Japan Asia Investment Company, Limited · TSE:8518
Japan Asia Investment — FY2025 Earnings Presentation
19 slides from Japan Asia Investment's earnings presentation, May 15, 2025
Slide 1: Financial Results Overview for Year Ended March 31, 2025
|S AJAIC Financial Results Overview for Year Ended March 31, 2025 Japan Asia Investment Co., Ltd. (JAIC) (TSE 8518) Announcement date : May. 15, 2025 The figures in this document are based on consolidated financial statements prepared in accordance with the previous accounting standards. Financial R
Slide 2: 1. Summary
-...................................... 1. Summary AJAIC v Achieved a 122.9% revenue increase and returned to profitability 1 . Results v Progress in project-oriented investment sales, reduced investment losses in Greater China, and cost reductions contributed. v We missed KPI, such as AUM & AUA, in
Slide 3: 2. Results for the current fiscal year - Outline of results I/S
2. Results for the current fiscal year - Outline of results - I/S ASAIC Factors contributing changes in (million yen) FY 2024 FY 2025 Change profit attributable to owners of the parent 210 Operating revenue 964) 2.150} 122.9% 208 EE) Operating cost 1,392|N 990} (28.9%) 517 Operating gross profit | (
Slide 4: Break down of operating revenue & operating cost
v v - Break down of operating revenue & operating cost 2. Results for the current fiscal year AJAIC Total Invstment Development —_Invstment Management Fund Platform Cf clltieny FY 2024 FY2025 FY2024 FY 2025 FY2024 FY2025 FY 2024 FY 2025 Operating revenue 964] 2,150 314] JM,603 502] Ww 388] A147 158
Slide 5: Platform business script continuation
million yen, securing a profit. Finally, the platform business provides administration services to both domestic and foreign funds, maintaining a highly stable structure. There was a slight increase from last year, with total gross profit rising from 147 million yen to 158 million yen, steadily grow
Slide 6: Sales of group homes for people with disabilities
2. Results for the current fiscal year AJAIC - Sales of 16 group homes for people with disabilities vy In October-November 2024, 16 completed group homes for people with disabilities were transferred. Y This initiative has created an innovative connection between institutional investors seeking high
Slide 7: Outline of results - B/S
2. Results for the current fiscal year AJAIC - Outline of results - B/S (million yen) FY 2024 FY 2025 Change fie ition acter Total assets 10,438 10,693 2.5% collection +3.1, capital increase 50 aaa 38.0% las of investments Cash and deposits 7 & loans (1.0), repayments of ’ A 3 ° Ilan (0.8), expenses
Slide 8: Outline of results - C/F
2. Results for the current fiscal year AJAIC - Outline of results - C/F po ees a = (JPY million) FY 2024 Operating cash flow 456 A 1427 Investing cash flow (2) 24 Financing cash flow (828) A 179 Change in net cash flow (365) 1,650 Cash & cash equivalents at end of period 1,396 3,047 v Operating cash
Slide 9: 3. Progress of the Medium-Term Management Plan - Cost of Capital Management
3. Progress of the Medium-Term Management Plan - AJAIC Action to Implement Management That Is Conscious of Cost of Capital and Stock Price PBR has continued to be below 1. . »> Low return on investment and low asset turnover rate are the causes. Analysis of FY ____[Mar. 2019 Mar. 2020|Mar. 2021 Mar.
Slide 10: Script: redirecting funds to more profitable projects
In this context, it is vital to redirect funds toward more profitable projects, as mentioned earlier, and to recover investments from low-return assets as soon as possible, timely rotating assets. Through this approach, we are not only working to achieve profitability and secure profits but also foc
Slide 11: Progress of the Medium-Term Management Plan - KPI
3. Progress of the Medium-Term Management Plan - KPI AJAIC 15.0 15.0 ¥B 10.0 Plan 3 WH Actual & Forecast lo 1.4 a FY Mar. 2025 FY Mar. 2026 FY Mar. 2026 20.0 30.0 Balance of newly acauired AUM (Assets Under Management) 20.0 15.0 ¥B 10.0 1.5 || FY Mar. 2025 FY Mar. 2026 FY Mar. 2026 Fund Platform Bus
Slide 12: Script: KPI and fund formation expectations
10 billion yen worth of projects under consideration, expectations for fiscal year-end fund formation are high. Accordingly, by the fiscal year ending March 2026 and thereafter, assets under management, encompassing listed stock, venture capital, business revitalization, business succession, and M&A
Slide 13: Group homes for people with disabilities
i... 3. Progress of the Medium-Term Management Plan AJAIC - Group homes for people with disabilities We have mainly developed projects in the Kyushu region through collaboration with local financial institutions. We have executed investments in 11 projects during the FY Mar. 2025. ie Despite asset t
Slide 14: Newly established investment funds
3. Progress of the Medium-Term Management Plan AJAIC - Newly established investment funds Name of fund Inception Total Features commitment 3 eae, amount Private equity fund targeting publicly listed and privately held companies that JAIC Partners Fund, L.P. Jun. 2024 ¥ 179M collaborate with us to cr
Slide 15: Script: Takachiho and Supply Chain Fund
are involved in collaboration products with films. It is quite likely that when traveling, you will find the name Takachiho on the packaging. They have a wide distribution network throughout Japan. Our company invests in Takachiho and plans to leverage our networks in Asia, China, and Southeast Asia
Slide 16: 4. Result forecast - Details of result forecast
4. Result forecast - Details of result forecast AJAIC a Actual Result forcast (million yen) FY 2025 FY2026 Change Operating revenue 2,150 2,450 13.9% Operating cost 990 1,050 6.0% Operating gross profit 1,160 1,400 20.7% SG&A expenses 886 900 1.5% Operating income 273 500 82.6% Ordinary income 438 4
Slide 17: 4. Result forecast - Cautionary statements
4. Result forecast - Cautionary statements AJAIC vy The private equity investment business conducted by the Group will be significantly affected by changing factors such as stock markets, given the characteristics of the business. In addition, it has been difficult to forecast results reasonably in
Slide 18: Contact
AJAIC JAIC Japan Asia Investment Co., Ltd. https://www.jaic-vc.co.jp Contact to: IR team in Corporate Management Group IR e-mail : ir@jaic-vc.co.jp Financial Results Overview for Year end of FY Mar. 2025 © Japan Asia Investment Co.. Ltd. 2024 - 14- I would like to provide a larger picture. From the
Slide 19: Script: Takachiho investment example
To explain concretely, the most straightforward example is our investment in Takachiho, which is a wholesaler of tourism and souvenir products. We structured a fund and participated in Takachiho’s third-party allotment of new shares. This alone is fund management and constitutes a fund business. How