Detailed explanation concerning particular risk on the company Chance of risk occurring Effects on the company if the risk occurs Type of operation Important points What kind of business does the company
profit (with reference to the cash position of the REIT) Termination of REITs upon following circumstances: The number of unitholders falls below 35. Disposals of assets and investments in new real
the accounting periods that the mutual fund have retained earnings or net profit, provided that: 1) The dividend payment must not increase the mutual fund's retained loss in that accounting period. 2
assignment [of such particular person]. If such person is ranked below “the first four executive succeeding the manager [and every person holding the position equivalent to the fourth rank]" in more than one
unitholders in a particular class requires a resolution with majority or special resolution of units in that class. (4) In the case that a unit class is without any unitholders, the mutual fund management
unitholders in a particular class requires a resolution with majority or special resolution of units in that class. (4) In the case that a unit class is without any unitholders, the mutual fund management
of Mutual Fund 17. Dividend payment A mutual fund may pay dividends from its retained earnings or net profits in the accounting periods that the mutual fund have retained earnings or net profit
lower than departmental manager", the company shall consider from the responsibilities and duties prescribed in the assignment [of such particular person]. If such person is ranked below “the first four
30% of retained earnings or net profit in that accounting period, whichever amount is lower. The dividend payment shall not increase the fund's retained loss in the same accounting period of that
30% of retained earnings or net profit in that accounting period, whichever amount is lower. The dividend payment shall not increase the fund's retained loss in the same accounting period of that