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Management planning4054Japan PropTech Co.,Ltd.Information and Communications, Services and Others

Business Plan and Growth Potential

Reflecting FY2026 results, the company presented its numerical plan for FY2027. While targeting revenue of ¥6 billion, it expects operating profit of ¥600 million and an operating margin of 10.0% due to amortization of リアプロBB＋, a new intercompany system for real estate businesses, and higher costs. The basic policy and direction for medium- to long-term growth remain unchanged.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-30.8
% (year-on-year change in FY2027 operating profit)
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Annual update
Business Plan and Growth PotentialPlan period FY2027
Publication date 24 September 2026
Net Sales+9.6%
基準 5,472Target6,000million
Operating profit-30.8%
基準 867Target600million
Operating profit margin-5.8pt
基準 15.8Target10%

Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. For metrics expressed as percentages, differences are shown in percentage points (pt).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.

Net income for the current fiscal year¥578 million → Not disclosed
Only the target level is shown because the current level for comparison was not provided.
What happened to the previous planNet Sales 5,800 / Operating profit 1,200 / Operating profit margin 20.6 / Net income for the current fiscal year 730 → Net Sales 5,472 / Operating profit 867 / Operating profit margin 15.8 / Net income for the current fiscal year 578（Net Sales -5.7% / Operating profit -27.8% / Operating profit margin -23.3% / Net income for the current fiscal year -20.8%）
Key initiatives
01Expand the intercompany system market share of リアプロBB＋
02Expand the market share of 賃貸革命11, rental management software
03Support customer acquisition for brokerage businesses
04Promote AI-driven development and AI products
05Expansion into adjacent areas from existing businesses
06AI and Data Utilization
07Strengthen consumer-facing services and AI-powered vacancy reduction measures
08Maximize property owners' asset value
09Continue investing in new businesses that leverage data
Plan assumptionsThe real estate technology market is forecast to reach ¥2.378 trillion in fiscal 2030, Growing demand for IT investment driven by the entry of approximately 6,000 new businesses each year, Continued population aging and chronic labor shortages, The adoption and gradual expansion of generative AI and other AI technologies
Segment targetSegment Management Solutions / Indicator Period-end MRR / FY2026 ¥170.686 million / FY2027 ¥184 million, Segment Brokerage Solutions / Indicator Period-end MRR / FY2026 ¥198.553 million / FY2027 ¥228 million
Non-financial targetsIndicator name Churn rate / Target value 0.5％ / Timing FY2027 forecast
Size of the Target MarketMarket Size Fiscal 2030 forecast: ¥2.378 trillion / Growth rate Not disclosed / Source Yano Research Institute Ltd., Real Estate Tech Market: Current Conditions and Outlook 2024 (April 2024)
Risks identified by the company
Legal and regulatory requirements
Issues relating to defects, deficiencies and other problems in products and services
Securing human resources
Information Security
Items stated in the management plan
ItemDetails
Plan nameBusiness Plan and Growth Potential
Plan periodFY2027
Progress against the planAnnual update
Sales Target¥5,472 million → ¥6,000 million（+9.6%）
Operating profit target¥867 million → ¥600 million（-30.8%）
Operating profit margin target15.8 % → 10 %（-36.7%）
Net income target¥578 million → Not disclosed
Segment targetSegment Management Solutions / Indicator Period-end MRR / FY2026 ¥170.686 million / FY2027 ¥184 million, Segment Brokerage Solutions / Indicator Period-end MRR / FY2026 ¥198.553 million / FY2027 ¥228 million
Non-financial targetsIndicator name Churn rate / Target value 0.5％ / Timing FY2027 forecast
Plan assumptionsThe real estate technology market is forecast to reach ¥2.378 trillion in fiscal 2030, Growing demand for IT investment driven by the entry of approximately 6,000 new businesses each year, Continued population aging and chronic labor shortages, The adoption and gradual expansion of generative AI and other AI technologies
Key initiativesExpand the intercompany system market share of リアプロBB＋, Expand the market share of 賃貸革命11, rental management software, Support customer acquisition for brokerage businesses, Promote AI-driven development and AI products, Expansion into adjacent areas from existing businesses, AI and Data Utilization, Strengthen consumer-facing services and AI-powered vacancy reduction measures, Maximize property owners' asset value, Continue investing in new businesses that leverage data
Results under the previous planNet Sales 5,800 / Operating profit 1,200 / Operating profit margin 20.6 / Net income for the current fiscal year 730 → Net Sales 5,472 / Operating profit 867 / Operating profit margin 15.8 / Net income for the current fiscal year 578（Net Sales -5.7% / Operating profit -27.8% / Operating profit margin -23.3% / Net income for the current fiscal year -20.8%）
Size of the Target MarketMarket Size Fiscal 2030 forecast: ¥2.378 trillion / Growth rate Not disclosed / Source Yano Research Institute Ltd., Real Estate Tech Market: Current Conditions and Outlook 2024 (April 2024)
Risks identifiedLegal and regulatory requirements, Issues relating to defects, deficiencies and other problems in products and services, Securing human resources, Information Security
Publication date24 September 2026
Items this document does not state (10)
ROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorReason 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.

Operating profit is expected to decline due to amortization of the new service リアプロBB＋ and higher costs, but the company says it will continue investing for future growth.

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.
Business Plan and Growth Potential | Japan PropTech Co.,Ltd. (4054) timely disclosure | Komori