Jafco Group Co., Ltd. · TSE:8595
Jafco — Investor Presentation (October 2026)
25 slides from Jafco's investor presentation, Oct 6, 2026
Slide 1: Presentation for New Investors
Presentation 2023年3月期 for JAFCOを知る New Investors 決算説明資料 JAFCO Group Co., Ltd. ジャフコグループ株式会社 April 24, 2026 SUMMARY OF FINANCIAL RESULTS
Slide 2: Correction to the Presentation for New Investors
Correction to the Presentation for New Investors The following corrections were made as of October 6, 2026. The corrected sections are indicated with red framing. P. 17: Numerical Highlights for Venture and Buyout Investment in FY March 2026 <Before correction> <After correction> SUMMARY OF FINANCIA
Slide 3: Contents
Contents • Our Goal and Its Feasibility 4 • Section 1: Business Overview and Track Record 5 – 17 • Section 2: Basic Plan for Enhancing Corporate Value and Its Feasibility 18 – 24 • Corporate Overview 25 The contents of this document are based on materials available at the time of its compilation and
Slide 4: Our Goal and Its Feasibility
Purpose Fueling perpetual growth; investing in bold visions Our Goal and Our goal Basic policy for enhancing Its Feasibility corporate value Promote growth strategy × Improve capital efficiency See P18-23 Goal: ROE of 15％-20％ Target ROE of 10–15% in the medium term (2028.03–2030.03) and 15–20% in th
Slide 5: Section 1: Business Overview and Track Record
Section 1: Business Overview and Track Record SUMMARY OF FINANCIAL RESULTS 5
Slide 6: Business Endeavors for Realizing Our Purpose
Purpose Fueling perpetual growth; investing in bold visions Cumulative total of Cumulative number of Business Endeavors for Track Record funds managed portfolio companies Total IPOs Realizing Our Purpose ¥1.2 trillion 4,247 cos. 1,041 cos. *As of March 31, 2026 Venture Investment Buyout Investment B
Slide 7: Flagship Fund SV8 Series Established
Overview of the SV8 Series Flagship Fund “SV8 Series” Established In December 2025 the SV8 Series* was Atsushi Fuji established, the first flagship fund in three Representing Through the SV8 Series, we will invest in bold visions, V8 Partners embrace the challenge of fostering companies that will an
Slide 8: Our Two Business Domains: Venture and Buyout Investment
Combining the strengths of venture and buyout investment to achieve greater performance Our Two Business Venture investment Buyout investment Domains investment Target of • Companies in their early to mature stages that • Startups in their founding to growth stages have realized earnings Our busines
Slide 9: Investment Track Record
Exits Venture Investment Track Record * Commit to new business creation and jointly shape the future Buyout * Based on this Mission, we have helped entrepreneurs create various innovative products and services. Investments We will continue to capture the changing times and take on the challenge with
Slide 10: Business Model
Relationship building and cooperation Business Model Capital Funds Highly selective, intensive commitments investment Limited Portfolio partners ROI* companies Investment Distributions JAFCO invests in unlisted securities by channeling Fund size recovery (exit) capital gathered from investors into f
Slide 11: Three Sources of Income
1. Fund management fees Limited partners Capital • Fixed fees for the management of funds commitments Fund management fees • Capital commitments from limited partners*** (AUM) × Three Sources of Income Approx. 2% per annum • Key driver: External capital commitments (AUM) Funds x Fund management Our
Slide 12: Sustainable Competitive Advantages
Sustainable Competitive Purpose Fueling perpetual growth; investing in bold visions Advantages Our strengths are our investment management and Enhancing corporate value fundraising capabilities, supported by our organizational foundation. Investment management Fundraising capabilities capabilities B
Slide 13: JAFCO's Presence With Large IPOs
2016 to 2025 Total Holdings in IPOs*1 with Market Cap of ¥20 Billion or More (First Price-Basis) Venture investment ¥150.9 billion CompanyＡ CompanyＢ JAFCO’s Presence With CompanyＣ CompanyＤ 18 cos. Large IPOs CompanyＥ CompanyＦ 83 cos. CompanyＧ CompanyＨ CompanyＩ We have a track record of creating mega
Slide 14: Buyout Investment Utilizing Our VC Know-How and Network
Buyout investment Growth support leveraging knowhow from business succession investments IPO EXIT Buyout Investment Utilizing Our VC Know-How and We utilized our knowhow as a VC on cutting-edge services to contribute to a significant improvement in gross profit margin / EBITDA through business shift
Slide 15: The 3 Management Resources That Are Key to Growth
No. of investment professionals with 10+ years of experience Human Capital The private equity investment business calls for strong 21 individuals, and having a system for nurturing No. of “most influential venture capital The 3 Management investment professionals is vital. investors in Japan” 16 (pa
Slide 16: Financial Highlights for FY March 2026
Total net sales Ordinary income Adjusted ROE Capital commitments (AUM) (5 yrs average) ¥312.8 Financial Highlights for billion FY March 2026 ¥21.6 ¥5.9 5.4% External capital commitments* billion billion ¥173.8 Net sales amounted to ¥21.6 billion (YoY decrease billion (Both are domestic figures, excl
Slide 17: Numerical Highlights for Venture and Buyout Investment in FY March 2026
Numerical Highlights Revenue from operational investment IPOs (domestic) (Domestic figure excluding overseas funds) Balance of operational investment securities Number of investment professionals securities (unlisted) (domestic) for Venture and BO BO (Domestic figure excluding overseas funds) BO BO
Slide 18: Section 2: Basic Plan for Enhancing Corporate Value and Its Feasibility
Section 2: Basic Plan for Enhancing Corporate Value and Its Feasibility SUMMARY OF FINANCIAL RESULTS 18
Slide 19: Enhancing Corporate Value by Promoting Growth Strategy and Improving Capital Efficiency
Enhancing Corporate Value Enhance corporate value in a bid to achieve ROE of 15%–20% by Promoting Our Growth Strategy and Improving Promote growth strategy Improve capital efficiency Capital Efficiency We advance our growth strategy by enhancing our ROI* Total shareholder 80％ investment performance
Slide 20: Shifting Focus to Domestic Investment
Revenue status Core income：Most recent SV7 fund (¥97.8 billion) was 80% external investment; Core income is Domestic generally in balance Capital gains：While subject to the impact of the market, a degree of capital gains are continually realized through several IPOs, M&A, etc. Shifting Focus to Over
Slide 21: Aiming For an ROE of 15%-20%
Image of financial target and medium-to long-term plan indices within the framework of the basic policy for improving corporate value Aiming For an ROE of Past initiatives and results Financial target : 15%–20% Results for FY ended Results for FY ended Results for FY ended Results for FY ended Resul
Slide 22: Our Primary Targets and Four Initiatives for Achieving Our Goal
Primary targets Initiatives Our Primary Targets and Further evolution of highly selective, intensive investment • Develop seed projects in view of pre- and post-startup stages Four Initiatives for Return on investments (ROI*) • Promote exits (not just IPOs) and establish approaches • Create synergy
Slide 23: Shareholder Returns Policy
FY March 2026 onward Shareholder Returns Standard The greater of 6% DOE* or a 50% payout ratio Policy FY March 2026 Dividend Projected annual dividends: ¥133 per share (Interim dividends: ¥66.5; Year-end dividends: ¥66.5) The dividend policy is to pay out the greater of either 6% DOE (shareholders’
Slide 24: Shareholder Returns
FY March 2026 Dividend policy Total return ratio: 108％ 285.7％ Dividend per share 266.5% Pay out the greater of 6% Interim ¥66.5 DOE*5 or a 50% payout ratio Shareholder Returns Year-end ¥66.5 Annual ¥133.0 *5 Shareholders’ equity at the end of the previous fiscal year (¥39.5 billion) No changes have
Slide 25: Corporate Data
Transferred the US subsidiary, 2026 JAFCO America Ventures Inc. Shifted focus to domestic investments (Icon) Corporate Data Transferred the Asia subsidiary, JAFCO Investment (Asia Pacific) Ltd 2025 Jointly developed first domestic publicly 2024 offered investment trust for Japanese stocks incorporat