Growing demand for office relocations and renewals
First written in FY2016-Q3. 23 of 33 entries say "Restated". Latest entry: 2026-09-30.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Office relocations and renovations increased as companies sought to create open offices to promote communication and secure talent, and demand to reassess office environments remained strong.」
Increased demand for office relocations and renovations, driven by open-office initiatives and efforts to secure talent, and solid market conditions continue. - FY2025AdvancedAnnual report
「During the fiscal year, office relocations and renovations increased as companies sought to create open offices to promote communication and secure talent, and demand to reassess office environments remained strong.」
The view has progressed from the previous recognition of solid demand to recognition that demand for office relocations and renovations increased against a backdrop of open-office initiatives and efforts to secure talent. - FY2025-H1RestatedAnnual report
「In the office furniture market, demand for office relocations and renovations adapted to new ways of working and related demand increased, and solid market conditions continue.」
It reiterates its recognition that demand for office relocations and renovations adapted to new ways of working has increased and that solid market conditions continue. - FY2024-Q3RestatedAnnual report
「In the office furniture industry, demand for office renovations adapted to new ways of working and related demand increased, and conditions remain solid.」
It continues to recognize that demand for office renovations adapted to new ways of working has increased and that solid market conditions will continue. - FY2024-Q2RestatedAnnual report
「In the office furniture industry, demand for office renovations adapted to new ways of working and related demand increased, and conditions remain solid.」
It continues to recognize that demand for office renovations adapted to new ways of working has increased and that the office furniture market remains solid. - FY2024-Q1Growing demand for offices adapted to new ways of workingAnnual report
「In the office furniture market, demand for office renovations adapted to new ways of working and related demand increased, and solid market conditions continue.」
Demand for office renovations adapted to new ways of working and related demand increased, and solid market conditions continue in the office furniture market. - FY2023-Q3RestatedAnnual report
「In the office furniture market, demand for office furniture remains resilient as offices are increasingly redesigned from simple workspaces into places for communication and innovation alongside the spread of remote work, and as shared offices become more widespread.」
It continues to recognize that demand for office furniture remains resilient against a backdrop of remote work, office redesign and the spread of shared offices. - FY2023-Q2RestatedAnnual report
「In the office furniture market, demand for office furniture remained resilient as offices were increasingly redesigned from simple workspaces into places for communication and innovation alongside the spread of remote work, and as shared offices became more widespread.」
It continues to recognize that demand for office furniture remains resilient against a backdrop of remote work, office redesign and the spread of shared offices. - FY2022-Q3RestatedAnnual report
「In the office furniture market, moves to create new types of offices accelerated in response to rapid changes in working styles during the COVID-19 pandemic, increasing demand for work booths, office DX and other products.」
It continues to recognize growing demand for new office designs, work booths and office DX, in addition to traditional demand for relocations and renovations. - FY2022-Q1ReframedAnnual report
「In the office furniture market, moves to create new types of offices accelerated in response to rapid changes in working styles during the COVID-19 pandemic, increasing demand for work booths, office DX and other products.」
The focus has expanded from the previous emphasis on relocation and renovation demand to new areas of demand, including new office designs, work booths and office DX. - FY2021-Q3RestatedAnnual report
「In the office furniture market, demand for office relocations and renovations weakened because of the spread of working from home, restrained investment and cost-cutting resulting from deteriorating corporate performance. However, new demand increased for measures addressing COVID-19, including the development of IT environments as companies promoted telework and initiatives such as the GIGA School Program.」
It continues to report a shift from weakening traditional demand for relocations and renovations, due to working from home and restrained corporate investment, toward increased new IT-related demand. - FY2021-Q2RestatedAnnual report
「In the office furniture market, demand for office relocations and renovations weakened because of the spread of working from home, restrained investment and cost-cutting resulting from deteriorating corporate performance. However, new demand increased for measures addressing COVID-19, including the development of IT environments as companies promoted telework and initiatives such as the GIGA School Program.」
It continues to report that existing demand for relocations and renovations is weakening because of working from home and restrained corporate investment. The emergence of new demand was recorded as a separate theme. - FY2021-Q1WorsenedAnnual report
「In the office furniture market, demand for office furniture weakened as the spread of working from home, restrained corporate investment following the deterioration in corporate performance, and cost-cutting measures took effect.」
It reported that demand for office furniture shifted from its previous solid trend to weakening against a backdrop of the spread of working from home, restrained investment and cost-cutting resulting from deteriorating corporate performance. - FY2020WorsenedAnnual report
「In the office furniture market, demand for office relocations and renovations remained solid against a backdrop of stable supply of large office buildings. However, following the spread of COVID-19, demand weakened because corporate performance and business sentiment deteriorated.」
The view shifted from the previous recognition of solid demand supported by stable supply of large office buildings to a recognition that demand weakened after the spread of COVID-19 because corporate performance and business sentiment deteriorated. - FY2020-Q3RestatedAnnual report
「In the office furniture market, demand for office relocations and renovations remained solid against a backdrop of stable supply of large office buildings, but price competition among manufacturers intensified and challenging conditions continued.」
While demand for relocations and renovations is described as solid against a backdrop of stable supply of large office buildings, challenging conditions caused by price competition among manufacturers continue. - FY2020-Q2The description of demand conditions stabilizedAnnual report
「In the office furniture market, demand for office relocations and renovations remained solid against a backdrop of stable supply of large office buildings, but price competition among manufacturers intensified and challenging conditions continued.」
The description has returned from weakening demand for secondary relocations, noted in the previous quarter, to solid demand for relocations and renovations supported by stable supply of large office buildings. Meanwhile, the challenging conditions caused by price competition continue. - FY2020-Q1SoftenedAnnual report
「In the office furniture business, the Group continued to actively propose new office designs in response to workplace reforms and growing interest in health. However, demand for secondary relocations weakened as vacancy rates at existing office buildings declined, and higher labor costs also contributed to declines in both revenue and profit from the first quarter of the previous fiscal year.」
Demand for new office designs was noted, but demand for secondary relocations weakened as vacancy rates at existing office buildings declined, resulting in lower revenue and profit. - FY2019-Q2RestatedAnnual report
「In the office furniture market, demand for office relocations and renovations, particularly among companies with strong performance, remains solid.」
It continues to recognize that demand for office relocations and renovations, particularly among companies with strong performance, is solid. - FY2019-Q1RestatedAnnual report
「In the office furniture market, demand for office relocations and renovations, particularly among companies with strong performance, remained solid.」
It continues to recognize that demand for office relocations and renovations, particularly among companies with strong performance, is solid. - FY2018RestatedAnnual report
「Demand for office furniture declined for large-scale relocations because the supply of large office buildings was in a short-term transitional lull. However, demand for office relocations and renovations, particularly among companies with strong performance, remained solid.」
While acknowledging the decline in demand for large-scale relocations, it continues to recognize that demand for relocations and renovations, particularly among companies with strong performance, is solid. - FY2018-Q3RestatedAnnual report
「In the office furniture business, the supply of large office buildings was in a short-term transitional lull and large-scale relocation projects declined. However, demand for office relocations and renovations, particularly among companies with strong performance, remained solid, resulting in increases in both revenue and profit from the same period of the previous fiscal year.」
While the supply of large office buildings was in a transitional lull and large-scale relocation projects declined, it continues to recognize that demand for relocations and renovations, particularly among companies, is solid. - FY2018-Q2SoftenedAnnual report
「In the office furniture market, office demand remained resilient, but the supply of large office buildings was in a transitional lull and demand for large-scale relocations and similar projects declined.」
While office demand overall remains resilient, conditions have weakened from the previous view of growing or solid relocation demand, with demand for large-scale relocations and similar projects declining. - FY2018-Q1RestatedAnnual report
「In the office furniture business, demand for offices remained resilient, but price competition among manufacturers intensified further and challenging conditions continued.」
It continues to recognize that office demand remains resilient, while also noting intensifying price competition and a challenging business environment. - FY2017RestatedAnnual report
「Demand for office relocations and renovations across the market remained solid, but price competition remained intense and orders continued to be challenging.」
It continues to recognize that demand for office relocations and renovations is solid, while stating that price competition and the order environment remain challenging. - FY2017-Q3RestatedAnnual report
「In the office furniture business, demand for office relocations and renovations across the market remained solid, but price competition among industry participants remained intense and orders continued to be challenging. In addition, the reversal of the impact of large orders recorded as revenue in the same period of the previous fiscal year contributed to a decline in revenue.」
It continues to recognize that demand for office relocations and renovations is solid, but revenue is declining because of price competition among industry participants, challenging order conditions and the reversal of the impact of large orders. - FY2017-Q2RestatedAnnual report
「In the office furniture business, demand for office relocations and renovations across the market remained solid, but price competition remained intense and orders continued to be challenging. In addition, the reversal of the impact of large orders recorded as revenue in the same period of the previous fiscal year contributed to a decline in revenue.」
It continues to recognize that demand for relocations and renovations is solid, but revenue continues to decline because of price competition, a challenging order environment and the reversal of the impact of large orders. - FY2017-Q1SoftenedAnnual report
「In the office furniture business, demand for office relocations and renovations across the market remained solid, but price competition remained intense and orders continued to be challenging. In addition, the reversal of the impact of large orders recorded as revenue in the same period of the previous fiscal year contributed to a decline in revenue.」
The description of demand for office relocations and renovations changed from growing to solid, while revenue declined amid intense price competition and a challenging order environment. - FY2016RestatedAnnual report
「Revenue and segment profit from office furniture increased from the previous fiscal year, as demand for office relocations and renovations expanded against a backdrop of improved corporate performance and orders remained solid from the start of the fiscal year.」
It continues to report demand for office relocations and renovations, supported by improved corporate performance, and solid orders. - FY2016-Q3First statedAnnual report
「Revenue from office furniture increased, as demand for office relocations and renovations expanded against a backdrop of strong corporate performance, resulting in solid orders.」
It reported that demand for office relocations and renovations, as well as orders, increased against a backdrop of strong corporate performance.