Readers are requested to carefully read the following terms and conditions of use for this Website (hereafter referred to as "the Website"). Access and use of the Website is restricted to readers who agree to accept the terms and conditions outlined without limitation or reservation.

Purpose of the Website

The sole purpose of the Website is to provide readers with information relating to New City Residence Investment Corporation (hereafter referred to as "the Investment Corporation" or "NCRI"). The Website has not been prepared as an inducement or invitation for the purpose of soliciting investment in, or as a recommendation to purchase or sell, any securities of NCRI.

Copyrights and Restrictions on Use of Materials

All material contained in the Website is protected by copyright and other intellectual property laws, and other applicable laws and treaties of each country. Readers are strictly prohibited from using all or any portion of the information, trademarks, logos, or service marks contained in the Website (including duplication, reproduction, modification, publication, distribution) for commercial use without the prior written consent of the Investment Corporation.

Limitation of Liability

Use of the Website is entirely at the risk of the user. The Investment Corporation takes no responsibility for any losses incurred as a result of use of the Website (including computer hardware and network connection problems, whatever the cause). Accordingly, any losses will not be compensated by the Investment Corporation.

While the Investment Corporation makes every effort to ensure the information contained in the Website is thorough, the Investment Corporation makes absolutely no assurance or warranty with respect to the accuracy, completeness, adequacy or fairness of information contained in the Website. Furthermore, the Investment Corporation assumes absolutely no responsibility for the accuracy, completeness, adequacy or fairness of information in sites linked to the Website.

IR Information

Unless specifically set forth to the contrary herein, information contained within the Website is not intended to constitute disclosure required under either the Financial Instruments and Exchange Law or the Investment Trust and Investment Corporation Law, or as required by the rules for listed companies on the Tokyo Stock Exchange.

Information contained in past press releases and other disclosure documents are current as of the date of their publication. They do not include or purport to include information and expectations of future events and changes in operating conditions. In addition, the Investment Corporation is under no obligation to update information contained in the Website.

Computer Environment

OS recommended for viewing this Website are Windows Vista、Windows XP、Windows 2000、MacOSX.

Browsers recommended for viewing this Website are Microsoft Internet Explorer 6.0 or higher, or Firefox 2.0 or higher, or Opera 9.0 or higher, or Safari 2.0 or higher.

Adobe Reader is required to view PDF files appearing on this Website. It can be downloaded from their website for free by clicking the icon below.

Adobe Flash Player is required to view FLASH contents on this Website. It can be downloaded from their website for free by clicking the icon below.

Forward-Looking Statements

In addition to information relating to past and present events and matters of historic fact, the Website contains certain forward-looking statements. Such statements are based on the management's assumptions and beliefs in light of information currently available and accordingly involve risks and uncertainties. The Investment Corporation does not guarantee the accuracy of forward-looking statements contained in the Website. The content of the Website including forward-looking statements in connection with the Investment Corporation's results of operations and business, financial condition, distribution amounts, strategies, plans and objectives should be reviewed with the understanding that actual future results may differ materially from forward-looking statements.

System Maintenance

NCRI reserves the rights to update, delete, and make addition, changes and partial revisions to the contents of this Website. In addition to these actions, NCRI may temporarily interrupt or completely stop the provision of information through this Website without notice, should the following conditions occur: (i) when NCRI performs maintenance and inspection of its IT systems; (ii) when devices or the physical network within NCRI 's IT systems fail; or (iii) when blackouts, natural disasters or other unavoidable incidents occur.

As to the operation of this Website, NCRI and their affiliates expressly disclaim all warranties of any kind, including but not limited to all warranties of merchantability, title, non-infringement and fitness or suitability for any purpose, whether express, implied or statutory. Without limiting the generality of the foregoing, NCRI and its affiliates make no warranty that: (i) the operation of this Website will meet users' requirements; (ii) access to this Website will be uninterrupted, timely, secure, free of viruses of other harmful components, or free of errors; (iii) the results that may be obtained from the use of this Website will be accurate or reliable; or (iv) defects will be corrected. NCRI and its affiliates would not be responsible for the cost of any servicing, repair, or correction that may be incurred by damages to IT equipment, loss of data or opportunities attributable to interruption or stoppage of provision of information through this Web site.

Jurisdiction and Governing Laws

The Website is prepared solely for use by residents of Japan and is not intended for use or distribution to non-residents of Japan. This Website and its website policies shall be governed by and interpreted through application of the laws of Japan. The Tokyo District Court shall be the court of exclusive jurisdiction for any and all legal proceedings, if any, related to the use of this Website.