Haseko Corporation · TSE:1808

Haseko — FY2005 Earnings Presentation

18 slides from Haseko's earnings presentation, May 24, 2006

1. Slide 1: Financial Results for FY ended March 2006 (Data Supplement)

   ᐔᚑ㧝㧤ᐕ㧟᦬ᦼ㧔╙㧤㧥ᦼ㧕 ᳿▚⺑᣿⾗ᢱ㧔࠺࡯࠲✬㧕 ࡮ ⷐ⚂៊⋉⸘▚ᦠ㧔ㅪ⚿㧕 㧼㧝㨪㧼㧞 ࡮ ⷐ⚂⾉୫ኻᾖ⴫㧔ㅪ⚿㧕࡮ⷐ⚂ࠠࡖ࠶ࠪࡘࡈࡠ࡯⸘▚ᦠ 㧼㧟㨪㧼㧠 ࡮ ⷐ⚂៊⋉⸘▚ᦠ㧔න૕㧕 㧼㧡 ࡮ ⷐ⚂⾉୫ኻᾖ⴫㧔න૕㧕 㧼㧢 ࡮ න૕ฃᵈ㜞ផ⒖ 㧼㧣㨪㧼㧤 ࡮ ਥⷐሶળ␠ߩਥߥ༡ᬺᜰᮡ 㧼㧥 ࡮ ㅪ⚿ሶળ␠ߩ᭎ⷐ 㧼㨪㧼 ࡮ ✚ᚭᢙⷙᮨ೎ଏ⛎‫ޔ‬ೋ᦬⽼ᄁ⁁ᴫ 㧼 ࡮ 㚂ㇺ࿤࡮ㄭ⇰࿤ࡑࡦ࡚ࠪࡦᏒᴫ 㧼㨪㧼 ࡮ ࠻ࡇ࠶ࠢࠬ 㧼 ࡮ ߏෳ⠨⾗ᢱ ⊒ⴕᷣఝవᩣᑼߩ᭎ⷐ 㧼 ᐔᚑᐕ᦬ᣣ ᩣᑼળ␠‫ޓ‬㐳⼱Ꮏࠦ࡯ࡐ࡟࡯࡚ࠪࡦ ᧄ⾗ᢱߢ⸥ㅀߐࠇߡ޿ࠆᬺ❣੍ᗐߪ‫⾗ᧄޔ‬ᢱ⊒⴫ᣣ⃻࿷ߦ߅޿ߡ౉ᚻน⢻ߥ

2. Slide 2: Summary Income Statement (Consolidated)

   ⷐ⚂៊⋉⸘▚ᦠ㧔ㅪ⚿㧕 㧔න૏㧦ం౞㧕 ೨ᦼ ᦼೋ੍ᗐ ᒰᦼ ೨ᦼᲧ ੍ᗐ ೨ᦼᲧ ਥߥᄌേࠦࡔࡦ࠻ ᦼ ᦼ ᦼ ᦼ ᄁ‫ޓ‬਄‫ޓ‬㜞 ቢᚑᎿ੐㜞 ࡮㐳⼱Ꮏන૕ߩᎿ੐㊂Ⴧടߣਇੑᑪ⸳ߩᣂⷙㅪ⚿ ⸳⸘⋙ℂᄁ਄㜞 ٌ ⾓⾉▤ℂ෼౉ ਇേ↥ᄁ਄㜞 ࡮㐳⼱Ꮏන૕ߩᎿ੐ฃᵈࠍ⋡⊛ߣߒߚਇേ↥ขᒁߩჇട ٌ ߘߩઁ੐ᬺ෼౉ ᄁ਄✚೑⋉ ቢᚑᎿ੐✚೑⋉ ࡮ቢᚑᎿ੐㜞ߩჇട࡮೑⋉₸ߩᡷༀ 㧔ቢᚑᎿ੐✚೑⋉₸㧕 2 ٌ2 ⸳⸘⋙ℂᄁ਄✚೑⋉ ٌ ⾓⾉▤ℂ✚೑⋉ ਇേ↥ᄁ਄✚೑⋉ ࡮ਇേ↥ᄁ਄㜞ߩჇട ٌ ߘߩઁ੐ᬺ✚೑⋉ ٌ ٌ ⽼ᄁ⾌෸߮৻⥸▤ℂ⾌ ࡮㧞␠ᣂⷙㅪ⚿ߦࠃࠆჇട ༡‫ޓ‬ᬺ‫ޓ‬೑‫⋉ޓ‬ ٌ

3. Slide 3: Breakdown of Extraordinary Income and Losses (Consolidated)

   ⷐ⚂៊⋉⸘▚ᦠ㧔ㅪ⚿㧕 ․೎៊⋉䈱ౝ⸶ 㧔න૏㧦ం౞㧕 ೨ᦼ ᒰᦼ ᦼߩౝኈ ᦼ ᦼ ․೎೑⋉ 㪎㪋㩷 㪏㩷 ௌോ⾈ᚯ⋉ 㪍㪋㩷 㪌㩷 ࿕ቯ⾗↥ᄁළ⋉ 㪉㩷 㪄㩷 䈠䈱ઁ 㪏㩷 㪊㩷 䊶⾉ୟᒁᒰ㊄ᚯ౉ ․೎៊ᄬ 㪈㪃㪈㪉㪏㩷 㪌㪋㩷 ᷫ៊៊ᄬ 㪋㪇㪏㩷 㪋㪎㩷 䊶ᄁළ⏕ቯ䈫⾓ᢱ෼౉䈱ᷫዋ䈮઻䈉૶↪ଔ୯䈱ਅ⪭䈮䉋䉎៊ᄬ⹺⼂ ࿕ቯ⾗↥ಣಽ៊䊶ਇേ↥ᢛℂ៊ᄬ 㪎㪉㩷 㪊㩷 ⾉ୟᒁᒰ㊄➅౉㗵 㪉㪇㪎㩷 㪉㩷 ⽼ᄁ↪ਇേ↥╬⹏ଔ៊ 㪊㪏㪏㩷 㪄㩷 ࿯࿾⾈ᚯ៊ᄬᒁᒰ㊄➅౉㗵 㪋㪉㩷 㪄㩷 䈠䈱ઁ 㪈㪈㩷 㪈㩷 䌐㪅㩷㪉

4. Slide 4: Summary Balance Sheet (Consolidated) and Cash Flow

   ⷐ⚂⾉୫ኻᾖ⴫㧔ㅪ⚿㧕 㧔න૏㧦ం౞㧕 ೨ᦼ ᒰᦼ ೨ᦼᲧ ਥߥᄌേࠦࡔࡦ࠻ ᧃ ᧃ ᵹേ⾗↥ ⃻㊄㗍㊄ ٌ ࡮ఝవᩣᑼ⾈౉‫ޔ‬୫౉㊄㄰ᷣ╬‫ޔ‬ਇേ↥ᛩਅߩჇട╬ ฃขᚻᒻ࡮ቢᚑᎿ੐ᧂ෼౉㊄╬ ࡮Ꮏ੐㊂Ⴧᄢߦ઻߁Ⴧട ᧂᚑᎿ੐ᡰ಴㊄╬ ࡮Ꮏ੐㊂Ⴧᄢߦ઻߁Ⴧട ༡ᬺ↪ਇേ↥ ᵈ㧕 ࡮ฃᵈࠍ⋡⊛ߣߒߚਇേ↥ขᒁ෸߮੐ᬺෳ↹ߩჇട ⍴ᦼ⾉ઃ㊄ ➅ᑧ⒢㊄⾗↥ ߘߩઁ ٌ ⾉ୟᒁᒰ㊄ ٌ ٌ 㧗 ࿕ቯ⾗↥ ٌ ᦭ᒻ࿕ቯ⾗↥ ୫࿾ᮭ ٌ ࡮ᷫ៊⹺⼂࡮ᷫଔఘළߦࠃࠆᷫዋ ᛩ⾗᦭ଔ⸽೛ 㐳ᦼ⾉ઃ㊄ ٌ ࡮⾉ઃ㊄࿁෼ߦࠃࠆᷫዋ 㐳ᦼ➅ᑧ⒢㊄⾗↥ ٌ ߘߩઁ ٌ ⾉ୟᒁᒰ㊄ ٌ ٌ ⾗‫ޓ↥ޓ‬ว‫⸘ޓ‬ ᵹ

5. Slide 5: Inventory and Interest-Bearing Debt Balances, Shareholders' Equity

   ⷐ⚂⾉୫ኻᾖ⴫㧔ㅪ⚿㧕 ଻᦭ਇേ↥ᱷ㜞Ყセ 㧔න૏㧦ం౞㧕 ᧃ ᧃ ೨ᦼᲧ ਥߥᄌേࠦࡔࡦ࠻ ታ❣ ታ❣ ‫⽼ޓ‬ᄁ↪ਇേ↥ ࡮෼⋉‛ઙ㧔ࡈࠔࡦ࠼߳ᄁළ੍ቯ㧕߳ߩᛩਅ ‫ޓ‬ਇേ↥੐ᬺᡰ಴㊄ ࡮ᑪ⸳ฃᵈࠍ⋡⊛ߣߒߚਇേ↥ᛩਅ㧔ઍⴕ࡮੐ᬺෳ↹㧕 ‫ޓ‬㐿⊒↪ਇേ↥╬ ࡮ࠝ࡯ࠪࡖࡦࡐࠗࡦ࠻⸘↹‫ޔ‬㊁↰⸘↹ ༡ᬺ↪ਇേ↥ ࿕ቯ⾗↥ ᵈ ٌ ࡮ᷫ៊៊ᄬٌ‫ޔ‬ᷫଔఘළٌ‫ޔ‬ᄁළٌ‫⸳ޔ‬஻ᛩ⾗ ‫ઁޔ‬ ว⸘ ‫ޓ‬ᵈ㧦᦭ᒻ࿕ቯ⾗↥㧗୫࿾ᮭ ᦭೑ሶ⽶ௌᱷ㜞Ყセ 㧔න૏㧦ం౞㧕 ᧃ ᧃ ೨ᦼᲧ ਥߥᄌേࠦࡔࡦ࠻ ታ❣ ታ❣ 㐳⍴୫౉㊄ ٌ ࡮୫౉㊄㄰ᷣ‫ޔ‬ௌോ⾈ᚯߒߣㆇォ⾗㊄⺞㆐㧔ࠦࡒ࠶࠻ࡔࡦ࠻࡜

6. Slide 6: Summary Income Statement and Balance Sheet (Non-consolidated)

   ⷐ⚂៊⋉⸘▚ᦠ㧔න૕㧕 㧔න૏㧦ం౞㧕 ․೎៊⋉ߩౝ⸶ 㧔න૏㧦ం౞㧕 ೨ᦼ ᦼೋ੍ᗐ ᒰᦼ ೨ᦼᲧ ੍ᗐ ೨ᦼᲧ ೨ᦼ ᒰᦼ ᦼ ᦼ ᦼ ᦼ ᦼ ᦼ ᄁ‫ޓ‬਄‫ޓ‬㜞 ․೎೑⋉ 㪎㪊㩷 㪉㪉㩷 ቢᚑᎿ੐㜞 ௌോ⾈ᚯ⋉ 㪍㪋㩷 㪌㩷 ᬺോฃ⸤ᄁ਄㜞 ٌ 䈠䈱ઁ 㪐㩷 㪈㪎㩷 ⸳⸘⋙ℂᄁ਄㜞 ٌ ․೎៊ᄬ 㪈㪃㪊㪇㪉㩷 㪋㪏㩷 ⾉ቶ༡ᬺ෼౉ ٌ ٌ ᷫ៊៊ᄬ 㪈㪋㪋㩷 㪋㪋㩷 ਇേ↥ᄁ਄㜞 ٌ ⾉ୟᒁᒰ㊄➅౉㗵 㪍㪇㪋㩷 㪉㩷 ᄁ਄✚೑⋉ ٌ ࿕ቯ⾗↥ᄁළ៊䊶ਇേ↥ᢛℂ៊ᄬ 㪍㪏㩷 㪈㩷 ቢᚑᎿ੐✚೑⋉ ⽼ᄁ↪ਇേ↥╬⹏ଔ៊ 㪉㪋㪐㩷 㪄㩷 ᬺോฃ⸤ᄁ਄✚೑⋉ ٌ 㑐ଥળ␠ᩣᑼ⹏ଔ៊ 㪈㪐㪉㩷

7. Slide 7: Summary Balance Sheet (Non-consolidated)

   ⷐ⚂⾉୫ኻᾖ⴫㧔න૕㧕 㧔න૏㧦ం౞㧕 Ꮏ੐ฃ⿥Ყセ 㧔න૏㧦ం౞㧕 ೨ᦼ ᒰᦼ ೨ᦼᲧ ᧃ ᧃ ೨ᦼᲧ ᧃ ᧃ ታ❣ ታ❣ ᵹേ⾗↥ ‫ᧂޓ‬ᚑᎿ੐ᡰ಴㊄㧔# ⃻㊄㗍㊄ ٌ ‫ᧂޓ‬ᚑᎿ੐ฃ౉㊄㧔$ ฃขᚻᒻ࡮ቢᚑᎿ੐ᧂ෼౉㊄ ว⸘㧔$ 㧔# ਇേ↥੐ᬺᧂ෼౉㊄㧔ᵈ㧕 ᧂᚑᎿ੐ᡰ಴㊄ ༡ᬺ↪ਇേ↥㧔ᵈ㧕 ଻᦭ਇേ↥ᱷ㜞Ყセ 㧔න૏㧦ం౞㧕 ➅ᑧ⒢㊄⾗↥ ٌ ᧃ ᧃ ೨ᦼᲧ ߘߩઁ ٌ ታ❣ ታ❣ ࿕ቯ⾗↥ ٌ ‫⽼ޓ‬ᄁ↪ਇേ↥ ᦭ᒻ࿕ቯ⾗↥ ୫࿾ᮭ ٌ ‫ޓ‬ਇേ↥੐ᬺᡰ಴㊄ ᛩ⾗᦭ଔ⸽೛ ‫ޓ‬㐿⊒↪ਇേ↥╬ 㑐ଥળ␠ᩣᑼ ༡ᬺ↪ਇേ↥ 㐳ᦼ⾉ઃ㊄ ٌ ࿕ቯ⾗↥ ᵈ ٌ 㑐ଥળ␠㐳ᦼ⾉ઃ

8. Slide 8: Non-consolidated Orders Received Trends

   න૕ฃᵈ㜞ផ⒖ ฃᵈ㜞ផ⒖ 㧔න૏㧦ం౞㧕 ᦼ ᦼ ᦼ ╙㧝 ਛ㑆 ╙㧟 ㅢᦼ ╙㧝 ਛ㑆 ╙㧟 ㅢᦼ ਛ㑆ᦼ ೨ᐕ ㅢᦼ ྾ඨᦼ ታ❣ ྾ඨᦼ ታ❣ ྾ඨᦼ ታ❣ ྾ඨᦼ ታ❣ ೨ᦼᲧ ੍ᗐ หᦼᲧ ੍ᗐ ೨ᦼᲧ ฃᵈ㜞 ٌ ᑪ⸳੐ᬺ ٌ ᳃㑆ಽ⼑㩙㩧㩆㨸㩧 ٌ ৻⥸Ꮏ੐ ٌ ࿯ᧁᎿ੐ ᬺോฃ⸤ ٌ ٌ ⸳⸘⋙ℂ੐ᬺ ٌ ٌ ਥߥฃᵈߩ᭎ⷐ ‛ઙฬ⒓ ੐ᬺਥ ᚲ࿷࿾ ᚭᢙ ᢝ࿾㕙Ⓧ ᭎ⷐ ᧲੩ࡈࡠࡦ࠹ࠖࠕࠪ࠹ࠖ ⮮๺ਇേ↥ࢃઁ ᧲੩ㇺ⨹Ꮉ඙ ᚭ ট‫ ޓ‬㋕㛽㋕╭ࠦࡦࠢ࡝࡯࠻ㅧ‫ޔ‬࿾਄㓏࿾ਅ㓏ᑪ ┫Ꮏ੍ቯ‫ޓ‬ᐔᚑᐕ᦬ ࠬ࠲࡯ࠦ࡯࠻⼾ᵮ ฬ㋕ਇേ↥ࢃઁ ᧲੩ㇺᳯ᧲඙ ᚭ ট‫ ޓ‬㋕㛽㋕╭

9. Slide 9: Orders Received by Scale and Region

   න૕ฃᵈ㜞ផ⒖ ⷙᮨ೎ฃᵈ㜞㧔᳃㑆ಽ⼑ࡑࡦ࡚ࠪࡦ㧕 㧔න૏㧦ం౞‫ޔ‬㧑㧕 ᦼ ᦼ ೨ᦼᲧ ታ❣ ᭴ᚑᲧ ታ❣ ᭴ᚑᲧ 㨪㧞㧜㧜ᚭᧂḩ 㧞㧜㧜ᚭએ਄㨪㧠㧜㧜ᚭᧂḩ 㧠㧜㧜ᚭએ਄㨪 ٌ ⸘ 㧖᳃㑆ಽ⼑ࡑࡦ࡚ࠪࡦߦઃ㓐ߔࠆᎿ੐ࠍ㒰ߊ‫ޕ‬ ࿾඙೎ฃᵈ㜞 㧔න૏㧦ం౞‫ޔ‬㧑㧕 ᦼ ᦼ ೨ᦼᲧ ታ❣ ᭴ᚑᲧ ታ❣ ᭴ᚑᲧ 㚂ㇺ࿤ ㄭ⇰࿤ ⸘ 㧖ㄭ⇰࿤ߦߪਛ੩࿤ࠍ฽߻‫ޕ‬ ․๮Ყ₸࡮⸳⸘ᣉᎿᲧ₸ ᦼ ᦼ ․๮ฃᵈᲧ₸ ⸳⸘ᣉᎿᲧ₸ 㧖ᑪ⸳੐ᬺߩ߁ߜᬺോฃ⸤ࠍ㒰޿ߚᲧ₸ࠍ⴫⸥ߒߡ޿ࠆ‫ޕ‬ 䌐㪅㩷㪏

10. Slide 10: Key Business Indicators of Major Subsidiaries

    ਥⷐሶળ␠ߩਥߥ༡ᬺᜰᮡ 㐳⼱Ꮏࠕ࡯ࡌࠬ࠻ ᚭ‫ޔ‬ం౞㧕 න૏ం౞ ᦼ ᦼ ᦼ ᦼ ᦼ ᦼ ታ❣ ታ❣ ੍ᗐ ታ❣ ታ❣ ੍ᗐ ฃ⸤⽼ᄁ ᄾ⚂ᚭᢙ ✚ᄁ਄㜞 ขᛒ㜞 ᄁ਄✚೑⋉ ᵹㅢખ੺ ᄾ⚂ᚭᢙ ⽼ᄁ⾌෸߮৻⥸▤ℂ⾌ ขᛒ㜞 ༡ᬺ೑⋉ ว⸘ ᄾ⚂ᚭᢙ ⚻Ᏹ೑⋉ ขᛒ㜞 ᒰᦼ⚐೑⋉ ٌ 㐳⼱Ꮏࠦࡒࡘ࠾࠹ࠖ 㧔ᚭ㧕 න૏ం౞ ᦼ ᦼ ᦼ ᦼ ᦼ ᦼ ታ❣ ታ❣ ੍ᗐ ታ❣ ታ❣ ੍ᗐ ࡑࡦ࡚ࠪࡦ▤ℂᚭᢙ ✚ᄁ਄㜞 ᄁ਄✚೑⋉ ⽼ᄁ⾌෸߮৻⥸▤ℂ⾌ ༡ᬺ೑⋉ ⚻Ᏹ೑⋉ ᒰᦼ⚐೑⋉ 㐳⼱Ꮏ࡜ࠗࡉࡀ࠶࠻ 㧔ᚭ㧕 න૏ం౞ ᦼ ᦼ ᦼ ᦼ ᦼ ᦼ ታ❣ ታ❣ ੍ᗐ ታ❣ ታ❣ ੍ᗐ ࠨࡉ࡝࡯ࠬ ✚ᄁ਄

11. Slide 11: Overview of Consolidated Subsidiaries

    ㅪ⚿ሶળ␠ߩ᭎ⷐ 㧔න૏㧦ం౞‫ੱޔ‬㧕 䋰䋶䋯䋳ᦼ 䋰䋷䋯䋳ᦼ 䋰䋶䋯䋳ᧃ ฬ㩷⒓ ੐ᬺ䈱᭎ⷐ ታ㩷❣ ੍ᗐ 㩿ᩣ㪀㐳⼱Ꮏ ᄁ਄㜞 㪍㪇㩷 㪐㪇㩷 ✚⾗↥ 㪐㪎㩷 䋲䋱਎♿䈱ᤨઍ䈱䊆䊷䉵䈮⋧ᔕ䈚䈢䇸䉰䊷䊎䉴㑐ㅪ੐ᬺ䇹䈱ផㅴᲣ૕䈫䈚䈩䈱੐ᬺᜬᩣળ ␠䇯㐳⼱Ꮏ䉮䊚䊠䊆䊁䉞䇮㐳⼱Ꮏ䊤䉟䊑䊈䉾䊃䇮䉶䊮䉼䊠䊥䊷䊤䉟䊐䇮㐳⼱Ꮏ䉲䉴䊁䊛䉵䈱䉰䊷䊎 㩷㩷㩷㩷㩷㩷䉝䊈䉲䉴 ⚻Ᏹ೑⋉ 㪈㪎㩷 㪊㪉㩷 ⥄Ꮖ⾗ᧄ 㪍㪐㩷 䉴㑐ㅪળ␠⟲䈫䈱৻૕⚻༡䈮ട䈋䇮⥄䉌㪠㪫䉰䊷䊎䉴੐ᬺ䇮䊥䊡䊷䉴੐ᬺ䇮䉟䊮䊁䊥䉝੐ᬺ䉕ዷ ᒰᦼ⚐೑⋉ 㪈㪎㩷 㪊㪈㩷 ᓥᬺຬᢙ 㪈㪈㪈㩷 㐿䇯 㩿ᩣ㪀㐳⼱Ꮏ ᄁ਄㜞 㪊㪌㪉㩷 㪊㪉㪌㩷 ✚⾗↥ 㪈㪊

12. Slide 12: Overview of Consolidated Subsidiaries

    ㅪ⚿ሶળ␠ߩ᭎ⷐ 㧔න૏㧦ం౞‫ੱޔ‬㧕 䋰䋶䋯䋳ᦼ 䋰䋷䋯䋳ᦼ 䋰䋶䋯䋳ᧃ ฬ㩷⒓ ੐ᬺ䈱᭎ⷐ ታ㩷❣ ੍ᗐ ਇੑᑪ⸳㩿ᩣ㪀 ᄁ਄㜞 㪉㪊㪏㩷 㪉㪊㪏㩷 ✚⾗↥ 㪈㪉㪇㩷 ✚วᑪ⸳ᬺ䇯ᑪ▽‛䈱⸳⸘෸䈶Ꮏ੐⋙ℂ䇮࿯ᧁᑪ▽Ꮏ੐䈱ᣉᎿ╬䉕㚂ㇺ࿤䈫ㄭ⇰࿤䉕ਛ ᔃ䈮ⴕ䈉䇯౒ห૑ቛ䈏ਥ䈪䈅䉎䈏䇮໡ᬺᣉ⸳䊶੐ോᚲ╬䈱ฃᵈ᜛ᄢ䉕⋡ᜰ䈜䈫౒䈮㪃ឭ᩺ဳ ⚻Ᏹ೑⋉ 㪏㩷 㪈㪇㩷 ⥄Ꮖ⾗ᧄ 㪊㩷 䊥䊐䉤䊷䊛੐ᬺ䉕ዷ㐿䇯 ᒰᦼ⚐೑⋉ 㪉㩷 㪍㩷 ᓥᬺຬᢙ 㪈㪋㪋㩷 䌈䌁䌓䌅䌋䌏 ᄁ਄㜞 㪈㪏㪊㩷 㪉㪉㪏㩷 ✚⾗↥ 㪊㪎㪐㩷 䊊䊪䉟Ꮊ䉥䉝䊐ፉ䉣䊯䉜䊎䊷䉼࿾඙䈮䈩䇸䉥䊷䉲䊞䊮䊘䉟䊮䊃⸘↹䇹䉕ផㅴਛ䇯 ⸘↹࿾㕙Ⓧ䋺㪈㪃㪈㪈

13. Slide 13: Condominium Supply and First-Month Sales Rate

    ✚ᚭᢙⷙᮨ೎ଏ⛎‫ޔ‬ೋ᦬⽼ᄁ⁁ᴫ 㚂ㇺ࿤ ᐕᐲ 㨪㧕 ᐕᐲ 㨪 ᐕᐲ 㨪 ଏ⛎ᚭᢙ ೋ᦬⽼ᄁ₸ ଏ⛎ᚭᢙ ೋ᦬⽼ᄁ₸ ଏ⛎ᚭᢙ ೋ᦬⽼ᄁ₸ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ో૕ ో૕ ో૕ ో૕ ో૕ ో૕ ᣉᎿ ࠪࠚࠕ ᣉᎿ ᣉᎿ ࠪࠚࠕ ᣉᎿ ᣉᎿ ࠪࠚࠕ ᣉᎿ ᚭᧂḩ 㨪 ᚭᧂḩ 㨪 ᚭᧂḩ 㨪 ᚭᧂḩ 㨪 ᚭᧂḩ ᚭએ਄ ✚⸘ ㄭ⇰࿤ ᐕᐲ 㨪㧕 ᐕᐲ 㨪 ᐕᐲ 㨪 ଏ⛎ᚭᢙ ೋ᦬⽼ᄁ₸ ଏ⛎ᚭᢙ ೋ᦬⽼ᄁ₸ ଏ⛎ᚭᢙ ೋ᦬⽼ᄁ₸ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ᒰ␠ ో૕ ో૕ ో૕ ో૕ ో૕ ో૕ ᣉᎿ ࠪࠚࠕ ᣉᎿ ᣉᎿ ࠪࠚࠕ ᣉᎿ ᣉ

14. Slide 14: Tokyo and Kinki Area Condominium Market Trends

    㚂ㇺ࿤䊶ㄭ⇰࿤䊙䊮䉲䊢䊮Ꮢ႐േะ ᣂⷙଏ⛎ᚭᢙ㧦ᐕᐲߪ㚂ㇺ࿤ߢઙ‫ޓ‬ᚭ㧔೨ᐕᐲᲧ㧑Ⴧ㧕‫ޔ‬ㄭ⇰࿤ߪઙ‫ޓ‬ᚭ หᲧ㧑Ⴧ㧕‫ޕ‬ ‫ޓޓ‬ᐕᐲ‫ޓޓޓޓ‬㚂ㇺ࿤‫ޓ‬ઙ‫ޓ‬ᚭ ೨ᐕᐲᲧ 㧑ᷫ ‫ޓ‬ ࠪࠚࠕ㧑 ೨ᐕᐲᲧ ࡐࠗࡦ࠻࠳࠙ࡦ ‫ޓ‬㐳⼱ᎿᣉᎿ‛ઙ‫ޓޓ‬ㄭ⇰࿤‫ޓ‬ઙ‫ ޓ‬ᚭ ೨ᐕᐲᲧ 㧑Ⴧ ‫ޓ‬ ࠪࠚࠕ㧑 ‫ޓ‬หᲧ‫ࡦ࠙࠳࠻ࡦࠗࡐ ޓ‬㧕 ᣂⷙଏ⛎ᚭᢙ䈱ផ⒖䋨㚂ㇺ࿤䊶ᐕᐲ䋩 ᣂⷙଏ⛎ᚭᢙ䈱ផ⒖䋨ㄭ⇰࿤䊶ᐕᐲ䋩 •ᣂⷙଏ⛎ᚭᢙߪ‫ޔ‬㜞᳓Ḱߩଏ⛎߇⛮⛯ߒߡ޿ࠆ‫ޔߦ․ޕ‬㚂ㇺ࿤ 㩿ᚭ㪀 㩿ᚭ㪀 㪐㪌㪃㪋㪎㪐 ߢߪᐕᐲએ㒠‫ޔ‬㧣ᐕㅪ⛯ߢ㧤ਁᚭࠍ਄࿁ࠆଏ⛎߇⛮⛯ߒߡ޿ 㪈㪇㪇

15. Slide 15: Supply Trends by Area and Sales Rates

    㧟ଏ⛎ߩਛᔃߪㇺౝ඙࡮ᄢ㒋Ꮢߢᄌൻߪߥ޿߽ߩߩ‫ޔ‬㚂ㇺ࿤ߢߪ㨪㨗㨙࿤ࠍਛᔃߦଏ⛎ࠛ࡝ࠕ߇᜛ᄢ‫ޕ‬ •ᐕᐲ߽㚂ㇺ࿤ߢߪㇺౝ඙‫ޔ‬ㄭ⇰࿤ߢߪᄢ㒋Ꮢ߇ଏ⛎ߩਛᔃߢ޽ࠆߎߣߦᄌൻߪߥ߆ߞߚ‫ޕ‬ㇺౝ඙ߩଏ⛎ᚭᢙߪᐕㅪ⛯ߢਁᚭࠍ਄࿁ࠅ‫ޔ‬ ᄢ㒋Ꮢ߽ᚭߣᚭࠍ਄࿁ࠆଏ⛎ߣߥߞߚ‫ޕ‬ •ߒ߆ߒ‫ޔ‬㚂ㇺ࿤ߢߪㇺౝ඙‫ޔ‬ᮮᵿᏒࠍߪߓ߼ߣߒߚㇺᔃㇱߩଏ⛎ᚭᢙߪ‫ޔ‬೨ᐕᐲታ❣ࠍਅ࿁ߞߚ‫৻ޕ‬ᣇ‫ޔ‬ၯ₹⋵ߢߪᚭߣᐕᐲએ᧪‫ޔ‬ ජ⪲⋵ߢ߽ᚭߣᐕᐲએ᧪ߢ‫ਁޔ‬ᚭࠍ਄࿁ࠆ╬‫ޔ‬㇠ᄖ࿾ၞߢߩଏ⛎߇Ⴧടߒߡ޿ࠆ‫ޕ‬ ㄭᐕߩㇺᔃㇱߢߩಽ⼑ࡑࡦ࡚ࠪࡦ੐ᬺ↪࿾ߩขᓧ┹੎ߩỗൻ‫ޔ‬ขᓧଔᩰߩ਄᣹╬߽޽ߞߡ‫

16. Slide 16: Supply by Scale and First-Month Sales Rate

    ✚ᚭᢙⷙᮨ೎ଏ⛎䊶ೋ᦬⽼ᄁ⁁ᴫ䋨㚂ㇺ࿤䊶ᐕᐲ䊔䊷䉴䋩 㧡ᄢⷙᮨ‛ઙߩ⽼ᄁߪ‫ޔ‬㚂ㇺ࿤࡮ㄭ⇰࿤ߣ߽ߦᅢ⺞‫ޕ‬ 䋲䋰䋰䋳ᐕᐲ 䋲䋰䋰䋴ᐕᐲ 䋲䋰䋰䋵ᐕᐲ ଏ⛎ᚭᢙ ೋ᦬⽼ ଏ⛎ᚭᢙ ೋ᦬⽼ ଏ⛎ᚭᢙ ೋ᦬⽼ ో૕ ᄁ₸ ో૕ ᄁ₸ ో૕ ᄁ₸ •ᄢⷙᮨ‛ઙߩ⽼ᄁߪ㚂ㇺ࿤࡮ㄭ⇰࿤ߣ߽ߦ㗅⺞ߦផ⒖ߒߡ޿ࠆ‫ޕ‬ 䇭㩷㪊㪇ᚭᧂḩ 㪍㪃㪇㪈㪐㩷 㪍㪇㪅㪊㩼㩷 㪊㪃㪍㪏㪎㩷 㪌㪐㪅㪏㩼㩷 㪋㪃㪋㪋㪐㩷 㪍㪎㪅㪋㩼㩷 䇭㪊㪇䌾䇭㪌㪇ᚭᧂḩ 㪈㪊㪃㪍㪊㪏㩷 㪍㪍㪅㪎㩼㩷 㪈㪈㪃㪋㪍㪌㩷 㪍㪎㪅㪊㩼㩷 㪈㪈㪃㪊㪎㪇㩷 㪎㪇㪅㪎㩼㩷 ᄢⷙᮨ‛ઙߢ߽‫✚ޔ‬ᚭᢙᚭએ਄ߩ‛ઙߩ⽼ᄁߪᅢ⺞ߢ޽ࠅ‫ޔ‬ᐕᐲ 䇭㪌㪇䌾㪈

17. Slide 17: Topics

    ࠻ࡇ࠶ࠢࠬ 㵰૑䊶໡䊶Ꮏ㵱⺞๺䈱䈫䉏䈢ⶄวᏒⴝ࿾䈱ᒻᚑ 䊙䊮䉲䊢䊮䊥䊐䉤䊷䊛↪䇸䋲䋴ᤨ㑆឵᳇ᶎቶੇ῎䊐䉜䊮䇹䉕໡ຠൻ 䊐䉞䊦䉺䊷ઃ⛎᳇ญ䈪⧎☳䊶䉦䊎⩶䉕䉲䊞䉾䊃䉝䉡䊃 䇸᷼඙⊕㊄৻ৼ⋡᧲࿾඙Ꮢⴝ࿾ౣ㐿⊒੐ᬺ䇹ో૕⸘↹ቢᚑ ૐଔᩰ䊶◲ᤃᣉᎿ䊶⋭䉣䊈ㆇォ䈪䋲䋴ᤨ㑆឵᳇䈫ᶎቶੇ῎䉕ታ⃻ 䌾㚞⋥⚿䈱ㇺᔃ䊤䊮䊄䊙䊷䉪䇸⊕㊄䉝䉣䊦䉲䊁䉞䇹⺀↢䌾 䌾ቶౝ឵᳇⸳஻䈱ήᢱ⸻ᢿ䉕ታᣉ䈚䇮✚ว䊜䊮䊁䊅䊮䉴䉕ឭ᩺䌾 䇭䋨䌈䌁䌓䌅䌋䌏䇭䌄䌉䌇䌅䌓䌔䇭䌐㪊ෳᾖ䋩 䋨䌈䌁䌓䌅䌋䌏䇭䌄䌉䌇䌅䌓䌔䇭䌐㪈㪇ෳᾖ䋩 ᡷᱜ䊶඙ಽᚲ᦭ᴺ䉕ㆡ↪䈚䈢ో࿖ೋ䈱ᑪᦧ䈋੐଀ ૑ቛᕈ⢻⴫␜೙ᐲ䋵ᐕ⋡䈱䇸⸳⸘૑ቛᕈ⢻⹏ଔᦠ䇹 㚂ㇺ࿤ᦨᄢⷙᮨ䈱䊙䊮䉲

18. Slide 18: Overview of Issued Preferred Shares (Reference)

    㧔ߏෳ⠨⾗ᢱ㧕⊒ⴕᷣఝవᩣᑼߩ᭎ⷐ ⊒ⴕ✚㗵 ᒰೋォ឵ଔ㗵 ォ឵ଔ㗵ߩ਄ਅ㒢 ⃻࿷ߩẜ࿷ᩣᢙ ォ឵น⢻ᦼ㑆 ᳿ቯᣇ㊎ ਄㒢‫ޓ‬౞ 㧞㧢ంᩣ 㨪 ╙㧝࿁㧭⒳ 㧝㧤㧤ం౞ 㧣㧞౞ ਅ㒢‫ޓ‬౞ 㧔㧬౞㧕 ਄㒢‫ޓ‬౞ 㧞㧠ంᩣ 㨪 ╙㧞࿁㧭⒳ 㧝㧣㧟ం౞ 㧣㧞౞ ਅ㒢‫ޓ‬౞ 㧔㧬౞㧕 㧔ዊ⸘㧕 㧟㧢㧝ం౞ 㧡㧜ంᩣ ਄㒢‫ޓ‬౞ 㧜㧠ంᩣ 㨪 ቯᤨᩣਥ✚ળ ╙㧞࿁㧭⒳ ‫ޓ‬㧞㧣ం౞ 㧣㧞౞ ᳿⼏ᓟ‫⾈ޓ‬ฃ੍ቯ ਅ㒢‫ޓ‬౞ 㧔㧬౞㧕 ਄㒢‫ޓ‬౞ 㧡㧠ంᩣ 㨪 㨪ᦼ ╙㧠࿁㧭⒳ 㧟㧥㧜ం౞ 㧣㧞౞ ఘㆶ੍ቯ ਅ㒢‫ޓ‬౞ 㧔㧬౞㧕 ォ឵㐿ᆎᣣߩ৻ᐕ೨ߩᤨଔ ਄㒢‫ޓ‬ᒰೋォ឵ଔᩰߩ 㧝㧥ం

Haseko — FY2005 Earnings Presentation on 6ix