SHARINGTECHNOLOGY.INC
3989・Growth Market・Information & Communication
"Life's Troubles" Business
A single business domain comprised of two segments: WEB matching for resolving life's troubles, and in-house construction
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (cumulative interim period) | ¥4,328 million | ¥3,760 million | ↑ |
| Operating profit (cumulative interim period) | ¥973 million | ¥888 million | ↑ |
| Profit attributable to owners of parent (cumulative interim period) | ¥669 million | ¥592 million | ↑ |
| Basic earnings per share (interim) | ¥27.97 | ¥25.55 | ↑ |
| Platform Business revenue (external customers, cumulative interim period) | ¥3,059 million | ¥2,995 million | ↑ |
| In-house Construction Business revenue (external customers, cumulative interim period) | ¥1,268 million | ¥765 million | ↑ |
| Platform Business segment profit (cumulative interim period) | ¥1,418 million | ¥1,207 million | ↑ |
| In-house Construction Business segment profit (cumulative interim period) | ¥64 million | ¥101 million | ↓ |
| Ratio of equity attributable to owners of parent | 69.64% | 69.33% | ↑ |
| Full-year revenue forecast | ¥9,800 million (up 14.2% year-on-year) | ¥8,582 million | ↑ |
| Full-year operating profit forecast | ¥3,650 million (up 76.0% year-on-year) | ¥2,074 million | ↑ |
Business Details
The business is composed of two segments: the "Platform Business," which matches users facing life troubles such as lock-outs, water leaks, and renovations with franchise stores nationwide through the portal site "Seikatsu 110-ban" and approximately 150 Vertical Media Sites, and the "In-house Construction Business," in which the Group acts as the prime contractor to provide construction services end-to-end. Case management is centralized through a 24/7, 365-day call center and the proprietary system "Mover," employing a performance-based/referral-fee-based billing model.
Recent Overview
In-house Construction Business expanded rapidly, up 65.7% year-on-year; subsidiarization and business transfer executed as subsequent events
In the interim period of FY2026 (ending March 2026, October 2025 through March 2026), revenue was ¥4,328 million (up 15.1% year-on-year) and operating profit was ¥973 million (up 9.6% year-on-year), reflecting increased revenue and profit. External revenue from the In-house Construction Business expanded rapidly to ¥1,268 million, up 65.7% from ¥765 million in the same period of the prior year, while segment profit for that segment declined to ¥64 million (from ¥101 million in the same period of the prior year). As subsequent events, effective April 1, 2026, the company made Lifeline Co., Ltd. (architectural design/construction and home renovation) a wholly owned subsidiary, and transferred the "Franchise no Madoguchi" business to OZ Vision Corporation (gain on business transfer of ¥1,449 million), accelerating the concentration of management resources into the "Life's Troubles" Business. The full-year earnings forecast remains unchanged (revenue of ¥9,800 million, operating profit of ¥3,650 million).
Key Products
Growth Drivers
- Rapid expansion of the In-house Construction Business (external revenue for the interim period: from ¥765 million in the same period of the prior year to ¥1,268 million, up 65.7% year-on-year)
- Expansion of the in-house construction framework through the full subsidiarization of Lifeline Co., Ltd. (architectural design/construction and home renovation) (April 1, 2026)
- Selection and concentration of management resources into the "Life's Troubles" Business following the transfer of the "Franchise no Madoguchi" business
- Expansion of latent demand driven by the increase in elderly single-person households amid declining birthrate and aging population
- Improved WEB customer acquisition capability through enhanced listing ads and organic search
- Operational efficiency and service quality improvements through enhanced functionality of the proprietary system "Mover"
Risks
- Increasing difficulty in construction quality control and personnel recruitment amid the rapid expansion of the In-house Construction Business (interim segment profit declined 36.4% year-on-year to ¥64 million)
- Risk of increased construction costs and declining service quality among franchise stores due to rising prices and worsening labor shortages
- Risk of system failures and cyber-attacks due to dependence on the WEB platform
- Risk of increased customer acquisition costs due to rising listing advertisement expenses
- Deterioration of consumer sentiment due to macro environment changes such as U.S. trade policy trends and Middle East geopolitical risks
- Risk of slowing Platform Business revenue growth rate following the transfer of the "Franchise no Madoguchi" business (interim external revenue up 2.1% year-on-year)
Last updated: December 22, 2025