Launch of the multi-location satellite service Smart Office
First written in FY2020. 4 of 11 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2022: 2 of 12 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「Against the backdrop of work-style reforms and the rapid spread of remote work during the COVID-19 pandemic, use cases have diversified, including office decentralization and reduction, shorter commuting times, higher productivity, and integration of virtual and physical sites. We have worked to further improve convenience by offering a choice of satellite office services usable across multiple locations within shared offices, including dedicated and common offices.」
The company continues to pursue greater convenience in shared offices, including satellite offices that can be used across multiple locations. - FY2023-Q3RestatedAnnual report
「Although membership and sales are growing year on year, led by THE HUB all access, business growth continues to take longer than initially expected amid changing external conditions. We will also work to improve the earnings structure, including through cost reductions.」
While membership and sales are growing, led by THE HUB all access, business growth is taking longer than expected, and the company continues to pursue improvements to its earnings structure, including through cost reductions. - FY2023-Q2AdvancedAnnual report
「Although membership and sales are growing year on year, led by THE HUB all access, business growth continues to take longer than initially expected amid changing external conditions. We will also work to improve the earnings structure, including through cost reductions.」
While membership and sales increased year on year, led by THE HUB all access, business growth is taking longer than expected, and the company says it will improve its earnings structure, including through cost reductions. - FY2022AdvancedAnnual report
「During the current consolidated fiscal year, membership increased substantially year on year, led by THE HUB all access members, and sales increased due partly to multiple contracts for interior fit-out work and the expansion of the shared-office network opened last year.」
Membership in THE HUB all access increased substantially year on year, contributing to higher sales along with multiple orders for interior fit-out work and the expansion of existing locations. - FY2022-Q3AdvancedAnnual report
「During the cumulative period of the third quarter of the current fiscal year, membership increased substantially year on year, led by THE HUB all access members, and the new service began contributing to sales growth.」
The company states that membership in THE HUB all access increased substantially year on year and that the new service began generating sales growth. - FY2022-Q2RestatedAnnual report
「In response to these changes, we worked to further improve convenience by providing the satellite office service “THE HUB all access,” which can be used across multiple locations.」
The company continues to pursue higher convenience in its shared offices through THE HUB all access, which can be used across multiple locations. - FY2022-Q1AdvancedAnnual report
「In response to these changes, we worked to further improve convenience by adding the new satellite office service “THE HUB all access,” which can be used across multiple locations.」
The company is improving convenience by adding “THE HUB all access,” which can be used across multiple locations, as a new service to the existing multi-location satellite service “Smart Office.” - FY2021RestatedAnnual report
「Under these circumstances, we will continue to actively review the contractual terms for company-operated locations, promote advertising activities, rebuild brand value and pursue business alliances with companies in other industries, while working to improve user value and expand earnings.」
For the shared-office business, including Smart Office, the company continues to pursue higher user value and earnings through revised contractual terms, advertising, brand rebuilding and alliances with companies in other industries. - FY2021-Q3WorsenedAnnual report
「We launched the multi-location satellite office service “Smart Office” in December 2020. During the cumulative period of the third quarter of the current fiscal year, segment earnings remained negative, reflecting costs for opening company-operated locations for this new service, the impact of advertising aimed at acquiring users, and the slowdown in new membership growth below initial expectations, as well as cancellations exceeding expectations, partly due to the state of emergency and other factors.」
Following the launch of Smart Office, the sharing economy business remained loss-making due to the costs of opening company-operated locations, the impact of advertising, slower member acquisition and cancellations exceeding expectations. - FY2021-Q1AchievedAnnual report
「In response to these changes, our subsidiary アセットデザイン launched the multi-location satellite service “Smart Office” in December 2020.」
The company began providing the multi-location satellite service “Smart Office” in December 2020. - FY2020First statedAnnual report
「In December 2020, as a new initiative, we will launch the Smart Office multi-location satellite service to address companies' needs during the pandemic for office decentralization, office reductions and higher productivity.」
Plans to launch a multi-location satellite service from December 2020 in response to corporate needs to decentralize and reduce offices and improve productivity.