Loadstar Capital Kk · TSE:3482

Loadstar Capital Kk — 9M FY2017 Earnings Presentation

29 slides from Loadstar Capital Kk's earnings presentation, November 2017

  1. Slide 1: Earnings Briefing: Nine Months Ended September 30, 2017

    Nine months ended September 30, 2017 Earnings Briefing Loadstar Capital K.K. Securities code: 3482 November 2017

  2. Slide 2: Table of Contents

    Table of Contents １．Overview of Financial Results for the Nine Months Ended September 30, 2017 2 ２．Company Overview, Business Details 9 ３．Future Growth Strategy 15 ４．Appendix 20 © Loadstar Capital ALL RIGHTS RESERVED 1

  3. Slide 3: Overview of Financial Results for the Nine Months Ended September 30, 2017

    １．Overview of Financial Results for the Nine Months Ended September 30, 2017 © Loadstar Capital ALL RIGHTS RESERVED 2

  4. Slide 4: Consolidated Financial Results Highlights

    Consolidated Financial Results Highlights  Net sales were 120.0% versus FY2016 1Q-3Q  Operating profit was 125.9% versus FY2016 1Q-3Q, despite TSE listing related expenses （¥ millions） FY2016 1Q-3Q FY2017 1Q-3Q Results % of Net % of Net Increase in number Amount Amount % Y-o-Y Sales Sales of prope

  5. Slide 5: Consolidated Financial Results Highlights and Forecasts

    Consolidated Financial Results Highlights  Due to a change in properties we are planning to sell, forecasts have been revised  We expect to achieve Y-o-Y increases in both net sales and operating profit in FY2017, while profit is expected to reach our target （¥ millions） FY2017 1Q-3Q Results FY201

  6. Slide 6: Corporate Funding Business Results

    Corporate Funding Business Results Real estate investment  Sold 4 office buildings and 1 residential building in Tokyo’s 23 wards as of September 30, 2017 Real estate leasing  Held 13 properties as of September 30, 2017, with book value of ¥14.4 billion （¥ millions） 6,000 6,640 不動産投資売上 Real estate

  7. Slide 7: OwnersBook Performance

    OwnersBook Performance （¥ millions） Cumulative Investment Amount 3,000 2,677 Transactions closed: 70 2,000 1,809 Actual yield to date: 4.6％～14.5％※ 1,415 1,031 Actual management period: 1,000 737 636 1 month – 17 months 387 286 33 43 103 184 （Including redemptions before maturity） 0 4Q 1Q 2Q 3Q 4Q 1Q

  8. Slide 8: OwnersBook Performance

    OwnersBook Performance  Membership has grown significantly due to reinforcement of online marketing started in FY2016 2H and publicity activities launched in 2017.  Membership growth has enabled investment in large transactions.  Thanks to the TSE listing, net sales in the crowdfunding business h

  9. Slide 9: Consolidated Balance Sheet

    Consolidated Balance Sheet  Steady increase in real estate for sale  Focused on transaction sourcing so as to effectively utilize the funds raised through the public offering  Equity-to-asset ratio excluding deposits received from silent partnership is 23.6% （¥ millions） 12/31/2016 9/30/2017 % vs

  10. Slide 10: Business Details

    ２．Business Details © Loadstar Capital ALL RIGHTS RESERVED 9

  11. Slide 11: Corporate Philosophy and Business Areas

    Corporate Philosophy and Business Areas Corporate Philosophy Real Estate X Tech to Open Up a New Market © Loadstar Capital ALL RIGHTS RESERVED 10

  12. Slide 12: Corporate Funding Business Overview

    Corporate Funding Business Overview Acquire mainly medium-sized office buildings within Tokyo’s 23 wards that Point 1 are undervalued compared to their intrinsic value Increase value-added through renovations, improvements in vacancy Point 2 rates, etc. Sell Information Real estate Increase real App

  13. Slide 13: Crowdfunding Business Overview (Loan-type)

    Crowdfunding Business Overview（Loan-type） ＜OwnersBook Overview＞ Point 1 Japan’s first real estate-focused crowdfunding service Our proprietary platform offers individual investors an opportunity to Point 2 invest in real estate-backed loans Invest in transactions Loan Dividends, Interest, principal

  14. Slide 14: OwnersBook Example 1

    OwnersBook Example 1 Ginza Commercial Building transaction ■transactions Overview [Ginza Commercial Building 1-1] ・Total amount raised: ¥400.5 million ・Expected yield: 5.0%（annualized） ・Expected management period: 24 months ・Senior loan ★Backed by real estate stringently assessed by real estate appr

  15. Slide 15: OwnersBook Example 2

    OwnersBook Example 2 Traditional Kyoto Townhouse Revitalization Project ■transactions Overview [Kyoto City, Shimogyo-ku, Traditional Kyoto Townhouse Revitalization 1-1] ・Total amount raised: ¥40.5 million ・Expected yield: 5.0%（annualized） ・Expected management period: 14 months ・Senior loan ★Backed b

  16. Slide 16: Future Growth Strategy

    ３．Future Growth Strategy © Loadstar Capital ALL RIGHTS RESERVED 15

  17. Slide 17: Sustained Growth in the Corporate Funding Business

    Sustained Growth in the Corporate Funding Business Point 1 Enhanced financing capability leveraging the merits of TSE listing Information network built through many years of experience, quickly Point 2 acquire and accumulate assets （¥ millions） Increase Investment in the Real Estate Business Domain

  18. Slide 18: Acceleration of Growth in the Crowdfunding Business

    Acceleration of Growth in the Crowdfunding Business Number of investor members Crowdfunding Number of business investments offered Investment amount per person growth Enhanced awareness Diversification of of crowdfunding investment products Enter the equity investment-type Media exposure crowdfundin

  19. Slide 19: Equity Investment-type Crowdfunding Business

    Equity Investment-type Crowdfunding Business Equity investment-type crowdfunding is a completely new real estate Point 1 investment technique for individual investors Point 2 Diversifying opportunities for gains compared to loan-type crowdfunding Model Up-front Fee Asset Management fee Disposition F

  20. Slide 20: Medium-term Growth Image

    Medium-term Growth Image Grow the crowdfunding business to the point Goal where its profits are similar to the profits in the corporate funding business New asset management platform Stabilize management foundation by expanding real estate investment domain Current Future © Loadstar Capital ALL RIGH

  21. Slide 21: Appendix

    Appendix © Loadstar Capital ALL RIGHTS RESERVED 20

  22. Slide 22: Company Profile (as of 9/30/2017)

    Company Profile（as of 9/30/2017） Company Name Loadstar Capital K.K. Address Zegna Ginza Building 6F, 2-6-16 Ginza, Chuo-ku, Tokyo 104-0061, Japan Founded March 14, 2012 Representative President & CEO Tatsushi Iwano Share Capital ¥1,178 million Number of Officers 35 and Employees Consolidated Loadsta

  23. Slide 23: Management Team

    Management Team Tatsushi Iwano President April 1996 Joined Japan Real Estate Institute April 2000 Joined Goldman Sachs Realty Japan Ltd. August 2004 Joined Rockpoint Management Japan LLC March 2012 Founded Loadstar Capital K.K. Assumed office as President (current) May 2014 Assumed office as Preside

  24. Slide 24: History/Financial Results

    History/Financial Results Total number of OwnersBook registered members surpasses 10,000（as of 10/31) Leading company in “AI-Checker” launch real estate Loadstar Funding K.K. founded tech Launch of crowdfunding service “OwnersBook” 2017 2016 Listed on the TSE Mothers market 2014 Capital increase via

  25. Slide 25: Loadstar Capital's Strengths

    Loadstar Capital’s Strengths A team of real estate and IT professionals leading the way in creating new value in real estate investment New product development and Ability to respond to sourcing capabilities market changes, Stability Innovation Japan’s first real supported by a stable financial base

  26. Slide 26: Crowdfunding Business in Japan and Overseas

    Crowdfunding Business in Japan and Overseas The domestic market is expanding, and going forward equity investment-type crowdfunding is expected to grow as it has overseas Japan’s crowdfunding market Overseas crowdfunding market （¥100 millions） （¥100 millions） 1,200 36,000 34,440 Donation-type Other

  27. Slide 27: OwnersBook Features

    OwnersBook Features Small investment amounts Online platform allows for starting from ¥10,000 lower investor costs Free-of-charge member Makes it easy to invest in real registration, estate through small investments no investment fees, free annual membership Can invest according to risk All transact

  28. Slide 28: Renren Group Overview

    Renren Group Overview Operates internet businesses in China. Company RENREN Inc. Name 8 N Third Ring Road East The leading real name SNS company in China. Address Beijing, China In addition to SNS, Renren Inc. has a video sharing site, online games, and a smartphone-based social networking service p

  29. Slide 29: Disclaimer

    Disclaimer This document contains outlooks, future plans, management targets, and other information related to the Company. Statements concerning future outlooks are based on current assumptions for future events and trends, and the accuracy of these assumptions is not guaranteed. Actual results may

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