factor. Europe,USA 3.2% 2.1% -1.1pt

Jun. 30, Jun. 30, Change % Change 2019 2020 * A subsidiary in the U.S. engaged in leasing and finance Segment assets 516.2 479.0 -37.2 -7% Other Ordinary income Status of subsidiaries and affiliated companies （Billions of yen） 3.2 -0.1 ∎ Lower procurement cost backed by global monetary ease 3.1 ∎ Careful credit decisions is underway for new deals especially in East Asia

FY2019 FY2020 Q1 Result Q1 Result

Segment assets decreased YoY mainly in East Asia

（Billions of yen）

Mar. 31, 2017 Mar. 31, 2018 Mar. 31, 2019 Mar. 31, 2020 Jun. 30, 2019 Jun. 30, 2020 QoQ Change YoY Change （A) （B) （B-A) East Asia 48.8 64.7 59.7 32.4 66.1 25.8 - 40.3 -6.6 percentage 1 0.7% 1 4.0% 1 1.6% 6.3% 1 2.8% 5.4%

ASEAN 138.7 154.6 203.3 199.3 202.2 186.2 - 16.0 -13.1 percentage 3 0.3% 3 3.4% 3 9.6% 3 9.0% 3 9.2% 38.9%

Total of Asia (a) 187.5 219.3 263.1 231.7 268.3 212.0 - 56.3 -19.7 percentage 4 1.0% 4 7.4% 5 1.3% 4 5.4% 5 2.0% 44.3%

USA and Europe (b) 235.4 243.3 249.9 278.9 247.9 267.0 1 9.1 -11.9 percentage 5 1.5% 5 2.6% 4 8.7% 5 4.6% 4 8.0% 55.7%

Global vendor * 34.5 －－－－－－－ percentage 7.5% －－－－－

Total in International Business 457.4 462.6 512.9 510.6 516.2 479.0 -37.2 - 31.6

excl. CSI non-recourse loan 3 20.1 325.1 371.7 353.9 371.5 324.3 -47.1 - 29.6

Total of each region (a) + (b) 422.9 462.6 512.9 510.6 516.2 479.0 -37.2 - 31.6

* Transferred to Equipment Leasing in FY2017

3. Major Topics

Equipment Leasing Specialty Financing Provide financial services for a wide range of assets including Provide financial services for shipping, aviation, information and communication equipment, while enhancing the environment & energy, real estate, structured finance the efforts to promote businesses concerning IT solutions, and others, by utilizing our highly specialized expertise subscriptions, and viable businesses Shipping: Creating new businesses along with core partners and Undertaking a wide range of joint ventures along with prime promoting ROA improvements partner companies, while structuring and providing diverse Aviation: Converted ACG a wholly owned subsidiary, a leading financing programs to boost the value of leasing business through U.S.-based commercial aircraft lessor to expand the aviation these business collaborations business NTT TC Leasing, a JV established with the NTT Group, started its Environment & Energy: Expanding the solar power generation operation. The JV deals with businesses originally spun off from business primarily through Kyocera TCL Solar and started examining the leasing and global businesses of NTT Finance the prospective collaboration with NTT Anode Energy Expanding the viable businesses by converting Amada Lease to a Real Estate: Expanding the real estate business through the subsidiary and making ITOCHU TC Construction Machinery an acquisition of shares in Shinko Real Estate, a comprehensive real equity-method affiliate estate company Mobility & Fleet Management International Business Provide automobile leasing for corporate customers and Provide tailored, specialized services to meet unique needs of individuals and car rental, which boast the leading lineup, to each country by promoting alliance strategies with local blue- provide the best suited quality service depending on purpose chip companies and financial institutions and others Expanding overseas networks over 30 countries and regions Nippon Car Solutions (mainly for corporate customers): worldwide, including East Asia and ASEAN, Americas, Europe and Offering a variety of car-related services leveraging telematics to other countries promotes safe driving and others. USA : CSI Leasing with high expertise and consulting capability Nippon Rent-A-Car Service (car rental): Focusing on to in IT equipment, has been expanding its businesses improve customer convenience through data utilization and Converted API, which has core strengths in work trucks promoting the DX strategy including enhancement of the earning structure through the adoption of business strategies that suit and vans for package delivery to a wholly owned each region subsidiary Orico Auto Leasing (mainly for individuals): Expanding ASEAN : Strategic partnership with Grab, the ride-hailing platform automobile leasing for individuals through “Koala Club”, an giant in the region agency organization (more than 1,100 agencies) as a platform Myanmar: Acquired 20% shares in Yoma Fleet, the largest auto leasing company in the country

Promote collaborations with NTT: NTT TC Leasing started operation as the first step of capital and business alliance

Tokyo Century Equipment Leasing Mobility & Fleet Management Specialty Financing International Business

IoT subscription market place “IoT SELECTION connected with SORACOM” expanded to a total of 17 solutions, including new solutions : remote and central monitoring of plant power usage; a watch-over service using communication function-equipped IoT LED bulb; automatic feeder utilizing AI to optimize feeding at aquaculture and; traffic survey using AI-equipped camera and image recognition technology Concluded an agreement to invest about JPY50 billion in Ukujima Future Energy Holdings G.K. to jointly continue exploring the Apr. solar power generation project with Kyocera, SPCG Public Company Limited, Kyudenko, Furukawa Electric, and Tsuboi Corporation, allowing the land to be concurrently utilized for both power generation and agriculture Started operating Kanoya Osaki Solar Hills Solar Power Plant with a capacity of 100 megawatt, the largest plant in Kyushu region of Japan that was under construction through a solar power venture jointly established by GF, Kyocera, Kyudenko, and Tokyo Century

NTT TC Leasing, a JV established with the NTT Group, started its operation. The JV deals with businesses originally spun off from the leasing and global businesses of NTT Finance. Obtained a “BBB” rating from S&P Global Rating Japan (S&P) to raise foreign currency procurement capability and to

0 enhance credit standings of its subsidiaries and affiliates overseas, including Aviation Capital Group（ACG） 2

0 Concluded a capital and business alliance agreement with Mobility Technologies (MoT). MoT operates Taxi hailing apps, “Japan

2 Taxi” and “MOV”, the largest number of downloaded apps in Japan while taking a lead in promoting initiatives in the field of MaaS

Y through providing services to boost Japan’s taxi industry F “IoT SELECTION connected with SORACOM” expanded to a total of 20 solutions, including new solutions: a customer behavior trend analysis, “WALK INSIGHTS”; congestion monitoring, “MMsmartMonitor” to prevent 3Cs (closed spaces, Jul. crowded places, and close- contact settings) and; order placement mobile app, ”Okage Go to go” (tentative). It established a special webpage, “anti-COVID-19 solutions ACG issued senior unsecured notes under Rule 144A and Regulation S of the Securities Act with an aggregate principal amount of US$1 billion (Coupon rate: 5.50% per annum; Maturity: December 2024) Issued hybrid bonds (subordinated bonds) with the aim of raising additional fund related to the conversion of ACG as a wholly owned subsidiary, and to reinforce the Company’s financial foundation and to increase the flexibility of financial strategy while avoiding share dilution or decline in ROE Completed the acquisition of 14.9% of outstanding ordinary interest in the shareholding company of the Advantage Partners Group (AP Group) and subscription of equity financing in order to further strengthen alliance with AP Group in accordance with a definitive agreement of a strategic partnership

All Rights Reserved, Copyright © Tokyo Century Corporation 19 Equipment Leasing 1 NTT TC Leasing 固定価格 First step of business alliance with NTT starts: Completed acquisition of shares in NTT TC Leasing in July

NTT TC Leasing starts operating in July Integrate NTT’s customer base and Tokyo Century’s financial services and solutions Equity-method affiliate of Impact on the financial results of Major businesses Tokyo Century Tokyo Century

Leasing and Global Business NTT Finance Balance Sheet • Segment assets increases • Leasing for corporate customers 10％ • Installment sales, loan, factoring Tokyo • Structured finance Century Approx. ¥60 billion • Aviation and ship financing, JOL, etc. 50％ Capital To be included in the segment assets of B/S Breakdown Equipment Leasing from FY2020 2Q NTT • Assets: 1.3 tn • Liabilities: 1.2 tn 40％ Statement of Income • 50% of net income after taxes of NTT TC （Scheduled to be in October 2020) Leasing is to be included from FY2020 Q2

Capital and business alliance with Mobility Technologies (MoT), Taxi apps operator

∎ Advanced mobility solution provider taking a lead in promoting MaaS (Mobility as a Service) in Japan

Operating two taxi apps Tokyo Century invested JapanTaxi MOV a total of • Service area: ¥1.575 billion Nationwide in Japan through third-party allotment • The number of apps downloaded: The largest scale in Japan Cooperate with other ∎ Shareholding companies: shareholders of MoT as Nihon Kotsu Holdings, DeNA, a business partner TOYOTA MOTOR, NTT DOCOMO, etc.

Expand collaboration in addition to equipment leasing and asset management

MaaS Self-Driving Smart City

Revenues from car rental sales decreased due to the impact by COVID-19

Car rental sales*1 (YoY change) １．Revenues

∎ Revenues since March declined YoY due to the state-of- emergency declaration and voluntary restrictions on crossing prefectural borders

109.5% Travel needs for sightseeing, business 106.1% trips, etc. dropped due to COVID-19 ２．Anti-COVID-19 Measures

79.9% ∎ Operation of sales branches • Thorough cleaning inside its fleet, including sterilization to prevent infection and spread of virus, in addition to keeping 58.2% them clean 47.0% • Short business hours at sales branches depending on the 35.1% demand and streamline branches in close areas

∎ Management of fleet operation rate • Commutation support plan: Support the access to office to avoid rush hours of public transportation • Manage the number of fleet depending on the operating status Jan. Feb. Mar. Apr. May Jun. ∎ Promotion of the DX strategy *2 Q1 Q2 • Improve customer convenience through data utilization and enhance the earning structure through the adoption of *1．Sales from car rental out of NRS’s revenues *2．Fiscal year end of NRS is December. (Q1: January to March) business strategies that suit each region

Revenues and income increased in FY2020/1Q (January – March)

Business results Major Factors for Change

(USD million) ∎ Ordinary income FY 2019 FY 2020 Increased despite taking reserves for uncollected lease payments Q1 Result Q1 Result Change %Change of certain airlines, covered by maintenance revenue and gain on sale of flight equipment Total revenues 260 302 42 16% Operating lease revenue 249 250 0 0% ∎ Segment assets Total expenses 198 234 36 18% Segment assets remained flat due to delivery delays of Boeing 737 MAX Asset impairment 1 8 8 - Bad debt expense - 22 22 - Income before income taxes 63 68 6 9% Owned, managed and committed aircraft Net income 62 66 4 7% ※ 600 485 484 480 439 ROA（％） 2.6% 2.7% 0.1pt 400 179 165 156 164 ■ Firm orders/Commitments FY2019 FY2020 Change %Change 200 Q1 End Q1 End 275 306 319 324 ■ Owned/Managed Segment assets 9,697 10,050 353 4% 0 FY2017 Q4 FY2018 Q4 FY2019 Q4 FY2020 Q1

Global Fleet Solutions with Highly Liquid Narrow-Body Aircraft

Liquidity Management Global Portfolio

Average fleet age: 5.2 years Maintain a pool of young aircraft with flexible Leasing aircraft to more than 90 airlines over 45 countries worldwide change in its portfolio

Narrow body: 86% Extensive global network High liquidity asset, mainly narrow-body aircraft that comprises about 70% of all in-service aircraft Top 10 Countries *2 worldwide South Asia Middle East 5% *1. 2 & Africa 1. China 15% Lease maturity rate per year 9% Asia Pacific 2. United States 10%

45% 40% 27% 3. Vietnam 8% Central America 40% & Mexico 10% 4. Indonesia 8% 35% Lease-end fleet management Portfolio 5. Russian Federation 8% 30% (Average remaining lease term: 6.9 years) by region *2 China 6. South Korea 6% 25% 15% 7. India 6%

20% Europe 21% 8. Israel 5% 15% United States 11% 10% & Canada 9. Poland 4% 10% 9% 8% 7% 7% 3% 5% 13% 10. Argentina 4% 5%

0% 2020 2021 2022 2023 2024 2025 2026 2027 2028 & Beyond *1 Based on the fleet with lease maturity in April 2020 and after *2 Based on book value of aircraft assets

Swift fund procurement from the U.S. bond market and new revolving line of credit from Tokyo Century

(1) Out of USD0.6 billion aggregate principal amount of 7.12％ senior unsecured notes due Oct. 2020, USD0.2 billion of the notes were tendered (June 2020) (2) Issued USD1 billion aggregate principal amount of 5.50% senior unsecured notes which the net proceed from the notes will be partially used for repayment of outstanding indebtedness for the period of 2020-2021 (July 2020) (3) Closed USD0.6 billion intercompany line of credit with Tokyo Century. Unused revolving credit facility increased to USD1.7 billion（June 2020）

Revolving Revolving Credit Facility Unsecured Debt Maturity Profile (*except CP, etc.） Credit Facility USD2.6 bn （USD billion） USD2 bn 20 (2) USD0.6 bn (3) 16 USD1 bn Total unused 15 13 facility (1) Unused USD1.7 bn 10 9 USD1.1 bn 10 USD0.2 bn ＋TC credit line 8 USD1.1 bn 8 4

5 Debt Debt Balance Balance USD0.9 bn USD0.9 bn 0 - 2020 2021 2022 2023 2024 2025 2026 2027 FY 2020 Q1 End FY 2020 Q1 End +TC credit line 144A 144A notes tender offer 144A notes issuance Term loans

* Reflected tender offer in June and new issuance in July

Refinanced the fund procured for the acquisition of ACG to long-term loans by issuing hybrid bonds

Hybrid Bonds

Swiftly respond to the market environment for low-cost financing ¥130 billion

December 2019 March 2020 July 2020 Issued hybrid bonds Completion of acquisition Sequentially refinanced to long-term loans (subordinated bonds)

Approx. ¥130 billion Outline of the Hybrid Bonds Fund procured for ¥130 billion Currency: JPY the acquisition of Bridge loans Hybrid bonds ACG （Debt capital） Interest rate: 1.38％ per annum (¥100 bn)*1 *2 Approx. 1.66％ per annum ( ¥30 bn)

¥320 billion Equity content ：R&I 50% Approx. Approx. JCR 50％ Bridge loans ¥190 billion ¥190 billion S&P 100％ Refinanced to long-term loans from Long-term loans from financial institutions financial institutions

*1. Maturity: After 60 yeas from the issued date. Tokyo Century may redeem the hybrid bonds at its discretion from and including July 30, 2025 The fixed interest rate will be applied to July 30, 2025 and a floating interest rate from the day after July 30, 2025 *2 Maturity: After 60 yeas from the issued date. Tokyo Century may redeem the hybrid bonds at its discretion from and including July 30, 2030 The fixed interest rate will be applied to July 30, 2030 and a floating interest rate from the day after July 30, 2030

Structured new work system in business sites over 30 Business results counties to adopt to the changes in times of COVID-19 (USD million)

FY 2018 FY 2019 FY 2020 Q1 Result Q1 Result Q1 Result Change %Change

Revenues 128 146 162 16 11% Gross profit 5 7 6 6 6 6 0 0% Ordinary income 1 3 1 5 1 3 -2 -13%

Net income 9 1 1 1 1 1 8%

ROA (％) 3.3% 3.5% 2.8% -0.7pt

* RORA (％) 13.7% 13.9% 9.6% -4.3pt Structured work from home programs and others in each country Transaction volume 243 257 277 20 8% Handle increasing demand of IT equipment leases while maintaining the pre-covid-19 level of operations by communicating through video conference FY2018 FY2019 FY2020 Change %Change Q1 End Q1 End Q1 End Segment assets 1,620 1,732 1,849 118 7% Strength in each stage in life cycle management *ROA after deducting non-recourse loan 4. After lease maturity 1. Suggest introduction of IT equipment Major Factors for Change Data wipe out and recycling, etc. Propose based on the data for equipment preference and use preference aggregated from the ∎ Ordinary income Build continuous transactions in more than 30 relationships through countries Decreased due to a reactionary drop to an increase in income of large intensive one-stop service secondary transactions booked in the previous fiscal year ３. During lease period ∎ Transaction volume Propose upgrading or Increased steadily mainly in North America and Europe new replacements ２. Before lease Optimize and speed up equipment introduction process

A joint project utilizing JCM with Thai’s major conglomerate Saha Group

Overview of the project utilizing JCM* ∎ Install PV systems on the rooftops of the factories in Saha Group’s Energy Policy in Thailand industrial park ∎ Green industrial park project on the back of the Thailand Power Development Plan ∎ Boost the growth of renewable energy due to severe air pollution and depletion of natural gas Bangkok

∎ Increase power generation capacity due to acceleration of

Chonburi digital economy and increasing spread of EVs

∎ Promote engagement of private sector

© OpenStreetMap contributors Chonburi is part of the EEC in Thailand Industrial park (an auto industry center) The Thai government expects approx. ¥6 trillion investment in the EEC development Expand the renewable energy business Project Scheme

International Consortium Subsidy Lease Collaborating with a major Representative Saha Group TC’s local conglomerate Saha Group participant (Implementation of power subsidiary in generation system) Tokyo Century Thailand Aiming to undertake the environment- related businesses growing in Thailand Subsidy Credit PV systems

Japanese major Ministry of the Environment manufacturer, etc.

* JCM (Joint Crediting Mechanism): A bilateral mechanism to realize CO2/GHG emission reductions in developing countries by promoting leading low carbon technologies and incorporating part of reduced CO2 emissions as emission reductions achieved by Japan

Integrate the strengths of both companies and create synergies by promoting collaboration business

3. Consider further development of business fields with growth potential through collaborations

2. The 1st step of business alliance: Enhance and expand leasing and finance business Digital Business

1. Existing business collaboration: Establish a joint venture which is Mobility Business Mobility & fleet management business to be engaged in leasing and finance business Real Estate, Launched Nippon Car Solutions by integration of auto-leasing Environment & Energy operations of both companies Business * in 2005 and fostered its growth into one of the top fleet services Started its operation company in the industry in July 2020 Started examining the prospective collaboration with NTT Anode Energy regarding joint development of asset TC 50%, NTT 40%, business NTT Finance 10％＜Shareholding Ratio> （Scheduled to be in October, 2020) TC 59.5％, NTT 40.5％ Global business

Equipment Leasing Mobility & Fleet Management Specialty Financing International Business

Targets in the New Fourth Medium-Term Management Plan （Targets for FY2022) Ordinary income ¥130bn Net income attributable to owners of parent ¥80bn Shareholders' equity ratio 12% ROE 12%

Ordinary income Net income attributable to owners of parent

¥130bn Period immediately before merger (FY2008) *2 ¥80bn

Net income attributable to owners of parent : ¥10bn EPS：¥94.05

Approx. ¥91.1bn ¥56.3bn ¥650 ¥86.3bn ¥51.3bn ¥52.3bn ¥79.0bn ¥73.5bn ¥68.0bn ¥43.7bn ¥524.96 ¥40.0bn ¥494.93 ¥486.09 ¥413.51 EPS ¥379.34

FY2015 FY2016 FY2017 FY2018 FY2019 FY2022(Plan) FY2015 FY2016 FY2017 FY2018 FY2019 FY2022(Plan) *1 Figures in yen indicated in above □: EPS *2 Period immediately before merger (FY2008 ended March 31, 2009): Simple sum of the figures of former Century Leasing System, Inc. and Tokyo Leasing Co., Ltd.

All Rights Reserved, Copyright © Tokyo Century Corporation 31 The New Fourth Medium-Term Management Plan Highlight 2 - Shareholder Returns Policy Aim to achieve positive dividend payout ratio while maintaining a balance with growth investment based on Long-term, stable profit distribution

Payout Ratio for FY2022 Payout ratio for FY2020 The FY2020 dividend is projected to be ¥136 as 36.9% Bottom Line 30％ same as FY2019, although the consolidated results forecast for FY2020 is less than the FY2019 results

25.9% 25.1% 24.2% 23.5% 134円 Approx. Payout ratio 21.1% ¥136 ¥650 20.1% 予定 ¥136 (projected) 18.0% 17.9% 17.6% 1¥2142円4 16.7% 1¥1141円4

13.4% 1¥010円0 ¥ 524.96 ¥ 368.72 (projected) ¥ 494.93 8¥08円0 ¥ 486.09

6¥56円5 ¥ 413.51 Dividends 5¥25円2 ¥4488円 ¥ 379.34 4¥4円4 4¥04円0 ¥ 322.84 3¥23円2 ¥ 311.64

¥ 245.82 ¥ 272.32 ¥239.57 EPS ¥ 221.80

F2Y00290年09度 2F0Y1200年1度0 2F0Y112年01度1 2 F0Y120年1度2 2F0Y132年01度3 20F1Y42年01度4 20F1Y52年01度5 2F0Y1260年1度6 2 F0Y172年01度7 2F0Y1280年1度8 2F0Y1920年1度9 2F0Y2200年2度0 2F0Y2210年21度 2F0Y2220年2度2

Tokyo Century’s advantages A trusted service/business partner ∎ Management environment free from Globally expand business in diverse regulatory constraints business fields while maintaining core operating lease business ∎ Global partnership strategy making the Contribute to resolution of social issues most of extensive customer base Be a company capable of achieving stable ∎ Creative thinking in response to change and sustainable growth

Past Decade Next Decade

New Fourth Medium-Term Management Plan Deep mining of growth businesses “Business Expertise” Towards new business profits Net income Aviation, Fleet and mobility domains (domestic and overseas) Real estate Develop new business Renewable energy models “Services” profits Principal investment Keywords Strengthening business alliance Digital “Finance” profits Type of profits Further develop collaborations Mobility with prime partners including Electric vehicles (CASE) the NTT Group Subscription

April 2009 March 2020 March 2023 March 2030 Comprehensive financial services company Financial services company Company with financial capabilities

（Billions of yen） FY 2019 FY 2020 # Q1 Result Q1 Result Change %Change Major Factors for Change Revenues 1 267.4 307.0 39.6 14.8% Gross profit Increased in Specialty Financing and Costs 2 219.1 250.0 30.9 14.1% International Business due to the expansion of business fields, including the Funding cost 3 6.9 10.8 3.9 56.1% consolidation of ACG Gross profit 4 48.3 57.0 8.8 18.2% SG&A Expenses

SG&A expenses 5 27.2 32.2 5.0 18.4% Personnel expenses, non-personnel expenses and credit costs increased due to Personnel expenses 6 15.1 17.2 2.1 13.6% the consolidation of ACG* Non-operating income and losses Non-personnel expenses 7 11.7 12.7 1.0 8.5% Decreased mainly due to a decline in equity Credit costs 8 0.3 2.3 1.9 589.3% in earnings of affiliates concerning the consolidation of ACG Operating income 9 21.1 24.9 3.8 17.9% Ordinary Income Non-operating income and losses 10 2.8 0.3 -2.6 -91.2% Increased in Specialty Financing mainly due to the consolidation of ACG Ordinary income 11 23.9 25.1 1.2 4.9% Extraordinary losses Extraordinary income and losses 12 -0.1 -1.5 -1.3 － Decreased due to loss on valuation of investment securities Income before income taxes 13 23.8 23.6 -0.2 -0.7%

Income taxes 14 7.7 6.4 -1.2 -16.0% * For FY2019 Q3, the business result of ACG was recognized as equity in earnings of affiliates. Inclusion of Net income 15 16.2 17.2 1.1 6.6% business results of ACG in the consolidated statement of income starts from FY2019 Q4 while the consolidated Net income attributable to non-controlling 16 2.4 2.2 -0.2 -8.5% balance sheets including segment assets started since interests FY2019 Q3. Net income attributable to owners of 17 13.7 15.0 1.3 9.2% parent

（Billions of yen） Major Factors for Change Mar. 31, Jun. 30, # 2020 2020 Change %Change Non-current assets, etc.

Total assets 1 5 ,608.6 5 ,677.8 6 9.2 1 .2% Leased assets Assets in the aircraft leasing and Current assets 2 3 ,108.1 3 ,137.9 2 9.8 1 .0% real estate increased

Non-current assets, etc. 3 2 ,500.5 2 ,539.9 3 9.4 1 .6% Current liabilities Leased assets 4 1 ,867.1 1 ,901.8 3 4.7 1 .9% Mainly due to an increase in short-term Leased assets advance payment 5 140.5 141.7 1.2 0.9% borrowings

Other operating assets 6 82.1 81.0 - 1.2 - 1.4%

Investment securities 7 97.7 99.0 1 .3 1 .3%

Others 8 313.0 316.5 3.4 1 .1%

Total liabilities 9 4 ,948.4 5 ,013.8 6 5.4 1 .3%

Current liabilities 10 2 ,535.7 2 ,592.9 5 7.1 2 .3%

Long-term liabilities 11 2 ,412.7 2 ,421.0 8 .3 0 .3%

Total net assets 12 660.1 664.0 3 .8 0 .6%

Shareholders' equity 13 554.5 559.7 5 .3 0 .9%

Non-controlling interests, etc. 14 105.6 104.2 - 1.4 - 1.4%

（Billions of yen） Major Factors for Change

# Mar. 31, 2019 Mar. 31, 2020 Jun. 30, 2020 Change %Change Interest-bearing debt Interest-bearing debt 1 3,041.2 4,278.2 4,441.6 163.3 3.8% Short-term borrowings in the Japanese yen Commercial papers 2 872.3 825.2 756.9 -68.3 -8.3% increased due to liquidity ensured Japanese yen 3 872.3 748.1 730.5 -17.6 -2.4% Foreign currency 4 - 77.1 26.4 -50.7 - 65.7% Corporate bonds 5 299.4 899.0 860.1 -38.9 -4.3% Japanese yen 6 262.0 233.2 201.7 -31.5 -13.5% Foreign currency 7 37.4 665.8 658.4 -7.4 - 1.1% Securitized lease assets 8 78.7 75.7 52.7 -22.9 -30.3% Borrowings 9 1,790.8 2,478.3 2,771.8 293.5 11.8% Japanese yen 10 1,158.3 1,720.1 1,966.3 246.2 14.3% Foreign currency 11 632.5 758.2 805.5 47.3 6.2% Direct funding ratio 12 41.1% 42.1% 37.6% -4.5pt Long-term funding ratio 13 51.7% 67.6% 66.1% -1.5pt

FY 2018 FY 2019 FY 2020 # Q1 Result Q1 Result Q1 Result Change %Change Funding cost 14 6 .3 6 .9 10.8 3.9 56.1% Funding cost ratio* 15 0.88% 0.89% 0.99% 0.10pt

（Change of funding cost by fiscal year） FY 2018 FY 2019 # Result Result Change %Change Funding cost 16 26.3 31.0 4 .8 18.1% Funding cost ratio* 17 0.90% 0.85% -0.05pt

* Funding cost ratio = Funding cost / { (Interest-bearing debt of the previous fiscal year end + Interest-bearing debt of this fiscal year end) / 2 ｝

All Rights Reserved, Copyright © Tokyo Century Corporation 37 Quarterly Changes in Results by Subsidiary in Mobility & Fleet Management NRNSR Sexはp3ecQts（ m夏or季e imのpレaジctャ oーf C等OのVI需D-要19が p増an加de）miにc f利rom益 Qが2偏（るA傾pri向l –※June) onwards

FY 2019 FY 2020 Total Change Change Q1 Q2 Q3 Q4 Q1 (Annual) ( YoY ) ( YTD ) NCS 51.9 52.5 51.8 51.3 207.5 51.4 -0.5 Revenues NRS *1 17.1 18.9 24.7 21.1 81.8 17.3 0.3 (Billions of yen) OAL 17.6 19.1 19.7 20.5 76.8 19.2 1.6 *2 Total 86.5 90.4 96.1 93.0 366.0 88.0 1.4

NCS 3.4 3.6 2.5 2.3 11.8 3.3 -0.1 Ordinally NRS 0.0 0.7 3.6 1.4 5.8 -0.7 -0.8 income (Billions of yen) OAL 0.7 0.7 0.8 1.9 4.1 0.7 -0.0 Total 4.1 5.0 7.0 5.6 21.7 3.3 -0.9

NCS 370.4 379.9 377.5 378.5 371.6 1.2 -6.9 Balance of NRS 50.2 51.4 58.2 52.8 52.7 2.4 -0.1 segment assets (Billions of yen) OAL 199.1 207.1 214.7 210.7 214.3 15.2 3.7 *2 Total 619.7 638.4 650.3 641.9 638.6 18.9 -3.4

NCS 685 693 693 696 699 14 3 NRS 49 54 49 49 46 -3 -3 Number of vehicles OAL 131 137 142 147 150 19 3 (Thousand) Duplication adjustment -148 -155 -160 -163 -166 -19 -3 Total 718 729 724 729 729 12 0

*1 Fiscal period of NRS ends in December *2 Revenues and balance of segment assets = Simple sum of three companies

High profitability segments, such as Mobility & Fleet Management, Specialty Financing, International Business are increasing their assets ratio in the total assets of the company

Other International Business 10% 0% 4% Equipment 12% Leasing 30% 81% 3% Jun. 30, 2020 Mar. 31, 2009 Segment Segment assets assets ¥2,100.0 bn ¥4,739.0 bn 46% * Specialty Financing 13%

Mobility & Fleet Management At the launch of the company FY2008 Results * FY2020 Forecast Ordinary income 22.3 billion yen Ordinary income 75.0 billion yen Net income attributable to owners of parent 10.0 billion yen Net income attributable to owners of parent 45.0 billion yen

* Simple sum of the previous two companies immediately before merger

Revenues from operating lease, etc. is expected to continue increasing due to the consolidation of ACG

Revenues from operating lease, etc.

(Billions of yen) Operating lease, etc. Finance lease （excluding finance lease)

FY2019 Consolidate Revenues 43％ 57％ ¥1,166.6bn

506.8bn 659.8bn

Our efforts to achieve SDGs

Materiality (key issues) Priority materiality initiatives Relevant SDGs

Contribute to widespread use of clean energy through climate change and environmental efforts ∎ Contribution to low-carbon society Our efforts: Renewable energy business including solar power generation, Popularization of electric vehicles via leasing

Create new business by integrating new technologies into financial services, and ∎ Creation of new business driven by contribute to the digital economy technical innovation Our efforts: Subscriptions, Fintech, New rental car services utilizing smartphone apps Respond to advances in global mobility services and cooperate with local ∎ Contribution to social infrastructure communities to contribute to social infrastructure development development Our efforts: Rental cars and car sharing, “Drive Doctor” telematics driving control service to support safe driving, Regional revitalization through hotel business

Contribute to development of a circular economy focused on the value of assets ∎ Sustainable resource use Our efforts: IT equipment leasing, refurbishing, aircraft life-cycle management, and automobile leasing

Promote human resources development, diversity, and work style reform that ∎ Enhanced work environment, leading improve job satisfaction and foster a sense of personal growth to strengthening of human resources Our efforts: Introduction and implementation of telecommuting, employee awareness survey, 360-degree evaluation

Shared platforms Utilize diverse partnerships to create new value

Selected as a constituent of various indexes including MSCI Japan Index

MSCI Japan Index Tokyo Century has been selected as a constituent of the MSCI Japan Index which is one of a series of indexes developed by a US company, MSCI Inc., and viewed as a benchmark by various institutional investors and for mutual funds since 2018. JPX-Nikkei Index 400 This stock index is composed of companies with high appeal for investors, which meet requirements of global investment standards, including ROE, an indicator of capital efficiency. Tokyo Century has been selected to the index since its launch in 2014.

FTSE4Good Index Tokyo Century has been selected as a constituent of the FTSE4Good Index series, a major global index for socially responsible investment. MSCI ESG Leaders Indexes Selected as a constituent of the MSCI ESG Leaders Indexes, which targets companies that demonstrate strong Environmental, Social and Governance (ESG) rated performance in each sector of the parent index S&P/JPX Carbon Efficient Index Tokyo Century has been selected as a constituent of the S&P/JPX Carbon Efficient Index that is designed to help improve corporates’ disclosure on carbon and data transparency, by adjusting constituents’ weights according to their relative carbon-to-revenue footprint since 2018. MSCI Japan ESG Select Leaders Index The MSCI Japan ESG Select Leaders Index is an index based on the MSCI Japan IMI Top 700 Index to represent the performance of companies that have high Environmental, Social and Governance (ESG) performance. Tokyo Century has become a constituent of the index since 2017. FTSE Blossom Japan Index Tokyo Century is a constituent of the FTSE Blossom Japan Index, which is designed as a tool to measure the performance of Japanese companies that demonstrate strong Environmental, Social and Governance (ESG) practices.

Note: The Government Pension Investment Fund (GPIF) of Japan has selected the marked indexes as a benchmark for passive ESG investments

Equipment Leasing

Company Name Main Business Operations Shareholders Tokyo Century Fujitsu Leasing Co., Ltd. IT-related equipment leasing 80% Fujitsu: 20% IHI Finance Support Corporation General leasing and finance 66.5% IHI: 33.5% Orico Business Leasing Co., Ltd. General leasing 50% Orient Corporation: 50% ITEC Leasing Co., Ltd. General leasing 85.1% NHK Group: 14.9% S.D.L Co., Ltd. General leasing 100% TRY Corporation Refurbishment of PCs 80% Movable Trade Networks: 20% Biogas electricity generation TC Tsukishima Energy Solution LLC 90% Tsukishima Kikai: 10% and selling electricity business Amada Lease Co., Ltd. General leasing 60% Amada : 40% NTT TC Leasing Co., Ltd. * General leasing and finance 50% NTT Group: 50% ITOCHU TC Construction Machinery Co., Ltd. * Sales and rental of construction machinery 50% ITOCHU : 50％ Nanatsujima Biomass Power LLC * Electricity generation business 25.1% IHI and 7 other companies Bplats, Inc. * Subscription business 32.6%

Mobility & Fleet Management

Company Name Main Business Operations Shareholders Tokyo Century Nippon Car Solutions Co., Ltd. Automobile leasing 59.5% NTT: 40.5% Nippon Rent-A-Car Service, Inc. Automobile rental 88.6% ANA Holdings: 11.4% Orico Auto Leasing Co., Ltd. Automobile leasing for individuals 50% Orient Corporation: 50%

Specialty Financing

Company Name Main Business Operations Shareholders Tokyo Century Shinko Real Estate Co., Ltd. Real estate business 70% Kobe Steel: 25%, Nippon Tochi-Tatemono: 5% Kyocera TCL Solar LLC Electricity generation business 81% Kyocera: 19% TCLA Godo Kaisha General leasing 100% Shunan Power Corporation Electricity generation business 60% Tokuyama: 20% Marubeni: 20% TC Property Solutions Corporation Property management 100% Nittochi Asset Management Co., Ltd. * Management and formation of real estate funds 30% Nippon Tochi-Tatemono: 70% * Equity-method affiliate

Specialty Financing

Location Overseas Group Company Main Business Operations Shareholders Tokyo Century TC Skyward Aviation U.S., Inc. Aviation leasing and finance 100% TC Realty Investments Inc. Real estate investment 100% Aviation Capital Group LLC Aviation leasing and finance 100% U.S. Provider of products, services and solutions GA Telesis, LLC * 49.2% ANA Trading: 10% to the commercial aerospace industry GA Telesis: 40% Gateway Engine Leasing, LLC * Aviation engine leasing 20% ANA Trading: 40% TC Skyward Aviation Ireland Ltd. Aviation leasing and finance 100% Ireland TC Aviation Capital Ireland Ltd. Aviation leasing and finance 100%

International Business

Location Overseas Group Company Main Business Operations Shareholders Tokyo Century Tokyo Century Leasing China Corporation General leasing 80% ITOCHU Group: 20% Tokyo Century Factoring China Corporation Factoring services 100% China Dalian Bingshan Group Hua Hui Da Financial Leasing Co., Ltd. * Finance and general leasing 40% Dalian Bingshan Group: 60% Suzhou New District Furui Leasing Co., Ltd. * Finance and general leasing 20% Suzhou government-affiliated companies: 75% Hong Kong Tokyo Leasing (Hong Kong) Ltd. General leasing 100% Taiwan President Tokyo Corporation * Automobile leasing and general leasing 49% Uni-President Enterprises Group: 51% Tokyo Century Leasing (Singapore) Pte. Ltd. General leasing 100% Singapore Tokyo Century Asia Pte. Ltd. Investment, shareholding, and other related business 100% Malaysia Tokyo Century Capital (Malaysia) Sdn. Bhd. General leasing 100% TISCO Tokyo Leasing Co., Ltd. General leasing 49% TISCO Financial Group: 49% HTC Leasing Co., Ltd. Construction machinery finance 70% Hitachi Construction Machinery Group: 30% Thailand TC Advanced Solutions Co., Ltd. Reverse factoring and other services 59% TC Car Solutions (Thailand) Co., Ltd. Financing and services related to automobiles 99% PT. Century Tokyo Leasing Indonesia General leasing 85% Lippo Group: 15% PT. TCT Indonesia General trading company 100% Indonesia ITOCHU Group: 50% PT. Hexa Finance Indonesia * Construction machinery finance 20% Hitachi Construction Machinery Group: 30% Philippines BPI Century Tokyo Lease & Finance Corporation * General leasing 49% Bank of the Philippine Islands: 51% Myanmar Yoma Fleet Ltd. * Automobile leasing and car sharing 20% Yoma Strategic Holdings：80％ CSI Leasing, Inc. IT equipment leasing 100% U.S. Tokyo Century (USA) Inc. General leasing 100% AP Equipment Financing Finance and general leasing 100%

* Equity-method affiliate

All Rights Reserved, Copyright © Tokyo Century Corporation 44 Any statements in this document, other than those of historical facts, are forward-looking statements about the future performance of Tokyo Century Corporation and its Group companies, which are based on management’s assumptions and beliefs in light of information currently available, and involve risks and uncertainties. Actual results may differ materially from these forecasts. All numerical terms and names presented in this report conform to the “short scale” numerical system. (i.e., “billion” = “109” and “trillion” = “1012 ”)

Inquiries

Investor Relations Division Tel：+81-3-5209-6710 Web site: https://www.tokyocentury.co.jp/en/