Star Mica Holdings Co., Ltd. · TSE:2975
Star Mica — FY2022 Earnings Presentation
49 slides from Star Mica's earnings presentation, Jan 13, 2023
Slide 1: HOLDINGS
HOLDINGS 2022411AHA RMB 2023415138
Slide 2: MICA
STAR MICA HOLDINGS 1. RINT ITh opyright rmica Holdings All NI
Slide 3: Income statement (P&L)
Mie iRttstes (PL) HOLDINGS STAR - | - YINVYVYAYBROABIC RL, BERBERS EREM - YSR-YVAYVYYAYNORBWBESZRRIC, Ble Sth 3244PL (=2RB) CAAY hBSTLMAIEB 2 (fF) 2021/1188 2022/1198 a (ie) (le) Lt Tee Le che 368.9 482.1 130.7% WYRARAY YINVY Yay BE 360.0 4744 131.8% PENA AYRAKKAY ABE 0.2 - - yyRvyyay (5 PRINT 8.7 7
Slide 4: Balance sheet
Mia Sisxtiam (BS) HOLDINGS STAR | - iAH 6OORe LESRGNGBACTV. RAVYYAVRReRLIT - AGN GAIA CAMRE A CRIM (2Q) Ich9, BORRIRISIEE BS (=E/88) eae ese td 2021/1188 2022/1184 ~ (aF5) (jer) RR BASS a HAE 792 881 111.1% 446i 35718 S5RERURS 31 31 99.9% 1,640F SSA 743 831 111.9% Heae 15 22 145.2% SsaNEERE () 0 159
Slide 5: MICA
STAR MICA HOLDINGS opyright rmica Holdings All al
Slide 6: Medium-term plan Challenge 2022 results
MON 52S ORUE = 2018/11#8~2022/11HlcBWCT. SAFREHG "Challenge 2022, €XiT RISE O2022/11Hld. SHA CINTICL - Flak + BERIRD EIS 2017/1188 2022/1138 tH (504) OFGEKRR © FRR PR 2 ie - {:ARHH800F 491,600 23020 48 2er - RA RHCOOR—491,400F O MT ALEEA CE RRRNE HEE L BAW Nei h7 + UAE @tyvnrzkry Pee oeanae 435 ewe
Slide 7: stan BE =
stan BE = Me HERR ORED - ENOUSNYYYaVBEICSWC. BE REPRESS, PAVYYavibgOmAeU—kK <USINVYYAYBR WSlFROWBB (AF) > < BURA > < FEMZHA > < ikAH > EVRAET IY CME TNE, RBPHRLITCEURAET IVE, RLU TROLS AR 3 6 BEC L3B BRERE HR AWE HIE TI1 LwENBT, HRRIEMR (20224) 3,798 ° 1,640 SABER, WARK, BMRA. LMRRGEMR (2018~2020%)
Slide 8: stan BE) =
stan BE) = May FRAROGRO - 1RRMCORLIFICKO. talcaeentem—hIAUA SJB BUS ea SRE SHA Beat AL 2 ae Eanes Zot 18.4% AR. AMOR, RB. KER BIPRE 23.1% Hit, Hkh DT S42) a aueath jo & WEB 6.8% eR, irs PPR 12.3% rtm, TES B Cee, § 6 ES (SERS EA) 26.5% Fie AE 67.12. «i cae 31.0 # 7H, JERE, BOR. SEHR A? 21,094 +A “1 d
Slide 9: star Be ao
star Be ao Mia] FRRROGRS VAINVYY aYBRORAPREMICaDt, AMMA REL THE MF CIMA RARRORA LAURA, SREKOMMMAS CMR <UTXYhAMORTLBANE' OB (1A) > BUSNYY Yay (88) BUSNYY Yay (FB) ePENTHU— TYKARXYA YINVY YAY BROS CBERME (2018) (CMS SBR HR WARE RMS. ENOV/NVY Yay BR VEERREEP 5.4 TYRZAKAYABRO Was RENE oA ARIE 5.6 ] 4.0
Slide 10: stan BEE =
stan BEE = Mee HERROERS-1 BANA (Ahky 7) HRA. REHCMERA SRE REGAhYVeRLi, BAR (FO-M) ORRCRSEAREMXK <RCATHERASLUSAMOWG (fA) > Ect HEATHER RICNS Savi | 254 207 150 169 143 123 er 113 SSila 78 689 743 OVRR 52 562 448 8 7 ~ . 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 SASH BE | Bait (SHAR R) = RAV O
Slide 11: BP eas
STAR BP eas heel FMR OGRS-2 - 2022/11HOSHmit250 A, RAP RISRAREANNO.1 RAR (ISA HR) “1 Batt ii — ABR — MeIAb 1405 as 2022/1 1HAK = 2022/1 1HAK SERRA ESRD mem IR = MERA RARE RBS (Hh) ava (BSH) “EES Ht 20227 LAR MICS SRA RAR ICH ER
Slide 12: .0 0.6 .0 0.5 80. 0.4 60. 0.3 40. 0.2 0 20. 0 0.1
120 .0 0.6 0 100 .0 0.5 0 80. 0 0.4 0 60. 0 0.3 0 40. 0 0.2 0 20. 0 0.1 0 0.0 0.0 0
Slide 13: stan BEE =
stan BEE = Me HERROERO-1 - BORRCONIYVACBRLEMNS, SRNR \RMORMNTAREEA <ERMBIRGORS (8A, %) > me CRA BNFaR ZOHRR —--ACRALE 29.0% 28.3% 0, 26.1% pe.e% 268% 26.9% 25.6% 26.2% rests 23.5% 653 551 544 564 440 370 357 310 341 250 2013. «2014-2015 2016 2017-2018 = 2019 20202021 2022 SASH BE Copyright © Starmic
Slide 14: MICA
STAR MICA HOLDINGS SASS TEER BREROBRO-2 mA ROLNLDYYIYbKA—Ibiek Oo, ROEALFA <BCAAARE (ROE) 'OHB (%) > 17.5% 14.1% 12.7% 13.2% 11.4% 11.8% 9.3% 9.1% 7.1% 6.9% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 | BOBARAE (ROE) = YAR + BPR CRA SASRSHaRA Copyright © Starmica Holdings All Rights Reserved
Slide 15: 60. 0% 50. 0% 40. 0% 30. 0% 20. 0% 10. 0% 0.0 %
60. 0% 50. 0% 40. 0% 30. 0% 20. 0% 10. 0% 0.0 %
Slide 16: ee Somes (SK) | ==
ee Somes (SK) | == HOLDINGS - HHO "SAFBEHE CHTPKBRERRL, SRRMROBSCSRAC AEST - PEACHES, Him Cl. SEARS SOM PRS HHORESTDS "Challenge 2022) Ci8lF7= Be - BRARSRE BR YISNR-YVAY THAOEEEBRZS Sk. HEBSUAZD x SROEVYRAFVYA (2B) AHH : LIN-YVAY CKHERREEAS RHEE : MRAZ (be -RIEWA) Ban Bank PMO Re (AASB) DRE + HBC DI
Slide 17: MICA Mex ort eZ)
MICA Mex ort eZ) 2, eam - lA-F—-FLrvVits CEHCLLBARKR CHL, BRGRREBBST "A-F—FIV Vl CE Sait UicBARRORE resets “td, LU PP Mirhit, MeASe TA UBD THA SRE——ZANMASSS, MMR EWEPAVNIKITIO VHA ZIEK * NAF —F cP OE: RAD EP ORIE CHS DF (REO, : ABHOWSRE CH SE ZBL \o red mica Holdings All Rights Reserv af BMOBWIMALY
Slide 18: MICA Me Soret Cea)
MICA Me Soret Cea) 2, eam HOLDINGS (MBE A—ARIE KO, ARSC MBIS SR, 201 OFLU MOKEICRSCCEBE Ala TS = ise RUEMICAN-L. RENGCHRKRSe BST <ABRHORRAR (A) RUNGE! (%) > PRR ( LSA, Mt) MRP ('A-F-FIVIBA, Met) we ANRE (SH) AROSE ('A-F—-FIYIBA, WH) mw ARATE ( A, Yt) 15.8% 15.3% 15.4% ° s $0.13.8% s 1" TSR A ME ZS A
Slide 19: FY2023 forecast
See 2023/1188 2. aie - MEWGRERRE SEL. ioantalie - BRESROMLROAMORR + Baklcizé wane 188 2023/1138 an nla 482.1 502.6 104.3% SBU INV Yay BF 474.4 495.3 104.4% SBTYARAKAYVE BE - - - SBP KENTPU—-BR 7.6 7.3 96.2% ToL RFs 97.5 89.2 91.4% SBUINVY YAY BE 92.1 83.9 91.1% SBLYRKAKAV ABE - - - SBP ENTTU—BR 5.4
Slide 20: Pertins t oer Nene
STAR Pertins t oer Nene MICA BAMgserr irr - POVY Ya ViROLF-RRASBE YINVYVAY YINVYVAY PENA FU— RES REA BRA B? (88) BS? (8) Be (AF) (4 Ott) ia iii A1.8(8F3 6.3187) A0.118F9 A1.18F +0.6(89 Al.6(8F) (EST) MCR NNO MamRIURENA eH a URE) FYZOICSIAS. AHOMMARUERATD (Basa) ARTA RY (1,3957-1,318F) . (SRNR) STUNT
Slide 21: 3. Business
STAR MICA HOLDINGS 3. BRAA opyright mica Holdings All
Slide 22: 3. Business
STAR 3. mRNE s—RL-b- 2O-AY | sees | - BNR RAS LO, RREBSSSPECAT Find the Value TES" DS “EDS "H2ORRN Ham & SAS BROBMISN STARMICA Way
Slide 23: TF ee EO)
STAR TF 2 ee EO) MICA a ara - IP BRXOREWGMRICMA. SVP ey KBE CHEEMARS SER i STARMICA HOLDINGS Find the Value FN—-FEKO BRRBRE - ESE zy GISTARMICA EJSTARMICA EXSTARMICA EASTARMICA oe H EESTARMICA Residence Property Asset Partners Asset Management == OMAi+ = Wye F5tN—F YINWYYVAY YINVUY AY AERA yes RHEE
Slide 24: 3. Business
HOLDINGS 3. BRAS a7 wR cane | — - HBICMEZEAKINVa—-Fxr—yY isA RA B7r=U-9170 B SAO BABEE CMEERA A-F-—FLVVYMEEXTY CHE B 4Ht7)L—7COBBERICKED, BM —AA cH Lic < WORE his Al BSAORBSBSLEGR-b AHEORHEM LICR REGU /N-—YAYYYY Ave B h< 2 ockMESH Came SH=F2erh tHe EEWANY 1-797 BM Zikitd SHBAO-——ZAlchwAr B 'XERASSOE
Slide 25: AP HR (BA)
AP HR (BA) - BRD OHBHGUHIBACRHS Sttiha <AROMAMSIZO— (1X-Y) > POINT® : (hipse4t & OiBEa B AE RAF AFIPS rt FRONTALP CUT. #4,000 Be, Ip ORME bic Disete BUY L—y ay EM 80% Mths POINTS : ERAT Ot 2 = POINT@ : Bm aRA SE ARat Has —9A— Zick SME OMMREEE 3, | BA POINTS) : H+RBWOMETH. 3% 1205 KCOTHHICRBTEGBEN |
Slide 26: APR (RA) |
APR (RA) | - TRA) OMFAKY ID, BARRON TU y AMEE OHS Raat 03,3005 Fe A SSB ALE BSA BAEIC Boo h /anso tie Mott JX—Y aYEGWRS Babak lend . (7O—INz) 228 #974% VuyayvBe ToL eRe 83.9/8F Bethy - (2023/1 188-48) BAeABAE CHAMAEMR RR Ral a BRAICEACNEWRENE (Ak y Zee) WaT #26%
Slide 27: I7PBH (UJN-Yayv)
STAR I7PBH (UJN-Yayv) - mHeRS56N5, AMRG BOWLS Hi + SHE CIS ma: IAh- Lem BLTS BSLPIASERLETIVIVIG HLSHtcowmeery kKI-7F BZHORUPT Aer —Vic, CLWERPHHE OBE © ShSPMHlc CS< OMLSH CE TA-YUT. KHOI OIY NG KBREHRRP HRN BHA eC TOe AE ELE HE FY FVRESEOMPINCTFIVIVIG HRSOMHFICADET. BREY /N-YavVIFVeERH MODERN BLAH C
Slide 28: 100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0%
100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0%
Slide 29: BY Jy rty hat
BY Jy rty hat Weel (BRE /RBRAEY x2) - Ah-F3tk 5 SBAE/RARATCVRACRH - RMN BRESREAT SAREEML, MBOMYY A YT tmhigeliee BST _ ABE / STARMICA SMHECMA. ADEERESOI FATA END ELD Asset Management 7*/**7¥7 97 EA PRYKVRUAY hERE Bu . YZN-Parke sea 77. aA MUuLEBREB Tt | Sm AIt+ redeem ara basal US SCN ESE ek BZOWHR=
Slide 30: Mew chk CORE
Mew chk CORE HOLDINGS - VY-TYbORNERA, ARHGSRRM CHREU—KE t one vk ; Fees eee, UES TREE pea A YINVYVAY nat, R-Yays Fy im SHRM, BA + BSE eS ARES BANG soa ate Pees ie ix STAR MICA UH 7 IL-7 OH 2012% 20134 20144 2015 20164 2017 2018% 2019% 2020% 2021% 20225 LADRMERR OHH "LTE RiaB - Be AAtyay7 phvyyvay Ma
Slide 31: 4. ESG
STAR MICA HOLDINGS 4. ASykxXyYk (ESG) opyright mica Holdings All
Slide 32: ee YAFT EUS + BANS
ee YAFT EUS + BANS - ZF—-IHII—-ADIDSEYKAV A SHE - ESGIHSSHReRELPE (20234 1 Akic4HESGR-AXK—-YCAR) PUES" DS "EDS H#BORWRN ZERHEBS (SyvVav) icwBly, Z1E + repecnsttie Dcebsle, CAICKRUOBROBMENFT vp LYVYL, TritE, & WMebtts OMASZIERTSAI— +> YTATIV-FEBS. BEER tA KBEROWUS, FAPTYYaAFWeeTt BIY-EZDALABOS. BREOR
Slide 33: 4. ESG
RFLAORS - MAAZFFEUT 41 BACOTIY TAY TIM, 4, ASyhxYb YSR-VAYYVYYAYVORE FROU—TF4AVIAVN6O—CULC FRSKOMMZEST SUS UB=zBHS <HBBMHO USN-YAaYYY Yay NOT X-YORE> ~2022% CHETOR 20234LK~ SRORIITNER WAZI-Z3 MES +mametTATFevUsr 4, @ ‘mics, MEMS + anes <Key Driver> BP ULYAILHE OAc i HOR As SHROwRAEM e TERRES 1 <Key
Slide 34: 5. Shareholder returns
STAR MICA HOLDINGS 5. REIT
Slide 35: fiz]
STAR fiz] FR - Skid, BORA OHRRUBEMSEORMLCEN 2022/1184 SEOAH 17.5% ROEO#EF oO ie LAI kO 7.7% JER LE OMASILES 0.53 A Pace aoe LNbDyYAYRO—Ib 4.31% = ck, BORALEO 45 "| BOBARRAS (ROE) = 4eRHFla + MP FHaCRA | RHEE nae + #8 “2 LBA SEANAAS = LS ‘ Ly ieee = i: : elects
Slide 36: MICA Mees: Bee 0)
MICA Mees: Bee 0) - ARKRICADET. RN GIECe Rit - 2023/11 ORY PIs. O.5FABEC tC 4320.0 <1tk4 fc O FRCS ROHB (A) > 19.5 20.0 16.0 16.0 16.0 16.5 38.0 11.5 7.3 3.8 4.5 2013/11 2014/11 2015/11 2016/11 2017/11 2018/11 2019/11 2020/11 2021/11 2022/11 2023/11 (48) 25.4% 27.0% 28.8% 33.7% 25.4% 18.2% 22.2% MaM
Slide 37: MICA Mees: Bence)
MICA Mees: Bence) - BORAOMS eH ICT). 140 Film (EPS) BLA <FAPERMRRO 1 Yc Flat (EPS) OHB > WP PRAM (AA) ee 1 RO RAE (FA) 35.5 36.0 36.2 36.2 36.2 36.4 36.5 36.5 37.0 34.6 33.5 107.21 *s., 90.00 “a 20.97 21.47 2013/11 2014/11 2015/11 2016/11 2017/11 2018/11 2019/11 2020/11 2021/11 2022/11 2023/11 (48)
Slide 38: 6. Appendix
STAR MICA HOLDINGS 6. SFR
Slide 39: MICA MEE De tes
MICA MEE De tes HOLDINGS 2016. PAV YY aU RAS YY a ee SROPAVYY AVREIER<. PREVA CHSC PE <VYY AYER RHFROHE (SRB. ) > we et 83,183 $B (20034-2021) Pry: +51.5% ge: 659.6% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 (HA) HASH AHESAMAM (SRV Y aviphiheas S4
Slide 40: Mite iakkROR®D
STAR Mite iakkROR®D - AEP CMA, ESO-URt PRBMKEMEOMRES DO, {ES O—Y CHAP SRE hie <f60-VRWRESEO '75Ybh35 (SHRBERAUESO—Y) 1 OF HRAMOHEB> FSO-YRHBE (HEA) 8 —e FaeFl (%) 2,109 3.51% 1,833 1.74% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 (HP) ECR RM "(DF y h35)
Slide 41: MICA ZKRROE
STAR MICA ZKRROE BRR ORO HOLDINGS - 50—-ViRAASRACHRL THREMGO, HREBRI Steal WBK2OFMT SRI MRAICER BAO: GSwesRic,. "Sl GARR <HREK LURE + WHER THSHBOMAD> <2022/1 HAMAR ~ARRHOWR> RE RM MER THSttaoMs #3, Be D-YeWat 85, Ba (88) (It + Fila) 63.5% Bae 12.655 10.255 BAe 11.3458 8.854 56.2% ABH 9.754 7.148 "20
Slide 42: ee mERROER®
ee mERROER® HOLDINGS - Pleo SMR YY avVichbpSEseuTt, FRG Cama BY /N-YayVYY AYER MRCUA, PAVYY a YOMBSFA {ESOBRKCLTHAVYY Y aYOREMRES <BMBVY Yay Fae (5A) > me Pay yay WRVV Vay 6,260 4578 92,4005 3,869 #2,000AFI 2,530 <(ESHA + BRRNAORAE SEA > 41% 30% a 29% 23%, 2011 2012 2013 2014 2015 2016 2017 2018 201
Slide 43: Environment
Rien RO: S51 DS TOT) E . ee SORE nvironment - GUAR. BRPUSORRERTEYRAETIL BREE TEO Bt bic RR BK TIMES RATIO 7~ OBA "ES, (BAI 1 Bl) “ ~ 81.0% 85.9% a 69.8% A2AI-—+ VATA TNW-F ; | seme ({oDsians fv \ | | ed cL A H#AORR \ \ \ \ RRA ROXKEW | | Go1a) G58 ois ore) "RENERAFE Id / (Hi) BL RAR SER eSERMET— 4,
Slide 44: Society
MICA WR: £ORWMBT S . FORWESLERH ociety - BRR LUMAERDBH CU SN-YVaAVVYY ay OF EEL. AASB S Se eR - CHPSORKICBBREANS "RI—+ VLAATI-T, SBF ADR + BRE PBkEeSo5T 7 [airman PE ESP PEP THML THO, mile &). ane cOwe=—x (ERE ESERL STS let LIEU mR BAB, Kilt ABIES bc HG < pars =F RES J) 29 . . BkUemrS PRRRAbASeSes R
Slide 45: Society
BA RO: KO RUM. | Ss iet ociety wine CO RUES LEiett - #SHlce< HIN SSATIL—FOEVRA FO-NIVIECROSNKEVRRAEFIL HEBRAED : “REKBERER Nate ee EVYRAETFIDPHSRRMEDH MSN, 2011Flc a Se (PAFSP) AOR SEORMEFR CWMCERS "K-F—-HB 2B - RBAS + SRRAFICHW CRRA SMBeIY - BAAMBAFAFILAOZ b aE - BARKOKFEOTYI-YRA EBRRM Ciel "A OT K
Slide 46: Governance
STAR Nace ea WR : FDERFROAILF vy —E | Governance 6. Sam - BREORBWANTYAPHERRNORRICKO,. SmROMPeHS Slike FI 7 OMe BE F-LI-7@BE BUIY IFIP YA Weil fe KEDAH TES SeSthie a 44 Bat AY-hI-IJORR UBER (EO SHROTHM sok - _ 1ZH— eh Bae cad HEORE3 20% x {BAZ ILDY 797 Nits Et BR SS RHA COBRMED ROR == J atoroverenns
Slide 47: Shareholder structure
STAR REBRK 1 We (2022251 1A 30BIF) - 5,0008Z2BASHAREDM, RERECULTHHRNERA - OMAR N25%, FO-NbLicBASNSSHTIL-FOEVYRA GOVERNMENT OF NORWAY : = 2.9% STATE STREET BANK AND TRUST COMPANY 505019 - + -2.6% P P = JP MORGAN CHASE BANK 380646 = + - 2.2% BOAR - KIAFUND 136 = - - 1.9% ° 25.5% - BANQUE PICTET AND CI
Slide 48: Pee eal
STAR Pee eal We (2022451 1A SORIA) Bre ZI-— + VAN H-WF 4 YVIARASH & ava YSRVYYVA VBE. TYKA KXAYVEKBERUP ENA YU -BRERNTS FTI-7FEKORESRR, CEFBS La The REF ITL GESA-—K 2975) EBA 21118 RI— + VAARNSH. AI—- VIA PRYRVRYUAY hRASH, FT Nb- FR RI—* VAN VIFYARNSH. ZAI-—- VIA: FONT 4 RASH, ZI-—*VHIA+PRYR + N-KF+
Slide 49: Mae SHWapes
Mae SHWapes HOLDINGS STAR | AI— + VIA + h-IF 4 VIARASHA STARMICA HOLDINGS BS °° the E-mail ir.group@starmica.co.jp URL : https://www.starmica-holdings.co.jp/ © AABCRMANTHWSPM RELI, RM CAF RCARROGRORMCRECSASTHRGEAC KOR MICS ORES BHC LTHOES. RMORMIS, SRELERAK 42 TRESBRCESDREDSOIES. © RAM KSRARK. BRATR