Japan Retail Fund Investment Corporation provided earnings guidance for the six months and fiscal year 2021. For the nine months of 2020, taking into consideration downside risks, the company factored in declines in revenue of approximately JPY 800 million and JPY 200 million for the 37th and 38th periods, respectively. For the year 2021, while considering the potential for a delay in leasing activities at a portion of assets held compared with initial plans, the company again factored in a decrease in revenue of around JPY 200 million as a result of COVID-19 in similar fashion to the 37th period. Taking each of the aforementioned factors into consideration, the company anticipates earnings per unit or EPU will come in at JPY 4,300. DPU is forecast to reach JPY 4,500 after completing a partial reversal of reserves.