Expanding PropTech for Luxury Rentals and Affluent Customers Through the Acquisition of Modern Standard
First written in FY2019. 2 of 3 entries say "Advanced", first in FY2020. Latest entry: 2026-09-30.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- 2026-09-30AdvancedOther Disclosures
「今回の機能リリースにより、モダンスタンダード上の各建物詳細ページ（https://www.m-standard.co.jp/）にて以下のデータが閲覧可能になります。」
Modern Standardの高級賃貸・富裕層向けサービスについて、グループ内の不動産ビッグデータを建物詳細ページへ組み込み、提供情報を拡張した。 - FY2020AdvancedAnnual report
「The impairment of office assets of Modern Standard resulted from consolidating the functions of the head office and sales offices held by Modern Standard, which became a wholly owned subsidiary during the consolidated fiscal year, into our group's Tokyo head office. The recoverable amount of the asset group was measured based on value in use, and value in use was assessed as zero. As a result, the carrying amount was reduced to its memorandum value, and the reduction was recorded as an impairment loss under extraordinary losses.」
Following the acquisition of Modern Standard as a wholly owned subsidiary, the functions of its head office and sales offices were consolidated into the Tokyo head office. In addition, the integration of the luxury rental website and RENOSY services was planned and implemented in December 2020. - FY2019AchievedAnnual report
「MS operates a luxury rental service website with an industry-leading※ membership of 70,000, and sales from the service are at the top level in the industry※. It has led the luxury rental market in central Tokyo to date.」
The acquisition of a 67% stake in Modern Standard, followed by the acquisition of the remaining 33% through a simplified share exchange, was completed, making it a wholly owned subsidiary. Cross-selling with RENOSY and PropTech services for high-income customers in the Tokyo metropolitan area are planned.