Dear Life Co., Ltd. · TSE:3245
Dear Life — H1 FY2022 Earnings Presentation
24 slides from Dear Life's earnings presentation, May 13, 2022
Slide 1: Presentation of Financial Results for the First Half of Fiscal 2022
Presentation of Financial Results for the First Half of Fiscal 2022, Ending September 30, 2022 DEAR LIFE CO., LTD. May 13, 2022 Securities code 3245 on the Prime Market of the Tokyo Stock Exchange
Slide 2: Overview of the Dear Life Group’s Businesses
Overview of the Dear Life Group’s Businesses Real Estate Business ◼ Development and sale of real estate in central Tokyo ◼ Development of urban residences and commercial buildings ID Inc. and ID Property Co., Ltd. Note: Hereinafter, the “ID Group” ◼ Development of residences, apartments, and detache
Slide 3: INDEX
INDEX ☑ Summary of Financial Results in the First Half of Fiscal 2022 4 ▶ Main Factors Underlying Results ▶Highlights: Exercising of stock acquisition rights ☑ Explanation of Financial Results in the First Half of Fiscal 2022 7 ▶ Financial Results and Key Performance Indicators ▶ Income Statement an
Slide 4: INDEX
INDEX ☑ Summary of Financial Results in the First Half of Fiscal 2022 4 ▶ Main Factors Underlying Results ▶Highlights: Exercising of stock acquisition rights ☑ Explanation of Financial Results in the First Half of Fiscal 2022 7 ▶ Financial Results and Key Performance Indicators ▶ Income Statement an
Slide 5: Summary of Financial Results in the First Half of Fiscal 2022
Summary of Financial Results in the First Half of Fiscal 2022 The ID Group and DLX Holdings’ performance contributed. Large sales of income-producing properties progressed with sales and profit increasing significantly year on year. Fiscal 2021 Fiscal 2022 first half first half Net sales ¥4,873 mill
Slide 6: Summary: Raised approximately ¥1.3 billion by exercising stock acquisition rights
Summary of Financial Results in the First Half of Fiscal 2022 Raised approximately ¥1.3 billion by exercising third-party allocation of stock acquisition rights As of the end of March, 45% had been allocated. Attempts made to further expand real estate investment portfolio through capital expansion.
Slide 7: INDEX
INDEX ☑ Summary of Financial Results in the First Half of Fiscal 2022 4 ▶ Main Factors Underlying Results ▶Highlights: Exercising of stock acquisition rights ☑ Explanation of Financial Results in the First Half of Fiscal 2022 7 ▶ Financial Results and Key Performance Indicators ▶ Income Statement an
Slide 8: Financial Results and Key Performance Indicators
Financial Results and Key Performance Indicators in the First Half of Fiscal 2022 Increased sales and profits through selling a large number of properties. Property acquisitions also going well, expanding balance sheet. Fiscal 2021 Fiscal 2022 Percentage Difference 1st half 1st half change (Millions
Slide 9: Main Results from the Consolidated Income Statement
Main Results from the Consolidated Income Statement in the First Half of Fiscal 2022 Increased sales and profits due to the sale of many properties including income- producing real estate. Fiscal 2021 Fiscal 2022 Percentage Difference 1st half 1st half change (Millions of yen) ① ② ②－① ②/① Net sales
Slide 10: Main Results from the Consolidated Balance Sheet
Main Results from the Consolidated Balance Sheet as of the End of the First Half of Fiscal 2022 Purchasing going ahead at a pace significantly higher than last year. Expanded significantly with the addition of the ID Group. (Billions of yen) 40 Real estate for Assets sale ① Priority given to purchas
Slide 11: Analysis of Consolidated Cash Flows in First Half of Fiscal 2022
Analysis of Consolidated Cash Flows in First Half of Fiscal 2022 ☑ In addition to raising funds by exercising stock acquisition rights, progressed smoothly with funding from financial institutions. (Billions of yen) Borrowing for property acquisitions, etc. Raising funds by exercising stock ＋ acquis
Slide 12: INDEX
INDEX ☑ Summary of Financial Results in the First Half of Fiscal 2022 4 ▶ Main Factors Underlying Results ▶Highlights: Exercising of stock acquisition rights ☑ Explanation of Financial Results in the First Half of Fiscal 2022 7 ▶ Financial Results and Key Performance Indicators ▶ Income Statement an
Slide 13: Real Estate Business (1): Properties Sold in the First Half of Fiscal 2022
Real Estate Business (1): Properties Sold in the First Half of Fiscal 2022 14 properties were handed over in the first half to domestic and overseas investors. ● Of the 14 legally transferred, ID sold three, which included development sites and detached houses. ● Ten sales contracts also concluded t
Slide 14: Real Estate Business (2): Property Portfolio Expansion
Real Estate Business (2): Property Portfolio Expansion in the First Half of Fiscal 2022 ☑ Purchases made with selective focus on Central Tokyo even in a competitive environment ● In the first half of fiscal 2022, we acquired development sites and income-producing properties worth approximately ¥13 b
Slide 15: Overview of Affiliates: ID Inc. and ID Property Co., Ltd.
Overview of Affiliates ID Inc. and ID Property Co., Ltd. ● Became subsidiaries on October 1. Promotes high profitability through organizational restructuring and sharing of knowledge. ● Using the fund raising strength of Dear Life to help keep costs down. ● Three properties were sold in first half,
Slide 16: INDEX
INDEX ☑ Summary of Financial Results in the First Half of Fiscal 2022 4 ▶ Main Factors Underlying Results ▶Highlights: Exercising of stock acquisition rights ☑ Explanation of Financial Results in the First Half of Fiscal 2022 7 ▶ Financial Results and Key Performance Indicators ▶ Income Statement an
Slide 17: Profit Targets for Fiscal 2022
Profit Targets for Fiscal 2022 ☑ Aiming to achieve medium-term management plan with goal of ordinary profit of ¥5 billion. ☑ DLX Holdings, which became a subsidiary, sets ID on a path of growth. Ordinary profit Profit attributable to owners of parent Fiscal year targets and results for ROE and ROA (
Slide 18: Real Estate Business: Investment Strategies in Fiscal 2022
Real Estate Business: Investment Strategies in Fiscal 2022 ◼ Carefully search for and select real estate in central Tokyo which is highly marketable, scarce, and in demand for leasing, even amid the COVID-19 pandemic. ◼ Strengthen extremely efficient sales style by expanding project scale for every
Slide 19: Real Estate Business: Sales Strategies in Fiscal 2022
Real Estate Business: Sales Strategies in Fiscal 2022 ☑ Steady level of interest in assets invested in or operated by the Company. ☑ Focus on development, planning and sale projects that have a short turnaround time without missing out on profit-making opportunities. ☑ Energetic sales activity conce
Slide 20: (Reference material) List of Main Property Projects
(Reference material) List of Main Property Projects Kagurazaka-Yaraicho II project Kinshicho IV project Omori VI project Main development projects currently underway Project name Project type Location Nearest station Omori VI Condominium building development Shinagawa Ward, Tokyo Approx. 9-minute wa
Slide 21: (Reference material) List of Main Property Projects
(Reference material) List of Main Property Projects DeLCCS Kagurazaka-Tsukudocho DeLCCS Yotsuya Arakicho Main income-producing properties currently owned Project name Asset type Location Nearest station Philpark Omotesando Commercial building Shibuya Ward, Tokyo Approx. 5-minute walk from Omotesando
Slide 22: INDEX
INDEX ☑ Summary of Financial Results in the First Half of Fiscal 2022 4 ▶ Main Factors Underlying Results ▶Highlights: Exercising of stock acquisition rights ☑ Explanation of Financial Results in the First Half of Fiscal 2022 7 ▶ Financial Results and Key Performance Indicators ▶ Income Statement an
Slide 23: Shareholder Returns Policy
Shareholder Returns Policy ☑ Dividend: Plans to implement a dividend payout ratio of 40% for fiscal 2022. Target of ¥34 per share for year-end dividend. Dividend per share and payout ratio over the past five years (Yen) 40 50% *2 45.4% 30 35 42.6% 40.0% 39.8% 40% 30 *1 27 2 25 3 30% Commemorative di
Slide 24: Investor Relations Enquiries
Investor Relations Enquiries Contact details for enquiries regarding this presentation Corporate Strategy Unit, DEAR LIFE CO., LTD. E-mail: ir@dear-life.co.jp The forecast results and forward-looking statements described in this presentation are expectations of the Company’s management deemed reason