1 Q F Y 1 0 / F i n a n c i a l R e s u l t s

(1)

1 Q F Y 1 0 / 2 0 2 0

F i n a n c i a l R e s u l t s

N o v 1 , 2 0 1 9

– Jan 31, 2020

S e c u r i t i e s c o d e

：

3 4 9 1

M a r c h 1 2 , 2 0 1 9

(2)

P H I L O S O P H Y

Technology × Innovation to

Inspire the world

V I S I O N

Create a world-leading company

(3)

Thinking about ideal

lifestyle for first time

Creating ideal future lifestyle

Creating presently

desired living situation

ITANDI

Rent-Lease-Sell-Buy

iBuyer

Customer

Delivering customer’s true ideal lifestyle, going beyond housing

Rent

Live

Invest

RENOSY business

Purchase and resale business

High class real estate

brokerage business

Rental BtoB / BtoC business

(4)

[Disclaimer] Note that this material has been prepared based on information available at the time, which may differ from the latest information.

₂₀₂₀

©︎

_{GA technologies Co., Ltd}

RENOSY makes it possible to purchase a property in 1 click

4 Use various

data for decision

Do everything

with one company!

Just enter details once

in the special tool

Review time

also shorter

Manage property

with the app!

!

Manage

Apply/sign contract

Learn/search

Compare/consider

Image of customer behavior

Contract

Bank 1

Bank 2

Judicial

scrivener 1

Judicial

scrivener 2

Our sales rep

Rent

management

Property

information

portal

Loan review

support system

App for

owners

Data utilization

presentation tool

Supplier

Marketer

In-house developed

operation system

(5)

1Q FY10/20 Results

(Consolidated)

(6)

₂₀₂₀

©︎

_{GA technologies Co., Ltd}

₆

million yen

YoY

9,842

1,688

million yen

- 46

million yen

%

+ 34

YoY

%

+ 25

YoY

%

- 159

Net sales

Gross profit

Operating income

(7)

(8)

₂₀₂₀

©︎

_{GA technologies Co., Ltd}

Management Priorities

Achieve iBuyer profitability by adapting to product market

ITANDI and Rent-Lease-Sell-Buy are in investment phase to expand business and establish profits

(9)

Strengthening Rental Management Operations

Expecting to Secure Management Profits

Change business structure to strengthen rental management, a stock business, in the

RENOSY business (iBuyer)

Buyer

Capture response

Property proposal/contract

_Management

Management

Stock

Thorough sorting

of routine tasks

Enhancement of service to improve customer experience

Tech

Division

of labor

Wide Plan

¥6,980

/

month

Master Plan

87~91

%

/

month

Fixed rent

Sales

Send some members

to Management Division

Equipment

warranty

Manage

ment

Equipment

warranty

Manage

(10)

₂₀₂₀

©︎

_{GA technologies Co., Ltd}

(75)

356

678 1193

(46)

FY10/16

FY10/17

FY10/18

FY10/19

874 1,688

3,522

6,850

1,688

FY10/16

FY10/17

FY10/18

FY10/19

FY10/20

5,373

9,558

20,127

39,286

9,842

FY10/16

FY10/17

FY10/18

FY10/19

FY10/20

Full-year Trend and Progress in 1Q FY10/20

10 Net sales revised upward: Number of sales expected to increase owing primarily to expectation

that sales rep hiring will exceed plan and that productivity will improve as result of effects of

investing in technology and marketing

16

%

-3

%

55,000

Results

forecast

1,800

Results forecast

(5th year)

(6th year) (7th year)

Consolidated *1

(8th year)

Consolidated

(4th year)

(5th year)

(6th year) (7th year)

FY10/20

Consolidated

(8th year)

Consolidated

(4th year)

(5th year) (6th year) (7th year)

Consolidated

(8th year)

Consolidated

(4th year)

*1. As of FY10/19 (7th year), figures based on consolidated financial statements.

(11)

62

126

59

107

139 ₁₃₄

₁₃₀

273

78

255

118

739 (46)

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q

FY10/19

FY10/18

FY10/17

FY10/20

1Q

1,824

2,399

2,338

2,998

3,654

4,5

05 5,127

6,839

7,339

9,411

9,127

13,407

9,842

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q

Trends in 1Q FY10/20

Net sales up 34% YoY and gross profit up 25% YoY owing to strong expansion of each business

Operating income down despite strong sales and gross profit due to hiring and other

forward-looking investments

352

445

401

504

656

762

907 1,195

1,350

1 ,7

0

0 1,632

2,166

1,688

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q

YoY

FY10/19

FY10/18

FY10/17

FY2020.10

(5th year)

(6th year)

(7th year)

Consolidated *1

(8th year)

Consolidated

FY10/19

FY10/18

FY10/17

FY10/20

+34

%

+25

%

- 159

%

(5th year)

(6th year)

(7th year)

(12)

2020

©︎

_{GA technologies Co., Ltd}

290

318

391

396

516

628

777

921 1,272

1,444

1,514

_1,427

1,735

141

152

187 ₁₁₅

216

239

253

268

360

428

498

458

551

13

15

16

34

22

45

54

101

90

71

35

56

70

46

48

66

72

97

95

226

198

247

198

239

223

220

73

109

76

134

157

59

61

60

43

55

52

97

41

98

114

113

118

90

103

122 ₁₇₅

181

249

244

354

342

438

332

461 1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

Other

Office expenses

Depreciation

Amortization of

goodwill

Taxes and dues

Advertising

expenses

Recruiting

expenses

Personnel

expenses

Trend in SG&A in 1Q FY10/20

12 Personnel expenses up due to favorable hiring, including QoQ increase of about 50 employees

Highly cost-effective advertising measures helped

shrink advertising expenses YoY

FY10/17

(5th year)

_FY10/18

_{(6th year)}

_FY10/19

(7th year)

Consolidated *1

FY10/20

(8th year)

Consolidated

(13)

58

81

91

109

116

141

159

210

276

344 ₃₃₉

347

398 1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

Trend in Number of Employees in 1Q FY10/20

Number of employees up 122 people YoY and 51 people QoQ owing to aggressive human

resources investments for strengthening existing businesses, creating new businesses, and

structural development

*1. As of January 31, 2020; excluding officers, contract employee, part-time workers, and interns at consolidated subsidiaries.

*1

122 up

51 up

YoY

QoQ

(14)

₂₀₂₀

©︎

_{GA technologies Co., Ltd}

1Q FY10/20 ①

1Q FY10/19 ②

Amount of

change

(

①-②

)

Percentage of

change

(①/

②)

FY10/20

Results

forecast ③

1Q FY10/20

(1)

Progress

(①/

③)

Net sales

9,842

7,339

2,503

_+34%

61,000

9,842

_16%

Gross profit

1,688

1,350

338 +25%

---

1,688

---Operating

income

(46)

78 (124)

-159%

1,800

(46)

-3%

Ordinary

income

(70)

55 (125)

-227%

1,530

(70)

-5%

Net income

attributable to owners

of parent

(84)

(24)

(60)

-250%

770 (84)

-11%

Summary of Income Statement (Consolidated)

14 Net sales and gross profit up YoY and remaining strong. Operating income, ordinary income,

and net income down due to forward-looking investments for growth

(Millions of yen)

(15)

Summary of Balance Sheet (Consolidated)

Net assets up 363 million yen in conjunction with recording of 1,345 million yen in goodwill,

235 million yen in intangible assets (customer-related assets), and -1,000 million yen in

borrowings, primarily as a result of M&A with Modern Standard

1Q FY10/20 ①

4Q FY10/19 ②

Amount of change

(③=①-②)

Percentage of change

(

③

/

②

)

Total assets

13,377

11,839

1,537

_+13%

Current assets

(Cash and cash equivalents)

(Real estate for sale)

4,990

(2,556)

(1,837)

5,512

(4,279)

(682)

-521

(-1,722)

(1,154)

-9%

(-40%)

(+169%)

Fixed assets

(Software [including software in

progress])

(Goodwill)

(Customer-related assets)

8,386

(2,117)

(2,991)

(937)

6,327

(1,890)

(1,707)

(724)

2,059

(227)

(1,284)

(213)

+33%

(+12%)

(+75%)

(+29%)

Liabilities

(Interest-bearing debt)

7,256

(4,884)

6,082

(3,461)

1,174

(1,423)

+19%

(+41%)

Net assets

(Share exchange)

(Moving strike warrants)

6,120

(699)

(---)

5,757

(699)

(2,092)

363 (0)

(---)

+6%

(+0%)

(---%)

Total liabilities and net assets

13,377

11,839

1,537

_+13%

(16)

16 i Buyer business

(17)

Excellent

customer

Business Model

Achieve labor savings and increased productivity by reforming real estate business processes

Debt-free business model utilizing technology

Seller

Proprietary

Buyer

presentation system

Property

sale

Get

response

Get

information

Proprietary purchase

Support system

Excellent

property

Affordable price range

Procure properties with

low vacancy risk

Efficient customer attraction

Propose easy-to-invest-in

properties

(18)

₂₀₂₀

©︎

GA technologies Co., Ltd

Product Characteristics

18 Target investment is condominiums in major urban areas with low risk of vacancies that can

be purchased in relatively small quantities

Existing condominium

(about 10 years old or more)

Condominium

(about 50m

2 ₎

Major urban areas

(Tokyo Metropolitan Area, Osaka, Nagoya, Fukuoka)

New earthquake resistance standards

(19)

8.62

2.65 _1.32

2.72

0.94

1.85 _0.41

2.26

GA Company A Company B Company C Company D Company E Company F Company G Company H

42

138

277

134

386

197

884

162

GA Company A Company B Company C Company D Company E Company F Company G Company H

Overwhelming Inventory Turnover Period Compared to

Competitors

Achieve efficiency from purchase to sale with inventory turnover period of 14 days and

inventory turnover rate of 27.6x/year by using technology for short-term matching

Approx.

277.5 days

Average of 8 real estate

companies other than GA

Real estate for investment

Purchase for resale

Approx.

2.6 times/year

Average of 8 real estate

companies other than GA

Purchase for resale

Real estate for investment

*1. Calculated based on formula of inventory turnover period = Average inventory amount/(cost of sales/365). Refers to period from purchase to sale.

Generally speaking, the lower this value, the higher the number of inventory sales and the healthier the cash flow.

*2. Calculated based on formula of inventory turnover rate = cost of sales/average annual inventory amount (average based on inventory amount at end of previous year and inventory amount at end of

(20)

₂₀₂₀

©︎

_{GA technologies Co., Ltd}

92

123

157

191

240

265

337

352

441

444

619

435 1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2,377

4,417

7,540

10,806

14,901

19,881

24,868

31,849

37,091

42,564

53,091 59,323

68,451

Trends in Number of Contracts

and RENOSY Members

20 Number of contracts up 23% YoY, RENOSY membership increasing steadily

(5th year)

FY10/17

(6th year)

FY10/18

_{(7th year)}

FY10/19

_{(8th year)}

FY10/20

(People)

(Contracts)

YoY

+23

%

Trend in number of contracts

(21)

52

75

65

91

104

122

103

122

141

170

117

170

138 1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

32

36

33

35

37

50

56

52

55

78

76

69

63

2.63

3.84

3.42

4.76

5.46

6.49

5.30

6.02

6.77

8.02

5.69

8.14

6.30 Trend in ARPA and Number of Sales Reps

Performance dropped temporarily due to departmental transfers of sales reps aimed at changing

the business structure and creating new businesses to strengthen rental management

(5th year)

FY10/17

(6th year)

FY10/18

(7th year)

FY10/19

FY10/20

(8th year)

Trend in ARPA

Trend in number of

sales reps

(People)

(Millions of yen)

-2

%

YoY

1. ARPA=Average Revenue Per Agent. 2. Number of full-time sales reps at end of year

*2

Trend in number of

contracts per person

(Contracts)

(22)

22 Rent-Lease-Sell-Buy

(23)

Business Model

Sending customers looking to rent, lease out, sell or buy from a service site with the highest

level of total membership in the industry

MS website

+

RENOSY

Looking to

lease out

Looking to

sell

Looking to

buy

Looking to

rent

(24)

2020

©︎

GA technologies Co., Ltd

Product Characteristics

24 Targeting wealthy in area focused on 6 wards

Targeting the wealthy

Focusing on 6 wards

(Chiyoda, Chuo, Minato, Shinjuku, Shibuya, and Bunkyo)

(25)

Strengths

Creating more powerful synergy by adding RENOSY to MS service site boasting of industry’s

highest level of total membership

thousand

200 Luxury rentals

Approx.

Monthly

page views

million

1 Approx.

Unique

users

thousand

200 Sales/renovation

Approx.

Monthly

page views

thousand

400 Approx.

Unique

users

thousand

150 Real estate Investment

Approx.

Monthly

page views

thousand

400 Approx.

Unique

users

(26)

26

(27)

Business Structure

(1)

SaaS for management

_companies

(2)

SaaS for real

_{estate agencies}

(3)

Self-showing type

_{rental site}

(4)

Incidental services

_business

MRR

Monthly recurring revenue

MRR

Number of

properties listed

Number of

digital applications

Account contract

Brokered contract

Referral of customers

Management

company

Real estate

agency

_Tenant

Revenue

Investment

*1

Real time

property data

Digital

_applications

Property confirmation call

automatic response 24/7 showing appointment

Online

tenant application Digital contracts

Main KPI

Monetization

Target

(28)

2020

©︎

GA technologies Co., Ltd

Real estate

agency

Business Characteristics

28 Utilizing real time property data from SaaS system for management companies in

B-to-B / B-to-C services

Management

company

(1)

(2)

(3)

(4)

Revenue

Investment

Revenue

automatic response 24/7 showing appointment Online

(29)

5 .4

5 .9

6.

2

7 .5

7 _.3

7 _.2

7 .5

7 .9

8 .4

1

0 .7

10 .9

1

0 .9

1

1 .4

1

1 .8

1

2 .1

1

2 .1

1

2 .2

1

2 .1

1

2 .9

16 .6

1

6 .8

1

4 .6

1

4 .5

1

4 .5

1

4 .7

1

5 .0

11

12

1

2

3

4

5

6

7

8

9

10

11

12

1

2

3

4

5

6

7

8

9

10

11

12

1

55

63

77

81

84

92

94

96 97 101 102 107

116 122

128

131

156

174

196

225

250

278

300

324

345

365

388 Trend in KPI of SaaS for Management Companies

MRR (monthly recurring revenue) also up with increase in number of SaaS contracts for

management companies

FY10/19

(7th year)

FY10/18

(6th year)

FY10/20

(8th year)

automatic response showing appointment24/7

Online tenant application Digital contracts

+30

%

YoY

+203

%

YoY

Trend in MRR

Trend in number of

subscribed companies

*1

（

Companies）

(Millions of yen)

Revenue

34.1

44.2 1Q FY10/19

(Total from Nov. to Jan.)

1Q FY10/20

(Total from Nov. to Jan.)

(30)

2020

©︎

GA technologies Co., Ltd

Trend in number of

subscribed companies

23.9

24.3

25.4

27.1 _26.0

_26.4

_26.5

_26.6

27.2

27.5

28.0

30.7

30.8

31.2

11

12

1

2

3

4

5

6

7

8

9

10

11

12

1

82 ₈₁

84

88

89

90

93

95

98

100

104

101

99 Trend in KPI of SaaS for Real Estate Agencies

30 MRR (monthly recurring revenue) also up with increase in number of SaaS contracts for real

estate agencies

+26

%

YoY

FY10/19

(7th year)

FY10/20

(8th year)

*1

(Companies)

+18

%

YoY

73.6

92.6 (Millions of yen)

1Q FY10/20

(Total from Nov. to Jan.)

1Q FY10/19

(Total from Nov. to Jan.)

*1. Number of real estate agencies with contracts for systems

Revenue

(31)

Trend in number of

listed properties

132

232

252

285

823

972 1,152

1,165

1,250

1,204

1,388

_1,361

1,464

1,658

1,852

2,146

2,137

2,222

10.1W 10.2W 10.3W 10.4W 10.5W 11.1W 11.2W 11.3W 11.4W 12.1W 12.2W 12.3W 12.4W

1.1W

1.2W

1.3W

1.4W

1.5W

Trend in KPI of OHEYAGO

Number of listed properties leading to OHEYAGO contracts also up with increase in number of

facilities using SaaS for management companies

(Properties)

+170

%

QoQ

+40

%

QoQ

FY10/19

(7th year)

_{(8th year)}

FY10/20

453

457

463

465

727

731

963

970

974

984

988

993 1,006

1,007

1,008

1,011

1,015

1,016

Investment

Trend in number of

adopting facilities

*1

(32)

2020

©︎

GA technologies Co., Ltd

Trend in number of

digital applications

Trend in KPI of Moshikomiuketsuke-kun

32 Substantial increase in number of digital applications, a touchpoint for the incidental services

business

FY10/19

(7th year)

FY10/20

(8th year)

46

142

355

386

528

413

422

813 2,486

5,693

10,307

8,105

9,457

12,485

20,804

4

9

10

13

18

24

27

42

192

205

218

230

852

894

935

11

12

1

2

3

4

5

6

7

8

9

10

11

12

1 Trend in number of adopting locations

(Properties)

+157

%

QoQ

Certified No. 1 in industry for

number of adopting companies

*1

*2

+307

%

QoQ

Online

tenant application

*1. Survey by Tokyo Shoko Research

*2. Number of facilities where Moshikomiuketsuke-kun has been introduced and is in use. Some companies have contracts for multiple facilities.

(33)

Incidental Services Business

Promote use of various lifestyle services when entering application information to gain

referral margin

Application

Contract

Property selection

Showing

Home contents

insurance

Electricity

Gas

(34)

2020

©︎

GA technologies Co., Ltd

34

%

34 Number of managed units of companies adopting ITANDI’s SaaS for management companies

is roughly 34% of all managed units nationwide

*1. Total from ITANDI’s services

*2. Estimated based on the 2018 “Survey Results of the Housing and Land Survey (Statistical Tables)” published by the Statistics Bureau of Japan in April 2019 and the 2013 “Current Status of Rental Housing

Management” published by the Ministry of Land, Infrastructure, Transport and Tourism

Total number of units managed

by management companies

nationwide

Approx.

10.5 Number of managed units of

companies adopting ITANDI’s

SaaS for management companies

Approx.

3,520

*1

Management

company

million

*2

thousand

Strengths

(35)

Real estate

agency

Management

company

(1)

(2)

(3)

(4)

Revenue

Investment

Revenue

Summary of Business Progress

As number of subscribed companies for SaaS for management companies increases, number

of properties listed on OHEYAGO and number of digital applications is growing substantially

Substantial increase in

number of subscribed

companies

Substantial increase

in number of

properties listed

Substantial increase in

number of digital

applications

Strong growth

(36)

36

(37)

FY10/20

Future

Shifting to Business Structure

That Balances Growth with Stability

Systematically increase percentage of stock revenue and continue to establish stable business

foundation and further growth

(38)

2020

©︎

GA technologies Co., Ltd

Investment Strategy for Stable Growth

38 Currently, flow business revenue from iBuyer is main source

Invest in two new flow businesses and two new stock businesses to balance stability and growth

Flow

iBuyer

SaaS

Flow

Stock

(39)

Investment Strategy for Stable Growth

Combine multiple business portfolios and balance growth and stability through mutual

complementation

(40)

2020

©︎

GA technologies Co., Ltd

40 Invest in structural development for brokerage business and strengthening of media to

maximize synergy with MS

MS website

+

RENOSY

Strategy 1: Strengthen RENOSY

(Rent-Lease-Sell-Buy)

(41)

Strategy 2: ITANDI OHEYAGO

Strengthen touchpoints to increase number of OHEYAGO brokerage deals

Managed

facilities

(42)

2020

©︎

GA technologies Co., Ltd

Strategy 3: Real Estate Buying

and Selling Platform

42 Aim to create real estate buying and selling platform that allows everything to be done online

(43)

Strategy 4: Establish Independence of

Rental Management Services

Aim to expand management revenue-based RENOSY (iBuyer) stock business and strengthen

services related to rental management

Management support

for real estate owners

Expansion of

domain and

services

Service

development

Improvement of

quality of human

resources

Tech

development

Improved quality

of management

Rental

management

business

(44)

2020

©︎

GA technologies Co., Ltd

Strategy 5: External Sales of Proprietary Tech

44 Aim to expand stock revenue with subscriptions and establish company specializing in

externally selling products

Improvement of profitability of

real estate investment companies

in Japan

Technology developed in

RENOSY business

Universal

development

External sales

and marketing

Development

of universal

foundation

for industry

Industry

revitalization

Expansion of

domain and

services

(45)

1.5 trillion

Approx.

Real estate investment market

*1

*2

*3

1 ）

Ministry of Land, Infrastructure, Transport and Tourism “Current situation of Real estate investment market”

2 ）

TAM

（

Total Addressable Market

）

is calculated based on the number of apartment stocks in the metropolitan area

(46)

2020

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GA technologies Co., Ltd

46 *1

4trillion

Approx.

*1

1) Assumed by GA using research conducted by the Real Estate Information Network for East Japan.

Real estate transaction market (transaction volume)

(47)

ITANDI Business Market

*1

20 billion yen

Approx.

*1

*1. Estimated based on industry survey by ITANDI.

(48)

48

(49)

Actively Working on SDGs / ESG

*1. 2019 Basic Survey on Wage Structure by Ministry of Health, Labour and Welfare

Actively supporting women’s participation in society (percentage of female employees)

Average in

real estate industry

7.2 _%

*1

Official sponsor of Kawasaki

Frontale

Japan Blind Football

Association partner

(50)

2020

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GA technologies Co., Ltd

Executive Officers Promoting the Company’s

Development Structure

CPO

Shinpei Noguchi

CAlO

Hirohisa Inamoto

A graduate of Waseda University, he won a business

contest organized by the university and gained work

experience while still attending university.

After graduating, he established his second company, a

web media company, and later sold it to a listed company.

2014 Joined ITANDI as executive officer

2018 Appointed as representative director of ITANDI

Appointed as executive officer of the Company

2019 Appointed as Chief Product Officer (CPO)

Joined Ricoh after completing graduate school at Osaka

University.

Engaged in R&D on image processing and recognition

technology. In charge of launch of “theta360.biz” virtual

reality service for real estate.

2017 Joined the Company

Developed real estate service automation

system utilizing AI/RPA.

2019 Appointed as Chief AI Officer (CAIO)

Appointed as Head of AI Strategy Center

CDO

Akira Endo

CMO

Hiroshi Tabuki

After graduating from Gakushuin University, he joined a

leading securities system development company.

He served as the chief technology officer of a venture

company specializing in reunion services.

Later, he joined GungHo Online Entertainment and worked

in system development.

2018 Joined the Company

Responsible for new graduate engineer training team

2020 Appointed as executive officer

Joined Imagineer after graduating from Meiji University.

Worked in planning and marketing.

Engaged in business development and management at

Kakaku.com.

Served as marketing executive at an IT startup company.

2018 Joined the Company

Responsible for Product Planning

and Marketing Division

2020 Appointed as executive officer

(51)

O u r g o v e r n a n c e o r g a n i z a t i o n

w i t h 4 o u t s i d e d i r e c t o r s

Directors

8 Outside Directors

4 Ryo Higuchi

_{Masashi Shimizu}

Dai Higuchi

Yoshihisa Fujihara

Ken Kutaragi

Kazuto Nakajima

Tomohisa Matsuba

Yuko Saruwatari

Operating Directors

Audit and Supervisory

Committee Member

(52)

2020

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GA technologies Co., Ltd

4.

2. Loan Review Support and Compliance Measures

at Contract Signing

52 Operational flow separating sales and finance divisions

Loan review that does not go through sales division

Property agreements by specialist team

on condition of having real-estate brokerage license

Training by company lawyers, Legal Department, and Marketing

(Those who complete training receive license)

Explanation by third-party agency

and confirmation of understanding at contract signing

1.

3.

5.

6.

(53)

Loan Review Support

Sales division

Finance division

Customer

Information sharing via proprietary

system that does not involve

human operations

Finance division separate

from sales division

Proprietary loan review

operation support system

(54)

2020

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GA technologies Co., Ltd

GA Compliance Book

Governance Reinforcement and Compliance Measures

54

• Company lawyers

• Legal Department

• Marketing

provide training

once every two weeks

Property agreement by

specialist team with real

estate brokerage license

Explanation and confirmation

of understanding by

third-party agency at time of

contract signing

Those who complete

training receive

RENOSY License

Contracts

division

Customer

Real estate broker

National certification

for real estate transactions

Contracts division

Customer

Contracted

third-party agency

Provide sufficient

explanation and confirm

understanding of content

(55)

Company Overview

Established

March 12, 2013

Head Office

40F Sumitomo Fudosan Roppongi Grand Tower, 3-2-1 Roppongi, Minato-ku, Tokyo

Capital

1,161,023,130 yen (January 2019)

Number of

employees

*1

398 (January 2019)

Business

Description

・Management of RENOSY general real estate tech brand

・R&D utilizing AI and RPA such as BEST BASHO and BLUEPRINT by RENOSY

・Existing condominium renovation design and implementation

Directors

President, CEO and Representative Director: Ryo Higuchi

Senior Managing Director and Executive Officer: Masafumi Shimizu

Director and Executive Officer: Dai Higuchi and Yoshihisa Fujiwara

Outside Director: Ken Kutaragi

Director, Audit & Supervisory Committee Member: Kazuto Nakashima (full-time), Tomohisa Matsuba (outside),

Yuko Sawatari (outside)

(56)

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GA technologies Co., Ltd

Disclaimer

56 This material contains forward-looking statements, which are based on current expectations, forecasts and assumptions that

involve risks.

These forward-looking statements contain uncertainties, and actual results may differ substantially from these statements.

These risks and uncertainties include general industry and market conditions as well as Japanese and international economic

conditions such as changes in interest rates and exchange rates.

GA Technologies has no obligation to update or correct the forward-looking statements contained in this material, regardless

of any new information, future events, etc.