Net sales were strong, primarily from renovation projects and office relocations. Improved profit margin due to the effect of increased revenues and greater value delivered resulted in higher-than-anticipatedprofit.
Workplace Business
Equipment & Public
Works-Related
Business
IT & Sharing Business
Net sales were strong primarily from renovation projects to accommodate new hybrid work styles and office relocations.
Improved profit margin due to the effect of increased revenues and greater value delivered resulted in significantly higher profit.
Net sales were strong primarily from demand for equipment in public facilities, including for museum and gallery exhibition cases and digital signage.
Profit margin improved due to the effect of increased revenues and greater value delivered for public facilities, resulting in significantly higher profit.
Performance was strong in system development and verification, and in office sharing, resulting in increased revenues and profit.
Itoki Corporation published this content on 23 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2023 05:39:10 UTC.
ITOKI CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of office furniture. The Company operates in two business segments. The Office Related segment is engaged in the manufacture and sale of workstations, tables, desk accessories and other office desks, office chairs, meeting chairs, system storage furniture, lockers and other storage furniture. It also provides project management (PM) services, including the repair, assembly and construction of offices, maintenance services and relocation services, as well as the maintenance, rental and recycling of office furniture. The Equipment segment is engaged in the manufacture and sale of storage shelves, office security equipment, building partitions, logistics equipment, commercial equipment, research equipment, powder equipment and others, as well as the provision of building materials and interior works. The Company is also engaged in the provision of household furniture, and the development of software.
ITOKI CORPORATION 
