Value Creation (9238) · RiskWorsened
Increase in Upfront Customer Acquisition Investment Costs in Real Estate DX
First written in FY2024-Q3. 3 of 5 entries say "Worsened", first in FY2024. Latest entry: 2026-10-15.
5entries
3years
3from disclosures
How it moved
Same theme, other companies
Upfront Losses from Growth InvestmentA theme 20 companies write about · 22 as a headwind · 0 as a tailwind
Value Creation 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 2023: 6 of 12 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
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 20 companies compared. The sentences above are computed from all 20.Full recordFilings, disclosures and news, newest first
- FY2024WorsenedAnnual report
「Since launching the service in July 2020 as a new business, the Real Estate DX business has made upfront investments and hired personnel to expand the business, resulting in segment losses for 3 consecutive fiscal years.」
In addition to higher upfront investment costs, segment losses for 3 consecutive fiscal years are disclosed. However, the segment loss for the current fiscal year was ¥23,316 thousand, down from ¥34,824 thousand in the previous fiscal year. - FY2024-Q3First statedAnnual report
「Meanwhile, upfront investment costs for customer acquisition have increased. As a result, revenue was ¥84,719 thousand and the segment loss was ¥13,065 thousand.」
The increase in upfront customer acquisition investment costs is reported together with the Real Estate DX segment loss for the nine-month period.