Sparx Group Co., Ltd. · TSE:8739

Sparx — SPARX Asset Management — Q3 FY2005 Earnings Presentation

27 slides from Sparx's earnings presentation, Feb 13, 2006

  1. Slide 1: 2006 2006

    2006 3 3 2006 2 13

  2. Slide 2: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2

  3. Slide 3: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2006 3 3 3

  4. Slide 4: Cosmo Investment Management Co., Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2006 3 3 – 2005 12 14,142 2005 12 – 3 86.8 48.2% ) 3 74.9 187.4% 3 97.6 77.2% 3 76.5 164.0% 113.7 67.8% Cosmo investment management Co., Ltd. – 1,549 2005 12 4

  5. Slide 5: AUM summary versus TOPIX

    © 2006 SPARX Asset Management Co.,Ltd. 3 2005 3 2006 3 3 3 (AUM) 7,329 7,556 10,827 +47.7% 11,590 14,277 18,731 +61.6% 4,725 6,487 7,326 +55.0% 6,864 7,790 11,405 +66.1% 6,777 7,670 11,376 +67. 8% 3,340 4,264 5,799 +73.6% 123 127 189 +53.7% TOPIX 1,149.63 1,182.18 1,649.76 +43.5% 1 2 2 ) 124 2005 3

  6. Slide 6: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2 3 3 %) ( ( ( 2,689 - 9.8 5,039 31.2 11,002 130.8 18,731 61.6 2,355 32.2 2,880 44.0 3,444 66.1 8,680 48.2 229 - 79.6 2,039 14.7 7,494 187.4 9,763 77.3 104 37.0 119 87.2 63 -25.8 287 27.5 1,798 34.5 2,145 33.9 3,382 89.3 7,326 55.0 890 - 45.8 2,894 29.2 7,620 1

  7. Slide 7: AUM by client type

    © 2006 SPARX Asset Management Co.,Ltd. AUM) 2003 2004 2004 2005 2005 9 3 9 3 12 256 282 685 839 1,119 7.9% 926 1,049 1,327 1,398 1,805 12.8% 435 573 576 890 1,488 10.5% 1,589 2,483 2,734 3,132 5,555 39.3% 1,349 1,633 1,970 2,195 4,019 28.4% 5 6 6 86 153 1.1% 4,563 6,028 7,301 8,542 14,142 100.0% ( %

  8. Slide 8: AUM change by fund

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2005 12 2005.3 8,542 -1,229 3,228 +1,999 +5,599 3,599 2005.12 14,142 -2,000 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 2005 3 2005 12 2,739 455 -479 611 3,326 395 203 -17 185 766 267 71 -4 83 418 2,876 1,012 -465 1,539 4,963 1,517 745 -262 812

  9. Slide 9: AUM and fees

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 3 3 5,856 7,962 8,680 +48.2% 0.89 0.88 0.84 -0.05 4,941 6,626 6,799 +37.6% 5,508 6,011 9,763 +77.3% AUM 58.3 55.0 50.9 -7.4 225 303 287 +27.5% 11,590 14,277 18,731 +61.6% 1 3 2 2 2006 3 3 Cosmo 9 Investment Management Co., Ltd. 3 Cosmo Investment

  10. Slide 10: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 3 12 7,556 10,827 0.88 0.84 6,649 9,094 3,508 4,399 3,141 4,695 127 189 1 2 2006 3 3 3 12 3) 3 12 2006 3 10 4 Cosmo Investment Management Co., Ltd. 100

  11. Slide 11: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 3 3 7,329 7,556 10,827 +47.7% 4,042 4,484 6,292 +55.7% 898 931 1,249 +39.1% 30 44 266 +786.7% 209 220 134 -35.9% 30 32 58 +93.3% 297 297 1,571 +429.0% - - 190 - 5,508 6,011 9,763 +77.3% 1 2 11 2 Cosmo Investment Management Co., Ltd.

  12. Slide 12: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 45.0% 42.4 40.0% 35.0% 30.0% 25.0% 21.0 20.0% 17.4 16.8 15.0% 10.0% 5.0% 2.4 0.0% 4 -6 7 -9 10 - 12 1 -3 ( 1) 2005 12 2005 12 2 12 ( 2)

  13. Slide 13: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 45.0% 42.4 40.0% 35.0% 30.0% 25.0% 21.0 20.0% 17.4 16.8 15.0% 10.0% 5.0% 2.4 0.0% 4 -6 7 -9 10 - 12 1 -3 ( 1) 2005 12 2005 12 2 13 ( 2)

  14. Slide 14: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 45.0% 42.4 40.0% 35.0% 30.0% 25.0% 21.0 20.0% 17.4 16.8 15.0% 10.0% 5.0% 2.4 0.0% 4 -6 7 -9 10 - 12 1 -3 ( 1) 2005 12 2005 12 2 14 ( 2)

  15. Slide 15: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 2005 3 2006 3 3 3 1,205 1,599 2,071 +71.9% 135 172 142 +4.9% 216 295 268 +23.8% 1,749 2,453 2,752 +57.4% 637 - 1,244 +95.2% 216 288 229 +6.3% 267 371 367 +37.2% 273 374 461 +68.6% 119 166 172 +43.6% 541 766 861 +59.1% 4,725 6,487 7,326 +55.0% 1 2 15 2

  16. Slide 16: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 4 (-1) 45 (+12) 15 (-1) 14 (+2) 9 (+1) 9 (+1) 5 (+1) 4 (+3) 105(+18) 0 0 12 (+3) 4 (+1) 0 0 1 (+1) 0 17 (+5) 0 2 (+2) 0 2 (+2) 0 0 0 0 4 (+4) 0 1 7 5 (+1) 3 3 (+1) 3 0 22 (+2) 0 0 4 2 (+1) 2 0 2 (+1) 0 10 (+2) 0 3 (+3) 1 (+1) 1 (+1) 2 (+2) 0 1 (+1) 0 8 (+8) (Co

  17. Slide 17: Fund performance versus TOPIX

    © 2006 SPARX Asset Management Co.,Ltd. 2005 12 ( Lev.2) Lev.1 19.4 13.4 21.4 8.5 13.8 49.2 2.5 9.1 5.7 2.5 3.4 31.3 16.9 4.3 15.7 6.0 10.4 17.9 TOPIX TOPIX TOPIX TOPIX TOPIX 97 5 2000 1 97 8 2000 6 99 7 2003 2 ( ) 24.6% 17.4% 12.1% 6.4% 23.6% 18.2% 1 2) ( Lev2 ( Lev1) VCI ) 2 17 3) TOPIX 1

  18. Slide 18: Performance record by fund

    © 2006 SPARX Asset Management Co.,Ltd. 1. 100 SPARX Overseas, Ltd. SPARX Investment & Research, USA, Inc. 2. 2 ( Lev2) 1 ( Lev1) 3. 5 2001 3 2002 3 2003 3 2004 3 2005 3 -25.25 -0.22 -25.58 78.05 5.55% -12.14 4.37 -19.98 70.25 13.26 / Lev2 -4.20 9.68 -6.41 37.92 0.91% / Lev1 2.02 (10 ) 7.09 -7.30 29.

  19. Slide 19: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 19

  20. Slide 20: SPARX International (Hong Kong) and IXIS JV

    © 2006 SPARX Asset Management Co.,Ltd. • ¾ SPARX International (Hong Kong) Limited 17 8 • ¾ IXIS Corporate & Investment Bank JV ( 17 9 ) – SPARX – IXIS • ¾ Cosmo Investment Management Co., Ltd 1,549 17 12 ¾ SPARX Korea Long-Short Fund 108 17 12 • ¾ 1 17 9 ) – 50 7 1.31% • ¾ 18 10 ) 20

  21. Slide 21: © 2006 SPARX Asset Management Co.,Ltd.

    © 2006 SPARX Asset Management Co.,Ltd. 21

  22. Slide 22: M&A

    © 2006 SPARX Asset Management Co.,Ltd. • • M&A • • • • • • • 22

  23. Slide 23: MBO, MBI and strategic investment

    © 2006 SPARX Asset Management Co.,Ltd. • 1 • 1 • 22 • • 12 • N/A 25 2005 12 • Cosmo • MBI • MBO Investment Management • MBI Co., Ltd. • Strategic investment • • 23

  24. Slide 24: AUM

    © 2006 SPARX Asset Management Co.,Ltd. AUM) 24

  25. Slide 25: SPARX

    © 2006 SPARX Asset Management Co.,Ltd. ( SPARX == 47 47 == 91 91 (( 1) 1) AUM AUM ++ ++ 10,827 10,827 0.84% 0.84% 44 44 98 98 33 •• AUM AUM •• •• •• •• •• •• AUM AUM AUM AUM •• •• AUM AUM )) 25

  26. Slide 26: Net Asset Value Per Share

    © 2006 SPARX Asset Management Co.,Ltd. Net Asset Value Per Share NAVPS NAVPS NAVPS 26

  27. Slide 27: Slide 27

SPARX Asset Management — Q3 FY2005 Earnings Presentation on 6ix