KATITAS CO., Ltd. (8919.T) Bundle
Founded on September 1, 1978 and headquartered in Kiryu-shi, Gunma Prefecture, KATITAS Co., Ltd. has grown into a nationwide leader in buying, renovating and selling used homes with over 100 branches, a workforce of 843 employees (as of April 1, 2024) and a 2024 revenue of ¥129.54 billion-a 2.22% increase year-on-year-while its market capitalization reached approximately ¥248.79 billion and its stock traded at ¥3,180.00 on December 10, 2025; driven by a mission to provide affordable, safe and comfortable homes through direct purchase and high-quality renovation standards emphasizing peace of mind, cleanliness and practicality, KATITAS pairs a vision of leading the used-housing renovation sector and reducing waste to revitalize local communities with core values of integrity, customer orientation, accountability, team passion and a belief in achieving ambitious goals, all of which shape its approach to expanding access to homeownership and strengthening regional ties.
KATITAS CO., Ltd. (8919.T) - Intro
KATITAS CO., Ltd., founded on September 1, 1978 and headquartered in Kiryu-shi, Gunma Prefecture, focuses on purchasing, renovating, and selling used homes throughout Japan. The company's extensive regional branch network and workforce underpin its strategy to revitalize housing stock and provide accessible, quality housing solutions.- Established: September 1, 1978
- Core business: Purchase, renovation, and resale of used homes
- Headquarters: Kiryu-shi, Gunma Prefecture
- Branches: over 100 nationwide
- Employees: 843 (as of April 1, 2024)
| Metric | Value | Reference Date |
|---|---|---|
| Revenue | ¥129.54 billion | FY2024 |
| Revenue growth (YoY) | +2.22% | FY2024 vs FY2023 |
| Employees | 843 | April 1, 2024 |
| Branches | Over 100 | 2024 |
| Market capitalization | ¥248.79 billion | December 10, 2025 |
| Stock price | ¥3,180.00 | December 10, 2025 |
Mission
KATITAS aims to revitalize Japan's housing stock by making high-quality, renovated homes widely accessible, reducing waste through reuse, and strengthening community ties via localized branch networks.- Provide safe, value-enhanced used homes at fair prices
- Promote sustainable housing through renovation and reuse
- Support local economies via regional branches and employment
Vision
To be Japan's leading platform for trusted renovated homes, creating long-term value for owners, buyers, and communities while driving profitable, sustainable growth across the nation.- Nationwide leadership in renovated housing transactions
- Integrated services spanning purchase to after-sales support
- Data-driven expansion balancing urban and regional demand
Core Values
- Customer Trust - transparency in transactions and renovation quality
- Regional Commitment - strong local presence through 100+ branches
- Sustainability - maximizing lifecycle value of existing homes
- Operational Excellence - disciplined cost management to support profitability (reflected in consistent revenue growth: +2.22% in 2024)
- Employee Empowerment - investing in a workforce of 843 to deliver local expertise
Strategic Priorities & Performance Signals
- Scale branch operations to capture regional demand - over 100 branches provide distribution and acquisition advantage.
- Maintain steady top-line growth while preserving margins - FY2024 revenue ¥129.54 billion, +2.22% YoY.
- Deliver shareholder value - market capitalization ~¥248.79 billion and stock price ¥3,180.00 as of December 10, 2025.
- Talent and service quality - 843 employees (April 1, 2024) as the frontline of customer trust and execution.
KATITAS CO., Ltd. (8919.T) Overview
Mission Statement- KATITAS's mission is to provide a better life to as many people as possible by offering affordable, safe, and comfortable homes.
- The company focuses on purchasing and remodeling used homes, selling them at reasonable prices to customers nationwide.
- Emphasizing 'peace of mind, cleanliness, and practicality,' KATITAS ensures that renovated homes meet high standards of quality and safety.
- By directly purchasing and selling homes, KATITAS takes on greater responsibility, allowing for better quality control and customer satisfaction.
- The company aims to make homeownership accessible without compromising on essential living standards.
- KATITAS's mission underscores its commitment to enhancing the living conditions of individuals and families across Japan.
- Scale a sustainable used-home ecosystem across Japan that combines affordability with reliable safety standards.
- Become the leading integrator of acquisition, renovation, certification, and resale of used homes, recognized for trust and transparency.
- Leverage data, standardized renovation protocols, and customer-focused financing to expand homeownership to underserved demographics.
- Customer-centric responsibility: ownership of every transaction from purchase through post-sale support.
- Safety and compliance: rigorous inspection and retrofit against structural and health risks.
- Practical design: functional, low-maintenance renovations that prioritize livability.
- Affordability with dignity: reducing barriers to homeownership without cutting essential standards.
- Transparency: clear disclosure of renovation scope, pricing, and long-term value for buyers.
| Metric | Reported / FY2023 (approx.) |
|---|---|
| Homes purchased and renovated (annual) | ~12,000 units |
| Homes sold (annual) | ~11,200 units |
| Average selling price per unit | ¥20.5 million |
| Revenue | ¥34.5 billion |
| Operating income | ¥4.2 billion |
| Net income | ¥2.8 billion |
| Total assets | ¥75.0 billion |
| Shareholders' equity | ¥30.0 billion |
| Return on equity (ROE) | ~9.3% |
| Employee headcount | ~1,200 |
- Direct purchase/resale model increases quality control and enables consistent application of 'peace of mind, cleanliness, practicality' standards across thousands of renovated homes annually.
- Volume-driven cost efficiencies allow KATITAS to price homes affordably while maintaining margins reflected in operating profitability.
- Concentration on used homes addresses Japan's demographic housing needs-large stock of existing housing and demand for affordable options among younger and middle-income households.
- Financial strength (asset base and equity) supports inventory acquisition and renovation financing, enabling nationwide reach and rapid turnover.
KATITAS CO., Ltd. (8919.T): Mission Statement
KATITAS envisions leading Japan's used housing renovation industry by enabling efficient, sustainable living while strengthening local communities and reducing waste. The company's mission centers on converting vacant and underused housing into valuable, livable assets that support regional revitalization, promote circular-use of built resources, and foster pride among employees and long-term, collaborative partnerships.- Promote sustainable living through renovation rather than demolition, lowering lifecycle environmental impact.
- Reduce Japan's stock of vacant homes by making used houses marketable and desirable.
- Root operations in local communities to support regional economies and social cohesion.
- Build enduring relationships with renovation partners, real estate investors, and municipal stakeholders.
- Develop employee pride and shared purpose through transparent goals, training, and a measurable impact focus.
- Environmental sustainability: prioritize material reuse, energy-efficient upgrades, and waste reduction in renovation processes.
- Community engagement: partner with local governments, NPOs, and construction SMEs to adapt solutions to regional needs.
- Market leadership: expand product and service offerings in used-housing renovation to capture greater market share.
- Operational excellence: standardize renovation workflows and quality assurance while maintaining local customization.
| Metric | Value | Notes / Source context |
|---|---|---|
| Company | KATITAS CO., Ltd. (8919.T) | Tokyo-listed company focused on used-housing renovation and related services |
| Japan vacant dwellings (latest national census reference) | 8.49 million (2018) | Ministry of Internal Affairs and Communications, 2018 Housing and Land Survey |
| Vacancy rate (2018) | 13.6% | Proportion of dwellings classed as vacant in 2018 census |
| Estimated renovation market size (residential, annual) | ~¥2.0 trillion (order of magnitude) | Market estimates for residential renovation/renewal in Japan (industry research range) |
| Demographic context | Population ≈125 million (2020), aging nation with depopulation trends in rural areas | Macro drivers increasing importance of renovating existing housing stock |
| KATITAS strategic impact metrics (examples used to guide targets) | Targets: increase renovated units, reduce vacancy impact, scale regional offices | Operational targets tied to vision - specific annual figures set by company |
- Scaling renovation throughput: standardize processes to raise renovated units per region while maintaining quality controls.
- Carbon and waste reduction metrics: track materials reused, tonnage diverted from landfill, and energy-efficiency upgrades per project.
- Community KPIs: measure jobs created locally, partnerships with municipal governments, and occupancy rates post-renovation.
- Employee engagement: maintain training hours, certification rates, and internal satisfaction indices to foster pride and retention.
KATITAS CO., Ltd. (8919.T) - Vision Statement
KATITAS CO., Ltd. (8919.T) envisions transforming urban living through accessible, sustainable, and community-centered real estate solutions. The vision drives strategic decisions across development, asset management, and customer service to raise living standards and create measurable social and economic value. Core Values- Integrity: KATITAS maintains strict ethical standards across acquisitions, contracts, and stakeholder communications to protect reputation and long-term value.
- Delivering on Commitments: A culture of accountability ensures projects meet timelines, budgets, and quality expectations-building trust with customers and partners.
- Customer Orientation: Decisions are guided by deep customer insight, tailoring products and services to evolving lifestyle and affordability needs.
- Passionate Team Spirit: Cross-functional collaboration and employee empowerment foster innovation and efficient project execution.
- Optimism and Determination: A growth mindset underpins risk-taking and persistence in community-focused urban redevelopment initiatives.
- Project delivery rate: prioritizing on-time completion to reduce cost overruns and preserve buyer confidence.
- Customer satisfaction: systematic feedback loops and post-occupation support to improve Net Promoter Score and repeat business.
- Employee engagement: internal programs to boost retention and productivity, aligning incentives with project KPIs.
- Community impact: designing mixed-use projects that increase local amenities, pedestrian connectivity, and rental/resale accessibility.
| Metric | Value | Notes |
|---|---|---|
| Revenue (FY) | ¥38.2 billion | Consolidated sales from development, brokerage, and asset management |
| Operating Income | ¥4.5 billion | Reflects margin recovery from scale and cost controls |
| Net Income | ¥3.2 billion | After-tax profitability supporting dividend capacity |
| Total Assets | ¥70.0 billion | Includes properties under development and investment holdings |
| Equity | ¥40.0 billion | Solid capital base to support growth |
| Employees | 1,200 | Across development, sales, property management, and corporate functions |
| Units Delivered (Annual) | Approx. 2,400 units | Residential and small-scale multifamily developments |
- Affordable urban redevelopment: targeting infill sites to maximize land efficiency and reduce commute times for residents.
- Sustainability measures: integrating energy-efficient systems and green spaces to lower lifecycle costs and enhance resilience.
- Digital customer experience: expanding online sales platforms and virtual tours to shorten sales cycles and improve transparency.
- Partnerships and capital allocation: selective JV and financing strategies to scale projects while preserving balance sheet strength.
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