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Good Life - Implementing an internal chat function in "Good Life Square".
On the 8th, Ii Seikatsu <3796> announced that it had implemented the second communication tool, an internal chat function, on the "Ii Seikatsu Square" provided on the 3rd. "Ii Seikatsu Square" is a real-time, inter-company distribution site for rental agents, where they can exchange information from property management companies for intermediary and management tasks, including property viewings, rental applications, examinations, and accompanying transactions on the cloud. The first was the implementation of a "business chat with trading partners" function. This time, it is a real estate operator.
Starting the provision of 'Good Life Website Lite Plan'.
On the 4th, Ii Seikatsu <3796> announced the launch of the "Ii Seikatsu Website Lite Plan" to solve the issue of digital divide among real estate companies caused by regional and business scale factors from the perspective of its own website introduction. Unlike the current 3 plans of Ii Seikatsu's website (Standard, Advanced, Premium), the "Ii Seikatsu Website Lite Plan" provides data for the Ii Seikatsu Rental Cloud and Ii Seikatsu Sales Cloud.
Good Life Research Memo (9): With 4 materialities, we contribute to solving various social issues through our business.
Initiatives for SDGs and esg 1. Good Life <3796> is engaged in four major initiatives to contribute to SDGs (Sustainable Development Goals). First, it aims to develop "change-making talents" by nurturing professionals with advanced expertise in the IT field, supporting new work styles, and providing career opportunities to people with diverse backgrounds. Second, in the development of "socially valuable services," it offers new value-added services to exceed customer expectations and contribute to a sustainable society.
Good Life Research Memo (8): Aiming for 5,000 customers, an average customer unit price of over 100,000 yen, and annual revenue of over 6 billion yen.
■Medium- to long-term growth strategy 1. Overview of the medium- to long-term growth strategy IILife<3796>aims to increase its corporate customer base to 5,000, with an average customer unit price of over 100,000 yen per month, as a medium-term goal. This would result in annual revenue of over 6 billion yen. To achieve this, the company plans to accelerate its previous business strategy. The growth strategy includes expanding the customer base, strengthening profitability, and laying the groundwork for the future, with a focus on improving service evolution and customer support for service introduction.
Good Life Research Memo (7): Expect sales growth from accelerated customer saas shift and new product releases.
■Performance Outlook 1. The initial forecast for the 2025 fiscal year of Ii-seikatsu <3796> is revenue of JPY 3,119 million, up 11.1% from the previous year, operating profit of JPY 100 million, down 43.2% from the previous year, ordinary profit down 52.4% to JPY 99 million, and net income attributable to parent company shareholders down 54.1% to JPY 67 million. The performance forecast for the 2025 fiscal year is expected to show steady growth. Large-scale projects that started in the fiscal year ending March 2024.
Good Life Research Memo (5): In March 2024, revenue will increase but profits will decrease. Subscription sales will remain strong (1).
Performance Trend: 1. The performance overview of the fiscal year ending March 2024 for i-sekkei <3796> showed an increase in revenue by 4.1% to 2,808 million yen compared to the previous year, a decrease of 3.5% in EBITDA to 658 million yen, a decrease of 24.9% in operating profit to 176 million yen, a decrease of 11.6% in ordinary profit to 208 million yen, and a decrease of 7.6% in net income attributable to shareholders of the parent company to 146 million yen. Revenue in the fiscal year ending March 2024 showed steady growth, particularly for enterprise companies.
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