Item 2. Properties
ITEM
2. PROPERTIES
Our
corporate headquarters are located at 1-2-33, Higashigotanda, Shinagawa-ku, Tokyo, Japan, where we lease approximately 7,863 rentable
square feet of office space from an unaffiliated third party. This lease has an original term ending in September 2025 with an automatic
two-year renewal option. Terms of the office lease provide for a base rent payment of $23,475 per month and a share of sales taxes of
$2,348 per month. We also have an office at 2-4-35, Mekaru, Naha-city, Okinawa, Japan, where we lease approximately 890 rentable square
feet of office space from an unaffiliated third party. This lease has an original term ending in August 2024 with automatic annual renewal
option. Terms of the Okinawa office lease provide for a base rent payment of $1,270 per month and a share of sales taxes of $127 per
month. We believe that these facilities are adequate for our current and near-term future needs.
The
office of HeartCore Capital Advisors, Inc. are located at 3-2-5 Kasumigaseki, Chiyoda-ku, Tokyo, Japan, where we lease approximately
1,379 rentable square feet of office space from an unaffiliated third party. This lease has lease term ending in June 2026. Terms of the office lease provide for a base rent payment of $9,428 per month and a share of
sales taxes of $943 per month.
The office of Sigmaways, Inc. are located at 39737 Paseo Padre PKWY, Suite C1 Fremont, CA, the United States, where we lease approximately
765 square feet of office space from an unaffiliated third party with lease term ending in December 2024. Terms of the office lease provide
for a base rent payment of $1,810 per month.
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