Sustainable Management

BALANCING SOCIAL VALUE WITH ECONOMIC VALUE: ACTIONS

Mirai Yokoku

Mirai Yokoku 2024

CASE

A Project to Make Buildings Profitable Again (Increasing the Value of Vacant Buildings)

We have defined our social role as that of a work and lifestyle company. This means that we now transcend our traditional categories of furniture and stationery and expand the reach of our business fields. The strategy for the furniture business as set out in the fourth medium-term plan, Unite for Growth 2027, is to leverage our strengths to expand the business fields and generate synergies with existing businesses. Part of this strategy involves increasing the value of spaces by applying our expertise in delivering value in furniture, fixtures, equipment, and interior design for offices. Increasing the value of spaces means interior renovation work that incorporates the functions people demand and ensures that the space is commercially viable. An example of increasing the value of spaces is Creative Lounge Mov, a members-only co-working lounge that opened in Shibuya Hikarie in 2012. Another example is The Campus Flats Togoshi. Opened in 2023 in the Togoshi area of Tokyo, The Campus Flats Togoshi is an apartment building that once served as a company dorm. We renovated the building, converting it into a co-living space.

Drawing on the spatial design expertise we developed in our existing businesses, we established the Asset-Value-Up Office to meet emerging demand related to spatial assets. For example, we anticipate a growing demand for addressing the problem of vacant office space in small- and medium-sized office buildings. We also expect that the rising cost of constructing office buildings will drive demand for increasing the value of office space in existing office buildings. In March 2025, we took the first step in this new business by acquiring a vacant office building in the Kuramae district of Taito-ku, Tokyo.
We will build our track record in increasing the value of spaces by engaging in real-estate planning for investment, engaging in architectural renovation, and creating a model for managing the property once it enters service. In this way, we will expand the reach of our field into real-estate renovation.

Project concept, photo of office building acquired in Kuramae
Creative Lounge MOV
First real-estate renovation project: A shared office (Mov Kuramae)

CASE

Contributing Toward a Circular Economy: Promoting Use of Sustainable Materials through Loopla for Office Furniture

With growing public interest in the environment and with companies increasingly expected to engage in sustainability, we follow a set of guidelines titled Sutenai Circle, which guides us in recycling resources and contributing to a circular economy. One of our circular-business initiatives is Kaunet’s Loopla service. This service collects used plastic folders from offices and other workplaces and recycles them into new products, without burdening the users. Through Loopla, KOKUYO recycles the used folders into office chairs. In another example of our range of circular-business initiatives, paper offcuts generated during the production of notebooks and other products are reused as material for a line of office chairs called Kamikara. Kamikara fabric is made from 20% paper and provides the durability and other physical properties that office furniture requires.

An office chair (Picora Livina)
An office chair (Picora Livina)
  • *Japanese Only

Mirai Yokoku 2023

  • *Japanese Only

Mirai Yokoku 2022

  • *Japanese Only

Sustainable Academia

Wellbeing among Communities

We held an educational event comprising a range of activities, including discussion sessions, workshops and exhibitions, on the theme of supporting innovation based on an understanding of disability and awareness of social barriers. Activities included an “ABC of Hows” exhibition explaining the background to, and letting employees experience, the stationery, office supplies, furniture and other products developed through our Hows Design inclusive design process; a hands-on workshop with experts, including Professor Shinichiro Kumagaya of Tokyo University’s Research Center for Advanced Science and Technology; immersive training to understand the world from the perspective of a person with disabilities, led by Heralbony Co., Ltd; and a boccia ball game session for all, whether able-bodied or disabled. Around 800 of our employees participated in this event.
This was an opportunity for our employees to understand what kind of society we are aiming for and to discover how to act. 88% of participants said they felt they had learned something from the event.

December 2024
ABC of Hows: An event introducing Hows Design to employees

Circular economy

Because our business activity connects with recycling in so many ways, it is vital that most of our employees understand what is meant by the circular economy and know what they need to do in their own job areas to realize it. To this end, in 2024 we held three educational events on the theme of thinking how we can continue as a business sustainably, which delved into this issue more deeply than ever before and enabled our employees to experience recycling for themselves.
We invited ECommit CEO Teruyuki Kawano to our “thinking about recycling from a business perspective” event, where he had a discussion with the heads of Kokuyo logistics subsidiaries about how and why we should recycle resources. The other events were an office away-day to visit an industrial waste processing site and a workshop on how to design a circular business. A total of 540 employees participated across these three events.

Circular economy
October 2024
A talk session with ECommit CEO Kawano and the heads of two logistics subsidiaries (part of the “thinking about recycling from a business perspective” seminar)

Sustainable lab

Sustainable lab is a platform for employees to develop and implement their own plans towards solving the KOKUYO Group’s material issues. During FY2024, a total of nine teams throughout the group challenged themselves to find solutions in areas such as improving wellbeing and contributing toward a circular economy, and shared their results. This provided a forum for employees to take ownership of and rethink familiar issues and for related parts of our business to benefit from new insights into issue resolution.

Sustainable lab
March 2025
Sustainable Lab participants present their work

Employee survey

We carried out a survey to understand the current level of awareness among our employees and to provide a reference point for future initiatives towards achieving our 2027 goal for 100% of employees addressing socioeconomic issues through their job.

A total of 41.5% of our employees responded “definitely” or “probably” to a question asking whether they believe they are creating social value through their own job. We will implement measures to achieve the 2027 100% target and carry out further surveys to understand how far awareness of addressing socioeconomic issues through their job has permeated our organization.

Do you think you are creating social value through your job?
Results in March 2025
*The percentages shown above may not add up to 100% because they have been rounded.
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