Papanets targets expansion in property management support sector

Papanets (TSE:9388) announced its mid-term business plan, targeting significant growth in the property management support sector. The company plans to leverage its existing strengths in providing cost-effective and streamlined services to property managers. By the end of fiscal year 2027, Papanets aims to increase its market share in the property management support sector to over 1% and expects revenue to reach ¥6.2 billion. The company will also focus on expanding its network of freelance partners by 10% annually and developing new services to solve customer issues. Papanets projects net income to increase to ¥279.5 million by 2027.