Sparx Group Co., Ltd. · TSE:8739

Sparx — H1 FY2006 Earnings Presentation

31 slides from Sparx's earnings presentation, Nov 14, 2005

  1. Slide 1: 2006 2005

    2006 3 2005 11 14

  2. Slide 2: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 2

  3. Slide 3: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 2006 3 3

  4. Slide 4: Cosmo Investment Management Co., Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 2006 3 – 2005 8 1 11,440 2005 9 – 52.36 38.4% ) 2 20.4 22.68 Cosmo investment management Co., Ltd. 1,000 – 1,112 2005 9 – 2005 9 1 (50 7 1.31%) 4

  5. Slide 5: (AUM) TOPIX

    © 2005 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 (AUM) 7,245 7,556 9,717 +34.1% 6,823 14,277 7,729 +13.3% 2,938 6,487 3,944 +34.2% 3,884 7,790 3,785 -2.6% 3,878 7,670 3,724 -4.0% 2,058 4,264 1,945 -5.5% 119 129 179 +50.4% TOPIX 1,102.11 1,182.18 1,412.28 +28.1% 1 2 2 ) 120 2005 3 182 2006 3 ) 5

  6. Slide 6: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 2 %) ( ( 2,689 - 9.8 5,039 31.2 87.4 7,729 13.3 2,355 32.2 2,880 44.0 22.3 5,236 38.4 229 - 79.6 2,039 14.7 789.4 2,268 - 21.8 104 37.0 119 87.2 14.6 224 59.9 1,798 34.5 2,145 33.9 19.3 3,944 34.2 890 - 45.8 2,894 29.2 225.1 3,785 - 2.6 810 - 50.7 2,913 30.4 25

  7. Slide 7: AUM

    © 2005 SPARX Asset Management Co.,Ltd. AUM) 2003 2004 2004 2005 2005 9 3 9 3 9 256 282 685 839 868 7.6% 926 1,049 1,327 1,398 1,623 14.2% 435 573 576 890 1,193 10.4% 1,589 2,483 2,734 3,132 4,461 39.0% 1,349 1,633 1,970 2,195 3,167 27.7% 5 6 6 86 125 1.1% 4,563 6,028 7,301 8,542 11,440 100.0% ( %) 5

  8. Slide 8: AUM changes

    © 2005 SPARX Asset Management Co.,Ltd. 2005 3 2005 9 2005.3 8,542 2,012 +1,347 +2,897 -665 1,550 2005.9 11,440 -2,000 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 2005 3 2005 9 2,739 210 -319 317 2,947 395 165 -7 88 641 267 1 -2 58 323 2,876 480 -207 685 3,834 1,517 529 -128 265 2,184 704 625 - 13

  9. Slide 9: AUM

    © 2005 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 3,782 7,962 5,236 +38.4% 0.89 0.88 0.85 -0.04 3,211 6,626 4,129 +28.5% 2,900 6,011 2,268 -21.8% AUM 59.0 55.0 53.3 -5.7 140 303 224 +59.9% 6,823 14,277 7,729 +13.3% 1 3 2 2 2006 3 Cosmo 9 Investment Management Co., Ltd. 3 Cosmo Investment Manageme

  10. Slide 10: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 12 7,556 9,717 0.88 0.85 6,649 8,259 3,508 4,069 3,141 4,190 127 179 1 2 2006 3 1 12 3) 12 2006 3 10 4 Cosmo Investment Management Co., Ltd. 100

  11. Slide 11: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 7,245 7,556 9,717 +34.1% 2,282 4,484 1,722 -24.5% 413 931 205 -50.3% 1 44 10 +841.6% 191 220 8 -95.7% 11 32 5 -52.3% - 297 275 - - - 40 - 2,900 6,011 2,268 -21.8% 1 2 11 2 Cosmo Investment Management Co., Ltd.

  12. Slide 12: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 45.0% 42.1 40.0% 35.0% 30.0% 25.0% 21.5 20.0% 17.4 16.8 15.0% 10.0% 5.0% 2.2 0.0% 4 -6 7 -9 10 - 12 1 -3 ( 1) 2005 9 2005 9 2 12 ( 2)

  13. Slide 13: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 45.0% 42.1 40.0% 35.0% 30.0% 25.0% 21.5 20.0% 16.8 17.4 15.0% 10.0% 5.0% 2.2 0.0% 4 -6 7 -9 10 - 12 1 -3 ( 1) 2005 9 2005 9 2 13 ( 2)

  14. Slide 14: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 45.0% 42.1 40.0% 35.0% 30.0% 25.0% 21.5 20.0% 16.8 17.4 15.0% 10.0% 5.0% 2.2 0.0% 4 -6 7 -9 10 - 12 1 -3 ( 1) 2005 9 2005 9 2 14 ( 2)

  15. Slide 15: Net Asset Value Per Share NAVPS

    © 2005 SPARX Asset Management Co.,Ltd. Net Asset Value Per Share NAVPS NAVPS NAVPS 15

  16. Slide 16: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 649 1,599 968 +49.1% 93 172 89 -5.0% 143 295 162 +13.0% 1,119 2,453 1,429 +27.7% 400 - 500 +25.0% 139 288 142 +2.4% 176 371 238 +35.2% 193 374 209 +8.2% 76 166 100 +31.3% 345 766 602 +74.3% 2,938 6,487 3,944 +34.2% 1 2 16 2

  17. Slide 17: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 4 (-1) 42 (+9) 16 13 (+1) 9 (+1) 8 5 (+1) 5 (+4) 102(+15) 0 0 10 (+1) 4 (+1) 0 0 0 0 14 (+2) 0 2 (+2) 0 2 (+2) 0 0 0 0 4 (+4) 0 1 8 (+1) 5 (+1) 3 3 (+1) 3 0 23 (+3) 0 0 4 2 (+1) 2 0 2 (+1) 0 10 (+2) 0 3 (+3) 1 (+1) 1 (+1) 1 (+1) 0 0 0 6 (+6) (Cosmo Investment 1

  18. Slide 18: JASDAQ

    © 2005 SPARX Asset Management Co.,Ltd. 2005 9 ( Lev.2) Lev.1 16.9 15.4 20.7 7.6 11.4 46.9 0.7 7.7 3.7 -0.4 0.9 26.6 16.2 7.7 17.0 8.0 10.5 20.3 JASDAQ TOPIX TOPIX TOPIX TOPIX TOPIX 97 5 97 4 97 8 2000 6 99 7 2003 2 ( ) 24.7% 25.8% 12.2% 6.4% 23.8% 18.6% 1 2) ( Lev2 ( Lev1) VCI ) 2 18 3) TOPIX 1

  19. Slide 19: SPARX Overseas, Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 1. 100 SPARX Overseas, Ltd. SPARX Investment & Research, USA, Inc. 2. 2 ( Lev2) 1 ( Lev1) 3. 5 2001 3 2002 3 2003 3 2004 3 2005 3 -25.25 -0.22 -25.58 78.05 5.55% -34.98 -10.21 -16.85 69.05 4.17 / Lev2 -4.20 9.68 -6.41 37.92 0.91% / Lev1 2.02 (10 ) 7.09 -7.30 29

  20. Slide 20: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 20

  21. Slide 21: SPARX International (Hong Kong) Limited

    © 2005 SPARX Asset Management Co.,Ltd. • ¾ SPARX International (Hong Kong) Limited 2005 8 • ¾ IXIS Corporate & Investment Bank JV (2005 9 ) – SPARX – IXIS • ¾ Cosmo Investment Management Co., Ltd 1,000 1,127 17 9 ¾ SPARX Korea Long-Short Fund • ¾ 1 17 9 ) – 50 7 1.31% 21

  22. Slide 22: SPARX

    © 2005 SPARX Asset Management Co.,Ltd. SPARX 22

  23. Slide 23: © 2005 SPARX Asset Management Co.,Ltd. z z

    © 2005 SPARX Asset Management Co.,Ltd. 1,983 1,983 2000 1,614 1,614 04 3 05 3 05 9 1500 1,136 1,136 96 124 133 1000 775 775 79 150 160 566 566 175 274 293 500 0 02 3 03 3 04 3 05 3 05 9 (* * ) 03 3 04 3 05 3 05 9 631 776 1,051 660 (---.-%) (123.0%) (135.4%) (131.4%)* z 19 3 40 0 z 39 83 185 136 z 48

  24. Slide 24: IR / M&A

    © 2005 SPARX Asset Management Co.,Ltd. 99 99 99 99 99 99 99 99 IR IR 99 M&A M&A 24

  25. Slide 25: © 2005 SPARX Asset Management Co.,Ltd.

    © 2005 SPARX Asset Management Co.,Ltd. 25

  26. Slide 26: SPARX

    © 2005 SPARX Asset Management Co.,Ltd. SPARX SPARX SPARX 2002 2004 2006 6 3 3 2004 2004 44 2005 2005 66 M&A M&A 44 IR IR 33 44 MBO MBO 26

  27. Slide 27: SPARX (Cosmo Investment Management Co., Ltd.)

    © 2005 SPARX Asset Management Co.,Ltd. SPARX (Cosmo Investment Management Co., Ltd.) 27

  28. Slide 28: KOSPI

    © 2005 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 (AUM) ) 429 526 872 +103.2% ) 238 740 210 -11.9% ) 361 1,069 118 -67.3% ) -123 -329 92 N/A ) -145 -418 99 N/A ) -145 -401 99 N/A ( 16 17 20 +25.0% KOSPI ( ) 835 965 1,221 +46.2% 1 2 28 2 )

  29. Slide 29: AUM

    © 2005 SPARX Asset Management Co.,Ltd. AUM) 2004 2004 2004 2005 2005 6 9 12 3 9 ( ) ( ) 372 416 453 596 908 82.3% ( ) 22 30 38 60 172 15.6% (SPARX Korea Long-Short ) (5) (5) (5) (6) (55) (5.0%) 20 0 0 6 23 2.1% 415 447 491 663 1,104 100% % 5.3% 6.9% 7.7% 9.0% 15.5% ( 1) 2) 1 % 29

  30. Slide 30: CEO & IT Cosmo Investment

    © 2005 SPARX Asset Management Co.,Ltd. ( ) CEO & & IT Cosmo Investment 1 9 3 3 2 0 1 1 20 Management Co., Ltd. (+2) (+1) (+3) 55 33 11 2005 3 30

  31. Slide 31: Slide 31

SPARX Group — H1 FY2006 Earnings Presentation on 6ix