Fujitsu to move out of Tokyo as remote work takes hold

Smaller cities attract corporate headquarters with lower rents and tax cuts

Several new office buildings are set to go up in central Tokyo in the coming years, leading to concerns about a supply glut as bigger companies leave the capital. (Photo by Arisa Moriyama)

Nikkei staff writers

September 23, 2023 02:42 JST

TOKYO -- Major Japanese companies like Fujitsu are moving their headquarters out of central Tokyo, aiming to downsize offices and reduce rent as pandemic-era remote work trends take root.

Fujitsu will move its headquarters from the Shiodome area of central Tokyo to several buildings in the nearby city of Kawasaki, Kanagawa prefecture, in 2024, the company said Friday.