beluuga.ai

Overview

Real Estate

property technologies Inc.

Property Technologies operates the 'KAITRY' all-in-one real estate platform, which integrates proprietary AI-powered property valuation with end-to-end transaction capabilities including the purchase, renovation, and resale of used condominiums, as well as new custom-built homes. Its core subsidiary, Homenet Co., Ltd., operates 15 locations nationwide and has sold approximately 9,000 renovated condominiums since 2011, targeting first-time buyers in their 30s and 40s in major urban markets across Japan. The group also maintains a brokerage network spanning approximately 7,500 real estate agencies and 32,000 agents, enabling broad market access and proprietary data accumulation.

Market Cap

¥10.5B

US$67.0M

¥38.1B

US$243M

Stock¥842▼-4.75%

US$1 = ¥156.80 (2026-10-23)

LTM EV/EBITDA

16.1

LTM EV/EBIT

16.8

LTM PER

9.3

LTM PBR

1.2

Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-28.4%pt

Oct 24, 25 – Oct 23, 26StockTOPIX

1Oct 27, 25TOB completion/delisting schedule announced

2Jul 15, 26Q2 FY2026/11 earnings announced

3Oct 16, 26Q3 FY2026/11 earnings announced

MC → EV Bridge

AI Briefing

Generating insights…

Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

21%

79%

EquityD/E 3.74xDebt

Liquidity vs Debt 5Y (¥B)▼ Net Debt

CashInv. Sec.Debt

Shareholders

Top 10 hold 73.2%

as of 2026-05-31 · Source: Annual Securities Report

Grandall Capital Co., Ltd.

36.13%

Yudai HAMANAKA

31.65%

Tomohiro YOSHIDA

1.64%

Takahiro YAMADA

0.68%

BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)

0.68%

Junichi SUGIURA

0.54%

JPMorgan Securities Japan Co., Ltd.

0.54%

propertytechnologies Employee Stock Ownership Association

0.46%

Morgan Stanley MUFG Securities Co., Ltd.

0.45%

Noboru TAI

0.41%

Management

9 officers

Yudai HAMANAKA

Representative Director, President and Executive Officer

Apr 1988 Joined Miyama Co., Ltd. (now Leopalace21 Corporation) Dec 2000 Established Homenet Co., Ltd.; Representative Director, President Jun 2005 Established Advance Link Co., Ltd.; Director Nov 2006 Advance Link Co., Ltd.; Representative Director Sep 2018 First Home Co., Ltd.; Director (current) Oct 2018 First Corporation Co., Ltd.; Director (current) Jul 2019 Sanko Home Co., Ltd.; Director (current) Jul 2019 Sanko Base Co., Ltd.; Director (current) Nov 2020 Established the Company; Representative Director, President Mar 2023 Established Grandall Capital Co., Ltd.; Representative Director (current) May 2024 the Company; Representative Director, President and Executive Officer (current) Feb 2025 Homenet Co., Ltd.; Representative Director, President and Executive Officer (current)

1966-01-07

Hideshi IWAO

Senior Managing Director, Senior Executive Officer, General Manager of Group Strategy Headquarters

Apr 1988 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Oct 2001 Director, Relocation Japan Co., Ltd. Nov 2004 Representative Director, Relo Estate Co., Ltd. Apr 2005 Representative Director, Relocation Japan Co., Ltd. Jun 2009 Director, Relo Holdings, Inc. (now Relo Group, Inc.) Feb 2010 Director, Tohto Co., Ltd. Feb 2013 Director, Vestas Co., Ltd. Jun 2013 Director, Nakamichi Co., Ltd. Apr 2014 Director, Nippon Hauzing Co., Ltd. Nov 2015 Managing Executive Officer, Nasta Co., Ltd. May 2016 Outside Director, Homenet Co., Ltd. Sep 2018 Director, First Home Co., Ltd. (current) Oct 2018 Director, First Corporation Co., Ltd. (current) Nov 2018 Senior Managing Director, Homenet Co., Ltd. Jul 2019 Audit & Supervisory Board Member, Sanko Home Co., Ltd. Dec 2019 Senior Managing Director, Homenet Co., Ltd.; General Manager of Administration Headquarters Nov 2020 Senior Managing Director, the Company; General Manager of Group Strategy Office Feb 2021 Director, Sanko Home Co., Ltd. (current) Apr 2021 Senior Managing Director, the Company; General Manager of Group Strategy Headquarters Apr 2021 Senior Managing Director, Homenet Co., Ltd.; General Manager of Building Business Headquarters Nov 2021 Representative Director, Kaitory Co., Ltd. (formerly FURVAL Co., Ltd.) (current) May 2024 Senior Managing Director, Senior Executive Officer, the Company; General Manager of Group Strategy Headquarters (current) Dec 2024 Senior Managing Director, Homenet Co., Ltd.; in charge of Retail Business Feb 2025 Senior Managing Director, Senior Executive Officer, Homenet Co., Ltd.; in charge of Retail Business (current)

1965-02-19

Kohei MATSUOKA

Director, Executive Officer, General Manager of Corporate Headquarters

Apr 1992 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Sep 2019 Seconded to Homenet Co., Ltd. Dec 2019 Joined Mizuho Capital Co., Ltd. (secondment to Homenet Co., Ltd. continued) Dec 2019 General Manager of Administration Division and General Manager of Human Resources & General Affairs, Homenet Co., Ltd. Apr 2020 Director, First Home Co., Ltd. (current) Apr 2020 Director, Sanko Home Co., Ltd. (current) Nov 2020 Director, General Manager of Administration Headquarters, the Company; Director, General Manager of Administration Headquarters, Homenet Co., Ltd. Apr 2021 Director, General Manager of Corporate Headquarters, the Company May 2024 Director, Executive Officer, General Manager of Corporate Headquarters, the Company Feb 2025 Director, Executive Officer, General Manager of Administration Headquarters, Homenet Co., Ltd. Feb 2026 Senior Managing Director, Senior Executive Officer, General Manager of Corporate Headquarters, the Company (current) Feb 2026 Senior Managing Director, Senior Executive Officer, General Manager of Administration Headquarters, Homenet Co., Ltd. (current)

1970-01-29

Rihito TAKAHASHI

Outside Director

Apr 1982 Joined Recruit Co., Ltd. (now Recruit Holdings Co., Ltd.) Sep 2007 Joined Rakuten, Inc. (now Rakuten Group, Inc.) Oct 2011 Managing Executive Officer, Rakuten, Inc. Jun 2013 Outside Director, LIFULL Co., Ltd. Jun 2018 Outside Director, Fringe81 Co., Ltd. (now Unipos Inc.) Mar 2021 Outside Director, Addish Co., Ltd. (current) Jun 2022 Outside Director, Will Group, Inc. (current) May 2023 Outside Director, the Company (current) Dec 2025 Outside Director, Linet Japan Group Co., Ltd. (current)

1959-04-24

Hideaki SHIGA

Outside Director

Apr 1976 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Jan 2005 General Manager of Related Business Division, Mizuho Bank, Ltd. Mar 2006 Representative Director, Senior Managing Director, Hulic Co., Ltd. Apr 2020 Representative Director, Vice President, Hulic Co., Ltd. Mar 2024 Adviser, Hulic Co., Ltd. Jul 2024 Outside Director, the Company (current)

1955-09-26

Toshiro EKAWA

Outside Director, Audit and Supervisory Committee Member

Apr 1988 Joined Fuji Bank, Ltd. (now Mizuho Bank, Ltd.) Apr 2017 Managing Executive Officer, Mizuho Financial Group, Inc.; Managing Executive Officer, Mizuho Trust & Banking Co., Ltd. Apr 2019 Managing Executive Officer, Mizuho Bank, Ltd. Mar 2023 Director, Audit and Supervisory Committee Member (Chair), Mizuho Bank, Ltd. Jul 2024 Senior Managing Director, Oshiro-gumi Co., Ltd. Feb 2025 Outside Director, the Company (current) Nov 2025 Representative Director, President, Oshiro-gumi Co., Ltd. (current)

1963-09-01

Mitsutaka MATSUO

Full-time Audit & Supervisory Board Member (Outside)

Dec 2002 Joined Mars & Co. Consulting Japan Ltd. Nov 2005 Joined Revamp Inc. May 2012 Audit & Supervisory Board Member (Outside), Rich Media Co., Ltd. (now Sharing Beauty Co., Ltd.) Sep 2015 Part-time Audit & Supervisory Board Member (Outside), Rich Media Co., Ltd. Oct 2015 Audit & Supervisory Board Member (Outside), Homenet Co., Ltd. Nov 2019 Part-time Audit & Supervisory Board Member, First Home Co., Ltd. (current) Nov 2020 Full-time Audit & Supervisory Board Member (Outside), the Company (current) Nov 2020 Part-time Audit & Supervisory Board Member, Homenet Co., Ltd. (current) Feb 2021 Part-time Audit & Supervisory Board Member, Sanko Home Co., Ltd. (current)

1979-08-05

Kinya NAKAYAMA

Full-time Audit & Supervisory Board Member

Apr 1979 Joined Kanto Finance Bureau, Ministry of Finance Jul 2013 Deputy Director, Tokyo Finance Office, Kanto Finance Bureau, Ministry of Finance Jan 2015 Joined Kanuma Shinkin Bank Jul 2015 Executive Officer, General Manager of Risk Management Division, Kanuma Shinkin Bank Jun 2016 Full-time Executive Director, General Manager of Risk Management Division, Kanuma Shinkin Bank Feb 2021 Outside Director, the Company May 2023 Full-time Audit & Supervisory Board Member, the Company (current) May 2023 Part-time Audit & Supervisory Board Member, Homenet Co., Ltd. (current) May 2023 Part-time Audit & Supervisory Board Member, Sanko Home Co., Ltd. (current)

1956-02-02

Miyo NISHIDA

Audit & Supervisory Board Member (Outside)

Dec 2008 Registered as attorney-at-law (Tokyo Bar Association) Dec 2008 Joined Daiichi Chuo Law Office Apr 2010 Delegate, Japan Federation of Bar Associations Oct 2010 Joined Hayabusa Asuka Law Office (current) Jun 2013 Part-time Audit & Supervisory Board Member (Outside), Extreme Co., Ltd. (current) Jun 2015 Part-time Audit & Supervisory Board Member (Outside), Giga Prize Co., Ltd. Jun 2020 Outside Director, Ootoya Holdings Co., Ltd. Feb 2021 Part-time Audit & Supervisory Board Member (Outside), the Company (current) Jun 2021 Outside Director, Audit and Supervisory Committee Member, Tenma Corporation Nov 2023 Part-time Audit & Supervisory Board Member (Outside), Hito Communications Holdings, Inc. (current)

1980-01-15

Large Shareholding Reports

Grandeur Capital Co., Ltd.

2025-12-02

69.38%→68.38%