What Takara Leben does

Takara Leben Co., Ltd. (株式会社タカラレーベン) is the core real estate operating entity of MIRARTH Holdings Group, headquartered at Tekko Building, 1-8-2 Marunouchi, Chiyoda-ku, Tokyo. The company develops and sells new condominiums under the LEBEN, THE LEBEN, and NEBEL brands, supplies detached housing via LEBEN PLATZ, and operates a diversification portfolio spanning rental apartments (LUXENA), compact office buildings (L.Biz), hotel operations (HOTEL THE LEBEN and Nasu Muku no Ne resort), whole-building renovation (Lē Art), and Southeast Asian condominium projects (including THE MINATO RESIDENCE in Haiphong, Vietnam). It is ranked #5 nationwide among Japanese condominium developer groups by units supplied (2025, Real Estate Economic Institute), with cumulative supply of 656 properties and more than 45,000 units, plus 80,581 units under property management through subsidiaries Leben Community, Leben Trust, Takara Leben Realnet, and Leben Zestock.

The company monetizes primarily through transaction-based condominium sales complemented by recurring rental and property-management fees, with 251–500 employees supporting direct-sale model rooms and a nationwide branch network across Tokyo, Kanazawa, Nagoya, Sendai, Sapporo, Fukuoka, Osaka, and Matsuyama, plus representative offices in Hanoi, Manila, and Bangkok. Its proprietary technical platform centers on building-science rather than software: the MIRARESI disaster-prevention system (solar panels plus storage batteries powering water and electricity during outages) is being standardized across all new LEBEN and NEBEL properties from April 2026, and the portfolio is migrating to ZEH (Net Zero Energy House) certification across condominiums and ZEB Ready/6-star BELS on commercial assets. The current entity traces its corporate lineage to the August 1989 founding of Ninomiya Bussan in Matsuyama, became a wholly-owned subsidiary of MIRARTH Holdings on October 1, 2022, and is led by Representative Director, President Executive Officer Shoichi Akisawa with Chairman Yoshio Murayama as founder-linkage to the original 1972 Takara Komuten.

Revenue is not separately disclosed at the Takara Leben entity level; scale proxies (5th-place condo ranking, 45,000+ units delivered, 80,581 managed units, and active multi-vertical capital deployment including a 3 billion yen Sustainability-Linked Loan from Sumitomo Mitsui Trust Bank and a 4.74 billion yen Himegin Green Loan from Ehime Bank) are consistent with a Japanese mid-tier developer in the $1B–$5B annual revenue band. The April 2026 spin-off of construction subsidiary Leben Home Build and resale subsidiary Leben Zestock to MIRARTH Holdings, alongside coordinated leadership changes across nine group entities, signals an active group-level realignment rather than expansion or contraction at the operating-company level.

Name

Takara Leben

Legal name

株式会社タカラレーベン

Website

https://leben.co.jp

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

251–500 employees

Short description

Takara Leben is the core real estate operating entity of Japan's MIRARTH Holdings Group, developing and selling condominiums under LEBEN, THE LEBEN, and NEBEL brands, with diversified operations in rental housing, office buildings, hotels, and Southeast Asian projects, serving individual homebuyers, investors, and enterprise redevelopment partners.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), New Housing For-Sale Builders (236117), Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (531210), New Single-Family Housing Construction (except For-Sale Builders) (236115)

SIC

General Bldg Contractors - Residential Bldgs (1520), Real Estate Agents & Managers (For Others) (6531), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

akta.pro secondary industries

Condos & Apartments (Entire Unit) (THAMAAAB), Condominium Association Management (BPAJAHAA)

Keywords

• Condominium development
• Residential real estate
• Property management
• Urban redevelopment
• Real estate investment

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Condominium Sales: Development, planning, and sales of newly built condominiums under LEBEN, THE LEBEN, and NEBEL brands. Primary revenue stream with sales across Japan.
2. Real Estate Rental Business: Self-owned rental of condominiums and office buildings across Japan, maintaining high occupancy rates through property management expertise.
3. Property Management: Management and operation of rental properties on behalf of real estate owners, including self-developed and third-party properties.
4. Real Estate Distribution: Brokerage services connecting buyers and sellers of real estate, utilizing company's own property inventory and group resources.
5. Hotel Operations: Hotel business under HOTEL THE LEBEN brand and Nasu Muku no Ne resort, providing accommodation services nationwide.
6. Liquidation/Investment Business: Development and upvaluation of income properties (residences, offices, hotels, commercial, logistics) with sale to J-REIT or private funds.
7. Renewal Resale Business: Purchase, renovation, and resale of tenanted properties and owner-change properties, including Lē Art brand building renovation.
8. Overseas Real Estate Development: Large-scale condominium development, renovation projects, and mixed-use developments in Southeast Asia including Vietnam and Thailand.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Takara Leben is a Japanese real estate developer that plans, builds, sells, and manages residential and commercial properties. Its primary offerings are new condominiums under the LEBEN, THE LEBEN, and NEBEL brands, detached houses under LEBEN PLATZ, high-grade rental apartments (LUXENA), compact office buildings (L.Biz), and hotels (HOTEL THE LEBEN, Nasu Muku no Ne). The company also provides property management, real estate brokerage, urban redevelopment, and Southeast Asian condominium development, with proprietary sustainability features (MIRARESI disaster prevention, ZEH certification) standardized across new condominium supply.

Product overview

Takara Leben operates as a comprehensive real estate developer offering residential and commercial properties. The core product portfolio includes: (1) New condominium brands - LEBEN (main brand), THE LEBEN (premium), and NEBEL (urban compact); (2) Detached houses via LEBEN PLATZ; (3) Hotel operations with HOTEL THE LEBEN and 那須 無垢の音; (4) Rental apartment series LUXENA and office buildings L.Biz for the liquidation/investment business; (5) Renewal resale via Lē Art brand; and (6) Overseas projects including THE MINATO RESIDENCE in Vietnam. The group also provides property management through subsidiaries (Leben Community, Leben Trust, Takara Leben Realnet, Leben Zestock). Recent innovations include MIRARESI disaster prevention system with solar/storage for all new condominiums.

Differentiator

Problem solved

Functional benefit

Brands

• LEBEN: Main condominium brand named after the German word for 'life', reflecting focus on residents' lives.
• THE LEBEN
• NEBEL
• LEBEN PLATZ
• Lē Art
• LUXENA
• L.Biz
• L.Biz Matsuyama Ichibancho
• HOTEL THE LEBEN
• 那須 無垢の音

Products and services

• LEBEN Brand Condominiums Mainstream new condominium brand targeting diverse lifestyle and life-stage needs across Japan. Mid-range pricing tier within Takara Leben's residential portfolio.
• THE LEBEN Premium Condominiums Premium condominium line offering higher-grade specifications and quality improvements beyond the standard LEBEN brand. Targets premium individual buyers seeking enhanced materials and design.
• NEBEL Urban Compact Condominiums Compact condominium series targeting single residents and DINKS couples seeking urban-centric living. Offers design-forward units in city centers such as Tokyo, Saitama, and Osaka.
• LEBEN PLATZ Detached Houses Detached house brand applying Takara Leben's condominium construction expertise to single-family homes. Incorporates solar power systems and earthquake resistance.
• Lē Art Renewal Resale Whole-building renovation service brand applying the 4R concept (Refresh, Reborn, Relax, Reliance) to purchase, renovate, and resell tenanted or owner-change properties as renovated condominium units.
• HOTEL THE LEBEN Original Takara Leben hotel brand offering spacious guest rooms with residential-comfort design. Operates multiple locations across Japan for domestic and international travelers.
• Nasu Muku no Ne Resort Hotel Resort hotel set on 35,000+ sqm of natural forest in Nasu, Tochigi Prefecture. Features architect Junya Ishigami's water garden and French cuisine dining.
• LUXENA High-Grade Rental Apartments Premium rental apartment series combining design excellence and residential comfort for quality-focused tenants. Part of Takara Leben's liquidation/investment business income properties.
• L.Biz Compact Office Buildings Compact office building series developed for the liquidation/investment business. Targets SME tenants in city centers like the Tokyo Station area with stable occupancy positioning. L.Biz Matsuyama Ichibancho achieved ZEB Ready and 6-star BELS certifications.
• THE MINATO RESIDENCE (Vietnam Overseas Condominium) Condominium development project in Haiphong, Vietnam, representing Takara Leben's overseas expansion in Southeast Asia targeting individual and investor buyers in international markets.

Quantifiable outcome

• Ranked 5th in Japan for condominium supply with 656 properties and 45,000+ cumulative units delivered
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• JR Central Real Estate Co., Ltd.coreStrategic or Co-development PartnerJoint project converting JR Central's former employee dormitory in Matsudo, Chiba Prefecture into 91 renovated condominium units called 'Le Ar Matsudo Novark Hill'. Project aims for 20-50% environmental impact reduction through construction waste and CO2 reduction, leveraging Takara Leben's renovation expertise.
• Halato Joint Stock Company (Vietnam)minorStrategic or Co-development PartnerLocal partner for renovation projects in Ho Chi Minh City, cooperating on renovation of old buildings as part of urban development initiatives in Vietnam.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Sumitomo Realty & Development Co., Ltd. Large Tokyo-based real estate developer with major condominium, office, and retail operations. Comparable to Takara Leben in condominium development and urban redevelopment focus, though Sumitomo Realty commands significantly larger scale and stronger Tokyo premium positioning.
• Daiwa House Industry Co., Ltd. Japan's largest homebuilder and real estate developer with comprehensive residential, commercial, and logistics operations. Comparable as a broad incumbent offering overlapping condominium and rental housing products, though at vastly larger scale and with a much broader product portfolio.
• Mitsubishi Estate Co., Ltd. Premier Japanese real estate developer with major Marunouchi-area office and luxury residential operations. Comparable as a broad incumbent in condominium development, though Mitsubishi Estate's portfolio skews heavily toward premium and commercial properties versus Takara Leben's mainstream positioning.
• Tokyu Land Corporation: Diversified Japanese real estate developer with residential, commercial, hotel, and resort operations. Comparable to Takara Leben's diversification into hotels (HOTEL THE LEBEN vs Tokyu's resort portfolio) and condominium development, with a stronger Tokyo/Shibuya-area focus.
• Nomura Real Estate Holdings, Inc. Major Japanese real estate company spanning condominium development (PROUD brand), rental housing, and property management. Directly comparable to Takara Leben's LEBEN condominium brand and property management business, with a more premium brand positioning.
• Sekisui House, Ltd. Major Japanese homebuilder with significant detached house and condominium operations, plus rental and commercial real estate. Directly comparable to Takara Leben's residential development business, though Sekisui House operates at substantially larger scale with deeper international presence.

Direct peers

• Pressance Corporation: Mid-tier Japanese condominium developer with a similar focus on new-build condos for individual buyers in major regional cities. Closely comparable to Takara Leben's mainstream LEBEN brand in product mix, customer base (individuals/families/DINKS), and geographic spread across Japan.
• Leopalace21 Corporation: Japanese real estate company specializing in rental apartments, property management, and residential services. Comparable to Takara Leben's LUXENA rental apartment series and Leben Community property management business in rental housing operations.
• Open House Group Co., Ltd. Mid-tier Japanese residential developer focused on single-family homes and condominiums primarily in the Tokyo metropolitan area. Closely comparable to Takara Leben's urban condominium (NEBEL) and detached house (LEBEN PLATZ) businesses in target market and price segment.
• Tokyo Tatemono Co., Ltd. Tokyo-focused real estate developer with major condominium, office, and property management operations. Comparable to Takara Leben's Tokyo metropolitan condominium development and urban redevelopment focus, with stronger concentration in central Tokyo premium submarkets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/takaraleben
• Xx.com/tl_saiyo

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries7 records

Funding overview

Funding rounds3 records

Investors2 records

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

M&A

Investments

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

Frequently asked questions about Takara Leben