KIAI Star Real Estate's Ambitious Pay Raise Initiative
KIAI Star Real Estate Co., Ltd., headquartered in Honjo, Saitama Prefecture, is making headlines with its proactive approach to employee compensation and recruitment. Under the newly launched "20% Salary Increase Project" for the fiscal year 2023, the company anticipates an average salary increase of over 8% for all employees by the fiscal year 2025. This initiative is particularly focused on young employees and technical positions, with plans for salary hikes exceeding 10% for these roles, aiming to bolster employee morale and enhance corporate competitiveness.
Record New Graduate Hiring Plans
As part of its business expansion strategy, KIAI Star plans to hire a record number of new graduates, anticipating 165 new hires in April 2026 (35 high school graduates and 130 university graduates). For the following year, the company is planning to increase the hiring even further to 195 new graduates (35 high school and 160 university graduates). A significant emphasis is placed on high school recruitment, where the company aims to nurture in-house craftsmen, enhancing productivity in the housing industry. As an exciting aspect of the salary increase project, the starting salary for newly recruited sales positions will see an increase of 60,000 yen, starting with a maximum of 300,000 yen from April 1, 2025.
Strengthening In-house Craftsman Development
The recruitment of in-house craftsmen will be a key focus at KIAI Star. For the fiscal year 2026, the company aims to hire 35 high school graduates as craftsmen. Following their hiring, these individuals will undergo practical training programs designed to equip them with the skills needed to become immediate assets to the company. This initiative aims to address the ongoing shortage of craftsmen within the housing industry, contributing positively to the overall sector.
Actively Promoting Career Recruitment
In parallel with new graduate recruitment, KIAI Star is committed to strengthening its career recruitment efforts. By attracting seasoned professionals, the company seeks to accelerate organizational growth by incorporating diverse experiences and skill sets. This approach aligns with KIAI Star's strategy to remain competitive and innovative in a rapidly changing market.
Human Resource Strategy at KIAI Star
KIAI Star Real Estate believes in fostering a rich, enjoyable, and comfortable workplace aligned with its corporate philosophy. The company is committed to creating an environment where employees can work without concerns. Moving away from traditional seniority-based evaluations, KIAI Star promotes a merit-based system where even first-year employees are encouraged to take on leadership roles and enhance their salaries based on performance and motivation. This proactive approach facilitates an environment where young talent can flourish, aligning employee growth with the sustainable development of the company.
Understanding the 20% Salary Increase Project
The "20% Salary Increase Project" was initiated last year to raise the salary standards of employees across KIAI Star's group (with some exceptions). The project has previously introduced various financial support measures, including inflation allowances, technical allowances, and emergency financial support, contributing to the welfare of all employees. These efforts reflect the company's commitment to ensuring that at least one-third of its workforce achieves a 20% wage increase by 2024.
About KIAI Star Real Estate Group
KIAI Star Real Estate operates with the mission of creating rich and enjoyable living environments. The company's vision emphasizes providing high-quality yet affordable housing designs. Utilizing its unique business model that integrates procurement and sales within the "KIAI Platform" and “compact single-family homes,” KIAI Star aims to increase its market share in the residential property sector. The company's projects span across various regions, primarily focusing on the metropolitan area, with a sales target projected to reach 342.5 billion yen by the end of March 2025, including the sale of over 9,100 homes annually.
Company Overview
- - Name: KIAI Star Real Estate Co., Ltd.
- - Code Number: 3465 on the Tokyo Stock Exchange Prime Market
- - CEO: Keiji Hanawa
- - Location: 762-1 Nishitomi, Honjo City, Saitama Prefecture, 367-0035
- - Capital: 4,818 million yen (as of March 31, 2025)
- - Founded: November 1990
- - Employees: 2,664 (consolidated as of March 31, 2025)
- - Website: KIAI Group
- - Business Activities: Including but not limited to, single-family housing sales, used property buying and resale, custom home construction, and other related real estate activities.