Rebase

Basic Information

Stock Code
5138
Industry
Information and Communications
Category Detail
Internet Site Operations
Prefecture
Tokyo
Establishment Year
April 2014
Listing Year
December 2022
Official Website
https://www.rebase.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
LIFULL, ITmedia, Cookpad, Kakaku.com, M3, Ateam Holdings, enish, MarkLines, Akatsuki, Sharing Technology, Sansan, BASE, Porters, Bengo4.com, Kamakura Shinsho, Libero, Cocorport

Overview

Rebase is an internet site operator founded in 2014 and based in Tokyo. It provides Japan's largest-scale vacant space brokerage service and holds a unique partnership network as an industry leader.

Current Situation

Rebase operates a vacant space rental brokerage platform, enhancing convenience for both lenders and users. Its partners include karaoke shops and private booth operators, boasting one of the largest numbers of listed properties in Japan. Estimated sales for FY2023 are around 5 billion yen, with rapid growth. Proprietary IT technology improves matching efficiency and strengthens industry competitiveness. Competitors include major information and communications companies such as M3 and Kakaku.com, but Rebase pursues a differentiation strategy focused on vacant spaces. Looking ahead, it aims to expand partnerships further, enhance services through infrastructure improvements, and elevate user experience with AI technology. Socially, it contributes to space efficiency and sustainability, helping create sustainable urban spaces. It has set goals to double sales by 2025 and increase listed properties by 1.5 times by 2028, pursuing aggressive market expansion.

Trivia

Interesting Facts

  • Boasts top-class number of listings in the domestic vacant space brokerage sector
  • Rapid-growth company that achieved Tokyo Stock Exchange Mothers listing in about 8 years since founding
  • Successfully differentiated in the industry through unique partnerships with karaoke operators
  • Reservations via smartphone app account for over 60% of total
  • Headquartered in Tokyo with business focused on urban areas
  • Diversity of partner companies is a key competitive advantage
  • Active customer referrals via references among related companies
  • Sharp increase in usage due to remote work demand surge during COVID-19
  • Aggressively investing in convenience improvements using AI technology
  • Specialized in platform business model
  • No major business model changes since founding, steadfast in specialization
  • Successfully expanded recognition by utilizing multiple distribution channels
  • Promoting effective use of physical spaces through inter-company partnerships
  • Enhanced customer support system improving satisfaction rates
  • Joint projects with local municipalities for vacant space utilization

Hidden Connections

  • Special partnership with major domestic karaoke chains, integrating reservation systems
  • Joint promotions with multiple private booth operators
  • Mutual customer acquisition and ad placements with partner real estate companies
  • Participating in municipal urban revitalization projects by introducing vacant spaces
  • Advancing joint development of digital ads with major advertising agencies
  • Deepening collaboration by sharing system APIs for karaoke stores
  • Joint development of event space reservation system with local NPOs
  • Collaborating with IT companies on smart city initiatives for new service development

Future Outlook

Growth Drivers

  • Increasing diverse space demand due to remote work adoption
  • Rising needs for effective urban space utilization
  • Service sophistication through AI and IoT technologies
  • Network effects amplification from partner business expansion
  • Economic shifts emphasizing sustainability
  • Revenue growth accompanying digital ad market expansion
  • Promoting collaborations with municipalities and public institutions
  • Strengthening service rollout to diverse customer segments
  • Expansion potential from monitoring overseas similar services
  • Customer retention via platform function extensions
  • Increasing smartphone users and mobile reservation demand
  • Revenue maximization through improved pricing flexibility

Strategic Goals

  • Maintain and expand domestic top position in listings
  • Achieve annual sales exceeding 10 billion yen
  • 50% improvement in matching accuracy via AI and data analysis
  • Expansion of diverse payment methods and integration APIs
  • Promote space utilization contributing to Sustainable Development Goals (SDGs)
  • Expand entry into local markets through collaborations with local governments
  • Build business foundations beyond major domestic cities
  • Maintain user satisfaction above 90%
  • Multiply employee numbers and secure diverse talent
  • Conduct overseas market research and build foundations for future global expansion

Business Segments

Vacant Space Brokerage Platform

Overview
Provides an IT platform connecting vacant space owners and users, supporting management, payments, and customer acquisition.
Competitiveness
Maintains superiority with abundant listings and diverse partner networks
Customers
  • Karaoke store operators
  • Private booth operators
  • Event organizers
  • Retail store owners
  • Restaurant owners
  • Real estate owners
  • Shared office operators
  • Parking lot management companies
  • Kitchen space providers
  • Exhibition operators
  • Advertising agencies
  • Municipalities
Products
  • Space management system
  • Reservation and payment platform
  • Customer matching system
  • API integration service
  • Data analysis tools
  • Space evaluation reports
  • User safety management system
  • Marketing support services
  • Contract management tools
  • Ad delivery platform

Advertising and Marketing Support

Overview
Provides services to support planning and execution of advertising and promotions using listed spaces.
Competitiveness
Effective marketing leveraging vacant space usage data
Customers
  • Real estate companies
  • Retail companies
  • Service industry
  • Municipalities
  • Major advertising agencies
  • Event planning companies
  • Local shopping associations
  • Tourism associations
  • Restaurant chains
  • IT ventures
Products
  • Space utilization advertising service
  • Digital promotion support
  • Data analysis service
  • Event customer acquisition support
  • SNS-linked promotions
  • Targeted ad delivery
  • Real-time pricing adjustment function
  • Media proposal consulting

Solutions for Partner Businesses

Overview
Provides solutions to improve operational efficiency for partner businesses.
Competitiveness
Flexible customization and prompt support system
Customers
  • Karaoke chains
  • Private booth operators
  • Real estate management companies
  • Rental office operators
  • Municipalities and public facilities
Products
  • System integration API
  • User management tools
  • Reservation management for partner stores
  • Revenue sharing management
  • Customer support system

Competitive Advantage

Strengths

  • Largest number of vacant space listings in Japan
  • Support for diverse uses and extensive partnership network
  • Proprietary matching IT technology
  • Strong brand recognition
  • Urban deployment centered in Tokyo
  • Rapid customer response capability
  • Abundant customer database
  • Flexible pricing functions
  • Comprehensive safety management system
  • User-friendly reservation system
  • Active partnership building
  • Service improvements via data analysis
  • Online and offline sales channels
  • Scalable platform design
  • Development system responsive to market needs

Competitive Advantages

  • Possesses a differentiated platform specialized in vacant spaces
  • Strong partnerships with karaoke and private booth operators
  • Boasts the largest scale of listings in the domestic industry
  • High user satisfaction due to usability and payment convenience
  • Gradually introducing optimal matching functions using AI
  • Building foundations for nationwide expansion
  • Superior ad effectiveness measurement and proposal capabilities through data utilization
  • Faster service improvements compared to competitors
  • High platform scalability and customizability
  • Sense of security from collaborations with municipalities and public institutions
  • Maximizes customer convenience with diverse payment methods
  • Continuous improvements to secure and safe transaction environments
  • Trouble prevention via advanced reservation management system
  • Specialization in growing markets with significant future expansion potential
  • Consulting capabilities achieving differentiation within the industry

Threats

  • Intensifying platform competition from peers
  • Potential operational restrictions from regulatory changes
  • Market share battles with new entrants
  • Risk of personal information leaks from users
  • Decreased ad investments and usage demand due to economic downturn
  • Changes in space supply environment from urban redevelopment
  • Competitiveness decline from delays in new technology adoption
  • Challenges in ensuring service continuity during disasters
  • Intensifying price competition from space suppliers
  • Risk of partner business withdrawals
  • Brand damage from declining user ratings
  • Loss of trust from payment issues

Innovations

2024: Introduction of AI Matching Function

Overview
Utilizes machine learning technology to automatically recommend optimal vacant spaces to users.
Impact
Improved user satisfaction and 15% increase in contract conversion rate

2023: Addition of New Mobile App Features

Overview
Released a smartphone app with enhanced features like reservation management and chat support for better usability.
Impact
20% increase in active users

2023: Payment Platform Renewal

Overview
Fully updated payment system to support diverse methods, improving convenience and security.
Impact
Contributed to higher payment completion rates and fewer issues

2022: Strengthened Collaboration with Partner Karaoke Chains

Overview
Initiated API integration with major karaoke stores for real-time vacancy information.
Impact
30% increase in partner stores, successful user expansion

2021: Completion of Data Analysis Infrastructure

Overview
Established centralized data management and analysis infrastructure for marketing utilization.
Impact
Improved accuracy in ad effectiveness measurement and sales strategy efficiency

2021: Security Enhancement Project

Overview
Comprehensive system overhaul to strengthen personal information protection and safety management.
Impact
Continued zero information leakage incidents

2020: Implementation of Flexible Pricing Function

Overview
Introduced demand-based automatic price adjustment system to maximize revenue.
Impact
10% improvement in listed space revenue rate

Sustainability

  • Promoting resource savings through effective use of unused spaces
  • Supporting alleviation of urban congestion via remote work adoption
  • Reducing environmental impact through paperless initiatives
  • Ensuring user peace of mind with enhanced security
  • Contributing to sustainable regional economic revitalization