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Century21 Real Estate Of Japan (8898) · InitiativeAdvanced

Rebuilding the Core Business System

First written in FY2019. 7 of 11 entries say "Advanced", first in FY2021. Latest entry: FY2026.

11entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019AdvancedFY2021 – FY2023-Q1RestatedFY2023-Q2 – FY2023AdvancedFY2025 – FY20262019: 120192020: 020202021: 120212022: 420222023: 220232024: 020242025: 220252026: 12026
Same theme, other companies
Investment in Upgrading Core Business SystemsA theme 159 companies write about · 5 as a headwind · 154 as a tailwind

81 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.
Showing 14 of the 159 companies compared. The sentences above are computed from all 159.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「As a sales-enhancement measure, we strengthened the automatic contract-generation function of our AI contract-document system.」

    The company strengthened its AI-powered automatic contract-generation function as part of its data-utilization initiatives for its core business and sales-support systems.
  2. FY2026-H1AdvancedAnnual report

    「The increase in IT service revenue resulted from the start of recognizing system usage fees following the transfer of IT system assets from the Century 21 Franchise Advertising Fund Association.」

    Following the transfer of IT system assets from the Advertising Fund Association, the company began recognizing system usage fees. The disclosure describes specific changes in the operation of its core business systems and IT services.
  3. FY2025AdvancedAnnual report

    「The company introduced a system that uses AI to process document data accumulated across the franchise network and automatically generate contract documents.」

    In addition to operating the new core business system and other systems, the company introduced automatic generation of contract documents through AI processing of accumulated documents, advancing data utilization and operational efficiency.
  4. FY2023RestatedAnnual report

    「Selling, general and administrative expenses totaled ¥1,975 million, up 3.4% year on year, mainly because depreciation and maintenance costs for the new core business system, which began operating in October 2021, increased.」

    The new core business system, which began operating in October 2021, has continued in operation, with depreciation and maintenance costs contributing to the increase in selling, general and administrative expenses.
  5. FY2023-Q3RestatedAnnual report

    「Selling, general and administrative expenses totaled ¥1,398 million, up 2.6% year on year, mainly because depreciation and maintenance costs for the new core business system, which began operating in October 2021, increased.」

    The company reconfirmed that depreciation and maintenance costs related to the new core business system, which began operating in October 2021, are factors behind the increase in selling, general and administrative expenses.
  6. FY2023-Q2RestatedAnnual report

    「Selling, general and administrative expenses totaled ¥945 million, up 9.9% year on year, mainly because depreciation and maintenance costs for the new core business system, which began operating in October last year, increased.」

    The company reconfirmed that depreciation and maintenance costs for the new core business system, which has operated since October last year, are factors behind the increase in selling, general and administrative expenses.
  7. FY2023-Q1AdvancedAnnual report

    「Selling, general and administrative expenses totaled ¥482 million, up 7.0% year on year, mainly because depreciation and maintenance costs for the new core business system, which began operating in October last year, increased.」

    The new core business system began operating in October last year, and higher depreciation and maintenance costs were reflected in quarterly selling, general and administrative expenses.
  8. FY2022AdvancedAnnual report

    「The company also began providing franchisees with its new core system, Connect21. The system migrated certain expense items that previously required bank transfers to automatic debit, improving administrative efficiency for franchisees. In addition, as part of efforts to strengthen information security at franchisees, the company provided introductions to a cloud storage service and employee training services using e-learning.」

    The company began offering Connect21, which had been developed as part of the rebuilding of its core business systems, reaching the stage of implementing specific measures for operational efficiency, information security, and employee training.
  9. FY2022-Q3AdvancedAnnual report

    「Meanwhile, we began offering affiliated stores the new core business system Connect21, which had been developed and updated to improve operational efficiency. By shifting certain expense items that previously required some bank transfers to automatic debits, the system has improved administrative efficiency at affiliated stores. We will strengthen system security and pursue data-driven marketing using an integrated database.」

    The company began offering affiliated stores Connect21, the new core business system rebuilt to improve operational efficiency, strengthen security, and utilize data.
  10. FY2021AdvancedAnnual report

    「iv) Rebuilding the core business systems to strengthen security, improve operational efficiency, and make effective use of data」

    The company continues to identify the rebuilding of its core business systems as an issue, while capital expenditures for the current period included development costs for the core systems as the principal intangible fixed assets.
  11. FY2019First statedAnnual report

    「iii) Rebuilding the core business systems to improve operational efficiency, strengthen security, and make effective use of data」

    The company has identified rebuilding its core business systems to improve operational efficiency, strengthen security, and utilize data as a new internal-structure initiative.
Moved together

"Expansion of Business Support Services for Franchisees" moved the same way as this thread, in the same document, in 6 of its 11 moves.

665444★123456
  1. ★This thread
  2. 1Expansion of Business Support Services for Franchisees6×
  3. 2Expansion of IT tools, including a system to support franchisee sales6×
  4. 3Store expansion into new and priority regions and support for branch expansion by existing stores5×
  5. 4Expanding the Scope of Activities through Inbound Business, Leasing and Management Support4×
  6. 5Strengthening Internal Functions and Staffing for Sustainable Growth4×
  7. 6Continuing annual investment of approximately ¥100 million in IT-related projects4×

★ 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
Century21 Real Estate Of Japan's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.