Loadstar Capital Kk · TSE:3482
Loadstar Capital Kk — Q3 2023 Earnings Presentation
25 slides from Loadstar Capital Kk's earnings presentation, October 2023
Slide 1: Q3 FY2023 Financial Results
Q3 FY2023 Financial Results (Nine months ended September 30, 2023) Loadstar Capital K.K. Securities Code: 3482 October, 2023 © Loadstar Capital ALL RIGHTS RESERVED
Slide 2: Real estate and technology opening up the future market
不動産とテクノロジーの融合が 未来のマーケットを切り開く 1
Slide 3: Table of Contents
Table of Contents １．Topics of the Q3 FY2023 P. 3 ２．Overview of the Q3 FY2023 Financial Results P. 6 ３．Business Overview by Segment P. 11 ４．FY2023 Forecast and Real Estate Market Outlook P. 21 © Loadstar Capital ALL RIGHTS RESERVED 2
Slide 4: Topics of the Q3 FY2023
1 Topics of the Q3 FY2023 © Loadstar Capital ALL RIGHTS RESERVED 3
Slide 5: Highlight
Highlight FY2023 Q3 Financial Results • We, Loadstar Capital K.K. ("the Company") have achieved solid results in all of our businesses; Corporate Funding, Asset Management, and Crowdfunding. • We aim to achieve the full-year plan. At the same time, we are looking into the business performance for th
Slide 6: Topics of the Q3 FY2023
Topics of the Q3 FY2023 ① Achieved revenue growth for 11th consecutive fiscal year As of Q3, consolidated net sales exceeded the previous year's figure, achieving the target of revenue growth for the 11th consecutive year. ②Prime Suehirocho ② Sold our property and received a mandate for AM Following
Slide 7: Overview of the Q3 FY2023 Financial Results
2 Overview of the Q3 FY2023 Financial Results © Loadstar Capital ALL RIGHTS RESERVED 6
Slide 8: Consolidated Sales
Consolidated Sales • Consolidated sales increased 49% year on year to 23.8 billion yen, already exceeding the prior year's sales as of Q3. • The real estate market has remained strong, and in FY2023, we have engaged in transactions with various industries, including Japanese real estate companies, i
Slide 9: Cost structure
Consolidated Profit before income taxes and Cost Controls • Consolidated profit before income taxes was 6.2 billion yen, up 12% year on year. • As we made good progress in acquiring real estate, interest expenses, financing fees, and other costs have increased. • Regarding the interest rate swaps pr
Slide 10: Consolidated Statements of Income
Consolidated Statements of Income FY2023Q3 Results FY2023 (Forecasts) Progress vs. % of Net % of Net % of the previous Amount % Y-o-Y original Amount sales sales fiscal year (¥ millions) forecast Net sales 23,841 100.0% 149.4% 81.3% 29,342 100.0% 124.1% Gross Profit 8,437 35.4% 116.3% 83.3% 10,129 3
Slide 11: Consolidated Financial Position
Consolidated Financial Position • We purchased 8 properties including large-scale transactions and sold 10 properties. As a result, the balance of real estate as inventory, our future business foundation, totaled 57.9 billion yen. • As we successfully sold our properties, the liquidity reached recor
Slide 12: Business Overview by Segment
3 Business Overview by Segment © Loadstar Capital ALL RIGHTS RESERVED 11
Slide 13: Real Estate Investments
Real Estate Investments Real Estate X Tech to Open Up a New Market Real Estate Investments Real Estate Tech BROKERAGE CORPORATE FUNDING ASSET MANAGEMENT / ADVISORY SERVICES CROWDFUNDING Investment in real Management of Comprehensive Japan’s first real estate using internal investment real estate sup
Slide 14: Corporate Funding Business Results: Real estate investment sales
Corporate Funding Business Results 【Real Estate Investment Sales】 • Sales in Q3 increased 54% year on year to 21.1 billion yen due to the sales of several properties. • Given the increased liquidity, we shall focus on purchasing offices, our core business, and hotels toward the fiscal year -end. Net
Slide 15: Corporate Funding Business Results: Real estate leasing sales
Corporate Funding Business Results 【Real Estate Leasing Sales】 • Our two hotels performed better than expected, capturing demand from both Japanese and foreign visitors. • Our third hotel, ALFIT HOTEL & BAR AKASAKA, opened in October and is expected to become a rent income contributor. • Cost of lea
Slide 16: Corporate Funding Business Results
Corporate Funding Business Results • Profit margins on property sales continue to remain high, reflecting the market's resilience. • In FY2023, we purchased 8 properties including large -scale transactions and sold 10 properties. As a result, we have successfully increased the balance of real estate
Slide 17: Asset Management Business Results
Asset Management Business Results • Following Q2, we secured ongoing AM fees by receiving a mandate for asset management after the sale of our property. • AUM decreased due to the sale of some of our assets. However, due to the disposition fees, AM sales increased 52% year on year to 546 million, re
Slide 18: Real Estate Tech
Real Estate Tech Real Estate X Tech to Open Up a New Market Real Estate Investments Real Estate Tech BROKERAGE CORPORATE FUNDING ASSET MANAGEMENT / ADVISORY SERVICES CROWDFUNDING Investment in real Management of Comprehensive Japan’s first real estate using internal investment real estate support fo
Slide 19: Crowdfunding Business Results
Crowdfunding Business Results • Thanks to the favorable real estate market conditions, the Crowdfunding business performed well, posting sales of 334 million yen (up 21% y -o-y). • Operating loans decreased 33% to 5.6 billion yen from the previous year -end, due to new loans of 5.5 billion yen and r
Slide 20: Crowdfunding Business (KPI)
Crowdfunding Business（KPI） • We launched a new marketing campaign through our official LINE account. Also, to attract new investors, we created special investment allotments for first-time investors to OwnersBook. • We have set an STO project launch in the medium-term management plan. However, we pl
Slide 21: Return to Shareholders
Return to Shareholders Basic Policy • We continue our efforts to improve corporate value and shareholder profit by expanding business performance. Dividend Policy • Aiming for dividend payout ratio of 17%, we shall continue stable and continuous return of profits. Surplus Dividend to For Future Grow
Slide 22: FY2023 Forecast and Real Estate Market Outlook
4 FY2023 Forecast and Real Estate Market Outlook © Loadstar Capital ALL RIGHTS RESERVED 21
Slide 23: Forecasts for the fiscal year ending December 31, 2023
Forecasts for the fiscal year Ending December 31, 2023 • All businesses performed well, and the full-year results are on track. • We have achieved revenue growth for the 11th consecutive fiscal years since our company's foundation. We will strategically develop our business to increase profits and b
Slide 24: Real Estate Market Outlook
Real Estate Market Outlook ◆ Tokyo ranked second in the Global City Ranking by Investment Volume for 1H 2023, a significant increase from 16th place for the full year of 2022. (source: JLL Investment Market Summary, 2Q 2023) Although the real estate investment volume seems to be declining globally d
Slide 25: Disclaimers
Disclaimers ⚫ The contents of this document are being supplied to you solely for your information and may not be reproduced, redistributed or passed on, directly or indirectly, to any other person or published in whole or in part, for any purpose without our prior permission. This document is being
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