Sparx Group Co., Ltd. · TSE:8739

Sparx — SPARX Asset Management — FY2005 Earnings Presentation

32 slides from Sparx's earnings presentation, May 16, 2006

  1. Slide 1: 2006 2006

    2006 3 2006 5 16

  2. Slide 2: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2

  3. Slide 3: © 2006 SPARX Asset Management Co.,Ltd.

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

  4. Slide 4: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2006 3 4

  5. Slide 5: Cosmo Investment Management Co., Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2006 3 – 16,082 2006 3 – 125.82 58.0% ) – 0.81% 0.07 137.64 129.0% – 46.7% 8.3 162.8 112.2% 88.9 108.6% Cosmo Investment Management Co., Ltd. – 1,711 2006 3 5

  6. Slide 6: AUM and COSMO AUM

    © 2006 SPARX Asset Management Co.,Ltd. 2006 3 2005 3 2006 3 (AUM) 7,556 11,913 +57.7% COSMO AUM 694 1,203 +73.2% 14,277 26,863 +88.2% 6,487 10,462 +61.3% 7,790 16,401 +110.5% 7,670 16,280 +112.2% 4,264 8,894 +108.6% 127 201 +58.3% TOPIX 1,182.18 1,728.16 +46.2% 1 2 2 ) 129 2005 3 204 2006 3 ) 6 3 (A

  7. Slide 7: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2006 3 50 50 (2005 (2005 99 )) 7

  8. Slide 8: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 2005.3 8,542 -1,783 5,611 +3,828 +7,540 3,710 2006.3 16,082 -4,000 -2,000 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 2005 3 2006 3 2,739 728 -670 572 3,369 395 240 -19 225 841 267 227 -9 28 513 2,876 2,464 -588 1,754 6,506 1,517

  9. Slide 9: AUM

    © 2006 SPARX Asset Management Co.,Ltd. AUM 16,082 9 2 2006 3

  10. Slide 10: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 507 346 751 1,029 2,802 520 609 0 1,201 1,026 1,027 955 750 2,230 3,828 10

  11. Slide 11: AUM

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 7,962 12,582 +58.0% 0.88 0.81 -0.07 6,626 9,655 45. 7% 6,011 13,764 +129.0% AUM 55.0 46.7 -8.3 303 516 +70.4% 14,277 26,863 +88.2% 1 2 2 2006 3 Cosmo Investment 11 Management Co., Ltd. 3 Cosmo Investment Management Co., Ltd. 100

  12. Slide 12: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 26,863 14,277 11,117 4,805 4,899 12

  13. Slide 13: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 3 13

  14. Slide 14: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 7,556 11,913 0.88 0.81 6,649 9,650 3,508 4,400 3,141 5,250 127 201 14

  15. Slide 15: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 7,556 11,913 +57.7% 4,484 9,355 +108.6% 931 1,347 +44.7% 44 301 +584.1% 220 152 -30.9% 32 143 +346.9% 297 1,361 +358.2% - 1,102 - 6,011 13,764 +129.0% 1 2 15 2 Cosmo Investment Management Co., Ltd.

  16. Slide 16: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 18,000 1,900 16,000 1,700 14,000 1,500 12,000 10,000 63% 1,300 8,000 1,100 6,000 56% 900 4,000 60% 2,000 59% 51% 700 0 500 02 3 03 3 04 3 05 3 06 3 18,000 16,000 14,000 12,000 47% 47% 10,000 8,000 6,000 55% 4,000 59% 2,000 72% 72% 0 02 3 03 3 04 3 05 3 06 3 200

  17. Slide 17: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 1,599 2,903 +81.6% 172 195 +13.3% 295 387 +31.2% 2,453 4,151 +69.2% 288 349 +21.4% 371 500 +34.9% 374 606 +61.9% 166 249 +50.2% 766 1,117 +45.7% 6,487 10,462 +61.3% 1 2 2 17

  18. Slide 18: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 18

  19. Slide 19: SPARX PMA

    © 2006 SPARX Asset Management Co.,Ltd. SPARX SPARX 80 1 ) * PMA SPARX Cosmo 19

  20. Slide 20: PMA SPARX

    © 2006 SPARX Asset Management Co.,Ltd. PMA SPARX SPARX PMA SPARX SPARX SPARX SPARX / Cosmo PMA 20

  21. Slide 21: SPARX

    © 2006 SPARX Asset Management Co.,Ltd. SPARX – – – 21

  22. Slide 22: SPARX

    © 2006 SPARX Asset Management Co.,Ltd. SPARX / SPARX Cosmo PMA 310 170 50 5 ) 2005 SPARX ( 43.1 311.7 252.5 16.1 173.8 50.74 * 104.6 33.3 137.9 SPARX Cosmo PMA* SPARX PMA 2005 12 2005 4 12 5 50.74 10 25.37 ) 15 (16.91 ) 20 (12.69 ) $1=¥117.295 22 (

  23. Slide 23: SPARX

    © 2006 SPARX Asset Management Co.,Ltd. SPARX PMA 100% SPARX 100.0% 78.3% 46.7% ( Cosmo 30.9%, 39.8 7.6%) 23 ( 2006 3 )

  24. Slide 24: AUM

    © 2006 SPARX Asset Management Co.,Ltd. 1+1+1 = 3 SPARX AUM 50,000 50,000 PMA 40,000 (2006 4 15,000 Cosmo 30,000 (2005 2 ) 20,287 20,000 2,494 900 1,711 4,719 35,000 255 SPARX AUM 10,000 7,679 9,207 16,082 6,743 41.9 ) 7,679 665 8,542 0 24 (

  25. Slide 25: PMA

    © 2006 SPARX Asset Management Co.,Ltd. PMA PMA 2002 AUM 2005 AUM 3 2,500 „ PMA Capital Management Limited „ 2002 2,076.0 „ 2,000 „ 3 (US$ mn) 1,490.5 „ 2005 2,076 2,400 1,500 1,277.4 „ „ 1,000 660.6 „ 500 „ 46 0 2002 2003 2004 2005 25 (

  26. Slide 26: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 26

  27. Slide 27: AUM

    © 2006 SPARX Asset Management Co.,Ltd. AUM) 2003 2004 2005 2006 3 3 3 3 351 282 839 1,236 7.7% 770 1,049 1,398 1,733 10.8% 255 573 890 1,609 10.0% 1,059 2,483 3,132 7,010 43.6% 1,241 1,633 2,195 4,330 26.9% 4 6 86 161 1.0% 3,683 6,028 8,542 16,082 100.0% ( %) 51% 60% 56% 63% 1 2006 3 2 2 ( 3 1 27 4

  28. Slide 28: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 45.0% 42.8 40.0% 35.0% 30.0% 25.0% 20.7 20.0% 17.8 16.3 15.0% 10.0% 5.0% 2.4 0.0% 4 -6 7 -9 10 - 12 1 -3 ( 1) 2006 3 2006 3 2 28 ( 2)

  29. Slide 29: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 4 (-1) 45 (+12) 17 (+1) 16 (+4) 9 (+1) 9 (+1) 5 (+1) 4 (+3) 109(+22) 0 0 13 (+4) 4 (+1) 0 0 1 (+1) 0 18 (+6) 0 2 (+2) 0 2 (+2) 0 0 0 0 4 (+4) 0 1 7 6 (+2) 3 3 (+1) 3 0 23 (+3) 0 0 4 2 (+1) 2 0 2 (+1) 0 10 (+2) 0 3 (+3) 1 (+1) 2 (+2) 2 (+2) 0 2 (+2) 0 10 (+10) (

  30. Slide 30: TOPIX

    © 2006 SPARX Asset Management Co.,Ltd. 2006 3 ( Lev.2) Lev.1 19.4 12.7 21.0 8.2 13.9 45.1 3.1 9.3 6.3 3.3 4.0 31.1 16.3 4.4 14.7 4.9 9.9 14.0 TOPIX TOPIX TOPIX TOPIX TOPIX 97 5 2000 1 97 8 2000 6 99 7 2003 2 ( ) 24.4% 17.5% 12.0% 6.4% 23.2% 18.7% 1 2) ( Lev2 ( Lev1) VCI ) 2 30 3) TOPIX 1

  31. Slide 31: Investment & Research, USA, Inc. SPARX Overseas, Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 1. 100 SPARX Overseas, Ltd. SPARX Investment & Research, USA, Inc. 2. 2 ( Lev2) 1 ( Lev1) 3. 5 2002 3 2003 3 2004 3 2005 3 2006 3 -0.22 -25.58 78.05 5.54% 60.69% 4.37 -19.98 70.25 13.26 44.34 / Lev2 9.68 -6.41 37.92 2.36% 27.95% / Lev1 7.09 -7.31 27.76 2.96% 18

  32. Slide 32: Slide 32

SPARX Asset Management — FY2005 Earnings Presentation on 6ix