Striders
Basic Information
- Stock Code
- 9816
- Industry
- Real Estate
- Category Detail
- Real Estate & Housing
- Prefecture
- Tokyo
- Establishment Year
- February 1965
- Listing Year
- February 1991
- Official Website
- https://www.striders.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Elitz HD, Daitsu, Papanets, Genex
Overview
Striders is a Tokyo Stock Exchange Standard-listed company founded in 1965, with real estate management and hotel operations as its core businesses, boasting strengths in diversification and overseas expansion.
Current Situation
Striders focuses on real estate management and hotel operations, recording consolidated sales of approximately 13.2 billion yen for the fiscal year ended March 2020. Headquartered in Minato-ku, Tokyo, it conducts real estate rental guarantees, hotel operations, and overseas businesses through diverse affiliates. It changed to its current name in 2010 and is advancing investment business expansion and group management. Overseas, it is actively expanding into Asia, including Indonesia, and strengthening business alliances with multinational partners. It also holds IT and network security-related businesses under its umbrella to create diverse business synergies. For sustainability, it promotes environmentally considerate real estate and regional contribution activities, positioning hotel business expansion and digitalization as its medium- to long-term growth strategies. Recently, it has been aggressive in M&A to build a multifaceted business portfolio and aims for sustainable growth.
Trivia
Interesting Facts
- Transitioned from PC peripheral sales to diversified real estate and hotels
- Strength in hotel operations near Narita Airport
- Successfully branded inherited local historic hotels
- Deploys real estate rental guarantee business via specialized subsidiaries
- Veteran company listed on TSE Standard since 1991
- Engages in business alliances with multiple Asian countries overseas
- Long-term involvement in IT security-related business
- Multiple name changes since 1977 trade name change to current name
- Revenue stability from diversification highly evaluated
- Expanding environmental and social contribution activities through regional collaborations
Hidden Connections
- Joint venture with Taiwan Shin-I Integration Technology for in-vehicle terminal business development
- Established joint venture securities business with Sri Lanka's Asia Capital PLC
- Group company includes food manufacturer Masuda Seimen for business diversification
- Mobile Link subsidiary collaborates with Asian countries on technology development
- Rare corporate form combining real estate, hotels, IT, and food businesses
- Successful diversification strategy after withdrawing from consumer finance
- Strong ties to local economy through regionally focused hotel brand expansion
- One of the stocks that transitioned from TSE 1st Section to Standard Market
Future Outlook
Growth Drivers
- Recovery and expansion of hotel demand domestically and internationally
- Revenue growth from market expansion in rental guarantee business
- Diversification and strengthening of IT security services
- Overseas business expansion in Asia
- Diversification of business portfolio using M&A
- Strengthening of locally focused hotel brands
- Promotion of environmentally responsive real estate management
- Acceleration of digital transformation
Strategic Goals
- 30% increase in annual hotel guests
- Double current sales in rental guarantee business
- Expand overseas bases in Asia to 5 locations
- Acquire environmental certifications through sustainable real estate operations
- Improve group-wide operational efficiency through DX promotion
Business Segments
Real Estate Management Services
- Overview
- Provides comprehensive services from real estate management to rental guarantees and operational support.
- Competitiveness
- Stable revenue base from extensive service network and partners
- Customers
-
- Apartment Owners' Associations
- Real Estate Owners
- Rental Operators
- Management Companies
- Building Owners
- Facility Management Firms
- Products
-
- Apartment Cleaning and Maintenance
- Rental Guarantee Services
- Real Estate Consulting
- Equipment Management
- Risk Management Services
Hotel Operations and Management
- Overview
- Centers on hotel operations with comprehensive lodging and ancillary services.
- Competitiveness
- Well-located facilities and high-quality customer service
- Customers
-
- Tourists
- Business Travelers
- Travel Agencies
- Corporate Clients
- Event Organizers
- Products
-
- Stay Plans
- Banquet and Conference Services
- Facility Rentals
- Stay Packages
- Value-Added Services for Customers
IT and Network Security Related
- Overview
- Develops and supports security-related systems in the IT field.
- Competitiveness
- Comprehensive services through specialized technology and group collaboration
- Customers
-
- Corporations
- Public Institutions
- Group Companies
- System Development Firms
- Products
-
- Security System Development
- Network Monitoring
- Authentication Services
- Data Analysis
- Contracted Development
Food Manufacturing and Sales Support
- Overview
- Supports food manufacturing technology and production management to strengthen demand response.
- Competitiveness
- Comprehensive strength as a diversified company
- Customers
-
- Food Retailers
- Local Wholesalers
- Restaurants
- Commercial Food Businesses
- Products
-
- Dry Noodle Manufacturing
- Fresh Noodle Supply
- Logistics Support
- Manufacturing Technology Consulting
- Product Planning Support
Competitive Advantage
Strengths
- Revenue stability from diversified businesses
- Collaborative strength with diverse group companies
- Location advantage centered in Minato-ku, Tokyo
- Brand power in hotel operations
- Accumulated know-how in real estate management
- Growth opportunities from overseas expansion
- Possession of IT security technology
- Aggressive M&A strategy
- Regionally focused food manufacturing business
Competitive Advantages
- Risk diversification possible through diverse business deployments
- International business expertise from partner collaborations
- Stable revenue base in real estate rental guarantees
- Enhanced customer attraction through multi-site hotel operations
- Efficient real estate management utilizing IT technology
- Established local brands through regionally focused food manufacturing
- Aggressive business investments leveraging capital strength
- Securing diverse customer bases across wide industries
- Promoting new market development through domestic and international partnerships
Threats
- Unstable hotel demand due to COVID-19
- Real estate market risks from economic fluctuations
- Exchange rate fluctuation risks from overseas operations
- Intensifying competition in rental guarantee services
- Business impacts from regional regulatory changes
- Rapid technological advancements in IT security
- Risk of real estate asset damage from natural disasters
Innovations
2024: Hotel DX Promotion Project
- Overview
- Introduced AI-based customer management and reservation systems to improve efficiency.
- Impact
- Successfully improved customer satisfaction and reduced operating costs
2023: Security System Development for Real Estate Management
- Overview
- Developed and began deploying IoT security systems for apartment management.
- Impact
- Improved resident satisfaction and safety
2022: Overseas Hotel Business Expansion
- Overview
- Promoted new hotel development projects in Indonesia and Sri Lanka.
- Impact
- Contributed to increased overseas sales
2021: Enhanced IT Integration in Rental Guarantee Business
- Overview
- Advanced IT integration from online applications and contracts to management for efficiency.
- Impact
- Improved operational efficiency and customer convenience
Sustainability
- Promoting energy-saving building practices in real estate
- Waste reduction programs in hotel operations
- Active participation in local cleaning and greening activities
- Promoting employee-friendly workplaces
- Implementation of green procurement