Shared office brand "WORKING SWITCH ELK" makes its first expansion into Tokyo, opening in Shibuya. Zero-Ten Park commissioned to produce the opening.

Zero-Ten Park Inc. (Headquarters: Hakata-ku, Fukuoka City; Representative Director: Jiro Enomoto) has been commissioned by Kanden Realty & Development Co., Ltd. (Headquarters: Kita-ku, Osaka City; President & Representative Director: Emi Fukumoto) for business planning and opening support consulting work for the shared office "WORKING SWITCH ELK SHIBUYA," which is scheduled to open near Shibuya Station, Tokyo, at the end of August 2026.

This facility marks the first expansion into Tokyo for the shared office brand "WORKING SWITCH ELK," which has been developed in the Kansai area. Based on an analysis of the market environment and competitive landscape in the Shibuya area, Zero-Ten Park is supporting the formulation of business plans, concept design, and plan/service design for this project, acting as a partner in planning and promoting facility development toward opening. Regarding operations after opening, the company also plans to provide consistent support, including marketing measures, handling inquiries and previews, contract work, and building an operational structure with on-site resident staff.

■ Background and Purpose of Collaboration

Kanden Realty & Development was planning to expand its shared office brand "WORKING SWITCH ELK," which it had developed in the Kansai area, into Tokyo at the "Kanden Realty Shibuya Building" it owns in Shibuya-ku, Tokyo.

In the shared office business, business design based on location characteristics, competitive environment, and target user demographics, as well as leasing strategies to increase facility utilization rates and plan designs suited to the market, greatly affect business revenue. Against this background, Zero-Ten Park was selected as a partner for business planning and opening production, highly evaluated for its diverse track record in shared office development and operation—both directly managed and commissioned—as well as its operational know-how and leasing capabilities.

In this project, Zero-Ten Park is conducting market research, such as investigating competing facilities and analyzing usage trends in the Shibuya area, and based on the results, is proceeding with the formulation of business plans, examination of facility concepts, and plan and service design through repeated discussions with Kanden Realty & Development.

■ Zero-Ten Park's Operating Track Record and Strengths

Zero-Ten Park Inc. is a company that develops flexible office planning, operation, and consulting businesses, such as shared offices and coworking spaces, domestically and internationally. Its directly managed and commissioned operating bases currently amount to 70 locations, operating 18 staffed facilities and over 50 unstaffed facilities (as of March 2026, including 2 bases preparing to open).

Leveraging the know-how cultivated through the development and operation of its own facilities, the company is also involved in many commissioned operations of flexible offices from major developers and large operating companies, supporting business design and operation strategies tailored to the market environment and user demographics.

Through a hands-on development and operation system that integrates marketing, sales, and operations, the company contributes to maximizing facility value, such as maintaining high utilization rates and improving profitability, by implementing optimal operation plans tailored to the user demographic of each facility. The company supports solving a wide range of issues related to facility operations, from launching new flexible offices to improving profitability of existing facilities, brushing up services, and vitalizing communities.

Proposals and consulting based on such operational know-how, as well as a results-oriented operational style, are highly evaluated from various quarters, and the company is also working on long-term growth support while enhancing brand value.

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■ About "WORKING SWITCH ELK SHIBUYA"

"WORKING SWITCH ELK SHIBUYA" is a shared office & coworking space with the concept of "Designing 'work' — Free your sensibilities, master your inspiration —".

Located in a prime location within walking distance of Shibuya Station, it centers on private offices accommodating 1 to 10 people, and also offers a variety of coworking plans useful as satellite offices for corporations as well as individuals.

In addition to a lounge space that stimulates inspiration and web conference booths, the facility provides an environment where users can switch modes depending on their mood and work style, with dimmable/color-tunable lighting, a relaxing terrace, and high-quality coffee.

In the development of this facility, based on an analysis of the market environment and competitors in the Shibuya area, Zero-Ten Park has held repeated discussions with Kanden Realty & Development from the examination stage of business plans and plan design, supporting the materialization of the facility concept and spatial composition. The company also made proposals based on its operational track record knowledge regarding flow lines and layouts assuming usage scenes, equipment plans, pricing structures, etc., and has been involved in facility creation taking profitability and utilization rates into account. In addition, our company will also handle operations after opening.

By combining the brand value of "WORKING SWITCH ELK," which Kanden Realty & Development has expanded in the Kansai area, with the flexible office planning and operation know-how cultivated by Zero-Ten Park, the goal is to create a new workspace suited to the characteristics of the city of Shibuya.

■ Facility Overview

[WORKING SWITCH ELK SHIBUYA Official Website]

URL: https://workingswitch-elk.com/shibuya/

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■ Comment from Mr. Masaki Miyamoto, Tokyo Metropolitan Area Business Division, Kanden Realty & Development Co., Ltd.

For the first Tokyo expansion of our brand, which has built a track record in Kansai, we selected Zero-Ten Park as our partner because we highly evaluated their stance of carefully deciphering the context of the brand and expanding its value, in addition to their abundant development and operational expertise in the Tokyo metropolitan area.

Zero-Ten Park's initiatives so far have advanced the project with a sense of speed and high execution capability against issues, leading to solid trust.

Moving forward, we expect to refine the uniqueness of this facility through co-creation and nurture it into a place that continuously attracts people and stimulates the sensibilities of working people.

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[Future Outlook]

Toward the opening of this facility, Zero-Ten Park Inc. will continue to promote PR and marketing measures and support office leasing activities, aiming to improve the facility's value and realize stable operations, including operations after opening.

Going forward, in the utilization of real estate such as office buildings and commercial facilities, we will continue to work on creating new value through flexible office planning, development, and operational support, while multiplying business design with an eye on facility profitability and utilization rates with on-site operational know-how.

<Reference Information>

■ Press release from Kanden Realty & Development Co., Ltd. regarding this matter is here

→ https://www.kanden-rd.co.jp/pdf/260330_01_krd_pr.pdf

■ Details on Zero-Ten Park Inc.'s facility operation and commissioned business are here

→ Business Introduction Page: https://zerotenpark.jp/services/

→ Flexible Office Operation Commissioned Business Page: https://zerotenpark.jp/services/flexible-office

→ Project Case Page: https://zerotenpark.jp/cases

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[Company Information]

Zero-Ten Park Inc.

Based in Fukuoka City, develops and operates the workspace & community facility "Zero-Ten Park" (formerly The Company) domestically and internationally.

In addition to operating our own bases, we broadly conduct businesses utilizing diverse facility operation expertise, such as planning, opening support, and commissioned operation of shared offices and flexible offices.