March 15, 2022

Financial Results for the Fiscal Period Ended January 31, 2022
Name: Comforia Residential REIT, Inc
Listed Stock Exchange: Tokyo Stock Exchange
Security Code: 3282
URL: https://www.comforia-reit.co.jp/en/
Representative: Takehiro Izawa, Executive Director
Asset Management Company: TLC REIT Management Inc.
Representative: Masaoki Kanematsu, President & CEO
Inquiries: Daisuke Kawauchi, General Manager of Strategy Department, Comforia Management Division
TEL: +81-3-6455-3388
Scheduled Issue Date of Securities Report: April 26, 2022
Scheduled Commencement Date of Cash Distribution: April 18, 2022
Supplementary Presentation Material on Financial Results: Yes
Presentation Meeting of Financial Results: Yes (for institutional investors and analysts)(Figures less than one million yen are rounded down)

1. Results of Operating and Assets for the Fiscal Period Ended January 31, 2022 (August 1, 2021 - January 31, 2022)(1) Operating Results
Period Ended
Jan. 31, 2022
Period Ended
Jul. 31, 2021

Operating Revenue
Million yen%

Operating Profit
Million yen(Percentages show changes compared to the previous period)
Ordinary Profit
Profit% Million yen% Million yen%9,433(△12.4)4,223(△24.5)

3,622(△27.5)

3,616(△26.9)

10,770(12.6)

5,590(24.6)

4,995(28.2)

4,950(27.3)%

Ordinary Profit toOperating Revenue Ratio
%

5,219

2.7

1.3

38.4

7,144

3.7

1.8

46.4

Profit Per Unit
Yen

Period Ended
Jan. 31, 2022
Period Ended
Jul. 31, 2021

Return on Equity
(ROE)

%

Return on Assets(ROA)(2) Cash Distributions

Cash
Distribution
Per Unit(excluding CashDistribution in
Excess of Profit)
Yen

Total CashDistributions

Cash
Distribution
in Excess ofProfit
Per Unit

Total CashDistributions
in Excess ofProfitPayout Ratio

Distribution
Ratio
to Net Asset

Million yen
Yen
Million yen%%Period Ended
5,529
3,831－－
105.9
2.8
Jan. 31, 2022
Period Ended
5,872
4,069－－
82.2
3.0
Jul. 31, 2021
Note1: The difference of Profit and Total Cash Distributions for the period ended Jan 31, 2022 is caused by the reversal of reserve for
reduction entry (214 million yen).
Note2: The difference of Profit and Total Cash Distributions for the period ended Jul 31, 2021 is caused by the provision of reserve for
reduction entry of special provisions of replaced property (881 million yen).
Note3: Payout ratio is calculated as follows :Payout ratio ＝ Total distributions ÷ Profit ×100 （Payout ratio is rounded down to the first decimal place）(3) Financial Position
Period Ended
Jan. 31, 2022
Period Ended
Jul. 31, 2021

Total Assets
Million yen

Net Assets
Million yen

Capital Adequacy Ratio%

Net Assets Per Unit
Yen

282,277

135,23747.9

195,149

282,839

135,68948.0

195,802- 1 -(4) Cash Flows

Million yen

Million yen

Million yen

Cash andCash Equivalents
at End of Period
Million yen

5,110△ 439△4,260

20,622

2,024

20,211

Cash Flows fromOperating Activities
Period Ended
Jan. 31, 2022
Period Ended
Jul. 31, 2021

8,867

Cash Flows from
Investing Activities

Cash Flows from
Financing Activities△ 12,727

2. Forecasts of Financial Results for the Fiscal Period Ending July 31, 2022 (February 1, 2022 - July 31, 2022) andJanuary 31, 2023 (August 1, 2022 – January 31, 2023)(Percentages show changes compared to the previous period)
CashDistribution
CashPer Unit
Distribution
OperatingOperating Profit
Ordinary Profit
Profit(excluding Cashin Excess ofRevenue
Distribution
Profitin Excess ofPer UnitProfit)
Million yen (%) Million yen (%) Million yen (%) Million yen (%)
YenYenPeriod Ended
9,737 (3.2)
4,375 (3.6)
3,759 (3.8)
3,680 (1.8)
5,310－
Jul. 31, 2022
Period Ended
9,872 (1.4)
4,420 (1.0)
3,769 (0.3)
3,759 (2.1)
5,395－
Jan. 31, 2023
(Reference) Forecast of profit per unit for the fiscal period ending Jul 31, 2022 : 5,140 yen
Forecast of profit per unit tor the fiscal period ending Jan 31, 2023 : 5,250 yen(Note) Cash distributions per unit for the fiscal period ending Jul 31, 2022 and Jan 31, 2023 are calculated based on the amount obtainedby adding the reversal of reserve for reduction entry (121 million yen and 104 million yen) to the profit.

3. Others(1) Changes in accounting policies, changes in accounting estimates, and retrospective restatementa. Changes in accounting policies due to reversions in accounting standard: Applicableb. Changes not mentioned in a. above: Nonec. Changes in accounting estimates: None
d. Retrospective Restatement: None
(2) The number of investment units issued
a. The number of investment units issued at end of period (including treasury units)
Fiscal Period Ended Jan.31, 2022
: 692,994 units
Fiscal Period Ended Jul.31, 2021
: 692,994 units
b. The number of treasury units at end of period
Fiscal Period Ended Jan.31, 2022
: 0 units
Fiscal Period Ended Jul.31, 2021
: 0 units*Summary of financial results is not inside the scope of audit procedure by certified public accountants or audit
corporations.
*Other matters of special consideration
Forward-looking statements in this material including forecasts of financial results are based on information
currently available to us and on certain assumptions we deem to be reasonable. Therefore, actual operating andother results may differ materially due to various factors. In addition, the forecasts do not guarantee the payment ofthe amount.
This material is a translated excerpt from Brief Announcement on the Financial Result (“Kessan Tanshin”) in Japanese released
today, and is for reference purposes only. If any discrepancies arise between this material and the original Japanese version, the later
will prevail.

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