Business Plan for FY Mar. 2021
Japan Asia Investment Co., Ltd.
President & CEO Tetsuro Shimomura
26 June, 2020

The contents of this document are based on materials available at the time of its compilation and no guarantee can be made as to the continued accuracy
and reliability of the material. The contents may be changed without prior notice. Risks and uncertainties including changes to economic circumstances
may cause results and projections to differ materially from those presented in the document.
The information in this document is for presentational purposes only and is not an inducement to invest in securities issued by JAIC.
The figures in this document are based on consolidated financial statements prepared in accordance with the previous accounting standards.
1Contents
1Outline of Our Business

2The Optimum Combination of Profit Opportunities

3Project Investment(1) Renewable Energy Project(2) Smart Agriculture Project(3) Distribution Warehouse Project(4) Healthcare Project4

Private Equity Investment(1) Strategic Investment in Partner Companies(2) Financial Investment

5

Consulting Service2

1. Outline of Our BusinessBusiness policy

Plotting this year as the compilation of current medium-term management plan as
this year is the final year of medium-term management plan which started from FY
Mar. 2019.
Stabilizing our basic revenue source by promoting Project Investment and fee
business, while strengthening our capital gain in PE investment aiming to enhance
our corporate value

Project
investment

RenewableenergySmartagriculture(vegetableplant)

Distribution
warehouse

Healthcare（facilities forhandicapped /elderly）

Income gain/
Capital gain

Collaboration/SupportPE
investment

Strategic investment in partner companies
Financial investment

Capital gain

SupportConsulting
service/
Administration
serviceＭ＆Ａbrokerage

Overseas
expansion
supportBusinessexpansion
supportAdministrati
on service
forentrusted
funds

Fee income

32. The Optimum Combination of Profit Opportunities
Businesspolicy

Classify business opportunities into ”Long-term Stable Earnings” and “Short-termEarnings”. Aim to realize the optimum combination of the two, to establish
sustainable earning structure

Project investment

LONG-TERMSHORT-TERM

Expecting to gain stable andconstant earnings (CF & earnings)
from long-term holding of assets

Realizing larger profit as a capital

Smartagriculture(vegetableplant)

Healthcare(facilitiesfor thehandicapped)

gain by replacing asset from time totime

RenewableenergyHealthcare(facilitiesfor theelderly)

PE investment/Consulting
service/Administration
service

Overseas
expansion
supportAdministration
services for
entrusted
funds

Expect to make a stableearnings contribution

Distribution
warehouse

Business
expansion
supportFinancialinvestment

M&A
Advisory

Strategic
investment
in partnercompanies

Expect to make a variable but
significant earnings contribution
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3. Project Investment (1) Renewable Energy Project
RenewableenergyAs for Mega Solar PJ, sales and reinvestment will be conducted flexibly, while
making efforts for the diversification of investments.

Bamboo Capital Joint Stock Company

Smartagriculture（vegetableplant）

Overseas（Vietnam）
Rooftop solarpanels

Smart Solar Corporation
Support thepartnercompany
Distribution
warehouse

Healthcare(facilitiesfor thehandicapp
ed/elderly)

Biomass Power Technologies Inc.

Biomass

Mega solar

Battery
Storagebusiness

Solar sharing

Domestic
Rooftopsolar panels

Windpower

BiogasNishi Tokyo Recycle Center
Biogas-producing foodwaste recyclers

Renewable Japan Co., Ltd.

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3. Project Investment (2) Smart Agriculture Project
RenewableenergySmartagriculture(vegetableplants)• Improve profitability of Sasayama Plant and create foundation for the expansion of this business• Supporting start-up business of strawberry plant operation conducted by our investee company

Domestic Strawberry Market
More than 714 billion yen p.a.
Demand during summer
period:300 〜350 bio yen
Morihisa Engineering Co., Ltd.

MD-Farm

Distribution
warehouse

Healthcare(facilitiesfor thehandicapp
ed/elderly)

Smartagriculture（strawberryplant）

Smartagriculture（vegetableplant）

Support businesslaunch by investee
companies

Sales of lettuce and othervegetables for food servicesand meal replacement
purposes, such as meals
served at major coffee
chains and salads sold atsupermarkets

63. Project Investment (3) Distribution Warehouse Project
Renewableenergy・Focus on the development of medium distribution facilities, to avoid direct competition with larger
companies.
・Try to secure higher returns by organizing LPS in cooperation with KIC for investment at earlier
stage of projects.

Investment Record
Smartagriculture(vegetableplant)

KIC Holdings Inc.

Distribution
warehouse

Rendering

Investment Record

Koshigaya PJ
Distribution
warehouse(Investment made in Dec. 2019)
To be completed in Sep. 2021

Rendering

Atsugi PJ
Healthcare(facilitiesfor thehandicapp
ed/elderly(Investment in Dec. 2019)
To be completed in Feb. 2022

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4. Project Investment (4) Healthcare Project
Renewableenergy・As for the facilities for the elderly people, we carefully select projects to secure capital gain.
・We support the growth of partner company by constructing facilities for the handicapped people.

Investments madeRendering

Smartagriculture(vegetableplant)

AIP Kachidoki Ekimae Building(Dec. 2017: EXIT)

Shinonome 1-chome multipurpose
building PJ（Investment made in Feb.
2020 )

Facilities forthe elderly

AIP Healthcare Japan GK

Investments madeDistribution
warehouse

Facilities forthehandicapptedpeople

Healthcare(facilitiesfor thehandicapp
ed/elderly)Social Inclu CO., LTD.

*The photos are group home in Hamamatsu City.

(Hamamatsu: Investment made in Oct. 2019)(Hiroshima: Investment made in Jan. 2020)(Utsunomiya: Investment made in Jan. 2020)8

4. Private Equity Investment (1) Strategic Investment in Partner Companies
Support the growth of existing investees and lead them to EXIT (IPO)

Strategicinvestmentin partnercompanies

Financialinvestment

Smart Solar Corporation

Renewable Japan Co., Ltd.

Partner company in mega solar
projects

Partner company in mega solar
projects

Year of investment: 2017

Year of investment: 2015

Morihisa Engineering Co., Ltd.

MD-Farm

KIC Holdings Inc.

Partner company in smart agriculture
projects (vegetables)

Partner company in smart agriculture
projects (strawberries)

Partner company in distribution
warehouse investment businessYear of investment: 2019Year of investment: 2019Year of investment: 2020social inclu CO., LTD.
Partner company in projects forgroup homes for the handicapped
Year of investment: 201994. Private Equity Investment (2) Financial Investment
Create unique funds which reflects our strength. This fund will contribute to create ourconsulting service opportunities
Globalization Support Fund
A fund that supports business expansion of regional small and medium-sized enterprises through overseas expansion andStrategic
investment
in partnercompanies

incorporation of demand related to inbound tourism
Promoting above concept to mainly regional financial institutions and requesting them to collaborate by contributing funds
and support to investee companies
Operates jointly with Asian Market Planning Co., Ltd.
Investees:(1) Small and medium-sized companies or their subsidiaries, J/Vs that operate or aim to operate in oversea market(2) Small and medium-sized companies that promote business to meet inbound demand(3) Funds related to particular regions where companies mentioned in (1) and/or (2) operate

SupportSupportFinancialinvestment(Merits for local financial institutions=LPs)
 Can use the fund as a hands-on tool to support client companies in overseas business expansion
 Can support companies which are willing to globalize their business by matching with appropriate business partner inoverseas market Can obtain information on Asian business including cross-border M&A, which will contribute to the globalization of clientcompanies

105. Consulting Service
Ｍ&ＡAdvisory

・Provide Financial Advisory Services for M&A opportunities which we may capture through ourinvestment search activities.
・Find investment opportunities by supporting overseas/business expansion needs of our client, taking
advantage of our networks both at home and abroad.

Globalization
Support Fund

Overseas
expansion
support(Japan)(Bangkok)(China)KT Zmico Securities Company Limited

Yantai City Investment
Promotion CenterWuhan City Commercial
BureauXiʻan New Technology
Development Zone

Businessexpansion
supportBlue Economy Zone
Industrial Fund(Hong Kong)First Eastern Investment Group(Vietnam)
World Link Japan, Inc.

Administration ofentrustedfunds

Utilize as a tool topromote M&A advisorybusiness as well

M&AAdvisory

Overseas
expansion
supportBusiness
expansion
supportFeeincomeInv
estmentincome

VNET Venture CapitalManagement Securities Co.,Ltd.

Project
Investment

PE
Investment(Singapore/Malaysia)
BA Partners Pte.Ltd.
Lingua Franca Holdings Pte.Ltd.

Partners11Japan Asia Investment Co., Ltd.
Seiko-Takebashi-Kyodo Bldg., 3-11 Kandanishiki-cho, Chiyoda-ku, Tokyo 101-8570
TEL +81-3-3259-8518 Fax +81-3-3259-8511

https://www.jaic-vc.co.jp/Contact to:IR e-mail : ir@jaic-vc.co.jp

The contents of this document are based on materials available at the time of its compilation and no guarantee can be made as to the continued
accuracy and reliability of the material. The contents may be changed without prior notice. Risks and uncertainties including changes to economic
circumstances may cause results and projections to differ materially from those presented in the document.
The information in this document is for presentational purposes only and is not an inducement to invest in securities issued by JAIC.
The figures in this document is based on consolidated financial statements.

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