Katitas Co., Ltd. (President and CEO: Kenji Arai, Head Office:桐生 City, Gunma Prefecture, Securities Code: 8919; hereinafter 'Katitas'), which operates a used home purchase and renovation business, announces that it has been designated by Okayama City as a 'Vacant House Management and Utilization Support Corporation' (Okayama Construction Designation No. 288) effective June 8, Reiwa 8. This designation is based on Article 23, Paragraph 1 of the Special Measures Law for Promoting Countermeasures Against Vacant Houses (Act No. 127 of 2014) and marks the first such designation for the company.

Okayama City Official Website (List of Vacant House Management and Utilization Support Corporations): https://www.city.okayama.jp/kurashi/0000054636.html

Background of the Designation

The number of vacant houses is increasing annually across Japan, and Okayama City is no exception. Vacant houses left unmanaged not only degrade the local landscape and compromise safety and security but also impose significant maintenance burdens on their owners.

Examples of Properties Regenerated by Our Company

Main Activities as a Designated Corporation

Based on this designation, Katitas will undertake the following activities:

Consultation services regarding vacant houses

Public awareness and education on the management and utilization of vacant houses

Collaboration with local government and communities to prevent the emergence of new vacant houses

To date, Katitas has focused its business on connecting 'vacant houses to someone else’s future lifestyle' through the renovation and circulation of used homes. With this designation, we will take on an even greater responsibility in addressing vacant house issues in Okayama City.

Company Overview

Company Name: Katitas Co., Ltd.

Headquarters:

【Head Office】4-2 Mihamamachi,桐生 City, Gunma 376-0025

【Tokyo Head Office】PMO Hatchobori Shinkawa 9F, 2-9-11 Shinkawa, Chuo-ku, Tokyo 104-0033

Representative: President and CEO Kenji Arai

Capital: ¥3,778,871,000 (as of March 31, 2024)

Listed Market: Tokyo Stock Exchange Prime Market (Securities Code 8919)

URL: https://katitas.jp/

FACT BOX

  • Source: PR TIMES
  • Category: Partnership