Expansion into Used Condominium Sales and DX Through the Acquisition of Rinne as a Wholly Owned Subsidiary
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「In April 2024, we acquired リンネ株式会社, a real estate technology venture, as a wholly owned subsidiary and expanded our business into used condominium transactions in the Tokyo area. In addition to supporting リンネ株式会社's business growth through the provision of know-how and strengthening its financial base, we are also working to improve efficiency across the Group by applying the company's proprietary IT technology to DX in our existing businesses.」
The policy of acquiring リンネ株式会社 as a wholly owned subsidiary, entering the used condominium transaction business, and pursuing DX in existing businesses continued to be disclosed for the current fiscal year. リンネ株式会社 was included in the scope of consolidation from the current fiscal year, and goodwill of ¥13,461 thousand was recorded. - FY2024First statedAnnual report
「In April 2024, we acquired リンネ株式会社, a real estate technology venture, as a wholly owned subsidiary and expanded our business into used condominium transactions in the Tokyo area. In addition to supporting リンネ株式会社's business growth through the provision of know-how and strengthening its financial base, we are also working to improve efficiency across the Group by applying the company's proprietary IT technology to DX in our existing businesses.」
Following the acquisition of リンネ株式会社 as a wholly owned subsidiary in April 2024, the company first disclosed new initiatives to enter the used condominium transaction business in the Tokyo area, provide know-how and financial support, and advance DX in its existing businesses using リンネ株式会社's IT technology.