Investor Meeting Presentation

for the Six Months ended September 30, 2016

November 2016 Leopalace21 Corporation

This document and reference materials may contain forward-looking statements, but please understand that actual results may differ significantly from these forecasts due to various factors.

*Past figures are retrospectively adjusted, due to a change in accounting policy in a subsidiary in the Leasing Business.

Contents

1. About Leopalace21

4. FY17/3 1H Overview of Business (Construction)

1-1

Business Model

4

4-1

Overview of Construction Business

27

1-2-1

Results Trend

5

4-2

Main Indicators

28

1-2-2

Highlights of Results Trend

6

4-3-1

Indicator (Orders and Sales)

29

4-3-2

Indicator (Offices and Apartment Completion by Area)

30

FY17/3 1H Results 4-4-1 Construction Strategy (Ideal Land Usage)31

2-1

Highlights of Results

8

4-4-2

Construction Strategy (New Brand)

32

2-2-1

Summary of Results (Sales & Gross Profit)

9

4-4-3

Construction Strategy (High-quality Apartments)

33

2-2-2

Summary of Results (Operating Profit & Net Income)

10

4-4-4

Construction Strategy (Non-sound System)

34

2-3

Results of Business Segments

11

4-4-5

Construction Strategy (Elderly Care Facilities and

Stores)

2.

3. FY17/3 1H Overview of Business (Leasing)

35

  1. Construction Strategy (Built-to-order Homes) 36

    3-1

    Overview of Leasing Business

    13

    4-4-7

    Construction Strategy (Strengthen After-sale Services)

    37

    3-2

    Main Indicators

    14

    3-3-1 Indicator (Occupancy Rate) 15 5. FY17/3 1H Overview of Business (Others and Overseas)

    3-3-2

    Indicator (Occupancy by Group)

    16

    5-1

    Others (Elderly Care Business)

    39

    3-3-3

    Indicator (Shares of Occupied Units by Group)

    17

    5-2

    Others (Domestic Hotels Business)

    40

    3-3-4

    Indicator (Occupied Units by Industry)

    18

    5-3

    Others (Resort Business)

    41

    3-3-5

    Indicator (Foreign Tenants)

    19

    5-4-1

    Others (Solar Power Systems)

    42

    3-4-1

    Leasing Strategy (Office Expansion)

    20

    5-4-2

    Others (Roof-lease Solar Power Systems)

    43

    3-4-2

    Leasing Strategy (Room-Customize)

    21

    5-5

    Others (Real Estate Development Business)

    44

    3-4-3

    Leasing Strategy (Tenant Services)

    22

    5-6-1

    Others (Leasing Business Overseas)

    45

    3-4-4

    Leasing Strategy (New Services)

    23

    5-6-2

    Overseas Business (Serviced Apartments and Offices)

    46

    3-4-5

    Leasing Strategy (Services for Foreigners)

    24

    5-6-3

    Overseas Business (Other Services)

    47

    3-4-6

    Leasing Strategy (Security Systems)

    25

    -1-

    Contents (cont.)

    Appendix 1. Corporate Data

    Appendix 2. Medium-Term Management Plan "EXPANDING VALUE"

    App.1-1

    Corporate Profile

    49

    App.2-1

    Business and Financial Strategies

    64

    App.1-2-1

    Quarter Comparison

    50

    App.2-2

    Numerical Targets

    65

    App.1-2-2

    Results of Leopalace21 Group

    51

    App.2-3

    Dividend Policy

    66

    App.1-3-1

    Indicator (Occupancy by Group)

    52

    App.1-3-2 Indicator (Foreign Tenants) 53 Appendix 3. Market Trends

    App.1-3-3

    Indicator (Units and Occupancy Rates by Area)

    54

    App.3-1

    New Housing Starts

    68

    App.1-3-4

    Indicator (Occupancy Rates by Building Age)

    55

    App.3-2

    New Housing Starts (Leased Units)

    69

    App.1-3-5

    Indicator (Contract Type)

    56

    App.3-3

    Number of Households

    70

    App.1-3-6

    Indicator (Partners Offices and Contracts)

    57

    App.3-4

    Vacancy in Rental Housing

    71

    App.1-3-7

    Indicator ("Azumi En" Area Disposition)

    58

    App.3-5

    Population Inflows and Outflows

    72

    App.1-4-1

    Finance (Balance Sheets)

    59

    App.3-6

    International Students in Japan

    73

    App.1-4-2

    Finance (Cash / Deposits and Interest-bearing Debt)

    60

    App.3-7

    Elderly Population of Japan

    74

    App.1-4-3

    Finance (Cash Flows)

    61

    App.1-4-4

    Finance (Shareholder Composition)

    62

    -2-

    1. About Leopalace21

    Leopalace21 Corporation published this content on 04 November 2016 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 04 November 2016 09:20:06 UTC.

    Original documenthttp://eg.leopalace21.com/ir/library/pdf/2017/2Q/en_daini_ppt.pdf

    Public permalinkhttp://www.publicnow.com/view/208566C2543FC5D3565B8D88C11398CE99A56CCC