Xymax Real Estate Institute

RESEARCH REPORT

Metropolitan Areas Office Demand Survey 2016
Demand Trends
Office demand is changing. Capture the trends.

January 12, 2017

Keeping workers and improving productivity are urgent matters facing companies in Japan; labor shortage
from the aging population and decline in working-age population is a nationwide problem. More companies
are starting to allow employees to be flexible on where and when they work. This trend will impact the officespace demand. For example, not only the required size of office but also the preferred location and the way ofusing the office space will be different in the future.
Xymax Real Estate Institute started a regular survey on the use of office space and ways of how people work.
Based on the survey, we examine the impact of the trends on office space demand. The study of demand trends
from our first survey is covered in this report.

Summary of Survey Results: Demand Trends
1. Office Space Demand Change October 2015 – September 2016 (Page 2 – Page 7)
Demand is strong. "Increase" and "expand" exceeded "decrease" and "downsize".
Number of workers:

Increased (36%)

Decreased (13%)

Size of office:Expanded (9%)

Downsized (3%)

Figure 1

 Similar result for rent per tsubo (incl. CAM): Increased (13%) Decreased (4%)
 Variance between increase/expand and decrease/downsize in office size and rent was different byindustry and by location.
 Some companies still think their office is not large enough (33%).
2. Use of Office Now / How the Use Has Changed (Page 8 – Page 11)
Companies are beginning to allow alternative workspaces such as hot-desking office, homeof employees, mobile-work office, etc.
Use of Office and Alternative Workspaces Available Now• Refresh spaces (22%)• Hot-desking office (18%)• Branch offices equipped the same as the main office (23.8%)• Work-from-home program (15.7%)• Mobile-work office (4.4%)

Figures 10, 12

Year-on-Year Changes• Meeting rooms and personal desk areas were often expanded in new layout.
• Other than the layout change, work-from-home programs topped the list of changes.
Figures 11, 13
3. Outlook (2-3 years) – Office Space Demand in Near Future (Page 12 – Page 13)
Demand will remain strong. "Increase and "expand" exceeded "decrease and "downsize".
Number of workers:
Increase (38%)
Decrease (3%)
Size of office:Expand (20%)
Downsize (4%)
Figure 14
TOPICS: Expand Office into Areas Outside Tokyo (Page 14 – Page 15)
Of the companies with office in Tokyo, 16% said they are interested in having officesomewhere else.
Figure 16

Metropolitan Areas Office Demand Survey 2016 Demand Trends
All the contents are as of the date of this report. Xymax Corporation does not guarantee the accuracy or completeness of the information herein.
Copying, quoting, forwarding, distributing, reprinting or any other use of this report is not allowed without prior permission from Xymax Real
Estate Institute Corporation.

Copyright © 2017 Xymax Corporation. All rights reserved.

1

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute

1. Officce Spacee Demand Change Octtober 20
015 – Seeptemb
ber 2016
6
1-1. Officce Workers, Size
S and Rent

Morre companiess had an incrrease in num
mber of office workers (36%) than a deecrease (13%).

Morre companiess had an exp
pansion of offfice size (9%)) than a downsizing (3%)..

Morre companiess had an incrrease in rent per tsubo (inncl. CAM) (133%) than a deecrease (4%)).

Figure 1 sho
ows the channges in numbber of office w
workers, size of office spa
ace and officee rent per tsu
ubo includingg
CAM charge
e over the yea
ar starting October 2015 and ending September 2016.
2
The numberr of people workingw
at offfice has a g reat impact on office demand. The ccompanies withw increaseddheadcount e
exceeded the
e companies withw decreassed headcoun
nt by 23 poinnts. Likewise in the size off office spacee,the companiies with expa
ansion exceeded the com
mpanies with downsizing by 6 points. In the rent per
p tsubo, theecompanies w
with increase exceeded thhe companiees with decrea
ase by 9 poinnts.
This tells us that the dem
mand for offfice space is strong and suchsdemandd has led to limited availability in theemetropolitann areas. Anotther finding here is that ssome compa
anies added workers
w
withhout expanding the officee.
If you compaare the comppanies with increased heaadcount andd the compan
nies with officce expansion
n, the latter issmaller.

Figure 1: Officee Space Year-on-Year Ch
hange
(Sing
gle answer) (n=11,124)

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
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orporation.

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2

RESEARCH
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T｜Xymax Reeal Estate Innstitute1-2. Size of Office Space (Details)
en expandedd, "in the samme building" ((49%) exceed
ded "relocation" (30%) annd "sub-office" (11%).
Whe
The most popula
ar purpose was
w "hired moore workers anda office beecame too smmall" (62%).



Wheen downsizedd, "relocationn" (56%) exceeeded "in thee same building" (28%). TThe most popular
purppose given byb nearly halff of the respo
ondents was "cost saving" (44%).

In office expansion, the companiescthhat expanded
d in the samee building ex
xceeded the ccompanies that relocateddto other buiilding (Figurre 2). In office downsizinng, however,, the companies that rel ocated to other buildinggexceeded the companiess that downsized in the saame buildingg (Figure 3).
As purposess for expanssion, "hired moremworkerrs and officee became tooo small" (622%) topped, followed byy"enhance reccruiting and hire more" (36%)(
and "nneed more meetingmroomms" (34%) (Fiigure 4). As purposes foordownsizing, "cost saving" (44%) topp
ped the rankiing (Figure 5).
5
Figure 2: Type ofo Office ExpaansionFigu
ure 3: Type off Office Down
nsizing(Multiple
e answers) (n=1
103)

Figu
ure 4: Purpose
e for Office Expansion(Multipple answers) (n==103)(Multiple annswers) (n=36)

Figure 5: Purpose of Office Downsizing(Multiple answwers) (n=36)

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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3

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute1-2. Size oof Office Spaace (Details)
S
Some companies did not expand or d ownsize theiir office but had
h an intenttion to do soo.

panies with non office sizee change ovver the year, 9% said they
y are either discussing th
he expansionnOf the compplan now or having discu
ussed it before but it wass not achieve
ed. If such po
otential expannsions are coombined withhthe actual exxpansions, thhe percentage goes up to
o 18%.
The survey aalso discovered that 2% of the comppanies are discussing thee office dow
wnsizing plan now. If suchhpotential downsizings are combined with the actu
ual downsizings, the perc
centage will b
be 5% (Figure 6).

Figurre 6: Size of Office Spacee Year-on Ye
ear Change (Actual + Po
otential)(Sing
gle answer) (n=11,124)

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

4

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute1-3. Officee Rent per Tsubo includin
ng CAM Charrge (Details)


Rentt per tsubo inncreased for 36% of the ccompanies that had expa
anded the offfice. Similarly
y, rent per
tsub
bo increased for 22% of th
he companiees that had downsizeddthe office.



Rentt per tsubo also increased for 10% of the comppanies that had
h no officce space exp
pansion or
dow
wnsizing.
1 tsubo = approx. 3.3 sqmm

Of the com
mpanies withh office expansion, thosse with incrrease in rent per tsuboo including CAM chargee(hereinafter the "rent perr tsubo") exce
eeded thosee with decrease by 23 points.
Of the comppanies with officeodownsizing, those w
with decreasse in rent per tsubo exceeeded those with increaseeby 22 pointss.
The increasee in rent per tsubo was alsoafound inn companiess that did not expand or downsize th
he office. Theecompanies w
with increase in rent per tsubo
texceedded those witth decrease by
b 9 points ((Figure 7).

Figure 7: Ch
hange in Sizze of Office SpaceS
and RentR
per Tsu bo

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

5

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute

PICK UPP
The analyysis by type of industry and by loca tion of officee shows that the variancce between increase or
expansionn and decrea
ase or downssize in office size and rentt per tsubo resultedr
diffeerently for each.
Figure 8 is a chart off two types ofo diffusion inndex (DI) bassed on the year-on-year changes. Offfice Size DI
was calcu
ulated by sub
btracting the percentage oof companies that downssized the offi ce from the percentage
of compaanies that expandedethhe office. Reent DI was calculated by subtracti ng the perccentage ofcompanie
es that had a decrease inn rent per tsu
ubo from thee percentage of companiees that had ana increase
in rent pe
er tsubo.
By Type off Industry
High percentages of companies in telecomm
munication, finance/insur
france, and reeal estate annd lease ofgoods ind
dustries had both office expansioneannd increase inn rent per tsu
ubo. Howeveer, the percen
ntages wererelatively low in the manufacturingmg and wholessale/retail industries.
By Locatioon of OfficeHigh perccentages of companiescwithw office in TTokyo or Fukkuoka prefecttures had bo
oth office exp
pansion andincrease iin rent per tssubo. The percentages weere relativelyy low in Osaka and Aichi p
prefectures.
O
Size DII and Rent DI
D (Year-on-Year Changees)
Figure 8: Office

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

6

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute1-4. App
propriate Office Size / Ecoonomic Senti mentC
Current office
e is not large enough (33%
%).



C
Current econo
omy is "goodd" or "somew
what good" (30%) versuss "poor" or "ssomewhat poor" (24%)
compared to before.

We asked the companies whether their curren
nt office is large enough. Their rep
plies were "too small" oro"somewhat ssmall" (33%) and "too largge" or "someewhat large" (13%). Somee companies still think thee size of theiroffice is not right (Figure
e 9).
Companies' economic sentiment can also influeence the offfice demand. Some com
mpanies thinkk the current
economy is "good" or "ssomewhat goood" (30%) ccompared to before, exceeeding thosee who think it is "poor" oro"somewhat ppoor" (24%) (Figure 9).

Figure 9: Appropriatee Office Sizee / Economic Sentimentt(Sing
gle answer) (n=11,124)

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

7

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute

2. Use oof Officee Now / How tthe Use Has Changed
2-1. Layyout of Current OfficeThe
ere are refreesh spaces, hot-desking
g areas and other varie
ety of areas aiming to achieve acom
mfortable and efficient workw
environm
ment.



In n
new layout, meetingmroom
m was set up
p as new or expandedebyy highest perrcentage of companies,cfollowed by perrsonal desk area,arefresh space, open meeting spa
ace and hot-d
desking areaa.
eas downsize
ed or removeed, smoking roomr
and peersonal desk came on thee top.
In tthe list of areLayyout Change DI (subtracting the down
nsizing or removal from thet new or eexpansion) wa
as above 0
for meeting roo
om, personal desk area an
nd refresh sp
pace, and below 0 for smo
oking room.

As mentione
ed earlier in 1-1,
1 only somme 10% of th e companiess expanded oro downsizedd their office over the year
which meanss the size of officeo
did noot change at 990% of the offices.
o
Even so,s changes aare found elssewhere. Howw
to use officee space has starteds
to chhange. Layou
ut change annd allowing alternativeaw
workspaces too employeess,correspondin
ng to different ways of working, are s ome examples. There is highhchance tthat this trennd will impacct
the office sp
pace demand. This change
e is also coveered in our survey.
We asked thhe companies whether th
hey have foll owing areas in their currrent office. PPersonal desk
k areas are at
94% of the ccompanies, the highest among all, fo llowed by meeting room at 78%. Thee survey resu
ult shows thatcompanies hhave differen
nt types of areasasuch aas refresh space (22%) and hot deskking area, whhich is whereeworkers can use any of th
he desks in the area (18%%) (Figure 10
0).
Figure 10: Current Office – Doo you have thhese areas? (Multiple answeers) (n=1,124)

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

8

RESEARCH
H REPORT
T｜Xymax Reeal Estate InnstituteWe asked thhe companie
es which of the areas theey have expa
anded or hav
ve downsizedd over the pastpyear anddcompared thhe variance betweenbnew
w/expansion aand removal/downsizing. Figure 11 sshows the diiffusion indexx(DI) which w
was calculate
ed by subtraccting the peercentage of companies that downsizzed or remo
oved the areaafrom the perrcentage of companiescthhat expanded
d the area orr set up as ne
ew one.
Meeting roo
om had the highesthDI at 5.8, indicatinng that the coompanies very much neeed meeting rooms in theirwas also one
office. Personal desk area
a topped thee areas expan
nded or set up
u as new at 8.9% but it w
e of the areas
removed or downsized at
a 3.6%, comppressing the DI to 5.2. The
e DI of refressh space, opeen meeting space and hootdesking areaa were also abovea0, indicating that the use of officeochangeed not only bbecause of the change innnumber of w
workers but alsoabecause of the changge in the wayy people worrk.
The DI of sm
moking room was below 0,
0 meaning itt is more rem
moved or dow
wnsized thann expanded oro set up neww.

Figure 11: Office Layo
out Change DI
D(Multipple answers) (n==1,049)Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

9

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute2-2. Worksp
paces Other than Main OfficeOCommpanies are starting to allow empl oyees to usse alternative workspacees such as setting up"worrk-from-hom
me program" or "mobile-w
work office".

Alterrnative Worrkspace DI (subtracting those redu
uced or discontinued tthe use of alternative
workkspace from those expan
nded or set up new onee) shows that "work fromm home" was the mostoffice".
popu
ular alternatiive workspacce, followed b
by "branch office"oand "mmobile-work o
All tthe Alternativve Workspacce DI was abbove 0. This means, therre were moree new/expan
nsions than
redu
uction/discon
ntinuations.

We asked thhe companies whether th
he following alternative workspacesw
area made ava
vailable by th
he companies
for the emp
ployees. The
ey responde
ed that the employees can work at
a branch offfices equipped with annenvironmentt equivalent to that of thet main offfice (23.8%). They also said employeees can work
k from homee(15.7%) and they allow employees to use mobile--work office (4.4%) (Figure 12).

M
Availabble by Comppany
Fiigure 12: Altternative Woorkspaces Made
(Multipple answers) (n==1,124)

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

100RESEARCH
H REPORT
T｜Xymax Reeal Estate InnstituteWe asked the compan
nies how theey changed tthe use of alternative wo
orkspaces ovver the past year. New oroexpansion
ped the chan of work-fro
om-home program topp
anges and itts DI was 66.1, followed by allowinggmain office and allowing
employeees to work att branch offiices with an environmen
nt equivalentt to that of mgemployeees to use mobbile-work offfice (Figure 1
13).

Figure 13: Alternattive Worksp
pace DI (Yearr-on-Year Ch
hange)((Multiple answeers) (n=1,124)

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

11
1

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute

3. Outloook (2-3
3 years)) – Officce Spacee Demand in N
Near Future

Increease in numbber of office workers
w
is exxpected at 38
8% of the com
mpanies whil e decrease iss expectedat on
nly 3% of the
e companies.. Growth in nnumber of offfice workers is expected.

Expaansion of offiice is expecte
ed at 20% off the compan
nies while doownsizing is expected at 4% of thecommpanies. Stronng demand forf office spaace is expecte
ed to continuue.

We asked thhe companie
es about the number of office worke
ers at their office in two to three yea
ars' time. Thee
increase in tthe number was expecte
ed at 38% off the compa
anies, higher than those who responnded that theenumber will decrease (3%%) (Figure 14
4).
Likewise, thee companiess that intend
d to expand
d their officee (20%) exce
eeded the coompanies th
hat intend toodownsize thee office (4%). It indicates that compan
nies' motivattion to expannd the office will remain strong in lineewith the incrrease in number of their officeoworkerrs (Figure 14
4).

O
Work
kers and Sizee of Office in Near Futu
ure (Intentio
on)
Figure 14: Number of Office(Sing
gle answer) (n=11,124)

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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122

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute

PICK UP
Figure 15 is a chart of two types off diffusion inddex (DI); the one is basedd on year-on -year change
e whilethe other iss based on in
ntention in th
he near futurre. Both weree calculated byb subtractinng the downssizing
from the exxpansion.
By Type of IIndustry
Regardlesss of industry, companies havehstrong i ntention to expande
the size of office. In particular,r, demandfor office space in the pastpand near future was strong in rea
al estate and lease of goo
ods industry, financeand insurance industry,, telecommunication indu
ustry and aca
ademic reseaarch and proffessional or technicaltservices ind
dustry. In con
ntrast, manufacturing com
mpanies sho
owed relatively weak dem
mand both in the pastand near fu
uture.
By Locationn of Office
Tokyo and Fukuoka preefectures saw
w relatively sttrong demannd for office spacesin the past and nea
ar future.
The demannd for office space in Aichhi was weak in the past butb the intenttion to expannd was strong. In
Osaka, the demand in thet past and intention weere both wea
ak.
e Size DI (Yeaar-on-Year C
Change) andd Office Sizee DI (Intentio
on in Near Future)
F
Figurre 15: Office

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

13
3

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute

TOPICS
S: Expannd Office into A
Areas Ou
utside Tokyo
T
Under the nation's reg
gional revita
alization po
olicy, the Japanese gov
vernment is trying to end Tokyo's
over-concen
private-secto
ntration by encouragingeor companiees and goverrnmental offfices to move to regiona
alareas. We assked the com
mpanies what they think aabout having an office in areas other tthan Tokyo.
Of the companiess, 16% are ve
ery much intterested or soomewhat intterested in h aving an office in areas
otherr than Tokyo (such as reloocating the mmain office, having a satellite office theere, etc.).



By in
ndustry, "seervice (thosse not classsified to other sectoor)" was thhe top, fo
ollowed by"teleccommunication".

Comppanies are intterested beca
ause they ca n hire local workers,w
office occupancyy cost (rent, etc.)e
is moreafforddable, and it is for the reg
gional busineess expansionn.

The compan
nies with officce in Tokyo werew
asked aabout possib
bility of havinng an office iin areas outsside of Tokyoo.
Those who ssaid they are very much innterested or somewhat innterested in made up 16%% of all (Figuure 16).
By industry,, the service
e industry (those not included in other sectoor) came o n the top, followed byy
telecommun
nication indu
ustry. The whholesale and retail indusstry and man
nufacturing iindustry shared the thirddplace (Figurre 17).
gure 16: Aree You Interessted in Having an Officee Outside To
okyo?
Fig
(Sin
ngle answer) (n=
=670)

Fig
gure 17: Ind
dustry of Com
mpanies Intterested in Having
H
an Office in Areaas Outside TokyoT(Sinngle answer) (n==110)

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

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ht © 2017 Xymax Corporation. All rights reserved.

14
4

RESEARCH
H REPORT
T｜Xymax Reeal Estate InnstituteAs reasons w
why they are interested in having an ooffice outside
e of Tokyo (suuch as relocatting the mainn office or seetup a satellite
e office, etc.),, 35% said be
ecause they w
want to hire local workerrs, 34% said b
because of the affordableeoffice occup
pancy cost (reent etc.), andd 29% said b
because theyy are going tot expand thhe business into that areaa(Figure 18).
Figure 18: Why Are Yo
ou Interested
d in Having an Office inn Areas Outsside of Tokyoo?
(Mul tiple answers) (n=110)

We asked su
uch companie
es which areas are you in
nterested in. Kanagawa prefecture (211%) was the mostmpopularchoice by reespondents, followed by Fukuoka (122%) and Chiiba (12%) (Figure 19). FFukuoka took
k the seconddplace in the list mostly dominated byy prefectures near Tokyo.
ure 19: Whenn having an office in areeas outside Tokyo, whic
ch areas do yyou have inn mind?
Figu(Multtiple answers) (nn=110)

1

Kanagawa

21%%

8

Okinawwa

6%

2

Fukuoka

12%
%

8

Aichi

6%

2

Chiba

12%
%

8

Shizuokka

6%

4

Saitama

11%%

8

Yamanaashi

6%

5

Hokkaido

10%
%

6

Osaka

8%
%

6

Miyagi

8%%

Metropolitan A
Areas Office De
emand Survey 2016 Demand Trends
All the contents aare as of the date ofo this report. Xym
max Corporation ddoes not guarante
ee the accuracy or completeness of the information herein.
h
Copying, quotingg, forwarding, disttributing, reprintin
ng or any other u se of this report is not allowed witthout prior permiission from Xymaxx Real
Estate Institute Co
orporation.

Copyrigh
ht © 2017 Xymax Corporation. All rights reserved.

15
5

RESEARCH REPORT｜Xymax Real Estate Institute
Survey Overview
TimingOctober 2016

TargetRespondents

3,252 companies• Companies that are tenants of office buildings managed by Xymax Group• Client companies of XYMAX INFONISTA Corporation

Effective
Responses

1,124 companies

GeographicalCoverage

Prefectures in Japan (Tokyo, Osaka, Aichi, Fukuoka, Kanagawa, Saitama, Chiba and others)

Distribution

Either by email or questionnaire sheet

Response rate: 35％

Demand Trends
Company Profile
・ Industry, place of headquarters, number of employees, year of incorporation
About the office・ Location, nearest station, leased area, number of office workers, rent per tsubo

TopicsCovered in
SurveyHow the office is used, how the use has changed
・ Layout of office, how it has changed(new or expanded the area; downsized or closed the area)
・ Use of workspaces other than main office, how the use has changed(new or expanded workspace; downsized or closed the workspace)
Office space demand change October 2015 – September 2016
・ Number of office workers
・ Size of office, details of the change, purpose, relocated to which area
・ Rent per tsubo
・ Appropriate size or not, economic sentiment
Outlook of office space demand・ Number of office workers in near future・ Intention to expand/downsize the office, reasons, to which area
Interest in Having Regional Offices
・ Degree of interest, which area, reasons・ Reasons if not interested. What might make you interested?

(*1) Team desking: Desk areas designated for use by department or by team. The members can use any of the desks within the area.
(*2) ABW (Activity Based Working): Booths to concentrate on solo work, a space to collaborate with team members, or other spaces within the office
dedicated for a particular work(*3) Company's branch office, etc.: Branch offices or similar kinds of the company. The company provides an environment equivalent to that of the main office(*4) Other company's office: Offices of other companies such as affiliated companies, client or partner companies where employees are allowed to use(*5) Mobile-work office: Offices near terminal stations in a city center where employees use for a short period of time. Such offices are equipped withenvironment equivalent to that of the main office. The examples of this type of office include the serviced office and shared office operated by othercompanies.
(*6) Satellite office: Offices in regional or local areas where employees work for long hours. Such offices are equipped with environment equivalent
to that of the main office. This type of office can be those set up by the company or set up and operated by other companies.

This report is a summary of "demand trends" from our survey on "demand trends" and "way of working and office". Anotherreport featuring the "way of working and office" will be released later.

Metropolitan Areas Office Demand Survey 2016 Demand Trends
All the contents are as of the date of this report. Xymax Corporation does not guarantee the accuracy or completeness of the information herein.
Copying, quoting, forwarding, distributing, reprinting or any other use of this report is not allowed without prior permission from Xymax Real
Estate Institute Corporation.

Copyright © 2017 Xymax Corporation. All rights reserved.

16

RESEARCH REPORT｜Xymax Real Estate Institute

4. Profile of Respondent Companies(Upper row: %Lower row: number)

Industry
Service(those not classified
to other sector)

Wholesale /RetailManufacturing

Telecommunications

Academic research /Professional or
technical service

Construction

21%

16%

14%

13%

7%

7%

238

183

153

145

76

75

Real estate /Leasing of goods

Financial /Insurance

Medical /WelfareUnclassified

Transportation /Postal service

Education /Learning support

5%

4%

3%

2%

2%

2%

61

45

39

22

21

19

Multi-service

Daily life services /business

Entertainment

Civil service(excl. those classified
to other sectors)

Accommodation /Electricity, Gas,

Mining / Quarry /Food & beverage

Heat, Water

Gravel extraction

1%

1%

1%

1%

1%

0%

13

10

7

7

7

2

Agriculture /Forestry

All
0%

100％

1

1,124

Number of Employees
10 and below

11-50

51-100101-300

301-500

501-1,000

1,001+

All

14%

24%

10%

19%

7%

9%

16%

100％

161

273

118

212

77

105

178

1,124

Sales officeSub-officeSatellite
officeCall center

ComputerroomType of Office
Head office

Branchoffice

Other

All

58%

27%

10%

2%

0%

0%

0%

2%

100％

650

300

118

18

4

3

3

28

1,124

Location of Office (Prefecture)
Tokyo

Osaka

Aichi

Fukuoka

Kanagawa

Saitama

Chiba

Other

All

60%

14%

8%

7%

7%

3%

1%

0%

100％

670

152

94

79

77

34

13

5

1,124

Size of Office under Lease Contract in tsubo
30 and below

Up to 50

(1 tsubo = 3.3 sqm)

Up to 100

Up to 200

200 and above

Not answered

All

18%

15%

22%

17%

23%

5%

100%

203

174

243

188

259

57

1,124

Graphs contained in this report:• The sum of the rates may not be 100% in some cases because the rates are rounded to the second
decimal place. The sum of the rates of multiple answers is not 100%.
• In Figures 4, 18 and 19, only the top items are shown.

For questions on this report, please contact us.
Xymax Real Estate Institute
PHONE: +81 3 3596 1477 FAX: +81 3 3596 1478 info-rei@xymax.co.jp
Metropolitan Areas Office Demand Survey 2016 Demand Trends
All the contents are as of the date of this report. Xymax Corporation does not guarantee the accuracy or completeness of the information herein.
Copying, quoting, forwarding, distributing, reprinting or any other use of this report is not allowed without prior permission from Xymax Real
Estate Institute Corporation.

Copyright © 2017 Xymax Corporation. All rights reserved.

17