Meiho Facility Works Ltd.
1717・Standard Market・Services
Office Business
Core business for private-sector clients providing PM services for office relocation, new establishment, and renovation using CM methodology
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥1,562 million (FY2026, ending March 2026) | ¥1,135 million (FY2025, ended March 2025) | ↑ |
| Segment profit (operating profit) | ¥319 million (FY2026, ending March 2026) | ¥114 million (FY2025, ended March 2025) | ↑ |
| Net sales YoY change rate | +37.7% (FY2026, ending March 2026) | — | ↑ |
Business Details
The company provides project management (PM) services related to office relocation, new office establishment, and renovation, offering a one-stop service from concept planning and site selection through to the actual move. This also includes ICT/data center construction and work-style reform support. All customer contracts are on a pure CM (construction management, management fee-based) basis, meaning the company does not bear construction contracting risk. By leveraging an accumulated cost database and establishing a competitive bidding environment, the company achieves cost minimization and supports client decision-making. Inquiries are increasing not only from private companies but also from public sector organizations.
Recent Overview
Net sales expanded sharply, up 37.7% year on year, driven by the completion of large-scale head office relocation projects, among others
In FY2026 (ending March 2026), Office Business net sales were ¥1,562 million (up 37.7% year on year), and segment profit was ¥319 million (a significant increase from ¥114 million in the prior period). Inquiries increased for large-scale relocations coinciding with the completion of newly built buildings amid major development in central Tokyo, as well as for projects requiring advanced facility specifications such as full-scale research facilities. In addition, rising recognition as a leading company advancing work-style reform and DX led to increased inquiries for workplace environment improvement projects not only from private companies but also from public organizations.
Key Products
Growth Drivers
- Increase in demand for large-scale relocations coinciding with the completion of newly built buildings, driven by a wave of new large office building construction in central Tokyo
- Rising needs for work-style reform and office environment improvement amid intensifying corporate competition for talent
- Expanding demand for specialized CM support amid an environment of rising construction costs and construction expenses
- Increasing inquiries for work-style reform support and workplace environment improvement projects from public organizations (central government ministries, local governments) in addition to private companies
- Orders for large-scale head office relocation projects associated with major corporate group integrations
Risks
- Volatility in revenue recognition dependent on the completion timing of large-scale relocation projects (revenue is concentrated at project completion)
- Risk that rising construction costs and extended construction periods lead clients to postpone investment decisions
- Fluctuation in relocation demand due to changes in office supply-demand conditions in central Tokyo (vacancy rates, rent levels)
- Constraints on order-taking capacity due to difficulty in hiring and developing specialized personnel (PM professionals)
Last updated: June 22, 2026