Investor Presentation
NASDAQ: SYTOctober 2023
© 2023 SYLA Technologies CO., LTD. All rights reserved.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

Forward-Looking Statements
This document contains forward-looking statements. In addition, from time to time, we or our representatives may makeforward-looking statements orally or in writing. We base these forward -looking statements on our expectations and projections
about future events, which we derive from the information currently available to us. Such forward -looking statements relate tofuture events or our future performance, including: our financial performance and projections; our growth in revenue andearnings; and our business prospects and opportunities. You can identify forward -looking statements by those that are nothistorical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplate s,”“estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Factorsthat may cause actual results to differ materially from current expectations include, among other things, those listed under theheading “Risk Factors” and elsewhere in the annual report on Form 20 -F for the fiscal year ended December 31, 2022 that wehave filed with the U.S. Securities and Exchange Commission (the “SEC”). Forward -looking statements are only predictions.
The forward-looking events discussed in this document and other statements made from time to time by us or our
representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties a ndassumptions about us. We are not obligated to publicly update or revise any forward -looking statement, whether as a result of
uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time totime by us or our representatives might not occur. Past performance is not indicative of future results. There is no guarante ethat any specific outcome will be achieved. Investments may be speculative, illiquid and there is a total risk of loss.
Risk Factors
Our business and our ability to execute our business strategy are subject to a number of risks as more fully described in thesection titled “Risk Factors” of our annual report on Form 20 -F for the fiscal year ended December 31, 2022, as filed with theSEC. These risks are not presented in the order of importance or probability of occurrence. These risks are described in greater
detail in our aforementioned Form 20-F. If any of the risks actually occurs, our business, financial condition and results ofoperations could be materially adversely affected.
Convenience U.S. Dollar Translations
Substantially all of our revenues are generated in Japan, and our functional currency and reporting currency is the Japaneseyen. While this document provides convenience translations from Japanese yen to U.S. dollars at certain exchange rates
specified herein, such translations are only provided for reference purposes. We make no representation that any Japanese yenor U.S. dollar amounts could have been, or could be, converted into U.S. dollars or Japanese yen, as the case may be, at any
particular rate, or at all.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

2© 2023 SYLA Technologies CO., LTD. All rights reserved.

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

About Us$13M$167M USD

YOY 32%2022 Revenue

Top Line Growth$65M$187M~203M$6.4~7.4M

2023 1st Half Revenue

2023 Revenue Forecast

2023 Operating Profit Forecast

Assets Management andRental Income(Passive & stable income）$27.3M

$3.0M

100+

FY 2022 Gross Profit

FY 2022 Net Income

Employees

3500+

60+

Rooms Managed

Buildings Under Management

273,000
Crowdfunding Members as ofOct 2023(No. 1 in Japan)( 1USD= 131. 81J P Y)
Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Inv estments 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© 2023 SYLA Technologies CO., LTD. All rights reserved.

Consolidated Sales and Operating
Income for the Three-Year Period
Three-Year Sales Trends

30,000¥26,700

Three-Year Operating
Income Trends
1,200

~

20,00015,000¥22,056¥24,700($202)($167)

800¥16,665($126)

600

10,000

400

5,000

200

0

0
2021

2022

¥980

1,000

~

25,0002023 (F)

¥780
¥682

($5.9)¥850($7.4)($5.2)

2021

2022

2023 (F)(Unit in million JPY [million USD]; 1USD=131.81JPY)
Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Inv estments 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.

5© 2023 SYLA Technologies CO., LTD. All rights reserved.

Who We Are

Real Estate Development& Sales

Asset Management(Crowdfunding)

New Enterprises▪ Development of commercial
and residential assets▪ 3500+ managed units and60+ buildings managed▪ Renewable energy▪ 588 units sold in FY22

▪ 63 crowdfunding projects▪ Artificial intelligence
integration▪ 65 buildings completed
19 buildings in development▪ 9% of revenue▪ <1% of revenue▪ 90% of revenue

Prop-Tech x Real Estate x AI x Renewable Energy© 2023 SYLA Technologies CO., LTD. All rights reserved.

6© 2023 SYLA Technologies CO., LTD. All rights reserved.

Diversification of Financing Methods
ON-BALANCE BUSINESS

OFF-BALANCE BUSINESS

Rimawari-kun

Real Estate

Crowdfunding Platform Management[Equity][Debt from bank][Investors][Investments]

Liquidizing[Residential and Commercial buildings]

Development

Improvement of financial
structure by making off–balance sheet
arrangements for target
real estate, and separationof real estate price volatility
risks.

Development

SYLA’s Revenues
APBM* & Rental Income（Stable income）

Acquisition fee income
Management fee income
Exit income

Sales* Fund Management, Property Management, Building Management© 2023 SYLA Technologies CO., LTD. All rights reserved.

7© 2023 SYLA Technologies CO., LTD. All rights reserved.

Environment Surrounding the JapaneseReal Estate Market
Positive Macro Environment Working as a Tailwind
Historically low
central bankinterest rate

* “Trading Economics”

Historic depreciation of the yen boosting
the investment from overseas* “MUFG Fx Chart”

Inflation
Consumer Price Index(CPI) Over 3.0* “Trading Economics”* The percentage of JGBs held by the BOJ exceeded 50% for the first time at the end of September 2022, and continues to be the largest ever. Outstanding JGBs on a market value basis totaled ¥1080 trillion
at the end of March, with the BOJ holding ¥576 trillion. Insurance and pension funds were next at 21.9%, followed by banks and other deposit-taking institutions at 8.9%, and overseas at 7.2%, down from 7.4%
at the end of December 2022. – Flow of Fund Statistics© 2023 SYLA Technologies CO., LTD. All rights reserved.

8© 2023 SYLA Technologies CO., LTD. All rights reserved.

Environment Surrounding the JapaneseReal Estate Market
Entering the First Inflationary Cycle with Wage Increases in 20 years
Wage Increase Rate

Wage Increase
4.00%
The average wage increase in 2023 was 3.69%,
the highest in 30 years.
The absence of past price increase over an
extended period suggests an accelerated spike infuture service price, further increasing the
likelihood of achieving stable, sustained priceincreases, and ultimately entering a virtuous
cycle of inflation.

3.00%
2.00%

1.00%
0.00%
2000

2005

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

2010

2015

2020

2023

9
© 2023 SYLA Technologies CO., LTD. All rights reserved.

Environment Surrounding the JapaneseReal Estate Market
Macro Factors Further Contribute to Long-term Inflationary Trends in the Real Estate Market
Real Estate Price Index

Rising land prices
in the Tokyo metropolitan area

200

The global monetary easing and lockdown triggeredby the COVID-19, as well as rising energy prices
triggered by the conflicts between Russia andUkraine, have caused global inflation.
Prices began to rise in 2021 and are still rising at ahigh rate of 3-4%.

150
100
50
0

Residence

住宅総合(all types)

Condominium
マンション（区分所有）* Shows price trends based on 300,000 transactions per year. The index is published monthly by the Ministryof Land, Infrastructure, Transport and Tourism. 10 years, condominium prices rose from 102.6 to 186.

Residential Build. Rent (JPY/m2)

Rising rent pricein the Tokyo metropolitan area

Metropolitan area

Inflation (rising prices) is the factor behind rising
rents in urban areas.
In July 2023, rents for condominiums in the Tokyo
metropolitan area rose slightly for the ninth
consecutive month, up 0.1% month-on-month. By
prefecture, rents in Tokyo rose again by 0.7%,
exceeding the May level.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

10© 2023 SYLA Technologies CO., LTD. All rights reserved.

Environment Surrounding the JapaneseReal Estate Market
Factors Putting Further Upward Pressure on Land Prices and Rents
Tokyo Population Trends(10,000 persons)2020-2023
Monthly Population Estimates in Tokyo

Tokyo‘s population is at an all-time high of 14
million.
Compared to July 1, 2022, the number of people
living in the wards increased by approximately
60,000.
This trend will put further upward pressure on land
prices and rents in the Tokyo metropolitan area,and further activity in the metropolitan real estatemarket is expected over the next three years,
when low interest rates are expected to continue.

2020/71,398

2021/71,403

2022/71,403

2023/71,409

11© 2023 SYLA Technologies CO., LTD. All rights reserved.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

Growth Factors in the Japanese Real
Estate Market
A Major Trend from Savings to Consumption and Investment

Huge savings for 55% of
total national assets

Life
Insurance
PensionJapan's savings account for 55% of its ¥2043
trillion (US$15.2 trillion) is in personal financial
assets.
The Kishida administration’s slogan, “from savings
to investment,” aims to double the nation’s asset
income to progressively encourage a significant
shift in financial assets from savings into
investments as a key national policy.

Stocks
Bonds

Cash

JAPAN

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

US* OECD “Household financial assets”

12© 2023 SYLA Technologies CO., LTD. All rights reserved.

SYLA
Real Estate Crowdfunding© 2023 SYLA Technologies CO., LTD. All rights reserved.

Global Real Estate Crowdfunding
Companies
Number of registered members

397k* (13 years)
280k** (11 years)

273k (2 years)

Aiming to become No.1 memberships and AUM in the world*https://fundrise.com/about**https://www.goodfinancialcents.com/best-fundrise-alternatives/#2-realtymogul© 2023 SYLA Technologies CO., LTD. All rights reserved.

14© 2023 SYLA Technologies CO., LTD. All rights reserved.

Real Estate Crowdfunding Market inJapan(Unit in million USD: 1USD=131.81JPY)

1,138

385
176
10
2018

•
•

42
2019

70
2020

2021

2022

2026 (F)The crowdfunding market is expected to grow rapidly
CAGR 50.9% from 2023-2032 globally***GrowShip Partners Co., Ltd. Website**Polaris Market Research : https://www.polarismarketresearch.com/industry-analysis/real-estate-crowdfunding-market© 2023 SYLA Technologies CO., LTD. All rights reserved.

15© 2023 SYLA Technologies CO., LTD. All rights reserved.

Crowdfunding Business Model
Rimawari-kun Revenues and Profits Structures
GMV

×Take Rate(Average 5-6%)

Gross Revenues

Operating Expenses

Operating Profit

Take Rate Components
・Acquisition fee
・Management fee
・Exit

GMV is a key KPI thatindicates the size of ourcrowdfunding business and is aleading indicator of gross profit.

OpEx Components
・Labor・Marketing & promotion
・System maintenance costs

Approximately 9% of grossrevenues in FY2026.

Drivers of High Profitability
・Benefits from economies ofscale
・Higher AUM, higher profit rate

As more funds are launched,more expenses can beabsorbed, further improving therate of return.

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

16© 2023 SYLA Technologies CO., LTD. All rights reserved.

Rimawari-kun Growth Forecast
MEMBERSHIP × GMV (AUM) GROWTH BY QUARTER
AGGREGATED GMV (AUM)( Unit in m illion USD
1USD=131.81J PY)

MEMBERSHIPS

60

237,054

50

Partnership
with

40

10

191,858

300,000

48

250,000

15

17

10
4

5

200,000
150,000

22

80,54532,920281,133

28

121,46020

271,133

Growth through accelerated
project origination andconversion of membershipto investors

165,54630

252,395

261,633(Unit 1 pers on)

5100,000
50,0002

002021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4
(F)

•
•
•

Conversion from membership pools to Rimawari-kun investors will be the next growth driver
Exploring domestic and oversea M&A expansion for crowdfunding platform
Higher retention rate: 95% as of September 2023

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Inv estments 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© 2023 SYLA Technologies CO., LTD. All rights reserved.

Rimawari-kun Growth Forecast
MEMBERSHIP × GMV (AUM) GROWTH PLAN BY YEAR

( Unit 1 pers on)

MEMBERSHIPS

600,000

GMV (AUM)(Unit in m illion USD
1USD=131.81J PY)
568,000$450

496,000

500,000$459
400,000

400,000
Partnershipwith

300,000

$500
$400
$350
$300

$259
280,000$250$200

200,000$135
120,000

100,000
0

50,000
$4

2021

•
•
•

$48

$150

Boosting GMV byincreasing CV rate
into investor frommembership pool

$100
$50

$14

$

2022

2023 (F)2024 (F)2025 (F)2026 (F)Partnership with Rakuten, Japan's largest eCommerce company, has allowed for low cost andrapid growth in membership
Conversion from membership pools to Rimawari-kun investors will be the next growth driver
Exploring M&A for crowdfunding platform expansion in both domestic and overseas markets
Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Inv estments 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© 2023 SYLA Technologies CO., LTD. All rights reserved.

Rimawari-kun Growth Forecast
Growth in GMV Directly Contributes to the Revenue Growth
GMV × REVENUES GROWTH PLAN BY YEAR
( U n i t i n m i l l i on U S D
1 U S D = 1 3 1. 81JP Y)

AUM(GMV)•

Mezzanine Financing will beavailable from November 2023,
which is expected to increase
the size of the fund and lead toincreased sales•

More stable investmentcompared to financial risk assets
such as stocks•

Rapid growth is expected in thenext three years with several
positive macro environmental
factors such as inflation, very
low interest rate and weak JPY

REVENUES

$500

$459

$450
$400
$350
$300

$259

$250
$200
$135

$150
$100
$50
$0

$66

$48
$14

$4
$0

$0

2021

2022

$40

$5

$14

2023 (F)2024 (F)2025 (F)2026 (F)

Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Inv estments 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© 2023 SYLA Technologies CO., LTD. All rights reserved.

Rimawari-kun Growth Strategy
Rakuten ID Connection Release
Can be registered by using their Rakuten ID
Significantly reduces entry work at registration

Rimawari-kun

UX improvements accelerate Rimawari-kun member acquisition

Release of Rimawari-kun App
Scheduled to be released in October 2023
Identity confirmation will be completed by just holding your phone
over your Individual Number Card
1 minute from registration to investment

Conversion from Rakuten Points to
Rimawari-kun Points
1 regular Rakuten Point can be converted to 1 Rimawari-kun Point
Rimawari-kun Points can be used to invest in funds

1 Point = 1 Point(Regular points)

Rimawari-kun
PointsUtilizing Rimawari-kun Points allows for better returns© 2023 SYLA Technologies CO., LTD. All rights reserved.

20© 2023 SYLA Technologies CO., LTD. All rights reserved.

One Minute Registration
STEP1

STEP2

STEP3

STEP4

STEP5

Register

Verify your ID

Select funds

Apply

Confirm

One minute from registration to investment© 2023 SYLA Technologies CO., LTD. All rights reserved.

21© 2023 SYLA Technologies CO., LTD. All rights reserved.

An Example of Funds

Annual Return

Distribution
TimingSemi-Annually

TargetSize

Minimum
Investment(Approx. $230K)(Approx. $75)

Rimawari-kun x DOTOWN
Revitalization project of a local community
by building Surfer’s house in the Surf Town Ichinomiya, Chiba© 2023 SYLA Technologies CO., LTD. All rights reserved.

DurationYear

Application starts
fromMore Details

22© 2023 SYLA Technologies CO., LTD. All rights reserved.

Rimawari-kun Platform and Revenue
Generation
Expand our lineup of attractive projects through theparticipation of diverse businesses
Participating businesses

AnimalProtection

Provide diverse products

Environment

Rimawari-kun
Entertainment

Enhance our lineup of

Platform

attractive projects
Technology

Government•

Rimawari-kun is a 3rd party sponsored marketplace•

SYLA generates revenue from acquisition fees (3-6%) and AM fees (1-2%)© 2023 SYLA Technologies CO., LTD. All rights reserved.

23© 2023 SYLA Technologies CO., LTD. All rights reserved.

Many Compelling Projects Generating
Significant Public Empathy( 1USD=131. 81J P Y)
Animal Protection

Technological Innovation

INUNEKO HILLS Animal
Friendly Development
Project

Space Business
Developmentwith Horiemon

Streamer Support
Apartment

Total amount of subscriptions

Total amount of subscriptions

Total amount of subscriptions$1.18m USD$2.24m USD$0.52m USD

Total amount applied forRate of achievement

Entertainment

103% $1.22m USD

Rate of achievement

140% $3.13m USD

Senior Care
Solutions

Rate of achievement

103% $0.54m USD

New Era Asset Formation

Nursing Care x IoT
Senior Tech Apartments

Solar Data Center
Total amount of subscriptions

Total amount of subscriptions$0.07m USD$0.29m USD

Total amount applied for

Total amount applied forRate of achievement

Total amount applied for

Total amount applied for

191%$1.15m USD$0.55m USD
NewofEra
Asset
Rate
achievement
Formation

1,595%•

Released 63 projects as of September 2023•

Aggregated GMV: $30M as of September 2023 (expected to mark $48M in Q4)•

Avg. Operation Period: 1 Year•

Avg. Return Rate: 4% Annually© 2023 SYLA Technologies CO., LTD. All rights reserved.

24© 2023 SYLA Technologies CO., LTD. All rights reserved.

SYLA
Real Estate
Development & Sales© 2023 SYLA Technologies CO., LTD. All rights reserved.

Real Estate Development & Sales
One-stop business that handles everything from procurement →Design → Construction → Sales → AM/PM all on its own.
Real Estate Development

Asset, Property, Building Mgmt

Procurement
AI O C R T e c h n o l o g y▼GalicianHills
Nishiazabu▼SYLA
D AI K A N Y A M A▼Mistral Point

DesignConstruction

Residential and commercial buildings

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

Fund Management
Property Management
Building Management+
Rental Income26© 2023 SYLA Technologies CO., LTD. All rights reserved.

Real Estate Development & Sales
SYFORME Features•

Mainly residential building in central Tokyo•

Completed 65 projects in 10 years (avg. 30 units/building)•

8 projects in FY2023, 10 projects in FY2024 expected•

Occupancy rate 99.5%

Portfolio•

SYFORME SUMIYOSHI•SYFORME HIGASHIIKEBUKURO•SYFORME HIGASHIAZABU•SYFORME OMORI•SYFORME WASEDA•SYFORME NAKANO•SYFORME KANNAI27© 2023 SYLA Technologies CO., LTD. All rights reserved.
© 2023 SYLA Technologies CO., LTD. All rights reserved.

Architectural Examples(Original Brand “SYFORME”)[SYFORME KANNAI]© 2023 SYLA Technologies CO., LTD. All rights reserved.

28© 2023 SYLA Technologies CO., LTD. All rights reserved.

Architectural Examples(Original Brand “SYFORME”)[SYFORME SUMIYOSHI]© 2023 SYLA Technologies CO., LTD. All rights reserved.

29© 2023 SYLA Technologies CO., LTD. All rights reserved.

Architectural Examples(Original Brand “SYFORME”)[SYFORME HIGASHI-IKEBUKURO]© 2023 SYLA Technologies CO., LTD. All rights reserved.

30© 2023 SYLA Technologies CO., LTD. All rights reserved.

Architectural Examples(Original Brand “SYFORME”)[SYFORME OMORI]© 2023 SYLA Technologies CO., LTD. All rights reserved.

31© 2023 SYLA Technologies CO., LTD. All rights reserved.

Example of Owned Real Estate
Properties
Features of properties held for lease•

Mainly residential/commercial building in central Tokyo•

Avg. Cap Rate: 3.5%•

Rental income and AM revenue total $13M annually as of today▼G al i ci an Hi l l s Ni shi azabu▼SYL A DAI K A N Y AM A

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

▼M i st ral Poi nt

32© 2023 SYLA Technologies CO., LTD. All rights reserved.

SYLA
AI & Renewable Energy© 2023 SYLA Technologies CO., LTD. All rights reserved.

Utilize AI Technology for Property
SourceRimawari-kun x AI

OCR Technology

RPA Automation

Rimawari-kun AI technology collects
real-time real estate data circulating
online and calculates key indicatorssuch as f air value and theoreticalyield. It also grades and instantly
identif ies and notif ies users about
exceptional value properties.

AI technology capable ofperf orming image recognition on
the countless emails and paper based sales drawings that arereceived daily, extracting andreading inf ormation f rom them.

RPA automation is set tosignif icantly reduce manual laborin the procurement process suchas ordering and emailing, aiming
f or a substantial enhancement inprocurement ef f iciency.

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

34© 2023 SYLA Technologies CO., LTD. All rights reserved.

Renewable Business(Solar & Bioenergy Construction)

Japan to reduce GHG emissions by 26% from 2013 levels by 2030 and to achieve net zero by 2050

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

35© 2023 SYLA Technologies CO., LTD. All rights reserved.

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

SYLA Group Revenue Trend(Consolidated)(Unit in million USD: 1USD=131.81JPY)$187.4-$202.6
187.4-202.6

200
200

$167.3
167.3

150
150
$126.4
126.4
$99.7
99.7

100
100
$77.9
77.9

$70.5
70.5
$55.0
55.0

50
50
$30.0
30.0

$82.3
82.3

$83.9
83.9

$59.6
59.6
$48.8
48.8

$38.6
38.6

$2.6
2.6

0
0
2011
2011

2013
2013

2015
2015

2016
2016
*December*December

2018
2018

2020
2020

2022
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. Inv estments 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.

37© 2023 SYLA Technologies CO., LTD. All rights reserved.

2021 and 2022 Balance Sheet(Unit in million USD: 1USD=131.81JPY)

FY2021

FY2022YOY growth$67.8$108.5

59.8%

Cash and cash equivalents*

$22.0

$21.7

-1.1%

Inventory

$38.5

$79.8

106.9%$94.9$117.5

23.7%

PPE

$63.3

$80.3

26.7%

Total Assets$162.8$226.038.8%

Current Liabilities

$31.4

$38.9

23.7%

Short-term debt

$17.2

$14.7

-18.6%

Non-Current Liabilities$89.0$137.2

54.2%

Long-term debt

$69.2

$117.3

69.3%

$42.3

$49.8

17.6%

Current Assets

Non-Current Assets

Equity*Cash and cash equivalents include restricted cash and term deposits© 2023 SYLA Technologies CO., LTD. All rights reserved.

38© 2023 SYLA Technologies CO., LTD. All rights reserved.

2023 Financial Guidance Profit & Loss
(Unit in JPY and USD: 1USD=131.81JPY)

FY2021

FY2022

FY2023(F)

YOY growth(F)¥16,660M($126.4M)¥22,051M($167.3M)¥24,500M($187.4M)

11%

Operating Income¥682M($5.1M)¥778M($5.9M)¥980M($7.4M)

26%

Net Income¥277M($2.1M)¥394M($2.9M)¥424M($3.2M)

8%

$9.1

$9.7

57.5
3.2
$12.4

$0.38
$0.0038$0.53$0.0053$1.07$0.0107

Revenue

PER
PBR
EPS
Dividend per share
Dividend per ADS
Dividend % per share
Dividend % per ADS
•
•
•

28%
100%

15%
0.15%

Expect to double the dividend per share (1 share = 100 ADRs) from ¥70 to ¥140
Aim to increase dividends every year to reach 30% of net income in long term
Employee Stock Purchase Plan (20% incentive)
Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Inv estments 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.

39© 2023 SYLA Technologies CO., LTD. All rights reserved.

Three-Year Growth Trend of
APBM Business
APBM Business;
Fund Management, Property Management, Building Management(Unit in million JPY [million USD]; 1USD=131.81JPY)

APBM Revenue¥1,400,000¥1,200,000¥1,000,000¥800,000¥623,186¥600,000¥400,000¥520,857¥690,703($5.2)($4.7)( $3.9)¥200,000¥0
FY2021

FY2022

FY2023 (F)The APBM business, which is one of our most stable business, has been growing steadily
over the past three years through the current fiscal year, supporting our profit structure.
Past performance is not indicative of future results. There is no guarantee that any specific objective will be achieved. Inv estments 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.

40© 2023 SYLA Technologies CO., LTD. All rights reserved.

Contact Us■ Investor Relations
Gateway Group, Inc.
Matt Glover and John Yi(949) 574-3860
SYLA@gateway-grp.com■ Company
SYLA Technologies Co., Ltd.
Ebisu Prime Square Tower 7F, 1-1-39
Hiroo, Shibuya-ku, Tokyo, Japan+81 3-4560-0650
https://syla-tech.jp/en41© 2023 SYLA Technologies CO., LTD. All rights reserved.
© 2023 SYLA Technologies CO., LTD. All rights reserved.