JPMC
Basic Information
- Stock Code
- 3276
- Industry
- Real Estate
- Category Detail
- Real Estate & Housing
- Prefecture
- Tokyo
- Establishment Year
- May 2004
- Listing Year
- October 2011
- Official Website
- https://www.jpmc.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- East Japan Estate, Daito Kentaku, KG Information, Career Design, Choei, Soliton, Ambition DX Holdings, J.S.B., Marion, Sere Corporation, Leopalace21, Mainichi Comnet
Overview
JPMC is a property management company headquartered in Tokyo, established in 2002, that leads the industry in bulk leasing and management of rental housing.
Current Situation
JPMC recorded consolidated net sales of approximately 57.3 billion yen and operating profit of approximately 2.5 billion yen for the fiscal year ending December 2023, maintaining stable growth. In its core sublease business, it offers diverse services such as revenue-sharing Super Sublease and vacancy leasing, building a robust partner network nationwide. It strengthens community-based services through multi-location expansion, achieving nationwide coverage by leveraging major branches in Sapporo, Kansai, Chubu, and Kyushu. It is also nurturing elderly rental housing and renovation businesses, focusing on sustainable housing supply and enhancing customer satisfaction. In recent years, it has accelerated diversification by expanding real estate-related finance and insurance businesses through subsidiaries. It is promoting efficiency improvements via digitalization and IT investments, maintaining competitiveness amid industry changes. Starting in 2024, it is aggressively launching new services including business expansion and asset integration through M&A, and the furniture and appliance rental service 'Subcla'. In the medium to long term, it sets strategic goals of securing stable revenue and strengthening its customer base, aiming for sustained growth backed by trust in the Prime Market.
Trivia
Interesting Facts
- Super Sublease is the oldest revenue-sharing system in the industry.
- Offers renovation services that won the Minister of Economy, Trade and Industry Award.
- Possesses a partner company network exceeding 1,400 companies.
- Early domestic launch of furniture and appliance rental service 'Subcla'.
- Changed trade name from Japan Management Center Co., Ltd. to JPMC Co., Ltd. in 2022.
- Promotes group expansion strategy utilizing major M&A.
- Promotes non-face-to-face response with credit card rent payments.
- Holds diverse subsidiaries and broadly deploys real estate-related businesses.
- Large-scale branches in Sapporo, Nagoya, Osaka, and Fukuoka.
- Early introduction of management efficiency via industry-specific IT systems.
- Furniture and appliance rental is popular among elderly housing tenants.
- Specialized services for vacancy countermeasures in the capital region's rental market.
- Centralized finance for real estate investors within the group.
- Publicly listed company with stable management base and customer segments.
- One of the few companies in the industry with an audit and supervisory committee.
Hidden Connections
- From the Japan Management Center era, leverages community-focused sales expansion and nationwide network to establish unique position among major real estate management firms.
- Deploys vertically integrated business model of finance, insurance, and real estate services through numerous subsidiaries.
- Furniture and appliance rental business meets needs of both rental housing owners and tenants, creating new revenue source.
- Elderly rental housing support business is a key axis of growth strategy responding to Japan's demographic changes.
- Maintains transparent and reliable corporate operations through Tokyo Stock Exchange Prime Market listing.
- Building materials joint purchasing network holds strong influence over construction-related partner companies.
- Actively acquiring related sectors via M&A to expand service breadth.
- Supported by diverse customer base, enabling flexible response to real estate market fluctuations.
Future Outlook
Growth Drivers
- Increasing demand for elderly housing specialized services responding to aging population
- Flexible sublease products adapting to diversifying rental housing market
- Group business scale expansion and diversification through M&A
- Business efficiency and customer convenience improvements via digitalization and IT promotion
- New revenue opportunities from growth in furniture and appliance rental market
- Steady progression of nationwide real estate investment demand
- Expansion of housing renovation demand responding to environmental and energy-saving measures
- Comprehensive service deployment through collaboration of finance and insurance businesses
- Customer base strengthening through community-based business model
- Improved fundraising capabilities backed by Tokyo Stock Exchange Prime Market listing credibility
- Further expansion of partner company network
- Development of vacancy resolution business models in depopulating areas
Strategic Goals
- Strengthen branch network in major cities nationwide and standardize services
- Optimize revenue-sharing model in sublease business
- Achieve top industry share in elderly housing sector
- Nationwide expansion and revenue growth in furniture and appliance rental business
- Provide one-stop real estate services through group collaboration
- Leadership in environmental impact reduction and energy-saving housing promotion
- Complete digital transformation and achieve business innovation
- Sustainable growth in related businesses through M&A strategy
- Achieve industry-leading customer satisfaction ratings
- Strengthen coexistence with regions through social contribution activities
Business Segments
Rental Housing Management Agency
- Overview
- Business providing stable income and management services on behalf of rental housing owners.
- Competitiveness
- Pioneer in revenue-sharing sublease
- Customers
-
- Rental Housing Owners
- Landlords
- Investors
- Real Estate Management Companies
- Products
-
- Bulk Lease Sublease
- Management Operations Agency
- Renovation Package
Real Estate Investment Support
- Overview
- Provides buying/selling and fundraising support to income property investors.
- Competitiveness
- Loan-integrated service offerings
- Customers
-
- Individual Investors
- Real Estate Brokers
- Financial Institutions
- Products
-
- Income Property Brokerage
- Loan-Integrated Buying/Selling Support
- Finance Support
Building Materials Joint Purchasing
- Overview
- Provides real estate-related building materials via a large-scale network.
- Competitiveness
- Network of over 1,400 partner companies
- Customers
-
- Partner Builders
- Renovation Contractors
- Real Estate Owners
- Products
-
- Building Materials Sales
- Joint Purchasing Support
- Cost Reduction Program
Housing Management Services
- Overview
- Provision of property management and tenant services.
- Competitiveness
- Comprehensive payment infrastructure
- Customers
-
- Rental Management Companies
- Property Owners
- Products
-
- Property Management
- Credit Card Payment Introduction
- Tenant Services
Insurance Services
- Overview
- Provision of short-term insurance for real estate.
- Competitiveness
- Group synergies
- Customers
-
- Rental Housing Owners
- Tenants
- Products
-
- Short-term Insurance
- Comprehensive Support Plan
Furniture and Appliance Rental Business
- Overview
- Expansion of furniture and appliance rental business for the rental market.
- Competitiveness
- Services specialized for rental tenants
- Customers
-
- Rental Housing Tenants
- Corporate Clients
- Products
-
- Furniture Rental
- Appliance Rental
- Subcla Service
Real Estate M&A
- Overview
- Promotes business expansion through acquisitions and integration of related companies.
- Competitiveness
- Extensive acquisition experience
- Customers
-
- Small and Medium Real Estate Companies
- Related Businesses
- Products
-
- Company Acquisitions
- Asset Integration
- Group Restructuring Support
Training and Education Services
- Overview
- Provides specialized education and training to partners.
- Competitiveness
- Industry knowledge and practical expertise
- Customers
-
- Real Estate Partner Companies
- Employee Training
- Products
-
- JPMC Academy Training
- Skill-Up Programs
IT and Management System Provision
- Overview
- Develops and provides IT tools for property management and business operations.
- Competitiveness
- Systems specialized for business operations
- Customers
-
- Partner Companies
- Management Departments
- Products
-
- Management Software
- Business Efficiency Tools
Advertising and Marketing Support
- Overview
- Rental property customer attraction and sales promotion support services.
- Competitiveness
- Utilization of industry know-how
- Customers
-
- Real Estate Owners
- Partner Businesses
- Products
-
- Advertising Planning
- Property Promotion
Finance Services
- Overview
- Investment funding support services through related subsidiaries.
- Competitiveness
- Rapid response through group collaboration
- Customers
-
- Rental Housing Owners
- Real Estate Investors
- Products
-
- Investment Loans
- Fundraising Support
Risk Management
- Overview
- Provides risk management support for real estate operations.
- Competitiveness
- Extensive insurance knowledge and experience
- Customers
-
- Major Investors
- Management Companies
- Products
-
- Risk Assessment
- Insurance Consulting
Competitive Advantage
Strengths
- Nationwide branch and sales office network
- Extensive partner company network
- Industry pioneer in revenue-sharing sublease
- Stable revenue base from diversified service offerings
- High customer satisfaction and repeat rate
- Diverse business collaborations within the group
- Advanced renovation technology and award history
- Business efficiency through digitalization promotion
- Specialized services for elderly housing
- Business expansion through extensive M&A track record
Competitive Advantages
- Proprietary know-how in revenue-sharing sublease
- Scale advantages from nationwide network of over 1,400 partners
- Provision of loan-integrated real estate investment services
- Broad business deployment utilizing diverse subsidiaries
- Total support capabilities for elderly housing construction and operations
- Cost competitiveness through joint material purchasing
- Differentiation via furniture and appliance rental services
- Thorough customer service from regionally focused branches
- Rapid fundraising support through strong finance structure
- Business efficiency achieved via industry-specific IT systems
Threats
- Risk of increasing vacancies in rental housing market
- Deterioration of revenue from falling housing prices and rents
- Increasing entry of competitors into subleasing
- Declining demand due to population decline and aging
- Rising business operation costs from stricter regulations
- Decline in investment appetite due to economic fluctuations
- Risk of property damage from natural disasters
- Increasing real estate investment costs from rising interest rates
- Potential increase in accidents and damages in insurance business
- Decline in competitiveness from delayed digitalization
Innovations
2022: Furniture and Appliance Rental 'Subcla' Launched
- Overview
- Launched furniture and appliance rental service for rental tenants.
- Impact
- Contributes to improved customer satisfaction and revenue diversification
2022: Subsidiary Strengthening via M&A
- Overview
- Made companies such as Shin'ei Co., Ltd. and Leex Property fully owned subsidiaries.
- Impact
- Achieved business area expansion and asset scale growth
2021: JPMC Works & Supply Established
- Overview
- Established subsidiary to strengthen material sales and construction support.
- Impact
- Succeeded in material cost reductions and business collaboration promotion
2020: Credit Card Payments Introduced
- Overview
- Standardized credit card payments for rent in managed properties.
- Impact
- Achieved efficiency in payment management and improved convenience
2023: IT System Renewal and Business Efficiency
- Overview
- Updated property and customer management software to promote business optimization.
- Impact
- Succeeded in reducing work hours and errors
2024: Building Materials Joint Purchasing Network Expansion
- Overview
- Expanded material sales volume to partner builders, strengthening joint purchasing effects.
- Impact
- Contributes to cost reductions and enhanced competitiveness
2023: Comprehensive Support for Elderly Housing Strengthened
- Overview
- Enhanced 'Furusapo' services and established operation support systems.
- Impact
- Succeeded in expanding share in the elderly housing market
2024: Digital Transformation Promotion
- Overview
- Implemented productivity improvements through digitalization of customer service and sales activities.
- Impact
- Improved sales closing rates and customer satisfaction
Sustainability
- Promotion of energy-saving housing equipment and reduction of environmental impact
- Promotion of barrier-free designs friendly to the elderly
- Promotion of waste material recycling in renovation business
- Disaster prevention support through collaboration with local communities
- Group-wide CO2 emissions reduction plan formulation