Dual Tap

Basic Information

Stock Code
3469
Industry
Real Estate
Category Detail
Real Estate & Housing
Prefecture
Tokyo
Establishment Year
August 2006
Listing Year
July 2016
Official Website
https://www.dualtap.co.jp/
TSE Information
TSE Information
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Overview

Dual Tap is a growing real estate company established in 2006, headquartered in Chuo-ku, Tokyo, handling real estate planning, development, and rental management all in one.

Current Situation

Dual Tap recorded sales of 5.1 billion yen for the fiscal year ending June 2024, mainly developing investment one-room apartments 'XEBEC' series centered in central Tokyo. It leverages its integrated system from in-house planning to sales and management, with rental management units exceeding 1,000. It also has overseas subsidiaries in Malaysia and Singapore, expanding into overseas real estate sales and pursuing international growth. It also engages in building management and damage insurance agency business, establishing a multifaceted revenue base. While conscious of contributions to the environment and local communities, it listed on the Nagoya Stock Exchange Main Market in 2024 to secure further funding. It aims to strengthen competitiveness along with growth strategies in response to ongoing demand for central Tokyo real estate.

Trivia

Interesting Facts

  • XEBEC series known for central Tokyo specialized investment condominiums
  • Listed on Tokyo Stock Exchange JASDAQ Market in 2016
  • Has consolidated subsidiary in Malaysia and expanding overseas business
  • Multiple design awards including Good Design Award
  • Acquired Privacy Mark to strengthen information management
  • Rental management properties exceed 1,000 units
  • Actively participating in central Tokyo redevelopment
  • Launched proprietary repair service in building management business
  • Operates 'D-Change' information site for condominium management associations
  • Awarded as cooperative company for long-term employment of disabled persons

Hidden Connections

  • Combines damage insurance agency business with real estate management to achieve one-stop customer service
  • Serves as a bridge connecting Asian markets and domestic investors through overseas subsidiaries
  • D-style+ rental management stores recognized as regionally rooted rental brokerage services
  • Registered architectural design office enables in-house completion of advanced design support
  • Participating in IT explanation demonstration project to promote digitalization of real estate transactions
  • Strengthened ties with regional economy through listing on Nagoya Stock Exchange Main Market
  • Relocated headquarters to Takanawa, Nishi-Shinagawa, and Nihonbashi to aim for convenience and brand enhancement
  • "Dual Tap Denki" is a new service specialized for investment condominiums

Future Outlook

Growth Drivers

  • Stable real estate demand in central Tokyo
  • Increasing rental housing needs in aging society
  • Business efficiency through IT and digital technologies
  • Expansion of overseas real estate investment market
  • Interest in environmentally considerate living environments
  • Improved recognition of investment condominium brand
  • Flexible response to diversifying customer needs
  • One-stop provision of real estate-related services
  • Large-scale project development through strengthened fundraising
  • Advanced architectural technology and design capabilities

Strategic Goals

  • Achieve sales over ¥10 billion and maintain stable growth
  • Expand overseas business ratio to over 20%
  • Promote development of properties meeting sustainable architecture standards
  • Complete digital transformation
  • Revenue diversification through doubling rental management units

Business Segments

Real Estate Planning and Development Business

Overview
Strength in unique market analysis and design for real estate planning and development, providing high value-added products.
Competitiveness
Planning expertise and sales network specialized in central Tokyo investment properties
Customers
  • Individual investors
  • Real estate funds
  • Corporate investors
  • Housing distributors
  • Local governments
  • Architectural design firms
  • Financial institutions
Products
  • Investment condominium planning
  • Urban collective housing development
  • Land utilization proposals
  • Real estate consulting
  • Architectural design support

Rental Management Business

Overview
Provides efficient management services for rental properties, supporting revenue maximization for owners.
Competitiveness
Improved convenience for both owners and tenants through IT utilization
Customers
  • Individual owners
  • Corporate owners
  • Joint guaranty companies
  • Real estate management companies
  • Rental brokerage firms
Products
  • Rental recruitment management
  • Tenant management
  • Rent collection
  • Repair arrangements
  • Vacancy countermeasures

Building Management and Maintenance Services

Overview
Comprehensive management services specialized in building maintenance, ensuring safety and comfort.
Competitiveness
Cost-efficient service provision from owner's perspective
Customers
  • Condominium management associations
  • Building management companies
  • Real estate management companies
Products
  • Building patrol inspections
  • Repair plan proposals
  • Repair works
  • Equipment maintenance management
  • Cleaning management

Overseas Real Estate Sales Business

Overview
Sales and management of premium properties mainly in Southeast Asia, meeting overseas investment needs.
Competitiveness
Direct management system and reliability through local subsidiaries
Customers
  • Domestic real estate investors
  • Overseas relocation hopefuls
  • Corporate overseas expansion support
Products
  • Malaysia real estate sales
  • Singapore real estate brokerage
  • Local building management services

Damage Insurance Agency Business

Overview
Intermediates real estate-related insurance products and provides unique consulting services.
Competitiveness
One-stop insurance service linked with real estate sales
Customers
  • Individual homeowners
  • Rental property owners
  • Corporate managed properties
Products
  • Home fire insurance
  • Rental damage insurance
  • Life insurance consulting

Architectural Design and Consulting

Overview
Strengthens quality improvement and regulatory compliance through architectural design consulting.
Competitiveness
Possession of first-class architect office technical capabilities
Customers
  • Real estate developers
  • Construction companies
  • Owner companies
Products
  • Planning and design support
  • Performance evaluation support
  • Structural surveys and reports

Competitive Advantage

Strengths

  • Integrated in-house development to management system
  • Brand power specialized in central Tokyo
  • International expansion via overseas local subsidiaries
  • Diversified real estate-related businesses
  • Abundant rental management units
  • Reliability from licenses and industry association memberships
  • High-quality properties awarded design prizes
  • Management efficiency through IT utilization
  • Financial stability via capital strengthening
  • High customer satisfaction

Competitive Advantages

  • Planning and sales strength for central Tokyo specialized investment condominiums
  • Overseas real estate business system including local management
  • Improved customer closeness through integrated building management services
  • Strengthened information management via Privacy Mark acquisition
  • Deployment of diverse rental management services
  • Added value in design consulting through architect qualifications
  • Management services emphasizing safety and comfort
  • Listed company on Nagoya Stock Exchange Main Market
  • Specialized services promoting digital shift
  • Enhanced credibility through industry associations

Threats

  • Risks from real estate market economic fluctuations
  • Concerns over rising vacancy rates in rental market
  • Increased development costs due to rising land prices
  • Impacts from strengthened regulations or tax system changes
  • Political and economic instability in overseas markets
  • Impacts from natural disasters or pandemics
  • Price competition from new entries by competitors
  • Decline in investment sentiment due to monetary tightening

Innovations

2024: Listing on Nagoya Stock Exchange Main Market

Overview
Listed on Nagoya Stock Exchange Main Market to strengthen fundraising capabilities and corporate recognition.
Impact
Improved corporate credibility and increased fundraising from capital markets

2023: Good Design Award for 'Conforia Kitazawa'

Overview
Developed highly evaluated design-oriented urban collective housing.
Impact
Enhanced brand image and sales promotion

2022: Strengthened Overseas Local Subsidiaries

Overview
Established local subsidiaries in Malaysia and Singapore to fully launch overseas business.
Impact
Expansion into overseas markets and strengthened local management system

2021: Launch of 'Dual Tap Denki' Service

Overview
Started electricity service for real estate-related customers to enhance added value.
Impact
Improved customer loyalty and revenue diversification

2020: Registered as IT Explanation Experiment Operator

Overview
Participated in IT explanation experiments for real estate contracts to promote efficiency.
Impact
Business efficiency and improved customer convenience

Sustainability

  • Contributions to local community revitalization
  • Promotion of housing energy-saving standards
  • Advancement of environmentally considerate buildings
  • Promotion of long-life building design
  • Development of safe and secure living environments
  • Respect for employee diversity and work-life balance
  • Participation in disaster recovery support activities
  • Strengthened information security and privacy protection
  • Promotion of collaboration with local industries and SMEs
  • Thorough sustainable resource utilization