Dialogue with shareholders (IR activities)
Interview status (total number of interviews per year)
220 dialogues with institutional investors and analysts *Including various information sessions
Main responder
| Investor interview | President and CEO Director and Managing Executive Officer Managing Executive Officer General Manager of Corporate Communications IR/SR Manager IR Manager |
|---|---|
| Conference sponsored by securities companies | |
| small meeting | |
| Financial results briefing | |
| Business briefing session |
Stock price trend (relative stock price with the end of December 2020 as 100)
Macro Trend Analysis
- Gradual economic recovery since the COVID-19 pandemic
- Increased demand for office renovations due to the spread of human capital management and the challenges of securing human resources
- Diversifying office furniture needs due to the spread of work remotely and video conferencing
- Impact of trends in the global economy and international affairs
Performance/individual company analysis
- The four major office business companies have increased their sales by an average of 4% over the past 10 years
- Expanding office demand due to human capital management and its spread to local areas
- Leveraging design as a strength, we provide added value to offices based on services, focusing on renovation projects
In 2024, operating profit is expected to reach 10 billion yen, marking the fifth consecutive year of profit growth and the second consecutive year of record high profits. We are making steady progress toward our medium-term management plan, and our profitability has been highly praised by shareholders and investors.
We will continue to hold dialogues on topics such as the growth potential of office demand, which is expanding into regional areas against the backdrop of human capital management, the advantages of a business model that provides high-value-added office environments centered on renovations, and new growth drivers such as the Office 3.0 field, in order to promote sustainable growth.
Main themes and shareholder interests
- Progress in the first year of the medium-term management plan
- Expansion of office investment into regional areas
- Future predictions for the office market and our direction
- Status of renovation and new construction projects
- Progress of key strategies in the medium-term plan
- Progress in building the Office 3.0 business model
- Business model strengths and characteristics
- Equipment & Public Works-Related Business Details
- The status of management leadership
- Background to improving internal engagement
Feedback to management
| Content | |
|---|---|
| Quarterly IR Status Report | Compile comments from interviews with investors and analysts after the financial results announcement, and report on issues and next steps |
| Stock price related indicators/stock price information | Reporting analysis of market conditions, our stock price, trading volume, etc. |
Feedback to the Board of Directors
| Content | |
|---|---|
| Half-year shareholder composition | Report on dialogue with shareholders and investors, shareholder composition every six months, investor expectations and issues |
| Management that takes into account capital costs and stock prices | Supplementary financial statements will be submitted to the Board of Directors in conjunction with the disclosure of annual financial statements and disclosed in a timely manner. |