TOKYO, Apr 13 (Pulse News Wire) – LANDNET Inc. (2991.T) reported its real estate transactions and performance for March 2026.
The company's property sales division recorded 707 transactions, generating revenues of ¥10.60 billion (down 23% compared to the same month last year). In addition, the company’s “” service, which provides warranty coverage for property defects and rental contract issues, saw cumulative claims totaling 786 cases since August 2020. Among these, properties over 30 years old accounted for 81% (638 cases).
Defect repair costs were highest for plumbing at 23%, followed by bathroom units at 19%, and water heaters at 14%. Regarding the property management sector, LANDNET managed a total of 10,045 units as of the end of March 2026, maintaining an occupancy rate of 99.10%. The company has sustained occupancy rates exceeding 98% for eleven consecutive years through accurate rent setting and leveraging its network of brokers.
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