[Delayed]Announcement of Analyst Report Released by Shared Research Inc.

April 25, 2024


Company: Star Mica Holdings Co., Ltd.
Representative: Masashi Mizunaga, President and CEO
(Code 2975 on the Tokyo Stock Exchange Prime Market)
Contact: Manabu Nagaya, Executive Officer
URL https://www.starmica-holdings.co.jp/en/




Announcement of Analyst Report Released by Shared Research Inc.



We are pleased to inform you that the analyst report for FY2024 Q1 by Shared Research Inc. (hereinafter referred to as SR)
has been released. This report has been prepared with an emphasis on neutrality and is based on research and analysis from
a third-party perspective. We believe it will help investors deeply understand our business and make investment decisions.



Publication start date April 26, 2024
URL https://sharedresearch.jp/en/companies/2975
Others This report is subject to end of publication without notice.
This report is typically updated at least eight times a year.



Shared Research Inc.
SR is a research company that provides essential information regarding a wide variety of companies to investors around the world.
The company produces reports based on the “investor’s standpoint” rather than the “company’s standpoint” for information
necessary to make investment decisions. The reports are utilized by both institutional and individual investors.


Fundamentals (As of Nov. 30, 2023)


FY2023 FY2024 Forecast
EPS JPY 79.59 JPY 83.83
Operating profit JPY 4,846 mn JPY 5,028mn
ROE 12.0% Approx. 12.0%


FY2024 Q1 financial result and Mid-term plan “Find the Value 2026” (FY2024-2026)
Through our core business, purchase, hold, renovation and sale of existing condominiums, we have been leading to the expansion
of the existing condominium market and solving social issues, aging of both people and buildings. We focus on maximization of
corporate value by promoting strategies in our Mid-Term Plan “Find the Value 2026.” published on 1/12/2024. Also, we have
published FY2024 Q1 Financial Results on 3/29/2024. Details are as follows:
- FY2024 Q1 Financial Results (Summary, written in English)
https://www2.jpx.co.jp/disc/29750/140120240328562104.pdf
- FY2023 Financial Results & Mid-Term Plan “Find the Value 2026” (Written in English)
https://www2.jpx.co.jp/disc/29750/140120240112514164.pdf