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Entrust (7191) · InitiativeIncrease in the number of contracts held through switching from solutions to guarantees made explicit

Transition from Guarantee Services to Solution Services for 大和リビング Properties

First written in FY2017. 1 of 6 entries say "Advanced", first in FY2018. Latest entry: FY2025-H1.

6entries
8years
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ProgressHeldSoftenedWorseFirst statedFY2017OtherFY2019 – FY2025-H12017: 120172018: 120182019: 120192020: 120202021: 120212022: 020222023: 020232024: 12024
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  1. FY2025-H1Increase in the number of contracts held through switching from solutions to guarantees made explicitAnnual report

    「This was because the number of contracts held increased through switches from solutions services and an increase in new contracts for rent debt guarantees, resulting in growth in initial and renewal guarantee fees.」

    Separately from the previous transition from guarantee services to solutions services for properties managed by Daiwa Living and other properties, the Company explicitly identified switching from solutions services to rent debt guarantees as a factor behind the increase in the number of contracts held.
  2. FY2021Signs that the decline in the number of guarantee contracts held is bottoming outAnnual report

    「In the guarantee business, the number of contracts held for guarantee services covering properties managed by Daiwa Living Co., Ltd. has declined as customers have moved to solutions services, but signs of a bottom are emerging. In addition, the environment surrounding rent debt guarantees is considered to be one in which the use of guarantee companies has become established and the proportion of users employing guarantee companies is trending upward.」

    The Company indicated that the number of contracts held for guarantee services covering properties managed by Daiwa Living, which had declined as customers moved to solutions services, is showing signs of bottoming out.
  3. FY2020Slower transition pace and expected continuation made explicitAnnual report

    「Although the pace of the transition has slowed, it is expected to continue progressing sequentially when tenants move into rental properties.」

    The transition from guarantees to solutions for services covering properties managed by Daiwa Living is continuing, while the pace of the transition has slowed.
  4. FY2019RestatedAnnual report

    「This transition is expected to continue progressing sequentially when tenants move into rental properties.」

    The transition from guarantees to solutions for services covering properties managed by Daiwa Living is expected to continue progressing sequentially based on tenant move-in timing.
  5. FY2018AdvancedAnnual report

    「Following the introduction of a system eliminating the need for joint guarantors by Daiwa Living Co., Ltd., one of the Company's principal outsourcing partners, in FY2014, the Company's services for rental properties managed by Daiwa Living have changed from rent debt guarantee services to solutions services that provide a package of tenant screening, notification of unpaid amounts and receivables management support, among other services. This transition is expected to continue progressing sequentially when tenants move into rental properties.」

    The transition from guarantees to solutions for services covering properties managed by Daiwa Living continues and is expected to progress sequentially based on tenant move-in timing.
  6. FY2017First statedAnnual report

    「Following the introduction of a system eliminating the need for joint guarantors by Daiwa Living Co., Ltd., one of the Company's principal outsourcing partners, in FY2014, the Company's services for rental properties managed by Daiwa Living have changed from rent debt guarantee services to solutions services that provide a package of tenant screening, notification of unpaid amounts and receivables management support, among other services.」

    Following the introduction of a system by a major business partner, services for properties managed by that company have changed from rent debt guarantees to an integrated solutions offering that includes screening, notification and receivables management support.
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Entrust's next results are scheduled for 2026-10-29. Read the earnings preview
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