EXHIBIT 5.E.

EXPENSES

     Expenses, other than underwriting discounts and commissions, payable by JFM in connection with the issuance and sale of the Bonds are estimated as follows (yen amounts have been translated into U.S. dollar amounts using the exchange rate of JP¥ 81.67 = US$1.00 the noon buying rate for yen on December 30, 2010, as reported by the Federal Reserve Bank of New York):

Securities and Exchange Commission registration fee		$	35,130
Fiscal Agent’s fee, including printing and engraving Bonds			282,600
Printing expenses			35,000
Legal fees and expenses			404,470
Miscellaneous, including reimbursement in lieu of Underwriters’ Expenses			35,000
	Total	$	792,200