Worth reading
23Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Key initiatives
01Select high-quality income-producing properties and convert them into investment products
02Manage properties with a view from value enhancement through to exit
03A highly transparent operating structure
Plan assumptionsThe real estate crowdfunding market has expanded, supported by the ability to participate in real estate investment from small amounts such as ¥10,000 per unit and the convenience of completing procedures online. Investment commitments totaled approximately ¥176.3 billion in fiscal 2024.
Non-financial targetsIndicator name BtoC share / Target value 40% / Timing Not disclosed
Size of the Target MarketScale Investment commitments in fiscal 2024: approximately ¥176.3 billion / Growth rate Not disclosed / Source Prepared by the Company based on the Handbook for Promoting the Use of Real Estate Specified Joint Enterprises (July 2025)
Risks identified by the company
The timing of the service launch may change depending on the status of the review of the application to change the regulatory authorization
| Item | Details |
|---|---|
| Plan name | Long-Term Vision: “Creating a Society Where Wealth Circulates and Everyone Can Keep a Fire Burning Within” |
| Non-financial targets | Indicator name BtoC share / Target value 40% / Timing Not disclosed |
| Plan assumptions | The real estate crowdfunding market has expanded, supported by the ability to participate in real estate investment from small amounts such as ¥10,000 per unit and the convenience of completing procedures online. Investment commitments totaled approximately ¥176.3 billion in fiscal 2024. |
| Key initiatives | Select high-quality income-producing properties and convert them into investment products, Manage properties with a view from value enhancement through to exit, A highly transparent operating structure |
| Size of the Target Market | Scale Investment commitments in fiscal 2024: approximately ¥176.3 billion / Growth rate Not disclosed / Source Prepared by the Company based on the Handbook for Promoting the Use of Real Estate Specified Joint Enterprises (July 2025) |
| Risks identified | The timing of the service launch may change depending on the status of the review of the application to change the regulatory authorization |
| Publication date | 22 June 2026 |
Items this document does not state (18)
Plan periodProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetResults under the previous planReason for revision or withdrawalDate of board resolution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To enable investment solicitation and contract procedures online, add investment products available from small amounts, create points of contact with a broader range of individual investors, and expand the BtoC business.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.