LANDNET（2991 TSE Standard）
＋English Summary on This Page
Mainly engaged in purchase and sale of real estate centering on one-room apartments over 20 years old
Conducts Purchase, Sale and Rental Management of Used One-Room Apartments
LANDNET is engaged in the real estate purchase and sales business, in which the company mainly conducts the purchase of for-investment used real estate and their sales to real estate companies, retail investors, etc., and the real estate rental management business, in which the company handles real estate rental management operations, rent in arrears guarantee operations, etc. In the real estate trading business, the company handles mainly used one-room apartments of which the majority are over 20 years old. The company’s feature is that it has established a one-stop structure in the used apartment trading business from purchase/purchase brokerage to renovation, sales/sales brokerage, property management and tenant management.
The group is comprised of LANDNET, two overseas subsidiaries, one in Hong Kong and the other in Taiwan that sell domestic real estate to overseas investors, and LANDINSURE that handles rent guarantee operations. The ratio between consolidated figures and non-consolidated figures for the fiscal year ended July 2020 was 1.0 times for both net sales and operating profit, and thus the contribution of subsidiaries is small.
The company is headquartered in Toshima Ward, Tokyo and has branch offices in Yokohama City and Osaka City. It provides its services centering on the Tokyo metropolitan area (Tokyo, Kanagawa, Chiba and Saitama prefectures) and Kansai area (Osaka, Kyoto and Hyogo prefectures).
In the fiscal year ended July 2020, the sales composition based on net sales from external customers was 98.5% from the real estate purchase and sales business and 1.5% from the real estate rental management business. When looking at the segment profit margin before allocation of adjustments for company-wide expenses and other segment profit, while figures for the real estate rental management business was at a high level at 16.8%, figures for the real estate trading business stood low at 6.6% with the large burden of acquisition costs for land and buildings.
Conducts Purchase, Sale and Rental Management of Used One-Room Apartments
LANDNET is engaged in the real estate purchase and sales business, in which the company mainly conducts the purchase of for-investment used real estate and their sales to real estate companies, retail investors, etc., and the real estate rental management business, in which the company handles real estate rental management operations, rent in arrears guarantee operations, etc. In the real estate trading business, the company handles mainly used one-room apartments of which the majority are over 20 years old. The company’s feature is that it has established a one-stop structure in the used apartment trading business from purchase/purchase brokerage to renovation, sales/sales brokerage, property management and tenant management.
The group is comprised of LANDNET, two overseas subsidiaries, one in Hong Kong and the other in Taiwan that sell domestic real estate to overseas investors, and LANDINSURE that handles rent guarantee operations. The ratio between consolidated figures and non-consolidated figures for the fiscal year ended July 2020 was 1.0 times for both net sales and operating profit, and thus the contribution of subsidiaries is small.
The company is headquartered in Toshima Ward, Tokyo and has branch offices in Yokohama City and Osaka City. It provides its services centering on the Tokyo metropolitan area (Tokyo, Kanagawa, Chiba and Saitama prefectures) and Kansai area (Osaka, Kyoto and Hyogo prefectures).
In the fiscal year ended July 2020, the sales composition based on net sales from external customers was 98.5% from the real estate purchase and sales business and 1.5% from the real estate rental management business. When looking at the segment profit margin before allocation of adjustments for company-wide expenses and other segment profit, while figures for the real estate rental management business was at a high level at 16.8%, figures for the real estate trading business stood low at 6.6% with the large burden of acquisition costs for land and buildings.
概要（レポートから抜粋）
ランドネット（以下、同社）は、投資用中古不動産の買取と不動産業者や個人投資家等への販売を主力とする不動産売買事業と、不動産の賃貸管理業務や家賃滞納保証業務等を担う不動産賃貸管理事業を展開している。
不動産売買事業においては、中古マンションを中心に取扱っているが、タイプ別ではワンルーム、築年数別では築年数20年超の築古が過半を占めている。
中古マンションの流通ビジネスにおいて、買取・仲介から、リフォーム、販売・仲介、物件管理、入居者管理に至るまで、ワンストップ体制を構築している点に特徴がある。
同社グループは、同社と連結子会社3社で構成されている。連結子会社は、国内不動産を海外投資家に販売する会社である香港の子会社と台湾の子会社、家賃保証業務を行うランドインシュアから成る。20/7期の連単倍率は、売上高、営業利益共に1.0倍であり、子会社の収益貢献は小さい。
同社は東京都豊島区に本社を置くほか、横浜市と大阪市に支店を開設している。取扱エリアは、首都圏（東京都、神奈川県、千葉県、埼玉県）、関西圏（大阪府、京都府、兵庫県）を中心としている。
創業者である榮章博代表取締役社長は、資産管理会社を通じた保有分を含め、21年5月末時点で同社の発行済株式の全てを保有していた。上場時では株式数の75.0%を保有している。
不動産売買事業においては、中古マンションを中心に取扱っているが、タイプ別ではワンルーム、築年数別では築年数20年超の築古が過半を占めている。
中古マンションの流通ビジネスにおいて、買取・仲介から、リフォーム、販売・仲介、物件管理、入居者管理に至るまで、ワンストップ体制を構築している点に特徴がある。
同社グループは、同社と連結子会社3社で構成されている。連結子会社は、国内不動産を海外投資家に販売する会社である香港の子会社と台湾の子会社、家賃保証業務を行うランドインシュアから成る。20/7期の連単倍率は、売上高、営業利益共に1.0倍であり、子会社の収益貢献は小さい。
同社は東京都豊島区に本社を置くほか、横浜市と大阪市に支店を開設している。取扱エリアは、首都圏（東京都、神奈川県、千葉県、埼玉県）、関西圏（大阪府、京都府、兵庫県）を中心としている。
創業者である榮章博代表取締役社長は、資産管理会社を通じた保有分を含め、21年5月末時点で同社の発行済株式の全てを保有していた。上場時では株式数の75.0%を保有している。
