Innovation Holdings CO. LTD.
TTSE:34841,224.00
JPY
+7.00
(+0.58%)
ISIN
JP3547690002
Return %
Stock
S&P 500
1Y
14.07
14.20
3Y
9.97
81.12
5Y
31.75
68.34
Capital Structure
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•
in mil. unless spec.Working Capital
JPY
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in mil. unless spec.Growth Rates
JPY
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in mil. unless spec.Quarterly Revenue
JPY
•
in mil. unless spec.Quarterly Earnings Per Share
JPY
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in mil. unless spec.Quarterly Dividends Per Share
JPY
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in mil. unless spec.Company Description
- CEO
- Yasuo Hara
- Full Time Employees
- 196
- Sector
- Finance
- Industry
- Real estate development
- Address
- JR Shinjuku Miraina Tower Tokyo TY Japan 160-0022
- IPO Date
- Oct 25, 2017
- Website
- tenpo-r.co.jp
- Similar Companies
- Business
- Tenpo Innovation Co., Ltd. Tenpo Innovation CO.,LTD. (TSE Prime: 3484) operates as a real estate company specializing in the subleasing of restaurant properties, primarily fully furnished "inuki" stores in central Tokyo areas; it generates revenue from recurring sources such as rental income, renewal fees, and rent guarantees through its subsidiary Safety Innovation Inc., alongside one-off income including key money, fixture sales, and real estate trading via Asset Innovation Inc.; the company manages 2,706 subleased properties, boasts 98,276 registered prospective tenants, and achieves approximately 488 new contracts annually as of 2024, supported by platforms like TENPOKAITORI.com for store buy-backs and INUKITENPO.com for property listings, while providing property management services encompassing rent collection, troubleshooting, and maintenance to minimize operational burdens for property owners, real estate agents, and restaurant operators. Headquartered in Tokyo, Japan, and founded in 2005 as a spin-off from restaurant management activities (originally tracing roots to 2001), Tenpo Innovation focuses on small to medium-sized, low-rent, vacated-furnished restaurant properties in prime urban locations, leveraging expertise in property evaluation, procurement networks with real estate brokers, credit screening, and rapid matching to enable quick restaurant openings with reduced setup costs; it serves restaurant owners, real estate owners, and agents across Japan, with a concentration in Tokyo's high-demand districts benefiting from inbound tourism and recovering foot traffic. In October 2024, the company transitions to a holding company structure under Innovation Holdings Inc., establishing independent operating subsidiaries—Tenpo Innovation Inc. for restaurant subleasing, Asset Innovation Inc. for real estate trading (handling property purchases, sales, and development with 27 properties sold to date at an average holding period of 7.5 months), and Safety Innovation Inc. for rent guarantees (virtually 100% operating profit margin, expanding beyond subleased properties)—to optimize resource allocation, foster management talent, and develop these as second and third revenue pillars alongside continued growth in subleasing; this follows FY03/24 results of record revenue JPY14.3bn (+9.1% YoY) from 2,445 subleased properties and 466 contracts, despite profit pressures from procurement costs and personnel investments, with FY03/25 guidance targeting JPY16.8bn revenue (+18.1%) and a new medium-term plan through FY03/28 aiming for JPY25.6bn revenue via sales expansion, IT enhancements, synergies, digital transformation, and subsidiary empowerment.