Worth reading
38Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+31.6%
基準 8,191Target10,781million
Operating profit+34.3%
基準 1,311Target1,761million
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. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
Operating profit margin16.0% → Not disclosed
Only the target level is shown because the current level for comparison was not provided.Investment amount by sectorField Upfront investment, including opening branches and hiring personnel / Amount Not disclosed, Field AI investment and related spending / Amount Not disclosed
Key initiatives
01Raising existing key performance indicators, centered on strengthening marketing, and expanding existing businesses
02Reducing the ratio of selling, general and administrative expenses by improving operational efficiency in existing areas through the use of AI
03Developing new sales channels and sources of revenue by launching new businesses
Plan assumptionsItem Unused vacant homes / Assumptions Forecast to reach 4.7 million homes by 2030 / Source Survey on Vacant Home Measures by Local Governments within the Jurisdiction of the Kanto Regional Development Bureau (FY2023), Housing and Land Survey of Japan (2023), Item Potential customers in the rental market / Assumptions 5.04 million households / Source Statistics Bureau of Japan, “Housing and Land Survey of Japan (2023): Basic Tabulation on Dwellings and Households”; Ministry of Land, Infrastructure, Transport and Tourism, “Results of the 2018 Comprehensive Survey of Living Conditions”
Non-financial targetsIndicator name Opening locations in all 47 prefectures / Target value Opening locations in all 47 prefectures / Timing Not disclosed, Indicator name Number of branches / Target value Opening 10 branches / Timing December 2026
Size of the Target MarketIndicator Vacant homes in Japan / Figures More than 9 million homes / As of 2023 / Source Statistics Bureau of Japan, “Housing and Land Survey of Japan (2023)”, Indicator Unused vacant homes / Figures Approximately 3.85 million homes / As of 2023 / Source Results of the Preliminary Tabulation of the Approximate Number of Dwellings from the Housing and Land Survey of Japan (2023), Indicator Unused vacant homes / Figures 4.7 million homes / As of 2030 estimate / Source Prepared based on the Survey on Vacant Home Measures by Local Governments within the Jurisdiction of the Kanto Regional Development Bureau (FY2023), Indicator Potential customers in the rental market / Figures 5.04 million households / As of Not disclosed / Source Statistics Bureau of Japan, “Housing and Land Survey of Japan (2023): Basic Tabulation on Dwellings and Households”; Ministry of Land, Infrastructure, Transport and Tourism, “Results of the 2018 Comprehensive Survey of Living Conditions”
Risks identified by the company
Risk of burglary and fire
Financial risks, including taxes and management fees
Risk of being held liable as the owner
| Item | Details |
|---|---|
| Plan name | Business Plan and Growth Potential |
| Plan period | Fiscal year ending December 2026 (forecast) |
| Progress against the plan | Annual update |
| Sales Target | ¥8,191 million → ¥10,781 million |
| Operating profit target | ¥1,311 million → ¥1,761 million |
| Operating profit margin target | 16.0% → Not disclosed |
| Investment amount by sector | Field Upfront investment, including opening branches and hiring personnel / Amount Not disclosed, Field AI investment and related spending / Amount Not disclosed |
| Non-financial targets | Indicator name Opening locations in all 47 prefectures / Target value Opening locations in all 47 prefectures / Timing Not disclosed, Indicator name Number of branches / Target value Opening 10 branches / Timing December 2026 |
| Plan assumptions | Item Unused vacant homes / Assumptions Forecast to reach 4.7 million homes by 2030 / Source Survey on Vacant Home Measures by Local Governments within the Jurisdiction of the Kanto Regional Development Bureau (FY2023), Housing and Land Survey of Japan (2023), Item Potential customers in the rental market / Assumptions 5.04 million households / Source Statistics Bureau of Japan, “Housing and Land Survey of Japan (2023): Basic Tabulation on Dwellings and Households”; Ministry of Land, Infrastructure, Transport and Tourism, “Results of the 2018 Comprehensive Survey of Living Conditions” |
| Key initiatives | Raising existing key performance indicators, centered on strengthening marketing, and expanding existing businesses, Reducing the ratio of selling, general and administrative expenses by improving operational efficiency in existing areas through the use of AI, Developing new sales channels and sources of revenue by launching new businesses |
| Size of the Target Market | Indicator Vacant homes in Japan / Figures More than 9 million homes / As of 2023 / Source Statistics Bureau of Japan, “Housing and Land Survey of Japan (2023)”, Indicator Unused vacant homes / Figures Approximately 3.85 million homes / As of 2023 / Source Results of the Preliminary Tabulation of the Approximate Number of Dwellings from the Housing and Land Survey of Japan (2023), Indicator Unused vacant homes / Figures 4.7 million homes / As of 2030 estimate / Source Prepared based on the Survey on Vacant Home Measures by Local Governments within the Jurisdiction of the Kanto Regional Development Bureau (FY2023), Indicator Potential customers in the rental market / Figures 5.04 million households / As of Not disclosed / Source Statistics Bureau of Japan, “Housing and Land Survey of Japan (2023): Basic Tabulation on Dwellings and Households”; Ministry of Land, Infrastructure, Transport and Tourism, “Results of the 2018 Comprehensive Survey of Living Conditions” |
| Risks identified | Risk of burglary and fire, Financial risks, including taxes and management fees, Risk of being held liable as the owner |
| Publication date | 27 March 2026 |
Items this document does not state (12)
Net income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planSegment targetResults under the previous planReason 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.The company has identified the following as growth strategies: “raising existing key performance indicators, centered on strengthening marketing, and expanding existing businesses”; “reducing the ratio of selling, general and administrative expenses by improving operational efficiency in existing areas through the use of AI”; and “developing new sales channels and sources of revenue by launching new businesses.”
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.