Risk of lower relocation demand due to economic deterioration and weak corporate performance
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2026-H1.
Vis moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 10 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「This was mainly due to a lower win rate for large-scale projects, as well as a decline in the number of inquiries for medium-sized projects.」
The company identifies the lower win rate for large-scale projects and the decline in inquiries for medium-sized projects as factors behind the 13.8% year-on-year decrease in revenue. The decline in relocation and order demand has materialized in its results. - FY2025RestatedAnnual report
「Because the group markets its services to companies expected to relocate offices or open new business locations, its business performance could deteriorate if economic conditions worsen or corporate performance weakens, resulting in fewer relocations and new business-location openings and lower repeat business from existing customers.」
The company continues to identify the risk that demand for relocations, new openings and repeat business will decline due to deteriorating economic conditions or weaker performance at customer companies. - FY2023RestatedAnnual report
「Because the group markets its services to companies expected to relocate offices or open new business locations, its business performance could deteriorate if economic conditions worsen or corporate performance weakens, resulting in fewer relocations and new business-location openings and lower repeat business from existing customers.」
The company continues to identify the risk of lower demand for relocations, new openings and repeat business due to deteriorating economic conditions or corporate performance. - FY2022RestatedAnnual report
「Because the company markets its services to companies expected to relocate offices or open new business locations, its business performance could deteriorate if economic conditions worsen or corporate performance weakens, resulting in fewer relocations and new business-location openings and lower repeat business from existing customers.」
The company continues to identify the risk of lower demand for relocations, new openings and repeat business due to economic deterioration or weak corporate performance. - FY2021First statedAnnual report
「Because the company markets its services to companies expected to relocate offices or open new business locations, its business performance could deteriorate if economic conditions worsen or corporate performance weakens, resulting in fewer relocations and new business-location openings and lower repeat business from existing customers.」
The company describes, separately from infectious disease risks, the general demand risk of weaker business performance if relocations, new business-location openings and repeat business from existing customers decline.