TOKYO, Aug. 22, 2022 /PRNewswire/ — A current analysis consequence has been launched by ITANDI Co., Ltd (Headquarters: Tokyo, Japan; Consultant: Shinpei Noguchi “The Firm”) about how actual property corporations are reacting to the digital transformation motion that has been happening in the true property business in Japan. ITANDI Co.,Ltd is a know-how focus firm. The Firm is a part of the GA applied sciences Co.,Ltd (Headquarters: Minato-Ku, Tokyo, Japan; CEO: Ryo Higuchi; Securities code: 3491) group offering companies in the true property business with superior know-how utilized. The analysis launched this time was performed amongst 766 actual property corporations asking about how they really feel in regards to the digital transformation improvement within the business.
【Proptech (property know-how) enterprise corporations】
- ITANDI Co .,Ltd (Headquarters: Minato-Ku, Tokyo, Japan; Consultant: Shinpei Noguchi)
- WealthPark Co.,Ltd (Headquarters: Shibuya-Ku, Tokyo, Japan; Consultant: Ryuta Kwada)
- Spacely Inc. (Headquarters: Shibuya-Ku, Tokyo, Japan; Consultant: Hirokazu Morita)
- Sumasate Co.,LTd (Headquarters: Shinagawa-Ku, Tokyo, Japan; Consultant: Nobuyoshi Yamagishi)
【Actual property specialised media】
SUMAVE (Proptech specialised on-line media / 2017~)
Zenchin (Press media specialised in actual property for rental & lease function / 1989~)
The definition of “digital transformation” on this article refers to “how corporations in the true property business apply know-how to be able to enhance work effectivity.”
◆ Key Highlights
- 98.4% of the businesses imagine that digital transformation should be completed. 71% have taken sure measures earlier than or are planning on doing so.
- Firms these had been applied with such measures up to now, 44.1% solely concerned for lower than one 12 months whereas 70.7% of the businesses gave a constructive suggestions about digital transformation and the measures they’ve been taken
- In relation to the annual finances, small corporations with fewer than 10 workers are prepared to spend lower than a million yen for implementing digital transformation. Firms with greater than 501 workers are prepared to spend greater than 10,010,000 yen.
- 3 main obstacles for corporations to proceed with digital transformation are as follows: finances, proper individuals, know-how
- 98.2% of the businesses do know that on-line contract and on-line documentation can be found together with the legislation revision in Could 2022.
- The “on-line contract system” is the system (software program) that has been mentioned probably the most amongst corporations at the moment
- Greater than 50% of the businesses answered that they’re glad with the software program they’ve been utilizing, particularly for the “on-line assembly software program”, “appointment reservation software program”, “value evaluation software program”, “software program for essential issues documentation” and the “on-line utility software program”.
- The software program that has been put in probably the most by corporations is the “on-line contract software program” in 2022. Different software program similar to “on-line assembly software program”, “software program for essential issues documentation” and “VR, on-line home tour software program” are additionally fashionable amongst corporations in 2021 to 2022.
◆ 98.4% of the businesses participated on this analysis assist with the digital transformation wave within the business; 71% had been or is underway of taking actions
A complete of 98.4% of the businesses do assist this digital transformation motion that has been happening in the true property business both with sturdy settlement or considerably constructive reactions. In relation to the query of how your organization has been doing on the matter, 71% of them have taken or are taking some actions to make the change. 93.4% of the businesses answered that the aim for such motion is to enhance productiveness and work effectivity. Whereas to enhance buyer satisfaction and to draw extra prospects adopted with 53.4% and 35.1%.
The businesses which were collaborating within the analysis this time, practically 50% are small corporations with workers fewer than 10 individuals. Many small to medium dimension corporations additionally imagine that digital transformation is important and are planning on taking some technique for that or had such expertise earlier than.
◆ Virtually half of the businesses have lower than one 12 months of expertise concerning DX, whereas greater than 70% really feel glad in regards to the change
44.1% of the businesses replied that that they had lower than one 12 months of precise expertise engaged on digital transformation. Solely 0.7% of corporations answered that they have already got the associated measures, or the DX system organized within the firm. The businesses which have began such actions have elevated up to now one 12 months. 70.6% of the businesses have the system/ know-how prepared in lower than two years. And 70.7% of them gave constructive suggestions concerning such a change. When being requested about which half do you are feeling that has been improved probably the most, 93.2% answered with higher effectivity and productiveness. 29% answered with larger buyer satisfaction whereas 25.6% stated that the proportion of offers made has gone up.
◆ Firms are prepared to spend from a million yen to greater than 10,010,000 yen yearly relying on the scale of an organization
When being requested about how a lot finances you’re prepared to spend on making the digital transformation a 12 months, corporations’ solutions differ from lower than a million yen to greater than 10,010,000 yen relying on the scale of an organization. 85.4% of the businesses with 5 to 10 workers are prepared to spend not more than a million yen yearly to make the DX change. This proportion jumps to 93.1% for corporations with just one~4 individuals. Then again, corporations with variety of workers greater than 501 individuals are prepared to spend greater than 10,010,000 yen per 12 months to make the transformation. As we may see, the annual finances for corporations to make the change will increase together with the scale of an organization.
In relation to the query “which division is chargeable for the DX mission?”21.3% of the businesses answered with “the chief board” adopted by “the gross sales (planning) division” with 20.6%. “Enterprise technique, the CEO workplace” is available in third with 16.7%. Lastly, 9.7% of the businesses being researched answered that there’s a division specialised in such tasks of their corporations.
◆ “Funds”, “Proper individuals”, “Know-how” are the most important obstacles for corporations
The Prime 3 obstacles that stop corporations from making the digital transformation are: “finances”, “proper individuals”, “know-how”.40% answered that the shortage of all three or both one of many sources makes the businesses hesitate to make the change. All three elements are chosen as the highest 3 obstacles by corporations which is sort of the identical as final 12 months’s analysis consequence (※1). Firms that haven’t any plan for making the shift additionally identified “finances”, “human useful resource”, and “know-how” are the most important issues for them as effectively.
◆ 98.2% are conscious of the legislation revisions about electronification of documentations
57.7% of the businesses are conscious of the electronification of the documentation course of together with the legislation revisions enacted on Could 18th, 2022; 40.5% are considerably acquainted with the Information. Nonetheless 1.8% of the businesses replied that they have no idea about such a change. In conclusion, nearly most corporations working in the true property business are conscious of such info.
◆ “On-line contract software program” is the most well-liked software program amongst corporations
70% of the businesses answered that they’ve the net assembly software program put in or are planning to take action. The second hottest software program is the rental & lease utility administration software program with 52.3% of the businesses put in already or plan to take action. 39.1% answered with “on-line utility software program”. Lastly, 31.8% answered with the “buyer relationship administration software program”.
In relation to the query of which software program are you contemplating putting in, 18.7% select the “on-line contract software program”, 15.8% select the “essential issues documentation software program”, and 14% select the “on-line utility software program”. 11.5% select the “App. for property proprietor”. As we may see, the affect of the legislation revision has been pushing the method strikes quicker.
◆ Greater than 50% are glad with the adjustments DX brings
Greater than half of the businesses researched say that they’re glad with the methods being taken to make the transformation. The satisfaction is particularly excessive in regards to the following software program: “on-line assembly software program”, “appointment reservation software program”, “AI evaluation software program”, “essential issues documentation software program” and the “on-line utility software program”.
◆ “On-line contract software program” is the most well-liked software program put in amongst corporations in 2022
After we have a look at the proportion of set up of particular person software program, each the “on-line assembly software program” and the “essential issues documentation software program” obtain greater than 70% reputation in 2020 ~ 2021. The set up price is 61% for the “VR / on-line tour software program” due to the rising wants throughout the pandemic. In 2022, the software program these obtain excessive reputation are “on-line contract software program” (31.7%), “AI value evaluation software program” (24.3%), “appointment reservation software program” (20.9%), and the “on-line utility software program” (20.5%). For the occasions earlier than the pandemic broke out, the software program these had been fashionable amongst actual property corporations are “rental & lease utility administration software program”, “contract administration software program (for contract renewal & move-out)”, and “CRM (buyer relationship administration) software program”.
◆ Conclusion
The true property business is experiencing an enormous change within the digital know-how facet and the way the true property transaction course of goes to be together with the associated legislation revisions enactment, and the change in way of life due to the pandemic. All these have a big impact on the business, and certainly about 70% of the businesses are beginning or have been taking measures to journey on this digital transformation wave that’s occurring within the business. Little question, the so-called DX motion is actually happening in the true property business.
◆ Consequence Abstract
- Analysis time interval:June sixteenth, 2022 ~ July seventh, 2022
- Sensible solutions acquired: 776
- Targets for analysis: actual property administration corporations and corporations present associated companies
- Analysis methodology: on-line questionnaire
- Firms participated within the analysis are as comply with:
*The proportion is spherical up, so it may not be 100% precisely when added up
◆ ITANDI Co.,Ltd
Firm title: ITANDI Co.,Ltd
Consultant: Shinpei Noguchi
Web site: https://www.itandi.co.jp/
Headquarters: 40F of Sumitomo actual property Roppongi Grand Tower, Roppongi 3-2-1, Minato-Ku, Tokyo
12 months of founding: June 2012
Capital fund: 36,000,000 yen
Providers:
- Improvement, operation of SaaS for actual property corporations : ITANDI BB
- Improvement, operation of SaaS for rental & lease administration corporations: ITANDI BB +
- Improvement, operation of self-tour home looking platform: OHEYAGO
◆ WealthPark Co.,Ltd
Firm title: WealthPark Co.,Ltd
Consultant: Ryuta Kwada
Web site: https://wealth-park.com/ja/
Headquarters: 3F of New mitomi constructing, Ebisu 1-20-18, Shibuya-Ku, Tokyo
Capital fund: 100,000,000 yen
Providers:
- SaaS enterprise (WealthPark Enterprise)
- Vertical enterprise (WealthPark Asset administration)
- Fintech enterprise (WealthPark Various)
◆ Spacely, Inc
Firm title: Spacely, Inc
Consultant: Hirokazu Morita
Web site: https://corp.spacely.co.jp
Headquarters: 3F of Yagi constructing (second constructing), Shibuya 3-6-2, Shibuya-Ku, Tokyo
12 months of founding: August 2013
Capital fund: 510,000,000 yen
Providers:
- 360°VR & area utilization platform : Spacely
- Net media: Spacely Suggestions (Suggestions & contents about VR know-how)
- AI x VR analysis lab: Spacely Lab
◆ Sumasate Co.,Ltd
Firm title: Sumasate Co.,Ltd
Consultant: Nobuyoshi Yamagishi
Web site: https://sumasate.jp/
Headquarters: 8F of Noda constructing, Kamiozaki 2-12-1, Shinagawa-Ku, Tokyo
12 months of founding: July, 2015
Capital fund: 10,000,000 yen
Providers:
- Improvement & operation of AI hire value evaluation software program
- Improvement & operation of road information software program: City Navi
◆SUMAVE
Web site: https://www.sumave.com/
12 months of founding: 2017
A Information web site specialised in actual property know-how (property know-how) each nationally and Internationally
◆ Zenchin Co.,Ltd
Web site: https://www.zenchin.com/
12 months of founding: 1989
One of many prestigious Information media focuses on the rental and lease space, covers the most recent info and traits in the true property business. The readership covers greater than 80% of the true property corporations in Japan. It is without doubt one of the main sources for managerial positions within the business to assemble needed info.
◆ GA applied sciences Co.,Ltd
Firm title: GA applied sciences Co.,Ltd
Consultant: Ryo Higuchi
Web site: https://www.ga-tech.co.jp/
Headquarters: 40F of Sumitomo actual property Roppongi Grand Tower, Roppongi 3-2-1, Minato-Ku, Tokyo
12 months of founding: March, 2013
Capital fund: 7224,816,203 yen (by July 2022)
Providers:
- Web actual property market enterprise: RENOSY
- BtoB PropTech SaaS improvement
- GA applied sciences group: ITANDI, RENOSY PLUS, Shenjumiausuan and 10 different group corporations
Reference:
(*1) The analysis consequence for 2021 please seek advice from the next hyperlink: https://www.itandi.co.jp/news_posts/709 (July, 2021)
For this launch, please contact under:
Nami (+81-90-1503-9158), Judy, GA applied sciences Co., Ltd. MAIL: [email protected]
SOURCE GA applied sciences Co., Ltd.