Star Mica Holdings Co., Ltd. · TSE:2975
Star Mica — FY2023 Earnings Presentation
52 slides from Star Mica's earnings presentation, Jan 12, 2024
Slide 1: FY2023 (Nov 2023) Financial Results Presentation
2023411A8i RARMARNSAOPHEE THR 2024 1A128
Slide 2: Agenda
STAR , MICA PER | 1. 2023%11FAW REARS 2. CRMEALAK—UV— (FY24-26 PHS) @ HSS 2 Tree IRA /MASHBA @ Be @ RSE (FP ETIVPOT—YarymyY—) /IRRE 3. APPENDIX @ FAQ @ RAAT @ VAFFEUT4 @ BEANS
Slide 3: FY2023 Results Overview
STAR MICA HOLDINGS 202311AH iz Copyright © Starmica Holdings All Rights Reserved
Slide 4: FY2023 Results Highlights
STAR MICA HOLDINGS S8/\157h - TROBE < Rit cAI S Haat - RERReMRL, 202441 1 AMse es PA BEHRBOLZRA BEG - hE a b b/a c c/b Ria Ria BURALE FA BURALG (fF) (fF) (fF) z € scmaue 235, @ 24.4. LE 482.1 488.7 101.4% 541.51108% @# 2 Pa ROE , > | Ox we LAOH as 975 84.2 86.3% 89.1105.8% # 17.5s 12.0. maetlat 609
Slide 5: Income Statement (PL)
Pree saaketetae (PL) HOLDINGS - 2022/11 HO—-RNGIRERWTH. VINVY YAY BROMRKLY Kk iditic 2*sPL (=BIRB) CIAY bE BABHEB2 (SF) 2022/1138 2023/1158 ae (eA) (eA) ara aLeB 482.1 488.7. 101.4% AYRARAYA UIRVIY a BE 474.4 481.5 101.5% PERTFU— TYRAKAY ABE - 0.0 - yYUReyyay (& PRIM EU aa 7.6 7.1 93.9% eA yay (ED T
Slide 6: Segment Results
SRT - YANVYYAVYBRICHWTC. ZEWHO FRE FRURTARMY OR, Sis Plc lsE 2023/1 1 HRPM COER EGERER? re | mseFUas : 52.1879 2A<8 9 28 YES (ES) - PAPRURMICE SARI (2023/1 HIKE : 3,938F) YIRVY Yay BR 248 (88) iar YINVY Yay BR (GB) | yyeeuyes - 2H ORES F aaah ial Asari - RAR (FAB: 41,3008 /RE : 1.2707) | YIRVYY ay B
Slide 7: Balance Sheet
Mia Sisxtiam (BS) HOLDINGS STAR | - HBA + IRBONDYACREGMS, RAVYYAVREeRLIT - BREARHTLicéd OBCRALRENS BS (25/48) ods eset t 2022/1188 2023/1188 a (aF3) (gps) BURR HE +1,410R Al1,270R whee 881 924 104.9% ern 43758 SbRERURS 31 41 135.0% SbRSRTHE) 831 865 104.1% Hees 22 25 111.1% SRE 831A gee 903 949 105.
Slide 8: FY2024 Forecast
RIES 2024/1188 Mich Fe | - BRBRORERRPTYNAKXAVASRBMICKO, BRE Pe 2023/1188 2024/1138 28 (16°) 18 (G79) RAE tlhe 488.7 541.5 110.8% SBUINVY Yay BF 481.5 515.8 107.1% SBIYRAKAVY EES 0.0 16.9 - SBP ENAYU-BS 7.1 8.7 122.4% so LR a 84.2 89.1 105.8% SBU INV Yay SS 79.4 79.9 100.7% SBTYRKAKAV EBS AO.1 2.4 -
Slide 9: Medium-Term Management Plan FY24-26
HOLDINGS 2 Cir ALARK—Y FY24-26 FH@=E5tH “Find the Va OBRTE
Slide 10: Medium-Term Plan Overview [1/3]
ee TIO F 4 PV U— [1/3] MICA M(Eees) - HARA RCAI— + VIATID-FORREBL CESBRY AT LOER: EB Rik Geotene MHOEVRAETIL - HME RRLICWAR srt Eheim SHOE VRABHMIME Sihie = ese rabntt RALLYE SRE eAiale REGESS FRG CESe BOWE BUR CAB LIES Aky7oissi 5 NO.1 RA = p> COMBA YIR—yay a | wy MICA ee BE Mission i ADR —_—___- f
Slide 11: Medium-Term Plan Overview [2/3]
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Slide 12: Medium-Term Plan Targets [3/3]
AN w9e 9547929 [3/3] (288®) | - PCRMEALICRSSESRRERE - BREGRORICICRRICMMHT SLO, TL MMSORANSHMARSRELA ER MiEORAIE A ROE: WACC: 12.0+% aa 2.0% 0 FY24-26 Hii Sst a) Sd DPD PD epee: | EPSALRE: fey fey Rae DEH WOE BOSH EARBEBRRO BRU BE EENO aRoTAR SEINE: RAMEE: Baa Al5SPA~2mA | 1,0008+5 EARS RUS -omeceS I
Slide 13: Growth Strategy (1/4)
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Slide 14: Growth Strategy (2/4)
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Slide 15: Growth Strategy (3/4)
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Slide 16: Growth Strategy (4/4)
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Slide 17: Medium-Term Plan FY24-26
HOLDINGS 2 Ci EAEAR—-U— FY24-26 AH@=Eit “Find the Val Qi tea ba bis / te HEE
Slide 18: Market Environment
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Slide 19: Market Environment (2/2)
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Slide 20: Business Model [1/2]
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Slide 21: Chart
◼ ◼ 9,0 00,000 ,000 8,0 00,000 ,000 7,0 00,000 ,000 6,0 00,000 ,000 5,0 00,000 ,000 4,0 00,000 ,000 3,0 00,000 ,000 2,0 00,000 ,000 1,0 00,000 ,000 0 201 3/11/ 30 201 4/11/ 30 201 5/11/ 30 201 6/11/ 30 201 7/11/ 30 201 8/11/ 30 201 9/11/ 30 202 0/11/ 30 202 1/11/ 30 202 2/11/ 30 202 3/11/ 30
Slide 22: Medium-Term Plan FY24-26
HOLDINGS 2 Ci EAEAR—-U— FY24-26 AH@=Eit “Find the Val OHS RihG
Slide 23: Business Model Overview
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Slide 24: Earnings Trend (1/2)
Far fA RR (1/2) Vy-g-F2yy ICA Seta rage - BRHGUWABACitiil, HRORRCEGSEREGAhY 7eRLIT - A-F-FLVIUMABALSSIETICEO, RERUVEMRISSR-BOMAS PM <RCATHERASLUSAMOWG (fA) > Borate es RARER R ICS SSHes" 254 «258 207 169 150 143 123 Raals 98 ws 831 865 OUR 78 689 M665 743 52 562 26oMm3)1 Meee seam FY13. FY14 FY15 FY
Slide 25: Earnings Trend [2/2]
STAR MICA HOLDINGS tkAweAR [2/2] Hatt tek 1 > q2 A-t—Fxvy scans UNO BIE PHBL cPOmRE - ASFA, MAB HxZEBASH DCL PRHSEOTEKA, A-F-FIVY MBA LOS & LIF cBHBAOYY—ARFICSOY IV ASCH BAMHR Rie (A-+-F ry y/22) BADER Susmt (shathl) we 38% + 39% 49% 49% 50 = 62% 61% 51% 51% — gga D SERS EA BDSE" 5 {S25 EERHLU? 48%
Slide 26: Inventory Trends
STAR 2 3 4 oe - 1 — hiss ——p OAC ee etd MICA YV74—-hisisne SaByr7OML | Y74—LMERE | Posse men) - AAMADEZAILO, 3DETHZO%~ODAAZKLRCH1OBORRHRMHE - SPPRBORUICSORANGRIELEHO, QCDORM Le Bias FEKOUDZA-HAAk'! Bianit Be 2020/1148 100% 2020/1148 #9938 2023/1158 122% 2023/1188 #910448 ° MLA, AUMRSORRICKS BRE - AF
Slide 27: Business Strategy
stan Bc lpi gave eet FIREONE AOR - 2018%UR RAR HOSZSEMFORMADBM ATM Ee HF PT - sETHURIA-F—-FLYUMRORRARAGEAO. SHOMMENES EHS THE TOMRTHR : SOMITE : 201 72K. HAT RRR - ZENA ati A-—F—-F LV YMEOPRL MP AAS AL CaS < Yeti MEO FRESE (%) > A-F-Frvy 22 fatale ARAB Fal z fA AIc * BAMEOEO SHOR PSOE PLL SA Hee LR
Slide 28: Business Details [2/3]
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Slide 29: Business Details
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Slide 30: Process Flow
- HBSS BnS + A ARICMIDS SB2DKECULTC. KAVYYAYOIP VE (Le Rie ZPYEGAF-LOTX-Y ZPYELOXU Yk >——__ 1. ————_ | fanart IPvEOA7 : BiH Ble Ret FrEege4 vB 1 CHETHALTEKBHOT—F ZEAL. BABS /T7 a IVb ES / PRARARSE HST mE (AMEMBS) BWRAR-—ZAAMI rer co 2 FHEBELAOSHDS bRBNICHAe PRM AREA ZitAn 3 i maw||ieane||| 4 ahE/ at
Slide 31: Cash Flow Policy / IR
HOLDINGS 2 Ci EAEAR—-U— FY24-26 AH@=EitH “Find the Valu GMB (F¥rEFVILPOT—YaymhUyY—) /IR
Slide 32: Cash Flow Policy
STAR besa PE VILP OF —Yaymyy— - BAS ry YASERAl., MAEHSMRRACKERTERRITS Sk3 SHOX Y YY 27O— 52OBARKY Y— Cash-in [i Cash-out | 2 ROEM. Fl ‘8 a WACCOBIE*HHSIC ED. PR MEORALE BT AES AGWELRE RAL OD = BIZ COBASHS age ame : a Bite AAMT AGES S 1d, BEIGE © RERRLORMRSICOWT. ° REY - REG Flas Booey GE] PBR 1Oxain
Slide 33: % 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%
100 % 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%
Slide 34: Appendix: FAQ
STAR MICA HOLDINGS 3 APPENDIX @FAQ Copyright © Starmica Holdings All Rights Reserved
Slide 35: FAQ
STAR Nite FAQ HOLDINGS ERERMOLAVYATNAONMSRBAH ~ BALAY AI DBSBADABAIC OUT, ae YT ROA Y SIR ef SO—-—YRlobFeiwmalsha<, IMSS SENSO EBE Sil ERoEC ors » BAOREA TARR EAMD ESA CORSA) EIR riveted - BRAAOSMDBICAUT. HMA LROIVLYYARESNTHST BRAOP EIS £20—YSi) (BH) OLBBSSASUVSOC BN - LEWHOMABELDSAANEREBADIEE LETH
Slide 36: Appendix
HOLDINGS 3 APPENDIX QT —F Copyright © Starmica Holdings All Rights Reserved
Slide 37: Shareholder Information [1/5]
STAR MICA HOLDINGS Theaeesetie [1/5] ADHREO RIE HHOFERMIVUP AROADISMY LTW< DS, BBO MY kde 0 HPD HHROPSRMLU Pc HIS Mid, BIS CHET SAAS BAOAD - HeMOHBE FORE (20O20FE100EC LEC) <ADOHB ERK) > 28 EERWLUP (aie) —e—EERMLU? (a7h) 100.0 —“™A™ es 96.3 $ e sf iat il 912 EERALU? (aie RR) 87.9 RRO | ARI BER | AR
Slide 38: Shareholder Returns
star em AAC OK (ES0—-VHA) HOLDINGS (FSO — Vik AISA CHRL TAUREMNSO,. PREBRI SHAM WAR2OF RIC PRI DR LF <HRES AURA + HLERIA THWSHRORMEA> GRMeH Ric. "By GARR <2023/1 1HAMALERSEMIE ARR OLRR> 80 3. Be" i a ay? ee? RE RE WIRE THSRORS awe 12.649 10.455 64.4% Bee 11.748 8.654 58.5 ABH 10.758 7.355 *) 2023/1
Slide 39: Shareholder Data [3/5]
Stan Bi ec meyo| fee FEC OLR - -POVYYaVisREeCKRL. RACH, FIBOAXL OBIRERICEO5S PAVYY a Vis RWB SBRENS POY Ya Visit. ih, UEEESRISEDSBRENS <MBA BORER > 15% 4% 13% 3% 13% 16% mS a2 a3A 244 SAWE <MAB Ot EM > 23% 14% 23% 15% 6% 6% WRAL % 23% 10% 9% =~3995F) =4005Fi~ 6005FI~ =8005FI~ m10005A~ Holdings All E
Slide 40: Shareholder Data [4/5]
BOTY iseuaea [4/5] MICA Bees arse er BRB SVSRAVY Y a RHRIS PAR EMH MO 2.615 VU Ya VisitRHeialc kO mA MEA ARE TH OO. RAO Lees EA PAV Y avis PORRGRR RASH PRI + R2OFMORMHARMAS < AR < BPM 517 SRA + MAI MLERE : 201 2vs2022% > RQ2OF CMA SMHORACAB: Vu Yavesic FABIMAMIKHSOOO, FRCL CRIS RS <BPBICS I SRMOARIC
Slide 41: Shareholder Data [5/5]
Star Oy Weal HEV ave - Sebpavyya> 20165. PAV YY 3 VRE YY 3 ei Vind <. PRENSA CHS CPI MRCUN, PAVYYaYOMBBFA <BRBBV YY 3 VERMA ROWB (ft) > <BSEV YY ay Pam (5A) > PRVVVaAVRRRPR awe PAV yaw MRBVYVay aetavyyyay 6.288 83,183 , #)2,00054 4,069 14,276 35,429 26,284 29,569 1,985 SILI ESS OS SHS OOS HH Sow, SI
Slide 42: Appendix: Business Data
HOLDINGS 3 APPENDIX SYATTFEUTS
Slide 43: Business Overview
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Slide 44: Company Overview
STAR MICA HOLDINGS {MiiBA3E A k-U— - BREBCCRANGMERMMETW. HOARE ALIC AAOUSRE (BREST N— Eh Set mint rc PERE - AREOLA » MHOEVRAET IVE BERK D1 N— OBARE EVRZORR A-F-F ryt HEROS He 7PLVU—-WAOESMA RM Silke S CERAM “eH0> r 7 mn R6 il ERES AMICK 2 mb ny i ea ys vay eS ganwewm - oOo; oa FRAME THESES O35 Onim
Slide 45: Appendix
STAR MICA HOLDINGS 3 APPENDIX @nRNe Copyright © Starmica Holdings All Rights Reserved
Slide 46: Group Companies
ee HSK KIA UAOBANSH - PAVYYAVbA - RA RREIT RR. RAR - BABAIEVRAS JYPCIKBRCMBS, TI-FEACMARALE BST H)STARMICA HOLDINGS Find the Value FN—FEKOD BRRBRE - ESE er STARMICA STARMICA STARMICA STARMICA EJSTARMICA Residence Property Asset Partners Asset Management THERA = YIRVVYAY YIRTYVAY ‘= AYOWT IY 77TK—b A
Slide 47: 1,8 4,5 1,6 4,0 1,4 3,5 1,2 3,0 1,0 00 2,5 00 800 2,0
1,8 00 4,5 00 1,6 00 4,0 00 1,4 00 3,5 00 1,2 00 3,0 00 1,0 00 2,5 00 800 2,0 00 600 1,5 00 400 1,0 00 200 500 0 0
Slide 48: a7 wR cane |
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Slide 49: Group Overview
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Slide 50: ESG and Sustainability
MICA MRSeEy ae Se Ese HOLDINGS - 1RRMCORLIFICKO. talcaeentem—hIAUA SRE Fill Se Hel Shite] we ER20~ = ERIOR~ ERR ITE~ =40nikiG = 40ni~ = 6Oni~ aR HaSG =BAB mw RBAS6~ = ~ RASS =80ni~ = 100ni~ meth LUP fh = in ce een rok mo 22.4% eater le | EIS 28.2% 56.0% 85.7% 21.5% 22.2% 278% 22.1% 23.6% 22.6% aoa 1
Slide 51: Company Information
STAR Bee e-al We (2023251 1A SOBIRZ) Bre ZI-— + VAN H-WF 4 YVIARASH & ava YSRVYYVA VBE. TYKA KXAYVEKBERUP ENA YU -BRERNTS FTI-7FEKORESRR, CEFBS La The RTI L (GEHI-K 2975) EBA 23118 RI— + VAARNSH. AI—- VIA PRYRVRYUAY hRASH, FT Nb- FR RI—* VAN VIFYARNSH. ZAI-—- VIA+ FONT 4 RASH, ZI-—* VAAN PRYK + N-KF
Slide 52: Contact
Mae SHWapes HOLDINGS STAR | AI— + VIA + h-IF 4 VIARASHA STARMICA HOLDINGS Be : #RE IRFIL-7 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