TOKYO, Mar 16 (Pulse News Wire) – LANDNET Inc. (2991.T) reported its real estate transactions and performance for February 2026.
The company's property sales division recorded 588 transactions, generating revenues of ¥8.200 billion (down 14% compared to the same month last year). Additionally, the company’s “” service, which provides warranty coverage for various issues such as equipment malfunctions and rent arrears, saw cumulative claims totaling 768 cases since August 2020.
Among these, properties over 30 years old accounted for 81% (624 cases), while repair costs related to plumbing systems constituted 23%, followed by bathroom units at 18% and water heaters at 14%. In its rental management business, LANDNET manages a wide range of properties across Japan, maintaining occupancy rates of 98.74% or higher for 11 consecutive years.
As of the end of February 2026, the company managed 9,907 units, sustaining high occupancy levels despite managing older properties alongside newly constructed ones.
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