NASDAQ Listing Commemoration
Global Strategy Press Conference
SYLA Technologies Co., Ltd.
A p r i l 18, 2023

© 2023 SYLA Technologies CO., LTD. All rights reserved.

Forward-Looking Statements
This presentation contains forward-looking statements. All statements other than statements ofhistorical facts included in this presentation are forward-looking statements. In some cases, forwardlooking statements can be identified by words such as "believe," "expect," "anticipate," "plan,""potential," "continue" or similar expressions. Such forward-looking statements include risks anduncertainties, and there are important factors that could cause actual results to differ materially fromthose expressed or implied by such forward-looking statements. These factors, risks anduncertainties are discussed in the Company's filings with the Securities and Exchange Commission.
Investors should not place any undue reliance on forward-looking statements since they involve
known and unknown uncertainties and other factors which are, in some cases, beyond theCompany's control which could, and likely will, materially affect actual results, levels of activity,
performance or achievements. Any forward-looking statement reflects the Company's current views
with respect to future events and is subject to these and other risks, uncertainties and assumptions
relating to operations, results of operations, growth strategy and liquidity. The Company assumes noobligation to publicly update or revise these forward-looking statements for any reason, or to update
the reasons actual results could differ materially from those anticipated in these forward-looking
statements, even if new information becomes available in the future.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

1March 31, 2023

NASDAQ CapitalMarket IPO
Listing

Listing of realby founder

estate company

First inFirst inJapan and U.S.

Japan

© 2023 SYLA Technologies CO., LTD. All rights reserved.

2

About Us

Trade name

SYLA Technologies Co., Ltd.

Location

7F Ebisu Prime Square, 1-1-39 Hiroo, Shibuya-ku, Tokyo

Representative

Hiroyuki Sugimoto

Chief Executive Officer (CEO), Co-President and Director

Capital stock

1,062,396,709 yen (8,060,062USD, 1USD=131.81JPY)

Listed Stockexchange

NASDAQ Capital Market

Business

Prop tech business, centered on the "Rimawari-kun"
asset management platform, and development of"Rimawari-kun AI"© 2023 SYLA Technologies CO., LTD. All rights reserved.

3

Management Philosophy

Enriching the 100-year life era withtechnology and asset management
Love and technology enduring
beyond the century
Real estate asset management throughthe platform to solve social problems

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

4

Table of Contents

FINANCIAL RESULTS

01 For the Fiscal Year Ended December 31, 2022
BUSINESS

02 Overview

GROWTH STRATEGY

03 Five Pillars of Our Global Strategy© 2023 SYLA Technologies CO., LTD. All rights reserved.

5

FINANCIAL RESULTS
For the Fiscal Year Ended December 31, 2022

© 2023 SYLA Technologies CO., LTD. All rights reserved.

6

SYLA Group Business Structure

Rimawari-kun (Crowdfunding business)

Rimawari-kun Apartment Management (Sales of investment apartment)

Rimawari-kun Pro (Sales and brokerage of whole residence and building)

Rimawari-kun Solar (Sales of solar power plant)

Asset Management Business
Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

7

Business Growth through Platform Expansion (Consolidated)(Unit: Million USD: 1USD=131.81JPY)

Net Revenues
180.0

Gross Profit
167.3

30.0

27.3

160.0

23.9

25.0
140.0

21.4

126.4

120.0
100.0

20.0

99.7
15.0

80.0
60.0

10.0

40.0
5.0
20.0
0.0

0.0
FY2020
4Q Total

FY2021
4Q Total

FY2022
4Q Total

FY2020
4Q Total

FY2021
4Q Total

FY2022
4Q Total

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

8

SYLA Group Sales Trend (Consolidated)(Unit: Thousand USD: 1USD=131.81JPY)
180,000

167,330

160,000
140,000

126,435

120,000
99,690100,000
77,94680,00082,297

83,89020182019

70,49755,01460,00059,574

48,806

38,58040,00029,95220,000
2,550
0

2011

2012

2013

2014

2015

2016

2016
*December

2017

2020

2021

2022

Financial statements in or before fiscal year 2019 have not been audited by an independent auditing firm.
Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

9Condensed Income Statement (Consolidated)(Unit: Thousand USD: 1USD=131.81JPY)
FY 2021
Net Revenues
Cost of revenues
Gross profit
Gross profit margin
Selling, general andadministrative expenses
Income from operations
Net income attributable to SYLATechnologies Co., Ltd.

FY 2022

Variance

126,435

167,330

32.34%

102,544

139,989

36.52%

23,891

27,34114.44%

21.42%

18.90%―

18,714* 21,433

14.53%

5,177

5,908

14.12%

2,105

2,996

42.33%* $2,810 thousand in legal and professional expenses including the costs for IPO to NASDAQ

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

10Condensed Balance Sheet (Consolidated)(Unit: Thousand USD: 1USD=131.81JPY)
FY 2022

FY 2021

Variance (2021 vs 2022)

67,854

108,489

59.89%Cash and deposits*

22,024

21,785-1.09%

Inventories

38,552

79,791106.97%

Non-current assets

94,986

117,540

23.74%

63,38480,36226.79%

484

1,475

204.75%

Goodwill

3,170

5,521

74.16%

Total assets

162,840

226,030

38.80%

Current liabilities

31,47238,93823.72%

17,296

14,070-18.65%89,017137,272

54.21%

69,278117,31269.34%

42,35149,81917.63%

Capital stock

1,176

1,226

4.25%

Capital surplus

20,55822,667

10.26%

Retained earnings

18,08620,99216.07%

Current assets

Property, plant and equipment
Intangible assets

Short-term debt**
Non-current liabilities
Long-term debt***
Equity*Cash and deposits includes cash and cash equivalents and restricted cash and Term deposits** Short-term debt includes current portion of long-term loans and long-term bonds*** Long-term debt includes long-term loans and long-term bonds
Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

11

Asset Management Business: Number of Units Managed / Net Revenues

Unit: M illion USD,
1USD=131.81JPY

Unit smanaged

13.21

3,200
3,100

14.00
12.00

9.39

10.12
10.00

3,000

8.00

2,900

3,193

2,800

4.00

2,700
2,600

6.00

2,788

Net revenues

Number of units managed

3,300

2,854
2.00

2,500

0.00
FY2020

Number of units managed

FY2021

FY2022

Net revenues (Asset Management Business)

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

12

BUSINESS
Overview© 2023 SYLA Technologies CO., LTD. All rights reserved.

13

Global Real Estate Crowdfunding Companies

Number of registered members

FUNDRISE

387k*

REALTY MOGUL

274k*
252k

*based on our researchhttps://fortune.com/2022/07/09/rental-property-homes-recession-proof-investment-fundrise-ben-miller/
https://www.goodfinancialcents.com/best-fundrise-alternatives/#2-realtymogul

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

14

Growth Potential of the Real Estate Crowdfunding Market(Unit: 100 million USD: 1USD=132.53JPY)

113.18

3.83
1.75
0.10
FY20180.41

0.70

FY2019FY2020

FY2021

FY2022

FY2026

The real estate investment crowdfunding market is expected to grow at a high rate globally*GrowShip Partners Co.,Ltd. Website

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

15

“Rimawari-kun" – a Platform for “Supportive” Real Estate Crowdfunding
Making “supportive” investment

Exhibiting real estate projects

No.1 share of domestic real estate
crowdfunding market in terms ofmembers

Supporter(Investor)(Planner & Administrator)
Financing through real estate
Call for/invite investors

Social contribution
Regional development
Support for someone's dreamthrough real estate

Rent from residents

Social contribution
Regional development
Support for someone's dreamthrough real estate
Dividend

Rimawari-kun is a real estate fundraising platform is a real estate-based financing platform
with the No. 1 membership in Japan (255,000 members), enabling realization of financing forbusinesses with the concept of “social contribution, regional development, and “supportive”
investment in someone's dreams.” Investors can complete all transactions online.
(1USD=132.53JPY)
Investment can be made from as low as 75.5 USD per investment unit.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

16

Features of the “Rimawari-kun” Asset Management Platform

Unique MarketingAI-based marketing by tier of financial asset holdings
Crowdfunding for the masses, “Rimawari-kun” Pro for corporations and high net
worth individuals

Linkage with Rakuten Points
Reach 100 million people by linking with Rakuten Points
Exclusive marketing collaboration in the real estate industry

Focused Content
Developing products that resonate with investors, such as support funds
Disseminating attractive content such as social contribution, regional development,
and experiential UX

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

17

Case Study 1: Taiki Town Rocket Factory Fund
Rocket Venture, a project funded by Takafumi
Horie Interstellar Technologies, Inc. project(1USD=132.53JPY)

⚫

⚫

⚫

Support groundbreaking space exploration
through real estate investment

SPECIAL SUPPORTER

Takafumi Horie
Japanese businessman, author, investor and TV

Funds totaling approx. 6.3 million USD raised
in a total of approximately 14 days

personality. Founder of Interstellar Technologies
Inc. Takafumi has been involved in a wide rangeof activities including space-related businesses,

ROI = 5.71％

Phase 1
Welding and assemblyshop

authoring, and producing popular apps.

Part 2
Structural Test Building

Part 3
Fuel Test Building

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment.. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

18

Case Study 2: INUNEKO Hills Animal Safety Fund
Project to support and invest in Yusaku
Maezawa's dreams and challenges(1USD=132.53JPY)⚫

⚫

Investment to support Yusaku Maezaw a’s
initiative to save domestic pets.
Contribute to society by supporting activities
to shelter stray or left-behind dogs and cats.

Special Supporter

YusakuMaezawa

Target Realty

Purchase of
Target Realty

Silent Partners

Project Value 1.25m USD(Subscribed Value 1.17m USD)

SPECIAL SUPPORTER

Yusaku Maezawa

Fund Operator

Supporting Investors
Preferred Investors

Investment
in support

General incorporated Association:

Dog and Cat Welfare
Foundation

Subordinate capital
participation

Founder of the ZOZO Corporation, 7.5 billion

USD market cap company in 2018, Yusaku

Donation
754.5 USD p.a.

Rent
Contract

Dividend
3.67% p.a.

became the first Japanese private citizen to
travel to and stay on the International Space

Rent Fee

Station. In 2023 he plans to be the first private

Exit by sales of realty under management
and profit sharing

citizen to orbit the moon aboard the Starship, aUpon delivering 4% dividend p.a. to investors

Rent
Fee

Rent
Contract
Tenants
Caring abandoned
dogs and catslarge rocket being developed by SpaceX-Elon
Musk.

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment.. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

19

Business Environment Surrounding Asset Management Platforms(1USD=132.53JPY)$15.1 trillion USD in personal financial assets, ofwhich 54.2% are cash and deposits
Heightened interest in Asset Management because of inflation

Deregulation in government policies support shift from saving to investing

Government debt 2.5 times Gross Domestic Product in Japan
Increased tax burden due to higher social security costs
Pension reductions make personal asset formation a MUSTThe real estate industry has 0 online transactions
With the law change in 2022, an increase in the percentage of online real estatetransactions is expected
Real estate IDs are expected to increase transparency of information

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

20

Online Real Estate Transactions Expected to Increase
Online Transaction Ratioin the Real Estate Industry

Percentage of Online Transactions
in each Industry

Banks

Securities

Percentage ofinternet banking utilization

Percentage of
online transactions

66.0%

50.2%

*Online reservation ratios for beauty, travel, food and beverage, etc. exceed 40%.

Real Estate
Percentage of
online transactions

0%**The percentage of online transactions is
expected to increase as the law was amended
on May 16, 2022, to allow online transactions.

**MyBoscom‘s “Survey on Internet Banking” (2021)
The Japan Securities Dealers Association’s “National Survey on Securities Investment (Summary of Survey Results)” (2021)**Website of Japanese Ministry of Land, Infrastructure, Transportation and Tourism (April 27th, 2022)
Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Investments may be illiquid, highly speculative
and there is risk of the total loss of your investment.. Please see “Forward-Looking Statements” and the Company’s filings with the Securities and Exchange Commission.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

21

Establishment of Investment Business Division*Trademarks are owned by the respective companies.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

22

Five Pillars of
Our Global Strategy© 2023 SYLA Technologies CO., LTD. All rights reserved.

23

01 Introduction of Rakuten ID Connect Option⚫ Customers can register as a member of
Rimawari-kun using their Rakuten ID⚫ Significantly reduces entry work at
registration⚫ Such usability improvements
accelerate Rimawari-kun member
acquisition*Use of Rakuten ID is based on customer consent.

© 2023 SYLA Technologies CO., LTD. All rights reserved.

24

02 Release of Rimawari-kun App
The screenshot is for reference only.

Just hold your phone overyour Individual Number Card

Registration

Scheduled to bereleased in
Mid-June 2023

Identity
confirmation
Pi

Start ofinvestment

Minimum of 1 minutefrom registration to investment© 2023 SYLA Technologies CO., LTD. All rights reserved.

25

03 Conversion from Rakuten Points to Rimawari-kun Points

1 Point = 1 Point

Rimawari-kun Point(Regular points)

Utilizing Rimawari-kun Points
allows for better returns
cash＋

investors

Rimawari-kun Points

funds*Exchanges can be made in increments of 1,000 points.

© 2023 SYLA Technologies CO., LTD. All rights reserved.

26

04 GRCF Initiative (Government Real Estate Crowdfunding)National/local
government

PR/City Promotion

Supporting investors

Offering Benefits ofmore than just financial returnon investment
Investment

Advantages

Deduction of 20% of investment

Released from needing tomanage idle assets
Reduced fiscal burden© 2023 SYLA Technologies CO., LTD. All rights reserved.

Advantages
Dividends/Returns

Helping publicfinances
Social contribution

Growing Interest
in investing27

04 GRCF Initiative (Government Real Estate Crowdfunding)Continued deficit
If operation continues,
deficit of 0.8 million USD
per year continues.

Negative
SpiralSolving problems
through collaboration⚫ Know-how of private operators⚫ Use of reconstruction subsidies⚫ Utilization of rent subsidies

MaintenanceRepair expense

Reconstruction costs

An additional 2.3 million USDof cost incurred formaintenance and repair

7.5 million USD for reconstruction
Residents moving out
Business period of about 3 years

Rehabilitation of“non-performing”
assets(1USD=132.53JPY)© 2023 SYLA Technologies CO., LTD. All rights reserved.

28

05

Research on Childcare Support Housing
through Industry-Government-Academia Collaboration
Started collaborative research from April 10th

National/local
government

Proactive approach to childcare

Educational
institution

support housing throughindustry-government-academia
collaboration

SYLA
Technologies© 2023 SYLA Technologies CO., LTD. All rights reserved.

29

Listing Commemoration Campaign
The first 200 customers who subscribe to Rakuten Mobile will receive 5,000 points!

© 2023 SYLA Technologies CO., LTD. All rights reserved.

30

Democratizing real estate investment around the world

Toward a globally recognized company© 2023 SYLA Technologies CO., LTD. All rights reserved.

31