Solvvy

Basic Information

Stock Code
7320
Industry
Other Financial Services
Category Detail
Real Estate & Housing
Prefecture
Tokyo
Establishment Year
March 2009
Listing Year
March 2018
Official Website
https://solvvy.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Kozo Keikaku Institute Holdings, E·J Holdings, NJS, Oriental Consultants Global Holdings, Nissui Consultants, Cuclev Advisors, Landix, Al Planner, Grimes, AsiaQuest, Yumilink, LogiZARD, Broad Enterprise, SmartDrive, DN Holdings, Japan Warranty Support, Project Holdings, CTI Engineering Group Holdings, OYO Corporation, IDEA

Overview

Solvvy is a residential financial services company based in Shinjuku-ku, Tokyo, established in 2009, with core businesses in extended warranties for residential equipment and construction/real estate consulting.

Current Situation

Solvvy achieved consolidated net sales of approximately 5.4 billion yen and operating profit of approximately 1.2 billion yen in the fiscal year ending March 2024, showing steady growth. Its main business is extended warranty services for residential equipment after the end of the manufacturer's warranty, establishing a firm position in the market, and it also develops building condition surveys and BPO services as value-added offerings. In 2024, it pursued business expansion through management integration with Media Seek, broadening its scope into construction and fintech through related subsidiaries. With a focus on sustainable corporate management, it concentrates on delivering high-quality services and expanding its customer base. In the future, against the backdrop of stable housing market demand and industry digitalization, it will advance new product development and BtoB service enhancement, aiming in the medium to long term for the rollout of innovative warranty solutions. Risks include competitor entry and regulatory strengthening, but it endeavors to stabilize performance through a diversification strategy. Leveraging a robust financial foundation centered on domestic capital and its expertise as an industry specialist, it aims for sustainable growth and industry leadership by 2030.

Trivia

Interesting Facts

  • Former name was Japan Living Warranty Co., Ltd., specialized in housing warranties
  • In 2024, fully subsumed Media Seek as a subsidiary and changed trade name
  • Subsidiaries include Living Points, Yokohama House, and Living Finance
  • Listed on Tokyo Stock Exchange Mothers in March 2018
  • President and Representative Director is Yoshitaka Adachi (as of 2024)
  • Growth company with net sales of approx. 5.4 billion yen and operating profit of approx. 1.2 billion yen
  • High recognition as an independent warranty company for residential equipment extended warranties
  • Expanding BPO business and promoting multifaceted management
  • Serves a wide range of customers in construction and housing industries
  • Headquarters located in Sumitomo Realty & Development Nishishinjuku Building No. 4

Hidden Connections

  • Strengthened collaboration with IT sector through Media Seek integration
  • Headquarters in Sumitomo Realty building, indirect ties to major real estate firm
  • Numerous business connections with real estate-related stocks like Construction Technology Institute
  • Expanding foothold in financial services industry through fintech subsidiary
  • Subsidiaries with multiple construction business licenses handle building condition surveys
  • Extended warranty service adopted in warranty programs of many home manufacturers
  • Received support from M&A Center during management integration
  • Approx. 90 employees, mid-sized with high specialization

Future Outlook

Growth Drivers

  • Increasing demand for equipment renewal in housing market
  • Activation of used home market
  • Enhanced maintenance for aging society
  • Progress in operational efficiency through digital technology
  • Multi-industry expansion of BPO support
  • Expansion of demand for construction and real estate consulting
  • Synergy effects from management integration
  • Improved repeat rate through customer satisfaction enhancement
  • Market expansion from regulatory easing
  • Increasing demand for environmentally considerate products

Strategic Goals

  • Expand market share in warranty business to become industry leader
  • Expand sales and diversification in BPO business
  • Diversify services through strengthened collaboration with related subsidiaries
  • Achieve 50% improvement in work efficiency through digital technology introduction
  • Continuously promote sustainability activities
  • Strengthen ties with local communities
  • Promote nationwide expansion of customer base
  • Further strengthen financial foundation
  • Gain recognition as total residential service provider
  • Maintain competitiveness through new service development

Business Segments

Warranty Services for Construction and Home Manufacturers

Overview
Provides extended warranties and architectural inspection services to the home construction industry.
Competitiveness
High-specialty long-term warranties and one-stop services
Customers
  • Residential Equipment Manufacturers
  • Home Construction Companies
  • Real Estate Developers
  • Local Builders
  • Renovation Contractors
Products
  • Residential Equipment Extended Warranty Plans
  • Building Condition Survey Reports
  • Warranty-Related BPO Services

Services for Real Estate Agencies and Management Companies

Overview
Supports building diagnosis and warranty additions for used home brokerage and management.
Competitiveness
Reliable surveys and warranties to improve customer satisfaction
Customers
  • Real Estate Agencies
  • Condominium Management Companies
  • Used Home Sellers
  • Home Leasing Operators
Products
  • Used Home Building Survey Service
  • Defect Liability Insurance Certification
  • Residential Equipment Extended Warranty Bundle

Inter-Company BPO Support Business

Overview
Provides BPO services to streamline companies' indirect operations.
Competitiveness
Broad industry coverage and customizable options
Customers
  • Small and Medium Enterprises
  • Large Corporations
  • Financial Institutions
  • IT Companies
  • Translation Service Users
Products
  • Payroll Processing Agency
  • Multilingual Translation Services
  • Business Process Management BPO

Competitive Advantage

Strengths

  • Expertise and track record in residential equipment warranties
  • Diversification strategy spanning multiple fields
  • Sound financial base and stable sales
  • Comprehensive service system through subsidiary collaboration
  • Reliability of long-term warranty services
  • Customer response capabilities rooted in local presence
  • Possession of latest building survey technologies
  • Flexible implementation of BPO services
  • Headquarters concentrated in Shinjuku, Tokyo
  • Business expansion through management integration

Competitive Advantages

  • Secure market share in residential equipment extended warranty market
  • Strength in construction and real estate consulting via subsidiaries
  • Specialization in long-term support after residential equipment warranties
  • Establishment of stable revenue base through BPO business
  • Pursuit of synergy effects from management integration
  • Deployment of specialized staff responsive to customer needs
  • High-quality services in earthquake resistance diagnosis and used home inspections
  • Improved customer satisfaction through integrated services
  • Expansion capabilities to broad customer segments
  • Maintaining competitiveness with solid financial constitution

Threats

  • Risks from housing market economic fluctuations
  • Price competition pressure from rival companies
  • Risks from changes in construction-related regulations
  • Potential increase in warranty burdens from natural disasters
  • Cybersecurity risks
  • Impact on fundraising from financial market instability
  • Decline in housing demand due to population decrease
  • Decline in competitiveness from delays in technological innovation
  • Insufficient response to diversifying customer needs
  • Market fragmentation risks from new entrants

Innovations

2024: Management Integration with Media Seek

Overview
Achieved scale expansion and business diversification through stock exchange-based management integration.
Impact
Enhanced group synergies and strengthened market competitiveness

2023: Development of New Building Condition Survey Service

Overview
Introduced home condition diagnosis service utilizing AI technology.
Impact
Improved survey accuracy and 30% increase in work efficiency

2022: Advancement of BPO Service IT Integration

Overview
Improved operational efficiency through introduction of cloud systems.
Impact
20% improvement in processing speed and enhanced customer satisfaction

2021: Progress in Fintech Business

Overview
Launched new financial services through establishment of Living Finance Co., Ltd.
Impact
Contributes to stabilization of group sales

Sustainability

  • Strengthening of environmentally considerate long-term warranty products
  • Enhanced quality management to improve customer satisfaction
  • Disaster support activities through collaboration with local communities
  • Improvement of work environment and employee health support
  • Resource savings through utilization of digital systems