(4415) Stock Price

Broad Enterprise provides equipment and services that increase the added value of properties for real estate owners, management companies, and homebuilders. In particular, by utilizing a finance scheme called "BRO-ZERO" based on debt securitization, the company reduces the economic burden on owners by eliminating initial installation costs.

The company offers services that promote the utilization of vacant apartments, condominiums, single-family homes, buildings, and accommodation facilities. Through these services, it proposes new options for real estate management and contributes to regional revitalization and community development. Currently, the company operates a single segment business in internet services.

"B-CUBIC" is a service that installs internet connectivity throughout all units in a condominium at once. Residents can use the internet free of charge without individual applications or initial installation fees. The company also provides follow-up support, including distribution of connection guides and operation of a call center.

"BRO-LOCK" is an IoT interphone system with facial recognition that automates the entrance lock system of condominiums. Because it uses internet connectivity, no in-unit wiring work is required, reducing costs. The system leverages diverse authentication methods and cloud services to improve management efficiency.

"BRO-ROOM" is a vacancy solution service that uses the company's proprietary finance scheme "BRO-ZERO" to cover initial investment costs. Through renovation, it achieves appropriate rental rates and eliminates out-of-pocket expenses for owners through package plans with sublease companies.

"BRO-WALL" is a service that realizes building repair and maintenance work with zero initial installation costs. The company renovates aging buildings to enhance property value. Broad Enterprise acts as the primary contractor and outsources work such as exterior painting and rooftop waterproofing to subcontractors.

Broad Enterprise operates its business based on three core management principles: customer satisfaction, employee satisfaction, and social contribution. The company addresses social challenges by providing internet infrastructure, enhancing security in apartment buildings, and delivering added value through IoT solutions.

The company's growth strategy prioritizes improved profitability and financial stability. Specifically, it uses the number of buildings equipped with high-speed internet service "B-CUBIC" for apartments and IoT interphone system "BRO-LOCK" as key metrics, while targeting expansion in revenue and operating profit.

In response to changes in the housing market, Broad Enterprise leverages "BRO-ZERO," a zero-upfront-cost financing scheme, to enhance property appeal and improve occupancy rates and rental income. This approach maximizes cash flow for real estate owners.

To address the vacant housing problem, the company is expanding deployment of "B-CUBIC," "BRO-LOCK," "BRO-ROOM," and "BRO-WALL," while advancing AI system development. Additionally, the company is strengthening internal management systems and enhancing compliance and governance frameworks.