Horizontal rollout of the business model overseas
First written in FY2017. 3 of 8 entries say "Softened", first in FY2021-Q2. Latest entry: FY2023-Q3.
Tkp moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).
The whole theme swung hardest in 2021: 8 of 55 companies on the "Worse" side.
5 other companies' latest entry also says "Softened".
- FY2023-Q3SoftenedAnnual report
「臺北雷格斯企業管理諮詢股份有限公司 is a group company operating the Regus business in Taiwan. Since joining our group in September 2019, it has actively developed and operated its core serviced-office business. However, amid the spread of COVID-19 and changes in the international situation, geopolitical issues arose from the operation of a subsidiary in Taiwan by our Japanese corporation.」
The company decided to transfer the Taiwan Regus business and shifted toward reducing the scope of its overseas business-model rollout and its holdings in Taiwan. - FY2022RestatedAnnual report
「As of the end of the fiscal year ending February 2022: 422 facilities, including 170 Japan Regus facilities and 14 Taiwan Regus facilities.」
The company is reaffirming that it operates a network overseas including 14 Taiwan Regus facilities. This is not a new statement of a policy to accelerate overseas expansion. - FY2021SoftenedAnnual report
「Overseas expansion amid the COVID-19 pandemic remains temporarily frozen, and the policy is to restrain new openings.」
The policy of freezing accelerated overseas expansion and restraining new openings continued in the annual report. - FY2021-Q2SoftenedAnnual report
「Amid the COVID-19 pandemic, we have temporarily frozen the acceleration of overseas expansion. Although 1 facility is scheduled to open in Taiwan in the second half, our policy is to restrain new openings.」
The company shifted to a policy of temporarily freezing accelerated overseas expansion and restraining new openings in Taiwan as well. The planned opening of 1 facility in the second half remains. - FY2020-Q2AdvancedAnnual report
「On 30 September 2019, we completed the procedures to acquire all equity interests in 13 Taiwan Regus companies and make them subsidiaries.」
The overseas expansion took concrete form with the completion of the acquisition of equity interests in 13 Taiwan Regus companies and their consolidation as subsidiaries, using Taiwan as a foothold for expanding the overseas business. - FY2018RestatedAnnual report
「We also operate in New York, New Jersey, Hong Kong, Singapore, Malaysia and elsewhere overseas.」
The company is reaffirming the overseas rollout of its business model through meeting-room and banquet-facility operations in overseas cities. - FY2018-Q1AdvancedAnnual report
「Overseas, we opened the TKP Kuala Lumpur Conference Centre in Kuala Lumpur, Malaysia, our seventh overseas city.」
The overseas network reached its seventh city with the opening of a Kuala Lumpur location. - FY2017First statedAnnual report
「We will further promote internationalisation and roll out the business model created by our group in other markets.」
The company has set out plans to roll out the model through overseas bases in the United States, China, Singapore and elsewhere.