Expansion of B2B services through the conversion of イタンジ株式会社 into a wholly owned subsidiary

「A brokerage company can search for properties for sale on ITANDI BB and complete arrangements for a viewing just by pressing the “Viewing” button on the property-list screen, in the same way as for rental properties.」

「Housmart Co., Ltd. was dissolved as a result of the absorption-type merger effective 1 November 2025, with ITANDI Co., Ltd., a consolidated subsidiary of the company, as the surviving company, and has therefore been excluded from the scope of consolidation.」

「Through the network effects of vertical SaaS, the expansion of sales channels into both the rental and sales markets, and broader deployment across multiple products, among other initiatives, the Company expanded performance steadily, achieving ARR of ¥5,404 million, up approximately 36% year on year, 4,799 adopting companies, up approximately 26%, 14,726 deployed products, up approximately 33%, a churn rate of 0.40%, 18,214,455 ITANDI BB page views, up approximately 45%, and 222,562 life-line service uses, up approximately 23%.」

「Through the business integration with Housmart, our group will build an integrated platform covering the real estate value chain of property sales, rentals and management. By providing one-stop services, expanding market share and leveraging synergies across the group, we will provide further value to Japan's 110,000 real estate companies* and help address challenges facing the industry.」

「Through its collaboration with Housmart following Housmart's joining the group, ITANDI will provide greater value to customers by building a SaaS platform covering both rental brokerage and property sales brokerage. In addition to building a platform that leverages the strengths of both companies, the company believes that cross-selling to both companies' customer bases will enable it to expand market share more rapidly.」

「Driven by continued strong customer inquiries and the network effects of vertical SaaS, the company achieved high growth while remaining profitable, including ARR*6 of ¥2,450 million, up approximately 42% year on year, 2,474 customers, up approximately 48%, a churn rate*7 of 0.50% versus 0.48% in the same period of the previous year, and unit economics*8 of 24.1x versus 30.6x. As a result, the ITANDI business reported revenue of ¥2,399 million, up 67.8% year on year, and segment profit of ¥639 million, up 159.5%.」

「Driven by continued strong customer inquiries and the network effects of vertical SaaS, the company achieved high growth while remaining profitable, including ARR*6 of ¥2,830 million, up approximately 55% year on year, 2,320 customers, up approximately 57%, a churn rate*7 of 0.42% versus 0.55% in the same period of the previous year, and unit economics*8 of 34.3x versus 34.9x. As a result, the ITANDI business reported revenue of ¥1,569 million, up 72.0% year on year, and segment profit of ¥445 million, up 176.0%.」

「As a result, the ownership interest in the company's shares increased from 80.95% to 100%. Cash of ¥133 million was paid to the non-controlling interests as consideration for the additional acquisition, and the difference of ¥130 million between the additional acquisition consideration and the ¥2 million carrying amount of the non-controlling interests reduced in connection with the additional acquisition was recognized as a decrease in capital surplus.」

「Through the effects of free promotions launched in line with the enforcement of the amended Building Lots and Buildings Transaction Business Act, new service releases, and the high awareness and satisfaction achieved by ITANDI BB, an inter-agent platform that supported the growth of each SaaS product, the company achieved high growth while maintaining profitability, including an ARR※3 growth rate of 70%, a churn rate of 0.47%, and unit economics of 33x.」

「Through the integration following ダンゴネット’s joining the Group, we will expand the lineup of products provided by イタンジ and develop each company’s services using their respective customer bases. We will also accelerate data integration between the two companies’ products to further improve customer satisfaction and achieve higher productivity.」

「Through cost-effective investment in the SaaS business and the effects of marketing ahead of the easing of regulations on electronic contracts, the company achieved high growth while maintaining profitability, including an ARR※5 growth rate of 63.6%, a churn rate of 0.57%, and a 75.5% share of electronic rental applications.」

「Through cost-effective investment in the SaaS business, the company achieved high growth while maintaining profitability, including an ARR※5 growth rate of 61.4% and a churn rate of 0.44%. As a result, the ITANDI business recorded revenue of ¥414 million, up 69.4% year on year, and segment profit of ¥58 million, compared with a segment loss of ¥0 million in the previous corresponding period.」

「For real estate sales and brokerage through RENOSY, the company can provide an end-to-end service and customer experience from property search through application, contracting, and after-sales support. Through its SaaS offering for real estate rental brokerage companies under ITANDI BB, it can provide the same from property search through viewing reservations, rental applications, electronic contracts, renewals, and move-outs.」

「By linking its B2B business support system for real estate brokerage and management companies with the B2C self-guided property viewing and search site “OHEYAGO” and introducing IoT devices such as smart locks, the company is working to provide everything from accurate rental property information to rapid real estate rental procedures.」

「The company positioned ITANDI Inc., which it made a wholly owned subsidiary in November 2018, as the core of these initiatives and is actively promoting the provision of systems to real estate-related companies.」

「The procedures for acquiring the shares were completed on 1 November 2018, and the procedures for a simplified share exchange were completed on 16 November 2018. Following the acquisition, the voting rights ratio was 100.00%.」