Haseko

What Haseko does

Haseko Corporation (株式会社長谷工コーポレーション, TSE: 1808) is Japan's leading condominium construction company, holding the #1 position in cumulative condominium construction volume nationally with dominant shares in the Tokyo Metropolitan Area and Kansai region. Founded in 1937 and headquartered in Minato-ku, Tokyo, the company operates an integrated design-build model applied to 95% of its condominium projects, underpinned by its proprietary Haseko版BIM — a 3D Building Information Modeling system tailored specifically for condominium design and construction workflows.

The company's revenue is generated across six principal streams: condominium construction (general contracting), condominium and real estate development (sale of built inventory), condominium management (recurring fees from managing associations and landlords — 520,000+ units under group management), large-scale repair and renovation, senior living operations, and overseas development in Hawaii and Vietnam. Its business model combines transactional project revenue (development, construction, renovation) with recurring annuity-like revenue (management, senior living, insurance distribution through Haseko Links). Customers span individual homebuyers, condominium associations, and corporate clients including developers and businesses requiring commercial real estate or employee housing. The integrated group network of 15+ wholly-owned subsidiaries covers the entire residential lifecycle from land acquisition through long-term management.

Haseko's go-to-market is sales-led and B2B/B2C hybrid, with condominiums sold directly through group sales subsidiaries (Haseko HFD, Haseko Sumai, Haseko Home) and corporate real estate handled through dedicated teams. Technology investments include the proprietary Haseko版BIM platform (used across nearly all projects), WinActor RPA and DXSuite AI-OCR for office automation (delivered via subsidiary Haseko Links, rebranded from Haseko Systems in April 2026), and VR/AR tools for property sales visualization. The company is currently executing a medium-term evolution plan launched in April 2025 to expand overseas operations, evidenced by its April 2026 minority investment in U.S. operator Trinsic Residential Group — its first operating platform investment in the U.S. since re-entering that market in 2019.

Name

Haseko

Legal name

株式会社長谷工コーポレーション (Haseko Corporation)

Website

https://haseko.co.jp

Company type

Public

Founded year

1937

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Haseko Corporation is Japan's #1 condominium construction company, operating an integrated design-build model using proprietary BIM technology to serve individual homebuyers, corporate clients, and condominium associations across development, construction, property management (520,000+ units), renovation, and senior living.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development and Construction

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), New Housing For-Sale Builders (236117), New Single-Family Housing Construction (except For-Sale Builders) (236115), Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Single-Family Home Construction (Detached Homes) (IMAFABAA), Senior Living & Assisted Living Facility Construction (IMAFACAJ), HOA / Condominium Association Management (BPAJAFAH), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Condominium construction
• Real estate development
• Property management services
• Large-scale building renovation
• Senior housing operations

Headquarters

HQ city

Minato

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. マンション施工 (Condominium Construction): Core revenue from general contracting and construction of condominiums and residential buildings for developers and for Haseko's own development arm. Revenue recognized on a project basis.
2. マンション分譲・房地产开发 (Condominium & Real Estate Development): Development and sale of condominiums and other residential properties, both for individual buyers and investors. Revenue recognized upon unit sales.
3. マンション管理 (Apartment Management): Property management services for condominiums (both sold and rental), providing recurring management fees from managing residential associations and landlords.
4. 大規模修繕・リフォーム (Large-scale Repair & Renovation): Building renewal services including major repairs, unit renovations, and seismic retrofits for existing condominiums.
5. シニア関連事業 (Senior Living): Operation of fee-based senior housing (assisted living facilities) and day care services, generating recurring revenue from resident fees.
6. 海外事業 (Overseas Business): Residential and resort development in Hawaii, USA and service apartments in Hanoi, Vietnam, generating revenue from property sales and rental income.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Haseko Corporation designs, develops, and constructs condominium and residential housing projects in Japan through an integrated design-build model that uses its proprietary Haseko版BIM 3D system. The group delivers the full residential lifecycle through subsidiaries, including condominium property management (520,000+ units under management), large-scale repair and renovation, senior living operations, real estate brokerage, and insurance services. Overseas operations include residential and resort development in Hawaii (Hoakalei Residences) and Japanese-quality service apartments in Hanoi, Vietnam (THE AUTHENTIC).

Product overview

Haseko Corporation is a diversified real estate and construction conglomerate offering integrated development, construction, and management services for residential properties. The company operates through multiple business segments including core condominium development and construction, apartment management services, senior living facilities, and international operations. Digital services are delivered through subsidiary Haseko Links, which provides technology solutions including Construction BIM for 3D design and construction management, DX Solutions combining RPA and AI-OCR for process automation, and Sales Support Digital Tools encompassing VR, drone photography, and AR for property marketing. The portfolio spans physical real estate services and digital technology offerings that serve both internal operations and external clients.

Differentiator

Problem solved

Functional benefit

Brands

• THE AUTHENTIC: Japanese-quality service apartment brand operated by Haseko in Vietnam, Hanoi
• ivi house
• CRI (Comprehensive Real Estate Information)
• Hoakalei Residences
• たなかみ米 (Tanakami Rice)
• ブランシエラクラブ (Brancieraclub)

Products and services

• Condominium Construction (General Contracting) General contracting and construction of condominium and residential buildings, using Haseko's integrated design-build model and proprietary Haseko版BIM system for 95% of projects. Serves developers and Haseko's own development arm.
• Condominium Development and Sales Development, marketing, and sale of condominium units built by Haseko, sold directly to individual buyers for residential or investment use.
• Condominium Property Management Services Property management, maintenance, and administration services for condominium associations and rental properties, covering 520,000+ units across Japan through Haseko Community, Haseko Community West Japan, Haseko Community Kyushu, and Haseko Community Okinawa.
• Large-Scale Repair and Renovation Services Major repairs, unit renovations, seismic retrofits, and reform services for existing condominium buildings, delivered by Haseko Reform.
• Senior Living Facility Operations Fee-based senior housing (assisted living) and day care services operated by Haseko Senior Holdings, generating recurring resident fees.
• Single-Family Home Construction and Sales (Haseko Home) Design, construction, and sale of single-family detached homes and related housing services through the Haseko Home subsidiary.
• Real Estate Brokerage Services Used condominium and existing home brokerage, commissioned sales, trust property management, and real estate distribution services through Haseko Fudosan (Real Estate) and Haseko Avest.
• Insurance Agency Services Personal, corporate, and condominium-association insurance products distributed as an agency representing AIG Sompo, Tokio Marine, Mitsui Sumitomo, Sompo Himawari Life, AFLAC, and 20+ other insurers via Haseko Links.
• THE AUTHENTIC Service Apartments (Hanoi, Vietnam) Japanese-quality service apartments in Hanoi, Vietnam, targeted at Japanese corporate clients and expatriates, offering Japanese-language customer service and property management.
• Hoakalei Residences (Hawaii) Residential resort community brand in Hawaii developed by Haseko America, encompassing condominium units, hotel, an 18-hole golf course, and approximately 21 hectares of lagoon within the 448-hectare Ewa master-planned community.

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• EcoBa Co., Ltd. (ベトナム・エコバ社)coreStrategic or Co-development Partner · 1 January 2020In 2020, Haseko partnered with Vietnamese construction company EcoBa Co., Ltd. to strengthen its residential construction business in Vietnam. EcoBa serves as a local construction partner supporting the delivery of Japanese-quality residential projects in Hanoi, complementing Haseko's design and development capabilities. This partnership enables the execution of THE AUTHENTIC service apartment project and future residential developments.
• HASEKO LHT COMPANY LIMITEDcoreOthersHASEKO LHT COMPANY LIMITED is the local operating entity for THE AUTHENTIC service apartment project in Hanoi, Vietnam. It handles reservations, property management, and Japanese-language customer service for Japanese expatriates and corporate clients staying in the service apartments. Japanese-language support is provided at the property.
• HIMLAMBC (Vietnam)minorOthersHIMLAMBC (himlambc.com.vn) is identified as a co-branding partner on THE AUTHENTIC website, likely representing the local Vietnamese development partner or landowner for the Long Bien project area in Hanoi.
• Azcom Data Security Co., Ltd. (株式会社アズコムデータセキュリティ)coreStrategic or Co-development PartnerHaseko Links (長谷工リンクス) operates a joint storage/document management business with Azcom Data Security Co., Ltd., part of the Maruwa Transport Kikan group. This partnership leverages Azcom's expertise in secure document storage and logistics, combined with Haseko Links' customer base and document handling capabilities. The partnership provides disaster-resistant storage facilities in Chichibu (Saitama) and Sakai-Mihara (Osaka) areas.
• Trunk Co., Ltd. (株式会社トランク)minorStrategic or Co-development PartnerIn 2018, Kasikosh partnered with Trunk Co., Ltd. to offer trunk-style home storage services in Haseko-managed condominiums. This partnership enables delivery of cloud-based storage services (CARAETO) to residents, combining Trunk's storage platform with Kasikosh's residential customer base.
• HOUSE REVO Corporation (ハウスレビオ株式会社)minorStrategic or Co-development PartnerIn February 2026, Kasikosh and HOUSE REVO Corporation launched a joint venture service called 'おうちまるごと買取' (Complete Home Purchase), integrating real estate disposal with residual furniture/asset clearance. This addresses Japan's vacant home problem and consumer protection from visiting purchase scams, by offering a one-stop solution for selling both the property and remaining belongings.
• Eco Earth Co., Ltd. (株式会社エコアース)minorStrategic or Co-development PartnerIn December 2025, Kasikosh entered a capital and business partnership with Eco Earth Co., Ltd. to strengthen its indoor clearing and reuse business. Haseko Anesis (a group company) made a strategic investment in Eco Earth in January 2026 to expand the reuse and recycling service capabilities.
• Insurance partner network (multiple)coreOthersHaseko Links operates as an insurance agency representing multiple insurance companies including AIG Sompo, Tokio Marine, Mitsui Sumitomo, Sompo Himawari Life, AFLAC, and approximately 20+ other life and non-life insurers. These are standard insurance distribution partnerships where Haseko Links acts as a sales agent for insurance products targeted at individuals, corporations, and condominium management associations.

Scale indicators5 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Sumitomo Realty & Development Co., Ltd. One of Japan's largest condominium developers with deep exposure to Tokyo and a full development-construction-sales-management value chain; competes head-to-head with Haseko in the Tokyo metropolitan condominium market.
• Tokyu Land Corporation: Major Tokyo-based real estate developer with significant condominium construction and urban redevelopment projects; directly comparable to Haseko's core condominium business in the Tokyo metropolitan area.
• Tokyo Tatemono Co., Ltd. Japanese real estate developer with substantial condominium construction and large-scale urban redevelopment; named alongside Haseko as a Japanese investor in Australian real estate, indicating a similar strategic posture.
• Mitsui Fudosan Co., Ltd. One of Japan's largest and most diversified real estate developers with major condominium construction, leasing, and management operations; competes directly with Haseko in premium Tokyo condominiums and the broader residential market.
• Nomura Real Estate Holdings, Inc. Japanese real estate developer with significant condominium construction and sales (PROUD brand), plus property management and real estate services; directly comparable to Haseko across the residential value chain.
• Mori Trust Co., Ltd. Japanese real estate developer focused on premium office, hotel, and residential properties including high-end condominiums; comparable to Haseko in the premium Tokyo condominium segment and large mixed-use developments.
• Anabuki Kosan Inc. Japanese real estate developer with condominium construction focused on regional markets and Shikoku; competes in the same core condominium construction vertical as Haseko but with greater regional diversification outside Tokyo.
• Leopalace21 Corporation: Japanese company focused on rental apartments and multi-family residential construction and management; closely comparable to Haseko's multi-family residential construction and management businesses.
• Open House Group Co., Ltd. Japanese residential developer with strong focus on Tokyo metropolitan single-family homes and condominiums; competes with Haseko for Tokyo-area residential buyers and land, with a similarly aggressive land-acquisition-driven model.

Broad incumbents

• Daiwa House Industry Co., Ltd. Japan's largest homebuilder with a broad portfolio spanning single-family, rental, commercial, and condominium construction; broader and more diversified than Haseko, but a major competitor in residential development and construction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/hls_workwell
• LinkedInlinkedin.com/company/haseko-corporation

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Haseko