Promoting contactless sales, owned media and rental DX amid COVID-19
First written in FY2020-Q2. 3 of 7 entries say "Restated". Latest entry: FY2022.
0 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「These effects were almost entirely absent during the current consolidated fiscal year.」
The Company explained that, as a result of advancing non-face-to-face sales, strengthening its owned media, and shifting the rental industry toward DX, the impact of COVID-19 on sales activities and other areas that had arisen in Japan through the previous fiscal year was almost entirely absent during the current fiscal year. - FY2021AdvancedAnnual report
「These effects were almost entirely absent during the current consolidated fiscal year.」
The Company explained that, as a result of advancing its non-face-to-face sales structure, strengthening its owned media, and shifting the rental industry toward DX, the impact on sales activities and other areas that had arisen in Japan during the previous consolidated fiscal year was almost entirely absent during the current consolidated fiscal year. - FY2021-Q3RaisedAnnual report
「Since its founding, the Company Group has pursued its business under the philosophy of “Inspiring people through technology × innovation” and with the vision of “Creating the world’s leading companies.” Rather than seeking to capture small markets, it has consistently aimed to develop a business that would become major infrastructure by facilitating real estate transactions in Japan and globally. In response to the rapid changes in the business environment, the Group viewed accelerating the expansion of its business scale as an opportunity and increased transaction volumes to raise the market share of businesses including the RENOSY Marketplace business over a short period.」
In addition to continuing non-face-to-face sales, strengthening its owned media, and pursuing DX in the rental industry, the Company viewed changes resulting from the laws related to digital reform as an opportunity to expand its business scale, and announced and implemented a policy of increasing transaction volumes to raise market share over a short period. - FY2021-Q1RestatedAnnual report
「Against this backdrop, the Company Group (the Company and its affiliates) was affected by stagnant sales activities due to reduced operating capacity at financial institutions, a decline in the number of properties available for brokerage due to stagnant operations at property management companies, and lower use of electronic applications due to the slowdown in the brokerage industry. However, the Group has focused on promoting DX in anticipation of long-term changes in the industry, including the early establishment of a non-face-to-face sales structure, strengthening its owned media, and shifting the rental industry toward DX, and the impact on business performance has been limited.」
While recognizing the impact of COVID-19 on sales activities, property supply, and use of electronic applications, the Company continues to pursue non-face-to-face sales, strengthen its owned media, and shift the rental industry toward DX. - FY2020RestatedAnnual report
「To mitigate these risks, the Group is focusing on digital transformation initiatives in anticipation of long-term changes in the industry, including the early establishment of a non-face-to-face sales structure, strengthening its proprietary media and promoting the rental industry’s shift to digital transformation.」
In response to COVID-19, the Company continues to prioritize non-face-to-face sales, strengthening its owned media, and shifting the rental industry toward DX. - FY2020-Q3RestatedAnnual report
「Under these business conditions, the Group (the Company and its consolidated subsidiaries) was affected by the spread of COVID-19, including stagnant sales activities caused by reduced operating capacity at financial institutions, a decline in the number of properties available for brokerage due to stagnant activities at property management companies, and reduced use of electronic applications due to the downturn in the brokerage industry. However, the Group focused on digital transformation initiatives in anticipation of long-term changes in the industry, including the early establishment of a non-face-to-face sales structure, strengthening its proprietary media and promoting the rental industry’s shift to digital transformation, limiting the impact on business performance.」
The Group has continued to promote non-face-to-face sales, strengthen its proprietary media and support the rental industry’s shift to digital transformation in response to stagnant sales activities, a decline in the number of properties available for brokerage and reduced use of electronic applications. - FY2020-Q2First statedAnnual report
「The Group has focused on digital transformation initiatives in anticipation of long-term changes in the industry, including the early establishment of a non-face-to-face sales structure, strengthening its proprietary media and promoting the rental industry’s shift to digital transformation, limiting the impact on business performance.」
As measures to address sales stagnation and other effects caused by COVID-19, the Group’s initiatives to promote non-face-to-face sales, strengthen its proprietary media and support the rental industry’s shift to digital transformation can be identified separately for the first time.