Risk of dependence on sales of “賃貸革命” (a rental-management solution)
First written in FY2020. 1 of 2 entries say "Reframed", first in FY2024. Latest entry: FY2024.
Japan PropTech moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2024: 13 of 48 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「Increasing the market share of this product remains an ongoing challenge in expanding the scale of the business. At the same time, the Company believes it is important to promote growth in the brokerage solutions area, where the market is larger than that for management solutions. It considers it important to grow both solutions while optimising the proportion of net sales generated by each.」
The explanation of the risk associated with dependence on 「賃貸革命」 has been expanded from increasing that product's market share to a policy of optimising the sales mix of both solutions through growth in brokerage solutions. - FY2020First statedAnnual report
「The Company's main product is 「賃貸革命」, an in-house-developed package providing property management support services. At present, this product and related offerings account for more than half of the Company's net sales for the fiscal year ended June 2020.」
The impact on results if sales growth for this product slows is identified as a risk.