LTV
LTV (Interest-bearing Debt/Total Assets) as of end of the 20th Period
LTV as of end of the 20th Period (September 30, 2011) is shown below.
| Total Assets (¥mln) |
Interest-bearing Debt (¥mln) |
LTV (Interest-bearing Debt/ Total Assets) |
|---|---|---|
| 643,949 | 269,350 | 41.8% |
LTV (Interest-bearing Debt/Total Assets)
The LTV trend of JRE is shown as follows:


| * | LTV(%) = Interest-bearing debt / Total assets x 100 |
| * | Long-term, fixed-interest debt ratio = (Long-term, fixed-interest loans + Investment corporation bonds (including current portion of Long-term, fixed-interest loans and Investment corporation bonds)) / Total Interest-bearing debts |

