Recovery in demand for rental meeting rooms following the pandemic and expansion of the building innovation business
First written in FY2023. 3 of 6 entries say "Restated". Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1Profit declined amid strategic investmentAnnual report
「As a result of expansion investments, including the opening of new rental meeting rooms in Minami-Aoyama and Shinbashi on 1 April 2026, revenue for the interim accounting period was ¥515.966 million, up 3.8% year on year, while segment profit was ¥89.109 million, down 30.9%.」
Revenue from rental meeting rooms and shared offices increased, while segment profit fell 30.9% year on year due to expansion investments, including new venues in Minami-Aoyama and Shinbashi. - FY2025Solid revenue, lower profitAnnual report
「Revenue for the fiscal year was ¥989.136 million, up 3.4% year on year, while segment profit was ¥216.016 million, down 17.4%.」
Revenue from rental meeting rooms and shared offices remained solid, while segment profit in the Building Innovation business declined from the previous year. - FY2025-H1RestatedAnnual report
「Building Innovation business: Revenue from both rental meeting rooms and shared offices remained solid. As a result, revenue for the interim accounting period was ¥497.051 million, up 2.5% year on year, while segment profit was ¥128.889 million, down 5.9%.」
Revenue from rental meeting rooms and shared offices remained solid, while segment profit fell 5.9% year on year. - FY2024-H1RestatedAnnual report
「Demand for holding meetings, seminars and training sessions in person recovered from the pandemic, and rental meeting-room utilization remained strong. However, results were affected by lower revenue following the closure of the Shinjuku South Exit Station-front meeting room in April last year.」
The Company continues to report recovering in-person demand and strong rental meeting-room utilization, while noting the impact of lower revenue from closed venues. - FY2024-Q1RestatedAnnual report
「Demand for holding meetings, seminars and training sessions in person recovered from the pandemic, and rental meeting-room utilization remained strong. However, results were affected by lower revenue following the closure of the Shinjuku South Exit Station-front meeting room in April last year.」
The Company continues to report recovering in-person demand and strong rental meeting-room utilization, while noting the impact of lower revenue from closed venues. - FY2023First statedAnnual report
「As demand for meeting rooms, shared offices and other facilities recovered as the impact of the COVID-19 pandemic faded, revenue for the fiscal year was ¥2,056.408 million, up 24.8% year on year.」
Revenue from the Building Innovation business was ¥943.469 million, up 10.2% year on year. Recovery in meeting-room demand was cited as a performance driver.