Fuji Jutaku

Basic Information

Stock Code
8860
Industry
Real Estate Industry
Category Detail
Real Estate & Housing
Prefecture
Osaka Prefecture
Establishment Year
April 1974
Listing Year
December 1990
Official Website
https://www.fuji-jutaku.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Tama Home, YTL Corporation Berhad, Sumitomo Forestry, Sekisui House, Open House Group, Iida Group Holdings, Keiai Star Real Estate, Sekisui Chemical, First Sumiken, FJ Next HD, Ichinen HD, Nac, Kitae

Overview

Fuji Jutaku is a mid-sized detached housing company in the real estate industry founded in 1974 with its base in southern Osaka, mainly engaged in planning and sales of detached houses and condominiums, and widely operating in land effective utilization and rental management.

Current Situation

Fuji Jutaku achieved consolidated sales of 120.3 billion yen for the fiscal year ended March 2024, building a solid revenue base centered on detached housing and condominiums in the Kinki region with Osaka at its core. Consolidated operating profit exceeded 5 billion yen, maintaining stable management, while focusing on land effective utilization and custom housing as growth areas. Main businesses include freely designed detached houses and rental property management, differentiating from competitors and strengthening region-specific sales. Selected as a Ministry of Economy, Trade and Industry Health Management Stock, with enriched internal systems. Although ethical issue lawsuits drew attention since 2015, the company is working to improve its corporate constitution. Moving forward, it will deepen synergies between region-specific development and its rental management subsidiary, partially entering the real estate renovation market. Leveraging suburban housing demand, it aims for sustained growth by utilizing geographical strengths and multi-faceted business expansion to enhance competitiveness.

Trivia

Interesting Facts

  • Headquartered in Kishiwada City, growing through regional closeness.
  • Started with capital of 3.5 million yen at founding.
  • Rental management subsidiary Fuji Amenity Service is a key revenue pillar for the group.
  • Selected for Ministry of Economy, Trade and Industry's 2016 Health Management Stock.
  • Early introduction of free design for for-sale detached houses to meet customer needs.
  • Employees required to submit essays on management philosophy.
  • Previously involved in social issues like promoting Ikupaku textbook adoption.
  • Founder Imai Mitsuro participated in Moral and Ethics Association activities.

Hidden Connections

  • Related entities operate educational research and early childhood education organizations.
  • Received multiple awards from national and prefectural governments for road beautification activities.
  • Operates proprietary maintenance system FASS in rental management business.
  • Cultural influence on local community through founder and related entities.
  • Track record of supplying properties to large real estate investment funds.

Future Outlook

Growth Drivers

  • Stabilization of housing demand in Kinki region and redevelopment momentum
  • Increasing demand for free design in custom housing market
  • Progress in IT-ization and efficiency of rental management business
  • Growing needs for land effective utilization
  • Market expansion of environmentally considerate housing
  • Brand strengthening of region-specific services

Strategic Goals

  • Increase housing supply volume in Kinki region by 20% from current levels
  • Expand land effective utilization business to 25% of sales
  • Promote DX in rental management services and improve customer satisfaction
  • Raise ratio of environmentally considerate housing to over 50%
  • Further promote health management to improve employee retention rate
  • Enhance corporate social trust through expanded regional contribution activities

Business Segments

Land Utilization Solutions

Overview
Comprehensive support from design to management to maximize land revenue.
Competitiveness
Region-specific and flexible customization proposals
Customers
  • Landowners / Individual Investors
  • Real Estate Management Companies
  • Financial Institutions
  • Construction Companies
Products
  • Rental Housing Development
  • Asset Management Consulting
  • Land Lease Management Service
  • Real Estate Renovation

Rental Housing Management

Overview
Providing stable operation and management on behalf of rental property owners.
Competitiveness
Introduction of management efficiency system 'FASS'
Customers
  • Rental Owners
  • Management Companies
  • Corporate Customers
Products
  • Tenant Management
  • Building Maintenance
  • Rent Collection Agency
  • Equipment Management

Housing Construction Contracting

Overview
Providing diverse housing construction services tailored to customer needs.
Competitiveness
Free design and integrated construction management
Customers
  • Individual Home Buyers
  • Custom Housing Customers
Products
  • Custom Housing Design and Construction
  • For-Sale Detached House Construction
  • Renovation

Real Estate Trading Brokerage

Overview
Engaged in sales and purchase brokerage services in the housing circulation market.
Competitiveness
Utilization of regional information network
Customers
  • General Customers
  • Corporate Buyers
Products
  • Used Housing Brokerage
  • Land Sale and Purchase Brokerage
  • Condominium Sale and Purchase Brokerage

Real Estate Renovation

Overview
Performing large-scale renovations on used properties to enhance asset value.
Competitiveness
Thorough quality control and cost optimization
Customers
  • Home Owners
  • Asset Management Companies
Products
  • Used Property Renovation
  • Interior/Exterior Reform
  • Eco Renovation

Construction Materials Sales

Overview
Procurement and sales of necessary materials for construction sites.
Competitiveness
Group subsidiary network
Customers
  • Construction Companies
  • In-House Construction Division
Products
  • Building Materials Procurement
  • Equipment

Competitive Advantage

Strengths

  • Trust built through region-specific approach
  • Revenue stability from diversified business
  • Technical capabilities for free design
  • Integrated service provision through group collaboration
  • Employee satisfaction from Health Management Stock selection

Competitive Advantages

  • Sales base rooted in southern Osaka and Kinki region
  • Development and sales strength in both detached houses and condominiums
  • Flexible response in land effective utilization business
  • Value enhancement through functional linkage with subsidiary rental management
  • Proposal and individualized response strength in free design housing

Threats

  • Market shrinkage risk from population decline
  • Severe pressure from rising construction costs
  • Entry of large-scale developments by regional competitors
  • Performance fluctuations due to real estate market economic swings
  • Image risk from past social ethical issues

Innovations

2023: Development of 'Smart Lease' land utilization model

Overview
Introduced a new land utilization method for landowners to stabilize revenue.
Impact
Land utilization projects increased 15% year-over-year

2022: Renewal of rental management IT system 'FASS'

Overview
Updated system to streamline rental management operations. Promoting DX.
Impact
Management costs reduced by 10%, tenant satisfaction improved

2021: Strengthening of environmentally considerate housing design

Overview
Established standards for energy-saving and low environmental impact housing design.
Impact
Eco Family series sales increased 20%

2020: Introduction of resource recycling in site development

Overview
Adopted soil regeneration utilization technology in earthworks to reduce environmental impact.
Impact
Construction site waste reduced by 10%

Sustainability

  • Continuous participation in local housing environment beautification activities
  • Promotion of environmentally friendly building materials adoption
  • Improvement of employee welfare through health management practices
  • Standardization of energy-saving housing design standards
  • Enhancement of environmental considerations in rental properties through subsidiary collaboration