The Japan Living Service Co., LTD. (E03948) Stock Price

Market cap
P/E ratio
Nisshi Service operates 21 stores in Japan's Kansai region, providing comprehensive real estate services including buying, selling, renting, construction, and property management for local communities.

Price and Volume

Market Cap

Subscribe to premium to access
Market Cap.

Check pricing

PER

Subscribe to premium to access
PER.

Check pricing

PBR

Business Overview

Nisshi Service and its consolidated subsidiary Rocket Co., Ltd. operate 21 stores primarily in the Kansai region, particularly in the Keihan-Shin area. The company provides a comprehensive range of real estate-related services based on a community-focused business approach. The group's business segments are as follows:

1. **Real Estate Sales**: This includes purchasing properties from customers seeking early sale, renovating and reselling properties, and constructing and selling residential units on purchased land. Rocket Co., Ltd. also engages in real estate purchase and resale operations.

2. **Real Estate Rental Income**: Nisshi Service provides rental services for company-owned apartments, tenant buildings, and parking lots, as well as subleasing of properties leased from business owners.

3. **Construction Revenue**: The company performs renovations and expansions of existing homes, exterior painting, roof waterproofing, construction of 2×4 and traditional Japanese-style homes, and development of built-for-sale residential properties.

4. **Real Estate Management Income**: The company provides rent collection and building management services for multi-unit rental apartments, parking lots, condominium units, and single-family homes, along with 24/7 emergency response services.

5. **Fee Income**: The company conducts brokerage services for residential properties and land sales to retail customers, brokerage of large properties such as investment real estate and commercial land, rental brokerage for residential and commercial properties, consulting on effective real estate utilization, sales agency services for new condominium and single-family home developments, and insurance agency services including fire insurance for home purchases and comprehensive insurance for rental property tenants.

Through these operations, the Nisshi Service Group provides a comprehensive range of real estate services including purchasing, selling, renting, managing, renovating, constructing, and insurance agency services.

Management Policy

Nichiju Service's core management philosophy is to contribute to customer satisfaction and the realization of better living through real estate services. Based on legal compliance and community-focused operations, the company prioritizes customer-first principles and provides comprehensive consulting services to address all real estate needs. Specifically, the company focuses on providing fresh and transparent property information, ensuring safe and secure real estate transactions, delivering rapid responses through IT utilization, offering one-stop real estate services, and developing its workforce.

As a management strategy, Nichiju Service is strengthening its market position in the Keihanshin region and advancing related business operations. Key initiatives include expanding sales and rental brokerage services, enhancing asset value of used homes, increasing real estate rental income, strengthening reform and renovation businesses, focusing on new construction contracting, growing real estate sales, adapting to digitalization, reinforcing rental management operations, expanding adjacent businesses, and developing talent.

Through these strategies, Nichiju Service aims to become a comprehensive real estate distribution company that "grows together with communities." The company also fulfills social responsibility and views environmental initiatives as business opportunities while pursuing sustainable growth. To ensure stable revenue and enhance corporate value, the company prioritizes digital transformation initiatives, aggressive expansion of reform businesses, diversification of rental management operations, talent development, and stabilization of its financial foundation.

AI Chat