（Revised）14th Fiscal Period Semi-Annual Report
Corrections have been made and underlined as follows.

Ⅱ.Financial Section
Notes to Financial Statements<Before correction>
No description<After correction>
Note 19－Transactions with Related Parties(1) Parent company and major corporate unitholders
13th fiscal period (From August 1, 2021 to January 31, 2022)(Unit: thousands of yen)

AttributeMajorunitholder

Name

Samty
Co.,
Ltd.

Location

1-8-39Nishimiyahara,
Yodogawa-ku,
Osaka-shi, Osaka

Capitalstock orinvestments
in capital

20,595,000

Business oroccupation

Realestatebusiness

Ownershipof voting
rights [orownership ofsuch inSamty
Residential]

Ownership inSamty
Residential
Direct13.51%

Relationship

Interlocking
directors

NoneDescriptionoftransaction

Transaction
amountAccount
title

Balance at
end ofperiod

Purchaseof realestate trust
beneficiaryinterest

23,967,000－－

Purchaseof realestate(actual realestate)

1,824,000－－

Businessrelationship

Lease andmanagement ofreal estate(Note 1) Transaction terms and conditions between Samty Residential and related parties are determined in accordance with the Related Party Transaction Regulations that stipulate
various procedures.
(Note 2) Consumption taxes are not included in the transaction amount.
(Note 3) Aside from the above, the status of buyer under real estate purchase agreements, trust beneficiary interest transfer agreements and real estate transfer agreements has
been transferred from Samty Co., Ltd. to Samty Residential (total purchase amount: 1,545,000 thousand yen).

14th fiscal period (From February 1, 2022 to July 31, 2022)(Unit: thousands of yen)

AttributeMajorunitholder

NameSamtyCo.,
Ltd.

Location

1-8-39Nishimiyahara,
Yodogawa-ku,
Osaka-shi, Osaka

Capital stockorinvestments
in capital

20,657,000

Business oroccupation

Realestatebusiness

Ownershipof votingrights [orownership ofsuch inSamty
Residential]

Ownership inSamty
Residential
Direct13.51%

Relationship

Interlocking
directors

None

Description
oftransaction

Transaction
amountAccount title

Balance at
end ofperiodPurchase ofreal estate
trust
beneficiaryinterest

3,212,000－－

Sale of realestate trust
beneficiaryinterest

2,023,000－－

Brokerage
fees forsale of realestate trust
beneficiaryinterest

25,980－－Businessrelationship

Lease andmanagementof real estate(Note 1) Transaction terms and conditions between Samty Residential and related parties are determined in accordance with the Related Party Transaction Regulations that stipulate
various procedures.
(Note 2) Consumption taxes are not included in the transaction amount.
(Note 3) Aside from the above, the status of buyer under real estate transfer agreements has been transferred from Samty Co., Ltd. to Samty Residential (total purchase amount:540,000 thousand yen).

- 1 -(2) Affiliated companies, etc.
13th fiscal period (From August 1, 2021 to January 31, 2022)
Not applicable
14th fiscal period (From February 1, 2022 to July 31, 2022)
Not applicable(3) Sister companies
13th fiscal period (From August 1, 2021 to January 31, 2022)(Unit: thousands of yen)

Attribute

Name

Company inwhich majorSamtyunitholder
Property(corporation)
Management
holds a majority
Co., Ltd.
of voting rights

Location

Capital stockorinvestments
in capital

Ownership
Relationshipof votingrights [orBusiness orownership ofoccupationsuch in
Samty
Interlocking
BusinessResidential]
directors
relationship

1-8-39Nishimiyahara,
Yodogawa-ku,
Osaka-shi,Osaka

40,000Company inwhich major
unitholder(corporation)holds amajority ofvoting rights

1-8-39Samty Hotel Nishimiyahara,Management Yodogawa-ku,Co., Ltd.
Osaka-shi,
Osaka

50,000HotelbusinessCompany inwhich major
unitholder(corporation)holds amajority ofvoting rights

Samty AssetManagementCo., Ltd.

120,000

Asset
management
for Samty
Residential

1-8-3,
Marunouchi,
Chiyoda-ku,
TokyoReal estate
property
management－None

Lease andmanagementof real estate

Descriptionof transaction

Transaction
amountAccount title

Consignedmanagementfee

149,530

Operatingaccounts
payableRepair work218,229

Operatingaccounts
payable－None

Lease andoperationsof hotels

Purchase ofreal estate
trust
beneficiaryinterest

768,000－－One
concurrent
officer

Consignmentof assetmanagement

Payment ofasset
management
fees(Note 1)

621,105

Accounts
payable other

Balance at
end ofperiod25,454144,408－

56,670(Note 1) The amount of asset management fees includes fees for asset management related to the acquisition of properties (281,040 thousand yen) that were paid and capitalized in
the book value of the individual real estate properties.
(Note 2) Transaction terms and conditions between Samty Residential and related parties are determined in accordance with the Related Party Transaction Regulations that stipulate
various procedures.
(Note 3) Consumption taxes are not included in the transaction amount.

14th fiscal period (From February 1, 2022 to July 31, 2022)(Unit: thousands of yen)

Capitalstock orinvestments
in capital

Attribute

Name

Location

Company inwhich major
unitholder(corporation)holds amajority ofvoting rights

Samty
Property
ManagementCo., Ltd.

1-8-39Nishimiyahara,
Yodogawa-ku,
Osaka-shi,
Osaka

40,000Company inwhich majorunitholder(corporation)holds amajority ofvoting rights

Samty AssetManagementCo., Ltd.

1-8-3,
Marunouchi,
Chiyoda-ku,
Tokyo

120,000

Ownership
Relationshipof votingrights [orBusiness orownership of
occupationsuch inInterlocking
Business
Samty
directors
relationshipResidential]

Real estate
property
management

Asset
management
for Samty
Residential－－NoneOne
concurrent
officer

Description oftransaction

Transaction
amountAccount
title

Consigned
management fee

197,748

Operatingaccounts
payableRepair work313,542

Operatingaccounts
payablePayment of
asset
management
fees(Note 1)

472,381Accounts
payable other

Lease andmanagementof real estateConsignmentof assetmanagement

Balance at
end ofperiod33,596

213,459

74,878(Note 1) The amount of asset management fees includes fees for asset management related to the acquisition of properties (37,520 thousand yen) that were paid and capitalized in
the book value of the individual real estate properties, and fees for asset management related to the sale of properties (14,435 thousand yen) that were paid and deductedfrom the gain on sale of real estate properties of the individual real estate properties.
(Note 2) Transaction terms and conditions between Samty Residential and related parties are determined in accordance with the Related Party Transaction Regulations that stipulate
various procedures.
(Note 3) Consumption taxes are not included in the transaction amount.

- 2 -(4) Directors and major individual unitholders
13th fiscal period (From August 1, 2021 to January 31, 2022)
The transaction performed by Masafumi Takahashi in the role of representative of a third party (Samty AssetManagement Co., Ltd.) is the transaction with Samty Asset Management Co., Ltd. as described above in (3) Sistercompanies.
14th fiscal period (From February 1, 2022 to July 31, 2022)
The transaction performed by Masafumi Takahashi in the role of representative of a third party (Samty AssetManagement Co., Ltd.) is the transaction with Samty Asset Management Co., Ltd. as described above in (3) Sistercompanies.

- 3 -