Transition from real estate inventory sales to a brokerage fee model
First written in FY2024. 5 of 12 entries say "Advanced", first in 2026-05-14. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AchievedAnnual report
「The shift from a brokerage model to a buy-and-resell model promoted since the previous consolidated fiscal year has progressed and become established, growing into a core pillar driving the expansion of results across the Group.」
States that the transition from a brokerage model to a buy-and-resell model has progressed and taken hold, indicating that the business model transition has reached the next stage. - FY2026-H1ReframedAnnual report
「In the INVASE business, the company made a full-scale shift from its traditional brokerage model to a purchase-and-resale model involving direct transactions by the company.」
The company is making a full-scale shift from its traditional brokerage model to a purchase-and-resale model involving direct transactions by the company. - FY2025ReframedAnnual report
「Cash provided by operating activities was ¥116.802 million, compared with ¥70.837 million used in the previous consolidated fiscal year. The main factors were an increase resulting from income before income taxes of ¥198.443 million, partly offset by an ¥81.798 million increase in real estate held for sale following the start of real estate sales.」
In addition to the brokerage commission-centered model outlined in the previous fiscal year, the company began selling real estate during the current fiscal year and recorded real estate held for sale and revenue from real estate sales. - FY2024First statedAnnual report
「In the fiscal year ended June 2024, the Group shifted to a business model under which it receives and records as revenue only brokerage commissions, excluding property prices. Accordingly, the property sales amount is not expected to be recorded going forward, and only the corresponding commission amount is expected to be recognized.」
The INVASE real estate business shifted from a model of holding and selling properties as inventory to one centered on brokerage commissions.