Ratings The Company has received credit ratings and have them reviewed annually by accredited credit rating agencies such as Japan Credit Rating Agency and Fitch Rating. The credit rating details as of
sufficient for the Company’s operation and debt payment. Credit Ratings The Company has received credit ratings and have them reviewed annually by accredited credit rating agencies such as Fitch Rating and
reviewed annually by accredited credit rating agencies such as Fitch Rating and Japan Credit Rating Agency. The credit rating details as of May 31, 2024 are as follows: Credit Rating Agency Credit Ratings
this year than in the previous year. Credit Ratings The Company has received credit ratings and have reviewed annually by accredited credit rating agencies such as Fitch Rating and Japan Credit Rating
increased by 2.91 $/BBL with respect to demand recovery from the Asian countries, especially China, after its demand shrunk in 2016 from the limitation of excess production in the industrial sector and real
performance of the Company, causing significantly higher loss from the past. Currently, the Company has limitation in submitting an application for the bank to issue a letter of guarantee, which affects to
be limitation on the liabilities of the trustee in case of failure to perform such duties; (b) the trustee has to supervise a REIT manager or any other assigned person as prescribed in sub clause (g
before date of lodgment of registration statement. E. Subordination and Limitation of Rights 1. The ability of debt securities holders to enforce their rights as creditors of the issuer depends on whether