Earnings Results Briefing
For the Year Ended
March 31, 2015
May 18,2015

ContentsYear Ended March 31, 2015 Summary・・・・・・・・ Ｐ ３

Year Ending March 2015 Topics・・・・・・・・ Ｐ ７

Year Ending March 2016 Outlook

・・・・・・・・ Ｐ 11

Dividends・Capital Policy

・・・・・・・・ Ｐ 13

Company Profile

Company name ：Takara Leben CO.,LTD.
Head office's location ：Shinjuku-Sumitomo bldg. 26F2-6-1,
Nishi-shinjuku, Shinjuku-ku, Tokyo, Japan
Representative: Kazuichi Shimada, President
Capitalization：4,819 million yen (As of March 31,2015)
Established：September 21, 1972

Number of Employees：262 (As of March 31,2015)
Security Code：8897, the First Section of TSE
Contact：irinfo@leben.co.jp

1History
1972

Established Takara Komuten Co.,Ltd.
(the present Takara Leben)
Launched sales of detached houses

2011

40th anniversary of the founding

2012

Introduced New Condominium Brand

1982

Launched real estate leasing business

Introduced Corporate character

1988

Established Takara Management Co.,Ltd.
(the present Leben Community)
Launched real estate management business

Established Yokohama branch

1994

Made Takara Housing Co.,Ltd.
(the present Takara Property Co.,Ltd.) its subsidiary
Rental business management operations

Launched sales of condominiums "Leben Heim"

2013
2000

Changed company name to "Takara Leben Co.,Ltd."2001

Launched financial brokering business
Established Tafuko Co.,Ltd.

2003

Listed on the second section of the Tokyo Stock Exchange

2004

Established Takara Asset Management Co.,Ltd.
Launched investment management business
Esstablished Takara Investments Co.,Ltd.
Launched real estate investment business
Made Sunwood Corporation it's associated company
accounted for by the equity method

Listed on the first section of the Tokyo Stock Exchange
Established AS Partners Co.,Ltd.
Launched nursing care businesses for seniors

2008

Entry to mega-solar business2014

Made Marunouchi Servicer Co.,Ltd.
its subsidiary

Established Hokuriku Office
Established Tohoku Office
Made Oasis Co.,Ltd.(the present Takara Leben Realnet) its subsidiary
Made Nikko kensetsu Co.,Ltd. its subsidiary

Released new corporate logo

2010

Launched detached housing business (buidt by Takara Leben)

2015

Made Livenet home Co.,Ltd.(the present Takara Leben Tohoku) its subsidiary
Made Jutakujyouhoukan Co.,Ltd. its subsidiary2

Year Ended March 31, 2015
Summary3

Consolidated Income Statements（Unit Amount=Million yen ）Year ended
March 31, 2014

Year ended
March 31, 2015

YOYchange

Net sales

71,963

76,956

6.9%

Operating profit

9,798

9,257

△5.5%

Ordinary profit

9,181

8,540

△7.0%

Net income

5,869

5,718

△2.6%

4

Segment Information 【 Breakdown of Real Estate Sales Business 】 (Reference)（Unit Amount=Million yen ）Year ended
March 31, 2014

Year ended
March 31, 2015

YOYchange

Real estate sales
business

65,757

66,907

1.7%

Real estate rental
business

1,696

2,898

70.8%

Real estate
managementbusiness

2,739

2,9788.7%

Other businesses

1,768

4,172135.9%
5Consolidated Balance Sheets
Year ended
March 31, 2014

Year ended
March 31, 2015

（Unit Amount

YOY change=Million yen ）72,52467,319△7.2%

Cash and cash equivalents

35,964

26,281△26.9%

Inventories

33,44535,345

5.7%

Real estate held for sale

1,156

4,901

323.8%

Real estate for sale underConstruction

32,28830,444△5.7%

Fixed assets

23,366

34,40047.2%

Total assets

95,891

101,738

6.1%

Current liabilities

37,711

34,600△8.2%

Notes and accounts payable, trade

20,692

10,023△51.6%

Debts（short-term borrowings,
long-term debt within one year）

7,692

15,12096.6%

31,04135,94815.8%

29,861

33,235

11.3%

Total liabilities

68,75270,5492.6%

Net assets

27,13831,18914.9%

Capital

4,819

4,819

－

Other shareholder equity

22,31826,36918.2%

Total liabilities and net assets

95,891

101,738

6.1%

Current assets

Fixed liabilities
Long-term borrowings

6

Year Ending March 2015 Topics
7

Promote solar-powered condominiums
Unit-based Solar-powered Condominium
Supply Ranking
Nationwide※※Unit-based Solar-powered Condominium Supply Ranking(available in each individual home unit)※Source: Real Estate Economic Institute Co., Ltd.

The supply number of condominium units
in 2014 （annual）

The supply number of condominium units
in 2014 （total）

１，３２９ units

３，７１０ units

LEBEN Tamagawa Sola Terrace

LEBEN Hujimino Sora Hills（Completed in September, 2014）（Completed in October, 2014）

LEBEN Yokohama-Shiomidai
Soranote（Completed in December, 2014）8Mega-Solar business
Construction on Mega-solar at Former Golf Course～ Japan’s first extra high voltage mega-solar power plant using small inverters～【 Image (when complete) 】

LEBEN SOLAR NASUNAKAGAWA（Scheduled start of operation on March, 2016）【 Address 】 Minowa, Nakagawa, Tochigi Prefecture, Japan【 Site Size 】 400,000 m2【 Installed number of solar panel 】 120,000 units （165W/per）【power generation】19.8MW
9Takara Leben group
June 30, 2014

Takara Leben
RealnetOctober 1, 2014

January 5, 2015

Nikko kensetsu

Takara Leben
TohokuJutakujyouhoukan

Principal businesses

Principal businesses

Principal businesses

Principal businesses■Real estate sales business■Consignment■Real estate distribution business■Renovation business■construction industry■Real estate sales business■Consignment■Real estate distribution business■Real estate sales business■Consignment■Real estate distribution business■Real estate sales business■Real estate distribution business■Real estate management business

Strengthen the Group’s Power by clarifying each company’s role10Year Ending March 2016
Outlook11

Year Ending March 2016 Outlook (Consolidated)

Units sold[New built-for-salecondominium+ detached house]

Net sales[￥million]

Operating profit[￥million]

Ordinary profit[￥million]

Net income[￥million]

Year ended
March 31, 2015Year ending
March 31, 2016
Forecast

YOY change

1,870

1,686

△9.8％

76,95693,800

21.9％

9,257

13,350

44.2％

8,540

12,400

45.2％

5,718

8,150

42.5％
12

Dividends・Capital Policy
13

Cash Dividends, Preferential treatment

1st half dividends

Year-end dividends

Total

Year ending
March 31, 2015
Forecast

2 yen

4 yen

6 yen

Year ending
March 31, 2016
Forecast

4 yen

6 yen

10 yenPreferential treatment

gift certificates for packages of rice

100 shares or more to less than
500 shares

1kg （440Yen）

500 shares or more to less than
1,000 shares3kg （1,320Yen）

1,000 shares or more

5kg （2,200Yen）

14

Acquisition and cancellation of treasury stock■ Acquisition of treasury stockYear ended March 31, 2014

Year ended March 31, 2015

From May 13, 2013
to March 31,2014

From May 13, 2014
to March 31,2015

Acquisition period
Number of shares acquired

5,601,900 shares

2,668,500 shares

Total acquisition value

2,496,175,200 yen

1,217,109,000 yen

Treasury shares held on completionof acquisition (March 31)

15,974,807 shares

16,531,307 shares■ Cancellation of treasury stockYear ended March 31, 2014
Date of cancellation
Total number of shares tobe cancelled
as percentage of total
number of shares issued
before cancellation

May 15, 2013
386,070 shares（After splitting1,544,280shares）

1.2％

Year ended March 31, 2015

March 25,2014

December 22,2014

2,000,000 shares

2,000,000 shares

1.5％

1.6％
15

On acquisition of treasury stock◆ Type of shares acquired

Common stock of the Company◆ Total number of shares for acquisition
2,000,000 shares (Upper limit)
Ratio to total number ofoutstanding shares (Excluding treasury stock) 1.79%◆ Total acquisition value1,500,000,000 yen (Upper limit)◆ Acquisition period

From May 12, 2015 to March 31,2016◆ Acquisition method

Open market repurchase on the Tokyo Stock Exchange

16

■ Enquiries Relating to These Materials
Corporate Planning Division
Management Planning Section

E-mail：irinfo@leben.co.jp

These materials were prepared to provide information regarding business performance for the year ended March 31, 2015 and do notconstitute a solicitation for investment in securities issued by Takara Leben Co., Ltd. These materials were prepared based on data
available as of March 31, 2015. These materials, as well as answers, projections, estimates, and other information provided in thesubsequent question and answer session are based on Takara Leben's best judgment as of the preparation of this material, and do notconstitute a guarantee or promise that anything contained within will be realized or achieved, nor do they provide any guarantees orpromises with regard to the accuracy or completeness of the information. The content of these materials is subject to change without prior notice.