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Good Living --- Monthly Overview for November 2024 (Preliminary)
On the 23rd, Good Life <3796> announced the monthly overview (preliminary) for November 2024. The revenue for November was 0.251 billion yen (a 2.6% increase compared to the same month last year). Of this, subscriptions accounted for 0.212 billion yen, and solutions accounted for 0.038 billion yen. The cumulative revenue for the fiscal year ending in March 2025 (from April to November 2024) was approximately 1.953 billion yen (about a 7.2% increase compared to the same period last year).
Good Living---In partnership with Kowa Assist, collaboration begins on guarantee applications for "Good Living Square."
Good Life <3796> announced on the 11th that it has partnered with Kowa Assist to start collaboration regarding guarantee applications through the web entry application system "Good Life Square" provided by the company. "Good Life Square" is a distribution site for rental businesses specialized in the operations of property management companies and rental brokerage companies. It promotes the digital transformation of move-in procedures, contributes to work style reform, business efficiency, and the creation of new revenue opportunities. Through this collaboration, property management companies and Kowa Assist.
Good Living Research Memo (9): Emphasizing four materialities, contributing to the resolution of various social issues through business.
■Approaches to SDGs and esg Taking on SDGs, Ii Seikatsu <3796> is making four major efforts to contribute to the Sustainable Development Goals. Firstly, aiming to cultivate highly skilled personnel in the IT field and support new work styles, while providing career opportunities to people with diverse backgrounds, striving to nurture 'change-making talent'. Secondly, in the 'development of socially valuable services', creating valuable services
Living a Good Life Research Memo (8): Aiming for 5,000 corporate customers, average monthly customer unit price of 0.1 million yen, with an annual revenue target of 6 billion yen.
■In the medium- to long-term growth strategy of Ii Seikatsu<3796> 1. Overview of the medium- to long-term growth strategy The company aims to have 5,000 corporate customers and an average customer unit price of 0.1 million yen (monthly) as its medium-term goal. In terms of revenue, this would amount to approximately 6 billion yen annually. To achieve this, the company plans to accelerate and promote its existing business strategies. The growth strategy focuses on expanding the customer base, strengthening profitability, and laying the groundwork for the future, with a focus on evolving services and enhancing the support system for customer introduction and support.
Good Life Research Memo (7): In order to support sustainable growth, continued investment in human capital is necessary.
■ The future performance outlook of Ii Seikatsu <3796> 1. Performance outlook for the fiscal year ending March 2025 The performance outlook for the fiscal year ending March 2025 is a revenue increase of 11.1% year-on-year to 3,119 million yen, an operating profit decrease of 43.2% to 100 million yen, a recurring profit decrease of 52.4% to 99 million yen, and a net income attributable to shareholders of the parent company, a decrease of 54.1% to 67 million yen, which has been left unchanged from the initial forecast. The company aims to close large projects that are in progress from the fiscal year ending March 2024 and acquire new customers while retaining existing ones.
Good Life Research Memo (5): In the second quarter of the fiscal year ending in March 2025, there was an increase in revenue but a decrease in profit. Human investment and system investment were implemented (1)
■Performance trends of Good Life <3796> 1. Performance Overview of the second quarter of the fiscal year ending March 2025 The performance of the second quarter of the fiscal year ending March 2025 showed a revenue increase of 8.2% year-on-year to 1447 million yen, EBITDA decreased by 16.1% to 232 million yen, operating loss was 27 million yen (compared to a profit of 41 million yen in the same period last year), ordinary loss was 30 million yen (compared to a profit of 72 million yen in the same period last year), and the interim net loss attributable to the parent company shareholders was 25 million yen (compared to a profit of 45 million yen in the same period last year).