FURSYS

What FURSYS does

FURSYS (주식회사 퍼시스) is a Seoul-headquartered, publicly traded Korean corporation that designs, manufactures, and distributes office furniture and integrated workspace solutions for corporate clients. Founded in 1980 and operating for over 40 years, the company has served approximately 24,000 corporate customers and installed 1.6 million workspace seats, reportedly reaching 1 in 3 Korean office workers. Its product portfolio spans workstations (Weyard, enAble, FlowFinder, M703+), conference and training tables (Align with ITO Design, Beconn smart conference tables, Stavle with V-shaped legs, Tepui executive lounge series with Vincent Van Duysen), ergonomic and designer task chairs (Replex, Manta by Jehs+Laub, Around, Button by Claudio Bellini, Celios, CH4300), modular and executive sofas (Aerie by Anderssen & Voll, Scenario, Foldi), the Space-in-Space Cove booth family, and the Kammer executive motion desk system with LINAK actuators. The company has accumulated 79 international design awards (Red Dot, iF Design, IDEA, PINUP Best of Best) and was the first Korean office furniture brand to launch a 15-year quality warranty in April 2024.

FURSYS operates a Workspace as a Service business model combining one-time furniture sales with recurring rental/subscription, professional interior design, office relocation, and cleaning services under managed contracts supported by a digital operations management platform. The go-to-market is primarily enterprise B2B via three flagship Business Hubs (Gangnam opened May 2026, Songpa HQ, Yeouido), supplemented by authorized distributor showrooms (Gasan, Eulji, Cheonan) and a Naver Store e-commerce presence for SMB and individual buyers. FY2025 revenue was KRW 322,379,590,500 (~USD 230–250M at prevailing FX) with operating profit of KRW 5,737,130,000 (~USD 4.4M, margin ~1.8%), reflecting a sharp compression in profitability against the backdrop of a contracting Korean office furniture market. The company is led by two co-CEOs, President Bae Sang-don and Vice Chairman Park Jeong-hee (appointed March 2026), with governance including an audit committee, ESG committee, and outside-director majority on key committees.

Name

FURSYS

Legal name

(주) 퍼시스

Website

https://fursys.com

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

501–1,000 employees

Short description

FURSYS is a Seoul-based publicly traded Korean office furniture manufacturer and Workspace as a Service provider, designing ergonomic chairs, desks, conference tables, sofas, and acoustic booths for corporate clients across Korea, with 24,000+ customers and 1.6 million installed seats.

Ownership category

akta.pro rank

Product category

Office Furniture

NAICS

Office Furniture (including Fixtures) Manufacturing (3372), Office Furniture (including Fixtures) Manufacturing (33721), Interior Design Services (54141), Institutional Furniture Manufacturing (337127), Showcase, Partition, Shelving, and Locker Manufacturing (337215)

SIC

Office Furniture (2520), Retail-Furniture Stores (5712), Miscellaneous Furniture & Fixtures (2590), Public Bldg & Related Furniture (2531)

akta.pro primary industry

Office Furniture & Workspace Accessories Retail (CRALABAE)

akta.pro secondary industries

Corporate, Event & Staging Furniture Rental (Short-Term) (CRAIAOAG), Office Services & Supplies Management (Stationery, Inventory, Vendor Coordination) (IMAIALAH), Office Furniture Moving, Installation & Reconfiguration (Systems Furniture) (HSAKAKAE), Office & Desk Organization Retail (Desktop, File, Cable Trays) (CRAIAJAK)

Keywords

• Office furniture manufacturing
• Workspace design solutions
• Ergonomic seating
• Modular workstations
• Workspace rental services

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Office Furniture Sales: Direct sale of office furniture including workstations, chairs, tables, sofas, and space solutions. Products sold through showrooms and business hubs with consultation-based sales.
2. Office Furniture Rental/Subscription: Flexible rental solutions for office furniture allowing companies to reduce initial investment and adapt to organizational changes. Includes installation, management, and ongoing maintenance.
3. Office Interior Services: Comprehensive interior design services including space planning, design, construction management, and furniture coordination for office environments.
4. Office Relocation Services: Professional office moving services including furniture disassembly/reassembly, repositioning, and disposal of unused furniture.
5. Office Cleaning Services: Specialized office cleaning services for furniture maintenance and overall office environment cleanliness.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

FURSYS designs, manufactures, and sells office furniture including ergonomic chairs, modular workstations, executive desks, conference tables, modular sofas, and acoustic meeting booths. The company also delivers integrated workspace services covering office furniture rental/subscription, interior design and build-out, office relocation, and cleaning under its "Workspace as a Service" model. Distribution is through owned Business Hubs, authorized brand showrooms across South Korea, direct sales consultation, and the Naver brand store.

Product overview

FURSYS is a Korean office furniture company offering a comprehensive Workspace as a Service portfolio built around its core furniture product lines and integrated service offerings. The product portfolio spans six main categories — Workstation (desk systems such as Weyard, enAble, FlowFinder, M703+), Table (Align folding conference tables, Beconn smart conference tables, Stavle cable-managed conference tables, Tepui executive lounge tables), Chair (Replex ergonomic task chair, Manta and Around task chairs by Jehs+Laub, Button multi-use chair by Claudio Bellini, Celios, CH4300, Foldi origami-inspired stool), Sofa (Aerie modular lounge sofa by Anderssen & Voll, Scenario, various CS series sofas), Space in Space (Cove Team 4-person meeting booth, Cove Duo 2-person booth, Cove Call phone booth, Cove Solo private booth, Spot S/C/O booths), and Executive (Kammer motion desk system with height-adjustable desks, panels, storage, and accessories including monitor arms and display mounts). These are complemented by accessories such as the Aerie sofa multitap and tablet stand, Stavle side multitap, and top-mount monitor arms. The service layer provides office furniture rental/subscription, office interior design and construction, office relocation, and office cleaning — enabling FURSYS to manage the entire lifecycle of a customer's office environment through physical Business Hub locations (Gangnam, Songpa HQ, Yeouido, plus brand showrooms in Gasan, Eulji, and Cheonan), backed by a digital operations management platform and a manufacturer-backed quality warranty program of up to 15 years.

Differentiator

Problem solved

Functional benefit

Products and services

• Cove Team

Quantifiable outcome

• Serving 1 in 3 Korean office workers
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators6 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Steelcase: Global #1 office furniture manufacturer with a comparable B2B enterprise sales model, showroom network, and integrated workspace solutions (furniture + space planning + services). Most directly comparable international peer for FURSYS in product scope and target customer.
• MillerKnoll (Herman Miller): Premium global office furniture brand (Herman Miller + Knoll + others) serving enterprise customers with designer-collaboration products (similar to FURSYS's strategy with Van Duysen/Anderssen & Voll). Comparable on premium positioning, ergonomic task chairs, and modular systems.
• Haworth: Privately held global office furniture manufacturer competing in systems furniture, ergonomic seating, and architectural interiors — directly comparable to FURSYS in B2B systems, modular products, and integrated space solutions.
• Okamura Corporation: Japan's leading office furniture manufacturer with comparable B2B enterprise model, ergonomic task chairs, and integrated office solutions. Closest Asia-Pacific peer in scale and target customer profile (enterprise + public sector).
• Kokuyo Co., Ltd. Major Japanese office furniture and stationery manufacturer with a hybrid-work-focused product line and enterprise sales channels. Comparable in product breadth (furniture + workspace accessories) and Japan/Korea corporate customer base.
• Itoki Corporation: Japanese office furniture manufacturer focused on B2B enterprise sales, ergonomic task chairs, and workspace solutions. Closely comparable in product mix (workstations, chairs, storage) and target customers to FURSYS.
• Hyundai Livart (Livart): Korea's largest household furniture retailer/manufacturer (Hyundai Department Store Group subsidiary). Competes with FURSYS in the Korean home office and residential furniture segments but lacks FURSYS's B2B enterprise systems focus.

Emerging players

• Humanscale: Premium ergonomic task chair and workspace solutions company competing in the same executive/high-end enterprise segments as FURSYS. Overlaps with FURSYS's task chair (Replex, Manta) and executive chair (Celios) categories but lacks FURSYS's systems furniture and interior scope.

Broad incumbents

• HNI Corporation: US-based office furniture and hearth products conglomerate (owner of The HON Company, Allsteel). Comparable to FURSYS in office furniture manufacturing but operates at much larger scale and broader geographic footprint.
• IKEA (Inter IKEA Group): Global furniture retail giant with growing B2B/IKEA for Business offering that increasingly overlaps with FURSYS's home office and small-business segments. Not a direct enterprise competitor but a pricing-pressure reference point for the Korean office furniture category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/fursys_official
• Facebookfacebook.com/fursys.official
• Instagraminstagram.com/fursys_official
• Xx.com/fursys
• LinkedInlinkedin.com/company/fursys

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FURSYS