# EDGAR Filing Document

**Accession Number:** 0001679198
**File Stem:** 0001193125-25-218428
**Filing Date:** 2025-9
**Character Count:** 627153
**Document Hash:** 7d11f33eed0062eb4778a2a531c6b9b2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-218428.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0001193125-25-218428

**CONFORMED SUBMISSION TYPE**: 18-K

**PUBLIC DOCUMENT COUNT**: 56

**CONFORMED PERIOD OF REPORT**: 20250331

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Japan International Cooperation Agency
- **CENTRAL INDEX KEY:** 0001679198
- **STANDARD INDUSTRIAL CLASSIFICATION:** FOREIGN GOVERNMENTS [8888]
- **ORGANIZATION NAME:** International Corp Fin
- **EIN:** 000000000
- **STATE OF INCORPORATION:** M0
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 18-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-213968
- **FILM NUMBER:** 251345335

**BUSINESS ADDRESS:**
- **STREET 1:** NIBANCHO CENTER BUILDING
- **STREET 2:** 5-25, NIBAN-CHO, CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 102-8012
- **BUSINESS PHONE:** 81-3-5226-6660

**MAIL ADDRESS:**
- **STREET 1:** NIBANCHO CENTER BUILDING
- **STREET 2:** 5-25, NIBAN-CHO, CHIYODA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 102-8012

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM 18-K** 

***For Foreign Governments and Political Subdivisions Thereof***

**ANNUAL REPORT** 

**of** 

**JAPAN INTERNATIONAL COOPERATION AGENCY** 

**(Name of registrant)** 

**Date of end of last fiscal year: March 31, 2025** 

**SECURITIES REGISTERED** 

**(As of the close of the fiscal year)\*** 

---

| | | |
|:---|:---|:---|
| **Titles of Issue** | **Amounts as to Which**<br> **Registration is Effective** | **Names of Exchanges on**<br> **Which Registered** |
|  N/A | N/A | N/A |

---

**Names and addresses of persons authorized to receive notices** 

**and communications from the Securities and Exchange Commission:** 

**TANAKA Satoko** 

**Chief Representative** 

**JICA USA Office** 

**1776 I Street, N.W., Suite 895** 

**Washington, D.C. 20006** 

**Copies to:** 

**Jesse S. Gillespie** 

**Morrison & Foerster LLP** 

**Shin-Marunouchi Building 29th Floor** 

**5-1, Marunouchi 1-chome** 

**Chiyoda-ku, Tokyo 100-6529** 

**Japan** 

**\*** **The registrant is filing this annual report on a voluntary basis.** 

------

**EXPLANATORY NOTE** 

This annual report on Form 18-K for the fiscal year ended March 31, 2025 is filed by Japan International Cooperation Agency ("JICA"), an incorporated administrative agency of Japan established in October 2003 pursuant to the Act on General Rules for Incorporated Administrative Agencies and the Act of the Incorporated Administrative Agency—Japan International Cooperation Agency. JICA's main objective is to contribute to the promotion of international cooperation as well as the sound development of the Japanese and global economy by supporting the socioeconomic development, recovery or economic stability of developing regions. This annual report on Form 18-K, as subsequently amended, is intended to be incorporated by reference into any future prospectus filed by JICA with the U.S. Securities and Exchange Commission to the extent such prospectus indicates that it intends this report to be incorporated by reference.

------

**Form 18-K** 

*The information set forth below is to be furnished:* 

1. *In respect of each issue of securities of JICA registered, a brief statement as to:* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *The general effect of any material modifications, not previously reported, of the rights of the holders of such securities.* 

Not applicable.<sup>1</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *The title and the material provisions of any law, decree or administrative action, not previously reported, by reason of which the security is not being serviced in accordance with the terms thereof.* 

Not applicable.<sup>1</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *The circumstances of any other failure, not previously reported, to pay principal, interest, or any sinking fund or amortization installment.* 

Not applicable.<sup>1</sup>

2. *A statement as of the close of the last fiscal year of JICA giving the total outstanding of:* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Internal funded debt of JICA. (Total to be stated in the currency of JICA. If any internal funded debt is payable in a foreign currency, it should not be included under this paragraph (a), but under paragraph (b) of this item.)* 

Reference is made to pages F-73 to F-75 of Exhibit 2 hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *External funded debt of JICA. (Totals to be stated in the respective currencies in which payable. No statement need be furnished as to intergovernmental debt.)* 

Reference is made to pages F-73 to F-75 of Exhibit 2 hereto.

3. *A statement giving the title, date of issue, date of maturity, interest rate and amount outstanding, together with the currency or currencies in which payable, of each issue of funded debt of JICA outstanding as of the close of the last fiscal year of JICA.* 

Reference is made to pages F-73 to F-75 of Exhibit 2 hereto.

4. (a) *As to each issue of securities of JICA which is registered, there should be furnished a breakdown of the total amount outstanding, as shown in Item 3, into the following:* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) *Total amount held by or for the account of JICA.* 

Not applicable.<sup>1</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) *Total estimated amount held by Japan; this estimate need be furnished only if it is practicable to do so.* 

Not applicable.<sup>1</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) *Total amount otherwise outstanding.* 

Not applicable.<sup>1</sup>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *If a substantial amount is set forth in answer to paragraph (a)(1) above, describe briefly the method employed by JICA to reacquire such securities.* 

Not applicable.<sup>1</sup>

<sup>1</sup> No securities of the registrant are registered under the Securities Exchange Act of 1934, as amended.

------

5. *A statement as of the close of the last fiscal year of JICA giving the estimated total of:* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Internal floating indebtedness of JICA. (Total to be stated in the currency of JICA.)* 

None.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *External floating indebtedness of JICA. (Total to be stated in the respective currencies in which payable.)* 

None.

6. *Statement of the receipts, classified by source, and of the expenditures, classified by purpose, of JICA for each fiscal year of JICA ended since the close of the latest fiscal year for which such information was previously reported. These statements should be so itemized as to be reasonably informative and should cover both ordinary and extraordinary receipts and expenditures; there should be indicated separately, if practicable, the amount of receipts pledged or otherwise specifically allocated to any issue registered, indicating the issue.* 

Reference is made to pages F-9 and F-50 of Exhibit 2 hereto.

7. (a) *If any foreign exchange control, not previously reported, has been established by Japan, briefly describe such foreign exchange control.* 

None.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *If any foreign exchange control previously reported has been discontinued or materially modified, briefly describe the effect of any such action, not previously reported.* 

Not applicable.

This annual report comprises:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The cover page and pages numbered 2 to 6 consecutively.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The following exhibits:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Description of Japan International Cooperation Agency dated September 26, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Audited financial statements of Japan International Cooperation Agency for the fiscal year ended March 31,
2025 prepared in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Consents of Ernst & Young ShinNihon LLC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Excerpt of General Rules of the National Budget, which relates to Japan International Cooperation Agency
for the fiscal year ending March 31, 2026 (in Japanese only).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) Act of the Incorporated Administrative Agency—Japan International Cooperation Agency (Act No. 136 of
December 6, 2002), as amended (English translation), and excerpts from the Act Concerning Special Measures with respect to Acceptance of Foreign Capital from International Bank for Reconstruction and Development, etc. (Act No. 51 of
July 4, 1953) (English translation).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Certificate of Anderson Mori & Tomotsune.

This Annual Report is filed subject to the Instructions for Form 18-K for Foreign Governments and Political Subdivisions Thereof.

------

**SIGNATURE** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this annual report to be signed on its behalf by the undersigned, thereunto duly authorized, at Tokyo, Japan on the 26th day of September, 2025.

---

| | |
|:---|:---|
|  JAPAN INTERNATIONAL COOPERATION AGENCY | JAPAN INTERNATIONAL COOPERATION AGENCY |
| By: | /s/ SUZUKI Kazuya |
|  | SUZUKI Kazuya, |
|  | *Director General, Treasury, Finance and<br>Accounting Department* |

---

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**EXHIBIT INDEX** 

---

| | |
|:---|:---|
| **Exhibit<br>Number** | **Description** |
| 1. | [Description of Japan International Cooperation Agency dated September 26, 2025.](d935258dex991.htm) |
| 2. | [Audited financial statements of Japan International Cooperation Agency for the fiscal year ended March 31, 2025 prepared in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan.](d935258dex992.htm) |
| 3. | [Consents of Ernst & Young ShinNihon LLC.](d935258dex993.htm) |
| 4. | [Excerpt of General Rules of the National Budget, which relates to Japan International Cooperation Agency for the fiscal year ending March 31, 2026 (in Japanese only).](d935258dex994.htm) |
| 5 | [Act of the Incorporated Administrative Agency—Japan International Cooperation Agency (Act No. 136 of December 6, 2002), as amended (English translation), and excerpts from the Act Concerning Special Measures with respect to Acceptance of Foreign Capital from International Bank for Reconstruction and Development, etc. (Act No. 51 of July 4, 1953) (English translation).](d935258dex995.htm) |
| 6 | [Certificate of Anderson Mori & Tomotsune,](d935258dex996.htm) |

---

## Exhibit 99.1

##### [**Table of Contents**](#toc)
**Exhibit 1** 

**Japan International Cooperation Agency** 

This description of Japan International Cooperation Agency is dated September 26, 2025 and appears as Exhibit 1 to its Annual Report on Form 18-K filed with the U.S. Securities and Exchange Commission.

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##### [**Table of Contents**](#toc)
THE DELIVERY OF THIS DOCUMENT AT ANY TIME DOES NOT IMPLY THAT THE INFORMATION IS CORRECT AS OF ANY TIME SUBSEQUENT TO ITS DATE. THIS DOCUMENT (OTHERWISE THAN AS PART OF A PROSPECTUS CONTAINED IN A REGISTRATION STATEMENT FILED UNDER THE U.S. SECURITIES ACT OF 1933) DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES OF JAPAN INTERNATIONAL COOPERATION AGENCY.

**TABLE OF CONTENTS** 

---

| | |
|:---|:---|
|  [FURTHER INFORMATION](#ex1935258_1) | 2.0 |
|  [PRESENTATION OF FINANCIAL INFORMATION](#ex1935258_2) | 3.0 |
|  [JAPAN INTERNATIONAL COOPERATION AGENCY](#ex1935258_3) | 4.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Overview](#ex1935258_4) | 4.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [History](#ex1935258_5) | 4.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Mission and Vision](#ex1935258_6) | 4.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Strategy](#ex1935258_7) | 4.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Recent Developments](#ex1935258_8) | 5.0 |
|  [BUSINESS](#ex1935258_9) | 6.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Operations](#ex1935258_10) | 6.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Budget](#ex1935258_11) | 14.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Funding](#ex1935258_12) | 15.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Guidelines for Environmental and Social Considerations](#ex1935258_13) | 16.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Risk Management](#ex1935258_14) | 16.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Employees](#ex1935258_15) | 19.0 |

---

**FURTHER INFORMATION** 

This document appears as an exhibit to the Annual Report of Japan International Cooperation Agency ("JICA") filed with the U.S. Securities and Exchange Commission (the "Commission") on Form 18-K. Additional information with respect to JICA is available in such Annual Report, in the other exhibits to such Annual Report and in amendments thereto. Such Annual Report, exhibits and other amendments may be inspected and copied at the public reference room maintained by the Commission at: 100 F Street, N.E., Washington, D.C. 20549. Information regarding the operations of the public reference room can be obtained by calling the Commission at 1-800-SEC-0330. You may also request a copy of such Annual Report, exhibits and amendments thereto and other information mentioned above by writing or calling JICA. Written requests for such documents should be directed to Japan International Cooperation Agency, Nibancho Center Building 5-25, Niban-cho, Chiyoda-ku, Tokyo 102-8012, Japan, Attention: Budget for Finance and Investment Account, and Capital Markets Division, Treasury, Finance and Accounting Department, JICA, Japan. JICA's telephone number is 81-3-5226-9279. Such Annual Report, exhibits and other amendments are also available through the Commission's Internet website at http://www.sec.gov.

In this document, all amounts are expressed in Japanese Yen ("¥" or "yen"), except as otherwise specified. The spot buying rate quoted on the Tokyo Foreign Exchange Market on September 22, 2025 as reported by the Bank of Japan at 5:00 p.m., Tokyo time, was 148.12 = $1.00, and the noon buying rate on September 19, 2025 for cable transfers in New York City payable in yen, as reported by the Federal Reserve Bank of New York, was 147.83 = $1.00.

References in this document to Japanese fiscal years ("JFYs") are to 12-month periods commencing in each case on April 1 of the year indicated and ending on March 31 of the following year. References to years not specified as being JFYs are to calendar years.

References in this document to "JICA" are to "Japan International Cooperation Agency".

Figures in tables included in this document may not add up to totals due to rounding.

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##### [**Table of Contents**](#toc)
**PRESENTATION OF FINANCIAL INFORMATION** 

The fiscal year end of JICA is March 31. JICA's financial statements have been prepared in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan, which may differ in certain respects from accounting principles for business enterprises generally accepted in Japan.

JICA's operations are separated into two categories for accounting purposes pursuant to Article 17 of the Act of the Incorporated Administrative Agency—Japan International Cooperation Agency (the "JICA Act"): (a) a General Account, which is largely funded by management grants from the Japanese government, and (b) a Finance and Investment Account, which is funded through capital contributions and borrowings from the Japanese government, bonds issued to investors and interest and revenues generated by JICA from loans disbursed.

The following financial statements are contained in the Annual Report on Form 18-K filed with the Commission of which this document is a part: (i) the annual audited balance sheet as of March 31, 2025, the related audited statements of administrative service operation cost, income, changes in net assets and cash flows for the fiscal year ended March 31, 2025, and the significant accounting policies, notes and detailed statements relating thereto, all in respect of the General Account of JICA and (ii) the annual audited balance sheet as of March 31, 2025, the related audited statements of administrative service operation cost, income, changes in net assets and cash flows for the fiscal year ended March 31, 2025, and the significant accounting policies, notes and detailed statements relating thereto, all in respect of the Finance and Investment Account of JICA.

JICA's general policy is to consider engaging a new auditor every five years. JICA has engaged Ernst & Young ShinNihon LLC to audit its financial statements since the fiscal year ended March 31, 2018. JICA re-engaged Ernst & Young ShinNihon LLC for another five-year engagement in the fiscal year ended March 31, 2023. Ernst & Young was selected after a competitive bidding process involving multiple auditor candidates, including JICA's immediately prior auditor**.**

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##### [**Table of Contents**](#toc)
**JAPAN INTERNATIONAL COOPERATION AGENCY** 

**Overview** 

JICA is an incorporated administrative agency established in October 2003 pursuant to the Act on General Rules for Incorporated Administrative Agencies and the JICA Act. JICA's main objective is to contribute to the promotion of international cooperation as well as the sound development of the Japanese and global economy by supporting the socioeconomic development, recovery or economic stability of developing regions. Following an overhaul in October 2008 (see "—History"), JICA is currently the sole implementing agency for all major Japanese Official Development Assistance ("ODA") schemes, which are separated into three categories—Technical Cooperation, Grant Aid and Finance and Investment (see "—Operations").

JICA is entirely owned by the Japanese government and is subject to control and supervision by the Minister for Foreign Affairs of Japan and the Minister of Finance of Japan. As of March 31, 2025, government investment by Japan contributed to ¥8,425 billion of net assets on the balance sheet of JICA's Finance and Investment Account and the capital ratio, calculated as total net assets divided by total assets, was 56.92%.

**History** 

JICA's origins can be traced back to January 1954, with the establishment of the Federation of Japan Overseas Associations. In subsequent years, the Society for Economic Cooperation in Asia, Japan Emigration Promotion, Co., Ltd., Overseas Technical Cooperation Agency, Japan Emigration Service and Japan Overseas Cooperation Volunteers were established, each with the objective of fostering international cooperation. JICA was originally established in May 1974 as a special public institution ("Former JICA") with the promulgation of the Act of Japan International Cooperation Agency. In December 2001, a reorganization and rationalization plan for special public institutions was announced by the Japanese government. Included in this reform plan was a measure transforming JICA into an incorporated administrative agency. This was put into effect by the JICA Act, and Former JICA was re-established as an incorporated administrative agency in October 2003.

Separately, in December 1960, the Overseas Economic Cooperation Fund Law was promulgated, pursuant to which the Overseas Economic Cooperation Fund was established to take over management of the Southeast Asia Development Cooperation Fund from the Export-Import Bank of Japan ("JEXIM"). In April 1999, the Japan Bank for International Cooperation Law was promulgated, and the Japan Bank for International Cooperation ("JBIC") was established, which succeeded the operations of the Overseas Economic Cooperation Fund and JEXIM.

JICA, in its current form, was established in October 2008 following the enactment in November 2006 of the Act for Partial Amendments to the Act of the Incorporated Administrative Agency—Japan International Cooperation Agency. Pursuant to such Act, the operations of Former JICA, Finance and Investment previously managed by JBIC and a portion of Grant Aid provided by the Ministry of Foreign Affairs of Japan ("MOFA") were succeeded by JICA. MOFA remains responsible for directly providing Grant Aid in conjunction with the execution of diplomatic policies.

**Mission and Vision** 

JICA announced its current mission ("JICA, in accordance with the Development Cooperation Charter, will work on human security and quality growth") and vision ("Leading the world with trust") in July 2017, in light of the changing international relations. JICA will seek to achieve its mission and vision by committing itself to achieving them with pride and passion, immersing itself in the relevant site (*gemba*) and working together with people on-site, planning and acting strategically with broad and long-term perspective, bringing together diverse wisdom and resources, and thinking innovatively to bring about unprecedented impact. JICA, with its partners, will seek to take the lead in forging bonds of trust across the world, aspiring for a free, peaceful and prosperous world where people can hope for a better future and explore their diverse potential.

**Strategy** 

*Mid-Term Objectives and Plan* 

In accordance with Article 30, Paragraph 1 of the Act on General Rules for Incorporated Administrative Agencies, JICA has established a mid-term plan for achieving its mid-term objectives during the five-year period that commenced on April 1, 2022. Operation focuses for JICA's mid-term objectives and plans include, among others:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• addressing key development agendas, such as achieving "quality-growth" and poverty eradication
through such growth, sharing universal values and realizing a peaceful and secure society, building a sustainable and resilient international community by addressing global challenges; and

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##### [**Table of Contents**](#toc)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• realizing the vision of a "Free and Open Indo-Pacific (FOIP)", human resource development of future
leaders of developing countries through "JICA Development Studies Program" and other programs, addressing climate change and environment conservation and contributing to Japan's socio-economic revitalization and globalization.

*Sustainable Development Goals* 

JICA has been working to contribute to the peace, stability and the prosperity of the international community. JICA intends to proactively contribute to achieving the Sustainable Development Goals (SDGs), adopted at the UN summit in 2015, through its leadership.

JICA plans to play a key role in achieving the SDGs, making use of Japan's own experience in the socio-economic development of Japan and in cooperation for the development of the international community. Specifically, JICA plans to play a key role in achieving goals for zero hunger, health, education, water/sanitation, energy, economic growth, industry/infrastructure, sustainable cities, climate actions and forests/biodiversity.

**Recent Developments** 

***Response to Crisis in Ukraine***

JICA provides emergency measures, based on the policy of the Japanese government, to Ukraine, which is facing a crisis due to the military invasion. In the fiscal year ended March 31, 2023, JICA provided budgetary support of ¥78 billion in the form of "Emergency Economic Recovery Development Policy Loan" to the Ukrainian government. In addition, in June 2025, JICA signed a loan agreement to provide budgetary support up to ¥471.9 billion in the form of "Extraordinary Revenue Acceleration Loan for Ukraine" to the Ukrainian government. JICA has also been continuing its support for urgent recovery and reconstruction of destroyed infrastructures through various technical cooperation and a grant aid project. For instance, by technical cooperation, JICA supports the Ukrainian government to enhance capacity for detection and clearance of land mines as well as to prepare master plans on recovery and reconstruction for several severely damaged cities. By grant aid, a comprehensive package amounting to ¥100.1 billion for urgent recovery is to be provided for Ukraine, including provision of equipment for detection and clearance of mines, machines for clearance of debris of destroyed infrastructure and buildings, public transportation, energy supply, water supply and sanitation, healthcare, education, agriculture and others.

***Measures to Address Climate Change***

In its sustainability report published in November 2023, JICA outlined the following strategies, measures and policies to address climate change.

The Government of Japan declared in 2020 that it aims to achieve carbon neutrality by 2050. In addition, the Development Cooperation Charter, which was revised in 2023, pledges to align Japan's development cooperation with the goals of the Paris Agreement. Taking the above into consideration, JICA formulated the JICA Sustainability Policy in 2023, as an organizational policy on sustainability management, which covers efforts to respond to climate change. The policy states that JICA aims to implement all new projects in a manner aligned with the goals of the Paris Agreement and to achieve carbon neutrality for its organization by 2030, which is based on Scope 1 and Scope 2 of the GHG Protocol, the international standard for calculating and reporting greenhouse gas emissions (for JICA's headquarters and domestic offices only; overseas offices will be considered in stages)."

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##### [**Table of Contents**](#toc)
JICA believes that it can transform the risks of climate change into new opportunities for collaboration and co-creation to realize a sustainable world. For example, there is an increasing need for climate change adaptation measures in developing countries and efforts toward a carbon-neutral society. In this context, opportunities for cooperation are expanding, including the formulation and implementation of policies to address climate change, adaptation of counter measures to climate change in the fields of disaster prevention and agriculture, and investment in high-quality infrastructure that contributes to reducing greenhouse gas emissions, such as energy and public transportation. In addition, as global attention to climate change grows, various domestic and international stakeholders are beginning to work to solve related development issues. JICA aims to utilize our experience and knowledge to further promote co-creation with these stakeholders and contribute to the realization of a sustainable world.

***Revision of JICA Act***

On April 9, 2025, the Japanese parliament passed and enacted the revised JICA Act, which allows JICA to better utilize private funds for ODA schemes. To attract investors, the revised Act will enable JICA to acquire bonds of companies in developing countries. JICA will also be able to provide its guarantee to loans extended from local banks to such companies. Moreover, the revised Act will improve flexibility of JICA's financing by allowing JICA to take out long-term loans from international organizations other than the government. JICA recognizes that the new operations under the revised JICA Act involve certain risks similar to those associated with existing operations. Through its overseas investment and loan operations to date, JICA has acquired know-how and systems for assessing credit risk. While building on this foundation, JICA intends to further expand its risk management system.

***Funding***

*Funding Track Record* 

See the table described in "Business—Funding" below for the information on funding track record.

**BUSINESS** 

**Operations** 

Since its launch as a renewed organization in October 2008, JICA has become the sole implementing agency for all major Japanese ODA schemes: Technical Cooperation, Grant Aid and Finance and Investment.

***Background to ODA in Japan***

Various organizations and groups, including governments, international organizations, non-governmental organizations ("NGOs") and private companies, carry out economic cooperation to support socioeconomic development in developing countries. The financial and technical assistance that governments provide to developing countries as part of this economic cooperation are referred to as ODA.

ODA is broadly classified into two types: bilateral aid and multilateral aid. Multilateral aid consists of financing and financial contributions to international organizations, while bilateral aid is provided in three forms: Technical Cooperation, Grant Aid and Finance and Investment. In addition, other schemes of bilateral aid include the dispatch of volunteers.

In recent years, developed countries in Europe and North America have expanded ODA as a means of strengthening the efforts to address global issues such as climate change and poverty reduction. Furthermore, new donor countries including the People's Republic of China and the Republic of Korea have emerged. Japan, conversely, has decreased its ODA budget as a result of its severe financial circumstances.

In view of this international situation as well as the flow of domestic administrative reforms, the Japanese government has undertaken reforms that strategize ODA policies and strengthen implementation systems with the objective of further raising the quality of its ODA. With the aim of integrating ODA implementation organizations as part of these reforms, Overseas Economic Cooperation Operations of JBIC and Grant Aid Operations of MOFA (excluding those which MOFA continues to directly implement for the necessity of diplomatic policy) were transferred to JICA as of October 1, 2008, thereby creating a "New JICA". See "—History". Through this integration, the three schemes of assistance have become organically linked under a single organization, which better enables JICA to provide effective and efficient assistance.

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##### [**Table of Contents**](#toc)
![LOGO](g935258g38x94.jpg)

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##### [**Table of Contents**](#toc)
***JICA's ODA***

The principal schemes of ODA carried on by JICA are outlined below. JICA's operations are separated into two categories for accounting purposes pursuant to Article 17 of the JICA Act: (a) a General Account, which is largely funded by management grants from the Japanese government, and (b) a Finance and Investment Account, which is funded through capital contributions and borrowings from the Japanese government, bonds issued to investors and interest and revenues generated by JICA. JICA's Technical Cooperation and Grant Aid activities are carried on through its General Account. JICA's Finance and Investment activities are carried on through its Finance and Investment Account.

*Technical Cooperation* 

Technical Cooperation draws on Japan's technology, knowhow and experience to nurture the human resources who will promote socioeconomic development in developing countries. Moreover, through collaboration with partner countries in jointly planning a cooperation plan suited to local situations, Technical Cooperation supports the development and improvement of technologies that are appropriate for the actual circumstances of these countries, while also contributing to raising their overall technology levels and setting up new institutional frameworks and organizations. These enable partner countries to develop problem-solving capacities and achieve economic growth.

Total Technical Cooperation expenditures (excluding management expenses and including expenses of technical assistance related to ODA Loans under Finance and Investment budget) for the fiscal year ended March 31, 2025 were ¥204.1 billion.

The following table provides breakdowns of JICA's Technical Cooperation operations in terms of expenditures (excluding management expenses) by geographical region and sector for JFY 2024:

**Technical Cooperation** 

---

| | |
|:---|:---|
|  | **JFY 2024** |
|  | **(%)** |
|  Distribution by Region |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asia | 27.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Africa | 19.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North and Latin America | 7.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Europe | 5.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Middle East | 3.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pacific | 2.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others | 34.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0 |
|  Distribution by Sector |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Works and Utilities | 20.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Human Resources | 10.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agriculture, Forestry and Fisheries | 10.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Planning and Administration | 8.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Medical Care | 6.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Business and Tourism | 4.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | 4.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Social Welfare | 1.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mining and Industry | 0.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others | 34.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0 |

---

Technical Cooperation includes acceptance of training participants, dispatch of experts, provision of equipment and implementation of studies aimed at supporting policymaking and planning of public works projects.

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*Grant Aid* 

Grant Aid, which is an assistance method that provides necessary funds to promote socioeconomic development, is financial cooperation with developing countries with no obligation for repayment. Particularly in developing countries with low income levels, Grant Aid is broadly implemented for building hospitals, bridges and other socioeconomic infrastructure, as well as for promoting education, HIV/AIDS programs, children's healthcare and environmental activities, which directly support the improvement of living standards.

Assistance is given to development projects that are essential in developing countries' nation building, including: construction of hospitals or schools and increasing access to safe water supply to satisfy basic human needs; improvement of irrigation systems to promote development of communities and agricultural productivity; construction of roads and bridges to build socio-economic foundations; building facilities to promote environmental conservation; and developing human resources. In recent years, assistance has also been provided for peacebuilding, developing business environments, disaster prevention and reconstruction after disasters, and measures to cope with climate change. Where necessary, technical guidance for operation and maintenance (soft components) is also provided, so that the facilities and other systems financed by Grant Aid are sustainably managed.

New agreements under JICA's Grant Aid operations for the fiscal year ended March 31, 2025 totaled ¥104.6 billion.

The following table provides breakdowns of JICA's Grant Aid operations in terms of total agreement amount by geographical region and sector for JFY 2024:

**Grant Aid** 

---

| | |
|:---|:---|
|  | **JFY 2024** |
|  | **(%)** |
|  Distribution by Region |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Africa | 41.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asia | 37.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pacific | 12.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Middle East | 6.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North and Latin America | 1.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Europe | 0.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0 |
|  Distribution by Sector |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Works and Utilities | 47.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Medical Care | 19.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Human Resources | 13.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agriculture, Forestry and Fisheries | 8.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Planning and Administration | 6.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | 1.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Social Services | 1.4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mining and Industry | 0.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others | 1.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0 |

---

*Finance and Investment* 

Finance and Investment supports the efforts of developing countries to advance by providing these nations with the capital necessary for development under long-term and substantially lower interest rates than commercial rates. The primary types of Finance and Investment are ODA Loans and Private Sector Investment Finance ("PSIF"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ODA Loans promote efficient use of the borrowed funds and appropriate supervision of the relevant projects,
bolstering the developing countries' ownership in the development process. ODA Loans are divided into Project-type Loans (including Project Loans, which account for the largest portion of ODA Loans, and finance projects such as roads, power
plants, irrigation, water supply and sewerage facilities) and Non-Project Loans (including Program Loans, which support the implementation of national strategies and poverty reduction strategies and Commodity
Loans, which provide settlement funds for urgent and essential imports of materials). In addition, JICA developed sovereign-based lending denominated in U.S. dollars to developing countries beginning in JFY 2016.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Private Sector Investment Finance aims to stimulate economic activity and improve the living standards of people
in developing countries through equity investments and loans for projects undertaken in developing countries by the private sector.

ODA Loans in particular enable the provision of finance in larger amounts compared with Technical Cooperation or Grant Aid. Thus, this form of aid has been well utilized for building large-scale basic infrastructures in developing countries.

JICA applies preferential terms for certain sectors and fields, namely: global environmental problems and climate change, health and medical care and services, disaster prevention and reduction, and human resource development.

Unlike Technical Cooperation or Grant Aid, Finance and Investment requires full repayment by the recipient country, which encourages the beneficiary country to focus closely on the importance and priority of projects and to make efforts to allocate and utilize the funds as efficiently as possible. In addition, as an ODA Loan is financial assistance with a repayment obligation, this method of assistance places a relatively small fiscal burden on the Japanese government and represents a sustainable instrument for ODA.

New Finance and Investment commitments for the fiscal year ended March 31, 2025 totaled ¥1,873.3 billion.

The following table provides breakdowns of JICA's Finance and Investment operations in terms of commitment amount by geographical region and sector for JFY 2024:

**Finance and Investment** 

(ODA Loans and PSIF)

---

| | |
|:---|:---|
|  | **JFY 2024** |
|  | **(%)** |
|  Distribution by Region |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asia | 68.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North and Latin America | 11.8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Middle East | 9.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Europe | 4.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Africa | 2.6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pacific | 0.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others | 3.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0 |
|  Distribution by Sector |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation | 37.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Program Loans | 15.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Social Services | 8.7 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electric Power and Gas | 6.3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Irrigation and Flood Control | 4.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agriculture, Forestry and Fisheries | 4.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mining and Industry | 3.2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Others | 19.9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 100.0 |

---

*Scale of Japan's and JICA's ODA Programs in Recent Years* 

In the year ended December 31, 2024, calculated according to the Grant Equivalent System\*, Japan's total ODA disbursements amounted to U.S.$16,772 million (¥2,539.9 billion). Of this total, Grant Aid accounted for U.S.$3,854 million (¥583.7 billion), Technical Cooperation U.S.$2,131 million (¥322.7 billion), Finance and Investment U.S.$8,286 million (¥1,254.9 billion) (the grant equivalent) and Contributions and Subscriptions to International Organizations U.S.$2,500million (¥378.7 billion) (the grant equivalent).

\*The Grant Equivalent System records the amount of a loan aid equivalent to a grant as an actual ODA disbursement. The grant equivalent is calculated by applying the terms of the loan, such as the amount of loan provided, interest rate, and repayment period, to a formula. The more concessional the terms of the loan are, the larger the grant equivalent is. This system measures Japan's actual loan aid more accurately compared to the net flow system, which was the standard used by the Development Assistance Committee (DAC) of the Organization for Economic Co-operation and Development (OECD) until 2017. (Under the Grant Equivalent System, the full amount of the loan is recorded; on the other hand, repaid amounts are counted as negative.) The conversion is executed according to the exchange rates specified by the OECD-DAC which is U.S. $1=151.4397.

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With respect to JICA's operations in the fiscal year ended March 31, 2025, Technical Cooperation implemented by JICA amounted to ¥204.1 billion, an increase of 8.0 % from the previous fiscal year. With respect to Grant Aid, which JICA began implementing from October 2008, JICA implemented 97 projects amounting to ¥104.6 billion (grant agreement amount). Within Finance and Investment, ODA Loans were provided through 38 projects amounting to ¥1,458.4 billion (commitment basis), while the Private-Sector Investment Finance amount totaled ¥414.9 billion (commitment basis) for 18 projects.

The table below sets forth trends in the scale of JICA's programs for Technical Cooperation, Finance and Investment Commitments and Grant Aid for the past ten years:

**Trends in Technical Cooperation, Finance and Investment Commitments and Grant Aid** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **JFY <br>2015** | **JFY <br>2016** | **JFY <br>2017** | **JFY <br>2018** | **JFY <br>2019** | **JFY <br>2020** | **JFY <br>2021** | **JFY <br>2022** | **JFY <br>2023** | **JFY <br>2024** |
|  Technical Cooperation Disbursements for the Past Ten Years | ¥191.7 | ¥207.7 | ¥192.3 | ¥190.1 | ¥175.1 | ¥131.6 | ¥191.8 | ¥175.2 | ¥189.1 | ¥204.1 |
|  Finance and Investment Commitment Amounts for the Past Ten Years | 2260.9 | 1485.8 | 1888.4 | 1266.1 | 1523.2 | 1566.6 | 1274.7 | 2450.6 | 2125.8 | 1873.3 |
|  Grant Aid for the Past Ten Years<sup>(1)</sup> | 124.5 | 99.0 | 135.3 | 102.7 | 79.0 | 71.7 | 69.5 | 119.2 | 155.3 | 104.6 |

---

Note:

(1) Equal to the maximum amount of newly concluded Grant Agreements, pursuant to statistical standards that were
revised from JFY 2021. Figures for past fiscal years have been retroactively revised.

***JICA's Path for Development Activities***

JICA will develop and implement specific programs and projects based upon the Development Cooperation Charter, which was endorsed by the Japanese government in February 2015 and revised in June 2023. The revised Charter sets out three priority policies: (i) "quality growth" in the new era and poverty eradication through such growth; (ii) realization of peaceful, secure and stable societies, and maintenance and strengthening of a free and open international order based on the rule of law; and (iii) leading international efforts to address increasingly complex and serious global issues.

*JICA's Development Cooperation Achievements* 

In carrying out development activities in line with the Development Cooperation Charter, JICA draws on its track record of accomplishments achieved through the provision of ODA Loans. During the ten-year period from JFY 2014 to JFY 2023, JICA provided ODA Loans for construction and other infrastructure projects that have contributed to the following achievements, as determined in ex-post evaluations of the relevant projects:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Access to safe water (SDGs Goal 6)*. Provided access to safe drinking water to approximately
67.36 million people in developing countries;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Flood control system (SDGs Goal 11).* Protected approximately 1.22 million people in developing
countries from natural disaster risk;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Airport facilities (SDGs Goal 9)*. Met the air transportation needs of approximately 18.89 million
people in developing countries on an annual basis;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Railroad facilities (SDGs Goal 9)*. Met the rail transportation needs of approximately 1.06 billion
people in developing countries on an annual basis;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Roads (SDGs Goal 9).* Constructed approximately 1,549 km of new roads and repaired approximately 15,089 km
of existing roads in developing countries;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Sea ports (SDGs Goal 9).* Constructed sea port facilities in developing countries with capacity to handle
approximately 320 million tons of freight on an annual basis;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Access to electricity (SDGs Goal 7)*. Met power generation needs in developing countries (equivalent to the
electricity consumption needs of approximately 11.05 million people on an annual basis based on worldwide averages in 2015); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Forestation (SDGs Goal 15)*. Supported forestation efforts in developing countries on the scale of
approximately 2.59 million ha.

***Sustainable Development Goals***

JICA has been working to contribute to peace, stability, and the prosperity of the international community. JICA intends to proactively contribute to achieving the Sustainable Development Goals (SDGs), adopted at the UN summit in 2015, through its leadership.

JICA plans to play a key role in achieving the SDGs making use of Japan's own experience in the socio-economic development of Japan and in cooperation for the development of the international community. Specifically, JICA plans to play a key role in achieving ten goals: zero hunger, health, education, water/sanitation, energy, economic growth, industry/infrastructure, sustainable cities, climate actions and forests/biodiversity.

***Key Regional Initiatives***

*Southeast Asia and Oceania* 

While Southeast Asian countries have achieved high economic growth, disparities still persist within, and between, each country in the region. Given the region's situation, JICA aims to address vast infrastructure needs, improve people's connectivity through both hard and soft infrastructure, develop human resources to improve productivity and facilitate technological innovation, and work to support the formation of a peaceful and safe society. In addition, JICA supports development initiatives that are prevalent in the region, like disaster risk reduction, climate change mitigation and adaptation, and infectious disease control. Throughout its cooperation efforts, JICA takes into account its contributions to follow Japanese government policies, its commitments made at Japan-ASEAN summit meetings, as well as its partnerships with regional international organizations.

In Oceania, JICA aims to extend its assistance in addressing region-specific development issues in accordance with the Japanese government's commitment at the Pacific Alliance Leaders Meeting (PALM). Priority areas includes addressing country vulnerabilities formed by natural disasters and impacts of climate change, as well as environmental issues that include waste treatment and water shortage concerns that have resulted from modernization and increasingly complex ocean issues.

*South Asia* 

South Asia has the potential to become a center of the world's economic growth, due to its young population and its vast consumer demands. However, the region also has the second largest impoverished population, next to Sub-Saharan Africa, and suffers from severe economic disparities, in addition to being highly vulnerable to natural disasters. Given the region's situation, JICA aims to help develop foundations for the region's economic growth, including the formation of a infrastructure, trade and investment environment; initiatives to secure the region's peace, stability, and safety; practices to improve access to basic human needs; and methods to counter global issues like climate change and disaster risks. Throughout its cooperation efforts, JICA takes into account the needs of the region's land-locked countries and look into ways to improve both hard and soft connectivity within the region and with other regions.

*East Asia, Central Asia and the Caucasus* 

Since East Asia, Central Asia and the Caucasus have very strong geopolitical importance and a history of transitioning from a socialist to a market economy, it is important for JICA to help secure the region's long-term stability and sustainable development efforts. Given the region's situation, JICA supports initiatives to strengthen governance, industry diversification, as well as develop and strengthen infrastructure and human resource capacities. Throughout its cooperation efforts, JICA takes into account ways to improve intra- and inter-regional connectivity and resolve disparities.

*Latin America and the Caribbean* 

While many of the countries in the region enjoy a certain extent of economic development, many of them also suffer from issues like poverty, economic and social disparities, and vulnerability to natural disasters. Given the region's situation, JICA supports infrastructure development efforts, and initiatives like disaster risk reduction and tackling climate change, in collaboration with multinational development banks, to address global issues.

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Also, JICA continues to provide necessary support for Japanese emigrants and their decedents (Nikkei) in the region, in order to further strengthen ties between Japan and the region. Furthermore, JICA aims to further strengthen its partnership and cooperation initiatives with Nikkei communities by providing support for Nikkei communities.

*Africa* 

Africa is expected to form a large economy in the near future because of its rapid population growth. Therefore, continuous cooperation for Africa's industrial development is important. However, challenges persist, like fluctuation in commodity prices, the spread of infectious diseases, and the expansion of violent extremism. These challenges require cooperative solutions. Given the region's situation, JICA, in collaboration with the private sector, aims to support regional infrastructure development like transport, water and sanitation, and access to energy, including renewable energy; as well as industrial development; business and investment climate development, including human resource development; and improving basic human needs. Throughout its cooperation efforts, JICA also emphasizes the three pillars of "structural transformation for sustainable economic growth and social development", "resilient and sustainable society" and "sustainable peace and stability", which have been declared in the Tunis Declaration adopted at the Eighth Tokyo International Conference on African Development (TICAD8) on August 28, 2022. Furthermore, JICA not only promotes country-specific, but also region-wide, initiatives focusing on improving regional economic communities.

*Middle East and Europe* 

Many countries in the region still suffer from the aftermath of Arab Spring, in addition to Syrian refugees now becoming a global issue. Under such circumstances, in addition to emergency humanitarian assistance by the international community, it is necessary to extend support to communities hosting refugees and address structural problems in the mid to long-term that triggered the crisis to begin with, like poverty and unemployment. Also in Europe, the consolidation of peace and economic development are of the utmost necessity to ensure stability in the region. Given the region's situation, JICA aims to provide assistance targeting efforts to reduce social and regional disparities, develop human resources and infrastructure, improve the region's investment environment and maintain and conserve the region's urban areas and natural habitats. Throughout its cooperation efforts, JICA takes into account its contributions to the Japanese government's initiative called "Inclusive assistance towards the stability of the Middle East region".

Particularly, in dealing with Syria and other refugee issues, JICA plans to collaborate with neighboring countries and international organizations, taking into consideration the balance of benefits between the citizens of host countries and the refugees.

In Europe, JICA provides emergency measures, based on the policy of the Japanese government, to Ukraine, which is facing a crisis due to the military invasion. In fiscal year 2022, JICA provided budgetary support of ¥78 billion in the form of "Emergency Economic Recovery Development Policy Loan" to the Ukrainian government. In addition, in June 2025, JICA signed a loan agreement to provide budgetary support up to ¥471.9 billion in the form of "Extraordinary Revenue Acceleration Loan for Ukraine" to the Ukrainian government. JICA has also been continuing its support for urgent recovery and reconstruction of destroyed infrastructure through various technical cooperation and a grant aid project. For instance, by technical cooperation, JICA supports the Ukrainian government to enhance capacity for detection and clearance of land mines as well as to preparing master plans on recovery and reconstruction for several severely damaged cities. By grant aid, a comprehensive package amounting to ¥100.1 billion for urgent recovery is to be provided for Ukraine, including provision of equipment for detection and clearance of mines, machinery for clearance of debris of destroyed infrastructure and buildings, public transportation, energy supply, water supply and sanitation, healthcare, education, agriculture and others.

***Issue-specific initiatives***

*Promote "Free and Open Indo-Pacific"* 

To realize a "Free and Open Indo-Pacific" as advocated by the Japanese government, JICA will provide the Indo-Pacific region with both tangible and intangible support. JICA's support will include expanding and establishing freedom of navigation and the rule of law, improving regional connectivity by developing quality infrastructure that aligns with international standards, and providing development cooperation to support capacity building for maritime security.

*Strengthen the capacity of leaders in developing countries* 

As a main pillar of its projects, JICA aims to advance the JICA Development Studies Program (JICA-DSP), launched in 2018, a program that maintains and strengthens trusted relationships between Japan and developing countries over the medium and long term. Special focus will be placed on strengthening collaboration with partner universities to provide more opportunities for international students (JICA Scholars) to systematically learn about Japan's experience of development and the importance of the rule of law. JICA also remains committed to maintaining and developing relationships with the participants after they return to their home countries so that they can play an active role in their countries as leaders.

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*Strengthen healthcare and public health systems in developing countries* 

Aligning with former Prime Minister SUGA Yoshihide's statement at the UN General Assembly on September 25, 2020, JICA has launched "JICA's Initiative for Global Health and Medicine" to strengthen its work in protecting people's lives while supporting Japan's development policy and international efforts to achieve the pledge of "leaving no one's health behind." Under this initiative, JICA will take a holistic approach by focusing on prevention, precaution and treatment, and plans to provide support for infrastructural development by leveraging Japan's experiences.

*Establish a platform by enhancing domestic collaboration* 

JICA aims to strengthen its collaboration with diverse partners across Japan to address issues in developing countries, while also benefiting Japanese society. Special focus will be placed on establishing a platform to strengthen information-sharing, dialogues, and project collaborations regarding the Sustainable Development Goals (SDGs).

*Promote innovation* 

To tackle development issues that are either new or unresolvable by using existing techniques, JICA will explore and adopt innovations. Special focus will be placed on making institutional arrangements for promoting innovations to overcome the limitations of conventional forms of cooperation and address challenges facing developing countries.

*Improve strategy and external dissemination of projects* 

For important issues affecting the international community and Japan, JICA undertakes timely efforts to make full promotional use of international forums. Special focus will be placed on contributing to (1) climate change measures, (2) human security and (3) collaboration with Japanese communities in Latin America and the Caribbean. By proactively highlighting these activities, JICA aims to further enhance its presence in the international community.

**Budget** 

The following table sets forth summary budget information in terms of budgeted expenses for the three main arms of operations of JICA for JFY 2024 and JFY 2025:

**Budget for Three Main Arms of Operations** 

---

| | | |
|:---|:---|:---|
|  | **JFY 2024** | **JFY 2025** |
|  | **(in billions of yen)** | **(in billions of yen)** |
|  Finance and Investment | ¥2751.9 | ¥2310.0 |
|  Technical Cooperation | 170.2 | 149.7 |
|  Grant Aid | 156.2 | 151.4 |
|  **Total** | ¥3077.1 | ¥2609.8 |

---

Note:

(1) Occasionally current year budgets get updated during the year based on various facts and circumstances. Any
changes to previously filed budgeted numbers is due to an updated budget being approved subsequent to the last filing.

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**Funding** 

Finance and Investment operations are funded in accordance with the government of Japan's ODA commitments and carried out in line with policies implemented by the Japanese Cabinet, and JICA is authorized by statute to borrow from the Japanese government on a long-term basis or issue bonds in order to fund these operations. Over the past three fiscal years, the amount of available funding for JICA's Finance and Investment operations under JICA's funding plan has increased, as shown in the following table:

**Finance and Investment Account Funding Plan** 

---

| | | | |
|:---|:---|:---|:---|
|  | **JFY 2023** | **JFY 2024<sup>(1)</sup>** | **JFY 2025** |
|  | **(in billions of yen)** | **(in billions of yen)** | **(in billions of yen)** |
|  Contribution from the government | ¥47.8 | ¥81.3 | ¥50.5 |
|  Fiscal Investment and Loan Program (FILP) | 1674.6 | 2081.0 | 1882.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowing from FILP | 1449.1 | 1916.0 | 1702.5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government-guaranteed bonds | 225.5 | 165.0 | 180.0 |
|  FILP Agency Bonds<sup>(2)</sup> | 80.0 | 80.0 | 80.0 |
|  Others | 497.6 | 509.5 | 297.0 |
|  **Total** | ¥2300.0 | ¥2751.9 | ¥2310.0 |

---

Notes:

(1) The amounts for JFY 2024 have been updated from prior disclosure, due to an updated budget being subsequently
approved.

(2) Refers to non-government-guaranteed domestic bonds issued pursuant to
FILP.

***Funding Track Record***

Pursuant to JICA's authority to issue bonds to fund its Finance and Investment operations, JICA has developed a track record of issuing bonds in both domestic and international markets.

Since December 2008, JICA has issued 84 non-government-guaranteed bonds in domestic markets, totaling ¥1,012 billion. The following table provides JICA's issuance record of non-government-guaranteed bonds since January 2023:

**Issuance Record of Non-Government-Guaranteed Bonds** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Bond** | **Issue Date** | **Amount** | **Coupon** | **Term** |
|  |  | **(in billions of yen)** | **(%)** | **(years)** |
| 71<sup>st</sup> | February 3, 2023 | 5.0 | 0.517 | 5 |
| 72<sup>nd</sup> | March 10, 2023 | 20.5 | 0.090 | 2 |
| 73<sup>rd</sup> | June 23, 2023 | 15.0 | 0.681 | 10 |
| 74<sup>th</sup> | June 23, 2023 | 10.0 | 1.110 | 20 |
| 75<sup>th</sup> | September 22, 2023 | 10.0 | 0.349 | 5 |
| 76<sup>th</sup> | September 22, 2023 | 12.0 | 0.747 | 10 |
| 77<sup>th</sup> | September 22, 2023 | 10.0 | 1.404 | 20 |
| 78<sup>th</sup> | February 2, 2024 | 8.0 | 0.294 | 5 |
| 79<sup>th</sup> | June 27, 2024 | 20.0 | 0.580 | 5 |
| 80<sup>th</sup> | November 28, 2024 | 20.0 | 0.820 | 5 |
| 81<sup>st</sup> | November 28, 2024 | 10.0 | 1.181 | 10 |
| 82<sup>nd</sup> | March 14, 2025 | 4.0 | 0.850 | 2 |
| 83<sup>rd</sup> | August 20, 2025 | 15 | 0.923 | 3 |
| 84<sup>th</sup> | August 20, 2025 | 8 | 1.178 | 5 |

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Since November 2014, JICA has issued 10 government-guaranteed bonds in international markets, totaling $7,230 million. The following table provides JICA's issuance record of government-guaranteed bonds:

**Issuance Record of Government-Guaranteed Bonds** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Bond** | **Issue Date** | **Amount** | **Coupon** | **Term** |
|  |  | **(in millions of dollars)** | **(%)** | **(years)** |
| 1<sup>st</sup> | November 13, 2014 | 500 | 1.875 | 5 |
| 2<sup>nd</sup> | October 20, 2016 | 500 | 2.125 | 10 |
| 3<sup>rd</sup> | April 27, 2017 | 500 | 2.750 | 10 |
| 4<sup>th</sup> | June 12, 2018 | 500 | 3.375 | 10 |
| 5<sup>th</sup> | July 22, 2020 | 500 | 1.000 | 10 |
| 6<sup>th</sup> | April 28, 2021 | 580 | 1.750 | 10 |
| 7<sup>th</sup> | May 25, 2022 | 900 | 3.250 | 5 |
| 8<sup>th</sup> | May 23, 2023 | 1250 | 4.000 | 5 |
| 9<sup>th</sup> | May 21, 2024 | 1000 | 4.750 | 5 |
| 10<sup>th</sup> | May 22, 2025 | 1000 | 4.250 | 5 |

---

**Guidelines for Environmental and Social Considerations** 

Although JICA's various projects aim for social and economic development, there is a risk that such initiatives may produce negative externalities on the environment as well as on the society in the form of involuntary resettlement or infringement of the rights of indigenous peoples. In order to achieve sustainable development, the impact and externalities of every project must be assessed and any means to avoid, minimize or compensate potential negative externalities must be integrated into the project. JICA refers to this internalization of environmental and social cost into the development cost as Environmental and Social Considerations ("ESC"). JICA has set out Guidelines for ESC which set forth JICA's responsibilities and required procedures, together with obligations of partner countries and project proponents, in order to put ESC into practice.

JICA's partners, including host countries, borrowers and project proponents bear the primary responsibility for ESC. JICA's role is to examine ESC undertaken by project proponents in their development projects and to provide necessary support to ensure that the appropriate ESC are put into practice and that any adverse impact is avoided or minimized to an acceptable level.

**Risk Management** 

The operations of the Finance and Investment account involve various risks, including credit risk, market risk, liquidity risk, and operational risk. As a government agency the nature as well as the volume of risks in JICA's operations and the ways to deal with them differ from the risks and countermeasures at private financial institutions. Nonetheless, it is essential for JICA to have appropriate risk management just as at a financial institution.

In line with the global trend of an increasing focus on risk management among financial institutions and regulators, JICA is constantly improving its risk management of the Finance and Investment Account.

More specifically, risk management of the Finance and Investment Account is identified as a managerial issue to be addressed systematically and comprehensively by the organization. JICA has thus adopted a risk management policy for its operations, under which JICA identifies, measures and monitors various risks. The objective of this policy is to achieve sound and effective operations and to generate returns commensurate with risks.

JICA has established a Risk Management Committee for the Finance and Investment Account responsible for examining important issues related to integrated risk management.

JICA manages various risks associated with Finance and Investment operations as follows:

***Credit Risk***

Credit risk refers to the potential loss from difficulties or failure to recover credit assets due to the deteriorating financial condition of a debtor. The main area of Finance and Investment operations is lending. See "—Operations". Consequently, the control of credit risk is a major part of JICA's risk management. Sovereign risk in particular makes up a considerable part of the credit risk that accompanies ODA Loans.

JICA, as an official financer, evaluates sovereign risk by making full use of information gathered through communication with the governments and relevant authorities in the recipient countries, multilateral institutions such as the International Monetary Fund and the World Bank, other regional and bilateral donor organizations and private financial institutions in developed countries. With respect to PSIF, JICA assesses the risk associated with lending to private entities as well as country risk and currency risk.

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##### [**Table of Contents**](#toc)
*Credit Rating System* 

JICA has established a credit rating system as part of the organization's operating procedures. Credit ratings are the cornerstone of credit risk management, used for conducting individual credit appraisals and quantifying credit risks. Credit ratings are divided into two borrower specific categories: sovereign borrowers and non-sovereign borrowers, with the ratings updated where appropriate.

*Self-Assessment of Asset Portfolio* 

When managing credit risks, it is important for JICA to make proper self-assessments of its loan portfolio and implement write-offs and loan loss provisions in a proper and timely manner. Based on the Financial Inspection Manual prepared by the Financial Services Agency of Japan, JICA has developed internal rules for such assessment. To establish an appropriate checking function in this process, the first-stage assessment is conducted by the relevant departments in charge of lending and investment, and the second-stage assessment by the credit risk analysis department. An accurate understanding of asset quality is of paramount importance to the maintenance of JICA's financial soundness and for disclosure.

*Quantifying Credit Risk* 

In addition to individual credit risk management, JICA quantifies credit risks with a view to evaluating the risk of its overall loan portfolio. To that end, it is important to take into account the characteristics of JICA's loan portfolio, a significant proportion of which consists of long-term loans and sovereign loans to developing and emerging countries. Also, JICA takes into account multilateral mechanisms for securing assets such as the Paris Club, which is a unique framework for debt management by official creditor countries. By incorporating these factors into the credit risk quantification model, JICA measures credit risks and utilizes data for internal controls. JICA will also extend these procedures to acquisition of bonds and making of credit guarantees to private entities in developing countries to the extent we engage in these transactions pursuant to revisions to the JICA Act enacted April 9, 2025.

The following table shows information related to JICA's risk-monitored loans disclosed according to the Banking Act and the Financial Reconstruction Act, based on self-assessment of assets, as of the dates indicated:

**Risk-Monitored Loans** 

---

| | | | |
|:---|:---|:---|:---|
|  | **As of March 31,** | **As of March 31,** | **As of March 31,** |
|  | **2023** | **2024** | **2025** |
|  | **(in billions of yen except for ratio)** | **(in billions of yen except for ratio)** | **(in billions of yen except for ratio)** |
|  Bankrupt or De Facto Bankrupt Assets |  |  |  |
|  Doubtful Assets | ¥87 | ¥87 | ¥89 |
|  Substandard Loans | 1055 | 1131 | 1091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans in Arrears by Three Months or More | 378 | 378 | 32 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Restructured Loans | 676 | 752 | 1059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **NPLs Based on the Banking Act and the Financial Reconstruction Act (A)** | ¥1142 | ¥1218 | ¥1179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Normal Loans (B)** | 14103 | 15498 | 16554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total (C) = (A) + (B)** | ¥15245 | ¥16716 | ¥17733 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **A / C (%)** | 7.49% | 7.29% | 6.65% |

---

***Market Risk***

Market risk refers to the potential losses incurred through changes in the value of assets and liabilities resulting from fluctuations in foreign currency exchange rates and/or interest rates. JICA bears risks arising from long-term fixed rate interest loans due to the characteristics of its lending activities. On this front, JICA is enhancing its capacity to absorb interest rate risk by using capital injections from the General Account Budget of the Japanese government.

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##### [**Table of Contents**](#toc)
Furthermore, interest rate swaps are carried out exclusively for the purpose of hedging interest rate risk. In order to control counterparty credit risk of interest rate swaps, the market value of transactions and credit worthiness of each counterparty are constantly assessed and collateral is secured when necessary.

With the introduction of operations such as Japanese ODA Loans with the option for borrowers to repay in currencies other than yen adopted in JFY 2012 and dollar-denominated Japanese ODA Loans started from the fiscal year ended March 31, 2017, currency risks may arise from the conversion of yen-denominated loans into foreign currency-denominated loans or from general exchange rate fluctuations. Consequently, currency risk is hedged through currency swaps. Moreover, when foreign currency-denominated investments are extended in PSIF, currency risk is assumed in connection with the valuation of investments. JICA manages this currency risk through regular and continuous monitoring of exchange rate fluctuations in the currency of the country in which the counterparty is located. JICA will extend the procedures above to acquisition of bonds and making of credit guarantees to private entities in developing countries to the extent we engage in these transactions pursuant to revisions to the JICA Act enacted April 9, 2025.

***Liquidity Risk***

Liquidity risk may result from a deterioration of JICA's credit or to an unexpectedly large increase in expenditures or an unexpectedly large decrease in revenues. JICA adopts various measures to avoid liquidity risk through management of its cash flow. This includes efforts to secure multiple sources of funds such as agency bonds and borrowing under fiscal investment and loan programs established by JICA.

***Operational Risk***

Operational risk refers to potential losses stemming from work processes, personnel activities, improper systems or other external events. JICA manages the operational risk as part of its compliance policy.

***Board Members***

The names, current positions and previous positions of executive officers and auditors as of August 1, 2025 are as follows:

**Executive Officers and Auditors** 

---

| | | | |
|:---|:---|:---|:---|
| **Title** | **Name** | **Date of<br>appointment** | **Previous Position** |
| President | TANAKA Akihiko | April 1, 2022 | President, the National Graduate Institute for Policy Studies (GRIPS), Japan |
| Executive Senior Vice President<br> Chief Sustainability Officer (CSO) | MIYAZAKI Katsura | May 23, 2024 | Senior Vice President, JICA |
| Senior Vice President | IMOTO Sachiko | October 1, 2021 | Director General, Media and Public Relations Department, JICA |
| Senior Vice President | ANDO Naoki | October 1, 2022 | Director General, Operations Strategy Department, JICA |
| Senior Vice President | OBA Yuichi | October 1, 2023 | Minister and Deputy Chief of Mission, Embassy of Japan in Thailand and Permanent Representative to UNESCAP |
| Senior Vice President | KAWAMURA Kenichi | October 1, 2023 | Director, Water Resources Planning Division, Water Resources Department, Water and Disaster Management Bureau, Ministry of Land, Infrastructure, Transport and Tourism |
| Senior Vice President | HATAEDA Mikio | October 1, 2023 | Vice President, JICA |
| Senior Vice President | YAHARA Masao | October 1, 2023 | Head, Special Projects and Outreach Unit, Directorate for Financial and Enterprise Affairs, OECD |
| Senior Vice President | HARA Shohei | May 23, 2024 | Director General, Operations Strategy Department, JICA |
| Senior Vice President | KOBAYASHI Hiroyuki | December 1, 2024 | Director General, Human Resources Department, JICA |
| Auditor | SANO Keiko | July 1, 2022 | Director General, Economic Development Department, JICA |
| Auditor | SEKIGUCHI Noriko | July 1, 2022 | Outside Director, Audit and Supervisory Committee Member, TOKYO OHKA KOGYO CO.,LTD |
| Auditor | AKAHANE Takashi | December 1, 2022 | Managing Partner at Anderson Mori & Tomotsune |

---

Notes:

(1) Senior vice presidents and auditors are listed in the order of their appointment.

(2) Number of executive officers and auditors: Pursuant to Article 7 of the JICA Act, there shall be one
president and three auditors, and there may be one executive senior vice president and up to eight senior vice presidents.

(3) Terms of office of executive officers and auditors: Pursuant to Article 21 of the Act on General
Rules for Incorporated Administrative Agencies, the term of office of the president is from the date of appointment until the last day of the mid-term plan currently in effect at the time of the
appointment, and the term of office of each auditor is from the date of appointment until the date that the audited financial statements covering the final fiscal year of the mid-term plan for which such
auditor is responsible are approved. Pursuant to Article 9 of the JICA Act, the term of office of the executive senior vice president, if any, is four years, and the term of office of the senior vice presidents, if any, is two years.

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##### [**Table of Contents**](#toc)
**Employees** 

JICA employed 2,011 full-time employees across the Headquarters in Tokyo, 15 domestic offices and 97 overseas offices as of January 2025.

## Exhibit 99.2

**Exhibit 2** 

**FINANCIAL STATEMENTS OF JAPAN INTERNATIONAL COOPERATION AGENCY ("JICA")** 

**AND REPORTS OF THE INDEPENDENT AUDITOR** 

---

| | |
|:---|:---|
|  **Index to Financial Statements** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Account |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Independent Auditor's Report](#ex2935258_1) | F-2 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Balance Sheet (as of March 31, 2025)](#ex2935258_2) | F-6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Administrative Service Operation Cost (April 1, 2024—March 31, 2025)](#ex2935258_3) | F-8 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Income (April 1, 2024—March 31, 2025)](#ex2935258_4) | F-9 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Changes in Net Assets (April 1, 2024—March 31, 2025)](#ex2935258_5) | F-10 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Cash Flows (April 1, 2024—March 31, 2025)](#ex2935258_6) | F-11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Basis of Presenting Financial Statements](#ex2935258_7) | F-12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Significant Accounting Policies](#ex2935258_8) | F-12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Notes to the Financial Statements](#ex2935258_9) | F-15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The Accompanying Supplementary Schedules](#ex2935258_10) | F-20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance and Investment Account |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Independent Auditor's Report](#ex2935258_11) | F-43 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Balance Sheet (as of March 31, 2025)](#ex2935258_12) | F-47 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Administrative Service Operation Cost (April 1, 2024—March 31, 2025)](#ex2935258_13) | F-49 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Income (April 1, 2024—March 31, 2025)](#ex2935258_14) | F-50 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Changes in Net Assets (April 1, 2024—March 31, 2025)](#ex2935258_15) | F-51 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Statement of Cash Flows (April 1, 2024—March 31, 2025)](#ex2935258_16) | F-52 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Basis of Presenting Financial Statements](#ex2935258_17) | F-53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Significant Accounting Policies](#ex2935258_18) | F-53 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Notes to the Financial Statements](#ex2935258_19) | F-57 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [The Accompanying Supplementary Schedules](#ex2935258_20) | F-70 |

---

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![LOGO](g935258dsp27.jpg)

**Independent Auditor's Report** 

Mr. Akihiko Tanaka, President

Japan International Cooperation Agency

***The Audit of the Financial Statements***

**Opinion** 

We have audited the accompanying financial statements of the general account of Japan International Cooperation Agency (the Agency), which comprise the balance sheet as at March 31, 2025 and the statements of administrative service operation cost, income, changes in net assets, and cash flows for the year then ended, and a summary of significant accounting policies and notes to the financial statements, and the accompanying supplementary schedules (except for the information described based on the financial statements and business reports relating to the associated public interest corporations).

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the general account of the Agency as at March 31, 2025, and its financial performance and its cash flows for the year then ended in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan.

**Basis for Opinion** 

We conducted our audit in accordance with auditing standards for incorporated administrative agencies generally accepted in Japan. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Agency in accordance with the ethical requirements that are relevant to our audit of the financial statements in Japan, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. The basis includes the fact that no such fraud or error, or illegal acts, of the president, other executive officers or staff members that would result in material misstatement in the financial statements was found, to the extent that we conducted our audit. The audit we conducted is not intended to express an opinion on whether there was any fraud or error, or illegal acts, of the president, other executive officers or staff members, which would not result in material misstatement in the financial statements.

**Other Information** 

The other information comprises the information included in the Annual Report that contains audited financial statements but does not include the financial statements and our auditor's report thereon. President is responsible for preparation and disclosure of the other information. The Agency Auditor is responsible for overseeing the Agency's reporting process of the other information.

------

![LOGO](g935258dsp27.jpg)

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated.

If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

**Responsibilities of President, and the Agency Auditor for the Financial Statements** 

President is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan, and for such internal control as president determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error or illegal acts.

The Agency Auditor is responsible for overseeing the Agency's financial reporting process.

**Auditor's Responsibilities for the Audit of the Financial Statements** 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, or illegal acts, and to issue an auditor's report that includes our opinion. Misstatements can arise from fraud or error, or illegal acts, and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with auditing standards for incorporated administrative agencies generally accepted in Japan, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or
error, or illegal acts, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.

• Consider internal control relevant to the audit in order to design audit procedures that are appropriate in the
circumstances for our risk assessments, while the purpose of the audit of the financial statements is not expressing an opinion on the effectiveness of the Agency's internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and
related disclosures made by president.

• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures,
and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan.

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![LOGO](g935258dsp27.jpg)

• Plan and conduct audit with adequate attention being paid to the possibility that any fraud or error, or illegal
acts, of the president, other executive officers or staff members may result in material misstatement in the financial statements.

We communicate with the Agency Auditor regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide the Agency Auditor with a statement that we have complied with the ethical requirements regarding independence that are relevant to our audit of the financial statements in Japan, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, actions taken to eliminate threats or safeguards applied to reduce threats to an acceptable level.

***Fee-related Information***

The fees for the audits of the financial statements of the Agency and other services provided by us and other EY member firms for the year ended March 31, 2025 are 54 million yen and 309 million yen, respectively.

------

![LOGO](g935258dsp27.jpg)

**Interest Required to Be Disclosed by the Certified Public Accountants Act of Japan** 

Our firm and its designated engagement partners do not have any interest in the Agency which is required to be disclosed pursuant to the provisions of the Certified Public Accountants Act of Japan.

---

| |
|:---|
| Ernst & Young ShinNihon LLC |
| Tokyo, Japan |
| September 26, 2025 |
| /s/ Kenji Izawa |
| Kenji Izawa |
| Designated Engagement Partner |
| Certified Public Accountant |
| /s/ Hiroshi Nishida |
| Hiroshi Nishida |
| Designated Engagement Partner |
| Certified Public Accountant |
| /s/ Yoshiyuki Hashimoto |
| Yoshiyuki Hashimoto |
| Designated Engagement Partner |
| Certified Public Accountant |

---

------

**<u>Balance Sheet</u>**

**(as of March 31, 2025)** 

**General Account** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| | | | | (Unit: Yen) |
|  Assets | Assets | Assets | Assets |  |
|  I Current assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and deposits |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225370447869 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stored goods | 794103958 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for uncompleted contracted programs | 1112121012 | 1906224970 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advance payments |  | 19760810062 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prepaid expenses |  | 7272429 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accrued income |  | 38273083 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accounts receivable |  | 3967966569 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Contra-accounts for provision for bonuses\* |  | 1418011853 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term loans for development projects |  | 6500000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Suspense payments |  | 73193382 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advance paid |  | 6645528 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total current assets |  |  | 252555345745 |  |
|  II Non-current assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 Tangible assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Buildings | 46224550916 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(22486334259) | 23738216657 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structures | 1543489364 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | (1200262880) | 343226484 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Machinery and equipment | 255538913 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | (192227530) | 63311383 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vehicles | 2435345005 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | (1797457514) | 637887491 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tools, furniture, and fixtures | 2201187795 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | (1269840530) | 931347265 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Land | 14177935458 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated impairment losses | (8710639) | 14169224819 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Construction in progress |  | 443556443 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total tangible assets |  | 40326770542 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2 Intangible assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trademark rights |  | 2820389 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Telephone subscription rights |  | 338100 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Software |  | 2131486201 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Software in progress |  | 946477464 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total intangible assets |  | 3081122154 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3 Investments and other assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term deposits |  | 2000000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term loans for development projects |  | 39000000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term prepaid expenses |  | 93874 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected amount to be granted from the national budget\* |  | 443520 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prepaid pension expenses |  | 2439400446 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Contra-accounts for provision for retirement benefits\* |  | 13472902259 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term guarantee deposits |  | 1595066012 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total investment and other assets |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17548906111 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total non-current assets |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60956798807 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total assets |  |  |  | 313512144552 |

---

------

**<u>Balance Sheet (Continued)</u>**

**(as of March 31, 2025)** 

---

| | | | |
|:---|:---|:---|:---|
|  Liabilities |  |  |  |
|  I Current liabilities |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operational grant liabilities\* | 67544806217 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Funds for grant aid | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144383065050 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Donations received\* | 442103930 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accounts payable | 25358213492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accrued expenses | 232260299 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lease obligations | 48979212 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advance payments received | 1521986910 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits received | 158092756 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unearned revenue | 403700 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for bonuses | 1418011853 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total current liabilities |  | 241107923419 |  |
|  II Non-current liabilities |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Contra-accounts for assets\* | 8702564068 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term lease obligations | 69125776 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for retirement benefits | 13472902259 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets retirement obligations | 400813796 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total non-current liabilities |  | 22645405899 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities |  |  | 263753329318 |
|  Net assets |  |  |  |
|  I Capital |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government investment | 61152034684 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total capital |  | 61152034684 |  |
|  II Capital surplus |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital surplus | 12073562977 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated other administrative service operation costs\* |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation not included in expenses\* | (22164319349) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated impairment losses not included in expenses\* | (8710639) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated interest expenses not included in expenses\* | (6944352) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated disposal and sale differential not included in expenses\* | (13082438181) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total capital surplus |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(23188849544) |  |
|  III Retained earnings |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reserve fund carried over from the previous Mid-term Objective period\* | 3405665060 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reserve fund | 7330136398 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unappropriated income for the current fiscal year | 1059828636 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Total income for the current fiscal year) | (1059828636) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total retained earnings |  | 11795630094 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total net assets |  |  | 49758815234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities and net assets |  |  | 313512144552 |

---

\* Accounts prepared in accordance with special accounting practices of incorporated administrative agencies.

------

**<u>Statement of Administrative Service Operation Cost</u>**

**(April 1, 2024-March 31, 2025)** 

**General Account** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | | (Unit: Yen) |
|  I | Expenses in the statement of income |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281254362365 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General administrative expenses | 13494973110 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial expenses | 382970217 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miscellaneous losses | 13769144 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Extraordinary losses | 39133413 |  |
|  | Total expenses in the statement of income |  | 295185208249 |
|  II | Other administrative service operation costs |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation not included in expenses\* | 170412506 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expenses not included in expenses\* | (59879) |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disposal and sale differential not included in expenses\* | 1069669780 |  |
|  | Total other administrative service operation costs |  | 1240022407 |
|  III | Administrative service operation cost |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;296425230656 |

---

\* Accounts prepared in accordance with special accounting practices of incorporated administrative agencies.

------

**<u>Statement of Income</u>** 

**(April 1, 2024-March 31, 2025)** 

**General Account** 

---

| | | | |
|:---|:---|:---|:---|
|  | | | (Unit: Yen) |
|  Ordinary expenses |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating expenses |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for priority sectors and regions | 88878468153 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for JICA Development Studies | 5997223962 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for private sector partnership | 4199062194 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for domestic partnership and acceptance of foreign human resources | 19053901181 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for strengthen foundations for operational implementation | 3698084218 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for indirect operations | 43798450595 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for grant aid | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113492865561 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for facilities | 539921665 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for contracted programs | 8492450 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses for donation projects | 72217724 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation | 1515674662 | 281254362365 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General administrative expenses |  | 13494973110 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial expenses |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign exchange losses | 382970217 | 382970217 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miscellaneous losses |  | 13769144 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total ordinary expenses |  |  | 295146074836 |
|  Ordinary revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from operational grants\* |  | 170283871688 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from grant aid |  | 113492865561 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from contracted programs |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from contracted programs from Japanese government and local governments | 8512488 | 8512488 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from development projects |  | 125922 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from emigration projects |  | 637754 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from subsidy for facilities\* |  | 539478145 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from expected amount to be granted from the national budget\* |  | 443520 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Donations\* |  | 72217724 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal of allowance for loan losses |  | 5927567 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from contra-accounts for provision for bonuses\* |  | 1418011853 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from contra-accounts for provision for retirement benefits\* |  | 1306076526 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal of contra-accounts for assets\* |  | 1587207941 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income | 173559833 | 173559833 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miscellaneous income |  | 2018355533 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total ordinary revenues |  |  | 290907292055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ordinary income |  |  | (4238782781) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Extraordinary losses |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on disposal of non-current assets |  | 36884883 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sales of non-current assets |  | 2248530 | 39133413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Extraordinary income |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal of contra-accounts for assets\* |  | 39133413 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gain on sales of non-current assets |  | 26610153 | 65743566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net income |  |  | (4212172628) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal of reserve fund carried over from the previous Mid-term Objective period\* |  |  | 5272001264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total income for the current fiscal year |  |  | 1059828636 |

---

\* Accounts prepared in accordance with special accounting practices of incorporated administrative agencies.

------

**<u>Statement of Changes in Net Assets</u>**

**(April 1, 2024-March 31, 2025)** 

---

| | |
|:---|:---|
|  **General Account** | (Unit: Yen) |

---

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | I Capital | I Capital | II Capital surplus | II Capital surplus | II Capital surplus | II Capital surplus | II Capital surplus | II Capital surplus | III Retained earnings (Loss carried forward) | III Retained earnings (Loss carried forward) | III Retained earnings (Loss carried forward) | III Retained earnings (Loss carried forward) | III Retained earnings (Loss carried forward) |  |
|  | Government<br>investment | Total capital | Capital surplus | Accumulated other administrative service operation cost | Accumulated other administrative service operation cost | Accumulated other administrative service operation cost | Accumulated other administrative service operation cost | Total capital<br>surplus | Reserve fund<br>carried over<br>from the<br>previous<br> Mid-term<br>Objective<br> period | Reserve fund | | | Total retained<br>earnings (Loss<br>carried<br> forward) | Total net assets |
|  | Government<br>investment | Total capital | Capital surplus | Accumulated<br>depreciation not<br>included in<br>expenses | Accumulated<br>impairment<br>losses not<br>included in<br>expenses | Accumulated<br>interest<br>expenses not<br>included in<br>expenses | Accumulated<br>disposal and<br>sale<br> differential not<br>included in<br>expenses | Total capital<br>surplus | Reserve fund<br>carried over<br>from the<br>previous<br> Mid-term<br>Objective<br> period | Reserve fund | <br>Unappropriated<br>income for the<br>current fiscal<br>year<br>(Unappropriated<br>loss for the<br>current fiscal<br>year) | <br>Total income<br>for the current<br>fiscal year<br>(Total loss for<br>the current<br>fiscal year) | Total retained<br>earnings (Loss<br>carried<br> forward) | Total net assets |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance at the beginning of the fiscal year | 61152034684 | 61152034684 | 9293122531 | (21993906843) | (8710639) | (7004231) | (12012768401) | (24729267583) | 8677666324 | 2675435036 | 4654701362 |  | 16007802722 | 52430569823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes during the period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I Changes in capital during the period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; II Changes in capital surplus during the period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchase of non-current assets |  |  | 2780440446 |  |  |  |  | 2780440446 |  |  |  |  |  | 2780440446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sale and retirement of non-current assets |  |  |  | 888104596 |  |  | (1069669780) | (181565184) |  |  |  |  |  | (181565184) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation |  |  |  | (1058517102) |  |  |  | (1058517102) |  |  |  |  |  | (1058517102) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in asset retirement obligations due to passage of time |  |  |  |  |  | 59879 |  | 59879 |  |  |  |  |  | 59879 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; III Changes in retained earnings (loss carried forward) during the period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Appropriation of income or loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in reserve fund derived from profit appropriation |  |  |  |  |  |  |  |  |  | 4654701362 | (4654701362) |  |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Others |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net income (Net loss) |  |  |  |  |  |  |  |  |  |  | (4212172628) | (4212172628) | (4212172628) | (4212172628) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal of reserve fund carried over from the previous Mid-term Objective period |  |  |  |  |  |  |  |  | (5272001264) |  | 5272001264 | 5272001264 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total changes during the period |  |  | 2780440446 | (170412506) |  | 59879 | (1069669780) | 1540418039 | (5272001264) | 4654701362 | (3594872726) | 1059828636 | (4212172628) | (2671754589) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance at the end of the fiscal year | 61152034684 | 61152034684 | 12073562977 | (22164319349) | (8710639) | (6944352) | (13082438181) | (23188849544) | 3405665060 | 7330136398 | 1059828636 | 1059828636 | 11795630094 | 49758815234 |

---

------

**<u>Statement of Cash Flows</u>**

**(April 1, 2024-March 31, 2025)** 

**General Account** 

---

| | |
|:---|:---|
|  | (Unit: Yen) |
| I. Cash flows from operating activities |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments of operating expenses | (151976674308) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for grant aid | (114602644876) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments of personnel expenses | (18684336397) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for contracted programs | (515092253) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for other operations | (936684168) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from operational grants | 167141389000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from grant aid | 101269038385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from contracted programs | 244306524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from interest on loans | 764033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from donations | 112081489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from other operations | 1999792959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal | (15948059612) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income received | 162211331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments to National Treasury | (81901703) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash used in operating activities | (15867749984) |
| II. Cash flows from investing activities |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for purchase of non-current assets | (3456136548) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from sales of non-current assets | 44139064 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from subsidy for facilities | 1857732278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from collection of loans | 15876527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments into time deposits | (697200000000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from time deposit refund | 684390000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for purchase of negotiable deposits | (71800000000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from refund of negotiable deposits | 71800000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash used in investing activities | (14348388679) |
| III. Cash flows from financing activities |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repayments of lease obligations | (67995069) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash used in financing activities | (67995069) |
| IV. Effect of exchange rate changes on funds | (346736186) |
| V. Net increase (decrease) in funds | (30630869918) |
| VI. Funds at the beginning of the fiscal year | 237001317787 |
| VII. Funds at the end of the fiscal year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206370447869 |

---

------

**Basis of Presenting Financial Statements** 

The Japan International Cooperation Agency (the "JICA") was established in October 2003 pursuant to the Act on General Rules for Incorporated Administrative Agencies and the Act of the Incorporated Administrative Agency—Japan International Cooperation Agency. The fiscal year end of JICA is March 31.

The accompanying financial statements of JICA as of March 31, 2025 have been prepared in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan. These principles differ in many respects from the application and disclosure requirements of the accounting principles for business enterprises generally accepted in Japan.

JICA's operations are separated into two accounts for accounting purposes pursuant to Article 17 of the Act of the Incorporated Administrative Agency—Japan International Cooperation Agency (the "JICA Act"): (a) a General Account, which is largely funded by management grants from the Japanese government, and (b) a Finance and Investment Account, which is funded through capital contributions and borrowings from the Japanese government, bonds issued to investors and interest and revenues generated by JICA from loans disbursed.

The financial statements are stated in Japanese yen, the currency of the country in which JICA is incorporated and operates.

**Significant Accounting Policies** 

General Account

**1. Revenue recognition method of operational grants** 

Revenue from operational grants is recognized in profit or loss on a systematic basis over the periods in which JICA recognizes based on the level of operational achievement.

The term-based revenue recognition method is applied for administrative operations except for the operations which have been specified as having a direct correlation between the operational achievement and operational grants.

Due to the difficulty to estimate the budget and terms, as well as to specify a correlation between the operational achievement and operational grants, the revenue from disaster relief operations, which are relief operations for unexpected disasters during the period, is therefore recognized as the related expenses when incurred.

**2. Depreciation method** 

&nbsp;&nbsp;&nbsp;&nbsp;(1) Tangible assets (except for lease assets)

Straight-line method

------

The useful lives of major assets are as follows:

---

| | |
|:---|:---|
|  Buildings: | 1–50 years |
|  Structures: | 1–42 years |
|  Machinery and equipment: | 1–17 years |
|  Vehicles: | 2– 6 years |
|  Tools, furniture, and fixtures: | 1–15 years |

---

The estimated depreciation costs for specific depreciable assets (Accounting Standards for Incorporated Administrative Agencies No. 87) and specific removal costs, etc., associated with asset retirement obligations (Accounting Standards for Incorporated Administrative Agencies No. 91) are indirectly deducted from capital surplus and reported as accumulated depreciation not included in expenses.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Intangible assets (except for lease assets)

Straight-line method

Software used by JICA is depreciated over its useful life (5 years).

&nbsp;&nbsp;&nbsp;&nbsp;(3) Leased assets

Leased assets are depreciated by the straight-line method over the lease term. Depreciation for leased assets is calculated with zero residual value being assigned to the asset.

**3. Provision for bonuses** 

Provision for bonuses is calculated and provided for based on estimated amounts of future payments attributable to the services that have been rendered by officers and employees applicable to the current fiscal year. Contra-accounts for provision for bonuses are equally accrued since the financial source is secured by operational grants.

**4. Provision for retirement benefits** 

Provision for retirement benefits is calculated and provided for based on estimated amounts of future payments attributable to the retirement of employees. It is accrued in line with the retirement benefit obligations and estimated plan assets applicable to the fiscal year ended March 31, 2025. If the estimated plan assets exceed the estimated retirement benefit obligations at the end of the fiscal year, the excess is recorded as prepaid pension expenses. In calculating the retirement benefit obligations, the estimated amount of retirement benefit payments is attributed to the period based on the straight-line basis. The profit and loss appropriation method for actuarial differences and past service costs is as follows:

Actuarial differences are recognized as a lump-sum gain or loss in the fiscal year in which they occur.

Past service costs are recognized as a lump-sum gain or loss in the fiscal year in which they occur.

------

The financial source for lump-sum severance indemnities is secured by operational grants. The estimated amount of retirement benefits is reported as Provision for retirement benefits and Contra-accounts for provision for retirement benefits. Therefore, an equal amount is recorded for both accounts. The financial source for defined benefit corporate pension plan contributions and reserve shortfall is secured by operational grants. Therefore, an equal amount of Provision for retirement benefits is accrued as Contra-accounts for provision for retirement benefits.

**5. Basis and standard for the accrual of allowance and loss contingencies** 

Allowance for loan losses

To provide for loan losses, JICA records the estimated amount of default as an allowance, taking into account the transition rate to delinquent loans for the ordinary loans. For doubtful loans, collectability is taken into consideration individually and the estimated amount of default is recorded as an allowance.

**6. Standard and method for the valuation of inventories** 

Stored goods

Stored goods valuation is based on the lower of cost or market using the first-in, first-out (FIFO) method.

**7. Translation standard for foreign currency-denominated assets and liabilities into yen** 

Foreign currency monetary claims and liabilities are translated into Japanese yen at the spot exchange rate at the balance sheet date. Exchange differences are recognized in profit or loss.

**8. Standard and method for the expected amount to be granted from the national budget** 

Among the expenses required for projects related to facility reserve subsidies, the expected amount to be granted from the national budget in subsequent years is accounted for in accordance with Article 84 of the Accounting Standards for Independent Administrative Agencies.

**9. Accounting treatment for consumption taxes** 

Consumption taxes and local consumption taxes are included in transaction amounts.

**10. Accounting principles and procedures to be adopted in cases where the accounting treatment is not clearly defined in the relevant accounting standards** 

Accounting treatment for grant aid

Funds received from the Japanese government for grant aid are recorded as Funds for grant aid in current liabilities at the time of receipt.

Subsequently, when funds are granted to the government of the recipient countries, in accordance with their purposes, they are recorded in operating expenses as Expenses for grant aid. The same amount is transferred from current liabilities to Revenues from grant aid in ordinary income.

------

**Notes to the financial statements** 

**General Account** 

**(Balance Sheet)** 

1. Impairment of Fixed Assets

Fixed assets for which indications of impairment have been identified.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Overview of the Purpose, Type, Location, and Book Value of Fixed Assets with indications of impairment.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;Asset Name | Purpose | Location | Type | Book Value |
| &nbsp;&nbsp;&nbsp; Sudan Office | Overseas <br> Office  | Khartoum, Republic <br> of Sudan  | Building | 10069864 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Overview of recognized indications of impairment

Due to the ongoing military conflicts in Sudan, the staff at the Sudan office have evacuated, and the office lease contract has been temporarily terminated. Consequently, indications of impairment have been recognized for tangible fixed assets located in Sudan as of the balance sheet date, despite the possibility of reopening the office in the same facility once the situation improves.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Basis for recognizing multiple fixed assets as a single unit for determining the presence of indications of impairment

Fixed assets with recognized indications of impairment are considered to provide services as a single unit because they fulfill their intended functions as building, including internal construction, electrical equipment, air conditioning, security equipment, and other facilities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Basis for Unrecognizing Impairment

Impairment is not recognized because there is a prospect of resuming the use of these assets if the local security situation improves.

2. Donated funds for grant aid

Grant aid is received in the form of donated funds from the government of Japan. JICA administers this grant aid based on grant agreements with the government of the recipient country. At the end of the fiscal year 2024, the outstanding balance of unexecuted grant agreements stood at ¥285,873,401,904.

3. Assets acquired through the investment from the government to Incorporated Administrative Agency

Of accumulated other administrative service operation cost, the amount of assets acquired through the investment from the government is ¥25,675,021,521.

------

**(Statement of Administrative Service Operation Cost)** 

1. Cost being borne by the public for the operation of Incorporated Administrative Agency

---

| | |
|:---|:---|
|  Administrative service operation cost | ¥296,425,230,656 |
|  Self-revenues, etc. | ¥(2300019407) |
|  Opportunity cost | ¥559,689,770 |
|  Cost being borne by the public for the operation of Incorporated Administrative Agency | ¥294,684,901,019 |

---

2. Method for computing opportunity cost

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Interest rate used to compute opportunity cost concerning government investment

1.485% with reference to the yield of 10-year fixed-rate Japanese government bonds at March 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Method for computing opportunity cost for public officers temporarily transferred to JICA

Of the estimated increase in retirement allowance during service rendered in JICA, costs are calculated in accordance with JICA's internal rules.

**(Statement of Cash Flows)** 

The funds shown in the statement of cash flows consist of cash, deposit accounts, and checking accounts.

1. Breakdown of balance sheet items and ending balance of funds

(as of March 31, 2025)

---

| | |
|:---|:---|
|  Cash and deposits | ¥225,370,447,869 |
|  Time deposits | ¥(19000000000) |
|  Ending balance of funds | ¥206,370,447,869 |

---

2. Description of significant non-cash transactions

(1) Assets acquired under finance leases

Tools, furniture, and fixtures ¥ 11,100,100

**(Financial Instruments)** 

1. Status of financial instruments

The General Account's fund management is limited to short-term deposits and public and corporate bonds while fund-raising consists mainly of operational grants approved by the competent minister. The General Account does not borrow from the government fund for Fiscal Investment and Loan Program (FILP), nor does it borrow funds from financial institutions or issue FILP Agency Bonds.

2. Fair value of financial instruments

Cash is excluded from the note, as well as Deposits and Accounts payable because they are settled in a short period, and thus their fair value approximates their carrying amount.

**(Retirement benefits)** 

1. Overview of retirement benefit plans

To provide retirement benefits for employees, JICA has a defined benefit pension plan comprised of a defined benefit corporate pension plan and a lump-sum severance indemnity plan, and a defined contribution plan comprised of a defined contribution pension plan.

------

2. Defined benefit pension plan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The changes in the retirement benefit obligation are as follows:

---

| | |
|:---|:---|
|  | (Unit: Yen) |
|  Retirement benefit obligation at the beginning of the fiscal year | 22179775086 |
|  Current service cost | 947861387 |
|  Interest cost | 190816330 |
|  Actuarial differences | 421695243 |
|  Retirement benefit paid | (1683668469) |
|  Past service cost | 0 |
|  Contribution by employees | 57875797 |
|  Retirement benefit obligation at the end of the fiscal year | 22114355374 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The changes in the plan assets are as follows:

---

| | |
|:---|:---|
|  | (Unit: Yen) |
|  Plan assets at the beginning of the fiscal year | 11396148255 |
|  Expected return on plan assets | 224962927 |
|  Actuarial differences | (592984903) |
|  Contribution by JICA | 389526362 |
|  Retirement benefit paid | (394674877) |
|  Contribution by employees | 57875797 |
|  Plan assets at the end of the fiscal year | 11080853561 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Reconciliation of the retirement benefit obligations and plan assets and provision for retirement benefits and prepaid pension expenses in the balance sheets

---

| | |
|:---|:---|
|  | (Unit: Yen) |
|  Funded retirement benefit obligation | 8641453115 |
|  Plan assets | (11080853561) |
|  Unfunded benefit obligations of funded pension plan | (2439400446) |
|  Unfunded benefit obligations of unfunded pension plan | 13472902259 |
|  Subtotal | 11033501813 |
|  Unrecognized actuarial differences | 0 |
|  Unrecognized past service cost | 0 |
|  Net amount of assets and liabilities in the balance sheets | 11033501813 |
|  Provision for retirement benefits | 13472902259 |
|  Prepaid pension expenses | 2439400446 |
|  Net amount of assets and liabilities in the balance sheets | 11033501813 |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Components of retirement benefit expenses

---

| | |
|:---|:---|
|  | (Unit: Yen) |
|  Current service cost | 947861387 |
|  Interest cost | 190816330 |
|  Expected return on plan assets | (224962927) |
|  Realized actuarial differences | 1014680146 |
|  Amortization of past service cost | 0 |
|  Extraordinary additional retirement payments | 0 |
|  Total | 1928394936 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) Major components of plan assets

Percentages of components to the total are as follows:

---

| | |
|:---|:---|
|  Bonds | 47% |
|  Stocks | 41% |
|  General account of life insurance company | 4% |
|  Others | 8% |
|  Total | 100% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Method of determining the long-term expected rate of return on plan assets

The long-term expected rate of return on plan assets is determined based on components of plan assets, the actual historical returns, and market condition and other factors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) Assumptions used

Principal assumptions used in actuarial calculations at the end of the fiscal year

---

| | | |
|:---|:---|:---|
|  Discount rate | Defined benefit corporate pension plan | 1.07% |
|  | Retirement benefits | 0.74% |
|  Long-term expected rate of return on plan assets | Long-term expected rate of return on plan assets | 2.00% |

---

3. Defined contribution plan

The amount of contribution required to be made to the defined contribution plan is ¥44,372,996.

**(Lease transactions)** 

1. Future minimum lease payments related to operating lease transactions

---

| | |
|:---|:---|
| Future minimum lease payments due within one year of the balance sheet date | ¥26,371,082 |
| Future minimum lease payments corresponding to periods more than one year from the balance sheet date | ¥10,070,604 |

---

2. The impact of the finance lease transactions on the profit or loss in the current fiscal year was ¥576,823. Total income for the current fiscal year after the deduction of this amount was ¥1,059,251,813.

**(Asset retirement obligations)** 

1. Overview of asset retirement obligations

In accordance with a building lease agreement, JICA has the obligation to restore the head office building to its original state. Restoration costs are reasonably estimated and recognized as asset retirement obligations.

------

2. Amount and calculation method of asset retirement obligations

The estimate for the asset retirement obligations assumes a five-year lease period for the projected period of use and a discount rate between (0.048)% and 0.529%.

3. Changes in the total amount of asset retirement obligations in the current fiscal year

---

| | |
|:---|:---|
| | (Unit: Yen) |
| &nbsp;&nbsp; Balance at the beginning of the fiscal year | 400873675 |
| &nbsp;&nbsp; Increase related to acquisition of tangible assets |  |
| &nbsp;&nbsp; Adjustment resulting from passage of time | (59879) |
| &nbsp;&nbsp; Decrease due to settlement of asset retirement obligations |  |
| &nbsp;&nbsp; Balance at the end of the fiscal year | 400813796 |

---

**(Significant contractual liabilities)** 

The amount of Significant contractual liabilities expected to be paid from the following fiscal year is ¥4,928,220,000

**(Significant subsequent events)** 

Not applicable

------

**The Accompanying Supplementary Schedules** 

**General Account** 

(1) Details of acquisition and disposal of non-current assets, depreciation
(including depreciation not included in expenses, in accordance with "No. 87, Accounting for the Depreciation of Specific Depreciable Assets" and "No. 91, Accounting for Specific Removal Costs, etc., associated with Asset
Retirement Obligations"), and accumulated impairment losses

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;Type | &nbsp;&nbsp;&nbsp;Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at the<br> beginning of<br> the period | Increase during<br>the period | Decrease during<br>the period | Balance at the<br>end of the period | <br> Accumulated depreciation | <br> Accumulated depreciation | <br> Accumulated impairment losses  | <br> Accumulated impairment losses  | Net assets at the<br>end of the<br> period | Remarks |
| &nbsp;&nbsp;&nbsp;Type | &nbsp;&nbsp;&nbsp;Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at the<br> beginning of<br> the period | Increase during<br>the period | Decrease during<br>the period | Balance at the<br>end of the period |  | Depreciation<br>during the<br> period |  | Impairment losses <br>during the<br> period | Net assets at the<br>end of the<br> period | Remarks |
| &nbsp;&nbsp;&nbsp;Tangible assets (Depreciation included in expenses) | Buildings | 4293739582 | 235722599 | 18627167 | 4510835014 | 1640306101 | 270061610 | 0 | 0 | 2870528913 |  |
| &nbsp;&nbsp;&nbsp;Tangible assets (Depreciation included in expenses) | Structures | 227704167 | 2363660 | 4753229 | 225314598 | 134204989 | 13892160 | 0 | 0 | 91109609 |  |
| &nbsp;&nbsp;&nbsp;Tangible assets (Depreciation included in expenses) | Machinery and equipment | 211076556 | 7401116 | 14270734 | 204206938 | 146628143 | 14929398 | 0 | 0 | 57578795 |  |
| &nbsp;&nbsp;&nbsp;Tangible assets (Depreciation included in expenses) | Vehicles | 2439554949 | 141930196 | 149128867 | 2432356278 | 1794767660 | 186049725 | 0 | 0 | 637588618 |  |
| &nbsp;&nbsp;&nbsp;Tangible assets (Depreciation included in expenses) | Tools, furniture, and fixtures | 2128237913 | 131151531 | 406575520 | 1852813924 | 1103073554 | 189829155 | 0 | 0 | 749740370 |  |
| &nbsp;&nbsp;&nbsp;Tangible assets (Depreciation included in expenses) | Total | 9300313167 | 518569102 | 593355517 | 9225526752 | 4818980447 | 674762048 | 0 | 0 | 4406546305 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tangible assets (Depreciation not included in expenses) | Buildings | 39992229375 | 2776940215 | 1055453688 | 41713715902 | 20846028158 | 1042788702 | 0 | 0 | 20867687744 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tangible assets (Depreciation not included in expenses) | Structures | 1318913017 | 3500231 | 4238482 | 1318174766 | 1066057891 | 15367878 | 0 | 0 | 252116875 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tangible assets (Depreciation not included in expenses) | Machinery and equipment | 55784238 | 0 | 4452263 | 51331975 | 45599387 | 360522 | 0 | 0 | 5732588 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tangible assets (Depreciation not included in expenses) | Vehicles | 2988727 | 0 | 0 | 2988727 | 2689854 | 0 | 0 | 0 | 298873 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tangible assets (Depreciation not included in expenses) | Tools, furniture, and fixtures | 354006563 | 0 | 5632692 | 348373871 | 166766976 | 0 | 0 | 0 | 181606895 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tangible assets (Depreciation not included in expenses) | Total | 41723921920 | 2780440446 | 1069777125 | 43434585241 | 22127142266 | 1058517102 | 0 | 0 | 21307442975 |  |
| &nbsp;&nbsp;&nbsp;Tangible assets (Non-depreciable assets) | Land | 14177935458 | 0 | 0 | 14177935458 | 0 | 0 | 8710639 | 0 | 14169224819 |  |
| &nbsp;&nbsp;&nbsp;Tangible assets (Non-depreciable assets) | Construction in progress | 1701285427 | 269704476 | 1527433460 | 443556443 | 0 | 0 | 0 | 0 | 443556443 |  |
| &nbsp;&nbsp;&nbsp;Tangible assets (Non-depreciable assets) | Total | 15879220885 | 269704476 | 1527433460 | 14621491901 | 0 | 0 | 8710639 | 0 | 14612781262 |  |
| &nbsp;&nbsp;&nbsp;Total tangible assets | Buildings | 44285968957 | 3012662814 | 1074080855 | 46224550916 | 22486334259 | 1312850312 | 0 | 0 | 23738216657 |  |
| &nbsp;&nbsp;&nbsp;Total tangible assets | Structures | 1546617184 | 5863891 | 8991711 | 1543489364 | 1200262880 | 29260038 | 0 | 0 | 343226484 |  |
| &nbsp;&nbsp;&nbsp;Total tangible assets | Machinery and equipment | 266860794 | 7401116 | 18722997 | 255538913 | 192227530 | 15289920 | 0 | 0 | 63311383 |  |
| &nbsp;&nbsp;&nbsp;Total tangible assets | Vehicles | 2442543676 | 141930196 | 149128867 | 2435345005 | 1797457514 | 186049725 | 0 | 0 | 637887491 |  |
| &nbsp;&nbsp;&nbsp;Total tangible assets | Tools, furniture, and fixtures | 2482244476 | 131151531 | 412208212 | 2201187795 | 1269840530 | 189829155 | 0 | 0 | 931347265 |  |
| &nbsp;&nbsp;&nbsp;Total tangible assets | Land | 14177935458 | 0 | 0 | 14177935458 | 0 | 0 | 8710639 | 0 | 14169224819 |  |
| &nbsp;&nbsp;&nbsp;Total tangible assets | Construction in progress | 1701285427 | 269704476 | 1527433460 | 443556443 | 0 | 0 | 0 | 0 | 443556443 |  |
| &nbsp;&nbsp;&nbsp;Total tangible assets | Total | 66903455972 | 3568714024 | 3190566102 | 67281603894 | 26946122713 | 1733279150 | 8710639 | 0 | 40326770542 |  |
| &nbsp;&nbsp;&nbsp;Intangible assets (Depreciation included in expenses) | Trademark rights | 11290558 | 0 | 0 | 11290558 | 8470169 | 384598 | 0 | 0 | 2820389 |  |
| &nbsp;&nbsp;&nbsp;Intangible assets (Depreciation included in expenses) | Software | 5171865799 | 1620802840 | 19651372 | 6773017267 | 4641531066 | 840528016 | 0 | 0 | 2131486201 |  |
| &nbsp;&nbsp;&nbsp;Intangible assets (Depreciation included in expenses) | Total | 5183156357 | 1620802840 | 19651372 | 6784307825 | 4650001235 | 840912614 | 0 | 0 | 2134306590 |  |
| &nbsp;&nbsp;&nbsp;Intangible assets (Depreciation not included in expenses) | Trademark rights | 1139550 | 0 | 0 | 1139550 | 1139550 | 0 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;Intangible assets (Depreciation not included in expenses) | Total | 1139550 | 0 | 0 | 1139550 | 1139550 | 0 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;Intangible assets (Non-depreciable assets) | Telephone subscription rights | 969150 | 0 | 631050 | 338100 | 0 | 0 | 0 | 0 | 338100 |  |
| &nbsp;&nbsp;&nbsp;Intangible assets (Non-depreciable assets) | Software in progress | 1535968343 | 825317118 | 1414807997 | 946477464 | 0 | 0 | 0 | 0 | 946477464 |  |
| &nbsp;&nbsp;&nbsp;Intangible assets (Non-depreciable assets) | Total | 1536937493 | 825317118 | 1415439047 | 946815564 | 0 | 0 | 0 | 0 | 946815564 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total intangible assets | Trademark rights | 12430108 | 0 | 0 | 12430108 | 9609719 | 384598 | 0 | 0 | 2820389 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total intangible assets | Telephone subscription rights | 969150 | 0 | 631050 | 338100 | 0 | 0 | 0 | 0 | 338100 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total intangible assets | Software | 5171865799 | 1620802840 | 19651372 | 6773017267 | 4641531066 | 840528016 | 0 | 0 | 2131486201 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total intangible assets | Software in progress | 1535968343 | 825317118 | 1414807997 | 946477464 | 0 | 0 | 0 | 0 | 946477464 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total intangible assets | Total | 6721233400 | 2446119958 | 1435090419 | 7732262939 | 4651140785 | 840912614 | 0 | 0 | 3081122154 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Long-term deposits | 2000000 | 0 | 0 | 2000000 | 0 | 0 | 0 | 0 | 2000000 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Long-term loans for development projects | 45500000 | 0 | 6500000 | 39000000 | 0 | 0 | 0 | 0 | 39000000 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Long-term loans for emigration projects | 20573886 | 0 | 20573886 | 0 | 0 | 0 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Allowance for loan losses (non-current) | (17930357) | 0 | (17930357) | 0 | 0 | 0 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Claims probable in bankruptcy, claims probable in rehabilitation, and other pertaining to loans for emigration projects | 30562179 | 0 | 30562179 | 0 | 0 | 0 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Allowance for loan losses (non-current) | (30562179) | 0 | (30562179) | 0 | 0 | 0 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Long-term prepaid expenses | 4330622 | 2760648 | 6997396 | 93874 | 0 | 0 | 0 | 0 | 93874 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Expected amount to be granted from the national budget | 0 | 443520 | 0 | 443520 | 0 | 0 | 0 | 0 | 443520 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Long-term guarantee deposits | 1715969464 | 74479133 | 195382585 | 1595066012 | 0 | 0 | 0 | 0 | 1595066012 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Prepaid pension expenses | 2548652822 | (109252376) | 0 | 2439400446 | 0 | 0 | 0 | 0 | 2439400446 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Contra-accounts for provision for retirement benefits | 13332279653 | 1429616198 | 1288993592 | 13472902259 | 0 | 0 | 0 | 0 | 13472902259 |  |
| &nbsp;&nbsp;&nbsp;Investments and other assets | Total | 17651376090 | 1398047123 | 1500517102 | 17548906111 | 0 | 0 | 0 | 0 | 17548906111 |  |

---

(Note) Contra-accounts for provision for retirement benefits is described in No. 4 of Significant Accounting Policies.

------

**General Account** 

(2) Details of inventories

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | (Unit: Yen) |
| &nbsp;&nbsp; <br> Type | <br> Balance at the beginning<br>of the period | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase during the period  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase during the period  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease during the period  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease during the period  | <br> Balance at the end<br>of the period | <br> Remarks |
| &nbsp;&nbsp; <br> Type | <br> Balance at the beginning<br>of the period | <br> Purchase, manufacturing<br>and transfer for the<br>current fiscal year | Others | <br> Delivery and transfer | <br> Others | <br> Balance at the end<br>of the period | <br> Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp; Stored goods | 821332977 | 133865601 | 0 | 161094620 | 0 | 794103958 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Stockpile | 821332977 | 133865601 | 0 | 161094620 | 0 | 794103958 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan | 51423676 | 0 | 0 | 0 | 0 | 51423676 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USA | 194307789 | 25420068 | 0 | 67737129 | 0 | 151990728 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Republic of Singapore | 336966500 | 30554160 | 0 | 79397258 | 0 | 288123402 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UAE | 228568052 | 77353222 | 0 | 13960233 | 0 | 291961041 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Republic of Palau | 5076454 | 538151 | 0 | 0 | 0 | 5614605 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Republic of Marshall Islands | 4990506 | 0 | 0 | 0 | 0 | 4990506 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Payments for uncompleted contracted programs | 507235932 | 604885080 | 0 | 0 | 0 | 1112121012 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total | 1328568909 | 738750681 | 0 | 161094620 | 0 | 1906224970 |  |

---

------

**General Account** 

(3) Details of loans

(Unit: Yen)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;Classification | Balance at the<br>beginning of the<br>period | Increase during the<br>period | Decrease during the period | Decrease during the period | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;Classification | Balance at the<br>beginning of the<br>period | Increase during the<br>period | Collection | Others | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp; Other short-term loans |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans for development projects | 6500000 | 6500000 | 6500000 | 0 | 6500000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans for emigration projects | 713255 | 0 | 713255 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal | 7213255 | 6500000 | 7213255 | 0 | 6500000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Other long-term loans |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans for development projects | 45500000 | 0 | 0 | 6500000 | 39000000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans for emigration projects | 51136065 | 0 | 8478730 | 42657335 | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal | 96636065 | 0 | 8478730 | 49157335 | 39000000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103849320 | 6500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15691985 | 49157335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45500000 |  |

---

(Note) "Others" shown under "Decrease during the period" is due to transfer from long-term to short-term loans.

------

**General Account** 

(4) Details of provisions

(Unit: Yen)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;Classification | <br> Balance at the<br>beginning of the<br>period | Increase during the<br>period | Decrease during the period | Decrease during the period | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;Classification | <br> Balance at the<br>beginning of the<br>period | Increase during the<br>period | Intended use | Others | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp; Provision for bonuses | &nbsp;&nbsp;&nbsp;&nbsp;1400452752 | 1418011853 | 1400452752 | 0 | 1418011853 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 1400452752 | &nbsp;&nbsp;&nbsp;&nbsp;1418011853 | 1400452752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1418011853 |  |

---

------

**General Account** 

(5) Details of allowance for loan losses, etc.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;Classification | <br> Balance of loans, etc. | <br> Balance of loans, etc. | <br> Balance of loans, etc. | Balance of allowance for loan losses | Balance of allowance for loan losses | Balance of allowance for loan losses | Remarks |
| &nbsp;&nbsp;&nbsp;Classification | Balance at the<br>beginning of<br> the period | Increase or<br>decrease<br>during the<br>period | Balance at the<br>end of the<br>period | Balance at the<br>beginning of<br> the period | Increase or<br>decrease<br> during the<br>period | Balance at the<br>end of the<br>period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp; (Development projects) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term loans for development projects | 6500000 | 0 | 6500000 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ordinary loans | 6500000 | 0 | 6500000 | 0 | 0 | 0 | <br> Breakdown of the preservation of claims for the year-end balance of loans is as follows:<br> Joint and several guarantee ¥6,500,000<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term loans for development projects | 45500000 | (6500000) | 39000000 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ordinary loans | 45500000 | (6500000) | 39000000 | 0 | 0 | 0 | <br> Breakdown of the preservation of claims for the year-end balance of loans is as follows:<br> Joint and several guarantee ¥39,000,000<br>|
| &nbsp;&nbsp;&nbsp; (Development projects in total) | 52000000 | (6500000) | 45500000 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Emigration projects) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term loans for emigration projects | 713255 | (713255) | 0 | 92366 | (92366) | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ordinary loans | 713255 | (713255) | 0 | 92366 | (92366) | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term loans for emigration projects | 51136065 | (51136065) | 0 | 48492536 | (48492536) | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ordinary loans | 3036794 | (3036794) | 0 | 393265 | (393265) | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Doubtful loans | 17537092 | (17537092) | 0 | 17537092 | (17537092) | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Claims probable in bankruptcy, claims probable in rehabilitation, and other  | 30562179 | (30562179) | 0 | 30562179 | (30562179) | 0 |  |
| &nbsp;&nbsp;&nbsp; (Emigration projects in total) | 51849320 | (51849320) | 0 | 48584902 | (48584902) | 0 |  |
| &nbsp;&nbsp;&nbsp;Total | 103849320 | (58349320) | 45500000 | 48584902 | (48584902) | 0 |  |

---

(Note) Standard for appropriation of allowance for loan losses is described in No. 5 of Significant Accounting Policies.

------

**General Account** 

(6) Details of provision for retirement benefits

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp; Classification | Balance at the<br>beginning of the<br>period | Increase during the<br>period | Decrease during<br>the period | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Total retirement benefit obligations | 22179775086 | 1618248757 | 1683668469 | 22114355374 |  |
| Retirement benefits<br>| 13332279653 | 1429616198 | 1288993592 | 13472902259 |  |
| Defined benefit corporate pension plan<br>| 8847495433 | 188632559 | 394674877 | 8641453115 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Unrecognized past service cost and unrecognized actuarial differences | 0 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Plan assets | 11396148255 | 79380183 | 394674877 | 11080853561 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Provision for retirement benefits | 13332279653 | 1429616198 | 1288993592 | 13472902259 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Prepaid pension expenses | 2548652822 | (109252376) | 0 | 2439400446 |  |

---

------

**General Account** 

(7) Details of asset retirement obligations

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp; Classification | Balance at the<br> beginning of the<br>period | Increase during the<br>period | Decrease during<br>the period | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>Obligations of restoration to original state based on a building lease agreement | &nbsp;&nbsp;&nbsp;&nbsp;400873675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59879 | &nbsp;&nbsp;&nbsp;&nbsp;400813796 | <br> Specified expenses in<br> Accounting Standards for Incorporated Administrative Agencies No. 91<br>|

---

------

**General Account** 

(8) Details of capital surplus

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp; Classification | Balance at the<br>beginning of the<br>period | Increase during the<br>period | Decrease during<br>the period | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp; Facility expenses | 5357821431 | 2780440446 | 0 | 8138261877 | &nbsp;&nbsp; Increase due to acquisition of non-current assets |
| &nbsp;&nbsp;&nbsp;&nbsp; Operational grants | 98208983 | 0 | 0 | 98208983 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Donations and others | 2000000 | 0 | 0 | 2000000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital reduction | 3605147304 | 0 | 0 | 3605147304 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Specified assets in Accounting Standards for Incorporated Administrative Agencies No. 87 | (122494000) | 0 | 0 | (122494000) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Lease contracts | (113690859) | 0 | 0 | (113690859) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Reserve fund carried over from the previous Mid-term Objective period | 466129672 | 0 | 0 | 466129672 |  |
| &nbsp;&nbsp;&nbsp; Total | 9293122531 | 2780440446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | 12073562977 |  |

---

------

**General Account** 

(9) Details of operational grant liabilities, transfer for the current period, etc.

1. Details of changes in operational grant liabilities

(Unit: Yen)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;Balance at the <br>beginning of the <br>period  | Operational grants for<br>the current period | Transfer for the current period | Transfer for the current period | Transfer for the current period | Transfer for the current period | Offset by contra-<br> accounts for<br> provision | Balance at the end of<br> the period |
| &nbsp;&nbsp;&nbsp;Balance at the <br>beginning of the <br>period  | Operational grants for<br>the current period | Revenues from<br> operational grants | Contra-accounts for<br> assets funded by<br> operational grants | Capital surplus | Subtotal | Offset by contra-<br> accounts for<br> provision | Balance at the end of<br> the period |
| &nbsp;&nbsp;&nbsp;74844036374 | 167141389000 | 170283871688 | 1590840797 | 0 | 171874712485 | 2565906672 | 67544806217 |

---

2. Details of the transfer amount from operational grant liabilities and the main usage

---

| | | | |
|:---|:---|:---|:---|
| (1) Details of the transfer amount to operational grant revenue and the main usage | (1) Details of the transfer amount to operational grant revenue and the main usage | (1) Details of the transfer amount to operational grant revenue and the main usage | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;&nbsp; Classification | Revenues from<br>operational grants | Main usages of operational grants | Main usages of operational grants |
| &nbsp;&nbsp;&nbsp;&nbsp; Classification | Revenues from<br>operational grants | Expenses | Main usages |
| &nbsp;&nbsp;&nbsp;Transfer based on operation achievement method |  |  |  |
| Priority development cooperation issues | 119034417129 | 119030763139 | Personnel expenses: ¥11,188,264,634, Outsourcing expenses: ¥52,947,592,010, Other expenses: ¥54,894,906,495 |
| JICA Development Studies | 7572718048 | 7572718048 | Personnel expenses: ¥754,946,953, Fees paid to experts: ¥1,036,794,914, Other expenses: ¥5,780,976,181 |
| Partnerships with the private sector | 4833889664 | 4880721240 | Personnel expenses: ¥528,589,432, Outsourcing expenses: ¥3,707,560,852, Other expenses: ¥644,570,956 |
| Partnerships with various development partners | 23173266944 | 23171074597 | Personnel expenses: ¥2,398,557,189, Fees paid to experts: ¥7,661,197,618, Other expenses: ¥13,111,319,790 |
| Strengthen foundations for operational implementation | 3770327990 | 3768807684 | Personnel expenses: ¥465,524,955, Fees paid to experts: ¥1,993,697,054, Other expenses: ¥1,309,585,675 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transfer based on term method |  |  |  |
| Common | 11365122373 | 11457484052 | Personnel expenses: ¥4,003,455,881, Rents: ¥874,547,921, Other expenses: ¥6,579,480,250 |
| &nbsp;&nbsp;&nbsp;&nbsp; Transfer based on the related expenses are incurred |  |  |  |
| Disaster relief activities | 534129540 | 534129540 | Outsourcing expenses: ¥166,040,607, Rents: ¥74,465,692, Other expenses: ¥293,623,241 |
| Total | 170283871688 | 170415698300 |  |

---

---

| | |
|:---|:---|
| (2) Details of transfer amount to contra-accounts for assets funded by operational grants and main usages | (Unit: Yen) |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Segment | Transfer amount to contra-accounts for assets funded by operational grants | Transfer amount to contra-accounts for assets funded by operational grants |
| &nbsp;&nbsp;&nbsp;&nbsp; Segment | Transfer amount | Main usages |
| &nbsp;&nbsp;&nbsp;Priority development cooperation issues | 1012942105 | Software in progress: ¥586,439,043<br> Vehicles: ¥88,092,934<br> Others: ¥338,410,128 |
| &nbsp;&nbsp;&nbsp;JICA Development Studies | 66205424 | Software in progress: ¥39,570,960<br> Vehicles: ¥5,944,219<br> Others: ¥20,690,245 |
| &nbsp;&nbsp;&nbsp;Partnerships with the private sector | 46354896 | Software in progress: ¥27,706,306<br> Vehicles: ¥4,161,950<br> Others: ¥14,486,640 |
| &nbsp;&nbsp;&nbsp;&nbsp; Partnerships with various development partners | 236243976 | Software in progress: ¥125,721,694<br> Tools, furniture, and fixtures ¥24,680,404<br> Others: ¥85,841,878 |
| &nbsp;&nbsp;&nbsp;&nbsp; Strengthen foundations for operational implementation | 175993119 | Stored goods ¥133,327,450<br> Software in progress: ¥24,400,747<br> Others: ¥18,264,922 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common | 53101277 | Software: ¥35,510,236<br> Software in progress: ¥12,747,118<br> Others: ¥4,843,923 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total | 1590840797 |  |

---

---

| | | |
|:---|:---|:---|
| 3. Details of offset by contra-accounts for provision | 3. Details of offset by contra-accounts for provision | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;&nbsp; Segment | Offset by provision of allowance | Offset by provision of allowance |
| &nbsp;&nbsp;&nbsp;&nbsp; Segment | Offset amount | Details of offset |
| &nbsp;&nbsp;&nbsp;&nbsp; Priority development cooperation issues | 871183136 | Contra-accounts for provision for bonuses: ¥871,183,136 |
| &nbsp;&nbsp;&nbsp;&nbsp; JICA Development Studies | 58784546 | Contra-accounts for provision for bonuses: ¥58,784,546 |
| &nbsp;&nbsp;&nbsp;&nbsp; Partnerships with the private sector | 41159037 | Contra-accounts for provision for bonuses: ¥41,159,037 |
| &nbsp;&nbsp;&nbsp;&nbsp; Partnerships with various development partners | 189639007 | Contra-accounts for provision for bonuses: ¥189,639,007 |
| &nbsp;&nbsp;&nbsp;&nbsp; Strengthen foundations for operational implementation | 79865383 | Contra-accounts for provision for bonuses: ¥79,865,383 |
| &nbsp;&nbsp;&nbsp;&nbsp; Common | 1325275563 | Contra-accounts for provision for bonuses: ¥159,821,643<br> Contra-accounts for provision for retirement benefits: ¥1,165,453,920 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp;&nbsp;2565906672 |  |

---

---

| | | |
|:---|:---|:---|
| <br> 4. Details of the balance of operational grant liabilities |  | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;Balance of operational grant liabilities | &nbsp;&nbsp;&nbsp;Balance of operational grant liabilities | Reasons for the accrual of balance and revenue generation plan |
| &nbsp;&nbsp;&nbsp;Balance in relation to operations to which the revenue recognition method based on operation achievement is applied | 66426106296 | The balance of operational grant liabilities carried forward to the next fiscal year and revenue generation plan are as follows.<br> (1) Priority development cooperation issues<br> A part of technical cooperation projects and training programs to solve development issues in developing regions will be implemented in the next fiscal year due to the circumstances of the partner countries and delays in equipment procurement and others. Hence, ¥60,488,186,759 (including advanced payments and others ¥13,395,762,705) will be transferred to revenue in the next fiscal year.<br> (2) JICA Development Studies<br> In JICA Development Studies Program, which is a program to prepare future leaders in development, a part of the projects to accept training participant will be implemented in the next fiscal year due to the circumstances of the partner countries and the partners which accept the trainees. Hence, ¥174,629,864 (including advanced payments and others ¥368,423) will be transferred to revenue in the next fiscal year.<br> (3) Partnerships with the private sector<br> ¥187,111,538 of advanced payment will be transferred to revenue in the next fiscal year.<br> (4) Partnerships with various development partners<br> In volunteer programs which promote citizens to participate in development cooperation and science and technology cooperation, a part of the cooperation programs will be implemented in the next fiscal year due to circumstances of the partner countries. Hence, ¥5,688,214,047 (including advanced payments and others ¥4,268,017,355) will be transferred to revenue in the next fiscal year.<br> (5) Strengthen foundations for operational implementation<br> In promotion development to promote the strengthen foundations for operational implementation, a part of the programs will be implemented in the next fiscal year due to circumstances of the partner countries. Hence, ¥58,335,336 (including advanced payments and others ¥51,171,631) will be transferred to revenue in the next fiscal year.<br>Of the total amount of (1) to (5), which is 66,596,477,544 yen, the amount of 170,371,248 yen spent in excess of the allocated amount in the current fiscal year, totaling 66,426,106,296 yen, will be carried over to the next fiscal year. |
| &nbsp;&nbsp;&nbsp;Balance in relation to operations to which the revenue recognition method based on cost progress method is applied | 400615369 | The revenue recognition method based on cost progress method is applied for the disaster relief activities that occurred unexpectedly during the fiscal year. The carried over balance of Operational grant liabilities will be transferred to revenue in the next fiscal year. |
| &nbsp;&nbsp;&nbsp;Undistributed amount, etc. | 718084552 | Amount spent in excess of the allocated amount during the current mid-term target period: 718,084,552 yen (Due to insufficient funding, revenue is expected to be recognized in the final fiscal year of the medium-term target period, pursuant to Article 81, Paragraph 4 of the accounting standards) |
| &nbsp;&nbsp;&nbsp;Total | 67544806217 |  |

---

------

**General Account** 

(10) Details of facility expenses

(Unit: Yen)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  |  | <br> Breakdown of the accounting treatment mentioned on the left side | <br> Breakdown of the accounting treatment mentioned on the left side | <br> Breakdown of the accounting treatment mentioned on the left side | <br> Breakdown of the accounting treatment mentioned on the left side | Remarks  |
| &nbsp;&nbsp;&nbsp;Classification | Amount granted in the<br>current period | <br> Contra-accounts for<br> construction in progress<br>funded by subsidy for<br>facilities | Capital surplus | Revenues from<br>subsidy for<br>facilities | Expected amount to be<br>granted from the<br>national budget |  |
| &nbsp;&nbsp;&nbsp; Program to improve domestic offices | 2052347577 | 162512191 | 1350357241 | 539478145 | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 2052347577 | 162512191 | 1350357241 | 539478145 | 0 |  |

---

------

**General Account** 

(11) Details of remunerations and salaries of officers and employees

(Unit: Thousands of yen, persons)

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;Classification | Remunerations or salaries | Remunerations or salaries | Retirement benefits | Retirement benefits |
| &nbsp;&nbsp;&nbsp;Classification | Payment amount | Number of people | Payment amount | Number of people |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Officers | (4947) | (1) | (—) | (—) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Officers | 177050 | 12 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employees | (9669) | (2) | (—) | (—) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employees | 17201828 | 1978 | 1288994 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | (14616) | (3) | (—) | (—) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 17378878 | 1990 | 1288994 | 128 |

---

---

| | |
|:---|:---|
| (Notes) | &nbsp;&nbsp;&nbsp;&nbsp; 1. Payment standard of remunerations and retirement benefits to officers<br>Remunerations and retirement benefits to officers are paid based on "Rules on Remuneration for Officers" and "Rules on Retirement Benefits for Officers" in place for Incorporated Administrative Agency - Japan International Cooperation Agency. |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 2. Payment standard of salaries and retirement benefits to employees<br>Salaries and retirement benefits to employees are paid based on "Rules on Salaries for Employees" and "Rules on Retirement Benefits for Employees" in place for Incorporated Administrative Agency - Japan International Cooperation Agency. |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3. Number of people<br>As for the number of people to whom remunerations or salaries are paid, the average number of JICA officers and employees during the period is used. |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4. Others<br>Figures in parentheses () indicate the number of part-time officers or employees classified as external members. |

---

------

**General Account** 

(12) Segment information to be disclosed

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;Classification | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Priority <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;development <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;cooperation issues  | (2) JICA<br> Development Studies | (3) Partnerships with <br> the private sector | (4) Partnerships with <br> various development<br> partners | (5) Strengthen<br> foundations for <br> operational<br> implementation  | (6) Grant aid | (7) Contracted <br> programs | (8) Other<br> operations | Subtotal | (9) Corporate common <br> expenses, etc. | Total |
| &nbsp;&nbsp;&nbsp; I. Administrative service operation cost |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses in the statement of income | 120831545169 | 8153311516 | 5708684946 | 25904050430 | 5027598242 | 113492865561 | 8492450 | 72217724 | 279198766038 | 15986442211 | 295185208249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other administrative service operation costs |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation not included in expenses |  |  |  |  |  |  |  |  |  | 170412506 | 170412506 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expenses not included in expenses |  |  |  |  |  |  |  |  |  | (59879) | (59879) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Disposal and sale differential not included in expenses |  |  |  |  |  |  |  |  |  | 1069669780 | 1069669780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total other administrative service operation costs |  |  |  |  |  |  |  |  |  | 1240022407 | 1240022407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Administrative service operation cost | 120831545169 | 8153311516 | 5708684946 | 25904050430 | 5027598242 | 113492865561 | 8492450 | 72217724 | 279198766038 | 17226464618 | 296425230656 |
| &nbsp;&nbsp;&nbsp; II. Cost being borne by the public for the operation of Incorporated Administrative Agency | 120446650169 | 8153311516 | 5708684946 | 25904050430 | 5027598242 | 113492865561 | (20038) | 0 | 278733140826 | 15951760193 | 294684901019 |
| &nbsp;&nbsp;&nbsp; III. Operating expenses, revenues, and profits and losses |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating expenses | 120831545169 | 8153311516 | 5708684946 | 25904050430 | 5027598242 | 113492865561 | 8492450 | 72217724 | 279198766038 | 539921665 | 279738687703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Outsourcing expenses | 54863817492 | 527437234 | 3926149905 | 7299849238 | 833218721 | 0 | 345675 | 17836010 | 67468654275 | 0 | 67468654275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fees paid to experts | 21876182061 | 1036794914 | 485953307 | 8049750441 | 2002259366 | 0 | 5133888 | 15186942 | 33471260919 | 0 | 33471260919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Travelling and transportation expenses | 2103429664 | 141932450 | 99376510 | 450936450 | 87520186 | 0 | 0 | 6203379 | 2889398639 | 0 | 2889398639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Personnel expenses | 11188264634 | 754946953 | 528589432 | 2398557189 | 465524955 | 0 | 0 | 0 | 15335883163 | 0 | 15335883163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rents | 2225057308 | 150139480 | 105122807 | 477011170 | 92580908 | 0 | 0 | 0 | 3049911673 | 0 | 3049911673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fund provision | 0 | 0 | 0 | 0 | 0 | 113492865561 | 0 | 0 | 113492865561 | 0 | 113492865561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other expenses | 28574794010 | 5542060485 | 563492985 | 7227945942 | 1546494106 | 0 | 3012887 | 32991393 | 43490791808 | 539921665 | 44030713473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General administrative expenses |  |  |  |  |  |  |  |  |  | 13494973110 | 13494973110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fees paid to experts |  |  |  |  |  |  |  |  |  | 725240361 | 725240361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Personnel expenses |  |  |  |  |  |  |  |  |  | 4003455881 | 4003455881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rents |  |  |  |  |  |  |  |  |  | 874547921 | 874547921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other expenses |  |  |  |  |  |  |  |  |  | 7891728947 | 7891728947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation |  |  |  |  |  |  |  |  |  | 1515674662 | 1515674662 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial expenses |  |  |  |  |  |  |  |  |  | 382970217 | 382970217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miscellaneous losses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13769144 | 13769144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 120831545169 | 8153311516 | 5708684946 | 25904050430 | 5027598242 | 113492865561 | 8492450 | 72217724 | 279198766038 | 15947308798 | 295146074836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating revenues |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from operational grants | 119034417129 | 7572718048 | 4833889664 | 23173266944 | 4304457530 | 0 | 0 | 0 | 158918749315 | 11365122373 | 170283871688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from grant aid | 0 | 0 | 0 | 0 | 0 | 113492865561 | 0 | 0 | 113492865561 | 0 | 113492865561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from contracted programs | 0 | 0 | 0 | 0 | 0 | 0 | 8512488 | 0 | 8512488 | 0 | 8512488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from on development projects | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 125922 | 125922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from emigration projects | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 637754 | 637754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenue from subsidy for facilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 539478145 | 539478145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from expected amount to be granted from the national budget | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 443520 | 443520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Donations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72217724 | 72217724 | 0 | 72217724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal of allowance for loan losses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5927567 | 5927567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal of contra-accounts for assets | 0 | 0 | 0 | 0 | 161094620 | 0 | 0 | 0 | 161094620 | 1426113321 | 1587207941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from contra-accounts for provision for bonuses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1418011853 | 1418011853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from contra-accounts for provision for retirement benefits | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1306076526 | 1306076526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 173559833 | 173559833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miscellaneous income | 384895000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 384895000 | 1633460533 | 2018355533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 119419312129 | 7572718048 | 4833889664 | 23173266944 | 4465552150 | 113492865561 | 8512488 | 72217724 | 273038334708 | 17868957347 | 290907292055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating income or loss | (1412233040) | (580593468) | (874795282) | (2730783486) | (562046092) | 0 | 20038 | 0 | (6160431330) | 1921648549 | (4238782781) |
| &nbsp;&nbsp;&nbsp; IV. Extraordinary income or losses, etc. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Extraordinary losses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39133413 | 39133413 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Extraordinary income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65743566 | 65743566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net income or loss | (1412233040) | (580593468) | (874795282) | (2730783486) | (562046092) | 0 | 20038 | 0 | (6160431330) | 1948258702 | (4212172628) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal of reserve fund carried over from the previous Mid-term Objective period | 3829504721 | 0 | 288402685 | 1134584953 | 19508905 | 0 | 0 | 0 | 5272001264 | 0 | 5272001264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total income or loss for the current fiscal year | 2417271681 | (580593468) | (586392597) | (1596198533) | (542537187) | 0 | 20038 | 0 | (888430066) | 1948258702 | 1059828636 |
| &nbsp;&nbsp;&nbsp; V. Total assets |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and deposits | 0 | 0 | 0 | 0 | 0 | 145457692260 | 821489399 | 323297488 | 146602479147 | 78767968722 | 225370447869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advance payments | 14559379046 | 137923 | 203040142 | 4946902641 | 47487220 | 0 | 3863090 | 0 | 19760810062 | 0 | 19760810062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Buildings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23738216657 | 23738216657 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other assets | 223030032 | 325352979 | 6659649 | 190203608 | 802982296 | 26553294 | 1125178324 | 45548882 | 2745509064 | 41897160900 | 44642669964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 14782409078 | 325490902 | 209699791 | 5137106249 | 850469516 | 145484245554 | 1950530813 | 368846370 | 169108798273 | 144403346279 | 313512144552 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Note) 1. Segment classification and main descriptions

Operations are classified into seven segments in accordance with descriptions of the Mid-term Plan based on operations specified in Article 13 of the Act of the Incorporated Administrative Agency - Japan International Cooperation Agency.

Operations in relation to donations and operations prescribed in Article 13 are organized as other operations.

1) Priority development cooperation issues

2) JICA Development Studies

3) Partnerships with the private sector

4) Partnerships with various development partners

5) Strengthen foundations for operational implementation

6) Grant aid

7) Contracted programs

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Disclosure of operating expenses

Operating expenses are classified in Operating expenses in the Statement of Income according to their nature. Items that account for less than 5% of the total amount allocated to each segment are included in Other expenses.

The relationship between Operating expenses in this list and Operating expenses in the Statement of Income is as follows:

1) Priority development cooperation issues: amount of expenses for priority sectors and region

2) JICA Development Studies: amount of expenses for JICA Development Studies

3) Partnerships with the private sector: amount of expenses for private sector partnership

4) Partnerships with various development partners: amount of expenses for domestic partnerships and foreign human resources programs

5) Strengthen foundations for operational implementation: amount of expenses for strengthen foundations for operational implementation

6) Grant aid: amount of expenses for grant aid

7) Contracted programs: amount of expenses for contracted programs

8) Other operations: amount of expenses for donation projects

9) Corporate common expenses, etc.: amounts of facility expenses

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Personnel expenses and Rents which are recorded in Administrative service operation cost and General administrative expenses that have been classified as corporate common expenses, etc. cannot be allocated to each segment due to the following reasons:

1) Personnel expenses: employees are in charge of several operations and their involvement in each operation is not uniform.

2) Rents: a wide variety of buildings are included in target property and they are used for multiple operations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Assets are listed in accordance with the accounts in the balance sheet. Items that account for less than 5% of total assets are included in other assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Because Operating expenses for 1) Priority development cooperation issues and 4) Partnerships with various development partners are financed not only by operational grants but also by revenues from operations, the corresponding amounts are shown as Miscellaneous income, etc. in Operating revenues.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. "-" is shown in the columns of items which have been allocated only to corporate common expenses, etc., because they cannot be allocated to individual segments.

------

**General Account** 

(13) Details of grant-in-aid for scientific research

---

| | | | |
|:---|:---|:---|:---|
| | | | (Unit: Yen) <br>|
| &nbsp;&nbsp;&nbsp; Classification<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amounts granted in the current period <br>| Number of the projects <br>| Remarks<br>|
| &nbsp;&nbsp;&nbsp; Grant-in-Aid for Scientific Research B | (12535466) <br> 3760640 <br>| 2 <br>|  |
| &nbsp;&nbsp;&nbsp; Grant-in-Aid for Scientific Research C | (450000) <br> 135000 <br>| 1 <br>|  |
| &nbsp;&nbsp;&nbsp; Grant-in-Aid for Young Scientists | (600000) <br> 180000  | 1 <br>|  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | (13585466) <br> 4075640 <br>| 4 <br>|  |

---

(Note) Amounts granted in the current period indicate the amounts equivalent to indirect expenses. The amounts
equivalent to direct expenses are indicated in parentheses ().

------

**General Account** 

(14) Details of main assets and liabilities other than those mentioned above

1. Cash and deposits

---

| | | | |
|:---|:---|:---|:---|
| | | | (Unit:Yen) |
| &nbsp;&nbsp;&nbsp; Classification<br>|  | Amount<br>| Remarks<br>|
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash |  | 2955187 |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash in foreign currency |  | 54939440 |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deposit accounts |  | 200591995112 |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Checking accounts |  | 22837422 |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deposit accounts in foreign currency |  | 794004889 |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Checking accounts in foreign currency |  | 4903715819 |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time deposits |  | 19000000000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total |  | 225370447869 |  |
| <br> 2. Advance payments |  |  |  |
|  |  |  | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp; Classification<br>| Amount <br>| Counterparty<br>| Remarks<br>|
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating expenses | 19760810062 | Nippon Koei Co., Ltd. and others |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 19760810062 |  |  |
| 3. Funds for grant aid<br>|  |  | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp; Classification<br>| Amount <br>| Counterparty<br>| Remarks<br>|
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Funds for grant aid | 144383065050 <br>| Republic of the Union of Myanmar and others<br>|  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 144383065050 |  |  |
| <br> 4. Accounts payable |  |  |  |
|  |  |  | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp; Classification<br>| Amount <br>| Counterparty<br>| Remarks<br>|
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating expenses | 20351244829 | Nippon Koei Co., Ltd. and others |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General administrative expenses | 3010557433 | KDDI Corporation and others |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expenses for grant aid | 1101180504 | Government of the Republic of Burundi and others |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subsidy for facilities | 708882080 | Takasago Thermal Engineering Co., Ltd. and others |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expenses for contracted programs | 101093900 | Japan Forest Technology Association and others |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expenses for donation projects | 14297378 | Okinawa Congrès Inc. and others |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Others | 70957368 | Japan International Cooperation Agency mutual aid association and others |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 25358213492 |  |  |

---

------

**General Account** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15) Details of relevant public interest corporations

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items | Japan Overseas Cooperative Association | Japan Overseas Cooperative Association | Japan Overseas Cooperative Association | Japan Overseas Cooperative Association | Japan Overseas Cooperative Association | Hokkaido International Exchange and Cooperation Center | Hokkaido International Exchange and Cooperation Center | Hokkaido International Exchange and Cooperation Center | Hokkaido International Exchange and Cooperation Center |
| &nbsp;&nbsp;&nbsp;&nbsp; Outline of operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) International cooperative activities in developing countries and activities pertaining to the promotion, promulgation, and edification of international exchange and global understanding.<br> (2) Assistance for postdisaster restoration and peace-building activities.<br> (3) Activities pertaining to cooperation and collaboration with international and domestic support agencies, international cooperation associations, and other institutions.<br> (4) Activities pertaining to support for the development of a multicultural symbiotic society and vitalization and internationalization of societies.<br> (5) Activities to support integrated community building and human resource development involving various sectors for the purpose of regional revitalization in cooperation in local communities.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Planning, support on coordination and implementation of project for the purpose of integrated community building including various sectors such as education, welfare service and industrial promotion<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Category II social welfare services prescribed in article 2 of the Social Welfare Act<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Based on Child Welfare Act:<br> - day care services for handicapped children<br> - consultation services for handicapped children<br> - after-school child sound upbringing services<br> - regional base services of the child care support<br> - nursery center management services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Based on act on Social Welfare for the Elderly<br> - senior in-home care services<br> - senior day-services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Based on act to comprehensively support daily and social lives of persons with disabilities<br> - welfare services for persons with disabilities<br> - consultation support services<br> - services to support regional life<br> - management of community activity support centers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Activities to support employment by agricultural production, processing, sales, and outsourcing of agricultural operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Human resource development and training<br> (6) Other activities necessary to achieve the objectives of the Association. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) International cooperative activities in developing countries and activities pertaining to the promotion, promulgation, and edification of international exchange and global understanding.<br> (2) Assistance for postdisaster restoration and peace-building activities.<br> (3) Activities pertaining to cooperation and collaboration with international and domestic support agencies, international cooperation associations, and other institutions.<br> (4) Activities pertaining to support for the development of a multicultural symbiotic society and vitalization and internationalization of societies.<br> (5) Activities to support integrated community building and human resource development involving various sectors for the purpose of regional revitalization in cooperation in local communities.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Planning, support on coordination and implementation of project for the purpose of integrated community building including various sectors such as education, welfare service and industrial promotion<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Category II social welfare services prescribed in article 2 of the Social Welfare Act<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Based on Child Welfare Act:<br> - day care services for handicapped children<br> - consultation services for handicapped children<br> - after-school child sound upbringing services<br> - regional base services of the child care support<br> - nursery center management services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Based on act on Social Welfare for the Elderly<br> - senior in-home care services<br> - senior day-services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Based on act to comprehensively support daily and social lives of persons with disabilities<br> - welfare services for persons with disabilities<br> - consultation support services<br> - services to support regional life<br> - management of community activity support centers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Activities to support employment by agricultural production, processing, sales, and outsourcing of agricultural operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Human resource development and training<br> (6) Other activities necessary to achieve the objectives of the Association. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) International cooperative activities in developing countries and activities pertaining to the promotion, promulgation, and edification of international exchange and global understanding.<br> (2) Assistance for postdisaster restoration and peace-building activities.<br> (3) Activities pertaining to cooperation and collaboration with international and domestic support agencies, international cooperation associations, and other institutions.<br> (4) Activities pertaining to support for the development of a multicultural symbiotic society and vitalization and internationalization of societies.<br> (5) Activities to support integrated community building and human resource development involving various sectors for the purpose of regional revitalization in cooperation in local communities.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Planning, support on coordination and implementation of project for the purpose of integrated community building including various sectors such as education, welfare service and industrial promotion<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Category II social welfare services prescribed in article 2 of the Social Welfare Act<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Based on Child Welfare Act:<br> - day care services for handicapped children<br> - consultation services for handicapped children<br> - after-school child sound upbringing services<br> - regional base services of the child care support<br> - nursery center management services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Based on act on Social Welfare for the Elderly<br> - senior in-home care services<br> - senior day-services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Based on act to comprehensively support daily and social lives of persons with disabilities<br> - welfare services for persons with disabilities<br> - consultation support services<br> - services to support regional life<br> - management of community activity support centers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Activities to support employment by agricultural production, processing, sales, and outsourcing of agricultural operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Human resource development and training<br> (6) Other activities necessary to achieve the objectives of the Association. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) International cooperative activities in developing countries and activities pertaining to the promotion, promulgation, and edification of international exchange and global understanding.<br> (2) Assistance for postdisaster restoration and peace-building activities.<br> (3) Activities pertaining to cooperation and collaboration with international and domestic support agencies, international cooperation associations, and other institutions.<br> (4) Activities pertaining to support for the development of a multicultural symbiotic society and vitalization and internationalization of societies.<br> (5) Activities to support integrated community building and human resource development involving various sectors for the purpose of regional revitalization in cooperation in local communities.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Planning, support on coordination and implementation of project for the purpose of integrated community building including various sectors such as education, welfare service and industrial promotion<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Category II social welfare services prescribed in article 2 of the Social Welfare Act<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Based on Child Welfare Act:<br> - day care services for handicapped children<br> - consultation services for handicapped children<br> - after-school child sound upbringing services<br> - regional base services of the child care support<br> - nursery center management services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Based on act on Social Welfare for the Elderly<br> - senior in-home care services<br> - senior day-services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Based on act to comprehensively support daily and social lives of persons with disabilities<br> - welfare services for persons with disabilities<br> - consultation support services<br> - services to support regional life<br> - management of community activity support centers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Activities to support employment by agricultural production, processing, sales, and outsourcing of agricultural operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Human resource development and training<br> (6) Other activities necessary to achieve the objectives of the Association. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) International cooperative activities in developing countries and activities pertaining to the promotion, promulgation, and edification of international exchange and global understanding.<br> (2) Assistance for postdisaster restoration and peace-building activities.<br> (3) Activities pertaining to cooperation and collaboration with international and domestic support agencies, international cooperation associations, and other institutions.<br> (4) Activities pertaining to support for the development of a multicultural symbiotic society and vitalization and internationalization of societies.<br> (5) Activities to support integrated community building and human resource development involving various sectors for the purpose of regional revitalization in cooperation in local communities.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Planning, support on coordination and implementation of project for the purpose of integrated community building including various sectors such as education, welfare service and industrial promotion<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Category II social welfare services prescribed in article 2 of the Social Welfare Act<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Based on Child Welfare Act:<br> - day care services for handicapped children<br> - consultation services for handicapped children<br> - after-school child sound upbringing services<br> - regional base services of the child care support<br> - nursery center management services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Based on act on Social Welfare for the Elderly<br> - senior in-home care services<br> - senior day-services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Based on act to comprehensively support daily and social lives of persons with disabilities<br> - welfare services for persons with disabilities<br> - consultation support services<br> - services to support regional life<br> - management of community activity support centers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Activities to support employment by agricultural production, processing, sales, and outsourcing of agricultural operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Human resource development and training<br> (6) Other activities necessary to achieve the objectives of the Association. | (1) Promotion of international exchanges<br> (2) Promotion of international understanding<br> (3) Promoting international cooperation<br> (4) Other activities necessary for the fulfillment of public good | (1) Promotion of international exchanges<br> (2) Promotion of international understanding<br> (3) Promoting international cooperation<br> (4) Other activities necessary for the fulfillment of public good | (1) Promotion of international exchanges<br> (2) Promotion of international understanding<br> (3) Promoting international cooperation<br> (4) Other activities necessary for the fulfillment of public good | (1) Promotion of international exchanges<br> (2) Promotion of international understanding<br> (3) Promoting international cooperation<br> (4) Other activities necessary for the fulfillment of public good |
| &nbsp;&nbsp;&nbsp;&nbsp; Name of officers<br>| Number of officers: 7<br>Representative Director and President: Ryosei Oya | Number of officers: 7<br>Representative Director and President: Ryosei Oya | Number of officers: 7<br>Representative Director and President: Ryosei Oya | Number of officers: 7<br>Representative Director and President: Ryosei Oya | Number of officers: 7<br>Representative Director and President: Ryosei Oya | Number of officers: 26<br>President: Yasuhiro Tsuji | Number of officers: 26<br>President: Yasuhiro Tsuji | Number of officers: 26<br>President: Yasuhiro Tsuji | Number of officers: 26<br>President: Yasuhiro Tsuji |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  | <br> Japan Overseas Cooperative <br> Association | <br> Japan Overseas Cooperative <br> Association | <br> Japan Overseas Cooperative <br> Association |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JICA <br>| <br> ![LOGO](g935258g59w01.jpg)  | <br> Japan Overseas Cooperative <br> Association | <br> Japan Overseas Cooperative <br> Association | <br> Japan Overseas Cooperative <br> Association | <br> ![LOGO](g935258g59w02.jpg)  | <br> Hokkaido International Exchange and<br>Cooperation Center | <br> Hokkaido International Exchange and<br>Cooperation Center | <br> Hokkaido International Exchange and<br>Cooperation Center |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  | <br> Japan Overseas Cooperative <br> Association | <br> Japan Overseas Cooperative <br> Association | <br> Japan Overseas Cooperative <br> Association |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | (Operation Consignment) | (Operation Consignment) |  |  | (Operation Consignment) | (Operation Consignment) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Assets |  |  | 4,397,472,443 yen |  |  |  | 573,753,912 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Liabilities |  |  | 2,260,294,081 yen |  |  |  | 28,681,035 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets) |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  |  | 2,030,594,773 yen |  |  |  | 541,353,031 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues |  | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 101,781,181 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc.  | 88,033,177 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 3,779,756,335 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 84,319,299 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses |  | <sup>⚪</sup> Expenses | 3,847,167,637 yen |  |  | <sup>⚪</sup> Expenses | 174,001,493 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues |  | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 72,213,710 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 5,368,863 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the end of the fiscal year |  |  | 2,137,178,362 yen |  |  |  | 545,072,877 yen |  |  |
| &nbsp;&nbsp;&nbsp;(Statement of activities) |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Total revenues for the current period |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Total expenditures for the current period |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Net balance of revenues and expenditures for the current period |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc. |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Details of receivables and payables to relevant public interest corporations |  | Accounts payable: 384,122,153 yen, Accounts receivable: N/A | Accounts payable: 384,122,153 yen, Accounts receivable: N/A | Accounts payable: 384,122,153 yen, Accounts receivable: N/A | Accounts payable: 384,122,153 yen, Accounts receivable: N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Details of debt guarantee |  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | Total operating revenues: | 3,746,064,344 yen |  |  | Total operating revenues: | 65,473,884 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 1,560,535,403 yen | 41.7%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Breakdown: JICA transactions  |  | 34,003,127 yen | 51.9%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Competitive contract | <br> Competitive contract |  | 1,257,731,686 yen | 80.6%) | Competitive contract |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Planning competition and public selection | <br> Planning competition and public selection |  | 302,764,567 yen | 19.4%) | Planning competition and public selection |  | 33,136,896 yen | 97.5%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Non-competitive negotiated contracts | <br> Non-competitive negotiated contracts |  | 16,200 yen | 0.0%) | Non-competitive negotiated contracts |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Other | <br> Other |  | 22,950 yen | 0.0%) | Other |  | 866,231 yen | 2.5%) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. |

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------

**General Account** 

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items | The Association of Nikkei & Japanese Abroad | The Association of Nikkei & Japanese Abroad | The Association of Nikkei & Japanese Abroad | The Association of Nikkei & Japanese Abroad | Kitakyushu International Techno-Cooperative Association | Kitakyushu International Techno-Cooperative Association | Kitakyushu International Techno-Cooperative Association | Kitakyushu International Techno-Cooperative Association |
| &nbsp;&nbsp;&nbsp; <br> Outline of operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>| (1) Support and promulgation of economic, cultural, educational, and social activities in cooperation with overseas and domestic Japan-related organizations or by itself.<br>(2) Cooperation pertaining to carrying out of international cooperative activities and international exchange activities.<br>(3) Collaboration with municipalities and international exchange associations<br>(4) Promulgation both at home and abroad of research outcomes and knowledge regarding activities pertaining international cooperation and international exchange endeavors<br>(5) Provision of information and collaboration regarding migration and overseas expansion of businesses<br>(6) Establishment and operation of centers for Japanese abroad<br>(7) Consultations and intermediation for and regarding Japanese abroad<br>(8) Publicity of and edification regarding situations in Japan<br>(9) Organizing of the convention of Nikkei and Japanese abroad<br>(10) Edification regarding investment from overseas, investment overseas, and businesses<br>(11) Other activities necessary for the fulfillment of public good | (1) Support and promulgation of economic, cultural, educational, and social activities in cooperation with overseas and domestic Japan-related organizations or by itself.<br>(2) Cooperation pertaining to carrying out of international cooperative activities and international exchange activities.<br>(3) Collaboration with municipalities and international exchange associations<br>(4) Promulgation both at home and abroad of research outcomes and knowledge regarding activities pertaining international cooperation and international exchange endeavors<br>(5) Provision of information and collaboration regarding migration and overseas expansion of businesses<br>(6) Establishment and operation of centers for Japanese abroad<br>(7) Consultations and intermediation for and regarding Japanese abroad<br>(8) Publicity of and edification regarding situations in Japan<br>(9) Organizing of the convention of Nikkei and Japanese abroad<br>(10) Edification regarding investment from overseas, investment overseas, and businesses<br>(11) Other activities necessary for the fulfillment of public good | (1) Support and promulgation of economic, cultural, educational, and social activities in cooperation with overseas and domestic Japan-related organizations or by itself.<br>(2) Cooperation pertaining to carrying out of international cooperative activities and international exchange activities.<br>(3) Collaboration with municipalities and international exchange associations<br>(4) Promulgation both at home and abroad of research outcomes and knowledge regarding activities pertaining international cooperation and international exchange endeavors<br>(5) Provision of information and collaboration regarding migration and overseas expansion of businesses<br>(6) Establishment and operation of centers for Japanese abroad<br>(7) Consultations and intermediation for and regarding Japanese abroad<br>(8) Publicity of and edification regarding situations in Japan<br>(9) Organizing of the convention of Nikkei and Japanese abroad<br>(10) Edification regarding investment from overseas, investment overseas, and businesses<br>(11) Other activities necessary for the fulfillment of public good | (1) Support and promulgation of economic, cultural, educational, and social activities in cooperation with overseas and domestic Japan-related organizations or by itself.<br>(2) Cooperation pertaining to carrying out of international cooperative activities and international exchange activities.<br>(3) Collaboration with municipalities and international exchange associations<br>(4) Promulgation both at home and abroad of research outcomes and knowledge regarding activities pertaining international cooperation and international exchange endeavors<br>(5) Provision of information and collaboration regarding migration and overseas expansion of businesses<br>(6) Establishment and operation of centers for Japanese abroad<br>(7) Consultations and intermediation for and regarding Japanese abroad<br>(8) Publicity of and edification regarding situations in Japan<br>(9) Organizing of the convention of Nikkei and Japanese abroad<br>(10) Edification regarding investment from overseas, investment overseas, and businesses<br>(11) Other activities necessary for the fulfillment of public good | (1) Development of necessary research studies and educational curriculums, creation and undertaking of training programs, dispatch of experts, and transfer of technologies overseas<br>(2) Planning and undertaking of activities to promote international goodwill<br>(3) Planning and undertaking of other activities for the purpose of fulfilling the aims of this association | (1) Development of necessary research studies and educational curriculums, creation and undertaking of training programs, dispatch of experts, and transfer of technologies overseas<br>(2) Planning and undertaking of activities to promote international goodwill<br>(3) Planning and undertaking of other activities for the purpose of fulfilling the aims of this association | (1) Development of necessary research studies and educational curriculums, creation and undertaking of training programs, dispatch of experts, and transfer of technologies overseas<br>(2) Planning and undertaking of activities to promote international goodwill<br>(3) Planning and undertaking of other activities for the purpose of fulfilling the aims of this association | (1) Development of necessary research studies and educational curriculums, creation and undertaking of training programs, dispatch of experts, and transfer of technologies overseas<br>(2) Planning and undertaking of activities to promote international goodwill<br>(3) Planning and undertaking of other activities for the purpose of fulfilling the aims of this association |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Name of officers<br>| <br> Number of officers: 17<br>Representative Director and President: Yoshihiro Murai | <br> Number of officers: 17<br>Representative Director and President: Yoshihiro Murai | <br> Number of officers: 17<br>Representative Director and President: Yoshihiro Murai | <br> Number of officers: 17<br>Representative Director and President: Yoshihiro Murai | <br> Number of officers: 11<br>President: Ikuya Yamamoto | <br> Number of officers: 11<br>President: Ikuya Yamamoto | <br> Number of officers: 11<br>President: Ikuya Yamamoto | <br> Number of officers: 11<br>President: Ikuya Yamamoto |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | <br> The Association of Nikkei & Japanese<br> Abroad | <br> The Association of Nikkei & Japanese<br> Abroad | <br> The Association of Nikkei & Japanese<br> Abroad |  | <br> Kitakyushu International Techno-<br> Cooperative Association | <br> Kitakyushu International Techno-<br> Cooperative Association | <br> Kitakyushu International Techno-<br> Cooperative Association |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | ![LOGO](g935258g60w01.jpg) | <br> The Association of Nikkei & Japanese<br> Abroad | <br> The Association of Nikkei & Japanese<br> Abroad | <br> The Association of Nikkei & Japanese<br> Abroad | ![LOGO](g935258g61w02.jpg) | <br> Kitakyushu International Techno-<br> Cooperative Association | <br> Kitakyushu International Techno-<br> Cooperative Association | <br> Kitakyushu International Techno-<br> Cooperative Association |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | <br> The Association of Nikkei & Japanese<br> Abroad | <br> The Association of Nikkei & Japanese<br> Abroad | <br> The Association of Nikkei & Japanese<br> Abroad |  | <br> Kitakyushu International Techno-<br> Cooperative Association | <br> Kitakyushu International Techno-<br> Cooperative Association | <br> Kitakyushu International Techno-<br> Cooperative Association |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | (Operation Consignment) | (Operation Consignment) |  |  | (Operation Consignment) | (Operation Consignment) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Assets<br>|  | 189,993,193 yen<br>|  |  |  | 611,300,732 yen<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Liabilities<br>|  | 122,877,270 yen<br>|  |  |  | 22,635,251 yen<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets)<br>|  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year<br>|  | 59,057,772 yen<br>|  |  |  | 612,576,653 yen<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 32,700,000 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 408,787,554 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 128,725,984 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | 398,734,903 yen |  |  | <sup>⚪</sup> Expenses | 185,337,156 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 1,000,000 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | 2,994,500 yen |  |  | <sup>⚪</sup> Expenses | 0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the end of the fiscal year<br>|  | 67,115,923 yen<br>|  |  |  | 588,665,481 yen<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Statement of activities)<br>|  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year<br>|  | -<br>|  |  |  | -<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total revenues for the current period<br>|  | -<br>|  |  |  | -<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total expenditures for the current period<br>|  | -<br>|  |  |  | -<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Net balance of revenues and expenditures for the current period<br>|  | -<br>|  |  |  | -<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc.<br>| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables to relevant public interest corporations<br>| Accounts payable: 19,682,586 yen, Accounts receivable:N/A | Accounts payable: 19,682,586 yen, Accounts receivable:N/A | Accounts payable: 19,682,586 yen, Accounts receivable:N/A | Accounts payable: 19,682,586 yen, Accounts receivable:N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee<br>| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | 395,186,444 yen |  |  | Total operating revenues: | 123,226,420 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 218,275,452 yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55.2%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 105,390,644 yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85.5%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Competitive contract |  | 81,260,605 yen | 37.2%) | <br> Competitive contract |  | 0 yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Planning competition and public selection |  | 27,131,030 yen | 12.4%) | <br> Planning competition and public selection |  | 105,390,644 yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Non-competitive negotiated contracts |  | 109,868,017 yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50.3%) | <br> Non-competitive negotiated contracts |  | 0 yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Other |  | 15,800 yen | 0.0%) | <br> Other |  | 0 yen | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.0%) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. |

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**General Account** 

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items | Japan International Medical TEchnology Foundation | Japan International Medical TEchnology Foundation | Japan International Medical TEchnology Foundation | Japan International Medical TEchnology Foundation | International Civil and Commercial Law Centre Foundation | International Civil and Commercial Law Centre Foundation | International Civil and Commercial Law Centre Foundation | International Civil and Commercial Law Centre Foundation |
| &nbsp;&nbsp;&nbsp;&nbsp; Outline of operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>| (1) Training for overseas experts in the medical technology field<br> (2) Dispatch of Japanese medical technology and related experts overseas<br> (3) International cooperation activities with domestic and overseas medical-related organizations<br> (4) Research and enlightnment activities for domestic and overseas medical technology<br> (5) Disaster medical activities<br> (6) Other activities necessary for the achievement of objectives of this corporate body | (1) Training for overseas experts in the medical technology field<br> (2) Dispatch of Japanese medical technology and related experts overseas<br> (3) International cooperation activities with domestic and overseas medical-related organizations<br> (4) Research and enlightnment activities for domestic and overseas medical technology<br> (5) Disaster medical activities<br> (6) Other activities necessary for the achievement of objectives of this corporate body | (1) Training for overseas experts in the medical technology field<br> (2) Dispatch of Japanese medical technology and related experts overseas<br> (3) International cooperation activities with domestic and overseas medical-related organizations<br> (4) Research and enlightnment activities for domestic and overseas medical technology<br> (5) Disaster medical activities<br> (6) Other activities necessary for the achievement of objectives of this corporate body | (1) Training for overseas experts in the medical technology field<br> (2) Dispatch of Japanese medical technology and related experts overseas<br> (3) International cooperation activities with domestic and overseas medical-related organizations<br> (4) Research and enlightnment activities for domestic and overseas medical technology<br> (5) Disaster medical activities<br> (6) Other activities necessary for the achievement of objectives of this corporate body | (1) Implementation and support of training programs for individuals involved in civil and commercial laws, primarily in the Asia region<br> (2) Invitation and dispatch of domestic and international researchers and experts in civil and commercial law, as well as support for such activities<br> (3) Organization and support of lectures, study groups, symposiums, seminars, and other gatherings aimed at investigation, research, training, and information exchange related to domestic and international civil and commercial law<br> (4) Collection of information and materials, and implementation and support of investigations and research related to domestic and international civil and commercial law<br> (5) Publication and distribution of journals, literature, and other materials<br> (6) Collaboration and cooperation with relevant domestic and international institutions and organizations<br> (7) Other activities necessary for the achievement of objectives of this corporate body | (1) Implementation and support of training programs for individuals involved in civil and commercial laws, primarily in the Asia region<br> (2) Invitation and dispatch of domestic and international researchers and experts in civil and commercial law, as well as support for such activities<br> (3) Organization and support of lectures, study groups, symposiums, seminars, and other gatherings aimed at investigation, research, training, and information exchange related to domestic and international civil and commercial law<br> (4) Collection of information and materials, and implementation and support of investigations and research related to domestic and international civil and commercial law<br> (5) Publication and distribution of journals, literature, and other materials<br> (6) Collaboration and cooperation with relevant domestic and international institutions and organizations<br> (7) Other activities necessary for the achievement of objectives of this corporate body | (1) Implementation and support of training programs for individuals involved in civil and commercial laws, primarily in the Asia region<br> (2) Invitation and dispatch of domestic and international researchers and experts in civil and commercial law, as well as support for such activities<br> (3) Organization and support of lectures, study groups, symposiums, seminars, and other gatherings aimed at investigation, research, training, and information exchange related to domestic and international civil and commercial law<br> (4) Collection of information and materials, and implementation and support of investigations and research related to domestic and international civil and commercial law<br> (5) Publication and distribution of journals, literature, and other materials<br> (6) Collaboration and cooperation with relevant domestic and international institutions and organizations<br> (7) Other activities necessary for the achievement of objectives of this corporate body | (1) Implementation and support of training programs for individuals involved in civil and commercial laws, primarily in the Asia region<br> (2) Invitation and dispatch of domestic and international researchers and experts in civil and commercial law, as well as support for such activities<br> (3) Organization and support of lectures, study groups, symposiums, seminars, and other gatherings aimed at investigation, research, training, and information exchange related to domestic and international civil and commercial law<br> (4) Collection of information and materials, and implementation and support of investigations and research related to domestic and international civil and commercial law<br> (5) Publication and distribution of journals, literature, and other materials<br> (6) Collaboration and cooperation with relevant domestic and international institutions and organizations<br> (7) Other activities necessary for the achievement of objectives of this corporate body |
| &nbsp;&nbsp;&nbsp; <br> Name of officers<br>| Number of officers: 15<br>Representative Director and Chairman: Shigeki Hayashi | Number of officers: 15<br>Representative Director and Chairman: Shigeki Hayashi | Number of officers: 15<br>Representative Director and Chairman: Shigeki Hayashi | Number of officers: 15<br>Representative Director and Chairman: Shigeki Hayashi | Number of officers: 10<br>Representative Director and Chairman: Kuniharu Nakamura<br> Director: Gotaro Ogawa<br> (Former Director General of the General Affairs Department, JICA) | Number of officers: 10<br>Representative Director and Chairman: Kuniharu Nakamura<br> Director: Gotaro Ogawa<br> (Former Director General of the General Affairs Department, JICA) | Number of officers: 10<br>Representative Director and Chairman: Kuniharu Nakamura<br> Director: Gotaro Ogawa<br> (Former Director General of the General Affairs Department, JICA) | Number of officers: 10<br>Representative Director and Chairman: Kuniharu Nakamura<br> Director: Gotaro Ogawa<br> (Former Director General of the General Affairs Department, JICA) |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | <br> Japan International Medical <br> TEchnology Foundation | <br> Japan International Medical <br> TEchnology Foundation | <br> Japan International Medical <br> TEchnology Foundation |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | <br> ![LOGO](g935258g59w01.jpg)  | <br> Japan International Medical <br> TEchnology Foundation | <br> Japan International Medical <br> TEchnology Foundation | <br> Japan International Medical <br> TEchnology Foundation | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JICA <br>| <br> ![LOGO](g935258g59w02.jpg)  | <br> International Civil and Commercial<br>Law Centre Foundation | <br> International Civil and Commercial<br>Law Centre Foundation |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | <br> Japan International Medical <br> TEchnology Foundation | <br> Japan International Medical <br> TEchnology Foundation | <br> Japan International Medical <br> TEchnology Foundation |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | (Operation Consignment) | (Operation Consignment) |  |  |  | (Operation Consignment) | (Operation Consignment) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Assets |  | 50,627,962 yen |  |  |  |  | 147,499,903 yen |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Liabilities |  | 23,427,870 yen |  |  |  |  | 7,137,796 yen |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets) |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  | 34,589,168 yen |  |  |  |  | 137,351,770 yen |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  |  | <sup>⚪</sup> Revenues |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 1,298,478 yen |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc.  | 0 yen |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 70,873,252 yen |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 78,965,687 yen |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | 72,720,736 yen |  |  |  | <sup>⚪</sup> Expenses | 75,955,350 yen |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  |  | <sup>⚪</sup> Revenues |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | 6,840,070 yen |  |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the end of the fiscal year |  | 27,200,092 yen |  |  |  |  | 140,362,107 yen |  |
| &nbsp;&nbsp;&nbsp;(Statement of activities) |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |
| &nbsp;&nbsp;&nbsp;Total revenues for the current period |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |
| &nbsp;&nbsp;&nbsp;Total expenditures for the current period |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |
| &nbsp;&nbsp;&nbsp;Net balance of revenues and expenditures for the current period |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |
| &nbsp;&nbsp;&nbsp;Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc. | N/A | N/A | N/A | N/A |  | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Details of receivables and payables to relevant public interest corporations | N/A | N/A | N/A | N/A |  | Accounts payable: 35,243,716 yen, Accounts receivable: N/A | Accounts payable: 35,243,716 yen, Accounts receivable: N/A | Accounts payable: 35,243,716 yen, Accounts receivable: N/A |
| &nbsp;&nbsp;&nbsp;Details of debt guarantee | N/A | N/A | N/A | N/A |  | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | 50,294,885 yen |  |  | Total operating revenues: | Total operating revenues: | 60,605,487 yen |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 32,787,554 yen | 65.2%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Breakdown: JICA transactions  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Breakdown: JICA transactions  |  | 100.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Competitive contract |  | 0 yen | 0.0%) | Competitive contract | Competitive contract |  | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Planning competition and public selection |  | 32,787,554 yen | 100.0%) | Planning competition and public selection | Planning competition and public selection |  | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Non-competitive negotiated contracts |  | 0 yen | 0.0%) | Non-competitive negotiated contracts | Non-competitive negotiated contracts |  | 100.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Other |  | 0 yen | 0.0%) | Other | Other |  | 0.0%) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. |  |  |  |  |

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------

**General Account** 

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items | Pacific Resource Exchange Center | Pacific Resource Exchange Center | Pacific Resource Exchange Center | Pacific Resource Exchange Center | Overseas Agricultural Development Association | Overseas Agricultural Development Association | Overseas Agricultural Development Association | Overseas Agricultural Development Association |
| &nbsp;&nbsp;&nbsp;&nbsp; Outline of operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>| (1) Fostering human resources to contribute mainly to the growth of developing countries, etc.<br> (2) Economic, cultural, and personal exchange activities mainly with developing countries, etc.<br> (3) Cultivating human resources tasked with economic, cultural, and personal exchange activities mainly with developing countries, etc.<br> (4) Gathering information and research/study related to economic cooperation<br> (5) Public awareness and publicity concerning the aforementioned activities<br> (6) Other activities necessary for the achievement of objectives of this corporate body | (1) Fostering human resources to contribute mainly to the growth of developing countries, etc.<br> (2) Economic, cultural, and personal exchange activities mainly with developing countries, etc.<br> (3) Cultivating human resources tasked with economic, cultural, and personal exchange activities mainly with developing countries, etc.<br> (4) Gathering information and research/study related to economic cooperation<br> (5) Public awareness and publicity concerning the aforementioned activities<br> (6) Other activities necessary for the achievement of objectives of this corporate body | (1) Fostering human resources to contribute mainly to the growth of developing countries, etc.<br> (2) Economic, cultural, and personal exchange activities mainly with developing countries, etc.<br> (3) Cultivating human resources tasked with economic, cultural, and personal exchange activities mainly with developing countries, etc.<br> (4) Gathering information and research/study related to economic cooperation<br> (5) Public awareness and publicity concerning the aforementioned activities<br> (6) Other activities necessary for the achievement of objectives of this corporate body | (1) Fostering human resources to contribute mainly to the growth of developing countries, etc.<br> (2) Economic, cultural, and personal exchange activities mainly with developing countries, etc.<br> (3) Cultivating human resources tasked with economic, cultural, and personal exchange activities mainly with developing countries, etc.<br> (4) Gathering information and research/study related to economic cooperation<br> (5) Public awareness and publicity concerning the aforementioned activities<br> (6) Other activities necessary for the achievement of objectives of this corporate body | (1) Proposal regarding effective undertaking of overseas agricultural development cooperation<br> (2) Guidance and advice for overseas agricultural development cooperation by private-sector companies<br> (3) Cooperation for activities by the government and private-sector companies regarding overseas agricultural development cooperation<br> (4) Research and study regarding overseas agricultural development cooperation<br> (5) Gathering and providing of information regarding overseas agricultural development cooperation<br> (6) Carrying out of collaborative activities with community organizations regarding rural community promotion in Japan<br> (7) Capacity building and securing of personnel who engage in rural community promotion in Japan<br> (8) Activities for foreign technical intern training acceptance<br> (9) Establishment and operation of necessary facilities for aforementioned activities<br> (10) Other activities necessary to fulfill the aims of this organization | (1) Proposal regarding effective undertaking of overseas agricultural development cooperation<br> (2) Guidance and advice for overseas agricultural development cooperation by private-sector companies<br> (3) Cooperation for activities by the government and private-sector companies regarding overseas agricultural development cooperation<br> (4) Research and study regarding overseas agricultural development cooperation<br> (5) Gathering and providing of information regarding overseas agricultural development cooperation<br> (6) Carrying out of collaborative activities with community organizations regarding rural community promotion in Japan<br> (7) Capacity building and securing of personnel who engage in rural community promotion in Japan<br> (8) Activities for foreign technical intern training acceptance<br> (9) Establishment and operation of necessary facilities for aforementioned activities<br> (10) Other activities necessary to fulfill the aims of this organization | (1) Proposal regarding effective undertaking of overseas agricultural development cooperation<br> (2) Guidance and advice for overseas agricultural development cooperation by private-sector companies<br> (3) Cooperation for activities by the government and private-sector companies regarding overseas agricultural development cooperation<br> (4) Research and study regarding overseas agricultural development cooperation<br> (5) Gathering and providing of information regarding overseas agricultural development cooperation<br> (6) Carrying out of collaborative activities with community organizations regarding rural community promotion in Japan<br> (7) Capacity building and securing of personnel who engage in rural community promotion in Japan<br> (8) Activities for foreign technical intern training acceptance<br> (9) Establishment and operation of necessary facilities for aforementioned activities<br> (10) Other activities necessary to fulfill the aims of this organization | (1) Proposal regarding effective undertaking of overseas agricultural development cooperation<br> (2) Guidance and advice for overseas agricultural development cooperation by private-sector companies<br> (3) Cooperation for activities by the government and private-sector companies regarding overseas agricultural development cooperation<br> (4) Research and study regarding overseas agricultural development cooperation<br> (5) Gathering and providing of information regarding overseas agricultural development cooperation<br> (6) Carrying out of collaborative activities with community organizations regarding rural community promotion in Japan<br> (7) Capacity building and securing of personnel who engage in rural community promotion in Japan<br> (8) Activities for foreign technical intern training acceptance<br> (9) Establishment and operation of necessary facilities for aforementioned activities<br> (10) Other activities necessary to fulfill the aims of this organization |
| &nbsp;&nbsp;&nbsp;&nbsp; Name of officers | Number of officers: 19<br>Representative Director and President: Kiyoshi Otsubo | Number of officers: 19<br>Representative Director and President: Kiyoshi Otsubo | Number of officers: 19<br>Representative Director and President: Kiyoshi Otsubo | Number of officers: 19<br>Representative Director and President: Kiyoshi Otsubo | Number of officers: 16<br>Representative Director: Hidekazu Toyohara | Number of officers: 16<br>Representative Director: Hidekazu Toyohara | Number of officers: 16<br>Representative Director: Hidekazu Toyohara | Number of officers: 16<br>Representative Director: Hidekazu Toyohara |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | <br> Pacific Resource Exchange Center | <br> Pacific Resource Exchange Center | <br> Pacific Resource Exchange Center |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | <br> ![LOGO](g935258g59w01.jpg)  | <br> Pacific Resource Exchange Center | <br> Pacific Resource Exchange Center | <br> Pacific Resource Exchange Center | <br> ![LOGO](g935258g59w02.jpg)  | <br> Overseas Agricultural Development Association | <br> Overseas Agricultural Development Association | <br> Overseas Agricultural Development Association |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | <br> Pacific Resource Exchange Center | <br> Pacific Resource Exchange Center | <br> Pacific Resource Exchange Center |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | (Operation Consignment) | (Operation Consignment) |  |  | (Operation Consignment) | (Operation Consignment) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Assets |  | 4,144,851,867 yen |  |  |  | 90,777,000 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Liabilities |  | 83,573,655 yen |  |  |  | 31,579,851 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets) |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  | 4,177,754,492 yen |  |  |  | 28,462,596 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc.  | 0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 131,450,469 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 160,575,193 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | 247,926,749 yen |  |  | <sup>⚪</sup> Expenses | 129,840,640 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the end of the fiscal year |  | 4,061,278,212 yen |  |  |  | 59,197,149 yen |  |  |
| &nbsp;&nbsp;&nbsp;(Statement of activities) |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Total revenues for the current period |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Total expenditures for the current period |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Net balance of revenues and expenditures for the current period |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc. | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Details of receivables and payables to relevant public interest corporations | Accounts payable: 21,747,348 yen, Accounts receivable: N/A | Accounts payable: 21,747,348 yen, Accounts receivable: N/A | Accounts payable: 21,747,348 yen, Accounts receivable: N/A | Accounts payable: 21,747,348 yen, Accounts receivable: N/A | Accounts payable: 3,709,280 yen, Accounts receivable: 8,186,513 yen | Accounts payable: 3,709,280 yen, Accounts receivable: 8,186,513 yen | Accounts payable: 3,709,280 yen, Accounts receivable: 8,186,513 yen | Accounts payable: 3,709,280 yen, Accounts receivable: 8,186,513 yen |
| &nbsp;&nbsp;&nbsp;Details of debt guarantee | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | 54,024,199 yen |  |  | Total operating revenues: | 158,863,714 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 42,221,536 yen | 78.2%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Breakdown: JICA transactions  |  | 154,370,551 yen | 97.2%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Competitive contract |  | 21,747,348 yen | 51.5%) | Competitive contract |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Planning competition and public selection |  | 20,474,188 yen | 48.5%) | Planning competition and public selection |  | 143,772,151 yen | 93.1%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Non-competitive negotiated contracts |  | 0 yen | 0.0%) | Non-competitive negotiated contracts |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Other |  | 0 yen | 0.0%) | Other |  | 10,598,400 yen | 6.9%) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. |

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------

**General Account** 

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items | Supporting Organization of J.O.C.V. | Supporting Organization of J.O.C.V. | Supporting Organization of J.O.C.V. | Supporting Organization of J.O.C.V. | Supporting Organization of J.O.C.V. | Takikawa International Exchange Association | Takikawa International Exchange Association | Takikawa International Exchange Association | Takikawa International Exchange Association | Takikawa International Exchange Association |
| &nbsp;&nbsp;&nbsp;&nbsp; Outline of operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>| (1) Activities for the diffusion of cooperation volunteers' activities for awareness raising and for understanding promotion<br> (2) Activities for promoting participation in cooperation volunteers<br> (3) Activities for assisting cooperation volunteers' local activities<br> (4) Activities for leveraging cooperation volunteers' experience for society<br> (5) Social contribution projects based on collaboration with citizen volunteers<br> (6) Activities for placement and staffing<br> (7) Other activities necessary to achieve the objectives of this corporation | (1) Activities for the diffusion of cooperation volunteers' activities for awareness raising and for understanding promotion<br> (2) Activities for promoting participation in cooperation volunteers<br> (3) Activities for assisting cooperation volunteers' local activities<br> (4) Activities for leveraging cooperation volunteers' experience for society<br> (5) Social contribution projects based on collaboration with citizen volunteers<br> (6) Activities for placement and staffing<br> (7) Other activities necessary to achieve the objectives of this corporation | (1) Activities for the diffusion of cooperation volunteers' activities for awareness raising and for understanding promotion<br> (2) Activities for promoting participation in cooperation volunteers<br> (3) Activities for assisting cooperation volunteers' local activities<br> (4) Activities for leveraging cooperation volunteers' experience for society<br> (5) Social contribution projects based on collaboration with citizen volunteers<br> (6) Activities for placement and staffing<br> (7) Other activities necessary to achieve the objectives of this corporation | (1) Activities for the diffusion of cooperation volunteers' activities for awareness raising and for understanding promotion<br> (2) Activities for promoting participation in cooperation volunteers<br> (3) Activities for assisting cooperation volunteers' local activities<br> (4) Activities for leveraging cooperation volunteers' experience for society<br> (5) Social contribution projects based on collaboration with citizen volunteers<br> (6) Activities for placement and staffing<br> (7) Other activities necessary to achieve the objectives of this corporation | (1) Activities for the diffusion of cooperation volunteers' activities for awareness raising and for understanding promotion<br> (2) Activities for promoting participation in cooperation volunteers<br> (3) Activities for assisting cooperation volunteers' local activities<br> (4) Activities for leveraging cooperation volunteers' experience for society<br> (5) Social contribution projects based on collaboration with citizen volunteers<br> (6) Activities for placement and staffing<br> (7) Other activities necessary to achieve the objectives of this corporation | (1) Activities for international exchange<br> (2) Activities for international cooperation<br> (3) Activities for fostering international understanding<br> (4) Activities for promoting multiculturalism<br> (5) Other activities necessary to fulfill the purposes of the Association | (1) Activities for international exchange<br> (2) Activities for international cooperation<br> (3) Activities for fostering international understanding<br> (4) Activities for promoting multiculturalism<br> (5) Other activities necessary to fulfill the purposes of the Association | (1) Activities for international exchange<br> (2) Activities for international cooperation<br> (3) Activities for fostering international understanding<br> (4) Activities for promoting multiculturalism<br> (5) Other activities necessary to fulfill the purposes of the Association | (1) Activities for international exchange<br> (2) Activities for international cooperation<br> (3) Activities for fostering international understanding<br> (4) Activities for promoting multiculturalism<br> (5) Other activities necessary to fulfill the purposes of the Association | (1) Activities for international exchange<br> (2) Activities for international cooperation<br> (3) Activities for fostering international understanding<br> (4) Activities for promoting multiculturalism<br> (5) Other activities necessary to fulfill the purposes of the Association |
| &nbsp;&nbsp;&nbsp; <br> Name of officers<br>| Number of officers: 17<br>President and Representative Director: Yoichi Akashi<br> Standing Director General: Teiji Takeshita<br> (Former Director General of Secretariat of Japan Overseas Cooperation Volunteers, JICA) | Number of officers: 17<br>President and Representative Director: Yoichi Akashi<br> Standing Director General: Teiji Takeshita<br> (Former Director General of Secretariat of Japan Overseas Cooperation Volunteers, JICA) | Number of officers: 17<br>President and Representative Director: Yoichi Akashi<br> Standing Director General: Teiji Takeshita<br> (Former Director General of Secretariat of Japan Overseas Cooperation Volunteers, JICA) | Number of officers: 17<br>President and Representative Director: Yoichi Akashi<br> Standing Director General: Teiji Takeshita<br> (Former Director General of Secretariat of Japan Overseas Cooperation Volunteers, JICA) | Number of officers: 17<br>President and Representative Director: Yoichi Akashi<br> Standing Director General: Teiji Takeshita<br> (Former Director General of Secretariat of Japan Overseas Cooperation Volunteers, JICA) | Number of officers: 21<br>President: Norikazu Mizuguchi | Number of officers: 21<br>President: Norikazu Mizuguchi | Number of officers: 21<br>President: Norikazu Mizuguchi | Number of officers: 21<br>President: Norikazu Mizuguchi | Number of officers: 21<br>President: Norikazu Mizuguchi |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  | <br> Supporting Organization of <br> J.O.C.V. | <br> Supporting Organization of <br> J.O.C.V. | <br> Supporting Organization of <br> J.O.C.V. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JICA <br>| <br> ![LOGO](g935258g59w01.jpg)  | <br> Supporting Organization of <br> J.O.C.V. | <br> Supporting Organization of <br> J.O.C.V. | <br> Supporting Organization of <br> J.O.C.V. | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JICA <br>| <br> ![LOGO](g935258g59w02.jpg)  | <br> Takikawa International Exchange Association | <br> Takikawa International Exchange Association | <br> Takikawa International Exchange Association |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  | <br> Supporting Organization of <br> J.O.C.V. | <br> Supporting Organization of <br> J.O.C.V. | <br> Supporting Organization of <br> J.O.C.V. |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | (Operation Consignment) | (Operation Consignment) |  |  |  | (Operation Consignment) | (Operation Consignment) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Assets |  |  | 66,110,760 yen |  |  |  |  | 53,532,047 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Liabilities |  |  | 13,174,835 yen |  |  |  |  | 5,295,802 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  |  | 40,102,906 yen |  |  |  |  | 49,764,587 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues |  | <sup>⚪</sup> Revenues |  |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 3,000,000 yen |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc.  | 4,150,000 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 145,631,583 yen |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 35,849,148 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses |  | <sup>⚪</sup> Expenses | 135,798,564 yen |  |  |  | <sup>⚪</sup> Expenses | 41,527,490 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues |  | <sup>⚪</sup> Revenues |  |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the end of the fiscal year |  |  | 52,935,925 yen |  |  |  |  | 48,236,245 yen |  |  |
| &nbsp;&nbsp;&nbsp;(Statement of activities) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Total revenues for the current period |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Total expenditures for the current period |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Net balance of revenues and expenditures for the current period |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc. |  | N/A | N/A | N/A | N/A |  | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Details of receivables and payables to relevant public interest corporations |  | Accounts payable: 25,287,128 yen, Accounts receivable: N/A | Accounts payable: 25,287,128 yen, Accounts receivable: N/A | Accounts payable: 25,287,128 yen, Accounts receivable: N/A | Accounts payable: 25,287,128 yen, Accounts receivable: N/A |  | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Details of debt guarantee |  | N/A | N/A | N/A | N/A |  | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | Total operating revenues: | 138,136,034 yen |  |  | Total operating revenues: | Total operating revenues: | 33,719,902 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 122,356,442 yen | 88.6%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Breakdown: JICA transactions  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Breakdown: JICA transactions  |  | 26,960,658 yen | 80.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Competitive contract | <br> Competitive contract |  | 118,732,426 yen | 97.0%) | Competitive contract | Competitive contract |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Planning competition and public selection | <br> Planning competition and public selection |  | 0 yen | 0.0%) | Planning competition and public selection | Planning competition and public selection |  | 26,960,658 yen | 100.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Non-competitive negotiated contracts | <br> Non-competitive negotiated contracts |  | 2,030,366 yen | 1.7%) | Non-competitive negotiated contracts | Non-competitive negotiated contracts |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Other | <br> Other |  | 1,593,650 yen | 1.3%) | Other | Other |  | 0 yen | 0.0%) |

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**General Account** 

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items<br>| Tokachi Regional Activation Support Organization | Tokachi Regional Activation Support Organization | Tokachi Regional Activation Support Organization | Tokachi Regional Activation Support Organization | Tokachi Regional Activation Support Organization | Foundation for Advanced Studies on International Development | Foundation for Advanced Studies on International Development | Foundation for Advanced Studies on International Development | Foundation for Advanced Studies on International Development |
| &nbsp;&nbsp; <br> Outline of operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>| (1) Business about local problem solution<br> (2) Business about activation of area<br> (3) Business related to employee training, recruitment activities, and internships at local companies<br> (4) Business of paid employment placement based on Employment Security Act<br> (5) Business of undertaking of various operations<br> (6) Business of renting various equipments, etc.<br> (7) Business of food produce and sales<br> (8) Other business required to achieve the purpose of the corporation | (1) Business about local problem solution<br> (2) Business about activation of area<br> (3) Business related to employee training, recruitment activities, and internships at local companies<br> (4) Business of paid employment placement based on Employment Security Act<br> (5) Business of undertaking of various operations<br> (6) Business of renting various equipments, etc.<br> (7) Business of food produce and sales<br> (8) Other business required to achieve the purpose of the corporation | (1) Business about local problem solution<br> (2) Business about activation of area<br> (3) Business related to employee training, recruitment activities, and internships at local companies<br> (4) Business of paid employment placement based on Employment Security Act<br> (5) Business of undertaking of various operations<br> (6) Business of renting various equipments, etc.<br> (7) Business of food produce and sales<br> (8) Other business required to achieve the purpose of the corporation | (1) Business about local problem solution<br> (2) Business about activation of area<br> (3) Business related to employee training, recruitment activities, and internships at local companies<br> (4) Business of paid employment placement based on Employment Security Act<br> (5) Business of undertaking of various operations<br> (6) Business of renting various equipments, etc.<br> (7) Business of food produce and sales<br> (8) Other business required to achieve the purpose of the corporation | (1) Business about local problem solution<br> (2) Business about activation of area<br> (3) Business related to employee training, recruitment activities, and internships at local companies<br> (4) Business of paid employment placement based on Employment Security Act<br> (5) Business of undertaking of various operations<br> (6) Business of renting various equipments, etc.<br> (7) Business of food produce and sales<br> (8) Other business required to achieve the purpose of the corporation | (1) Cultivation of human resources for international development<br> (2) Research and surveys for international development and assistance policy<br> (3) Cooperation for advanced studies regarding international development<br> (4) Technical cooperation projects overseas<br> (5) Cooperation for private-sector business activities contributing to international development<br> (6) Dissemination of information, edification, and publicity regarding international development<br> (7) Activities in Japan drawing on insights from aforementioned activities<br> (8) Other activities necessary to fulfill the aims of this foundation | (1) Cultivation of human resources for international development<br> (2) Research and surveys for international development and assistance policy<br> (3) Cooperation for advanced studies regarding international development<br> (4) Technical cooperation projects overseas<br> (5) Cooperation for private-sector business activities contributing to international development<br> (6) Dissemination of information, edification, and publicity regarding international development<br> (7) Activities in Japan drawing on insights from aforementioned activities<br> (8) Other activities necessary to fulfill the aims of this foundation | (1) Cultivation of human resources for international development<br> (2) Research and surveys for international development and assistance policy<br> (3) Cooperation for advanced studies regarding international development<br> (4) Technical cooperation projects overseas<br> (5) Cooperation for private-sector business activities contributing to international development<br> (6) Dissemination of information, edification, and publicity regarding international development<br> (7) Activities in Japan drawing on insights from aforementioned activities<br> (8) Other activities necessary to fulfill the aims of this foundation | (1) Cultivation of human resources for international development<br> (2) Research and surveys for international development and assistance policy<br> (3) Cooperation for advanced studies regarding international development<br> (4) Technical cooperation projects overseas<br> (5) Cooperation for private-sector business activities contributing to international development<br> (6) Dissemination of information, edification, and publicity regarding international development<br> (7) Activities in Japan drawing on insights from aforementioned activities<br> (8) Other activities necessary to fulfill the aims of this foundation |
| &nbsp;&nbsp;&nbsp; <br> Name of officers<br>| Number of officers: 11<br>Chairman (Representative Director): Takeharu Matsumoto | Number of officers: 11<br>Chairman (Representative Director): Takeharu Matsumoto | Number of officers: 11<br>Chairman (Representative Director): Takeharu Matsumoto | Number of officers: 11<br>Chairman (Representative Director): Takeharu Matsumoto | Number of officers: 11<br>Chairman (Representative Director): Takeharu Matsumoto | Number of officers: 7<br>President: Tsuneo Sugishita | Number of officers: 7<br>President: Tsuneo Sugishita | Number of officers: 7<br>President: Tsuneo Sugishita | Number of officers: 7<br>President: Tsuneo Sugishita |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  | <br> Tokachi Regional Activation<br>Support Organization | <br> Tokachi Regional Activation<br>Support Organization | <br> Tokachi Regional Activation<br>Support Organization |  | <br> Foundation for Advanced Studies on<br> International Development | <br> Foundation for Advanced Studies on<br> International Development | <br> Foundation for Advanced Studies on<br> International Development |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JICA <br>| ![LOGO](g935258g64o15.jpg)  | <br> Tokachi Regional Activation<br>Support Organization | <br> Tokachi Regional Activation<br>Support Organization | <br> Tokachi Regional Activation<br>Support Organization | ![LOGO](g935258g64o15.jpg)  | <br> Foundation for Advanced Studies on<br> International Development | <br> Foundation for Advanced Studies on<br> International Development | <br> Foundation for Advanced Studies on<br> International Development |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  | <br> Tokachi Regional Activation<br>Support Organization | <br> Tokachi Regional Activation<br>Support Organization | <br> Tokachi Regional Activation<br>Support Organization |  | <br> Foundation for Advanced Studies on<br> International Development | <br> Foundation for Advanced Studies on<br> International Development | <br> Foundation for Advanced Studies on<br> International Development |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | (Operation Consignment) | (Operation Consignment) |  |  | (Operation Consignment) | (Operation Consignment) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets |  |  | 16,461,010 yen |  |  |  | 614,430,257 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liabilities |  |  | 21,434,429 yen |  |  |  | 45,839,325 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets) |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year<br>|  |  | (4194844) yen |  |  |  | 616,431,229 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues |  | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc.  | 1,000,000 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 52,124,466 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 193,314,466 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses |  | <sup>⚪</sup> Expenses | 52,903,041 yen |  |  | <sup>⚪</sup> Expenses | 242,154,763 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues |  | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the end of the fiscal year<br>|  |  | (4973419) yen |  |  |  | 568,590,932 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Statement of activities)<br>|  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year<br>|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total revenues for the current period<br>|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total expenditures for the current period<br>|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net balance of revenues and expenditures for the current period<br>|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc.<br>|  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables to relevant public interest corporations<br>|  | Accounts payable: 1,099,000 yen, Accounts receivable: 489,745 yen | Accounts payable: 1,099,000 yen, Accounts receivable: 489,745 yen | Accounts payable: 1,099,000 yen, Accounts receivable: 489,745 yen | Accounts payable: 1,099,000 yen, Accounts receivable: 489,745 yen | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee<br>|  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | Total operating revenues: | 52,086,094 yen |  |  | Total operating revenues: | 190,958,701 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 26,837,543 yen | 51.5%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Breakdown: JICA transactions |  | 174,399,834 yen | 91.3%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Competitive contract | <br> Competitive contract |  | 0 yen | 0.0%) | Competitive contract |  | 19,719,790 yen | 11.3%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Planning competition and public selection | <br> Planning competition and public selection |  | 24,781,884 yen | 92.3%) | Planning competition and public selection |  | 148,891,181 yen | 85.4%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Non-competitive negotiated contracts | <br> Non-competitive negotiated contracts |  | 2,038,554 yen | 7.6%) | Non-competitive negotiated contracts |  | 678,858 yen | 0.4%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Other | <br> Other |  | 17,105 yen | 0.1%) | Other |  | 5,110,005 yen | 2.9%) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) The above amount pertains to the period from April 1, 2023, through March 31, 2024. |

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**General Account** 

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items<br>| The Overseas Coastal Area Development Institute of Japan | The Overseas Coastal Area Development Institute of Japan | The Overseas Coastal Area Development Institute of Japan | The Overseas Coastal Area Development Institute of Japan | The Overseas Coastal Area Development Institute of Japan | Asia SEED | Asia SEED | Asia SEED | Asia SEED |
| &nbsp;&nbsp;&nbsp;&nbsp; Outline of operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>| (1) Research and studies for projects<br> 1. Research and studies on global coastal area development and international logistics<br> 2. Cooperative projects related to coastal development and logistics overseas<br> (2) International cooperation support activities<br> 1. Transfer of Japanese technology concerning coastal development and logistics<br> 2. Gathering and analyzing information on global coastal development and international logistics<br> (3) International exchange and publicity<br> 1. Promotion of international relations with overseas researchers and experts on coastal development and logistics<br> 2. Organizing of study sessions and lectures and publications on global coastal development and international logistics<br> 3. Joint research on global coastal development and international logistics with domestic and overseas institutions<br> (4) Other activities necessary for fulfilling the aims of the Center | (1) Research and studies for projects<br> 1. Research and studies on global coastal area development and international logistics<br> 2. Cooperative projects related to coastal development and logistics overseas<br> (2) International cooperation support activities<br> 1. Transfer of Japanese technology concerning coastal development and logistics<br> 2. Gathering and analyzing information on global coastal development and international logistics<br> (3) International exchange and publicity<br> 1. Promotion of international relations with overseas researchers and experts on coastal development and logistics<br> 2. Organizing of study sessions and lectures and publications on global coastal development and international logistics<br> 3. Joint research on global coastal development and international logistics with domestic and overseas institutions<br> (4) Other activities necessary for fulfilling the aims of the Center | (1) Research and studies for projects<br> 1. Research and studies on global coastal area development and international logistics<br> 2. Cooperative projects related to coastal development and logistics overseas<br> (2) International cooperation support activities<br> 1. Transfer of Japanese technology concerning coastal development and logistics<br> 2. Gathering and analyzing information on global coastal development and international logistics<br> (3) International exchange and publicity<br> 1. Promotion of international relations with overseas researchers and experts on coastal development and logistics<br> 2. Organizing of study sessions and lectures and publications on global coastal development and international logistics<br> 3. Joint research on global coastal development and international logistics with domestic and overseas institutions<br> (4) Other activities necessary for fulfilling the aims of the Center | (1) Research and studies for projects<br> 1. Research and studies on global coastal area development and international logistics<br> 2. Cooperative projects related to coastal development and logistics overseas<br> (2) International cooperation support activities<br> 1. Transfer of Japanese technology concerning coastal development and logistics<br> 2. Gathering and analyzing information on global coastal development and international logistics<br> (3) International exchange and publicity<br> 1. Promotion of international relations with overseas researchers and experts on coastal development and logistics<br> 2. Organizing of study sessions and lectures and publications on global coastal development and international logistics<br> 3. Joint research on global coastal development and international logistics with domestic and overseas institutions<br> (4) Other activities necessary for fulfilling the aims of the Center | (1) Research and studies for projects<br> 1. Research and studies on global coastal area development and international logistics<br> 2. Cooperative projects related to coastal development and logistics overseas<br> (2) International cooperation support activities<br> 1. Transfer of Japanese technology concerning coastal development and logistics<br> 2. Gathering and analyzing information on global coastal development and international logistics<br> (3) International exchange and publicity<br> 1. Promotion of international relations with overseas researchers and experts on coastal development and logistics<br> 2. Organizing of study sessions and lectures and publications on global coastal development and international logistics<br> 3. Joint research on global coastal development and international logistics with domestic and overseas institutions<br> (4) Other activities necessary for fulfilling the aims of the Center | (1) Research, information collection and analysis of issues related to education, scientific technology, culture, economy and industry between Japan and Asian-Pacific region and other nations and proposals on these issues<br> (2) Development of cooperative projects and implementation of consulting on concrete issues based on the preceding article<br> (3) Promotion of interactions among government officers, educators, researchers and other people concerned by collaborative researches, seminars and similar activities<br> (4) Support on exchange of students and trainees between Japan and other nations<br> (5) Development of professional skills of international students and trainees and job placement to provide them employment opportunities<br> (6) Other related issues | (1) Research, information collection and analysis of issues related to education, scientific technology, culture, economy and industry between Japan and Asian-Pacific region and other nations and proposals on these issues<br> (2) Development of cooperative projects and implementation of consulting on concrete issues based on the preceding article<br> (3) Promotion of interactions among government officers, educators, researchers and other people concerned by collaborative researches, seminars and similar activities<br> (4) Support on exchange of students and trainees between Japan and other nations<br> (5) Development of professional skills of international students and trainees and job placement to provide them employment opportunities<br> (6) Other related issues | (1) Research, information collection and analysis of issues related to education, scientific technology, culture, economy and industry between Japan and Asian-Pacific region and other nations and proposals on these issues<br> (2) Development of cooperative projects and implementation of consulting on concrete issues based on the preceding article<br> (3) Promotion of interactions among government officers, educators, researchers and other people concerned by collaborative researches, seminars and similar activities<br> (4) Support on exchange of students and trainees between Japan and other nations<br> (5) Development of professional skills of international students and trainees and job placement to provide them employment opportunities<br> (6) Other related issues | (1) Research, information collection and analysis of issues related to education, scientific technology, culture, economy and industry between Japan and Asian-Pacific region and other nations and proposals on these issues<br> (2) Development of cooperative projects and implementation of consulting on concrete issues based on the preceding article<br> (3) Promotion of interactions among government officers, educators, researchers and other people concerned by collaborative researches, seminars and similar activities<br> (4) Support on exchange of students and trainees between Japan and other nations<br> (5) Development of professional skills of international students and trainees and job placement to provide them employment opportunities<br> (6) Other related issues |
| &nbsp;&nbsp;&nbsp; <br> Name of officers<br>| Number of officers: 8<br>President: Koichi Miyake | Number of officers: 8<br>President: Koichi Miyake | Number of officers: 8<br>President: Koichi Miyake | Number of officers: 8<br>President: Koichi Miyake | Number of officers: 8<br>President: Koichi Miyake | Number of officers: 16<br>Chairman: Hikaru Shozawa | Number of officers: 16<br>Chairman: Hikaru Shozawa | Number of officers: 16<br>Chairman: Hikaru Shozawa | Number of officers: 16<br>Chairman: Hikaru Shozawa |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  | <br> The Overseas Coastal Area <br> Development Institute of Japan | <br> The Overseas Coastal Area <br> Development Institute of Japan | <br> The Overseas Coastal Area <br> Development Institute of Japan |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JICA <br>| ![LOGO](g935258g60w01.jpg)  | <br> The Overseas Coastal Area <br> Development Institute of Japan | <br> The Overseas Coastal Area <br> Development Institute of Japan | <br> The Overseas Coastal Area <br> Development Institute of Japan | ![LOGO](g935258g60w01.jpg)  | <br> Asia SEED | <br> Asia SEED | <br> Asia SEED |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  | <br> The Overseas Coastal Area <br> Development Institute of Japan | <br> The Overseas Coastal Area <br> Development Institute of Japan | <br> The Overseas Coastal Area <br> Development Institute of Japan |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  | (Operation Consignment) | (Operation Consignment) |  |  | (Operation Consignment) | (Operation Consignment) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets |  |  | 2,205,715,918 yen |  |  |  | 370,200,218 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liabilities |  |  | 203,832,677 yen |  |  |  | 48,965,397 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets) |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  |  | 1,984,691,951 yen |  |  |  | - |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues |  | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | 0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | 953,090,677 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses |  | <sup>⚪</sup> Expenses | 935,899,387 yen |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues |  | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 yen |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the end of the fiscal year<br>|  |  | 2,001,883,241 yen |  |  |  | 321,234,821 yen |  |  |
| &nbsp;&nbsp;&nbsp;(Statement of activities) |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Balance of net assets at the beginning of the fiscal year |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | 313,409,385 yen |  |  |
| &nbsp;&nbsp;&nbsp;Total revenues for the current period |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | 323,009,014 yen |  |  |
| &nbsp;&nbsp;&nbsp;Total expenditures for the current period |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | 315,183,578 yen |  |  |
| &nbsp;&nbsp;&nbsp;Net balance of revenues and expenditures for the current period |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | 7,825,436 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc.<br>|  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables to relevant public interest corporations<br>|  | Accounts payable: 106,635,674 yen, Accounts receivable: N/A | Accounts payable: 106,635,674 yen, Accounts receivable: N/A | Accounts payable: 106,635,674 yen, Accounts receivable: N/A | Accounts payable: 106,635,674 yen, Accounts receivable: N/A | Accounts payable: 55,325,208 yen, Accounts receivable: 153,700 yen | Accounts payable: 55,325,208 yen, Accounts receivable: 153,700 yen | Accounts payable: 55,325,208 yen, Accounts receivable: 153,700 yen | Accounts payable: 55,325,208 yen, Accounts receivable: 153,700 yen |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee<br>|  | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | Total operating revenues: | 942,041,620 yen |  |  | Total operating revenues: | 322,948,210 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 640,602,894 yen | 68.0%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Breakdown: JICA transactions  |  | 230,163,202 yen | 71.3%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Competitive contract | <br> Competitive contract |  | 0 yen | 0.0%) | Competitive contract |  | 79,184,208 yen | 34.4%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Planning competition and public selection | <br> Planning competition and public selection |  | 626,959,924 yen | 97.9%) | Planning competition and public selection |  | 150,978,994 yen | 65.6%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Non-competitive negotiated contracts | <br> Non-competitive negotiated contracts |  | 13,642,970 yen | 2.1%) | Non-competitive negotiated contracts |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Other | <br> Other |  | 0 yen | 0.0%) | Other |  | 0 yen | 0.0%) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared.<br> (Note 2) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared.<br> (Note 2) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared.<br> (Note 2) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared.<br> (Note 2) The above amount pertains to the period from April 1, 2023, through March 31, 2024. |

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------

**General Account** 

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items<br>| ACE | ACE | ACE | ACE | International Farmers Participation Technical Net-work | International Farmers Participation Technical Net-work | International Farmers Participation Technical Net-work | International Farmers Participation Technical Net-work |
| &nbsp;&nbsp;&nbsp;&nbsp; <br> Outline of operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>| (1) Children's Rights Promotion Project: Aiming to increase the number of people and organizations that respect children's rights and to realize children's rights.<br> (2) Engagement Project: Promoting public relations and participation in social issues to create activities together.<br> (3) Other necessary projects to achieve the objectives of this corporation. | (1) Children's Rights Promotion Project: Aiming to increase the number of people and organizations that respect children's rights and to realize children's rights.<br> (2) Engagement Project: Promoting public relations and participation in social issues to create activities together.<br> (3) Other necessary projects to achieve the objectives of this corporation. | (1) Children's Rights Promotion Project: Aiming to increase the number of people and organizations that respect children's rights and to realize children's rights.<br> (2) Engagement Project: Promoting public relations and participation in social issues to create activities together.<br> (3) Other necessary projects to achieve the objectives of this corporation. | (1) Children's Rights Promotion Project: Aiming to increase the number of people and organizations that respect children's rights and to realize children's rights.<br> (2) Engagement Project: Promoting public relations and participation in social issues to create activities together.<br> (3) Other necessary projects to achieve the objectives of this corporation. | (1) Activities regarding international cooperation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As support for small-scale farmers, development of appropriate technologies regarding upland crop, rice cultivation, vegetable cultivation, improvement of agricultural instruments, and irrigation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Gathering and providing information on agricultural technology for small-scale farmers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Survey of situations of local agriculture, and research and development for appropriate technologies<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Capacity building of local residents and technological support<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Training in Japan as well as at operation site<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Support through dispatching experts<br> (2) Activities related to revitalization of economic activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Cooperation for participatory rural development through appropriate agricultural technology<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Cooperation for farmers to participate in local agricultural cooperatives, etc.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Cooperation for training of appropriate agricultural technology for local farmers<br> (3) Activities related to promotion of learning<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Development, research, and study of appropriate technology for local small-scale farmers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Exchange with Japanese farmers, students and experts engaging in international cooperation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Support and cooperation to universities and research institutions | (1) Activities regarding international cooperation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As support for small-scale farmers, development of appropriate technologies regarding upland crop, rice cultivation, vegetable cultivation, improvement of agricultural instruments, and irrigation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Gathering and providing information on agricultural technology for small-scale farmers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Survey of situations of local agriculture, and research and development for appropriate technologies<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Capacity building of local residents and technological support<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Training in Japan as well as at operation site<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Support through dispatching experts<br> (2) Activities related to revitalization of economic activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Cooperation for participatory rural development through appropriate agricultural technology<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Cooperation for farmers to participate in local agricultural cooperatives, etc.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Cooperation for training of appropriate agricultural technology for local farmers<br> (3) Activities related to promotion of learning<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Development, research, and study of appropriate technology for local small-scale farmers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Exchange with Japanese farmers, students and experts engaging in international cooperation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Support and cooperation to universities and research institutions | (1) Activities regarding international cooperation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As support for small-scale farmers, development of appropriate technologies regarding upland crop, rice cultivation, vegetable cultivation, improvement of agricultural instruments, and irrigation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Gathering and providing information on agricultural technology for small-scale farmers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Survey of situations of local agriculture, and research and development for appropriate technologies<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Capacity building of local residents and technological support<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Training in Japan as well as at operation site<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Support through dispatching experts<br> (2) Activities related to revitalization of economic activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Cooperation for participatory rural development through appropriate agricultural technology<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Cooperation for farmers to participate in local agricultural cooperatives, etc.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Cooperation for training of appropriate agricultural technology for local farmers<br> (3) Activities related to promotion of learning<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Development, research, and study of appropriate technology for local small-scale farmers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Exchange with Japanese farmers, students and experts engaging in international cooperation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Support and cooperation to universities and research institutions | (1) Activities regarding international cooperation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As support for small-scale farmers, development of appropriate technologies regarding upland crop, rice cultivation, vegetable cultivation, improvement of agricultural instruments, and irrigation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Gathering and providing information on agricultural technology for small-scale farmers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Survey of situations of local agriculture, and research and development for appropriate technologies<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Capacity building of local residents and technological support<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Training in Japan as well as at operation site<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Support through dispatching experts<br> (2) Activities related to revitalization of economic activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Cooperation for participatory rural development through appropriate agricultural technology<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Cooperation for farmers to participate in local agricultural cooperatives, etc.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Cooperation for training of appropriate agricultural technology for local farmers<br> (3) Activities related to promotion of learning<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Development, research, and study of appropriate technology for local small-scale farmers<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Exchange with Japanese farmers, students and experts engaging in international cooperation<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Support and cooperation to universities and research institutions |
| &nbsp;&nbsp;&nbsp;&nbsp; Name of officers | Number of officers: 14<br>President: Yuka Onoe | Number of officers: 14<br>President: Yuka Onoe | Number of officers: 14<br>President: Yuka Onoe | Number of officers: 14<br>President: Yuka Onoe | Number of officers: 7<br>President: Hai Sakurai<br> Director: Kazuo Nagai<br> (Former Director General of the Tsukuba Center of JICA)<br> Director: Yoshihiko Nishimura<br> (Former Deputy Director of the Tsukuba Center of JICA)<br> Auditor: Kyojin Mima<br> (Former Chief Representative of JICA Nigeria Office) | Number of officers: 7<br>President: Hai Sakurai<br> Director: Kazuo Nagai<br> (Former Director General of the Tsukuba Center of JICA)<br> Director: Yoshihiko Nishimura<br> (Former Deputy Director of the Tsukuba Center of JICA)<br> Auditor: Kyojin Mima<br> (Former Chief Representative of JICA Nigeria Office) | Number of officers: 7<br>President: Hai Sakurai<br> Director: Kazuo Nagai<br> (Former Director General of the Tsukuba Center of JICA)<br> Director: Yoshihiko Nishimura<br> (Former Deputy Director of the Tsukuba Center of JICA)<br> Auditor: Kyojin Mima<br> (Former Chief Representative of JICA Nigeria Office) | Number of officers: 7<br>President: Hai Sakurai<br> Director: Kazuo Nagai<br> (Former Director General of the Tsukuba Center of JICA)<br> Director: Yoshihiko Nishimura<br> (Former Deputy Director of the Tsukuba Center of JICA)<br> Auditor: Kyojin Mima<br> (Former Chief Representative of JICA Nigeria Office) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | ![LOGO](g935258g64o15.jpg)  | <br> ACE | <br> ACE | <br> ACE | ![LOGO](g935258g64o15.jpg)  | <br> International Farmers Participation Technical Net-work | <br> International Farmers Participation Technical Net-work | <br> International Farmers Participation Technical Net-work |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest corporations and JICA | (Operation Consignment) | (Operation Consignment) |  |  | (Operation Consignment) | (Operation Consignment) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets |  | 143,888,837 yen |  |  |  | 59,394,360 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liabilities |  | 67,523,815 yen |  |  |  | 35,250,534 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets) |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year<br>|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the end of the fiscal year<br>|  | 76,365,022 yen |  |  |  | 24,143,826 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Statement of activities)<br>|  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year<br>|  | 36,075,911 yen |  |  |  | 20,035,187 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total revenues for the current period<br>|  | 263,961,817 yen |  |  |  | 101,511,358 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total expenditures for the current period<br>|  | 223,672,706 yen |  |  |  | 97,402,719 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net balance of revenues and expenditures for the current period<br>|  | 40,289,111 yen |  |  |  | 4,108,639 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc.<br>| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables to relevant public interest corporations<br>| N/A | N/A | N/A | N/A | Accounts payable: 19,400 yen, Accounts receivable: N/A | Accounts payable: 19,400 yen, Accounts receivable: N/A | Accounts payable: 19,400 yen, Accounts receivable: N/A | Accounts payable: 19,400 yen, Accounts receivable: N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee<br>| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | 90,270,545 yen |  |  | Total operating revenues: | 101,206,429 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 66,527,038 yen | 73.7%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Breakdown: JICA transactions |  | 88,493,028 yen | 87.4%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Competitive contract |  | 0 yen | 0.0%) | Competitive contract |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Planning competition and public selection |  | 55,744,583 yen | 83.8 %) | Planning competition and public selection |  | 88,219,348 yen | 99.7 %) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Non-competitive negotiated contracts |  | 10,524,440 yen | 15.8%) | Non-competitive negotiated contracts |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Other |  | 258,015 yen | 0.4%) | Other |  | 273,680 yen | 0.3%) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared.<br> (Note 2) The above amount pertains to the period from September 1, 2023, through August 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared.<br> (Note 2) The above amount pertains to the period from September 1, 2023, through August 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared.<br> (Note 2) The above amount pertains to the period from September 1, 2023, through August 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared.<br> (Note 2) The above amount pertains to the period from September 1, 2023, through August 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. |

---

------

**General Account** 

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) | (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items<br>| Lequio Wings | Lequio Wings | Lequio Wings | Lequio Wings | Farmers Cooperative Association | Farmers Cooperative Association | Farmers Cooperative Association | Farmers Cooperative Association | Farmers Cooperative Association |
| &nbsp;&nbsp; <br> Outline of operations<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>| (1) Businesses related to specified non-profit activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. International cooperation activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. International exchange activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Activities regarding to capacity building<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Activities regarding culture, sports, education, and academic exchange<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Activities regarding promotion of communities in Okinawa<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Support for the socially vulnerable and activities to promote peace<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Other activities necessary for fulfilling the aims of this organization<br>(2) Other businesses<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Sales of goods and services | (1) Businesses related to specified non-profit activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. International cooperation activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. International exchange activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Activities regarding to capacity building<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Activities regarding culture, sports, education, and academic exchange<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Activities regarding promotion of communities in Okinawa<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Support for the socially vulnerable and activities to promote peace<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Other activities necessary for fulfilling the aims of this organization<br>(2) Other businesses<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Sales of goods and services | (1) Businesses related to specified non-profit activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. International cooperation activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. International exchange activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Activities regarding to capacity building<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Activities regarding culture, sports, education, and academic exchange<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Activities regarding promotion of communities in Okinawa<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Support for the socially vulnerable and activities to promote peace<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Other activities necessary for fulfilling the aims of this organization<br>(2) Other businesses<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Sales of goods and services | (1) Businesses related to specified non-profit activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. International cooperation activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. International exchange activities<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Activities regarding to capacity building<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. Activities regarding culture, sports, education, and academic exchange<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. Activities regarding promotion of communities in Okinawa<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. Support for the socially vulnerable and activities to promote peace<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Other activities necessary for fulfilling the aims of this organization<br>(2) Other businesses<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Sales of goods and services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Joint purchasing of agricultural materials handled by union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Joint acceptance of foreign technical intern trainees for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Support projects for specified skilled foreign workers for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Provision of education and information to improve management and technology related to the business of union members or to disseminate knowledge related to union business<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) Welfare projects for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Free job placement services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) Projects incidental to the above-mentioned projects | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Joint purchasing of agricultural materials handled by union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Joint acceptance of foreign technical intern trainees for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Support projects for specified skilled foreign workers for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Provision of education and information to improve management and technology related to the business of union members or to disseminate knowledge related to union business<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) Welfare projects for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Free job placement services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) Projects incidental to the above-mentioned projects | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Joint purchasing of agricultural materials handled by union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Joint acceptance of foreign technical intern trainees for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Support projects for specified skilled foreign workers for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Provision of education and information to improve management and technology related to the business of union members or to disseminate knowledge related to union business<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) Welfare projects for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Free job placement services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) Projects incidental to the above-mentioned projects | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Joint purchasing of agricultural materials handled by union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Joint acceptance of foreign technical intern trainees for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Support projects for specified skilled foreign workers for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Provision of education and information to improve management and technology related to the business of union members or to disseminate knowledge related to union business<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) Welfare projects for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Free job placement services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) Projects incidental to the above-mentioned projects | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Joint purchasing of agricultural materials handled by union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Joint acceptance of foreign technical intern trainees for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Support projects for specified skilled foreign workers for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Provision of education and information to improve management and technology related to the business of union members or to disseminate knowledge related to union business<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) Welfare projects for union members<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Free job placement services<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) Projects incidental to the above-mentioned projects |
| &nbsp;&nbsp;&nbsp; <br> Name of officers<br>| Number of officers: 7<br>President: Chochu Awa | Number of officers: 7<br>President: Chochu Awa | Number of officers: 7<br>President: Chochu Awa | Number of officers: 7<br>President: Chochu Awa | Number of officers: 12<br>Representative director: Takashi Kondo | Number of officers: 12<br>Representative director: Takashi Kondo | Number of officers: 12<br>Representative director: Takashi Kondo | Number of officers: 12<br>Representative director: Takashi Kondo | Number of officers: 12<br>Representative director: Takashi Kondo |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest<br>corporations and JICA |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest<br>corporations and JICA |  | <br> Lequio Wings | <br> Lequio Wings | <br> Lequio Wings |  |  | <br> Farmers Cooperative | <br> Farmers Cooperative | <br> Farmers Cooperative |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest<br>corporations and JICA | ![LOGO](g935258g64o15.jpg)  | <br> Lequio Wings | <br> Lequio Wings | <br> Lequio Wings | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JICA <br>| ![LOGO](g935258g64o15.jpg)  | <br> Farmers Cooperative | <br> Farmers Cooperative | <br> Farmers Cooperative |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest<br>corporations and JICA |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest<br>corporations and JICA |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Association chart on transactions between relevant public interest<br>corporations and JICA | (Operation Consignment) | (Operation Consignment) |  |  |  | (Operation Consignment) | (Operation Consignment) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets |  | 19,254,003 yen |  |  |  |  | 85,803,824 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liabilities |  | 391,918 yen |  |  |  |  | 69,998,713 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets) |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year<br>|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Revenues | <sup>⚪</sup> Revenues |  |  |  |  | <sup>⚪</sup> Revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Subsidy received, etc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Other revenues | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>⚪</sup> Expenses | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |  | <sup>⚪</sup> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the end of the fiscal year<br>|  | 18,862,085 yen |  |  |  |  | 15,805,111 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Statement of activities)<br>|  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year<br>|  | 17,756,833 yen |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total revenues for the current period<br>|  | 35,199,788 yen |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total expenditures for the current period<br>|  | 34,094,536 yen |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net balance of revenues and expenditures for the current period<br>|  | 1,105,252 yen |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc.<br>| N/A | N/A | N/A | N/A |  | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables to relevant public interest corporations<br>| N/A | N/A | N/A | N/A |  | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee<br>| N/A | N/A | N/A | N/A |  | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | 34,876,053 yen |  |  | Total operating revenues: | Total operating revenues: | 99,799,193 yen |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 34,876,053 yen | 100.0%) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> (Breakdown: JICA transactions |  | 34,953,551 yen | 35.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Competitive contract |  | 0 yen | 0.0%) | <br> Competitive contract | <br> Competitive contract |  | 0 yen | 0.0%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Planning competition and public selection |  | 34,876,053 yen | 100.0%) | <br> Planning competition and public selection | <br> Planning competition and public selection |  | 29,515,813 yen | 84.4%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Non-competitive negotiated contracts |  | 0 yen | 0.0%) | <br> Non-competitive negotiated contracts | <br> Non-competitive negotiated contracts |  | 5,437,738 yen | 15.6%) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | <br> Others |  | 0 yen | 0.0%) | <br> Others | <br> Others |  | 0 yen | 0.0%) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. |  |  |  |  |  |

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**Independent Auditor's Report** 

Mr. Akihiko Tanaka, President

Japan International Cooperation Agency

***The Audit of the Financial Statements***

**Opinion** 

We have audited the accompanying financial statements of the finance and investment account of Japan International Cooperation Agency (the Agency), which comprise the balance sheet as at March 31, 2025 and the statements of administrative service operation cost, income, changes in net assets, and cash flows for the year then ended, and a summary of significant accounting policies and notes to the financial statements, and the accompanying supplementary schedules (except for the information described based on the financial statements and business reports relating to the associated public interest corporations).

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the finance and investment account of the Agency as at March 31, 2025, and its financial performance and its cash flows for the year then ended in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan.

**Basis for Opinion** 

We conducted our audit in accordance with auditing standards for incorporated administrative agencies generally accepted in Japan. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Agency in accordance with the ethical requirements that are relevant to our audit of the financial statements in Japan, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. The basis includes the fact that no such fraud or error, or illegal acts, of the president, other executive officers or staff members that would result in material misstatement in the financial statements was found, to the extent that we conducted our audit. The audit we conducted is not intended to express an opinion on whether there was any fraud or error, or illegal acts, of the president, other executive officers or staff members, which would not result in material misstatement in the financial statements.

**Other Information** 

The other information comprises the information included in the Annual Report that contains audited financial statements but does not include the financial statements and our auditor's report thereon. President is responsible for preparation and disclosure of the other information. The Agency Auditor is responsible for overseeing the Agency's reporting process of the other information.

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Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated.

If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

**Responsibilities of President, and the Agency Auditor for the Financial Statements** 

President is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan, and for such internal control as president determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error or illegal acts.

The Agency Auditor is responsible for overseeing the Agency's financial reporting process.

**Auditor's Responsibilities for the Audit of the Financial Statements** 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, or illegal acts, and to issue an auditor's report that includes our opinion. Misstatements can arise from fraud or error, or illegal acts, and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with auditing standards for incorporated administrative agencies generally accepted in Japan, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or
error, or illegal acts, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.

• Consider internal control relevant to the audit in order to design audit procedures that are appropriate in the
circumstances for our risk assessments, while the purpose of the audit of the financial statements is not expressing an opinion on the effectiveness of the Agency's internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and
related disclosures made by president.

• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures,
and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan.

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• Plan and conduct audit with adequate attention being paid to the possibility that any fraud or error, or illegal
acts, of the president, other executive officers or staff members may result in material misstatement in the financial statements.

We communicate with the Agency Auditor regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide the Agency Auditor with a statement that we have complied with the ethical requirements regarding independence that are relevant to our audit of the financial statements in Japan, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, actions taken to eliminate threats or safeguards applied to reduce threats to an acceptable level.

***Fee-related Information***

The fees for the audits of the financial statements of the Agency and other services provided by us and other EY member firms for the year ended March 31, 2025 are 54 million yen and 309 million yen, respectively.

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**Interest Required to Be Disclosed by the Certified Public Accountants Act of Japan** 

Our firm and its designated engagement partners do not have any interest in the Agency which is required to be disclosed pursuant to the provisions of the Certified Public Accountants Act of Japan.

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| |
|:---|
| Ernst & Young ShinNihon LLC |
| Tokyo, Japan |
| September 26, 2025 |
| /s/ Kenji Izawa |
| Kenji Izawa |
| Designated Engagement Partner |
| Certified Public Accountant |
| /s/ Hiroshi Nishida |
| Hiroshi Nishida |
| Designated Engagement Partner |
| Certified Public Accountant |
| /s/ Yoshiyuki Hashimoto |
| Yoshiyuki Hashimoto |
| Designated Engagement Partner |
| Certified Public Accountant |

---

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**<u>Balance Sheet</u>**

**(as of March 31, 2025)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Finance and Investment Account** |  |  |  | (Unit: Yen) |
|  Assets | Assets | Assets | Assets |  |
|  I Current assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and deposits |  | 654752168458 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans | 17606789039411 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allowance for loan losses | (227592760921) | 17379196278490 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advance payments |  | 5989262389 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prepaid expenses |  | 64880762 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accrued income |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accrued interest on loans | 38704476815 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accrued commitment charges | 99767733 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accrued interest | 540656777 | 39344901325 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accounts receivable |  | 2850308707 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Suspense payments |  | 3453557 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advances paid |  | 26777 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term guarantee deposits |  | 53350000000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives |  | 185583982 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total current assets |  |  | 18135736864447 |  |
|  II Non-current assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 Tangible assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Buildings | 4240782993 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | (1657643934) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated impairment losses | (544550453) | 2038588606 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structures | 106059536 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | (50032087) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated impairment losses | (11670468) | 44356981 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Machinery and equipment | 190104961 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | (83422200) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated impairment losses | (95071397) | 11611364 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vehicles | 621767262 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | (449277377) | 172489885 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tools, furniture, and fixtures | 466396570 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated depreciation | (264037671) | 202358899 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Land | 12703270000 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated impairment losses | (6091196973) | 6612073027 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total tangible assets |  | 9081478762 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2 Intangible assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trademark rights |  | 795494 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Software |  | 7226343327 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Software in progress |  | 6752799777 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total intangible assets |  | 13979938598 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3 Investments and other assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment securities |  | 27079085691 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares of affiliated companies |  | 72990838017 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money held in trust |  | 113011525603 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Claims probable in bankruptcy, claims probable in rehabilitation, and other | 87062884239 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allowance for loan losses | (87062884239) | 0 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term prepaid expenses |  | 176580692 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prepaid pension expenses |  | 770336983 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term guarantee deposits |  | 650340613 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total investments and other assets |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214678707599 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total non-current assets |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237740124959 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total assets |  |  |  | 18373476989406 |

---

------

**<u>Balance Sheet (Continued)</u>**

**(as of March 31, 2025)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  Liabilities |  |  |  |  |
|  I Current liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current portion of bonds |  | 30000000000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Current portion of borrowings from government fund for Fiscal Investment and Loan Program |  | 229339975000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accounts payable |  | 11031061246 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accrued expenses |  | 29345310872 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivatives |  | 26479531681 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lease obligations |  | 56902560 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposits received |  | 2053982298 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unearned revenue |  | 105746154 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provisions |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for bonuses | 445621699 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for contingent losses | 1307344767 | 1752966466 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Suspense receipts |  | 686639748 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total current liabilities |  |  | 330852116025 |  |
|  <br> II Non-current liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds |  | 1641122850000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounts on bonds payable |  | (1523622769) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Borrowings from government fund for Fiscal Investment and Loan Program |  | 5932293649000 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term lease obligations |  | 94837600 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-term deposits received |  | 8624179996 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for retirement benefits |  | 4254600713 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asset retirement obligations |  | 105542546 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total non-current liabilities |  |  | 7584972037086 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities |  |  |  | 7915824153111 |
|  <br> Net assets |  |  |  |  |
|  I Capital |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government investment |  | 8425447840510 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total capital |  |  | 8425447840510 |  |
|  <br> II Retained earnings |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reserve fund |  | 1983177949017 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unappropriated income for the current fiscal year |  | 29028436613 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Total income for the current fiscal year) |  | (29028436613) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total retained earnings |  |  | 2012206385630 |  |
|  <br> III Valuation and translation adjustments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation difference on shares of affiliated companies |  | 31206856940 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation difference on available-for-sale securities |  | 6871307653 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred gains or losses on hedges |  | (18079554438) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total valuation and translation adjustments |  |  | 19998610155 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total net assets |  |  |  | 10457652836295 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities and net assets |  |  |  | 18373476989406 |

---

------

**<u>Statement of Administrative Service Operation Cost</u>**

**(April 1, 2024–March 31, 2025)** 

**Finance and Investment Account** 

---

| | | | |
|:---|:---|:---|:---|
|  |  | | (Unit: Yen) |
| I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expenses in the statement of income |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses related to operations of cooperation through finance and investment | 161910233220 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Extraordinary losses | 50746231 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total expenses in the statement of income |  | 161960979451 |
| II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Administrative service operation cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Administrative service operation cost | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161960979451 |

---

------

**<u>Statement of Income</u>**

**(April 1, 2024–March 31, 2025)** 

**Finance and Investment Account** 

---

| | | | |
|:---|:---|:---|:---|
|  | | | (Unit: Yen) |
|  Ordinary expenses |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses related to operations of cooperation through finance and investment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest on bonds and notes | 51626817541 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest on borrowings | 38464617430 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest on interest rate swaps | 9014374485 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other interest expenses | 1774427 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operations outsourcing expenses | 19726846786 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bond issuance cost | 683684836 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on financial derivatives | 6216177656 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign exchange losses | 2866531727 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Personnel expenses | 4938526753 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for bonuses | 445621699 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement benefit expenses | 807235177 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating and administrative expenses | 18183173109 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation | 2400142958 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Taxes | 102930700 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on valuation of investment securities | 228655121 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on valuation of shares of affiliated companies | 5613093716 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expenses | (16889) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for allowance for loan losses | 590026188 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other ordinary expenses | 19800 | 161910233220 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total ordinary expenses |  |  | 161910233220 |
|  Ordinary revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenues from operations of cooperation through finance and investment |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest on loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153734114319 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest on bonds | 4052712 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends on investments | 1465411131 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest on interest rate swaps | 634411493 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commissions | 4062550710 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gain on investment in money held in trust | 6214812985 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gain on financial derivatives | 7073828866 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reversal of provision for allowance for contingent losses | 139892213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173329074429 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial revenues |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income | 8920118590 | 8920118590 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miscellaneous income |  | 2193924812 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recoveries of written-off claims |  | 6539481435 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total ordinary revenues |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190982599266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ordinary income |  |  | 29072366046 |
|  Extraordinary losses |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on disposal of non-current assets |  | 50241094 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sales of non-current assets |  | 505137 | 50746231 |
|  Extraordinary income |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gain on sales of non-current assets |  | 6816798 | 6816798 |
|  Net income |  |  | 29028436613 |
|  Total income for the current fiscal year |  |  | 29028436613 |

---

------

**<u>Statement of Changes in Net Assets</u>**

**(April 1, 2024-March 31, 2025)** 

**Finance and Investment Account** 

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | (Unit:Yen) |
|  | I Capital | I Capital | II Retained earnings (Loss carried forward) | II Retained earnings (Loss carried forward) | II Retained earnings (Loss carried forward) | II Retained earnings (Loss carried forward) |  | III Valuation and translation adjustments | III Valuation and translation adjustments | III Valuation and translation adjustments | Total net assets |
|  | Government<br>investment | Total capital | Reserve fund | <br> Unappropriated income for the<br>current fiscal year<br>(Unappropriated loss for the<br>current fiscal year)  | | Total retained earnings<br>(Loss carried forward) | Valuation difference<br>on shares of affiliated<br>companies | Valuation difference<br>on available-for-sale<br>securities | Deferred gains or<br>losses on hedges | Total valuation and<br>translation adjustments | Total net assets |
|  | Government<br>investment | Total capital | Reserve fund | <br> Unappropriated income for the<br>current fiscal year<br>(Unappropriated loss for the<br>current fiscal year)  | <br>Total income for the current<br>fiscal year (Total loss for the<br>current fiscal year) | Total retained earnings<br>(Loss carried forward) | Valuation difference<br>on shares of affiliated<br>companies | Valuation difference<br>on available-for-sale<br>securities | Deferred gains or<br>losses on hedges | Total valuation and<br>translation adjustments | Total net assets |
| &nbsp;&nbsp;&nbsp;&nbsp; Balance at the beginning of the fiscal year  | 8344117840510 | 8344117840510 | 1909691968588 | 73485980429 |  | 1983177949017 | 33285008886 | 5557590405 | (21342231132) | 17500368159 | 10344796157686 |
| &nbsp;&nbsp;&nbsp;Changes during the period |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I Changes in capital during the period |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Receipts of investment | 81330000000 | 81330000000 |  |  |  |  |  |  |  |  | 81330000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; II Changes in retained earnings (Loss carried forward) during the period |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Appropriation of income or loss |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Increase in reserve fund derived from profit appropriation |  |  | 73485980429 | (73485980429) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Others |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net income (Net loss) |  |  |  | 29028436613 | 29028436613 | 29028436613 |  |  |  |  | 29028436613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; III Changes in valuation and translation adjustments during the period |  |  |  |  |  |  | (2078151946) | 1313717248 | 3262676694 | 2498241996 | 2498241996 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total changes during the period | 81330000000 | 81330000000 | 73485980429 | (44457543816) | 29028436613 | 29028436613 | (2078151946) | 1313717248 | 3262676694 | 2498241996 | 112856678609 |
| &nbsp;&nbsp;&nbsp;&nbsp; Balance at the end of the fiscal year | 8425447840510 | 8425447840510 | 1983177949017 | 29028436613 | 29028436613 | 2012206385630 | 31206856940 | 6871307653 | (18079554438) | 19998610155 | 10457652836295 |

---

------

**<u>Statement of Cash Flows</u>**

**(April 1, 2024–March 31, 2025)** 

**Finance and Investment Account** 

---

| | | |
|:---|:---|:---|
|  | (Unit: Yen) | (Unit: Yen) |
| I. Cash flows from operating activities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for loans |  | (1795671880274) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repayments of borrowings from government fund for Fiscal Investment and Loan Program |  | (149591872000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Redemption of bonds |  | (40500000000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expenses paid |  | (92067543033) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for personnel expenses |  | (5897259556) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for other operations |  | (170658993415) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from collection of loans |  | 778497469494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from borrowings from government fund for Fiscal Investment and Loan Program |  | 1033400000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from issuance of bonds |  | 209866429724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from interest on loans |  | 144975697447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from commissions |  | 3543503004 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from other operations |  | 163541374402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal |  | 79436925793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest and dividend income received |  | 10126152615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash provided by operating activities |  | 89563078408 |
| II. Cash flows from investing activities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for purchase of non-current assets |  | (3354022151) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from sales of non-current assets |  | 66165934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for purchase of investment securities |  | (5503967794) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from sales and redemption of investment securities |  | 465243861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for increase of money held in trust |  | (23998984000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from decrease of money held in trust |  | 12929915598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments into time deposits |  | (487717934000) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from time deposit refund |  | 567413835000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for purchase of negotiable deposits | Δ | 117400000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from refund of negotiable deposits |  | 117400000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash used in investing activities |  | 60300252448 |
| III. Cash flows from financing activities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repayments of lease obligations |  | (56902560) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Receipts of government investment |  | 81330000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net cash provided by financing activities |  | 81273097440 |
| IV. Effect of exchange rate fluctuation on funds |  | (13368882492) |
| V. Net increase (decrease) in funds |  | 217767545804 |
| VI. Funds at the beginning of the fiscal year |  | 436984622654 |
| VII. Funds at the end of the fiscal year |  | 654752168458 |

---

------

**Basis of Presenting Financial Statements** 

The Japan International Cooperation Agency (the "JICA") was established in October 2003 pursuant to the Act on General Rules for Incorporated Administrative Agencies and the Act of the Incorporated Administrative Agency—Japan International Cooperation Agency. The fiscal year end of JICA is March 31.

The accompanying financial statements of JICA as of March 31, 2025 have been prepared in accordance with accounting principles for incorporated administrative agencies generally accepted in Japan. These principles differ in many respects from the application and disclosure requirements of the accounting principles for business enterprises generally accepted in Japan.

JICA's operations are separated into two accounts for accounting purposes pursuant to Article 17 of the Act of the Incorporated Administrative Agency—Japan International Cooperation Agency (the "JICA Act"): (a) a General Account, which is largely funded by management grants from the Japanese government, and (b) a Finance and Investment Account, which is funded through capital contributions and borrowings from the Japanese government, bonds issued to investors and interest and revenues generated by JICA from loans disbursed.

The financial statements are stated in Japanese yen, the currency of the country in which JICA is incorporated and operates.

**Significant Accounting Policies** 

Finance and Investment Account

**1.** **Depreciation method** 

&nbsp;&nbsp;&nbsp;&nbsp;(1) Tangible assets (except for leased assets)

Straight-line method

The useful lives of major assets are as follows:

---

| | |
|:---|:---|
| Buildings: | 2-50 years |
| Structures: | 2-46 years |
| Machinery and equipment: | 2-17 years |
| Vehicles: | 2-6 years |
| Tools, furniture, and fixtures: | 2-15 years |

---

&nbsp;&nbsp;&nbsp;&nbsp;(2) Intangible assets (except for lease assets)

Straight-line method

Software used by JICA is depreciated over its useful life (5 years).

&nbsp;&nbsp;&nbsp;&nbsp;(3) Leased assets

Leased assets are depreciated by the straight-line method over the lease term. Depreciation for leased assets is calculated with zero residual value being assigned to the asset.

**2.** **Provision for bonuses** 

The provision for bonuses is calculated and provided for based on estimated amounts of future payments attributable to the services that have been rendered by officers and employees applicable to the current fiscal year.

------

**3.** **Provision for retirement benefits** 

The provision for retirement benefits is calculated and provided for based on estimated amounts of future payments attributable to the retirement of employees. It is accrued in line with the retirement benefit obligations and estimated plan assets applicable to the current fiscal year end. If the estimated plan assets exceed the estimated retirement benefit obligations at the end of the fiscal year, the excess is recorded as the prepaid pension expenses. In calculating the retirement benefit obligations, the estimated amount of retirement benefit payments is attributed to the period based on the straight-line basis. The profit and loss appropriation method for actuarial differences and past service costs is as follows:

Actuarial differences are recognized as a lump-sum gain or loss in the fiscal year in which they occur.

Past service costs are recognized as a lump-sum gain or loss in the fiscal year in which they occur.

**4.** **Basis and standard for the accrual of allowance and loss contingencies** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Allowance for loan losses

The allowance for claims on debtors who are legally bankrupt ("Bankrupt borrowers") or substantially bankrupt ("Substantially bankrupt borrowers") is provided based on the outstanding balance of loan claims after the deductions of the amount expected to be collected through the disposal of collateral and execution of guarantees, or the same amount is written off directly. The allowance for claims on debtors who are not legally bankrupt but are likely to become bankrupt ("Potentially bankrupt borrowers") is provided based on an overall assessment of the solvency of the debtors after the deductions of the amount expected to be collected through the disposal of collateral and the execution of guarantees, or the same amount is written off directly. There were no write-offs from the above-mentioned outstanding balance of loan claims for the current fiscal year end.

The allowance for claims on debtors other than Bankrupt borrowers, Substantially bankrupt borrowers, and Potentially bankrupt borrowers is provided primarily based on the default probability, which is calculated based on the analysis of credit rating transitions during a certain period in the past. The allowance for possible losses on specific overseas loans is provided based on the expected loss amount taking into consideration the political and economic situation of these countries.

All claims are assessed initially by the operational departments (including regional departments) based on internal rules for self-assessment of asset quality and an allowance is provided based on the results of the assessments. In addition, these self-assessments results are reviewed by the internal audit department, which is independent from the operational departments.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Provision for contingent losses

Provision for contingent losses is provided to prepare for the occurrence of contingent losses for a portion of the undisbursed balance of loan commitments, which JICA is absolutely obligated to extend. The amount of the provision is estimated based on the possibility of losses in the future.

**5.** **Standard and method for the valuation of securities** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Shares of affiliated companies

Shares of affiliated companies are recognized at an amount equivalent to JICA's percentage share of the net assets of such companies based upon the most recent financial statements.

If the acquisition cost based on the moving average method exceeds the fair value, the difference between the acquisition cost and the fair value is treated as a loss for the fiscal year and recorded in Statement of Income. If the fair value exceeds the acquisition cost based on the moving average method, the difference between the acquisition cost and the fair value is included directly in Net assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Other investment securities

[1] Securities whose fair value can be readily determined

Such investment securities are stated at fair value with changes in net unrealized gains or losses included directly in Valuation and translation adjustments of Net assets. Cost of securities sold is determined by using the moving average method.

[2] Securities whose fair value cannot be readily determined

Such investment securities are carried at cost based on the moving average method. Cost of securities sold is determined by using the moving average method.

Investments in limited partnerships and other similar partnerships, which are regarded as securities under Article 2, Clause 2 of the Japanese Financial Instruments and Exchange Law, Act No. 25 of 1948, are recognized at an amount equivalent to JICA's percentage share of the net assets of such partnerships, based upon the most recent financial statements available depending on the report date stipulated in the partnership agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Securities held as trust assets in money-held-in trust account

The securities are valued in the same way as (2) above.

**6.** **Standard and method for the valuation of derivative transactions** 

All derivative financial instruments are carried at fair value.

**7.** **Method for amortization of discount on bonds payable** 

Discount on bonds payable is amortized over the duration of the bonds.

**8.** **Translation standard for foreign currency-denominated assets and liabilities into yen** 

Foreign currency monetary claims and liabilities are translated into Japanese yen mainly at the spot exchange rate at the balance sheet date. Exchange differences are recognized in profit or loss.

------

**9.** **Method of hedge accounting** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Method of hedge accounting

Interest rate swaps are accounted for using the deferral hedge accounting method or the exceptional accrual method. Currency swaps are accounted for by using the assignment method.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Hedging instruments and hedged items

[1] Hedging instruments...Interest rate swaps

Hedged items...Loans and foreign currency bonds

[2] Hedging instruments...Currency swaps

Hedged items...Foreign currency loans and foreign currency bonds

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Hedging policy

JICA enters into interest rate swaps or currency swaps for the purpose of hedging interest rate or currency fluctuation risks.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Method of evaluation of hedge effectiveness

Hedges that offset market fluctuations of loans are assessed based on discrepancies with regard to maturity and notional principal together with other factors between hedged loans and hedging instruments.

As for interest rate swaps that satisfy the requirements of the exceptional accrual method and currency swaps that satisfy the requirements of the assignment method, JICA is not required to periodically evaluate hedge effectiveness.

**10.** **Accounting treatment for consumption taxes** 

Consumption taxes and local consumption taxes are included in transaction amounts.

------

**Notes to the financial statements** 

**Finance and Investment Account** 

**(Balance Sheet)** 

1. Joint obligations

JICA is jointly liable for obligations arising from the following bonds issued by the former Japan Bank for International Cooperation which was succeeded by the Japan Bank for International Cooperation:

Fiscal Investment and Loan Program (FILP) Agency Bonds ¥ 20,000,000,000

2. Financial assets received as collateral

The fair value of financial assets received as collateral at JICA's disposal was ¥13,944,130,195.

3. Undisbursed balance of loan commitments

Most of JICA's loans are long-term loans. Ordinarily, when receiving a request for disbursement of a loan from a borrower, corresponding to the intended use of funds as stipulated by the loan agreement, and upon confirming the fulfillment of conditions prescribed under the loan agreement, JICA promises to loan a certain amount of funds within a certain range of the amount required by the borrower, with an outstanding balance within the limit of loan commitments. The undisbursed balance of loan commitments as of March 31, 2025 was ¥7,282,189,843,952.

4. Impairment of Fixed Assets

Fixed assets for which indications of impairment have been identified.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Overview of the Purpose, Type, Location, and Book Value of Fixed Assets with indications of impairment.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;Asset Name | Purpose | Location | Type | Book Value |
| &nbsp;&nbsp;&nbsp; Sudan Office | Overseas Office | Khartoum, Republic<br>of Sudan | Building | 2709047 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Overview of recognized indications of impairment

Due to the ongoing military conflicts in Sudan, the staff at the Sudan office have evacuated, and the office lease contract has been temporarily terminated. Consequently, indications of impairment have been recognized for tangible fixed assets located in Sudan as of the balance sheet date, notwithstanding the possibility of reopening the office in the same facility once the situation improves.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Basis for recognizing multiple fixed assets as a single unit for determining the presence of indications of impairment

------

Fixed assets with recognized indications of impairment are considered to provide services as a single unit because they fulfill their intended functions as building, including internal construction, electrical equipment, air conditioning, security equipment, and other facilities.

(4) Basis for Unrecognizing Impairment

Impairment is not recognized because there is a prospect of resuming the use of these assets if the local security situation improves.

**(Statement of Administrative Service Operation Cost)** 

1. Cost being borne by the public for the operation of Incorporated Administrative Agency

---

| | |
|:---|:---|
|  Administrative service operation cost | ¥161960979451 |
|  Self-revenues, etc. | ¥(190989416064) |
|  Opportunity cost | ¥124517833416 |
|  Cost being borne by the public for<br> the operation of Incorporated Administrative Agency | ¥95489396803 |

---

2. Method for computing opportunity cost

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Interest rate used to compute opportunity cost concerning government investment

1.485% with reference to the yield of 10-year fixed-rate Japanese government bonds at March 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Method for computing opportunity cost for public officers temporarily transferred to JICA Of the estimated
increase in retirement allowance during service rendered in JICA, costs are calculated in accordance with JICA's internal rules.

**(Statement of Cash Flows)** 

The funds shown in the statement of cash flows are deposit accounts and checking accounts.

Breakdown of balance sheet items and ending balance of funds

(as of March 31, 2025)

---

| | |
|:---|:---|
|  Cash and deposits | ¥654,752,168,458 |
|  Time deposits | ¥0 |
|  Ending balance of funds | ¥654,752,168,458 |

---

**(Financial instruments)** 

1. Status of financial instruments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Policy regarding financial instruments

The Finance and Investment Account undertakes financial cooperation operations by providing debt and equity financing. In undertaking these operations, it raises funds by borrowing from the Japanese Government under the FILP, borrowing from financial institutions, issuing bonds, and receiving capital investment from the Japanese Government. From the perspective of asset-liability management (ALM), derivative transactions are entered so as to mitigate the adverse impact caused by interest rate and foreign exchange fluctuations.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Details of financial instruments and related risks

The financial assets held in the Finance and Investment Account are loans mainly to the Developing Area and are exposed to credit risk attributed to defaults by its borrowers, interest rate risk and foreign exchange risk. Securities, investment securities, shares of affiliated companies and money held in trust are held for policy-oriented purposes, and are exposed to credit risk of issuers and others, interest rate risk, and market price volatility risk.

The financial liabilities held under the Finance and Investment account mainly consist of borrowings and bonds, and are exposed to interest rate and exchange rate fluctuation risks as well as liquidity risks. Liquidity risk refers to the risk of incurring losses when it becomes difficult to secure necessary funds due to mismatches between investment and procurement periods, unexpected delays in collection, or increases in expenditures, as well as when market disruptions prevent access to the market.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Risk management system for financial instruments

[1] Credit risk management

The Finance and Investment Account has established and operates a system for credit management. This system encompasses credit appraisal, credit limit setting, credit information monitoring, internal rating, guarantee and collateral setting, problem loan management, etc., in accordance with integrated risk management rules and various credit risk-monitoring rules. This credit management is carried out by the operational departments (including region department), in addition to the Credit Risk Analysis and Environmental Review Department and General Affairs Department. Additionally, the Risk Management Committee of the Finance and Investment Account and Board Meeting convene on a regular basis for the purpose of deliberating or reporting. Moreover, the Office of Audit monitors the status of credit management.

The credit risks of issuers of investment securities are monitored by the Sales related department, which regularly confirms their credit information, etc.

Counterparty risk in derivative transactions is monitored by regularly confirming the exposure and credit standing of counterparties and by securing collateral as necessary.

[2] Market risk management

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Interest rate risk management

Loan interest rates are determined in accordance with the methods prescribed by laws or statements of operational procedures. The interest rates for borrowings and bonds are determined based on market interest rates. Due to the potential adverse impact of interest rate fluctuations, we conduct comprehensive management of assets and liabilities (ALM). Interest rate swap transactions are conducted to hedge against the risk of interest rate fluctuations in light of their possible adverse impact.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Foreign exchange risk management

Foreign currency claims and liabilities are exposed to foreign exchange fluctuation risk; as such, foreign currency claims are funded by foreign currency liabilities, and currency swaps and other approaches are employed to avert or reduce foreign exchange risk. Additionally, foreign currency-denominated securities are exposed to exchange rate fluctuation risks, and we manage these risks by monitoring the exchange rate fluctuations of the relevant currencies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Price volatility risk management

Stocks and other securities are held for policy promotion objectives and other purposes, and are monitored for changes in value affected by the market environment or financial condition of the companies, exchange rates, and other factors.

This information is reported on a regular basis to the Risk Management Committee of the Finance and Investment Account and Board Meeting.

[3] Liquidity risk management related to fund raising

The Finance and Investment Account prepares a funding plan and executes fund raising based on the government-affiliated agencies' budgets, as resolved by the National Diet of Japan.

[4] Derivative transaction management

Pursuant to rules concerning swaps, derivative transactions are implemented and managed by separating the sections related to execution of transactions, verification of hedge effectiveness, and logistics management based on a mechanism with an established internal system of checks and balances.

------

2. Fair value of financial instruments

Balance sheet amounts, fair values, and differences at the balance sheet date are as follows. Financial instruments without market prices are excluded from the table below (See (Note)).

(Unit: Yen)

---

| | | | |
|:---|:---|:---|:---|
|  | Balance sheet amount\*1 | Fair value\*1 | Difference |
| &nbsp;&nbsp;&nbsp; (1) Loans | 17606789039411 |  |  |
| &nbsp;&nbsp;&nbsp;Allowance for loan losses | (227592760921) |  |  |
|  | 17379196278490 | 14775252512108 | (2603943766382) |
| &nbsp;&nbsp;&nbsp; (2) Claims probable in bankruptcy, claims probable in rehabilitation, and others | 87062884239 |  |  |
| &nbsp;&nbsp;&nbsp;Allowance for loan losses | (87062884239) |  |  |
|  | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp; (3) Borrowings from government fund for FILP (including current portion of borrowings) | (6161633624000) | (5621423494894) | (540210129106) |
| &nbsp;&nbsp;&nbsp; (4) Bonds (including current portion of bonds) | (1671122850000) | (1616185623842) | (54937226158) |
| &nbsp;&nbsp;&nbsp; (5) Derivative transactions\*2 |  |  |  |
| &nbsp;&nbsp;&nbsp;Derivative transactions not qualifying for hedge accounting | (25896498105) | (25896498105) | 0 |
| &nbsp;&nbsp;&nbsp;Derivative transactions qualifying for hedge accounting\*3 | (397449594) | (397449594) | 0 |
|  | (26293947699) | (26293947699) | 0 |

---

\*1 Liabilities are shown in parentheses ().

\*2 Derivatives transactions recorded in Assets and Liabilities are netted, these derivatives after netting are presented above. The figures in parentheses () indicate net liabilities.

\*3 Interest rate swaps and other derivatives designated as hedging instruments to offset market fluctuations in the hedged items, specifically loans. Deferral hedge accounting is applied to such derivative transactions. JICA has adopted the "Practical Solution on the Treatment of Hedge Accounting for Financial Instruments Referencing LIBOR" (Accounting Standards Board of Japan Practical Issues Task Force No. 40, March 17, 2022) to these hedging relationships.

(Note) The following are the balance sheet amounts of the financial instruments without market prices. They are not included in the fair value information of financial instruments.

---

| | |
|:---|:---|
| | (Unit: Yen) |
|  | Balance sheet amount |
| &nbsp;&nbsp;&nbsp; Investment securities | 27079085691 |
| &nbsp;&nbsp;&nbsp; Shares of affiliated companies | 72990838017 |
| &nbsp;&nbsp;&nbsp; Money held in trust | 113011525603 |

---

\* Based on paragraph 5 of the "Implementation Guidance on Disclosures about Fair Value of Financial Instruments" (ASBJ Guidance No.19 issued on March 31, 2020), fair values are not

------

presented for unlisted stocks. Based on paragraph 24-16 of the "Implementation Guidance on Disclosures about Fair Value of Financial Instruments" (ASBJ Guidance No.31 issued June 17, 2021), fair values are not presented for partnership investments.

\*In the current fiscal year, we have recognized an impairment loss of ¥271,994,590 on investment securities.

3. Breakdown of the fair value of financial instruments by level and other relevant matters

The fair value of financial instruments is classified into the following three levels according to the observability and significance of the inputs used in fair value measurements.

Level 1 fair value: Of observable inputs for the fair value determination, fair value is determined based on a quoted price formed in an active market for assets or liabilities that are subject to the fair value determination.

Level 2 fair value: Of observable inputs for the fair value, fair value is determined based on inputs for the fair value determination other than those used to determine the level 1 fair value.

Level 3 fair value: Fair value is determined using unobservable inputs for the fair value determination.

In cases where multiple inputs which have a material effect on the calculation of the fair value are used, among the levels to which the respective inputs belong, the fair value is categorized at the level with the lowest priority in the fair value calculation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Financial instruments recorded at fair value in the balance sheet

(Unit: Yen)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Fair Value | Fair Value | Fair Value | Fair Value |
|  | Level 1 | Level 2 | Level 3 | Total |
| &nbsp;&nbsp; Derivative transactions\* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Derivative transactions not qualifying for hedge accounting |  | (25896498105) |  | (25896498105) |
| &nbsp;&nbsp;&nbsp;&nbsp; Derivative transactions qualifying for hedge accounting |  | (397449594) |  | (397449594) |
| &nbsp;&nbsp;&nbsp;Total derivative transactions |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26293947699) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(26293947699) |

---

\* Derivative transactions recorded in Assets and Liabilities are netted, these derivatives after netting are presented above. The figures in parentheses () indicate net liabilities.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Financial instruments other than financial instruments recorded at fair value in the balance sheet

(Unit: Yen)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Fair Value | Fair Value | Fair Value | Fair Value |
|  | Level 1 | Level 2 | Level 3 | Total |
| &nbsp;&nbsp; Loans |  |  | 14775252512108 | 14775252512108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets |  |  | 14775252512108 | 14775252512108 |
| &nbsp;&nbsp;&nbsp;Borrowings from government fund for FILP (including current portion of borrowings) |  | 5621423494894 |  | 5621423494894 |
| &nbsp;&nbsp;&nbsp;Bonds (including current portion of bonds) |  | 1616185623842 |  | 1616185623842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities |  | 7237609118736 |  | 7237609118736 |

---

(Note 1) Description of the valuation techniques and inputs used in the fair value measurement

<u>Assets</u>

Loans

The fair values of loans with floating interest rates are measured at their book values, as policy interest rates (bank rates) are immediately reflected in their floating interest rates, and therefore, fair value approximates book value. On the other hand, fair values of loans with fixed interest rates are measured by discounting the total amount of the principal and interest with a rate that combines a risk-free rate with the respective borrowers' credit risk. This fair value is classified into Level 3 because the effects of unobservable inputs on the fair value are considered to be material. As for hedged loans for which the assignment method is applied, the fair value of such currency swaps is applied.

Claims probable in bankruptcy, claims probable in rehabilitation, and other Regarding claims probable in bankruptcy, claims probable in rehabilitation, and other, the estimated uncollectible amount is measured based on the expected recoverable amount through collateral and guarantees. Therefore, fair value approximates the balance sheet amount on the closing date, less the current estimated uncollectible amount, and hence is measured accordingly. This fair value is classified into Level 3 because the effects of unobservable inputs on the fair value are considered to be material.

<u>Liabilities</u>

Bonds (including current portion of bonds)

------

The fair value of bonds (including current portion of bonds) is determined by observable market prices, if available. For bonds without market observable prices, the fair values are measured by discounting the total amount of the principal and interest at the risk-free rate. Since unobservable inputs are not used, this fair value is classified into Level 2. As for hedged bonds for which the exceptional accrual method and assignment method are applied, the fair value of such interest rate swaps and currency swaps is applied.

Borrowings from government fund for FILP (including current portion of borrowings)

The fair value of borrowings from government fund for FILP (including current portion of borrowings) is measured by discounting the total amount of principal and interest with interest rates expected to be applied to new borrowings for the same total amount. Since unobservable inputs are not used, this fair value is classified into Level 2.

Derivative transactions

Derivative transactions are interest rate swap transactions and currency swap transactions, and fair values are based on discounted present values. Interest rate swaps for which the exceptional accrual method is applied and currency swaps for which the assignment method is applied are accounted for together with the corresponding loan or bond. The fair value of these hedging instruments is included in the fair value of the underlying loans or bonds. Since unobservable inputs are not used, this fair value is classified into Level 2.

(Note 2) Information on the fair value of Level 3 financial instruments recorded at fair value in the balance sheet

Not applicable

**(Money held in trust)** 

1. Money held in trust for the purpose of investment

Not applicable.

2. Money held in trust for the purpose of investment and held-to-maturity

Not applicable.

3. Other (other than for the purpose of investment and held-to-maturity)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | (Unit: Yen) |
|  | Balance sheet <br>amount | Acquisition <br>cost | Difference | The amount <br> by which the <br>balance sheet amount <br>exceeds the acquisition <br>cost  | The amount by which <br>the balance sheet <br> amount does not <br>exceed the <br> acquisition cost  |
| &nbsp;&nbsp;&nbsp; Money held in trust for others | 113011525603 | 92189969693 | 20821555910 | 20821555910 |  |

---

------

(Note) "The amount by which the balance sheet amount exceeds the acquisition cost" and "The amount by which the balance sheet amount does not exceed the acquisition cost" are the breakdown of "Difference".

**(Retirement benefits)** 

1. Overview of retirement benefit plans

To provide retirement benefits for employees, JICA has a defined benefit pension plan comprised of a defined benefit corporate pension plan and a lump-sum severance indemnity plan, and a defined contribution plan comprised of a defined contribution pension plan.

2. Defined benefit pension plan

&nbsp;&nbsp;&nbsp;&nbsp;(1) The changes in the retirement benefit obligation are as follows:

---

| | |
|:---|:---|
|  | (Unit: Yen) |
|  Retirement benefit obligation at the beginning of the fiscal year | 6625127623 |
|  Current service cost | 299327173 |
|  Interest cost | 60257788 |
|  Actuarial differences | 512178797 |
|  Retirement benefit paid | (531684780) |
|  Past service cost | 0 |
| Contribution by employees | 18274043 |
|  Retirement benefit obligation at the end of the fiscal year | 6983480644 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(2) The changes in the plan assets are as follows:

---

| | |
|:---|:---|
|  | (Unit: Yen) |
|  Plan assets at the beginning of the fiscal year | 3404044284 |
|  Expected return on plan assets | 71040924 |
|  Actuarial differences | 7500181 |
|  Contribution by JICA | 122991654 |
|  Retirement benefit paid | (124634172) |
| Contribution by employees | 18274043 |
|  Plan assets at the end of the fiscal year | 3499216914 |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;(3) Reconciliation of the retirement benefit obligations and plan assets and provision for retirement benefits and
prepaid pension expenses in the balance sheet

---

| | |
|:---|:---|
|  | (Unit: Yen) |
|  Funded retirement benefit obligation | 2728879931 |
|  Plan assets | (3499216914) |
|  Unfunded benefit obligations of funded pension plan | (770336983) |
|  Unfunded benefit obligations of unfunded pension plan | 4254600713 |
|  Subtotal | 3484263730 |
|  Unrecognized actuarial differences | 0 |
|  Unrecognized past service cost | 0 |
|  Net amount of assets and liabilities in the balance sheet | 3484263730 |
|  Provision for retirement benefits | 4254600713 |
|  Prepaid pension expenses | 770336983 |
|  Net amount of assets and liabilities in the balance sheet | 3484263730 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(4) Components of retirement benefit expenses

---

| | |
|:---|:---|
|  | (Unit: Yen) |
|  Current service cost | 299327173 |
|  Interest cost | 60257788 |
|  Expected return on plan assets | (71040924) |
|  Realized actuarial differences | 504678616 |
|  Amortization of past service cost | 0 |
|  Extraordinary additional retirement payments | 0 |
|  Total | 793222653 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(5) Major components of plan assets

Percentages of components to the total are as follows:

---

| | |
|:---|:---|
|  Bonds | 47% |
|  Stocks | 41% |
|  General account of life insurance company | 4% |
|  Others | 8% |
|  Total | 100% |

---

&nbsp;&nbsp;&nbsp;&nbsp;(6) Method of determining the long-term expected rate of return on plan assets

The long-term expected rate of return on plan assets is determined based on components of plan assets, the actual historical returns, and market condition, etc.

&nbsp;&nbsp;&nbsp;&nbsp;(7) Assumptions used

Principal assumptions used in actuarial calculations at the end of the fiscal year

---

| | | |
|:---|:---|:---|
|  Discount rate  | Defined benefit corporate pension plan | 1.07% |
|  | Retirement benefits | 0.74% |
|  Long-term expected rate of return on plan assets | Long-term expected rate of return on plan assets | 2.00% |

---

3. Defined contribution plan

The amount of contribution required to be made to the defined contribution plan is ¥14,012,524.

------

**(Lease transactions)** 

Remaining lease payments for operating lease

---

| | | |
|:---|:---|:---|
| Remaining lease payments for the lease period within one year after the balance sheet date: | ¥ | 6669222 |
| Remaining lease payments for the lease period exceeding one year after the balance sheet date: | ¥ | 738040 |

---

**(Asset retirement obligations)** 

1. Overview of asset retirement obligations

In accordance with a building lease agreement, JICA has the obligation to restore the head office building to its original state. Restoration costs are reasonably estimated and recognized as asset retirement obligations.

2. Amount and calculation method of asset retirement obligations

The estimate for the asset retirement obligations assumes a five-year lease period for the projected period of use and a discount rate between (0.048)% and 0.529%.

3. Changes in the total amount of asset retirement obligations

---

| | |
|:---|:---|
| | (Unit: Yen) |
| &nbsp;&nbsp; Balance at the beginning of the fiscal year | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105559435 |
| &nbsp;&nbsp; Increase related to acquisition of tangible assets |  |
| &nbsp;&nbsp; Adjustment resulting from passage of time | (16889) |
| &nbsp;&nbsp; Decrease due to settlement of asset retirement obligations |  |
| &nbsp;&nbsp; Balance at the end of the fiscal year | 105542546 |

---

**(Significant accounting estimates)** 

The items for which amounts have been recorded in the financial statements for the current fiscal year based on accounting estimates and which may have a significant impact on the financial statements for the following fiscal year are as follows.

1. Allowance for loan losses and Provision for contingent losses

Loans are major assets on JICA's financial statement. Thus, Allowance for loan losses and Provision for contingent losses have a significant impact on JICA's financial condition and JICA considers them as significant accounting estimates.

(1) Amount recorded in the financial statements

---

| | |
|:---|:---|
| | (Unit: Yen) |
| &nbsp;&nbsp; Allowance for loan losses | 314655645160 |
| &nbsp;&nbsp; Provision for contingent losses | 1307344767 |

---

------

(2) Information about the nature of significant accounting estimates for the identified items

[1] Calculation method

The calculation method of the Allowance for loan losses and Provision for contingent losses is described in "Significant Accounting Policies 4. Basis and standard for the accrual of allowance and loss contingencies" in the financial statements.

In the course of operations of finance and investment cooperation, JICA is exposed to various risks such as credit risk, market risk, liquidity risk, and operational risk, and JICA may incur losses due to these risks. To address the credit risk, the risk of JICA incurring loss arising from a reduction in, or diminishment of, asset value attributable to a deterioration in debtors' financial condition and for other reasons, JICA calculates an expected loss amount and records it as Allowance for loan losses and Provision for contingent losses. JICA engages in significant financial cooperation operations with overseas governments and governmental institutions, and therefore, sovereign risk is a relatively significant part of the credit risk that JICA is exposed to in connection with these operations.

Allowance for loan losses and Provision for contingent losses is calculated in accordance with JICA's internal rules for self-assessment of asset quality and internally established standards.

The calculation process includes the determination of the debtors' classification based on the evaluation of debtors' solvency in consideration of their financial condition, future prospects, and other relevant factors.

[2] Key Assumptions

Key assumptions are the debtors' future prospects for their financial condition and the balance of international payment used in the determination of the debtors' classification. Therefore, JICA's estimation and judgment are reassessed and modified whenever the debtors' political situations and economic conditions change, or new information becomes available.

In this fiscal year, JICA takes into account in its assessment the following factors as well as the outlooks announced by the International Monetary Fund (IMF): The impact of policy changes accompanying the change in US administration on the global economy, resource prices, and the international financial environment, geopolitical risk such as the conflicts in Ukraine and middle east, and changes in the international financial environment.

[3] Impact on the financial statements for the following fiscal year

It is expected that the global environment will remain highly uncertain due to trends and their impacts on geopolitical risks, changes in the international financial environment, and changes in the political and economic circumstances surrounding the debtors. However, Allowance for loan losses and Provision for contingent losses are currently provided based on the assumption that the level of the credit risk of outstanding loans and other investments as of March 31, 2025, will be the same as the historical level for the near future.

Accordingly, if the debtors' financial condition and the balance of international payments change beyond current expectations over the medium to long term, they may have a significant impact on Allowance for loan losses and Provision for contingent losses in the financial statements for the following fiscal year.

**(Additional Information)** 

Under the framework of the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative, Somalia's debt relief was confirmed at the Paris Club meeting in March 2024, having met the necessary conditions.

------

Subsequently, in November of the same year, a letter was signed and exchanged between the Somali government and the Japanese government to cancel Somalia's yen loan debt. As a result, in the current fiscal year, we have written off ¥14,759,654,381 (including ¥6,468,141,621 of principal) in claims against Somalia.

This debt write-off is based on the "Review of Debt Relief Methods" (announced by the Japanese government on December 10, 2002) and was undertaken as part of the transfer of rights and obligations from the former Japan Bank for International Cooperation on October 1, 2008. It was recognized that public debt reduction measures would be implemented, and the claims were inherited as having no asset value. Therefore, the debt write-off has no impact on profit and loss.

Information related to this yen loan debt write-off is noted under the Japanese government's disclosure policy for yen loan debt write-offs.

**(Significant contractual liabilities)** 

The amount of Significant contractual liabilities scheduled for payment in the following fiscal year is ¥1,556,280,000.

**(Significant subsequent events)** 

Not applicable

------

**The Accompanying Supplementary Schedules** 

**Finance and Investment Account** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Details of acquisition and disposal of non-current assets, depreciation, and accumulated impairment losses

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | | | (Unit : Yen  |
| &nbsp;&nbsp;&nbsp;Type | &nbsp;&nbsp;&nbsp;Type | Balance at the<br> beginning of the<br> period | Increase during<br> the period | Decrease<br> during the<br> period | Balance at the<br> end of the<br> period | <br> Accumulated depreciation | <br> Accumulated depreciation | <br> Accumulated impairment losses | <br> Accumulated impairment losses | Net assets at the<br> end of the<br> period | Remarks |
| &nbsp;&nbsp;&nbsp;Type | &nbsp;&nbsp;&nbsp;Type | Balance at the<br> beginning of the<br> period | Increase during<br> the period | Decrease<br> during the<br> period | Balance at the<br> end of the<br> period |  | Depreciation<br> during the<br> period |  | Impairment<br>losses during<br>the period | Net assets at the<br> end of the<br> period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp; Tangible assets <br> (Depreciation <br> included in <br> expenses)  | <br> Buildings<br>| 4224610737 | 97567983 | 81395727 | 4240782993 | 1657643934 | 132337950 | 544550453 | 0 | 2038588606 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Tangible assets <br> (Depreciation <br> included in <br> expenses)  | <br> Structures<br>| 98675736 | 11498621 | 4114821 | 106059536 | 50032087 | 4568396 | 11670468 | 0 | 44356981 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Tangible assets <br> (Depreciation <br> included in <br> expenses)  | <br> Machinery and equipment<br>| 190265818 | 1386732 | 1547589 | 190104961 | 83422200 | 1816349 | 95071397 | 0 | 11611364 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Tangible assets <br> (Depreciation <br> included in <br> expenses)  | <br> Vehicles<br>| 618464788 | 41801841 | 38499367 | 621767262 | 449277377 | 49828795 | 0 | 0 | 172489885 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Tangible assets <br> (Depreciation <br> included in <br> expenses)  | <br> Tools, furniture, and fixtures<br>| 531990918 | 6551974 | 72146322 | 466396570 | 264037671 | 72979971 | 0 | 0 | 202358899 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Tangible assets <br> (Depreciation <br> included in <br> expenses)  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Total<br>| 5664007997 | 158807151 | 197703826 | 5625111322 | 2504413269 | 261531461 | 651292318 | 0 | 2469405735 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Tangible assets <br> (Non-depreciable <br> assets)  | <br> Land<br>| 12703270000 | 0 | 0 | 12703270000 | 0 | 0 | 6091196973 | 0 | 6612073027 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Tangible assets <br> (Non-depreciable <br> assets)  | <br> Construction in progress<br>| 10155200 | 19977106 | 30132306 | 0 | 0 | 0 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Tangible assets <br> (Non-depreciable <br> assets)  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Total<br>| 12713425200 | 19977106 | 30132306 | 12703270000 | 0 | 0 | 6091196973 | 0 | 6612073027 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total tangible <br> assets  | <br> Buildings<br>| 4224610737 | 97567983 | 81395727 | 4240782993 | 1657643934 | 132337950 | 544550453 | 0 | 2038588606 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total tangible <br> assets  | <br> Structures<br>| 98675736 | 11498621 | 4114821 | 106059536 | 50032087 | 4568396 | 11670468 | 0 | 44356981 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total tangible <br> assets  | <br> Machinery and equipment<br>| 190265818 | 1386732 | 1547589 | 190104961 | 83422200 | 1816349 | 95071397 | 0 | 11611364 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total tangible <br> assets  | <br> Vehicles<br>| 618464788 | 41801841 | 38499367 | 621767262 | 449277377 | 49828795 | 0 | 0 | 172489885 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total tangible <br> assets  | <br> Tools, furniture, and fixtures<br>| 531990918 | 6551974 | 72146322 | 466396570 | 264037671 | 72979971 | 0 | 0 | 202358899 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total tangible <br> assets  | <br> Land<br>| 12703270000 | 0 | 0 | 12703270000 | 0 | 0 | 6091196973 | 0 | 6612073027 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total tangible <br> assets  | <br> Construction in progress<br>| 10155200 | 19977106 | 30132306 | 0 | 0 | 0 | 0 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total tangible <br> assets  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Total<br>| 18377433197 | 178784257 | 227836132 | 18328381322 | 2504413269 | 261531461 | 6742489291 | 0 | 9081478762 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Intangible assets <br> (Depreciation <br> included in <br> expenses)  | <br> Trademark rights<br>| 1816081 | 0 | 0 | 1816081 | 1020587 | 108477 | 0 | 0 | 795494 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Intangible assets <br> (Depreciation <br> included in <br> expenses)  | <br> Software<br>| 16888538093 | 625379104 | 11580006 | 17502337191 | 10275993864 | 2138503020 | 0 | 0 | 7226343327 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Intangible assets <br> (Depreciation <br> included in <br> expenses)  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Total<br>| 16890354174 | 625379104 | 11580006 | 17504153272 | 10277014451 | 2138611497 | 0 | 0 | 7227138821 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Intangible assets <br> (Non-depreciable <br> assets)  | <br> Software in progress<br>| 4172696846 | 3030163549 | 450060618 | 6752799777 | 0 | 0 | 0 | 0 | 6752799777 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Intangible assets <br> (Non-depreciable <br> assets)  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Total<br>| 4172696846 | 3030163549 | 450060618 | 6752799777 | 0 | 0 | 0 | 0 | 6752799777 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total intangible <br> assets  | <br> Trademark rights<br>| 1816081 | 0 | 0 | 1816081 | 1020587 | 108477 | 0 | 0 | 795494 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total intangible <br> assets  | <br> Software<br>| 16888538093 | 625379104 | 11580006 | 17502337191 | 10275993864 | 2138503020 | 0 | 0 | 7226343327 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total intangible <br> assets  | <br> Software in progress<br>| 4172696846 | 3030163549 | 450060618 | 6752799777 | 0 | 0 | 0 | 0 | 6752799777 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total intangible <br> assets  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Total<br>| 21063051020 | 3655542653 | 461640624 | 24256953049 | 10277014451 | 2138611497 | 0 | 0 | 13979938598 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments and <br> other assets  | <br> Investment securities<br>| 22785666431 | 5469152956 | 1175733696 | 27079085691 | 0 | 0 | 0 | 0 | 27079085691 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments and <br> other assets  | <br> Shares of affiliated companies<br>| 80682083679 | 0 | 7691245662 | 72990838017 | 0 | 0 | 0 | 0 | 72990838017 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments and <br> other assets  | <br> Money held in trust<br>| 93853332197 | 23998984000 | 4840790594 | 113011525603 | 0 | 0 | 0 | 0 | 113011525603 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments and <br> other assets  | <br> Claims probable in bankruptcy, claims probable in rehabilitation, and other | 87062884239 | 0 | 0 | 87062884239 | 0 | 0 | 0 | 0 | 87062884239 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments and <br> other assets  | <br> Allowance for loan losses<br>| (87062884239) | 0 | 0 | (87062884239) | 0 | 0 | 0 | 0 | (87062884239) |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments and <br> other assets  | <br> Long-term prepaid expenses<br>| 119462895 | 114151891 | 57034094 | 176580692 | 0 | 0 | 0 | 0 | 176580692 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments and <br> other assets  | <br> Prepaid pension expenses<br>| 761285908 | 52024049 | 42972974 | 770336983 | 0 | 0 | 0 | 0 | 770336983 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments and <br> other assets  | <br> Long-term guarantee deposits<br>| 704087405 | 16654864 | 70401656 | 650340613 | 0 | 0 | 0 | 0 | 650340613 |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Investments and <br> other assets  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Total<br>| 198905918515 | 29650967760 | 13878178676 | 214678707599 | 0 | 0 | 0 | 0 | 214678707599 |  |

---

------

(2) Details of securities

**Securities recorded under investments and other assets** 

(Unit: Yen)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Name | Acquisition<br> cost | <br> Amount equivalent to<br>JICA's percentage<br>share of the net assets<br>of the affiliated<br>companies | Balance sheet<br> amount | <br> Valuation difference<br>recognized in the<br>Statement of Income<br>of the period | Valuation difference<br>on shares of<br>affiliated companies | Remarks<br>|
| &nbsp;&nbsp;&nbsp; Shares of <br> affiliated <br> companies  | <br> Sumatra Pulp Corporation<br>| 2758289455 | 1 | 1 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp; Shares of <br> affiliated <br> companies  | <br> Japan Saudi Arabia Methanol Co., Inc.<br>| 7149297104 | 21290024319 | 21290024319 | 0 | 14140727215 |  |
| &nbsp;&nbsp;&nbsp; Shares of <br> affiliated <br> companies  | <br> SPDC Ltd.<br>| 7269880619 | 21660538641 | 21660538641 | 0 | 14390658022 |  |
| &nbsp;&nbsp;&nbsp; Shares of <br> affiliated <br> companies  | <br> KAFCO Japan Investment Co., Ltd.<br>| 2436204983 | 2575135006 | 2575135006 | 0 | 138930023 |  |
| &nbsp;&nbsp;&nbsp; Shares of <br> affiliated <br> companies  | <br> Nippon Amazon Aluminum Co., Ltd.<br>| 25066535300 | 18073827058 | 18073827058 | (5477315587) | 0 |  |
| &nbsp;&nbsp;&nbsp; Shares of <br> affiliated <br> companies  | <br> JAPAN ASEAN Women Empowerment Fund<br>| 6454158320 | 8990700000 | 8990700000 | 0 | 2536541680 |  |
| &nbsp;&nbsp;&nbsp; Shares of <br> affiliated <br> companies  | <br> Ship Aichi Medical Service Limited<br>| 748809600 | 400612992 | 400612992 | (135778129) | 0 |  |
| &nbsp;&nbsp;&nbsp; Shares of <br> affiliated <br> companies  | <br> Total<br>| 51883175381 | 72990838017 | 72990838017 | (5613093716) | 31206856940 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Type and name | Acquisition<br>cost | Fair value | Balance sheet<br>amount | <br> Valuation difference<br>recognized in the<br>Statement of Income<br>of the period<br>| <br> Valuation<br>difference on<br>available-for-sale<br>securities<br>| Remarks |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> HBL Microfinance Bank Limited<br>| 218880000 | - | 128392800 | 0 | (90487200) |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Myanmar Japan Thilawa Development Ltd.<br>| 321372900 | - | 404581500 | 0 | 83208600 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Gojo & Company, Inc.<br>| 999997307 | - | 999997307 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> WASSHA Inc.<br>| 29203406 | - | 29203406 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Sanergy, Inc. | 299019177 | - | 28458279 | (271994590) | 1433692 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Bangladesh SEZ Ltd.<br>| 406778359 | - | 447402750 | 0 | 40624391 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> DRCONSULTA LTD.<br>| 1270385680 | - | 1348604661 | 0 | 78218981 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Light Rail Transit One Partners LLC<br>| 2181800000 | - | 2181800000 | 0 | 0 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> MGM Sustainable Energy Fund L.P.<br>| 440471170 | - | 498908020 | (149132232) | 207569082 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> IFC Middle East and North Africa Fund, LP<br>| 495941325 | - | 774650789 | 105128783 | 173580681 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> MGM Sustainable Energy Fund II L.P.<br>| 2362615497 | - | 2896596857 | (328866734) | 862848094 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> I&P Afrique Entrepreneurs II LP<br>| 588230579 | - | 650804765 | (32048410) | 94622596 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> WWB Capital Partners II, L.P.<br>| 1354388489 | - | 1457972584 | (70291255) | 173875350 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Covid-19 Emerging and Frontier Markets MSME Support Fund<br>| 3959765661 | - | 5515479412 | 358917032 | 1196796719 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Rebright Partners IV Investment Limited Partnership<br>| 387241931 | - | 356682705 | (55667610) | 25108384 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> SVL-SME Fund<br>| 3117918035 | - | 3674228759 | 529297345 | 27013379 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Dolma Impact Fund II<br>| 739931958 | - | 770781312 | 5431063 | 25418291 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Lendable S.A., SICAV-RAIF<br>| 1284942752 | - | 1498450000 | 155548680 | 57958568 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Verod-Kepple Africa Ventures SCSp<br>| 321060038 | - | 334292354 | (12442361) | 25674677 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> GEF LatAm Climate Solutions Fund III-B, L.P.<br>| 1641816963 | - | 1411740392 | (249314172) | 19237601 |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Horizon Capital Growth Fund IV, L.P.<br>| 1114275456 | - | 1028217776 | (69806272) | (16251408) |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Openspace Ventures IV, L.P.<br>| 323219933 | - | 177718161 | (143414388) | (2087384) |  |
| &nbsp;&nbsp;&nbsp; Other<br> investment <br> securities  | <br> Dalus Capital Fund III, LP<br>| 468052567 | - | 464121102 | 0 | (3931465) |  |
|  | <br> Total<br>| 24327309183 | - | 27079085691 | (228655121) | 2980431629 |  |
| &nbsp;&nbsp;&nbsp; Total <br> balance <br> sheet <br> amount  |  |  |  | 100069923708 |  |  |  |

---

\* Acquisition cost of other investment securities related to the investment limited partnership and other equivalent funds includes the amount equivalent to JICA's percentage share of the accumulated profit/loss amount for the previous term. 

------

(3) Details of loans

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Classification | <br> Balance at the<br>beginning of the period | <br> Increase during the<br>period | Decrease during the period | Decrease during the period | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Classification | <br> Balance at the<br>beginning of the period | <br> Increase during the<br>period | <br> Collection, etc. | <br> Write-off | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Loans<br>| 16592568294909  | 1909409818805  | 895189074303  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0  | 17606789039411  |  |
| &nbsp;&nbsp;&nbsp; Claims probable in bankruptcy, claims probable in rehabilitation, and other<br>| 87062884239  | 0  | 0  | 0  | 87062884239  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 16679631179148  | 1909409818805  | 895189074303  | 0  | 17693851923650  |  |

---

------

(4) Details of borrowings

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;Classification | Balance at the<br>beginning of the<br>period | Increase during<br>the period | Decrease during<br>the period | Balance at the end<br>of the period | Average<br>interest<br>rate (%) | Maturity date | Remarks |
| &nbsp;&nbsp;&nbsp; Borrowings from government fund for Fiscal Investment and Loan Program | 5277825496000 | 1033400000000 | 149591872000 | 6161633624000 <br> (229339975000)<br>| 0.779 | August 2025- <br> May 2064  |  |

---

\* Figures in parentheses () indicate the amount of borrowings repayable within one year. 

------

(5) Details of bonds

(Unit: Yen)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Security name<br>| <br> Balance at the beginning of <br> the period | <br> Increase during the period  | <br> Decrease during<br>the period | <br> Translation<br>Adjustments  | <br> Balance at the end of <br> the period | <br> Coupon <br> (%) | <br> Maturity date <br>| <br> Remarks  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (1st) | 30000000000 | 0 | 0 |  | 30000000000<br>(0) | 2.470 | September 2028 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (2nd) | 30000000000 | 0 | 0 |  | 30000000000<br>(0) | 2.341 | June 2029 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (3rd) | 20000000000 | 0 | 0 |  | 20000000000<br>(0) | 2.134 | December 2029 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (4th) | 20000000000 | 0 | 0 |  | 20000000000<br>(0) | 2.079 | June 2030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (5th) | 20000000000 | 0 | 0 |  | 20000000000<br>(0) | 1.918 | September 2030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (6th) | 20000000000 | 0 | 0 |  | 20000000000<br>(0) | 2.098 | December 2030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (7th) | 20000000000 | 0 | 0 |  | 20000000000<br>(0) | 1.991 | June 2031 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (8th) | 15000000000 | 0 | 0 |  | 15000000000<br>(0) | 1.554 | September 2026 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (9th) | 5000000000 | 0 | 0 |  | 5000000000<br> (0) | 2.129 | September 2041 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (13th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.752 | June 2032 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (15th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.724 | September 2032 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (19th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.725 | June 2033 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (21st) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.734 | September 2033 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (24th) | 10000000000 | 0 | 10000000000 |  | 0<br> (0) | 0.655 | June 2024 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (25th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.520 | June 2034 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (26th) | 10000000000 | 0 | 10000000000 |  | 0<br> (0) | 0.588 | September 2024 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (27th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.451 | September 2034 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (29th) | 10000000000 | 0 | 0 |  | 10000000000<br>-10000000000 | 0.583 | June 2025 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (30th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.299 | June 2035 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (31st) | 10000000000 | 0 | 0 |  | 10000000000<br>-10000000000 | 0.530 | September 2025 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (32nd) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.212 | September 2035 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (33rd) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.130 | December 2035 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (34th) | 10000000000 | 0 | 0 |  | 10000000000<br>-10000000000 | 0.245 | February 2026 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (35th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.080 | June 2026 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (36th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.313 | June 2036 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (37th) | 20000000000 | 0 | 0 |  | 20000000000<br>(0) | 0.100 | September 2026 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (38th) | 15000000000 | 0 | 0 |  | 15000000000<br>(0) | 0.590 | September 2046 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (39th) | 5000000000 | 0 | 0 |  | 5000000000<br> (0) | 0.744 | February 2037 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (40th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.220 | June 2027 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (41st) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.602 | June 2037 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (42nd) | 20000000000 | 0 | 0 |  | 20000000000<br>(0) | 0.597 | September 2037 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (43rd) | 20000000000 | 0 | 0 |  | 20000000000<br>(0) | 0.625 | December 2037 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (44th) | 15000000000 | 0 | 0 |  | 15000000000<br>(0) | 0.200 | June 2028 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (45th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.559 | June 2038 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (46th) | 20000000000 | 0 | 0 |  | 20000000000<br>(0) | 0.664 | September 2038 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (47th) | 15000000000 | 0 | 0 |  | 15000000000<br>(0) | 0.636 | December 2038 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (48th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.059 | June 2029 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (49th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.333 | June 2039 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (50th) | 12000000000 | 0 | 0 |  | 12000000000<br>(0) | 0.055 | September 2029 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (51st) | 18000000000 | 0 | 0 |  | 18000000000<br>(0) | 0.538 | December 2049 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (52nd) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.055 | March 2030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (53rd) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.160 | June 2030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (54th) | 13000000000 | 0 | 0 |  | 13000000000<br>(0) | 0.445 | June 2040 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (55th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.150 | September 2030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (56th) | 12000000000 | 0 | 0 |  | 12000000000<br>(0) | 0.459 | September 2040 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (57th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.130 | December 2030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (58th) | 5000000000 | 0 | 0 |  | 5000000000<br> (0) | 0.420 | December 2040 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (59th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.125 | June 2031 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (60th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.457 | June 2041 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (61st) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.110 | September 2031 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (62nd) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.439 | September 2041 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (63rd) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.194 | January 2032 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (64th) | 7000000000 | 0 | 0 |  | 7000000000<br> (0) | 0.533 | January 2042 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (65th) | 3000000000 | 0 | 0 |  | 3000000000<br> (0) | 0.194 | February 2032 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (66th) | 11000000000 | 0 | 0 |  | 11000000000<br>(0) | 0.374 | July 2032 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (67th) | 13000000000 | 0 | 0 |  | 13000000000<br>(0) | 0.910 | July 2042 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (68th) | 7500000000 | 0 | 0 |  | 7500000000<br> (0) | 0.399 | June 2032 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (69th) | 13000000000 | 0 | 0 |  | 13000000000<br>(0) | 1.032 | June 2042 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (70th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.559 | September 2032 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (71st) | 5000000000 | 0 | 0 |  | 5000000000<br> (0) | 0.517 | December 2027 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (72nd) | 20500000000 | 0 | 20500000000 |  | 0<br> (0) | 0.090 | December 2024 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (73rd) | 15000000000 | 0 | 0 |  | 15000000000<br>(0) | 0.681 | March 2033 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (74th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.110 | March 2043 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (75th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 0.349 | September 2028 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (76th) | 12000000000 | 0 | 0 |  | 12000000000<br>(0) | 0.747 | June 2033 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (77th) | 10000000000 | 0 | 0 |  | 10000000000<br>(0) | 1.404 | June 2043 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (78th) | 8000000000 | 0 | 0 |  | 8000000000<br> (0) | 0.294 | December 2028 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (79th) | 0 | 20000000000 | 0 |  | 20000000000<br>(0) | 0.580 | December 2028 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (80th) | 0 | 20000000000 | 0 |  | 20000000000<br>(0) | 0.820 | September 2029 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (81th) | 0 | 10000000000 | 0 |  | 10000000000<br>(0) | 1.181 | September 2034 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FILP Agency Bonds (82th) | 0 | 4000000000 | 0 |  | 4000000000<br> (0) | 0.850 | March 2027 |  |
| &nbsp;&nbsp;&nbsp;Subtotal | 825000000000 | 54000000000 | 40500000000 | — <br>0 | 838500000000<br>-30000000000 |  |  |  |

---

------

Continued from previous page

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Security name<br>| <br> Balance at the beginning of <br> the period | <br> Increase during the period  | <br> Decrease during<br> the period | <br> Translation<br>Adjustments  | <br> Balance at the end of <br> the period | <br> Coupon <br> (%) | <br> Maturity date  | <br> Remarks  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government-guaranteed bonds |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan International Cooperation Agency Government-guaranteed bonds (2nd) | 61,348,000,000<br> [$500,000,000] | 0<br> [ $0] | 0<br> [ $0] | (305000000) | 61,043,000,000<br>[$500,000,000]<br> (0) | 2.125 | October 2026 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan International Cooperation Agency Government-guaranteed bonds (3rd) | 69,374,500,000<br>[$500,000,000] | 0<br> [ $0] | 0<br> [ $0] | (533750000) | 68,840,750,000<br>[$500,000,000]<br> (0) | 2.750 | April 2027 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan International Cooperation Agency Government-guaranteed bonds (4th) | 69,428,500,000<br>[$500,000,000] | 0<br> [ $0] | 0<br> [ $0] | (533750000) | 68,894,750,000<br>[$500,000,000]<br> (0) | 3.375 | June 2028 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan International Cooperation Agency Government-guaranteed bonds (5th) | 75,685,000,000<br>[$500,000,000] | 0<br> [ $0] | 0<br> [ $0] | (762500000) | 74,922,500,000<br>[$500,000,000]<br> (0) | 1.000 | July 2030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan International Cooperation Agency Government-guaranteed bonds (6th) | 87,794,600,000<br>[$580,000,000] | 0<br> [ $0] | 0<br> [ $0] | (884500000) | 86,910,100,000<br>[$580,000,000]<br> (0) | 1.750 | April 2031 |  |
| &nbsp;&nbsp;&nbsp;Japan International Cooperation Agency Government-guaranteed bonds (7th) | 136,233,000,000<br>[$900,000,000] | 0<br> [ $0] | 0<br> [ $0] | (1372500000) | 134,860,500,000<br>[$900,000,000]<br> (0) | 3.250 | May 2027 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan International Cooperation Agency Government-guaranteed bonds (8th) | 189,212,500,000<br>[$1,250,000,000] | 0<br> [ $0] | 0<br> [ $0] | (1906250000) | 187,306,250,000<br>[$1,250,000,000]<br> (0) | 4.000 | May 2028 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan International Cooperation Agency Government-guaranteed bonds (9th) | 0<br> [ $0] | 156,688,000,000<br>[$1,000,000,000] | 0<br> [ $0] | (6843000000) | 149,845,000,000<br>[$1,000,000,000]<br> (0) | 4.750 | May 2029 |  |
| &nbsp;&nbsp;&nbsp;Subtotal | 689,076,100,000<br>[$3,480,000,000] | 156,688,000,000<br>[ $0] | 0<br> [ $0] | (13141250000) | 832,622,850,000<br>[$5,730,000,000]<br> (0) |  |  |  |
| &nbsp;&nbsp;&nbsp;Total | 1514076100000 | 210688000000 | 40500000000 | (13141250000) | 1671122850000<br> (30000000000) |  |  |  |

---

\* Figures in parentheses () indicate the amount of bonds redeemable within one year. The amount in [ ] is denominated in a foreign currency.

------

(6) Details of provisions

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Classification | <br> Balance at the<br> beginning of the<br> period | <br> Increase during<br> the period | <br> Decrease during the period | <br> Decrease during the period | <br> Balance at the end<br>of the period | <br> Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Classification | <br> Balance at the<br> beginning of the<br> period | <br> Increase during<br> the period | Intended use | Others | <br> Balance at the end<br>of the period | <br> Remarks |
| &nbsp;&nbsp;&nbsp;Provision for bonuses | 417151279 | 445621699 | 417151279 | 0 | 445621699 |  |
| &nbsp;&nbsp;&nbsp;Provision for contingent losses | 1447236980 | 1307344767 | 0 | 1447236980 | 1307344767 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 1864388259 | 1752966466 | 417151279 | 1447236980 | 1752966466 |  |

---

\* Decrease during the period (Others) for the provision for contingent losses indicates the amount of reversal of the provision after revaluation, etc.

------

(7) Details of allowance for loan losses, etc.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | (Unit: Yen) |
| &nbsp;&nbsp;&nbsp;Classification | Balance of loans, etc. | Balance of loans, etc. | Balance of loans, etc. | Balance of allowance for loan losses | Balance of allowance for loan losses | Balance of allowance for loan losses | Remarks |
| &nbsp;&nbsp;&nbsp;Classification | <br> Balance at the<br>beginning of the<br>period | Increase or decrease<br>during the period | Balance at the end of<br>the period | <br> Balance at the<br>beginning of the<br>period | Increase or decrease<br>during the period | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;&nbsp; Loans | 16592568294909 | 1014220744502 | 17606789039411 | 227002734733 | 590026188 | 227592760921 |  |
| &nbsp;&nbsp;&nbsp;Claims probable in bankruptcy, claims probable in rehabilitation, and other | 87062884239 | 0 | 87062884239 | 87062884239 | 0 | 87062884239 |  |
| &nbsp;&nbsp;&nbsp;Total | 16679631179148 | 1014220744502 | 17693851923650 | 314065618972 | 590026188 | 314655645160 |  |

---

\* The standard for the accrual of allowance for loan losses is described in No. 4 of Significant Accounting Policies.

------

(8) Details of provision for retirement benefits

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | (Unit: Yen) |
| Classification | Balance at the<br>beginning of<br>the period | Increase during the<br>period | Decrease during the<br>period | Balance at the end<br>of the period | Remarks |
|  Total retirement benefit obligations | 6625127623 | 890037801 | 531684780 | 6983480644 |  |
| &nbsp;&nbsp; Retirement benefits | 3982369247 | 679282074 | 407050608 | 4254600713 |  |
| &nbsp;&nbsp; Defined benefit corporate pension plan | 2642758376 | 210755727 | 124634172 | 2728879931 |  |
|  Unrecognized past service cost and unrecognized actuarial differences | 0 | 0 | 0 | 0 |  |
|  Plan assets | 3404044284 | 219806802 | 124634172 | 3499216914 |  |
|  Provision for retirement benefits | 3982369247 | 679282074 | 407050608 | 4254600713 |  |
|  Prepaid pension expenses | 761285908 | 9051075 | 0 | 770336983 |  |

---

------

(9) Details of asset retirement obligations

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | | (Unit: Yen)<br>|
| &nbsp;&nbsp;&nbsp;Classification | Balance at the<br>beginning of<br>the period | Increase during the<br>period | Decrease during the<br>period | Balance at the end<br>of the period | Remarks |
| &nbsp;&nbsp;&nbsp;Obligation of restoration to original state based on building lease agreement | 105559435 | 0 | 16889 | 105542546 | Specified expenses in Accounting Standards for Incorporated Administrative Agencies No. 91: None<br>|

---

------

(10) Details of liabilities for guarantee

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | | | | | | | (Unit: Yen) <br>|
| &nbsp;&nbsp;&nbsp; Classification | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at the beginning of <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the period  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at the beginning of <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the period  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase during <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the period  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase during <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the period  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease during <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the period  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease during <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the period  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at the end of the <br> period | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at the end of the <br> period | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Remarks |
| &nbsp;&nbsp;&nbsp; Classification | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Number <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of bonds <br>| <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amount <br>| <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Number <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of bonds <br>| <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amount <br>| <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Number <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of bonds <br>| <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amount <br>| <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Number <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of bonds <br>| <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amount <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Remarks |
| &nbsp;&nbsp;&nbsp; FILP Agency Bonds (Public offering) | 1 | 20000000000 | 0 | 0 | 0 | 0 | 1 | 20000000000 |  |

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\* JICA is jointly liable for obligations arising from the above bonds issued by the former Japan Bank for International Cooperation which was succeeded by the Japan Bank for International Cooperation.

------

(11) Details of remunerations and salaries of officers and employees

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| | | | | |
|:---|:---|:---|:---|:---|
| | (Unit: Thousands of yen, persons) | (Unit: Thousands of yen, persons) | (Unit: Thousands of yen, persons) | (Unit: Thousands of yen, persons) |
| &nbsp;&nbsp;&nbsp; Classification | Remunerations or salaries | Remunerations or salaries | Retirement benefits | Retirement benefits |
| &nbsp;&nbsp;&nbsp; Classification | <br> Payment amount  | <br> Number of people  | <br> Payment amount  | <br> Number of people  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Officers | (1562) | (1) | (-) | (-) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Officers | 55925 | 12 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employees | (3053) | (2) | (-) | (-) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employees | 5432141 | 1978 | 407051 | 128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | (4615) | (3) | (-) | (-) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | 5488067 | 1990 | 407051 | 128 |

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---

| | |
|:---|:---|
| (Notes) | &nbsp;&nbsp;&nbsp;&nbsp; 1. Payment standard of remunerations and retirement benefits to officers<br>Remunerations and retirement benefits to officers are paid based on "Rules on Remuneration for Officers" and "Rules on Retirement Benefits for Officers" in place for Incorporated Administrative Agency - Japan International Cooperation Agency. |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 2. Payment standard of salaries and retirement benefits to employees<br>Salaries and retirement benefits to employees are paid based on "Rules on Salaries for Employees" and "Rules on Retirement Benefits for Employees" in place for Incorporated Administrative Agency - Japan International Cooperation Agency. |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3. Number of people<br>As for the number of people to whom remunerations or salaries are paid, the average number of JICA officers or employees during the period is used. |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4. Others<br>Figures in parentheses () indicate the number of part-time officers or employees classified as external members. |

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(12) Details of main assets, liabilities, and expenses, other than those mentioned above

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| | |
|:---|:---|
| Operating and administrative expenses | (Unit: Yen)  |
| &nbsp;&nbsp;&nbsp;Classification | Amount |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating expenses | 6018875035 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information system-related expenses | 3637898513 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rent expenses on real estate | 636706279 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Travelling and transportation expenses | 1012163455 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other expenses | 6877529827 |
| &nbsp;&nbsp;&nbsp; Total | 18183173109 |

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(13) Details of affiliated companies

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items<br>| KAFCO Japan Investment Co., Ltd. | Karnaphuli Fertilizer Company Limited | Karnaphuli Fertilizer Company Limited | Karnaphuli Fertilizer Company Limited | Karnaphuli Fertilizer Company Limited |
| &nbsp;&nbsp;&nbsp; <br> Outline of operations<br>| <br> Production of urea and ammonia in Chittagong, People's Republic of Bangladesh | <br> Production of urea and ammonia in Chittagong, People's Republic of Bangladesh | <br> Production of urea and ammonia in Chittagong, People's Republic of Bangladesh | <br> Production of urea and ammonia in Chittagong, People's Republic of Bangladesh | <br> Production of urea and ammonia in Chittagong, People's Republic of Bangladesh |
| &nbsp;&nbsp;&nbsp;&nbsp; Name of officers | Number of officers: 9<br>President and CEO: Tomohiko Hirano<br> Executive Vice President: Ken Odajima<br> (Deputy Director General of Southeast Asia and Pacific Department of JICA, Seconded)<br> Auditor: Koji Noda<br> (Aid Coordination Advisor of JICA, Seconded) | - | - | - | - |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA | ![LOGO](g935258g79r00.jpg)  | JICA | ![LOGO](g935258g79r00.jpg)  | KAFCO Japan Investment Co., Ltd. | KAFCO Japan Investment Co., Ltd. |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA | (Equity Investment) |  | (Equity Investment) | ![LOGO](g935258g44a54.jpg) <br>| (Equity Investment) |
|  |  |  |  | Karnaphuli Fertilizer Company Limited | Karnaphuli Fertilizer Company Limited |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Assets<br>| <br> ¥5,570,329,579 | <br> - | <br> - | <br> - | <br> - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Liabilities<br>| <br> &nbsp;&nbsp;&nbsp;&nbsp;¥18,589,134 | <br> - | <br> - | <br> - | <br> - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Capital<br>| <br> ¥5,023,900,000 | <br> - | <br> - | <br> - | <br> - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Retained earnings<br>| <br> ¥527,840,445 | <br> - | <br> - | <br> - | <br> - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Operating revenues<br>| <br> ¥0 | <br> - | <br> - | <br> - | <br> - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Ordinary (loss) income<br>| <br> (¥117,707,422) | <br> - | <br> - | <br> - | <br> - |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Net (loss) income<br>| <br> (¥118,917,422) | <br> - | <br> - | <br> - | <br> - |
| &nbsp;&nbsp;&nbsp;Unappropriated (loss) income for the current fiscal year | ¥193,248,705 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Number of company shares owned by JICA, acquisition cost, balance sheet amount, etc. | • Number of company shares owned by JICA: 46,606 shares<br> • Acquisition cost: ¥2,436,204,983<br> • Balance sheet amount: ¥2,575,135,006 (A decrease of ¥55,158,994 from the end of the previous fiscal year)<br> • Legal basis: Item 2 (b), Paragraph 1, Article 13 of the Act of the Incorporated Administrative Agency - Japan International Cooperation Agency<br> • Applicable provision of the act: To lend a person designated by the Minister for Foreign Affairs, such as an organization like a juridical person in Japan or the Developing Area, the funds required for the execution of their Development Projects or making capital contributions to such persons where there is a special necessity in order to effectuate Development Projects.<br> • Purpose of investment: Capital contribution to the production of urea and ammonia by the company<br> • Date of the initial investment: July 27, 1990 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables<br>| N/A | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee<br>| N/A | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to gross sales, order placement by JICA, etc. (Amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts)<br>| N/A | - | - | - | - |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Note) The above amount pertains to the period from September 1, 2023, through August 31, 2024. |  |  |  |  |

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------

(13) Details of affiliated companies

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items<br>| Nippon Amazon Aluminum Co., Ltd. | SPDC Ltd. |
| &nbsp;&nbsp;&nbsp; <br> Outline of operations<br>| <br> Production of alumina and smelting ammonium in the State of Para, Federative Republic of Brazil | <br> Production and sales of ethylene glycol and other petrochemical products in the Al Jubail Industrial Area, Eastern Province of Kingdom of Saudi Arabia |
| &nbsp;&nbsp;&nbsp;&nbsp; Name of officers | Number of officers: 12<br>President and CEO: Toshiro Okada<br> Auditor: Toshio Nagase (The Chief Representative of JICA Laos Office, Seconded) | Number of officers: 18<br>President and CEO: Osamu Takeuchi<br> Managing Director: Tsutomu kudo (The Chief Representative of<br> JICA Myanmar Office, Seconded) |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA | ![LOGO](g935258g79r00.jpg)  | ![LOGO](g935258g79r00.jpg)  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA | (Equity Investment) | (Equity Investment) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Assets<br>| <br> ¥64,952,114,068 | <br> ¥86,857,180,616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Liabilities<br>| <br> ¥2,678,110,140 | <br> ¥26,633,074,100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Capital<br>| <br> ¥58,564,532,140 | <br> ¥14,200,000,000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Retained earnings<br>| <br> (¥1,670,944,378) | <br> ¥46,024,106,516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Operating revenues<br>| <br> ¥0 | <br> ¥4,818,365,449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Ordinary (loss) income<br>| <br> (¥787,579,217) | <br> ¥3,359,578,410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Net (loss) income<br>| <br> (¥788,789,217) | <br> ¥3,009,214,834 |
| &nbsp;&nbsp;&nbsp;Unappropriated (loss) income for the current fiscal year | (¥1,892,085,978) | ¥23,974,106,516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Number of company shares owned by JICA, acquisition cost, balance sheet amount, etc. | • Number of company shares owned by JICA: 496,652,800 shares<br> • Acquisition cost: ¥25,066,535,300<br> • Balance sheet amount: ¥18,073,827,058 (A decrease of ¥5,477,315,587 from the end of the previous fiscal year)<br> • Legal basis: Item 2 (b), Paragraph 1, Article 13 of the Act of the Incorporated Administrative Agency - Japan International Cooperation Agency<br> • Applicable provision of the act: To lend a person designated by the Minister for Foreign Affairs, such as an organization like a juridical person in Japan or the Developing Area, the funds required for the execution of their Development Projects or making capital contributions to such persons where there is a special necessity in order to effectuate Development Projects.<br> • Purpose of investment: Capital contribution to the smelting of alumina and aluminum<br> • Date of the initial investment: August 29, 1978 | • Number of company shares owned by JICA: 2,107,500 shares<br> • Acquisition cost: ¥7,269,880,619<br> • Balance sheet amount: ¥21,660,538,641 (An increase of ¥94,397,758 from the end of the previous fiscal year)<br> • Legal basis: Item 2 (b), Paragraph 1, Article 13 of the Act of the Incorporated Administrative Agency - Japan International Cooperation Agency<br> • Applicable provision of the act: To lend a person designated by the Minister for Foreign Affairs, such as an organization like a juridical person in Japan or the Developing Area, the funds required for the execution of their Development Projects or making capital contributions to such persons where there is a special necessity in order to effectuate Development Projects.<br> • Purpose of investment: Capital contribution to the manufacturing of ethylene glycol and other petrochemical products<br> • Date of the initial investment: June 17, 1981 |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables<br>| N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee<br>| N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to gross sales, order placement by JICA, etc. (Amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts)<br>| N/A | N/A |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Note) The above amount pertains to the period from January 1, 2024, through December 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Note) The above amount pertains to the period from January 1, 2024, through December 31, 2024. |

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------

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items<br>| Eastern Petrochemical Company | Eastern Petrochemical Company | Eastern Petrochemical Company | Eastern Petrochemical Company | Sumatra Pulp Corporation |
| &nbsp;&nbsp;&nbsp;&nbsp; Outline of operations<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Production and sales of ethylene glycol and other petrochemical products in the Al Jubail Industrial Area, Eastern Province of Kingdom of Saudi Arabia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Production and sales of ethylene glycol and other petrochemical products in the Al Jubail Industrial Area, Eastern Province of Kingdom of Saudi Arabia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Production and sales of ethylene glycol and other petrochemical products in the Al Jubail Industrial Area, Eastern Province of Kingdom of Saudi Arabia | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Production and sales of ethylene glycol and other petrochemical products in the Al Jubail Industrial Area, Eastern Province of Kingdom of Saudi Arabia | Construction of a pulp mill to manufacture wood pulp from afforested acacia mangium, and production and sale of wood pulp in Muara Enim, South Sumatra, Republic of Indonesia |
| &nbsp;&nbsp;&nbsp;&nbsp; Name of officers | - | - | - | - | <br> Number of officers: 6<br>President and CEO: Yoichi Kometani<br> Executive Vice President: Koji Noda (Aid Coordination Advisor of JICA, Seconded)<br> Auditor: Jin Wakabayashi (Director General of Financial Risk Management, JICA, Concurrent position) |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA | <br> JICA<br>| ![LOGO](g935258g79r00.jpg)  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPDC Ltd.  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SPDC Ltd.  | ![LOGO](g935258g79r00.jpg)  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  | (Equity Investment) | <br> ![LOGO](g935258g44a54.jpg) <br>| (Equity Investment) | (Equity Investment) |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Petrochemical Company  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Petrochemical Company  | <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eastern Petrochemical Company  |  |
| &nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Assets<br>| - | - | - | - | ¥15,379,382 |
| &nbsp;&nbsp;&nbsp;&nbsp; Liabilities<br>| - | - | - | - | ¥883,005,683 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital<br>| - | - | - | - | ¥100,000,000 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retained earnings<br>| - | - | - | - | (¥967,626,301) |
| &nbsp;&nbsp;&nbsp;&nbsp; Operating revenues<br>| - | - | - | - | ¥64,029,824 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ordinary (loss) income<br>| - | - | - | - | (¥21,486,656) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net (loss) income<br>| - | - | - | - | (¥21,666,656) |
| &nbsp;&nbsp;&nbsp;Unappropriated (loss) income for the current fiscal year | - | - | - | - | (¥967,626,301) |
| &nbsp;&nbsp;&nbsp;Number of company shares owned by JICA, acquisition cost, balance sheet amount, etc. | - | - | - | - | • Number of company shares owned by JICA: 114,032 shares<br> • Acquisition cost: ¥2,758,289,455<br> • Balance sheet amount: ¥1 (No changes from the end of the previous fiscal year)<br> • Legal basis: Item 2 (b), Paragraph 1, Article 13 of the Act of the Incorporated Administrative Agency - Japan International Cooperation Agency<br> • Applicable provision of the act: To lend a person designated by the Minister for Foreign Affairs, such as an organization like a juridical person in Japan or the Developing Area, the funds required for the execution of their Development Projects or making capital contributions to such persons where there is a special necessity in order to effectuate Development Projects.<br> • Purpose of investment: Capital contribution to the pulp manufacturing business<br> • Date of the initial investment: April 21, 1995 |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables<br>| - | - | - | - | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee<br>| - | - | - | - | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to gross sales, order placement by JICA, etc. (Amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts)<br>| - | - | - | - | N/A |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Note) The above amount pertains to the period from April 1, 2023, through March 31, 2024.  |

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------

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporation type and name <br>| (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br>Standards for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting Standards<br>for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting Standards<br>for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting Standards<br>for Incorporated Administrative Agencies) | (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting Standards<br>for Incorporated Administrative Agencies) |
| &nbsp;&nbsp;&nbsp;&nbsp; Items<br>| Japan Saudi Arabia Methanol Co., Inc. | JSMC PANAMA S.A. | JSMC PANAMA S.A. | JSMC PANAMA S.A. | JSMC PANAMA S.A. |
| &nbsp;&nbsp;&nbsp; <br> Outline of operations<br>| Production of methanol in the Al-Jubail Industrial Area, Eastern<br> Province of Kingdom of Saudi Arabia | Transportation of methanol business | Transportation of methanol business | Transportation of methanol business | Transportation of methanol business |
| &nbsp;&nbsp;&nbsp;&nbsp; Name of officers | Number of officers: 12<br>President and CEO: Shinichi Tokuda<br> Managing Director and General Manager of the General Affairs Department: Hiroyuki Kawanishi<br> (Director General of Office for Indian High Speed Rail, JICA, Seconded)<br> Full-time auditor: Takatoshi Nishikata<br> (Director General of Office of Audit, JICA, Seconded) | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA | ![LOGO](g935258g79r00.jpg)  | JICA | ![LOGO](g935258g79r00.jpg)  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan Saudi Arabia <br> Methanol Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan Saudi Arabia <br> Methanol Co., Inc. |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA | (Equity Investment)<br>|  | (Equity Investment)<br>| <br> ![LOGO](g935258g44a54.jpg)  | (Equity Investment)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  | <br> JSMC PANAMA S.A. | <br> JSMC PANAMA S.A. | <br> JSMC PANAMA S.A. |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Assets<br>| ¥133,052,135,995  | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Liabilities<br>| ¥62,795,055,740 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital<br>| &nbsp;&nbsp;&nbsp;&nbsp;¥2,310,000,000 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Retained earnings<br>| ¥68,228,669,255 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Operating revenues<br>| ¥46,465,124,590 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Ordinary (loss) income<br>| &nbsp;&nbsp;&nbsp;&nbsp;(¥6,252,200,134) | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Net (loss) income<br>| &nbsp;&nbsp;&nbsp;&nbsp;(¥6,685,439,341) | - | - | - | - |
| &nbsp;&nbsp;&nbsp;Unappropriated (loss) income for the current fiscal year | &nbsp;&nbsp;&nbsp;&nbsp;¥65,499,658,547 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp;Number of company shares owned by JICA, acquisition cost, balance sheet amount, etc. | • Number of company shares owned by JICA: 1,386,000 shares<br> • Acquisition cost: ¥7,149,297,104<br> • Balance sheet amount: ¥21,290,024,319 (A decrease of ¥2,025,890,710 from the end of the previous fiscal year)<br> • Legal basis: Item 2 (b), Paragraph 1, Article 13 of the Act of the Incorporated Administrative Agency - Japan International Cooperation Agency<br> • Applicable provision of the act: To lend a person designated by the Minister for Foreign Affairs, such as an organization like a juridical person in Japan or the Developing Area, the funds required for the execution of their Development Projects or making capital contributions to such persons where there is a special necessity in order to effectuate Development Projects.<br> • Purpose of investment: Capital contribution to the methanol manufacturing business<br> • Date of the initial investment: December 17, 1979 | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables<br>| N/A | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee<br>| N/A | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Amounts and ratios in relation to gross sales, order placement by JICA, etc. (Amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts)<br>| N/A | - | - | - | - |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Note) The above amount pertains to the period from January 1, 2024, through December 31, 2024.  |  |  |  |  |

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Corporation type and name  | <br> (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br> Standards for Incorporated Administrative Agencies) | <br> (Affiliated companies pursuant to Paragraph 2 (2), Article 120 of the Accounting<br> Standards for Incorporated Administrative Agencies) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Items | <br> JAPAN ASEAN Women Empowerment Fund | <br> Ship Aichi Medical Service Limited |
| &nbsp;&nbsp;&nbsp; <br> Outline of operations<br>| Investment and / or loan to Microfinance Institutes for empowerment of women in ASEAN countries | Establishment and operation of a private general hospital in Dhaka, People's Republic of Bangladesh |
| &nbsp;&nbsp;&nbsp;&nbsp; Name of officers | Number of officers: 3<br>Chairperson: Peter Fanconi<br> Director: Christophe Grünig<br> Director: Tetsuro Uemae | Number of officers: 9<br>Executive Chairman: Dr. Moazzem Hossain<br> Director: Kiyoshi Amada<br> (Planning and Reserch officer of JICA Bangladesh Office, Concurrent position) |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA | ![LOGO](g935258g79r00.jpg)  | ![LOGO](g935258g79r00.jpg)  |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA | (Equity Investment)<br>| (Equity Investment)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between affiliated companies and JICA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Assets | 37078761976 | ¥5,178,206,199 |
| &nbsp;&nbsp;&nbsp;&nbsp; Liabilities | 1106676375 | ¥2,428,999,537 |
| &nbsp;&nbsp;&nbsp;&nbsp; Capital | 35972085600 | ¥4,780,730,430 |
| &nbsp;&nbsp;&nbsp;&nbsp; Retained earnings | (78403498) | (¥2,031,523,768) |
| &nbsp;&nbsp;&nbsp;&nbsp; Operating revenues | 2253242287 | ¥303,962,846 |
| &nbsp;&nbsp;&nbsp;&nbsp; Ordinary (loss) income | 1383648237 | (¥524,716,080) |
| &nbsp;&nbsp;&nbsp;&nbsp; Net (loss) income | 1383648237 | (¥534,466,685) |
| &nbsp;&nbsp;&nbsp;Unappropriated (loss) income for the current fiscal year | (78403498) | (¥2,031,523,768) |
| &nbsp;&nbsp;&nbsp;&nbsp;Number of company shares owned by JICA, acquisition cost, balance sheet amount, etc. | • Number of company shares owned by JICA: 6,000 shares<br> • Acquisition cost: ¥6,454,158,320<br> • Balance sheet amount: ¥8,990,700,000 (A decrease of ¥91,500,000 from the end of the previous fiscal year)<br> • Legal basis: Item 2 (b), Paragraph 1, Article 13 of the Act of the Incorporated Administrative Agency - Japan International Cooperation Agency<br> • Applicable provision of the act: To lend a person designated by the Minister for Foreign Affairs, such as an organization like a juridical person in Japan or the Developing Area, the funds required for the execution of their Development Projects or making capital contributions to such persons where there is a special necessity in order to effectuate Development Projects.<br> • Purpose of investment: Capital contribution to the fund<br> • Date of the initial investment: October 21, 2016 | • Number of company shares owned by JICA: 560,000 shares<br> • Acquisition cost: ¥748,809,600<br> • Balance sheet amount: ¥400,612,992 (A decrease of ¥135,778,129 from the end of the previous fiscal year)<br> • Legal basis: Item 2 (b), Paragraph 1, Article 13 of the Act of the Incorporated Administrative Agency - Japan International Cooperation Agency<br> • Applicable provision of the act: To lend a person designated by the Minister for Foreign Affairs, such as an organization like a juridical person in Japan or the Developing Area, the funds required for the execution of their Development Projects or making capital contributions to such persons where there is a special necessity in order to effectuate Development Projects.<br> • Purpose of investment: Capital contribution to the establishment and operation of a private general hospital<br> • Date of the initial investment: May 22, 2019 |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of receivables and payables | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp; Details of debt guarantee | N/A | N/A |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Amounts and ratios in relation to gross sales, order placement by JICA, etc. (Amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts)<br>| N/A | N/A |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Note) The above amount pertains to the period from January 1, 2024, through December 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Note) The above amount pertains to the period from July 1, 2023, through June 30, 2024. |

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Corporation type and name  | <br> (Relevant public interest corporations, etc.) | <br> (Relevant public interest corporations, etc.) | <br> (Relevant public interest corporations, etc.) | <br> (Relevant public interest corporations, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Items | <br> Institute of the Solar Boat | <br> Institute of the Solar Boat | <br> Institute of the Solar Boat | <br> Institute of the Solar Boat |
| &nbsp;&nbsp;&nbsp; <br> Outline of operations<br>| <br> (1) Conservation and restoration of Cultural Properties<br> (2) Research and studies on Cultural Properties<br> (3) Collecting and providing information on Cultural Properties | <br> (1) Conservation and restoration of Cultural Properties<br> (2) Research and studies on Cultural Properties<br> (3) Collecting and providing information on Cultural Properties | <br> (1) Conservation and restoration of Cultural Properties<br> (2) Research and studies on Cultural Properties<br> (3) Collecting and providing information on Cultural Properties | <br> (1) Conservation and restoration of Cultural Properties<br> (2) Research and studies on Cultural Properties<br> (3) Collecting and providing information on Cultural Properties |
| &nbsp;&nbsp;&nbsp;&nbsp; Name of officers | <br> Number of officers: 10<br>Director: Sakuji Yoshimura | <br> Number of officers: 10<br>Director: Sakuji Yoshimura | <br> Number of officers: 10<br>Director: Sakuji Yoshimura | <br> Number of officers: 10<br>Director: Sakuji Yoshimura |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between relevant public interest corporations and JICA | JICA | ![LOGO](g935258g79r00.jpg)  | Institute of the Solar Boat | Institute of the Solar Boat |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between relevant public interest corporations and JICA |  | (Operation Consignment)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Association chart on transactions between relevant public interest corporations and JICA |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Assets | ¥25,978,689 | ¥25,978,689 | ¥25,978,689 | ¥25,978,689 |
| &nbsp;&nbsp;&nbsp;&nbsp; Liabilities | ¥24,352,202 | ¥24,352,202 | ¥24,352,202 | ¥24,352,202 |
| &nbsp;&nbsp;&nbsp;&nbsp; (Statement of changes in net assets) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year | - | - | - | - |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in general net assets<br> • Revenues<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subsidy received, etc. <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Other revenues<br> • Expenses | • Revenues<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subsidy received, etc.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Other revenues<br> • Expenses | • Revenues<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subsidy received, etc.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Other revenues<br> • Expenses | -<br> -<br> - |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Changes in specified net assets<br> • Revenues<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subsidy received, etc.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Other revenues<br> • Expenses | • Revenues<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subsidy received, etc.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Other revenues<br> • Expenses | • Revenues<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subsidy received, etc.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Other revenues<br> • Expenses | -<br> -<br> - |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the end of the fiscal year | ¥1,626,487 | ¥1,626,487 | ¥1,626,487 | ¥1,626,487 |
| &nbsp;&nbsp;&nbsp;&nbsp; (Statement of activities) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Balance of net assets at the beginning of the fiscal year | (¥10,923,204) | (¥10,923,204) | (¥10,923,204) | (¥10,923,204) |
| &nbsp;&nbsp;&nbsp;&nbsp; Total revenues for the current period | ¥57,045,269 | ¥57,045,269 | ¥57,045,269 | ¥57,045,269 |
| &nbsp;&nbsp;&nbsp;&nbsp; Total expenditures for the current period | ¥44,495,578 | ¥44,495,578 | ¥44,495,578 | ¥44,495,578 |
| &nbsp;&nbsp;&nbsp;Net balance of revenues and expenditures for the current period | ¥12,549,691 | ¥12,549,691 | ¥12,549,691 | ¥12,549,691 |
| &nbsp;&nbsp;&nbsp;Details of contributions and donations to basic funds of relevant public interest corporations, etc. Details of membership expenses and burden charges to be borne in order to be allocated to management expenses, operating expenses, etc. | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Details of receivables and payables to relevant public interest corporations | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Details of debt guarantee | N/A | N/A | N/A | N/A |
| &nbsp;&nbsp;&nbsp;Amounts and ratios in relation to operating revenues, order placement by JICA, etc. (amounts and ratios of competitive contracts, planning competitions and public selections, and non-competitive negotiated contracts) | Total operating revenues: | ¥39,134,911 |  |  |
|  | (Breakdown: JICA transactions |  | ¥39,134,911 | 100.0%) |
|  | Competitive contract | (| ¥0 | 0.0%) |
|  | Planning competition and public selection | (| ¥0 | 0.0%) |
|  | Non-competitive negotiated contracts | (| ¥39,134,911 | 100.0%) |
|  | Others | (| ¥0 | 0.0%) |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. (Note 2) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. (Note 2) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. (Note 2) The above amount pertains to the period from April 1, 2023, through March 31, 2024. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Note 1) Pursuant to the "Amendment Act to Promote Specified Nonprofit Activities" (established as Act No.70 of 2011), the statement of activities is prepared. (Note 2) The above amount pertains to the period from April 1, 2023, through March 31, 2024. |

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## Exhibit 99.3

**Exhibit 3** 

**Consent of Independent Auditor** 

We consent to the incorporation by reference in the Registration Statement (No. 333-268943) of Japan International Cooperation Agency of our report dated September 26, 2025, with respect to the financial statements of the general account of Japan International Cooperation Agency included in its Annual Report on Form 18-K for the year ended March 31, 2025.

/s/ Ernst & Young ShinNihon LLC

Tokyo, Japan

September 26, 2025

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**Consent of Independent Auditor** 

We consent to the incorporation by reference in the Registration Statement (No. 333-268943) of Japan International Cooperation Agency of our report dated September 26, 2025, with respect to the financial statements of the finance and investment account of Japan International Cooperation Agency included in its Annual Report on Form 18-K for the year ended March 31, 2025.

/s/ Ernst & Young ShinNihon LLC

Tokyo, Japan

September 26, 2025

## Exhibit 99.4

**Exhibit 4**![LOGO](g935258g00a02.jpg)

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## Exhibit 99.5

**Exhibit 5**![LOGO](g935258dsp029.jpg)

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![LOGO](g935258dsp030.jpg)

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(Translation)

Act of the Incorporated Administrative Agency-Japan International Cooperation Agency

Act No. 136 of December 6, 2002

Last amended by Act No. 21 of April 16, 2025

**Table of Contents**

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| | |
|:---|:---|
|  Chapter 1 | General Provisions (Articles 1 - 6) |
|  Chapter 2 | Officers and Employees (Articles 7 - 12) |
|  Chapter 3 | Operation (Articles 13 - 16) |
|  Chapter 4 | Finance and Accounting (Articles 17 - 37) |
|  Chapter 5 | Miscellaneous Provisions (Articles 38 - 44) |
|  Chapter 6 | Penal Provisions (Articles 45 - 48) |

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\* Supplementary Provisions have been omitted.

Chapter 1 General Provisions

(Purpose)

Article 1

The purpose of this Act is to provide for such matters concerning the Incorporated Administrative Agency - Japan International Cooperation Agency as for its name, objective, scope of operations, etc.

(Name)

Article 2

The name of the Incorporated Administrative Agency which is prescribed in paragraph (1) of Article 2 of the Act on General Rules for Incorporated Administrative Agency (Act No. 103 of 1999; hereinafter referred to as the "Act on General Rules") and established pursuant to the provisions of this Act and the Act on General Rules shall be the Incorporated Administrative Agency - Japan International Cooperation Agency.

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(Objective of the Agency)

Article 3

The objective of the Incorporated Administrative Agency - Japan International Cooperation Agency (hereinafter referred to as the "Agency") is to contribute to the promotion of international cooperation and to the sound development of Japan and the international socioeconomy by contributing to the development or reconstruction of the economy and society, or economic stability of overseas regions which are in the developing stage (hereinafter referred to as the "Developing Area") through the operations necessary for implementation of technical cooperation, implementation of Cooperation through Finance and Investment and Cooperation through Grantand promotion of cooperation activities of citizens toward the residents of the Developing Area; operations necessary for settling down of the emigrants to Central and South American area, etc.; and operations necessary for emergency assistance against large-scale disasters in the Developing Area, etc.

(Agency Managed Under the Medium-Term Objectives)

Article 3-2

The Agency shall be an Agency Managed under the Medium-term Objectives, which is prescribed in paragraph (2) of Article 2 of the Act on General Rules.

(Office)

Article 4

The Agency shall have its principal office in Tokyo.

(Stated Capital)

Article 5

(1) The Agency's stated capital shall be the total amounts which are deemed to have been contributed by the
Japanese Government pursuant to the provisions of paragraph (6) of Article 2 of the Supplementary Provisions and paragraph (7) of Article 2 of the Supplementary Provisions of the Act Amending in Part the Act of the Incorporated
Administrative Agency - Japan International Cooperation Agency (Act No. 100 of 2006; hereinafter referred to as the "Amendment Act").

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(2) The Japanese Government may, when it finds necessary, make additional capital contributions to the Agency
within the amounts prescribed by the budget.

(3) When a capital contribution is made by the Japanese Government pursuant to the provisions of the preceding
paragraph, the Agency shall increase its stated capital by the amount of such contribution. In such case, the relevant stated capital shall be disposed of pertaining to each account pertaining to the specific operation prescribed in each item of
paragraph (1) of Article 17 in accordance with the separation of accounting set forth in said paragraph.

(Restriction on Use of Name)

Article 6

No person other than the Agency may use the name of Japan International Cooperation Agency.

Chapter 2 Officers and Employees

(Officers)

Article 7

(1) The Agency shall have as its officers one (1) President and three (3) Auditors.

(2) The Agency may have as officers one (1) Senior Vice-President and not more than eight
(8) Vice-Presidents.

(Duties and Authorities, etc. of Senior Vice-President and Vice-Presidents)

Article 8

(1) The Senior Vice-President shall, as determined by the President, represent the Agency and manage the
Agency's operations by assisting the President.

(2) The Vice-Presidents shall, as determined by the President, manage the Agency's operations by assisting
the President (when the Senior Vice-President has been appointed, the President and the Senior Vice-President).

(3) The officer to be prescribed under the Individual Act within the meaning of paragraph (2) of Article 19 of
the Act on General Rules shall be the Senior Vice-President; provided, however, that if a Vice-President has been appointed but the Senior Vice-President has not been appointed, the officer shall be the Vice-President, and if neither the Senior
Vice-President nor a Vice-President has been appointed, the officer shall be an Auditor.

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(4) In the proviso of the preceding paragraph, the Auditor who represents the President in his or her duties or
performs his or her duties pursuant to the provisions of paragraph (2) of Article 19 of the Act on General Rules shall not perform the duties of the Auditor during such period.

(Terms of Office of the Senior Vice-President and the Vice-Presidents)

Article 9

The term of office of the Senior Vice-President shall be four (4) years, and that of the Vice-Presidents shall be two (2) years.

(Special Addition to Disqualification Clause for Officers)

Article 10

(1) In addition to those matters prescribed in Article 22 of the Act on General Rules, a person falling under any
of the following items may not become an officer:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) A person who is engaged in the business of manufacturing or selling goods or contracting for works and has a
close conflict of interest with the Agency in terms of business transactions, or if such person is a juridical person, its officers (including those who hold the authorities or control at least equivalent to those held by such officers regardless of
the title).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The officers of an organization comprised of the business operators set forth in the preceding item (including
those who hold the authority or control at least equivalent to those held by such officers regardless of the title).

(2) In the application of the provision of paragraph (1) of Article 23 of the Act on General Rules concerning
a dismissal of the officers of the Agency, the words "preceding Article" shall be treated as meaning "preceding Article and paragraph (1) of Article 10 of the Act of the Incorporated Administrative Agency - Japan International
Cooperation Agency."

(Confidentiality Obligations of Officers and Employees)

Article 11

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Neither officers nor employees of the Agency shall divulge or appropriate any confidential information that they have acquired in the course of their duties. The same shall apply after they have ceased to work for the Agency.

(Status of Officers and Employees)

Article 12

In the application of the penal provisions, such as Penal Code (Act No. 45 of 1907), the officers and the employees of the Agency shall be deemed by laws and regulations as officers engaged in public service.

Chapter 3 Operation

(Scope of Operation)

Article 13

(1) The Agency shall perform the following operations in order to achieve the objective set forth in Article 3:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To perform the following operations which are necessary for implementing the technical cooperation pursuant to
an international agreement such as a treaty:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To provide the technical trainees from the Developing Area with technical training, and to establish and manage
the facilities for training and the accommodation for the trainees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To dispatch personnel to the Developing Area for technical cooperation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To give the equipment and materials for the technical cooperation pertaining to the operation stipulated in
clause (b) and other technical cooperation to the Developing Area;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) To perform the operations that are necessary for the establishment and management of the technical cooperation
centers to be established in the Developing Area, such as dispatching personnel and procuring machinery and equipment necessary for such centers; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) To conduct basic study regarding the public development plan of the Developing Area.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To perform the following operations regarding Cooperation through Finance and Investment (referring to the
cooperation performed by the lending of funds, guaranteeing of obligations, acquiring of corporate bonds or any other bonds equivalent thereto (hereinafter referred to as "Bonds, etc. ") or making capital contributions (hereinafter in
this provision referred to as the "supply of the funds, etc.") limited to those provided under concessional terms and conditions regarding the interest rate, repayment period, etc. so that the conditions of the supply of the funds shall
not be a heavy burden on the Developing Area; the same applies below):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To lend to a government, government agency, or local government (hereinafter referred to as the
"Government, etc.") of the Developing Area, or the person designated by the Minister for Foreign Affairs such as the international organization, as Cooperation through Finance and Investment pursuant to international agreement such as a
treaty, the funds necessary for the implementation of the projects which contribute to the Developing Area's economic and social development conducted by it and also are deemed to be necessary for the promotion of economic exchange with Japan
(including the preparatory study or experimental implementation of such projects; hereinafter referred to as the "Development Projects"), or the funds necessary to accomplish a plan regarding economic stabilization of such areas; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To lend to a person designated by the Minister for Foreign Affairs, such as a juridical person or another kind
of organization in Japan or the Developing Areas, the funds required for the execution of their Development Projects; to guarantee the obligations pertaining to such funds, to acquire the Bonds, etc. issued for procuring such funds, or to make
capital contributions to such persons when there is a special necessity in order to effectuate the Development Projects.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To lend to a person designated by the Minister for Foreign Affairs, such as a legal person or another kind of
organization in Japan or the Developing Areas, the funds required for the achievement of plans established by them that contribute to the improvement of economic and social sustainability of the Developing Areas, to guarantee the obligations
pertaining to such funds, or to acquire the Bonds, etc. issued for procuring such funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To perform the following operations regarding Cooperation through Grants (referring to the cooperation
performed by donating funds or other property or by providing the payment of obligations on behalf of the Government, etc. of the Developing Area pursuant to the decisions of the Japanese Government ,; the same applies below) to the Government, etc.
of the Developing Area or the international organizations, or organizations such as juridical persons:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To perform necessary operations for the implementation of the Cooperation through Grant (excluding Cooperation
through Grant in circumstances where a part of or all of the operations necessary for the implementation of the Cooperation through Grant are designated by the Minister for Foreign Affairs to be performed directly by the Minister, based on the need
to secure agile implementation and the need in relation to executing diplomatic policy) pursuant to an international agreement such as a treaty; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To perform necessary operations such as to investigate, mediate and communicate concerning the execution of any
contract pertaining to Cooperation through Grant, other than those prescribed in clause (a), which is designated by the Minister for Foreign Affairs as being in need of the Agency's participation in order to secure its appropriate
implementation, and to perform necessary investigation regarding the status of the performance of such contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) To perform the following operations to promote and foster the volunteer activities of Japanese citizens, the
General Incorporated Associations and General Incorporated Foundations, the Specified Non-Profit Organizations prescribed in paragraph (2) of Article 2 of the Act on the Promotion of Specified Non-Profit Organization Activities (Act No. 7 of 1998), other private entities in Japan and other persons designated by the Minister for Foreign Affairs in consideration of their knowledge, technologies and
other capabilities pertaining to international cooperation, or the activities of an Incorporated Administrative Agency, which is prescribed in paragraph (1) of Article 2 of the Act on General Rules, local governments or schools, etc. (referring
to the schools prescribed in Article 1 of the School Education Act (Act No. 26 of 1947) and specialized training colleges prescribed in Article 124 of said Act), which are extended to the inhabitants of the Developing Area with the objective of
cooperating in the economic and social development or reconstruction of such Developing Area (hereafter referred to as the "Cooperation Activities of Citizens, etc." in this item and item (iii), paragraph (2) of Article 42):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To recruit, select and train individuals desiring to join the Cooperation Activities of Citizens, etc. to be
performed in unity with the inhabitants of the Developing Area, and establish and operate the facilities for their training;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To dispatch the personnel selected and trained as prescribed in clause (a) to the Developing Area pursuant
to international agreement such as treaty;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To perform the following operations for the technical cooperation extended to the Developing Area, pertaining
to the proposals which were made by those desiring to join the Cooperation Activities of Citizens, etc. and deemed appropriate by the Minister for Foreign Affairs, by entrusting their implementation to those desiring to join such Cooperation
Activities of Citizens, etc.:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To provide technical training to the technical trainees from the relevant Developing Area;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To dispatch personnel for technical cooperation to be extended to the relevant Developing Area; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To give equipment and materials for technical cooperation to be extended to the relevant Developing Area; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) To disseminate knowledge and promote the understanding of Japanese citizens regarding the Cooperation
Activities of Citizens, etc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) To perform the following operations in order to provide assistance and guidance, etc. for emigrants both within
and outside Japan in an integrated manner:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To study and disseminate knowledge with regard to emigration;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To give counsel and guidance outside Japan regarding business and occupation of emigrants and other matters
relating to emigrants' living in general; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To provide assistance such as the building of welfare facilities outside Japan which are necessary for the
settling down of the emigrants.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) To store and give materials such as the equipment and machineries for emergency relief activities, including
international emergency relief activities against large-scale disasters in the Developing Area, etc. (referring to the activities prescribed in Article 2 of the Act on Dispatch of the Japan Disaster Relief Team (Act No. 93 of 1987)).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) To train and secure the personnel necessary for the execution of the operations set forth in item (i), clause
(c) of item (iv), and preceding item, and the following paragraph.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) To conduct research and study necessary in relation to the operations set forth in each of the preceding items.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) To perform the operations incidental to the operations set forth in each of the preceding items.

(2) The Agency shall perform the following operations in addition to the operations set forth in the preceding
paragraph:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To dispatch the Japan Disaster Relief Team pursuant to the Act on Dispatch of the Japan Disaster Relief Team.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To procure or arrange for transportation of the materials such as the equipment and machineries necessary for
international emergency relief activities, pursuant to the Act on Dispatch of the Japan Disaster Relief Team.

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(3) In addition to the operations set forth in the preceding two (2) paragraphs, when the Minister for Foreign
Affairs deems it appropriate, the Agency may perform operations under entrustment made by the Government, etc. or an international organization, or an organization such as a juridical person, of Japan or a foreign state, which contribute to the
Developing Areas' economic and social development or reconstruction, or economic stabilization, to the extent that they do not interfere with the execution of the operations set forth in the preceding two (2) paragraphs.

Article 14

(1) With respect to the operations prescribed in item (ii) of paragraph (1) of the preceding Article, the
Agency shall supplement or encourage the lending of funds, guaranteeing of obligations, acquiring of the Bonds, etc. or making capital contributions conducted by ordinary financial institutions and shall not compete against them.

(2) The Agency may perform the operations prescribed in item (ii) of paragraph (1) of the preceding
Article only when the lending of funds, guaranteeing of obligations, acquiring of the Bonds, etc. or making capital contributions by ordinary financial institutions on ordinary terms is deemed difficult.

(3) The Agency may perform the operations prescribed in item (ii) of paragraph (1) of the preceding
Article only when the project plan for Development Projects, the plan concerning economic stabilization under clause (a) of said item, or the plan contributing to the improvement of economic and social sustainability under clause (c) of
said item is appropriate, and there is a prospect of their accomplishment.

(Entrustment, and Status of Officers and Employees of Banks, etc. Engaged in Entrusted Operations)

Article 15

(1) The Agency may entrust a part of the operations regarding the Cooperation through Finance and Investment
(referring to the operations prescribed in item (ii) of paragraph (1) of Article 13 and to the operations prescribed in item (viii) and item (ix) of said paragraph and in paragraph (3) of said Article pertaining to the
Cooperation through Finance and Investment hereinafter referred to as the "Operation of the Cooperation through Finance and Investment") to the banks prescribed under the Banking Act (Act No. 59 of 1981), the long-term credit banks
prescribed under the Long-Term Credit Bank Act (Act No. 187 of 1952), and other financial institutions prescribed by Cabinet Order (hereafter in this Article referred to as the "Banks, etc.").

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(2) In the application of penal provisions such as the Penal Code, an officer and an employee of the Banks, etc. to
which the operations of the Agency have been entrusted pursuant to the provisions of the preceding paragraph (hereinafter referred to as the "Trustee"), those who are engaged in the entrusted operations shall be deemed as a person
engaged in public service by laws and regulations.

(Matters to be Stated in Mid-Term Plan)

Article 16

With respect to the application to the Agency of the provisions of paragraph (2) of Article 30 of the Act on General Rules regarding the Mid-Term Plan prescribed in paragraph (1) of said Article, the words "the following matters" in paragraph (2) of said Article shall be treated as meaning "the following matters (with regard to the Operations of the Cooperation through Finance and Investment, excluding the matters listed in item (iii) and item (vii))."

Chapter 4 Finance and Accounting

(Separation of Accounting)

Article 17

(1) The Agency shall separate its accounting by each operation provided below, and allocate it by creating accounts
for each operation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The operations prescribed in Article 13 (excluding the Operations of the Cooperation through Finance and
Investment); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The Operations of the Cooperation through Finance and Investment.

(2) The accounting of the amount pertaining to each of the following items shall be allocated under the accounts
prescribed in the relevant item:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The amount which was deemed to have been contributed to the Agency pursuant to the provisions of paragraph
(6) of Article 2 of the Supplementary Provisions - the accounts pertaining to the operations prescribed in item (i) of the preceding paragraph (hereinafter referred to as the "General Accounts").

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) The amount which was deemed to have been contributed to the Agency pursuant to the provisions of paragraph
(7) of Article 2 of the Supplementary Provisions of the Amendment Act - the accounts pertaining to the Operations of the Cooperation through Finance and Investment (hereinafter referred to as the "Accounts for Finance and
Investment").

(Budget pertaining to the Operations of the Cooperation through Finance and Investment)

Article 18

(1) The Agency shall, for each business year, prepare a budget of income and expenditure pertaining to the
Operations of the Cooperation through Finance and Investment and submit it to the Minister of Finance through the competent Minister.

(2) The income referred to in the preceding paragraph shall comprise of interest on loans, obligation guarantee
fees, interest on the Bonds, etc., dividends from investments, and other income accruing from the investment of assets, and incidental miscellaneous income; and the expenditure referred to in the same paragraph shall comprise of expenses for
management of administrative duties, expenses of delegation of operations, interest on the borrowings under the provisions of paragraph (1) of Article 45 of the Act on General Rules and paragraph (1) of Article 32 of this Act, the interest
on the Agency Bonds issued pursuant to the provisions of said paragraph or paragraph (5) of said Article, and incidental expenses.

(3) Upon receipt of the budget pertaining to the Operations of the Cooperation through Finance and Investment
submitted pursuant to the provisions of paragraph (1), the Minister of Finance shall examine it, make any necessary adjustments thereto, and obtain the Cabinet's decision thereon.

(4) When the Cabinet decided on the budget pertaining to the Operations of the Cooperation through Finance and
Investment pursuant to the preceding paragraph, the Cabinet shall submit the budget to the Diet together with the national budget.

(5) The form and the contents of the budget pertaining to the Operations of the Cooperation through Finance and
Investment shall be determined by the Minister of Finance through consultation with the competent Minister.

(6) The procedures for the preparation and submission of the budget pertaining to the Operations of the Cooperation
through Finance and Investment shall be determined by the Minister of Finance.

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Article 19

The following documents shall be attached to the budget pertaining to the Operations of the Cooperation through Finance and Investment prescribed in the preceding Article:

(i) Documents concerning the business plan and financial plan pertaining to the Operations of the Cooperation
through Finance and Investment for the relevant business year;

(ii) The profit and loss statement, balance sheet, and inventory of properties pertaining to the Operations of the
Cooperation through Finance and Investment for the business year prior to the preceding business year;

(iii) The estimated profit and loss statement and estimated balance sheet pertaining to the Operations of the
Cooperation through Finance and Investment for the preceding and current business years;

(iv) Any other reference materials with respect to the budget concerned.

(Contingency pertaining to the Operations of the Cooperation through Finance and Investment)

Article 20

The Agency may include contingency in its budget pertaining to the Operations of the Cooperation through Finance and Investment to cover a shortfall in the expenditure budget which may arise from unforeseeable causes.

(Resolution on Budget pertaining to the Operations of the Cooperation through Finance and Investment)

Article 21

The resolution of the Diet on the budget pertaining to the Operations of the Cooperation through Finance and Investment shall be governed by the same rules as those for the resolution on the national budget.

(Notification of Passing of Budget pertaining to the Operations of the Cooperation through Finance and Investment)

Article 22

(1) When the budget pertaining to the Operations of the Cooperation through Finance and Investment has been
resolved on by the Diet, the Cabinet shall immediately notify the Agency to that effect through the competent Minister.

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(2) The Agency may not execute its budget before it receives notification pursuant to the provision of the
preceding paragraph.

(3) When the notification has been made pursuant to the provisions of paragraph (1), the Minister of Finance shall
immediately notify the Board of Audit to that effect.

(Supplementary Budget pertaining to the Operations of the Cooperation through Finance and Investment)

Article 23

(1) The Agency may, when it becomes necessary to revise the budget pertaining to the Operations of the Cooperation
through Finance and Investment because of an event which has occurred after the preparation of the budget, prepare a supplementary budget pertaining to the Operations of the Cooperation through Finance and Investment and submit it to the Minister of
Finance through the competent Minister by attaching thereto the documents prescribed in item (i), item (iii) and item (iv) of Article 19 which have been revised as a result of the preparation of the relevant supplementary budget (excluding
the estimated profit and loss statement and estimated balance sheet pertaining to the Operations of the Cooperation through Finance and Investment for the preceding business year); provided, however, that a supplementary budget pertaining to the
increase of the budget may be prepared only in the case where it became urgently necessary as a result of an event which has occurred after the preparation of the relevant budget.

(2) The provisions of paragraph (2) through paragraph (6) of Article 18 and of the preceding two
(2) Articles shall apply *mutatis mutandis* to the supplementary budget pertaining to the Operations of the Cooperation through Finance and Investment prescribed in the preceding paragraph.

(Provisional Budget pertaining to the Operations of the Cooperation through Finance and Investment)

Article 24

(1) The Agency may, when necessary, prepare a provisional budget pertaining to the Operations of the Cooperation
through Finance and Investment for a specific period within a business year and submit it to the Minister of Finance through the competent Minister, together with the business plan and financial plan pertaining to the Operations of the Cooperation
through Finance and Investment for the relevant period and other reference materials relevant to that provisional budget.

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(2) The provisions of paragraph (2) through paragraph (6) of Article 18, Article 21, and Article 22 shall
apply *mutatis mutandis* to the provisional budget pertaining to the Operations of the Cooperation through Finance and Investment prescribed in the preceding paragraph.

(3) The provisional budget pertaining to the Operations of the Cooperation through Finance and Investment shall
cease to be effective when Diet approval of the budget pertaining to the Operations of the Cooperation through Finance and Investment for the business year has been obtained; and if expenditures have been made under the provisional budget pertaining
to the Operations of the Cooperation through Finance and Investment, they shall be deemed to have been made pursuant to the budget pertaining to the Operations of the Cooperation through Finance and Investment for that business year.

(Execution of Budget pertaining to the Operations of the Cooperation through Finance and Investment)

Article 25

The Agency shall not use the budget for the expenditure pertaining to the Operations of the Cooperation through Finance and Investment for any other purpose than those prescribed in the relevant budget.

Article 26

(1) The Agency may not divert the amount of the expense designated in the budget pertaining to the Operations of
the Cooperation through Finance and Investment to other purpose without obtaining the approval of the Minister of Finance.

(2) When the Agency intends to obtain the approval pursuant to the provisions of the preceding paragraph, it shall
do so through the competent Minister.

(3) When the Minister of Finance has granted the approval set forth in the preceding paragraph, the Minister of
Finance shall immediately notify the Board of Audit to that effect.

(4) When the Minister of Finance has granted the approval pursuant to the paragraph (1), the Minister of Finance
shall without delay notify the competent Minister to that effect.

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Article 27

(1) When the Agency makes use of a contingency pertaining to the Operations of the Cooperation through Finance and
Investment, it shall immediately notify the Minister of Finance to that effect through the competent Minister.

(2) Upon receipt of the notification pursuant to the provision of the preceding paragraph, the Minister of Finance
shall immediately notify the Board of Audit to that effect.

(Financial Statements, etc. pertaining to the Operations of the Cooperation through Finance and Investment)

Article 28

(1) The Agency shall prepare an inventory of property and a balance sheet (including an electromagnetic record
(referring to a record made by an electronic method, magnetic method and other method which may not be recognized by human perception and is designated by Minister of Finance as the record to be used for the information processing by a computer;
hereinafter the same shall apply in this paragraph and paragraph (1) of Article 30) which records the items to be stated in such inventory of property and balance sheet) pertaining to the Operations of the Cooperation through Finance and
Investment for each half-year period from April to September and from October to March of the following year, and profit and loss statement (including an electromagnetic record which records the items to be stated in such profit and loss statement)
pertaining to the Operations of the Cooperation through Finance and Investment for each of the said half-years and for each business year (hereinafter referred to as "Financial Statements"), and make a report of them together with an
audit report thereon to the Minister of Finance through the competent Minister within two (2) months of the end of the relevant half-year and within three (3) months of the end of the relevant business year.

(2) When the Agency has made a report of the Financial Statements prescribed in the preceding paragraph, it shall
without delay give public notice thereof in the official gazette, keep the Financial Statements and the annexed specifications and also the audit report set forth in said paragraph at all of its offices and make such documents available for public
inspection during the period prescribed by the Ordinance of the Ministry of Finance.

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(3) When the Agency completed the settlement of accounts pertaining to the Operations of the Cooperation through
Finance and Investment, the Agency shall without delay keep a business report on its operations pertaining to the Operations of the Cooperation through Finance and Investment for that business year at all its offices and make it available for public
inspection during the period prescribed in the Ordinance of the Ministry of Finance.

(4) The items to be stated in the annexed specifications prescribed in paragraph (2) and the business report
prescribed in the preceding paragraph shall be provided for in the Ordinance of the Ministry of Finance.

(5) The provision of Article 38 of the Act on General Rules shall not be applicable to the Financial Statements
pertaining to the Operations of the Cooperation through Finance and Investment.

(Settlement of Accounts pertaining to the Operations of the Cooperation through Finance and Investment)

Article 29

The Agency shall complete the settlement of accounts pertaining to the Operations of the Cooperation through Finance and Investment for each business year by not later than May 31 of the following business year.

Article 30

(1) After the completion of the settlement of accounts pertaining to the Operations of the Cooperation through
Finance and Investment, the Agency shall prepare a report of the settlement of accounts pertaining to the Operations of the Cooperation through Finance and Investment for each business year (including any electromagnetic records which records the
items to be stated in such report of the settlement of accounts) according to the classifications in the budget pertaining to the Operations of the Cooperation through Finance and Investment, and submit it to the Minister of Finance without delay
through the competent Minister by attaching thereto an audit report regarding such report on the settlement of accounts as well as the Financial Statements pertaining to the Operations of the Cooperation through Finance and Investment which have
been submitted to the Minister of Finance pursuant to the provision of paragraph (1) of Article 28.

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(2) When the Minister of Finance receives the submission of the report on the settlement of accounts and the
Financial Statements pertaining to the Operations of the Cooperation through Finance and Investment pursuant to the provision of the preceding paragraph, the Minister of Finance shall send them to the Cabinet.

(3) When the Cabinet receives the report on the settlement of accounts and the Financial Statements pertaining to
the Operations of the Cooperation through Finance and Investment pursuant to the provision of the preceding paragraph, it shall send them to the Board of Audit by November 30 of the following business year, and after the inspection by the Board
of Audit, submit them to the Diet together with the settlement of accounts of the national revenue and expenditure.

(4) After the Agency has submitted the report on the settlement of accounts pertaining to the Operations of the
Cooperation through Finance and Investment pursuant to the provision of paragraph (1), it shall, without delay, keep at each of its office the report on the settlement of accounts and the audit report set forth in said paragraph and make them
available for public inspection during the period prescribed by the Ordinance of the Ministry of Finance.

(5) The form and content of the report of the settlement of accounts pertaining to the Operations of the
Cooperation through Finance and Investment provided for in paragraph (1) shall be determined by the Minister of Finance.

(6) The provision of paragraph (5) of Article 28 shall apply *mutatis mutandis* to the report on the
settlement of accounts pertaining to the Operations of the Cooperation through Finance and Investment.

(Special Provisions, etc. regarding Disposition of Profit and Loss)

Article 31

(1) With respect to the General Accounts, if, after making the allocation under the provision of paragraph
(1) or paragraph (2) of Article 44 of the Act on General Rules pertaining to the last business year of the period for the Mid-Term Objective (hereinafter referred to as the "Mid-Term Objective Period" in this paragraph) prescribed in item (i) of paragraph (2) of Article 29 of the Act on General Rules, there is any reserve fund for the General Accounts prescribed
in paragraph (1) of Article 44 of said Act, the Agency may allocate the portion of such amount, pertaining to which the approval of the Minister for Foreign Affairs has been obtained, as a source of financing the operations prescribed in item
(i) of paragraph (1) of Article 17 for the Mid-Term Objective Period following the relevant Mid-Term Objective Period, as prescribed by the Mid-Term Plan pertaining to which the approval under paragraph (1) of Article 30 of the Act on General Rules has been obtained (if the approval for its revision has been obtained under the provision of the second
sentence of said paragraph, referring to the Mid-Term Plan as so revised) for such following Mid-Term Objective Period.

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(2) If there is any residual amount in the reserve fund for the General Accounts prescribed in the preceding
paragraph after deducting the amount for which the approval has been obtained pursuant to the provision of said paragraph from the amount of the said reserve fund, the Agency shall pay such residual amount to the National Treasury.

(3) In addition to the matters provided for in the preceding two (2) paragraphs, the procedures for the
payments of amounts payable pertaining to the General Accounts and other necessary matters concerning the disposal of the reserve fund for the General Accounts shall be provided by Cabinet Order.

(4) With respect to the Accounts for the Finance and Investment for each business year, if the calculation of
profits and losses resulted in a profit, the Agency shall use it to make up the losses carried forward from the preceding business year, and if there is still any residual amount, shall accumulate such amount as a reserve fund until it reaches the
amount equal to the amount of stated capital allocated for the Accounts for the Finance and Investment.

(5) With respect to the Accounts for Finance and Investment for each business year, if the calculation of profits
and losses resulted in a loss, the Agency shall allocate it by reducing the reserve fund pursuant to the provision of the preceding paragraph, and if there still is a shortfall, shall allocate the amount of such shortfall as a carried forward loss.

(6) The reserve fund prescribed in paragraph (4) shall not be drawn down except for the purpose of covering
losses incurred in the Accounts for Finance and Investment.

(7) The Agency shall pay the balance, obtained by deducting the amount accumulated as the reserve fund pursuant to
the provision of paragraph (4) from the residual amount prescribed in said paragraph, to the National Treasury by May 31 of the following business year.

(8) The Japanese Government may have a portion of the payment amount prescribed by the provision of the preceding
paragraph paid to the National Treasury during the relevant business year based on the estimation pursuant to the provision of Cabinet Order.

(9) In addition to the matters provided for in the preceding paragraph, the procedures for the payment of the
amount payable pertaining to the Accounts for Finance and Investment pursuant to the provision of paragraph (7) and other necessary matters concerning the amount payable shall be prescribed by Cabinet Order.

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(10) The provision of Article 44 of the Act on General Rules shall not be applicable to the Accounts for Finance and
Investment.

(Long-Term Borrowing and Japan International Cooperation Agency Bond under the Accounts for Finance and Investment)

Article 32

(1) The Agency may borrow funds from the Japanese Government or a person designated by the competent Minister on a
long-term basis or issue an Japan International Cooperation Agency Bond (hereinafter referred to as the "Agency Bond")in order to collect resources for financing the funds necessary to perform the Operations of the Cooperation through
Finance and Investment.

(2) The funds procured by the long-term borrowing or issuance of the Agency Bond pursuant to the provisions of the
preceding paragraph shall belong to the Accounts for Finance and Investment.

(3) For each business year, the Agency shall prepare, pursuant to the provision of Cabinet Order, a basic policy
regarding the issuance of the Agency Bond prescribed by paragraph (1), and obtain the approval from the competent Minister. The same shall apply when the Agency intends to revise such policy.

(4) When the Agency has issued the Agency Bond pursuant to the provision of paragraph (1), it shall without delay
notify to that effect to the competent Minister pursuant to the provision of Cabinet Order.

(5) In addition to the matters provided for in paragraph (1), the Agency may, pursuant to the provision of Cabinet
Order, issue Agency Bond, when it is necessary to deliver to a person who has lost his or her Agency Bond.

(6) The obligees pertaining to the Agency Bond issued pursuant to the provision of paragraph (1) or the
preceding paragraph shall have the right to receive payment for their claims with priority, regarding the property of the Agency, to other creditors.

(7) The order of priority of the statutory lien set forth in the preceding paragraph shall be second to the general
statutory lien under the provisions of the Civil Code (Act No. 89 of 1896).

(8) The Agency may entrust the whole or a part of any administrative entities related to the issuance of Agency
Bond to banks, trust corporations, or persons conducting the financial instruments business (referring to the financial instruments business prescribed in paragraph (8) of Article 2 of the Financial Instruments and Exchange Act (Act No. 25
of 1948); the same shall apply in the next paragraph).

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(9) The provision of paragraph (1) and paragraph (2) of Article 705 and Article 709 of the Companies Act
(Act No. 86 of 2005) shall apply *mutatis mutandis* to the banks, trust corporations, or persons conducting the financial instruments business to which the entrustment was made pursuant to the provision of the preceding paragraph.

(10) In addition to the matters provided for in the preceding paragraphs, necessary matters relating to the Agency
Bond shall be prescribed by Cabinet Order.

(Limitation of Amount of Borrowing, etc. under the Accounts for Finance and Investment)

Article 33

(1) The total of the outstanding amount of short-term borrowings pursuant to the provisions of paragraph (1),
Article 45 of the Act on General Rules, the outstanding amount of long-term borrowings pursuant to the provision of paragraph (1) of the preceding Article, and the outstanding amount of the obligations pertaining to the principal of the Agency
Bond issued pursuant to the provision of said paragraph shall not exceed the amount which is three times of the sum of the amount of the portion of the stated capital prescribed in Article 5 which is allocated to the Accounts for Finance and
Investment and the amount of the reserve fund prescribed in paragraph (4) of Article 31.

(2) Notwithstanding the provision of the preceding paragraph, with respect to the Agency Bond, if it is necessary
for refinancing those already issued, the Agency Bond may be issued temporarily in excess of such amount.

(Government Guarantee)

Article 34

(1) Notwithstanding the provision of Article 3 of the Act on Restriction on Financial Assistance by the Japanese
Government to Juridical Persons (Act No. 24 of 1946), the Japanese Government may guarantee the obligations pertaining to an Agency Bond issued pursuant to the provision of paragraph (1) of Article 32 (excluding the obligations which the
Japanese Government may guarantee pursuant to Article 2 of the Act concerning Special Measures with respect to Acceptance of Foreign Capital from the International Bank for Reconstruction and Development, etc. (Act No. 51 of 1953) (hereinafter
referred to as the "Foreign Capital Acceptance Act" in this Article); the same being applicable in paragraph (3)) within the amount prescribed by the budget.

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(2) When, with respect to the amount prescribed in a budget referred to in the preceding paragraph, it is difficult
to provide the amount of obligations with respect to an Agency Bond denominated in Japanese currency to be issued in a foreign country as distinct from the amount prescribed in a budget referred to in paragraph (2), Article 2 of the Foreign Capital
Acceptance Act, it may be prescribed in aggregate with such amount.

(3) The Japanese Government may, in addition to the cases prescribed in paragraph (1), guarantee the obligations
with respect to an Agency Bond issued by the Agency pursuant to paragraph (5), Article 32.

(Granting Funds)

Article 35

(1) Within the limitation of the budget, the Japanese Government shall grant the Agency the funds which are
necessary for the Agency to allocate for the gift or payment of obligations under the Cooperation through Grant prescribed in clause (a), item (iii) of paragraph (1) of Article 13 (hereinafter referred to as the "Gift, etc." in
this Article) on a plan-to-plan basis of such Cooperation through Grant.

(2) The Agency shall allocate the funds granted pursuant to the provision of the preceding paragraph as funds to be
appropriated for the Gift, etc. on a plan-to-plan basis of Cooperation through Grants.

(3) When the Minister of Foreign Affairs finds that the relevant plan of the Cooperation through Grants that has
received funding pursuant to the provision of paragraph (1) has been suspended, the Agency shall pay the funds managed for the relevant plan to the National Treasury, excluding the funds which are expected to be necessary to allocate for the
Gift, etc. for the relevant plan at that point in time; provided, however, that if the Minister of Foreign Affairs so approves, all or part of the funds managed for the relevant plan may be used for the Gift, etc. until the termination of one
business year following the date on which the Minister of Foreign Affairs acknowledges that the relevant plan has been suspended.

(4) If there is any residual amount of the reserve fund granted pursuant to the provision of paragraph
(1) even after the completion of the relevant plan of the Cooperation through Grant, the Agency shall pay such residual amount to the National Treasury; provided, however, that in the case where the approval of the Minister for Foreign Affairs
has been obtained, the whole or a part of such residual amount may be allocated for the Gift, etc. of the business year which immediately follows the business year in which the date of completion of the relevant plan falls.

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(Special Provisions for Investment of Surplus Fund)

Article 36

Notwithstanding the provision of Article 47 of the Act on General Rules, the Agency may invest the operational surplus fund belonging to the Accounts for Finance and Investment in the following manners:

(i) Depositing in the Fiscal Loan Fund;

(ii) Depositing in the Bank of Japan;

(iii) Holding negotiable bank deposit certificates; and

(iv) Other methods designated by the competent Minister as safe and efficient method.

(Mutatis Mutandis Application of the Act on the Normalization of Execution of the Budget pertaining to Subsidy, etc.)

Article 37

The provisions (including penal provisions) of the Act on the Normalization of Execution of the Budget pertaining to Subsidy, etc. (Act No. 179 of 1955) shall apply *mutatis mutandis* to the subsidy granted by the Agency pursuant to the provision of clause (c), item (v) of paragraph (1) of Article 13. In this case, the terms "each ministry and each agency" in said Act (excluding paragraph (7) of Article 2) shall be deemed to be replaced with "the Incorporated Administrative Agency-Japan International Cooperation Agency"; the terms "the head of each ministry and each agency" in said Act (excluding paragraph (7) of Article 2) with "the President of the Incorporated Administrative Agency-Japan International Cooperation Agency"; the terms "the State" in paragraph (1) and paragraph (4) of Article 2, paragraph (2) of Article 7, paragraph (1) and paragraph (2) of Article 19, Article 24, and Article 33 of said Act with "the Incorporated Administrative Agency-Japan International Cooperation Agency"; and the terms "the fiscal year of the State" in Article 14 of said Act with "the business year of the Incorporated Administrative Agency-Japan International Cooperation Agency".

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Chapter 5 Miscellaneous Provisions

(Report and Inspection)

Article 38

(1) When the competent Minister finds it necessary for the enforcement of this Act, the competent Minister may have
the Trustee make a report within the scope of the operations entrusted to such Trustee, or cause the Minister's staff members to enter the offices of the Trustee and inspect the status of the operations or books and records, documents and
other necessary articles.

(2) When an employee is to perform the on-site inspection pursuant to the
provision of the preceding paragraph, such member shall carry with him or her an identification card and present it to the persons concerned.

(3) The authority to perform the on-site inspection prescribed in paragraph
(1) shall not be interpreted to have been granted for a criminal investigation.

(Delegation of Authority)

Article 39

(1) The competent Minister may delegate a part of the authority to perform the on-site inspection prescribed in paragraph (1) of Article 64 of the Act on General Rules and paragraph (1) of the preceding Article to the Prime Minister pursuant to the provision of Cabinet Order;
provided, however, that it shall be limited to the scope of the Operations of the Cooperation through Finance and Investment.

(2) When the Prime Minister performs the on-site inspection pursuant to the
provision of paragraph (1) of Article 64 of the Act on General Rules or paragraph (1) of the preceding Article based on the delegation prescribed in the preceding paragraph, the Prime Minister shall promptly report its result to the
competent Minister.

(3) The Prime Minister delegates the authority delegated pursuant to the provision of paragraph (1) and the
authority prescribed in the preceding paragraph to the Commissioner of the Financial Services Agency.

(4) The Commissioner of the Financial Services Agency may delegate the whole or a part of the authority delegated
pursuant to the provision of the preceding paragraph to the Director-General of the Local Finance Bureau or to the Director-General of the Local Finance Branch Bureau.

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(Request of the Minister for Foreign Affairs, etc. in the Case of Urgent Necessity)

Article 40

(1) The Minister for Foreign Affairs may request the Agency to take necessary measures with regard to the
operations prescribed in Article 13 or to its offices located abroad when the Minister finds it urgently necessary for the execution of diplomatic policies because of a drastic change in the international situations or in response to a request, etc.
made by a foreign government or international organization (including international conferences and other frameworks for international cooperation), or when the Minister finds it urgently necessary in response to a request made by a relevant
administrative organ.

(2) The competent Minister may request the Agency to take necessary measures with regard to the matters listed in
item (ii) of paragraph (1) of Article 43 when the Minister finds it urgently necessary to avoid the situation of significantly exacerbating finances pertaining to the Operations of the Cooperation through Finance and Investment.

(3) When the request pursuant to the provision of paragraph (1) was made by the Minister for Foreign Affairs,
or when the request was made pursuant to the provision of the preceding paragraph by the competent Minister, the Agency shall meet such request in the absence of a justifiable reason not to do so.

(Communication, etc.)

Article 41

(1) The Agency shall have close liaison with the local governments regarding the administration of the operations
listed in item (i), clause (a) and clause (b) of item (iv), item (v), and item (vi) of paragraph (1) of Article 13, and in paragraph (2) of said Article.

(2) Local governments shall endeavor to cooperate with the Agency regarding the administration of the operations
prescribed in the preceding paragraph.

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(Consultation)

Article 42

(1) The Minister for Foreign Affairs shall consult with the Minister of Finance in the following cases:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) When the Minister for Foreign Affairs intends to appoint the Auditor pursuant to the provision of paragraph
(2) of Article 20 of the Act on General Rules;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) When the Minister for Foreign Affairs intends to grant the approval pursuant to the provision of paragraph
(1) of Article 31 pertaining to the operations listed in item (i) of paragraph (1) of Article 17; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) When the Minister for Foreign Affairs intends to grant the approval pursuant to the provision of the proviso of
paragraph (3) or the proviso of paragraph (4) of Article 35.

(2) The Minister for Foreign Affairs shall consult with the head of the relevant administrative organ (excluding
the Minister of Finance in the cases of item (i) and item (ii)) in the following cases:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) When the Minister for Foreign Affairs intends to set up or revise the Mid-Term Objective pursuant to the provision of paragraph (1) of Article 29 of the Act on General Rules pertaining to the operations listed in item (i) and item (iv) through item (vii) of
paragraph (1) of Article 13;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) When the Minister for Foreign Affairs intends to grant the approval pursuant to the provision of paragraph
(1) of Article 30 of the Act on General Rules pertaining to the operations listed in item (i) and item (iv) through item (vii) of paragraph (1) of Article 13; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) When the Minister for Foreign Affairs intends to confirm the appropriate operations to be performed by the
Agency through the entrustment to the persons desiring to join the Cooperation Activities of Citizens, etc. pertaining to the operations listed in clause (c), item (iv) of paragraph (1) of Article 13.

(3) With respect to the operations prescribed in item (ii) of paragraph (1) of Article 13, the Minister
for Foreign Affairs shall consult with the Minister of Finance and the Minister of Economy, Trade and Industry in the cases of item (i) through item (iv), and shall consult with the Minister of Economy, Trade and Industry in the cases of item
(v) and item (vi):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) When the Minister for Foreign Affairs intends to designate the person to whom the Agency will lend the funds,
whose obligations the Agency will guarantee, from whom the Agency will acquire the Bonds, etc. or to whom the Agency will make capital contributions pursuant to the provision of item (ii) of paragraph (1) of Article 13;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) When the Minister for Foreign Affairs intends to make a request for the implementation of necessary measures
pursuant to the provision of paragraph (1) of Article 40;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) When the Minister for Foreign Affairs intends to grant the approval pursuant to the provision of paragraph
(1) of Article 28 of the Act on General Rules;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) When the Minister of Foreign Affairs intends to provide for the Ordinance of the Ministry of Foreign Affairs
pursuant to the provision of paragraph (2) of Article 28 of the Act on General Rules;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) When the Minister for Foreign Affairs intends to set up or revise the Mid-Term Objective pursuant to the provision of paragraph (1) of Article 29 of the Act on General Rules; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) When the Minister for Foreign Affairs intends to grant the approval pursuant to the provision of paragraph
(1) of Article 30 of the Act on General Rules.

(4) With respect to the operations prescribed in clause (a), item (ii) of paragraph (1) of Article 13,
the Minister for Foreign Affairs shall hear the opinions of the head of the relevant administrative organ in the events set forth in the following items regarding the matters prescribed in the relevant item (excluding the matters relating to the
officers and employees, and finance and accounting, and other managerial operations (referred to as the "Managerial Operations" in paragraph (1) of the following Article)):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) When the Minister for Foreign Affairs intends to set up or revise the Mid-Term Objective pursuant to the provision of paragraph (1) of Article 29 of the Act on General Rules - the matters listed in item (ii), item (iii) and item (v) of paragraph (2) of said
Article; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) When the Minister for Foreign Affairs intends to grant the approval pursuant to the provision of paragraph
(1) of Article 30 of the Act on General Rules - the matters listed in item (i), item (ii), and item (viii) of paragraph (2) of said Article.

(Competent Minister, etc.)

Article 43

(1) The competent Minister under this Act and the Act on General Rules pertaining to the Agency shall be as
follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) With respect to the matters relating to the managerial operations (excluding those listed in the next item) -
the Minister for Foreign Affairs;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) With respect to the matters relating to the managerial operations which are of finances and accounting
pertaining to the Operations of the Cooperation through Finance and Investment - the Minister for Foreign Affairs and the Minister of Finance; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) With respect to the matters other than the managerial operations - the Minister for Foreign Affairs.

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(2) The competent Ordinance under the Act on General Rules pertaining to the Agency shall be the orders issued by
the competent Minister.

(Exclusion from Application of the National Public Officers Housing Act)

Article 44

The provisions of the National Public Officers Housing Act (Act No. 117 of 1949) shall not be applicable to the officers and employees of the Agency.

Chapter 6 Penal Provisions

Article 45

Any person who, in violation of the provision of Article 11, has divulged or appropriated any confidential information, shall be punished by imprisonment with work for not more than one (1) year or a fine of not more than 300,000 yen.

Article 46

(1) The officer or employee of the Trustee who failed to submit a report or submitted a false report prescribed in
paragraph (1) of Article 38, or refused, obstructed, or recused the inspection pursuant to the provision of said paragraph shall be punished by a fine of not more than 300,000 yen.

(2) With respect to the application of the provision of Article 70 of the Act on General Rules pertaining to the
officers or employees of the Agency, the words "200,000 yen" shall be treated as meaning "300,000 yen."

Article 47

The officer or employee of the Agency who has fallen under any of the following items shall be punished by a non-penal fine of not more than 200,000 yen:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) When the officer or employee conducted an operation other than the operations prescribed in Article 13;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) When the officer or employee failed to obtain the approval of the Minister for Foreign Affairs or the Minister
of Finance where such approval is required pursuant to the provision of this Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) When the officer or employee failed to obtain the approval of the competent Minister where such approval is
required pursuant to the provision of this Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) When the officer or employee failed to notify or made a false notification to the Minister of Finance or the
competent Minister where such notification is required pursuant to the provision of this Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) When the officer or employee borrowed funds or issued a bond in violation of the provision of paragraph
(1) of Article 33; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) When the officer or employee invested the operational surplus funds in violation of the provision of Article
36. Article 48

A person who has violated the provision of Article 6 shall be punished by a non-penal fine of not more than 100,000 yen.

## Exhibit 99.6

**Exhibit 6** 

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| | |
|:---|:---|
| ![LOGO](g935258g77a90.jpg) | Otemachi Park Building<br> 1-1-1 Otemachi, Chiyoda-ku<br> Tokyo 100-8136, Japan |

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**CERTIFICATE** 

I, attorney-at-law, do hereby certify that attached hereto are true, correct and complete copies of the following law and an excerpt from law, with true and correct English translations of such law and an excerpt and that these law and excerpt are in full force and effect as of the date hereof,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Act of the Incorporated Administrative Agency - Japan International Cooperation Agency (Act No. 136 of 2002); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Excerpts from Act Concerning Special Measures with respect to Acceptance of Foreign Capital from International Bank for Reconstruction and Development, etc. (Act No. 51 of 1953) (Article 2, Paragraph 2 of Article 3, Paragraph 1 of Article 5 and Paragraph 2 of Supplementary Provisions).

IN WITNESS WHEREOF, I have hereunto set my hand this 26th day of September 2025.

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| | |
|:---|:---|
| Anderson Mori & Tomotsune | Anderson Mori & Tomotsune |
| By | /s/ Hiroto Ando |
|  | **Hiroto Ando** |

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