Starts Corporation Inc. · TSE:8850

Starts — FY2005 Earnings Presentation

40 slides from Starts's earnings presentation, Jun 7, 2005

1. Slide 1: @SMRTS

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2. Slide 2: @SMRTS

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3. Slide 3: . 20053

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4. Slide 4: > __)|_Jo a

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5. Slide 5: 14.7 11.3 10.0 2004520 1:1.5 13.5 20043 20043 72.96 20043 043 45.44 4

   14.7 11.3 10.0 2004520 1:1.5 13.5 20043 20043 72.96 20043 20043 45.44 4

6. Slide 6: 20053

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7. Slide 7: @SMRTS

   @SMRTS 34 39 51 48 55 56 62 72

8. Slide 8: @SMRTS

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9. Slide 9: @SMRTS

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10. Slide 10: @SMRTS

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11. Slide 11: @SMRTS

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12. Slide 12: @SMRTS

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13. Slide 13: @SMRTS

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14. Slide 14: @SMRTS

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15. Slide 15: @SMRTS

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16. Slide 16: 15

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17. Slide 17: . 20063

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18. Slide 18: 8.3% 30.5 54.6 6.6 0.3% 39.3 52.7 7.7 0% 40.9 50.9 9.7

    8.3% 30.5 54.6 6.6 0.3% 39.3 52.7 7.7 0% 40.9 50.9 9.7 90 17

19. Slide 19: FC97 5/31 2,300 110,000 21555 ®

    201 FC97 5/31 2,300 110,000 24 45 7 21555 ® 18

20. Slide 20: 215,000 100,000 20053 180,000 90,000 82,000 145,000 76,507 70,296 65,032 57,879 110,543 53,450 92,022

    215,000 100,000 92 20053 180,000 90,000 82,000 145,000 76,507 70,296 65,032 57,879 110,543 53,450 92,022 75,757 61,857 52,851 05/03 05/03 19

21. Slide 21: FC64 FC97 FC26 )

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22. Slide 22: TOP Web

    TOP http://www.pitat.com/ http://myhome-auction.com/ http://invest-auction.com/ Web ampm 2 2,300 110,000 View 24 24365 24 87,097 175 27,000 25,27317 5 21

23. Slide 23: 2003116 ) 20041110) 14.0

    8 1 2003116 ) 20041110) 14.0 22

24. Slide 24: REIT PFI

    05/03 19,659 06/03 40,000 REIT PFI 23

25. Slide 25: 24

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26. Slide 26: UP ®

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27. Slide 27: n n n

    n n n n Comfort NEW OZAREA OZAREA OZAREA OZAREA OZAREA OZAREA OZAREA OZAREA OZAREA OZAREA 26

28. Slide 28: SSS

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29. Slide 29: PJT

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30. Slide 30: PFI

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31. Slide 31: • •

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32. Slide 32: @SARIS

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33. Slide 33: Brillia Grande

    Brillia Grande 32

34. Slide 34: @SARIS

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35. Slide 35: @SIARIS

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36. Slide 36: @SIARIS

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37. Slide 37: @SIARIS

    @SIARIS 36

38. Slide 38: @SIARIS

    @SIARIS 37

39. Slide 39: @SIARIS

    @SIARIS 38

40. Slide 40: @SIARIS

    @SIARIS 39

Starts — FY2005 Earnings Presentation on 6ix