Komori
Mercury (5025) · TargetAdvanced

Revenue growth in the new-build and pre-owned condominium segment

First written in FY2022. 11 of 17 entries say "Advanced", first in FY2025-Q1. Latest entry: 2026-10-15.

17entries
5years
9from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2022 – FY2023AdvancedFY2025-Q1 – 2026-04-142022: 120222023: 120232024: 220242025: 220252026: 112026
Same theme, other companies
Rental Business Expansion Through Corporate Sales, Property Acquisition and Occupancy Rate ImprovementsA theme 9 companies write about · 0 as a headwind · 9 as a tailwind

The whole theme swung hardest in 2020: 1 of 7 companies on the "Worse" side.

2 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-15AdvancedEarnings presentation

    「新築マンション領域は、SaaSプロダクトのMRRが大きく伸びたことによりYoY+14%と堅調推移。中古マンション領域はほぼ横ばいで推移」

    新築マンション領域及びデジタルマーケティング事業は増収となった一方、中古マンション領域は横ばいと説明している。
  2. FY2027-H1AdvancedAnnual report

    「Against this backdrop, we are actively pursuing the expansion of our real estate information services. In our core platform business, which offers a SaaS-based Apartment Summary service for new condominium developers, MRR grew steadily, helped in part by the transition to the new pricing structure implemented in April 2026. Contracts continued to expand in the second quarter, and MRR remains at a high level. In the digital marketing area, which supports customer acquisition for condominium sales, sales of advertising through Web advertising operations and collaboration with real estate media companies expanded steadily and performed well, growing further from the first quarter.」

    In addition to the expansion of platform-business MRR and contracts following the transition to the new pricing structure, advertising sales through Web advertising operations and collaboration with real estate media companies in the digital marketing area also expanded.
  3. FY2026RaisedAnnual report

    「In addition to the two segments above, the Company expanded into the rental segment for rental management companies and brokerage companies, and launched the new service “Rent Assessment DX” in March 2026.」

    The Company explicitly added the rental segment to the newly built and existing condominium segments as a growth area, expanding its service scope.
  4. FY2026-H1AdvancedAnnual report

    「For services for real estate brokerage companies, revenue from the core data-download service remained steady. In the digital marketing business, a priority area, transaction volume for listing and CGM advertising grew steadily, providing important support for the Company’s overall performance.」

    Revenue from the data-download service associated with the existing condominium segment remained steady, while transaction volume for listing and CGM advertising grew in the digital marketing business.
  5. FY2025AdvancedAnnual report

    「In the platform business, large one-off revenue in the existing condominium segment drove revenue, which grew substantially by 31.8% year on year. In the digital marketing business, revenue increased 16.0% year on year, supported by steady growth in listing-advertising transaction volume from existing customers and CGM advertising, where the Company has been strengthening its efforts.」

    Revenue grew in both the platform business, covering the newly built and existing segments, and the digital marketing business, indicating progress in expanding earnings across both areas.
  6. FY2025-H1AdvancedAnnual report

    「CGM advertising, launched in the previous fiscal year, has grown steadily in transaction volume as customer awareness of the service has increased.」

    Transaction volume for CGM advertising launched in the previous fiscal year is growing steadily as customer awareness increases.
  7. FY2025-Q1AdvancedAnnual report

    「In the newly built condominium segment, the Company is offering existing customers advertising placements on a CGM site, a new service launched in the previous fiscal year. Advertising placements have grown steadily as a result of this cross-selling, and the Company expects this trend to continue. It will continue account-based sales to analyze customer needs and promote higher revenue per customer through additional licenses for existing services. In the existing condominium segment, awareness of the floor-plan creation service launched in the previous fiscal year has increased, and trial orders are accumulating.」

    In the newly built segment, cross-selling CGM site advertising increased advertising placements. In the existing segment, awareness of the floor-plan creation service and trial orders increased.
  8. FY2023RestatedAnnual report

    「In light of this environment, the Company aims to increase revenue and operating income in both its services for newly built condominium developers (the newly built condominium segment) and its services for real estate brokerage companies (the existing condominium segment) within its platform business.」

    The Company continues to target higher revenue and operating income in both the newly built and existing condominium segments.
  9. FY2022First statedAnnual report

    「In light of this environment, the Company aims to increase revenue and operating income in both its services for newly built condominium developers (the newly built condominium segment) and its services for real estate brokerage companies (the existing condominium segment) within its platform business.」

    Both the newly built and existing condominium segments are positioned as growth areas.
Moved together

"Strengthening a Stable Earnings Base" moved the same way as this thread, in the same document, in 10 of its 16 moves.

1088643★123456
  1. ★This thread
  2. 1Strengthening a Stable Earnings Base10×
  3. 2Growth in ARR and Average Revenue per Customer8×
  4. 3Advertising operations leveraging real estate data and expertise8×
  5. 4Profit boosted by lower depreciation expense6×
  6. 5Adding Content and Developing an Operational-Efficiency Platform4×
  7. 6Treasury Share Acquisitions and Holdings3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Mercury yet. It last moved in the Earnings presentation of 2026-10-15: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Revenue growth in the new-build and pre-owned condominium segment | MERCURY Inc. (5025) | Komori