{ "docId": "019de515-43f7-706b-a931-013c700f25f1", "docSlug": "70bc172b6f093262a382653fcac1387d", "documentTitle": "Lead Real Estate Co | IPO Presentation Deck | 27 slides", "authorId": "lead-real-estate-co", "authorName": "Lead Real Estate Co., Ltd", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investment_bank", "sourceTypeLabel": "Investment bank", "presentationDate": "2023-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.8991098, "pageNumber": 10, "pageCount": 27, "prevPage": 9, "nextPage": 11, "slideType": "other", "function": "summarize", "density": "overcrowded", "nDataPoints": 9, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de515-43f7-706b-a931-013c700f25f1/10", "deckHref": "/decks/019de515-43f7-706b-a931-013c700f25f1", "deckJsonHref": "/decks/019de515-43f7-706b-a931-013c700f25f1.json", "deckAnchorHref": "/decks/019de515-43f7-706b-a931-013c700f25f1#slide-10", "components": [ { "bbox": { "h": 0.03, "w": 0.88, "x": 0.07, "y": 0.92 }, "kind": "disclaimer", "text": "See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of loss. Past performance is not indicative of future\nresults.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "beea8242-9abf-46b5-a468-4e958aaccfc4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.13, "x": 0.34, "y": 0.25 }, "kind": "metric", "text": "$65 Million (Sold)\n+\n$70 Million (For Sale)", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "79c9df04-d037-4df3-ba7d-55ee5d244b30", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.08, "x": 0.77, "y": 0.25 }, "kind": "metric", "text": "17%", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "af7bdd36-a8a6-48a3-841e-c3e12458cca9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.12, "x": 0.14, "y": 0.25 }, "kind": "metric", "text": "$725k", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d6deb227-d1f6-423c-9ba9-49fe85620cd8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.13, "x": 0.21, "y": 0.51 }, "kind": "metric", "text": "~$106m FY22", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e0c34e0f-d5e8-42f2-9f7d-1728c9d1e8e0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.08, "x": 0.67, "y": 0.54 }, "kind": "metric", "text": "15%", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e4d5dda6-dd6b-4501-8c3e-e9fe024691fe", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.08, "x": 0.56, "y": 0.25 }, "kind": "metric", "text": "90%", "attrs": {}, "subkind": "big-number", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f18b9eef-fd46-4d90-973b-f32e4162c870", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.27, "w": 0.02, "x": 0.03, "y": 0.36 }, "kind": "other", "text": "Lead Real Estate Co. Ltd", "attrs": {}, "subkind": "unclassified", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5302ea32-aa46-4d29-a02c-754f53a2e4a4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.79, "x": 0.13, "y": 0.79 }, "kind": "source-note", "text": "* 1,000 single-family homes and 25 condominiums delivered since inception as of fiscal year ended June 30, 2022. Cancellation rate <1%. FX\n¥135.69 / USD\n**Gross margin target ranges depending on sales mix (made to home units vs. investment condo towers). For past fiscal year ended June 30, 2022\n***Management opinion based off subjective factors including landowner/seller receptivity, priority given by real estate agencies and competitive dynamics", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "59c2139c-eb90-4649-b278-80983bdd5361", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.12, "x": 0.65, "y": 0.49 }, "kind": "subtitle", "text": "Stable Growth\n5-yr Revenue CAGR", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "13dced4e-34e1-4a03-9983-d47da4bbc785", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.13, "w": 0.16, "x": 0.42, "y": 0.47 }, "kind": "subtitle", "text": "Tier A Lot Ownership\nPreferred Developer For\nLuxury Residential***\nFocus on Azabu, Shibuya,\nShinjuku & other premium\nlocations", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1c30c633-b5a6-43b1-b6b2-9f12787b21e5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.13, "w": 0.14, "x": 0.53, "y": 0.2 }, "kind": "subtitle", "text": "<6 mo's delivery\n% of home orders\ndelivered within 6\nmonths", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "396f2412-1c69-4b87-b3d7-86441e344980", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.13, "w": 0.12, "x": 0.35, "y": 0.2 }, "kind": "subtitle", "text": "B2B Building\nCondominiums", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5080ccc5-9840-4bd4-9225-42839500bc3e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.13, "x": 0.21, "y": 0.54 }, "kind": "subtitle", "text": "Revenue with\nOver 1000 Units\nDelivered*", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7937e17f-908d-455e-9d30-7cb55b2da86d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.13, "w": 0.1, "x": 0.76, "y": 0.2 }, "kind": "subtitle", "text": "Profitable\nGross Margins**", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b39e5f06-3a9a-4bdf-9cc3-2f6329c07990", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.13, "w": 0.14, "x": 0.13, "y": 0.2 }, "kind": "subtitle", "text": "Affordable Luxury\nAverage Sale Price\nSingle-family home", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d1490383-3079-4fbc-b565-9cc2b3ff8de9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.36, "x": 0.074, "y": 0.057 }, "kind": "title", "text": "LRE At a Glance", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f1e8b040-117b-4038-8f84-8d48000fe0c8", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 16, "from": 10, "beatId": "16edbb05-ed2a-4d48-aed0-b29ca45eb3a6", "arcName": "The Sequoia Pitch", "arcSlug": "sequoia-pitch", "beatName": "Business Model", "beatSlug": "sequoia-pitch-business-model", "evidence": "The sections 'LRE At a Glance', 'Core Operations', and the following property type sections describe the business model.", "position": 1, "confidence": 0.8, "parentBeatName": "Evidence", "parentBeatSlug": "evidence" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }