Intensifying competition as major real estate companies and others enter the market
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 2 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Given current market conditions, major real estate developers, real estate redevelopment companies, and others are increasingly entering office and related businesses. Intensifying competition and difficulty in maintaining the Company’s competitive advantage could affect its business results and financial condition.」
The Company continues to identify the increasing entry of major real estate developers and real estate redevelopment companies, and the resulting intensification of competition, as risks. - FY2024-Q1RestatedAnnual report
「Although the shared-office market in Japan is itself on an expansionary trend, the number of operators is also increasing, making further differentiation necessary.」
The Company describes the competitive environment resulting from the increasing number of shared-office operators and the need for further differentiation. - FY2023First statedAnnual report
「Given current market conditions, major real estate developers, real estate redevelopment companies, and others are increasingly entering office and related businesses. Intensifying competition and difficulty in maintaining the Company’s competitive advantage could affect its business results and financial condition.」
The Company recognises the increasing entry of major real estate developers and real estate redevelopment companies as a competitive risk.