Starts Corporation Inc. · TSE:8850

Starts — H1 FY2008 Earnings Presentation

29 slides from Starts's earnings presentation, Nov 27, 2007

1. Slide 1: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

   2008 3 2007 11 27 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 0

2. Slide 2: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

   Copyright 2007 Starts Corporation Inc. All Rights Reserved. 1

3. Slide 3: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

   .2008 3 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 2

4. Slide 4: Group companies

   1 2 Starts International Hawaii Inc. 1 Starts Pacific Inc. 1 Starts International Australia Pty,Ltd. 2 Starts International Korea Co.,Ltd. 2 Starts Guam Golf Resort Inc. Starts Real Estate Consultants (shanghai) Co.,Ltd. 2 Starts Deutschland GmbH. 2 Starts Hong kong Co.,Ltd. 2 Starts International (

5. Slide 5: UP UP DO N

   1.3 UP 16 3.4 UP 1.6 DO N 0.7 UP Copyright 2007 Starts Corporation Inc. All Rights Reserved. 4

6. Slide 6: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

   Copyright 2007 Starts Corporation Inc. All Rights Reserved. 5

7. Slide 7: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

   Copyright 2007 Starts Corporation Inc. All Rights Reserved. 6

8. Slide 8: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

   803 347 878 437 1,149 443 1,290 1,380 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 7

9. Slide 9: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

   62 21 63 26 83 27 102 120 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 8

10. Slide 10: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    110 29 14 103 7 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 9

11. Slide 11: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    Copyright 2007 Starts Corporation Inc. All Rights Reserved. 10

12. Slide 12: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    .2008 3 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 11

13. Slide 13: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    Copyright 2007 Starts Corporation Inc. All Rights Reserved. 12

14. Slide 14: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    500 / 5,000 150 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 13

15. Slide 15: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    Copyright 2007 Starts Corporation Inc. All Rights Reserved. 14

16. Slide 16: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    182 258 285 332 356 423 518 @1,490 / @ 7.5 / Copyright 2007 Starts Corporation Inc. All Rights Reserved. 15

17. Slide 17: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    24 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 16

18. Slide 18: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    , , Copyright 2007 Starts Corporation Inc. All Rights Reserved. 17

19. Slide 19: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    Copyright 2007 Starts Corporation Inc. All Rights Reserved. 18

20. Slide 20: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    Copyright 2007 Starts Corporation Inc. All Rights Reserved. 19

21. Slide 21: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    Copyright 2007 Starts Corporation Inc. All Rights Reserved. 20

22. Slide 22: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    40 2006.4 2007.3 10 33 57 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 21

23. Slide 23: Brillia Grande

    Brillia Grande 2007 11 12 H17.1 CG H19.10 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 22

24. Slide 24: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    . Copyright 2007 Starts Corporation Inc. All Rights Reserved. 23

25. Slide 25: BESIDES

    BESIDES Copyright 2007 Starts Corporation Inc. All Rights Reserved. 24

26. Slide 26: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    ’ 1 2006 5 2005 2004 2003 1995 1997 1999 2004 2005 9 11 2006 11 2007 5 + + Copyright 2007 Starts Corporation Inc. All Rights Reserved. 25

27. Slide 27: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    Copyright 2007 Starts Corporation Inc. All Rights Reserved. 26

28. Slide 28: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    Copyright 2007 Starts Corporation Inc. All Rights Reserved. 27

29. Slide 29: Copyright 2007 Starts Corporation Inc. All Rights Reserved.

    31 512 Copyright 2007 Starts Corporation Inc. All Rights Reserved. 28

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