One Reno Network Holds Discussion Meeting on Housing Equipment Delivery Delay Risks Amid Middle Eastern Tensions

On Thursday, May 14, 2026, the 'One Reno Network,' a franchise business operated by F-Stage Co., Ltd. (Headquarters: Bunkyo-ku, Tokyo; Representative Director: Masayoshi Fujishima), conducted a 'One Reno Workshop: Information Exchange on Countermeasures for the Buy-Sell Business Against Housing Equipment Delivery Delays Due to Middle Eastern Tensions.'

One Reno Network regularly provides venues for information sharing using its corporate network to contribute to business growth in response to changes in social and market environments.

## Background of the Discussion Meeting
Currently, there is increasing uncertainty in the distribution of housing equipment and various materials due to the situation in the Middle East. In response to this situation, we provided a forum for buy-sell business operators belonging to the One Reno Network to exchange information.

On the day, 38 representatives from 21 companies participated, sharing their views and initiatives regarding current housing equipment order and delivery status, as well as associated purchasing and sales countermeasures.

Fujishima, representative of F-Stage, commented on the intent of the meeting: 'Many of the companies leading the industry in the Tokyo metropolitan area are members of the One Reno Network, and I believe the sharing of each company's initiatives was very useful for the future countermeasures of the workshop participants.'

One Reno Network plans to regularly hold such information exchange meetings to further expand market share and strengthen the performance of member companies and the corporate network.

## About One Reno Network, No. 1 in Tokyo Metropolitan Share
'One Reno Network' is a franchise business specialized for apartment buy-sell business operators, operated by F-Stage.

F-Stage supports the growth of its member companies by providing practical know-how of the buy-sell business it has cultivated, offering sales support systems, and creating venues for information exchange among member companies, such as this discussion meeting.

Celebrating its 8th year, the number of member companies is now 67, forming a network joined by companies leading the buy-sell business in the Tokyo metropolitan area, including Residential Real Estate, Hanabishi Real Estate, and Enlead Real Estate.

The annual sales volume of member companies is 3,725 units (*1), achieving the No. 1 share in the Tokyo metropolitan area (*2). This volume is equivalent to one month's worth of used apartment contracts in the Tokyo metropolitan area (*3). Furthermore, member companies' properties account for 16.1% of all properties sold by buy-sell business operators (*4).

F-Stage will continue to work toward realizing our vision of a 'housing market where people can choose with peace of mind,' while raising our standards together with our One Reno Network member partners.

*1: 2025 fiscal year results (Total sales contracts of One Reno Network member companies from April 2025 to March 2026)
*2: Percentage of sales contracts by One Reno Network member companies in total sales contracts in the Tokyo metropolitan area for fiscal year 2025 (Internal research)
*3: 49,314 used apartment sales contracts in fiscal year 2025 (East Japan Real Estate Information Network, 'Trends in the Tokyo Metropolitan Real Estate Distribution Market (Fiscal 2025)')
*4: 23,207 total sales contracts in fiscal year 2025 (Internal research)