Focus on Tokyo office leasing and maintaining high occupancy
First written in FY2016. 25 of 38 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-11-10.
The whole theme swung hardest in 2022: 7 of 49 companies on the "Worse" side.
20 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The vacancy rate at the end of the period was 4.3%, down 1.5 percentage points from the end of the previous period. New demand remains strong from companies seeking comfortable office environments and companies increasing hiring to expand their businesses, and contracted space continues to exceed cancelled space.」
The vacancy rate for existing buildings in Tokyo offices improved from 5.8% to 4.3%, while high occupancy continued, with contracted space exceeding cancelled space. - FY2026-H1AdvancedAnnual report
「The vacancy rate at the end of the interim period improved to 5.4%, down 0.5 percentage points year on year. New demand remains strong from companies seeking comfortable office environments and companies increasing hiring to expand their businesses, and contracted space continues to exceed cancelled space.」
The vacancy rate for existing buildings improved from 5.8% at the end of the previous period to 5.4%. Demand for corporate relocations and additional space continued, as did the situation in which contracted space exceeded cancelled space. - FY2025AdvancedAnnual report
「The vacancy rate at the end of the period was 5.8%, down 1.1 percentage points from the end of the previous period. New demand remains strong from companies seeking comfortable office environments and companies increasing hiring to expand their businesses, and contracted space continues to exceed cancelled space.」
The vacancy rate for existing buildings improved from 6.9% at the end of the previous period to 5.8%, as demand for Tokyo offices recovered and occupancy increased. The company also provided details of its “office department strategy,” under which 95% of its leased office buildings are located in Tokyo’s 23 wards, 83% in the central 7 wards, and its tenant base comprises approximately 2,000 diverse companies. - FY2025-H1AdvancedAnnual report
「The vacancy rate at the end of the interim period improved to 5.9% (4.7% excluding buildings completed in the fiscal year ended March 2023). New demand remains strong from companies seeking comfortable office environments and companies increasing hiring to expand their businesses, while tenant recruitment for new buildings continues to progress steadily.」
The vacancy rate for existing buildings improved from 6.9% at the end of March 2024 to 5.9%, or 4.7% excluding buildings completed in the fiscal year ended March 2023. The company said new demand remained strong from companies seeking comfortable offices and companies increasing hiring. - FY2024-Q3AdvancedAnnual report
「The vacancy rate for existing buildings improved to 5.6% (6.0% at the end of the previous period).」
The vacancy rate for existing buildings in central Tokyo improved from 6.0% at the end of the previous period to 5.6%. Tenant recruitment for new buildings, including Tokyo Mita Garden Tower and Shinjuku First Tower, also progressed steadily. - FY2024-Q2RestatedAnnual report
「The vacancy rate for existing buildings remained stable at a level broadly unchanged from the end of the previous period, while the company maintained a high occupancy rate of more than 90%.」
The vacancy rate for existing buildings declined from 6.0% at the end of March 2023 to 5.9% at the end of September 2023, while the company maintained a high occupancy rate of more than 90%. Tenant recruitment for new buildings also progressed steadily. - FY2024-Q1RestatedAnnual report
「The vacancy rate for existing buildings remained stable at a level broadly unchanged from the end of the previous period, while the company maintained a high occupancy rate of more than 90%.」
The company said the vacancy rate for existing buildings was unchanged from 6.0% at the end of the previous period and that it maintained a high occupancy rate of more than 90%. - FY2023Vacancy rate rises, but occupancy above 90% and positive demand maintainedAnnual report
「The vacancy rate for existing buildings remained stable at a level broadly unchanged from the end of the previous period, while the company maintained a high occupancy rate of more than 90%. Recently, office attendance has recovered as economic activity normalised, increasing positive demand, including relocations by companies seeking comfortable office environments and additional space to secure personnel.」
The vacancy rate for existing buildings rose from 5.8% to 6.0%, but the company said it maintained a high occupancy rate of more than 90%. It also reported recovery in office attendance and increased demand for corporate relocations and additional space associated with hiring. - FY2023-Q3AdvancedAnnual report
「The vacancy rate for existing buildings was 5.7%, broadly unchanged from the end of the previous period, while the company maintained a high occupancy rate of more than 90%. Market conditions remain mixed, but positive demand is increasing as office attendance recovers, including relocation needs among companies seeking more comfortable office environments and demand for additional space due to increased hiring.」
The vacancy rate for existing buildings declined from 5.9% at the end of the second quarter to 5.7%, while the company maintained a high occupancy rate of more than 90%. It also reported increased relocation demand as office attendance recovered and increased demand for additional space due to increased hiring. - FY2023-Q2Additional report on the recovery trend in office attendanceAnnual report
「Market conditions remain mixed, but companies’ office attendance rates have recently been recovering, and positive demand, including additional space due to increased hiring, is also increasing.」
The vacancy rate for existing buildings was 5.9%, broadly unchanged from the end of the previous period, while the company newly reported a recovery trend in office attendance rates and increased demand for additional space due to increased hiring. - FY2023-Q1Vacancy rate flat, while demand for additional space increases amid mixed market conditionsAnnual report
「The vacancy rate for existing buildings was 5.9%, broadly unchanged from the end of the previous period. Market conditions remain mixed, but demand for additional space, including space added due to increased hiring, has recently been increasing.」
The vacancy rate for existing buildings rose from 5.8% at the end of the previous period to 5.9%, then remained broadly flat after rising through the previous quarter. While describing market conditions as mixed, the company reported increased demand for additional space due to increased hiring. - FY2022-Q3Despite rising vacancy rates, deterioration is judged to have temporarily levelled offAnnual report
「The vacancy rate for existing buildings was 5.9%. Although this was slightly higher than the 5.6% at the end of the second quarter, we believe the deterioration in the vacancy rate has temporarily levelled off.」
The vacancy rate for existing buildings rose from 2.8% at the end of March 2021 to 5.6% at the end of the second quarter and 5.9% at the end of the third quarter. The company said, however, that the deterioration had temporarily levelled off. - FY2022-Q1Vacancy rate rises but new buildings remain fully occupiedAnnual report
「The vacancy rate at existing buildings was 3.5% (2.8% at the end of the previous period). Sumitomo Realty & Development Tamachi Building East Wing, completed in the first quarter, opened fully occupied.」
The vacancy rate at existing buildings rose from 2.8% at the end of the previous period to 3.5%, but Tamachi Building East Wing, completed during the quarter, opened fully occupied. - FY2021-Q3Vacancy rate rises but remains low; new buildings fully occupiedAnnual report
「The vacancy rate at existing buildings rose somewhat to 2.3% at the end of the third quarter from 1.4% at the end of the previous period, but remained low.」
The vacancy rate at existing buildings rose from 1.4% to 2.3%, but the company said it remained low. Kojimachi Garden Tower and Ochanomizu Building are operating fully occupied. - FY2021-Q2Vacancy rate rises but remains at a record-low level; new buildings fully occupiedAnnual report
「The vacancy rate at existing buildings remained at a record-low level at 1.8% (1.4% at the end of the previous period). Sumitomo Realty & Development Kojimachi Garden Tower, completed in the first half, is operating fully occupied.」
The vacancy rate at existing buildings rose from 1.4% at the end of the previous period to 1.8%, but the company described it as a record-low level. Kojimachi Garden Tower, completed in the first half, is operating fully occupied. - FY2021-Q1Slight increase in vacancy rate, but remains at a record low; new buildings fully occupiedAnnual report
「The vacancy rate at existing buildings remained at a record-low level at 1.5% (1.4% at the end of the previous period). Sumitomo Realty & Development Kojimachi Garden Tower, completed in the first quarter, also opened fully occupied.」
The vacancy rate at existing buildings rose slightly from 1.4% to 1.5%, but remained at a record-low level. The newly completed Kojimachi Garden Tower opened fully occupied. - FY2020AdvancedAnnual report
「The vacancy rate at existing buildings continued to decline, reaching 1.4% from 2.8% at the end of the previous period.」
The vacancy rate at existing buildings in Tokyo office leasing declined to 1.4%. Buildings completed during the period were nearly fully leased, and approximately 90% of the space in buildings scheduled for completion in the next period had already been leased. The company said it owns more than 230 buildings in central Tokyo. - FY2020-Q2AdvancedAnnual report
「The vacancy rate at existing buildings continued to decline, reaching 1.7% from 2.8% at the end of the previous period. Leasing efforts for new buildings scheduled for completion during the period, including Sumitomo Realty & Development Shinjuku Central Park Tower, Sumitomo Realty & Development Akihabara Station Front Building and Sumitomo Realty & Development Ikebukuro East Building, all completed by the end of the second quarter, are progressing smoothly at a pace exceeding the plan.」
The vacancy rate at existing buildings in Tokyo office leasing declined from 2.8% at the end of the previous period to 1.7%. Leasing efforts for newly completed buildings are progressing faster than planned, and revenue and operating profit in the leasing business reached record highs for the fifth consecutive period. - FY2020-Q1AdvancedAnnual report
「Demand for new leases and additional space remained strong, and the vacancy rate at existing buildings continued to decline, reaching 2.3% from 2.8% at the end of the previous period.」
The vacancy rate at existing buildings improved from 2.8% to 2.3%. High occupancy in Tokyo office leasing advanced further, with newly completed buildings scheduled to open also fully leased. The company said it owns more than 220 buildings in central Tokyo and that leasing accounts for nearly 70% of operating profit. - FY2019-Q3AdvancedAnnual report
「The vacancy rate at existing buildings continued to improve, reaching 4.2% from 4.9% at the end of the previous period, and the rate at the end of the current period is certain to be in the 3% range.」
The vacancy rate at existing buildings improved from 4.9% at the end of the previous period to 4.2%. Demand for new leases and additional space remained strong, and newly completed buildings were fully leased, indicating further progress toward high occupancy in Tokyo office leasing. - FY2019-Q2AdvancedAnnual report
「The vacancy rate at existing buildings continued to improve, reaching 4.3% from 4.9% at the end of the previous period. Leasing efforts for new buildings are progressing smoothly, with Sumitomo Realty & Development Kojimachi First Building and Sumitomo Realty & Development Onarimon Tower, both completed by the end of the second quarter, as well as Sumitomo Realty & Development Akihabara-Kita Building and Sumitomo Realty & Development Shibuya Tower, scheduled for completion during the period, all fully leased.」
The vacancy rate at existing buildings improved from 4.9% at the end of the previous period to 4.3%. Strong demand for new leases and additional space and higher rents at existing buildings helped the leasing business reach record highs in both revenue and profit for the fourth consecutive period. - FY2019-Q1AdvancedAnnual report
「Strong demand for new leases and additional space, together with higher rents at existing buildings, secured higher revenue and profit.」
Demand for new leases and additional space and rents at existing Tokyo office buildings continued to rise, while the vacancy rate improved from 4.9% at the end of the previous period to 4.7%. - FY2018AdvancedAnnual report
「In Tokyo's office building market, where more than 90% of our leasing assets are concentrated, new demand is strong, including expansion relocations and additional space taken by existing tenants. Vacancy rates have remained low and stable, while rents on renewals have continued to trend upward.」
Against a backdrop of growing demand and rising rents in Tokyo's office market, operating revenue and operating profit in the leasing business reached record highs for the third consecutive period. The vacancy rate at existing buildings rose from 4.5% to 4.9%, but the company said it remained at a low level. - FY2018-Q3AdvancedAnnual report
「The existing-building vacancy rate improved slightly to 4.4% from 4.5% at the end of the previous fiscal year, and leasing activities for new buildings, including Sumitomo Realty & Development Osaki Garden Tower, completed during the current fiscal year, are progressing steadily.」
The vacancy rate at existing buildings declined from 4.5% at the end of the previous period to 4.4%, and the company said Tokyo office leasing continued to operate at high occupancy. - FY2018-Q2Slight decline in the vacancy rateAnnual report
「The vacancy rate at existing buildings remained low and stable at 4.6% (4.5% at the end of the previous period), and leasing efforts for new buildings are progressing smoothly.」
At the end of the second quarter, the vacancy rate at existing buildings was 4.6%, slightly up from 4.5% at the end of the previous period, but the company described it as low and stable. - FY2018-Q1Slight increase in the vacancy rateAnnual report
「The vacancy rate at existing buildings was 4.7% (4.5% at the end of the previous period) and remained low and stable. Leasing efforts for new buildings, including the Osaki Project scheduled for completion during the period, are also progressing smoothly.」
The vacancy rate at existing buildings rose slightly from 4.5% at the end of the previous period to 4.7%, but the company said it remained low and stable. - FY2017-Q3AdvancedAnnual report
「Tenant demand in Tokyo's office building market has remained firm, and the vacancy rate at our existing buildings continued to improve, reaching 4.4% from 4.7% at the end of the previous period.」
Strong tenant demand and improving vacancy rates continued in Tokyo's office market, with the vacancy rate at existing buildings down 0.3 percentage points from the end of the previous period. - FY2017-Q1AdvancedAnnual report
「Tenant demand in Tokyo's office building market has remained firm, while vacancy rates have stayed low and stable and rents have continued to trend upward. At our company, the vacancy rate at existing buildings improved slightly to 4.6% from 4.7% at the end of the previous period.」
Tenant demand in Tokyo's office market remains firm, and the vacancy rate at existing buildings has improved from 4.7% to 4.6%. - FY2016First statedAnnual report
「In Tokyo's office building market, where more than 90% of our leasing assets, approximately 200 buildings, are concentrated, tenant demand has remained firm against a backdrop of improving business sentiment and recovering corporate earnings.」
The vacancy rate at existing buildings was 4.7%, and leasing efforts for new buildings, including Tokyo Nihombashi Tower, are also progressing smoothly.