LANDNET Inc. [2991.T]

TOKYO, May 18 (Pulse News Wire) – LANDNET Inc. (2991.T) reported its real estate transactions and performance for April 2026.

In the property sales division, the company recorded 597 transactions, generating revenue of ¥9.100 billion (down 42% compared to the same month last year). For its "" service, which covers repair costs for various defects such as plumbing issues and rent arrears, the cumulative number of cases from August 2020 to April 2026 reached 799. Among these, properties older than 30 years accounted for 81% (650 cases).

The highest repair expenses were incurred for drainage pipes (23%), followed by bathroom units (18%) and water heaters (14%). In the rental management sector, LANDNET manages properties across Japan ranging from newly constructed buildings to those over 30 years old. The company maintains an occupancy rate of 98.89% with a total of 10,177 managed units as of the end of April 2026.

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