Exhibit 7.E
EXPENSES
Expenses payable, other than underwriting commissions, by JICA in connection with the issuance and sale of the Securities are estimated as follows (yen amounts have been translated into U.S. dollar amounts using the exchange rate of JPY 145.15 = U.S.$1.00, the spot buying rate quoted on the Tokyo Foreign Exchange on May 9, 2025, as reported by the Bank of Japan at 5:00 p.m., Tokyo time):
| Securities and Exchange Commission registration fee | $ | 8,440 |
| Fiscal Agent’s fee, including printing and engraving the Securities | 150,000 | |
| Printing expenses | 15,500 | |
| Legal fees and expenses | 100,000 | |
| Miscellaneous, including reimbursement in lieu of underwriters’ expenses | 277,110 | |
| Total | $ | 551,050 |