With the expansion of the transaction volume of the RENOSY Marketplace business, the amount of products procured at a higher procurement cost has increased, and this has led to the increase in transactions with low gross profit margin than initially planned, and has resulted in the downward adjustment of EBITDA and operating profit.
85,000
3,878
2,455
FY10/21
FY21/10
FY21/10
FY21/10
FY21/10
FY21/10
(Initial projection)
(Revised)
(Initial projection)
(Revised)
(Initial projection)
(Revised)
[Disclaimer] Note that this material has been prepared based on information available at the time, which may differ from the latest information.
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original document
Permalink
Disclaimer
GA Technologies Co. Ltd. published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2021 06:31:02 UTC.
GA Technologies Co Ltd is a Japan-based company principally engaged in the development and operation of the used real estate distribution platform Renosy. In the Renosy business, the Company is engaged in the buying, selling and brokerage of used real estate through the matching portal Website, as well as the management business, such as agreement of rental property and collection agency. In this business, the Company is also engaged the planning, design, construction management of renovation, as well as the development and operation of applications that provides information and asset management to members. The Company is also involved in the development and management of the real estate task support tool Tech series making use of (artificial intelligence) AI and the development and the application Renosy Insight for real estate owners.