Securities Report (Domestic Investment Trust Beneficiary Certificates) - 10th Period (2025/04/24 - 2026/04/23)

Nakao Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 10th Period (2025/04/24 - 2026/04/23)

This Securities Report has been prepared in accordance with the Financial Instruments and Exchange Act, disclosing comprehensive information regarding domestic investment trusts established by Nakao Asset Management Co., Ltd. The reporting period covers the 10th fiscal term from April 24, 2025, to April 23, 2026, and includes detailed disclosures on investment performance, financial status, risk factors, and changes in investment policies.

The company prioritizes investor protection and market transparency, fulfilling its obligation to provide accurate and timely information to investors through this report. The content encompasses net asset value, dividend distribution records, investment returns, fee structures, portfolio composition, governance frameworks, and internal control systems in detail.

Furthermore, the report addresses key contemporary themes in asset management, including ESG investment initiatives, climate risk assessment methodologies, enhanced cybersecurity measures, and the integration of AI-driven analytical tools in investment decision-making. These disclosures serve as critical benchmarks for institutional and individual investors when making informed investment decisions.

Going forward, the company will continue to monitor global and domestic market developments and maintain high-quality, transparent disclosures to uphold investor trust. The company also aims to enhance the readability and accessibility of its reports through digital transformation. Recognizing the role of investment trusts in long-term wealth creation, Nakao Asset Management remains committed to sustainable investment practices that contribute to a resilient society.