Efforts to digitize real estate transactions and platform services that form the foundation of the industry were highly evaluated
We have been selected as a “Digital Transformation Stock (hereinafter, “DX Stock 2022”)” jointly selected by the Ministry of Economy, Trade and Industry and the Tokyo Stock Exchange. "DX Brand" is a selection of companies that have built an internal mechanism to promote DX that leads to an improvement in corporate value and have demonstrated an excellent track record of digital utilization. This is the third year in a row that we have been selected as a “DX Brand” for fiscal 2020.
◆ Positioning of DX in GA technologies Co., Ltd.' management vision
Since our founding in 2013, we have realized real estate transactions using technology under the management philosophy of "Create a world-leading company." Even before the word "DX" was spoken, we had the will to change analog real estate transactions with technology, and not only in-house real estate DX, but also SaaS development and provision for other companies that contribute to the promotion of DX in the real estate industry as a whole. In addition, with the deregulation that accelerates the digital shift of real estate transactions (enforcement of the revised Building Lots and Buildings Transaction Business Act (*1) in May 2022), we have carried out promotional activities for “Internet real estate (*2)” that allows real estate transactions to be completed online. We believe that we can contribute to market revitalization in the real estate industry by widely disseminating the fact that conventional analog transactions and work styles are changing throughout the industry. We will continue to promote “PropTech (real estate x technology)” to realize transparent and open real estate transactions that maximize customer experience.
◆ Major DX-related initiatives of GA technologies Group and evaluation points for stock selection
RENOSY "Online real estate transactions"
The online real estate marketplace “RENOSY” is working to make real estate transactions online based on the concept of “making housing search and asset management easier.” Aiming to fuse technology into the real estate business and improve the real estate transaction experience both online and offline, we will digitize our internal operations and all of our customers' real estate transaction processes (knowing, searching, comparing, contracting, and managing). We provide technology-based services.
Only 1% (*3) of real estate transactions are online, which is still low compared to other industries. Conventionally, offline communication such as paper materials and face-to-face negotiations was common in real estate sales, but RENOSY Real estate investment Service digitizes sales materials, utilizes electronic contract systems, and improves operational efficiency using AI and big data. We have reduced the amount of paper used in transactions by an average of 452 sheets (*4) per contract. By making real estate transactions online, we are striving not only to realize a better experience for customers and workers, but also to create a sustainable social infrastructure that considers global environmental resources.
In this selection, we were highly evaluated for our ability to transform the experience of real estate transactions by going online and to build a development system such as a business support system that utilizes AI and big data in-house.
ITANDI "Utilization of real-time database"
Group company ITANDI, Inc. promotes real estate rental DX through the real estate rental business DX service group “ITANDI BB +”, real-time real estate brokerage site “ITANDI BB”, and online real estate rental service “OHEYAGO”. We provide business support services for real estate management companies and rental brokerage companies, and build a real-time property database for vacant room information and application information obtained through the use of these services. By promoting DX for real estate rental operations, we are transforming the way businesses work and the customer's room search experience.
In addition, through the use of “Moshikomiuketsuke-kun,” which digitizes rental applications, we have achieved a reduction of approximately 5 million sheets of paper (*5) annually.
In this selection, we were highly evaluated for building a new platform that could serve as an industry foundation and providing services that transform the customer experience beyond that by utilizing data through business support in the real estate industry. rice field.
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