Financial Data

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Twenty-one consolidated companies are as follows

Hills Club, Inc.; Mori Hospitality Corporation; Mori Building Investment Management Co., Ltd.; Mori Urban Planning Corporation; VenusFort, Inc.; M&I ART CO., LTD.; Shishido Golf Club Co., Ltd.; Roppongi Energy Service Co., Ltd.; ARK Hills Heating & Cooling Supply Co., Ltd.; eHills Corporation; Shanghai World Financial Center Co., Ltd.; Shanghai Senmao International Real Estate Co., Ltd.; Dalian Senmao Building Co., Ltd. et al.

Two equity method affiliated companies are as follows

Prime Stage Co., Ltd.; Mori Hills REIT Investment Corporation

Mori Building Co., Ltd. is rated A-/Stable on senior debt by Japan Credit Rating Agency, Ltd. as of March 23, 2011.

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