Growing Demand for Internet Services Driven by Telework and Vacancy Mitigation
First written in FY2021. 7 of 12 entries say "Restated". Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1Diversification of Target Properties and UsesAnnual report
「Against a backdrop of persistently high prices for new properties and construction costs, interest in adding value to existing properties and converting them to new uses continues to grow. In addition to rental apartments, the target building types and uses are diversifying to include accommodation facilities, condominiums, vacant homes and facilities related to regional revitalization, while investment needs and renovation requirements are also diversifying by property.」
The Company states that demand for adding value to and converting existing properties is expanding the target buildings to accommodation facilities, condominiums, vacant homes and facilities related to regional revitalization, with uses and renovation requirements also becoming more diverse. - FY2025-H1RestatedAnnual report
「However, in the existing-property market, where vacant homes nationwide, including those used for rental purposes, exceed approximately 9 million units, vacancies remain a major issue. For owners of income-producing real estate, securing funding to implement measures that increase property value is an urgent issue.」
The Company identifies vacancies in existing properties and the funding challenge involved in increasing their value as continuing major market issues. - FY2024AdvancedAnnual report
「In the housing market, the number of vacant homes nationwide has reached approximately 9 million, the highest level on record, while new housing starts are declining and apartment prices in urban areas are rising. At the same time, renovation demand is increasing and the reuse of older properties is progressing.」
The Company cites approximately 9 million vacant homes, a record high, and identifies renovation demand and the reuse of older properties as new demand drivers. - FY2024-H1RestatedAnnual report
「In the rental housing industry, vacancies remain a major issue, and differentiation through increased value in detached houses and in the common and private areas of apartment buildings is an important factor in improving occupancy rates.」
The Company continues to view higher value and differentiation in detached houses and the common and private areas of apartments as important factors in improving occupancy rates against a backdrop of vacancies. - FY2024-Q1RestatedAnnual report
「Vacancies remain a major issue in the rental housing industry, and differentiation through increased value in both common areas and private units of apartment buildings is an important factor in improving occupancy rates.」
The Company reaffirmed its market view that demand for differentiation through higher value in common areas and private units remains strong against a backdrop of vacancies and the need to improve occupancy rates. - FY2023-Q3RestatedAnnual report
「Vacancies remain a major issue in the rental housing industry, and differentiation through increased value in both common areas and private units of apartment buildings is an important factor in improving occupancy rates.」
The Company reaffirmed its market view that demand for differentiation through higher value in common areas and private units remains strong against a backdrop of vacancies and the need to improve occupancy rates. It also noted continued demand for security equipment. - FY2023-Q2Addition of security-related demandAnnual report
「In addition, heightened security awareness following robberies by organized special-fraud groups and others is increasing demand at existing properties for security cameras and retrofit auto-lock systems.」
In addition to remote work and vacancies, the Company identifies heightened security awareness following robberies as a new demand driver for security equipment at existing properties. - FY2023-Q1RestatedAnnual report
「In the industries surrounding the Company, internet environments continue to attract attention as new business and lifestyle patterns, including remote work and online classes, become established, and demand is increasing. Vacancies in rental apartments remain a major issue for the rental housing industry, increasing demand for differentiation through higher value-added apartment equipment.」
The Company reaffirmed growing demand for internet access driven by remote work and online classes, as well as demand for differentiation through vacancy solutions and higher-value equipment. - FY2022AdvancedAnnual report
「According to the “Survey of the Share of Whole-Building Apartment ISP Services” (source: MM Research Institute), the number of units served was 4.427 million as of the end of March 2022. The increase of 610,000 units in fiscal 2021 (April 2021 to March 2022) was the highest on record. We expect the upward trend to continue.」
The Company cites record market data for the whole-building apartment ISP market: 4.427 million units served and a year-on-year increase of 610,000 units. - FY2022-Q2RestatedAnnual report
「Vacancies are a major issue, and demand for differentiation from other properties by increasing apartment value has grown. Accordingly, internet and IoT environments in apartments continue to attract attention, and demand is expected to increase.」
The Company reiterated its outlook for expanding apartment internet and IoT demand against a backdrop of vacancies and property differentiation. - FY2022-Q1RestatedAnnual report
「Vacancies are a major issue, and demand for differentiation from other properties by increasing apartment value has grown. Accordingly, internet and IoT environments in apartments continue to attract attention, and demand is expected to increase.」
The Company reiterated its market view that apartment internet and IoT demand is increasing against a backdrop of vacancies and property differentiation. - FY2021First statedAnnual report
「According to the “Survey of the Share of Whole-Building Apartment ISP Services” (source: MM Research Institute), the number of units served was 3.656 million as of the end of March 2021. This figure has increased every year and has nearly doubled over 5 years, and we expect the upward trend to continue.」
The Company attributes expanding demand to the spread of remote work and measures to address vacancies in rental housing.