Utilization of Urban Infrastructure Stock Through the Space Rental Business

「During the period, one location was closed due to redevelopment in the areas where we operate. With 2 new locations opened and 1 location expanded, our operating scale as of 31 March 2026 reached 19 locations and 10,406 tsubo.」

「During the period, one location was closed due to redevelopment in the areas where we operate. With the opening of Vision Center Shinagawa Annex and the expansion of Vision Center Tokyo Toranomon, our operating scale reached 18 locations and 9,963 tsubo. Continuing to pursue our policy of “making events successful rather than selling rooms,” we will expand the business through new openings and expansion of existing locations toward the 16,000-tsubo scale set out in Medium-Term Management Plan 2028, while also strengthening our organization with a view to medium- to long-term business expansion.」

「The rental meeting room business reached 18 locations and 9,711 tsubo, and is expected to achieve the full-year target of 10,000 tsubo ahead of schedule. The company will also promote new openings and expansions at existing locations to achieve the 16,000-tsubo target set out in Medium-Term Management Plan 2028.」

「During the current fiscal year, the company opened 3 locations and expanded 3 locations, bringing its operating scale to 18 locations and 9,711 tsubo. It is now expected to achieve its full-year target of 10,000 tsubo ahead of schedule.」

「During the current fiscal year, the company newly opened Vision Center locations in 5 areas: Nihombashi, Ichigaya, Yaesu, Shinjuku, and Shimbashi, bringing its operating scale to 15 locations and 6,481 tsubo. It will continue accelerating its expansion, primarily in central Tokyo.」

「The company opened Vision Center Shinjuku Mines Tower in November, bringing its operating scale to 14 locations and 6,091 tsubo. Including Vision Center Shimbashi, scheduled to open in February, total operating area is expected to reach approximately 6,500 tsubo. The company will continue accelerating its expansion, primarily in central Tokyo. During the current fiscal year, orders increased as a result of opening or expanding 8 locations, and both revenue and profit increased year on year.」

「⑤ In the rental meeting room business, the company provided services suited to changing conditions, and data-driven customer acquisition proved effective. Through flexible, agile consultative sales focused on local customer needs, it captured demand from repeat users and new customer segments. During the current fiscal year, orders increased due to higher demand for events such as corporate training and certification examinations, the provision of one-stop services combining accommodation and dining, and the opening or expansion of 7 locations during the year. As a result, both revenue and profit increased compared with the same period of the previous year.」

「During the current fiscal year, demand for corporate training, seminars, certification examinations, nationwide academic conferences, and events increased further. As orders increased at each rental meeting room, including locations newly opened or expanded since September 2022, both revenue and profit increased year on year.」

「In addition to the 2 locations newly established in September and November 2022, the company expanded several existing locations and opened 2 new locations from February through April 2023 to meet increased demand for rental meeting rooms.」

「⑤ In the rental meeting room business, the company continued providing services suited to changing conditions and thoroughly pursuing flexible, agile consultative sales focused on local customer needs, capturing demand from repeat users and new customer segments. During the current fiscal year, demand for corporate training and seminars continued to recover as restrictions on economic and social activities were eased further. As a result, revenue increased year on year, and profit also increased despite temporary cost increases associated with opening new meeting rooms.」

「⑤ In the rental meeting room business, the company captured demand from repeat users and new customer segments by providing services suited to changing conditions and thoroughly pursuing flexible, agile consultative sales focused on local customer needs. During the current fiscal year, demand for corporate training and seminars recovered as restrictions on economic and social activities were eased, resulting in year-on-year increases in both revenue and profit.」

「⑤ In the rental meeting room business, demand for meeting rooms remained limited due to the COVID-19 pandemic. However, the company captured demand, albeit limited, by providing services suited to changing conditions and thoroughly pursuing flexible, agile consultative sales focused on local customer needs. Revenue increased compared with the same period of the previous year, but profit declined slightly due to the impact of opening new locations.」

「⑤ In the rental meeting room business, demand for meeting rooms remained limited due to the COVID-19 pandemic. However, the company provided services suited to changing conditions and responded flexibly and quickly to customer requests through locally focused operations. By thoroughly pursuing agile consultative sales, it captured new demand despite the limitations, and both revenue and profit increased compared with the same period of the previous year.」

「Although demand for training, seminars, and various events declined due to the COVID-19 pandemic, creating an environment in which the existing businesses and services could no longer operate as before, the company responded quickly to customer requests by developing new services suited to changing conditions, including customized spaces. Despite also implementing thorough cost reductions, both revenue and profit declined compared with the same period of the previous year.」

「② As of the end of September, the rental meeting room business operated a total of 21 locations (approximately 7,300 seats): 11 Vision Center and 6 Vision Room rental meeting room locations, 3 Vision Office serviced office locations, and 1 Vision Works coworking space location. The company has continued to improve service quality from the customer's perspective, increasing the number of repeat and referral customers. Although it responded quickly to new customer needs, including infection-control measures, online facilities, customized offices, and the launch of subscription-based meeting rooms, and implemented thorough cost reductions, both revenue and profit declined compared with the same period of the previous year.」

「Although cancellations rose one after another from April through May due to the COVID-19 pandemic, the company was able to capture some of the recovering demand after the state of emergency was lifted. It responded quickly to new needs, including infection-control measures and the installation of online facilities, and implemented thorough cost reductions, but revenue was flat and profit declined compared with the same period of the previous year.」

「② In the rental meeting room business, we opened Vision Room Ginza 1-chome Annex (198 seats) and Vision Room Yotsuya (45 seats) in March 2020. As of the end of March, we operated a total of 21 locations (approximately 7,300 seats): 11 Vision Center and 6 Vision Room rental meeting room locations, 3 Vision Office serviced office locations, and 1 Vision Works coworking space location.」

「② In the rental meeting room business, we opened Vision Center Hibiya (339 seats) in December 2019. As of the end of December, we operated a total of 19 locations (7,006 seats): 11 Vision Center and 4 Vision Room rental meeting room locations, 3 Vision Office serviced office locations, and 1 Vision Works coworking space location.」

「② As of the end of September, the rental meeting room business operated a total of 17 locations (6,667 seats): 10 Vision Center and 3 Vision Room rental meeting room locations, 3 Vision Office serviced office locations, and 1 Vision Works coworking space location.」

「② As of the end of June, the rental meeting room business operated a total of 15 locations (6,000 seats): 11 Vision Center rental meeting room locations, 3 Vision Office serviced office locations, and 1 Vision Works coworking space location.」

「In 2018, anticipating increased demand for coworking spaces in central Tokyo, where the company has strengths, we opened Vision Works Yurakucho in the Hibiya–Yurakucho area in May and Vision Center Tokyo Station, a rental meeting room directly connected to the Yaesu underground shopping mall at Tokyo Station, in October. We plan to open 6 additional locations in 2019. The rental meeting room network comprised 9 locations: Tokyo Station, Tokyo Yaesu Central Exit, Tokyo Yaesu South Exit, Yurakucho, Nihombashi, Nagatacho, Tamachi, Hamamatsucho, and Yokohama; the serviced office network comprised 3 locations, 2 near Kanda Station and 1 near Shinjuku Station; and the coworking space network comprised 1 location near Hibiya Station, bringing the rental meeting room business to 13 locations with 4,700 seats. As part of our future expansion, we established a subsidiary through a company split in April 2019, under the name Sun Frontier Space Management Co., Ltd., to further expand the business.」

「In October 2018, we opened Vision Center Tokyo Station, a rental meeting room directly connected to the Yaesu underground shopping mall at Tokyo Station. This brought the rental meeting room network to 9 locations: Tokyo Station, Tokyo Yaesu Central Exit, Tokyo Yaesu South Exit, Yurakucho, Nihombashi, Nagatacho, Tamachi, Hamamatsucho, and Yokohama. The serviced office network comprised 3 locations, 2 near Kanda Station and 1 near Shinjuku Station, while the coworking space network comprised 2 locations near Tokyo and Hibiya stations, bringing the total rental meeting room business to 14 locations.」

「In May this year, anticipating increased demand for coworking spaces in central Tokyo, where the company has strengths, we opened Vision Works Yurakucho in the Hibiya–Yurakucho area. As a result, Vision Center rental meeting rooms have 8 locations near stations in Tokyo, Tamachi, Nagatacho, Hamamatsucho, and Yokohama; Vision Office serviced offices have 3 locations near stations in Kanda and Shinjuku; and Vision Works coworking spaces have 2 locations near Tokyo and Hibiya stations, bringing the space rental business total to 13 locations.」

「In March this year, the company opened 2 new rental meeting room locations near Tokyo Station, Vision Center Tokyo Yurakucho and Vision Center Tokyo Nihombashi. As a result, Vision Center rental meeting rooms have 8 locations near stations in Tokyo, Tamachi, Nagatacho, Hamamatsucho, and Yokohama; Vision Office serviced offices have 3 locations near stations in Kanda and Shinjuku; and Vision Works coworking spaces have 1 location near Tokyo Station, bringing the space rental business total to 12 locations.」

「The space rental business operates rental meeting rooms, serviced offices, and coworking spaces. Vision Center rental meeting rooms have 5 locations near stations in Tokyo, Tamachi, Nagatacho, Hamamatsucho, and Yokohama. Vision Office serviced offices have 3 locations, 2 in Kanda and 1 in Shinjuku. Vision Works coworking spaces have 1 location near Tokyo Station. Vision Center Tokyo Annex, opened in June last year, was expanded in November and renamed Vision Center Tokyo. As service quality has been improved from the user's perspective, usage by repeat and referral customers has steadily increased, resulting in significant year-on-year increases in revenue and profit. Going forward, the company plans to focus on sourcing activities in cooperation with its leasing brokerage division to further expand rental meeting room locations, while anticipating increased demand for coworking spaces in central Tokyo and planning to open a new location in Yurakucho in May this year.」

「In addition to newly opening Vision Center Tokyo Nihombashi in May this year and Vision Center Tokyo Annex in June, the company opened Vision Center Nagatacho and Vision Center Hamamatsucho in September this year in cooperation with its leasing brokerage and property management divisions. As service quality has been improved from the user's perspective, usage by repeat and referral customers has steadily increased, resulting in significant year-on-year increases in revenue and profit. In addition, Vision Center Tokyo Annex, which opened in June this year, is scheduled to be expanded in November.」

「The company opened Vision Center Tokyo Nihombashi in May this year and Vision Center Tokyo Annex in June. Although the openings resulted in temporary costs, the business achieved monthly profitability within a short period. At existing locations, service quality improvements have steadily increased usage by repeat and referral customers. As a result, revenue and profit both increased significantly year on year. In cooperation with the leasing brokerage and property management divisions, the company plans to open new locations, Vision Center Nagatacho and Vision Center Hamamatsucho, in August this year.」

「The space rental business, which operates rental meeting rooms and serviced offices created to address the problems of building owners with vacant space, operates 6 locations, including the newly opened Vision Center Tamachi and Vision Center Yokohama in March this year.」

「In the rental meeting room business (space rental business), revenue increased significantly year on year, driven in part by a steady increase in rental meeting room users through repeat business and referrals, and profit turned sharply positive. The company is also promoting cooperation with its leasing brokerage division and plans to open new locations in Tamachi and Yokohama in March as its fifth and sixth locations.」

「In the space rental business (rental meeting room business), revenue increased significantly year on year, driven in part by a steady increase in rental meeting room users through repeat business and referrals, and profit turned sharply positive. The company is also actively developing and operating new locations for serviced offices and rental meeting rooms in cooperation with its leasing brokerage division to expand the business.」

「One year after launching the space rental business, the number of rental meeting room users, including repeat users and referrals, has steadily increased. As a result, revenue increased significantly year on year and the business became profitable. The company is also actively developing and operating new locations for serviced offices and rental meeting rooms in cooperation with its leasing brokerage division to expand the business.」

「In the space rental business launched during the current fiscal year, monthly profitability was achieved in the third quarter. In the fourth quarter, the company acquired assets for new rental meeting rooms and serviced offices to expand the business.」