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1. Financial Highlights (P.3～6)
2. Investment Results and Outlook (P.9～12)
3. Future EPU & DPU Growth (P.15～16)
4. ESG Initiatives (P.19～20)
5. Appendix (P.23～42)

4. ESG Initiatives

（Initiatives of NBF and NBFM）

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4-1ESG Initiatives

4-2Environmental Performance

Nippon Building Fund

1H 2025 (48th Period) Investor Presentation

1. Financial Highlights (P.3～6)
2. Investment Results and Outlook (P.9～12)
3. Future EPU & DPU Growth (P.15～16)
4. ESG Initiatives (P.19～20)
5. Appendix (P.23～42)

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