GA technologies Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director, President and CEO: Ryo Higuchi; Securities Code: 3491; hereinafter referred to as "the Company") concluded a syndicated loan agreement on March 31, 2026, arranged by Sumitomo Mitsui Banking Corporation (Headquarters: Chiyoda-ku, Tokyo; President and CEO (Representative Director): Akihiro Fukutome; hereinafter referred to as "SMBC"). This financing was made possible because SMBC and other participating banks highly evaluated the Company's track record in utilizing and promoting AI and data in the real estate domain, as well as its future impact on the industry. The funds will be allocated to future system development investments.
◆ Purpose and Background of this Funding Under the corporate philosophy of "Creating inspiration and excitement through technology × innovation, and moving the world forward," the Company has been striving to reform various industries, focusing on real estate. In the AI real estate investment "RENOSY" within the RENOSY Marketplace business, the Company has leveraged technology to support customers in building assets through real estate in a "safe, simple, and optimal" manner. The Company provides a new form of asset building, such as achieving the No. 1 position nationwide in both sales and purchase volume (*1) in investment real estate. Furthermore, in the ITANDI business, the Company offers a suite of services centered around ITANDI BB that streamlines a series of operations related to real estate leasing and trading transactions.
The conclusion of this syndicated loan agreement was achieved due to the high evaluation of the Company's "intangible assets," such as the track record of data accumulation and business growth through this "Real × Technology" approach, as well as the services and technological capabilities utilizing the Company's AI and data. The funds raised through this transaction will be allocated to system development investments in the RENOSY Marketplace business and the ITANDI business, striving for further improvement in customer satisfaction.
◆ Overview of this Funding Contract Form: Syndicated loan type term loan Date of Contract: March 31, 2026 Contract Period: 4 years Amount Structured: 1.5 billion yen Arranger: Sumitomo Mitsui Banking Corporation Participating Financial Institutions: Sumitomo Mitsui Banking Corporation, The Ashikaga Bank, Ltd., The Towa Bank, Ltd. Use of Funds: System development investment funds for the RENOSY Marketplace business and ITANDI business Collateral Details: Unsecured, unguaranteed
◆ Comment from Shunji Goto, Executive Officer and VP of Finance, GA technologies I am extremely pleased that banks, including SMBC, have evaluated our track record of promoting services based on AI and data, the value of our technology, and the future potential of our business. While investment in intangible assets in Japan is still at a low level compared to Western countries, I believe this case will serve as an opportunity for more people to realize the importance of intangible assets. The Company will continue to promote businesses utilizing technology and strive for the sustainable enhancement of corporate value.
(*1) GA technologies Co., Ltd. "RENOSY, an AI real estate investment, achieved No. 1 nationwide for two consecutive years in sales performance of investment condominiums and apartments" (Announced on March 31, 2026) https://www.ga-tech.co.jp/news/wherjxrzxv88n_r/ *Company names, organization names, and product/service names mentioned in this press release are registered trademarks or trademarks of their respective companies.
◆ Sumitomo Mitsui Banking Corporation Overview Company Name: Sumitomo Mitsui Banking Corporation Representative: Akihiro Fukutome, President and CEO (Representative Director) URL: https://www.smbc.co.jp/ Headquarters: 1-1-2 Marunouchi, Chiyoda-ku, Tokyo Established: April 2001 Business Activities: Banking
◆ GA technologies Overview Company Name: GA technologies Co., Ltd. Representative: Ryo Higuchi, Representative Director, President and CEO URL: https://www.ga-tech.co.jp/ Headquarters: 40F Sumitomo Fudosan Roppongi Grand Tower, 3-2-1 Roppongi, Minato-ku, Tokyo Established: March 2013 Business Activities: - Development and operation of AI real estate investment "RENOSY" - Development and operation of "ITANDI," a BtoB platform for the real estate industry - Development of platform businesses in the PropTech domain Major Group Companies: A total of 30 companies including ITANDI, Inc., and RW OpCo, LLC *In addition, 28 companies under RW OpCo, LLC
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- Source: PR TIMES
- Category: News