AMBITION DX HOLDINGS Co., Ltd.
3300・Growth Market・Real Estate
Rental DX Property Management Business
The Group's core sublease business. DX enables both high occupancy and profitability
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (Cumulative Q3 FY2026, ending June 2026) | ¥17,434 million | ¥15,938 million (Cumulative Q3 FY2025, ending June 2025) | ↑ |
| Segment Profit (Operating Profit) (Cumulative Q3 FY2026, ending June 2026) | ¥2,211 million | ¥1,678 million (Cumulative Q3 FY2025, ending June 2025) | ↑ |
| Number of Managed Units (End of Q3 FY2026, ending June 2026) | 28,524 units | 27,360 units (End of Q3 FY2025, ending June 2025) | ↑ |
| Number of Sublease-Managed Units (End of Q3 FY2026, ending June 2026) | 16,687 units | 15,413 units (End of Q3 FY2025, ending June 2025) | ↑ |
| Sublease Occupancy Rate (End of Q3 FY2026, ending June 2026) | 97.5% | 98.3% (End of Q3 FY2025, ending June 2025) | ↓ |
Business Details
The core business borrows properties from real estate owners with rent guarantees and subleases them to general consumers, also handling tenant recruitment agency and move-out restoration work. As an independent sublease operator, the business primarily serves investment property sales companies that lack their own leasing brokerage function, with operational efficiency and high occupancy maintenance achieved through the proprietary rental management system "AMBITION Cloud" serving as the source of competitive advantage. The Company, Veritas Investment, Ambition Valor, Friend Works, and Room Guarantee are responsible for this business.
Recent Overview
Both managed units and profit increased year-on-year, occupancy rate maintained at a high level of 97.5%
For the cumulative nine months of FY2026 (ending March 2026), net sales reached ¥17,434 million (up 9.4% year-on-year) and segment profit reached ¥2,211 million (up 31.8% year-on-year), achieving substantial profit growth. The number of managed units expanded steadily to 28,524 units (up 1,164 units year-on-year), and sublease-managed units reached 16,687 units (up 1,274 units year-on-year). Productivity improvements from AMBITION Cloud and enhanced leasing capabilities through personnel investment proved successful, maintaining the sublease occupancy rate at a high level of 97.5% (a slight decline from 98.3% at the end of the same period last year).
Key Products
Growth Drivers
- Continued growth in the number of managed units and sublease-managed units (as of the end of Q3 FY2026, ending June 2026: 28,524 managed units, 16,687 sublease-managed units)
- Operational efficiency, productivity improvement, and reduced recruitment costs through AMBITION Cloud
- Improved leasing capability through personnel investment, maintaining an occupancy rate above the industry average (97.5%)
- Favorable demand environment including increasing single-person households in the greater Tokyo area and expanding residential demand from wealthy overseas individuals
- Priority guidance of tenants to the Company's own properties through collaboration with the Leasing Brokerage Business (Group synergy)
- Maximizing LTV and improving tenant engagement through the tenant DX app "AMBITION Me"
Risks
- Rising borrowing costs due to interest rate increases and impact on the real estate market
- Risk of profitability deterioration due to rising vacancy rates and falling rents (decline in net realizable value of inventory)
- Rising restoration costs and other expenses due to surging construction material and labor costs
- Intensifying price competition in the sublease market from competitors
- Impact on business operations from tightening regulations (sublease business regulations, Real Estate Brokerage Act, etc.)
Last updated: September 24, 2025