MITSUI FUDOSAN · 09-10 TOKYO MIDTOWN 11-12 Bayside Neighborhood Creation / Kashiwa-no-ha Smart...
Transcript of MITSUI FUDOSAN · 09-10 TOKYO MIDTOWN 11-12 Bayside Neighborhood Creation / Kashiwa-no-ha Smart...
MITSUI FUDOSAN2020CORPORATE PROFILE
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Top Message
ESG Management
Human Resources Strategies/Consolidation of Head Office Functions in Our New Office
Mitsui Fudosan's Neighborhood Creation
Office Buildings
Retail Properties
Hotels and Resorts
Homes and Living
Solution Partner
Logistics Properties
Innovation Initiatives
Life Science Innovation Promotion Business/Space & Environment Institute/CARE DESIGN Department
Corporate Data/Executive Officers/ Domestic Network
Organization Chart
Major Group Companies
Financial Highlights
History
CONTENTSGROUP STATEMENT “Bring affluence and comfort to urban living”
(Established: June 1999, Revised: April 2018)
GROUP MISSION What is expected of us
Provide business and lifestyle-related solutions and services・Maximize urban value creation by providing secure, safe and attractive urban spaces and soft services that bring enrichment and comfort to urban living.・Provide variable and innovative solutions that stimulate the real estate investment market.
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Work in partnership with customers from a global perspective・Treat customers as the business foundation on which to progress and develop the Company.・Propose and provide products and services by deploying the collaborative strength of the Group with a multidisciplinary approach that meets the real needs of customers.・Work in partnership with customers to raise brand value by continuously providing services that are highly valued by them.
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Raise our corporate value・Raise corporate value through sustainable pro�t growth and continual innovation.・Optimize the allocation and use of available resources and pursue ef�cient operations.・Conduct operations while closely monitoring and managing business risks.
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Create a strong corporate group by enhancing the capabilities of individuals・Seek to maintain a creative and pioneering spirit by integrating various skills and values.・Cultivate and institutionalize the professional capabilities of individuals to enhance our ability to create value-added products and services.・Maintain high awareness of ethical, disciplinary, and compliance issues, and act accordingly.
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We seek to create a pro�table and growing Mitsui Fudosan Group, acting honestly and fairly to realize the capabilities of the entire organization.
A profitable and growing Mitsui Fudosan Group3
Evolution and value creationBy bringing knowledge and experience together in diverse ways, we seek to advance the real estate business and create new value, both at home and abroad, proactively responding to global changes in social environments and market structures.
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GROUP VISION What we want to be
Seeking to link diverse values, coexist in harmony with society and achieve a sustainable society, as symbolized by the Mitsui Fudosan “ ” logo, we will work to foster social and economic development as well as global environmental preservation. Under “ ”, we will aim for a society that enriches both people and the planet.
Philosophy1
09-10 Nihonbashi Revitalization Plan
11-12 TOKYO MIDTOWN
13-14 Bay Area Neighborhood Creation/Kashiwa-no-ha Smart City
15-16 Global Initiatives
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Top Message
Hiromichi IwasaChairman of the Board and Chief Executive Of�cer
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Masanobu KomodaPresident and Chief Executive Of�cer
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With building a Sustainable Society as our aim,we are contributing to solving ESG issues and the achievement of SDGs.
a vision that calls on us to: “Successfully establish a sustainable society through the creation of neighborhoods”, “Harness technology to innovate the real estate business”, and “Evolve into a global company”, and despite the global crisis of the spreading pandemic, I believe that this direction will remain unchanged. Without access to an ef fective vaccine and therapeutic treatments, people currently have to refrain from unnecessary contact with others, but these circumstances are by no means how everyday will look in the future. We human beings are social animals by nature, and through that contact, we create energy. Once cures and preventive measures against this virus become available, the future will be as it should be: a world where people gather in cities, creating various value and innovation through vibrant interaction. We have no doubt that this future is waiting for this crisis to turn the corner. For this reason, we will continue to aim to “successfully establish a sustainable society through the creation of neighborhoods”. The rapid advance of Digital Transformation (DX) also is in synch with the direction set in “VISION 2025”. Some examples of our DX-ready solutions include shared of�ce “WORKSTYLING” as promoted by our Group, the fashion EC site “&mall”, and “MFLP ICT LABO 2.0” in our logistics facilities business. The world of tomorrow will see even more diversi�cation of work styles and lifestyles, and we are entering an era that demands even higher levels of fusion of the digital and real world. It may be necessary to revise our initial assumptions regarding the required speed and scale of change, but we will continue to implement various measures that will “harness technology to innovate the real estate business." Some have pointed to the global COVID-19 pandemic as evidence of a “negative aspect” of globalization. However, the globalization promoted by our Group is completely different from that concept. Our global business is not primarily focused on people moving across borders. In overseas markets, we establish our real estate business as a local business, and leverage the integrated strength and capabilities of the Group to develop and expand value-added projects locally. In this way, we can continue to expand our business in the future and to “evolve into a global company.” The challenges presented by the COVID-19 pandemic are an opportunity to reaf�rm our belief that companies not only are about making pro�ts, but also have an obligation to ful�ll social responsibilities. In a crisis like this, protection of the lives and health of people comes �rst and foremost. As a consequence, we must accept restrictions on sales activities and temporary declines in pro�ts. And if tenants or other business partners face extreme dif�culty, if we have the capacity and can afford to lend even a little assistance, we must reach out. Support of healthcare workers on the frontlines of �ghting this virus is also necessary. We believe that these efforts comprise the essence of realizing a sustainable society and are in line with the spirit of ESG. Maintaining this perspective, our Group will redouble efforts to advance our ESG management and to make “VISION 2025” a reality.
c ircumstances, we would l ike to share the s ta tus of ourmajor businesses. Our Of�ce Bui ldings business is doing wel l . Our seven mixed-use redevelopment properties in the Hibiya, Nihonbashi, Tamachi, Otemachi, Kasuga, and Toyosu areas of Tokyo including TOKYO MIDTOWN HIBIYA which was completed in 2018, are all operating at full occupancy. Despite the lifting of the government’s emergency declaration, concern about the r isks of a second wave remains, and normalization of operations and recovery of sales in our Retail Properties business will take time. In this environment, we believe that it is vital to provide proactive support for our retail tenants who are our important partners. We will share the pain and together overcome the adversities. Our Group will endeavor to strengthen our long-term relationships of trust with tenants and will aim to operate facilities with attractive stores that bring pleasure to many customers. In our Hotels and Resorts business, we have experienced a decline in sales and pro�ts due to the signi�cant decrease in inbound tourists who are refraining from domestic long-distance travel. In addition, the postponement of the Tokyo Olympic and Paralympic Games has had a large impact. We view the period until demand recovers as valuable time to gain increased trust from customers. During this period, we will undertake a variety of measures such as thorough hygiene management of facilities and consideration of steps to cultivate deeper customer loyalty. The domestic Homes and Living market has maintained strong sales with a focus on properties conveniently located in the city center and near stations. This trend has been supported by an increase in dual-income households, a rising need for close proximity between work and living, and low interest rates. Under these circumstances, our high-value-added condominiums that leverage our Group's strengths of “Central”, “Large-scale”, and “Redevelopment” have continued to sell well overall. Of the 3,800 units scheduled to be booked in �scal 2020, sales contracts have been concluded on more than 80% in the early stages. The impact of the COVID-19 pandemic has been limited so far; however, we will be closely monitoring the market outlook. In our Overseas Business, of�ce buildings in the US and Europe account for an especially share of our business, and revenues are relatively stable because lease contracts with tenants mainly range from 10 to 15 years. The leasing state of the new of�ce buildings is very positive with 100% of the largest development "55 Hudson Yards" in the United States in operation, and in the case of "50 Hudson Yards Development Project (tentative name)” scheduled to be completed in 2022, BlackRock and Facebook have been con�rmed as tenants and contracts for 75% of space have already been signed. Also in the UK, our of�ce properties including "1 Angel Court" and "TV Centre Redevelopment Project" a r e opera t ing a t 100% leas ing, and more than 90% o f condominiums have already been contracted.
Advancing “VISION2025”, Mitsui Fudosan Group Long-term Vision
Our Group formulated the long-term vision “VISION 2025” in order to innovate the real estate business and to achieve further globalization, to attain sustainable growth into the mid-2020s and beyond. In order to achieve these objectives, we have articulated
The essential aim of Mitsui Fudosan Group is the creation of vibrant cities and communities through a diversity of businesses, and to provide enjoyment and comfort to people's lives. Now, however, the protection of lives is paramount, necessitating distancing from the hustle and bustle of the city and partial restriction of certain businesses, services and other activities. As a result, pro�ts will temporarily decline, but companies must not only pursue the creation of economic value and short-term pro�ts, but also ful�ll their social responsibil i t ies. We are committed to working together with local communities, tenants and other partners to overcome this national crisis and pave the way for a sus ta inable soc ie ty . By fu l� l l ing these soc ia l responsibil i t ies, we wil l gain even more trust f rom all our stakeholders including customers and tenants. Eventually when we �nally see the end of the COVID-19 pandemic, I am con�dent that Mitsui Fudosan Group will be even more needed by society.
State of Our Businesses
Our Group is currently taking various measures to prevent thespread of COVID-19 at all facilities. Amid these challenging
The Social Missionof Mitsui Fudosan Group
The world is battling COVID-19. Restrictions on the movement of people and goods, social distancing, and other measures to p r e ven t the sp r ead ha ve had a de vas ta t ing impac t on economies. Even in Japan, determination of the state of the spread of infection and whether it is under control remains dif�cult. Until a vaccine or effective therapeutic treatments become available, it will be necessary to continue to coexist with COVID-19. With the understanding that we are engaged in a long war against this v irus and must accept signi�cant restr ict ions on social l i fe and economic activ i t ies for the foreseeable future, we are facing the huge chal lenge of simultaneously achieving both "prevention of the spread of COVID-19" and "economic revival". Amid the ongoing global turmoil, I believe that the top priority for companies is the protection of people's lives and health. In order to overcome this national crisis, it is vital for the public and private sectors to work together to prevent the spread of infection and to revitalize the economy.
Customer-centered ManagementAppropriately address changes in customers’ valuesCreate markets by uncovering unmet needsExecute on a global level
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Establish a sustainable societyDrive sustainable profit growth
VISION 2025 Basic Strategies
Achieve Society 5.0Contribute to the SDGs
Our execution of the following three basic strategies will contribute to the continued robust growth and pro�tabil i ty of Mitsui Fudosan Group and to the establishment of a sustainable society.
Business InnovationInnovate the real estate businessMake extensive use of digital technologyEstablish new pro�t models
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Evolution of Group ManagementStrengthen Group synergiesPromote Group collaboration globallyStrengthen external collaboration and implement open innovation
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Pursue common social value
ESG Management Human Resources Strategies
【P5-6】SDGs への取り組み、人材への取り組み・新本社紹介_ENG
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In order to realize continuous value creation, the Mitsui Fudosan Group has positioned ESG
(Environment, Society, and Governance) as a key management issue, and established six materiality issues for
the area in the Mitsui Fudosan Group Long-term Vision formulated in May 2018.
By further evolving neighborhood creation through the pursuit of these goals,
the Group aims to achieve a sustainable society and drive sustainable pro�t growth.
Since its founding, the Mitsui Fudosan has inherited and nurtured a
progressive spirit and free and open corporate culture and used these as
a driver for providing diverse and innovative solutions and services in
connection with business and living, under the Group Statement of
"Bring af�uence and comfort to urban living.”
We see our people as an asset and the most important drivers in
creating new value as a real estate developer.
The basic approach to human resource management at Mitsui Fudosan is
to treat each employee as an individual and create a stage on which they
can sharpen their professional knowledge and abilities, increase their
ability to create added-value, and transform team performance through
the integration of diverse values and skills.
Consolidation of Head Office Functions in Our New OfficeIn March 2020, Mitsui Fudosan completed the relocation of head of�ce functions to the Nihonbashi Muromachi Mitsui Tower
(completed in March 2019). This singular consolidation of Mitsui Fudosan head of�ce functions has realized the shape of
the workplace of tomorrow - an of�ce where innovation and "workstyling" is accelerated and stimulated by
new interaction and communication.
12F Reception CROSSING LoungeNihonbashi Muromacchi Mitsui Tower exterior 11F CROSSING Park
For more information about the ESG Management of Mitsui Fudosan Group,
please refer to information available at the links below:
●IoT will connect all people and things, and totally new value will be born.●Innovation will empower society to respond to a diversity of needs.●AI will make necessary information accessible whenever it is needed.●Robots, autonomous driving technology and more will open up new possibilities.
Mitsui Fudosan Group Approach to ESG Management
Materiality
Drive evolution in the creation of neighborhoods
CROSSING
●Create communities closely tied to localities and promote high-quality town management●Proactively harness new technologies to develop smart cities that serve as platforms for ultra-smart societies
Our Efforts for Diversity
Example:
ESG Management/Sustainabilityhttps://www.mitsuifudosan.co.jp/english/esg_csr/
https://www.mitsuifudosan.co.jp/english/corporate/ir/library/annual/
Integrated Report 2020
Individual-level Connections Organization-level Connections
Innovation born from the intersection of people and information.
Enterprise-level Connections
Work Style/Workplace Selection Open Information/Know-how Environment
Proactive Connections with External Entities
Establish ultra-smart societies by creating neighborhoods
Achieve a society where a diverse workforce can thrive
Achieve health, safety and security in people's daily lives
Create new industries through open innovation
Reduce environmental impact and generate energy
Continuously improve compliance and governance
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EEnvironment
SSociety
GGovernance
The “&” logo embodies the Mitsui Fudosan Group’s management philosophy of linking diverse values and coexisting in harmony to realize sustainable societies. In order to respond to dramatically changing social needs and realize new value creation, we are building an organization that allows personnel with diverse values, talents, and lifestyles to fully realize their capabilities.
Eruboshi certi�cation as an Excellent Enterprise for the Promotion of Active Participation by Women in their Work Life.
Kurumin certi�cation as a childcare supporting company in compliance with the Act on Advancement of Measures to Support Raising Next-Generation Children.
Certi�cation as an Excellent Enterprise of Health and Productivity Management.
Inclusion in the MSCI Japan Empowering Women Index (WIN).
Nurturing human resources (Education, Training, Global) Workstyle Innovation Dual Support
(Childcare & Nursingl)Activation of
Diverse Human Resources(Women, Global, Seniors)
Creation of Work-friendly Environments
"Work Styling" and "Health Management"
Divisional/Departmental Synergies
Office Creation for Leading Company and
a New Age
THE INCLUSION OF [ISSUER ENTITY NAME] IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT OR PROMOTION OF [ISSUER ENTITY NAME] BY MSCI OR ANY OF ITS AFFILIATES. THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES AND LOGOS ARE TRADEMARKS ORSERVICE MARKS OF MSCI OR ITS AFFILIATES.
Our initiatives to promote employee heath, active roles for women and child-rearing support have been recognized by various certi�cations.
Sustainable Society Sustainable Profit Growth
Evolution and creation of new value in
the real estate business
Execution abilities as a team
Broadening professional, specialized knowledge and
capabilities
Integration of various
value systems
Human Resource Management
MITSUIFUDOSAN’SNEIGHBORHOODCREATION
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Shops & Restaurants
Suntory Museum of Art ©Keizo KIOKU
The Ritz-Carlton, Tokyo
21_21 DESIGN SIGHT ©Masaya Yoshimura
Park View Garden
Atrium
Hibiya Festival (FY2019)
TOHO Cinemas Hibiya
TOKYO MIDTOWN
TOKYO MIDTOWN is the realization of a creative community unlike any other in the world – a place vibrant with values and sensibilities unique to Japan. Embodying the four concepts of "Diversity", "Hospitality", "Creativity", and "Sustainability", our TOKYO MIDTOWN brand continues to share our vision of the ideal city with the world.
Communicating "JAPAN VALUE" to the world
VISION Communicating "JAPAN VALUE" to the world.
VALUE
Diversity: To be open to everyone and include a wide range of values
Hospitality: To value elegance through sophisticated hospitality
Creativity: To be cutting edge in various fields and create innovative new movements
Sustainability: To take advantage of the environment and its surroundings, and to be part of the evolution of the town
Providing value that leverages the character of the community.
Character Unique to
the Neighborhood
By blending a variety of urban functionality and promoting interaction among a diversity of people, we develop communities that create future-oriented new values and experiences. Future-oriented
new values and experiences
Under the shared TOKYO MIDTOWN brand vision of creating and blending "JAPAN VALUE (innovative Japanese value, sensibilities, and ingenuity)" and communicating this concept to the world, Mitsui Fudosan aims to create neighborhoods that celebrate their unique character and will appreciate in value with the passing of every year.
By incorporating the four de�ning values of the TOKYO MIDTOWN brand: Diversity, Hospitality, Creativity, and Sustainability, and by adding value that leverages the distinctive personality and characteristics of each neighborhood, Mitsui Fudosan delivers magnetic qualities that re�ect and augment the characteristics unique to the locale.
TOKYO MIDTOWN TOKYO MIDTOWN HIBIYA
Various urban
functions
Human interaction
Opened in Roppongi in 2007, TOKYO MIDTOWN is a large-scale mixed-use complex boasting an array of urban functionality from of�ce and residential space to a hotel, retail shops, restaurants, and an art museum - all essential to an attractive life in the city. The insightful combination of these functions gives birth to the unique synergies of this urban community.
TOKYO MIDTOWN
Comprising of�ce and retail facilities and serving as a hub for business networking, and more, TOKYO MIDTOWN HIBIYA is a large-scale mixed-use complex. Fully exploiting the incredible potential of the Hibiya area, this development will create future-oriented new values and experiences through its blend of diverse urban functions. Here we aim at creating a neighborhood that resonates with moments of elegance.
TOKYO MIDTOWN HIBIYA
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MITSUIFUDOSAN’SNEIGHBORHOODCREATION
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Nihonbashi Revitalization Plan
TOKYO MIDTOWN
Bay Area Neighborhood Creation/Kashiwa-no-ha Smart City
Global Initiatives
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With our eyes fixed on a brighter future, we are driving the evolution of neighborhood creation.In addition to our existing properties and facilities, Mitsui Fudosan Group is undertaking several new development projects of substantial scale with a focus on the central Tokyo area. In each of these projects, we are fully leveraging our strengths: the identi�cation of areas withpotential that can be enhanced by added value; the creation of a development concept that �ts the area and the capability to realize it; and the creation of communities that increase in value over time and mature with age. While continuing to re�ne and advance our approach to Smart City development, we are maximizing the value of neighborhoods through further pursuit of "mixed use" development and the synergistic fusion of the "hardware" of facilities and amenities and the "software" of services and know-how.
MITSUIFUDOSAN’SNEIGHBORHOODCREATION
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COREDO Muromachi 1 (left) and COREDO Muromachi 3 (right)
Nihonbashi in the Edo period served as the starting point for �ve major roads, so it was a gathering place for people and goods from all over Japan. This made it a highly innovative district and through this interaction and exchange it gave rise to new industries and cultures. Mitsui Fudosan wants to reestablish in contemporary times the centrality Nihonbashi once enjoyed and with the world as its stage. We aim to make the district a place where people from all over the world gather and interact, as well as be a starting point for broadcasting new, forward-looking values globally.
"Nihonbashi Revitalization Plan": Vision
The Road to the Future Starts in Nihonbashi
*Details of the plan may be subject to change in the future.
Based on the concept of “Preserving and Revitalizing the Heritage while Creating the Future” Mitsui Fudosan Group is pursuing the Nihonbashi Revitalization Plan in a united effort with public, private and local interests. This is a labor of love and appreciation for over 300 years of history shared by the Mitsui Fudosan Group and this area. The diversi�cation of town functionality through mixed-use redevelopment and the creation of new vibrancy will both revitalize the district and bring out new attractive qualities in this unique quarter.
Nihonbashi Revitalization PlanUnifying local public and private sector endeavors for area revitalization and innovative neighborhood creation.
In the 3rd stage, based on an "understand, collaborate, communicate" approach to neighborhood renaissance, Nihonbashi will again be a place to which people and goods are drawn; where people meet and engage with each other, and together create new values for the future.
Three Priority Initiatives to Shape the Future of Nihonbashi
"Nihonbashi Revitalization Plan": Neighborhood CreationAs the origin point for the "Five Highways" that have radiated from the capital since Edo times and a key center for land and water trade, Nihonbashi thrived as a national hub and magnet for people and goods. However, its prosperity faded in the second half of the 1990’s, following the collapse of Japan’s economic bubble and a �nancial crisis. The Revitalization Plan was established by the coming together of Nihonbashi residents, businesses and local government with a shared sense of urgency and a desire to “bring prosperity back to Nihonbashi.”
"N i honbash i Rev i t a l i z a t i on P l an " : T ime l i neIn 2019, "Nihonbashi Revitalization Plan" launched the 3rd Stage. In the �rst two stages, the plan tackled "Diversi�cation of Town Functionality", "Neighborhood Creation Exploiting Nihonbashi's Inherent Attractiveness" and "Industry Revitalization/Innovation Promotion".
"Nihonbashi Revitalization Plan": Development Concept
1st StageDevelopment of mixed-use properties contributed to
diversi�cation of urban functionality.(COREDO Nihonbashi, Nihonbashi Mitsui Tower,
COREDO MUROMACHI 1)
2nd StageNeighborhood creation fusing
the tangible and intangible at a high level.
3rd StageOriginal Nihonbashi value is
based on an approach of "Understand, Collaborate, Communicate".(COREDO MUROMACHI 2, 3 and Terrace;
Fukutoku Shrine, Fukutoku Mori, etc.)
PreservingBuildings
Traditional shopsDistrict history and culture
RevitalizingDistrict scenery
Water and greeneryVitality
CreatingFor future generations
New district appealBroadcast Nihonbashi originals
River and Waterside Regeneration
Looking across Nihonbashi toward Hakozaki*Image for illustrative purposes.
Through the Nihonbashi riverside redevelopment project, a pedestrian network rich in enjoyment of the greenscape, waterscape and skies will be created. This area aims to be new symbolic landmark of Tokyo, vibrant with visitors from around Japan and the world.
A Focus on Tomorrow’s Innovative Industries
Nihonbashi: Life Science Hub
The focus will be on new strategic areas like aerospace, mobility, and food, in addition to life science, to promote industry-creation distinctive to Nihonbashi.
A Vital and Welcoming International Stage
Nihonbashi Mitsui Hall
Leveraging of the high convenience of transportation and the strengths of hardware and software, we will transform the entire city into an event space. We aim to hold events with a global reach that fuse business and entertainment.
In the 2nd Stage of Nihonbashi Revitalization Plan which started in 2014, neighborhood renaissance that fuses tangible and intangible aspects was promoted under the four key concepts: creating business clusters, neighborhood renaissance, in harmony with the community, and reviving the aquapolis. The diversi�cation of urban functionality, enterprises and people in the district, and its development as a vital and welcoming international stage continue to progress.
Nihonbashi Neighborhood Creation: "Preserving and Revitalizing the Heritage While Creating the Future"
Nihonbashi Life Science Bldg. 2 LINK-J Event
Leveraging Nihonbashi's many historic and distinctive ties with the pharmaceutical industry, efforts are being made to promote industry creation in the �eld of life science innovation.
Industry Creation
Transformation of Nihonbashi into a Life Science Business Center
Fukutoku Shrine Nihonbashi Area Energy Center inNihonbashi Muromachi Mitsui Tower
This district renaissance respects the communities and cultures inherited from the past while establishing functions and mechanisms that enable visitors, residents and workers to pursue their lives with con�dence and peace of mind.
Coexistence with the Area
Recycling-oriented neighborhood renaissance that respects people and nature.
Nihonbashi Nakadori CITAN
Leveraging the charming network of alleyways and backstreets alive with history and culture gives birth to a townscape that invites wandering and discovery.
Neighborhood Creation
Vibrancy Created by the Integration of Facilities and Alleyways.
NIHONBASHI MEGURU FES Cleaning the Nihonbashi Bridge
In 2011, Nihonbashi Dock underwent major renovation and improvement, opening the way for river bus transport and sightseeing cruises from the district. Once a former hub of river and bay area trade, Nihonbashi is again a vibrant center of activity in the Aqua Metropolis of Tokyo.
Renewal of the Aqua Metropolis
Waterway Tourism Revitalization
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While seeking to employ renewable energy, we are also working to create energy locally and promoting "energy s torage" by la rge-sca le storage cells.
Photographed in 2020 Kashiwa-no-ha Smart City * Partially enhanced image.
*Details of the plan may be subject to change in the future.
MITSUIFUDOSAN’SNEIGHBORHOODCREATION
MITSUIFUDOSAN’SNEIGHBORHOODCREATION
Environmental Harmony
Kashiwa-no-ha o f fe rs a community to accelerate the l o c a l a nd i n t e r na t i ona l ventures/entrepreneurs that wil l create a prosperous future for the city.
Creation of New Industries
Neighborhood Creation That Leads toour "New Vision for the Cities of Tomorrow".
In 2019, Kashiwa-no-ha was selected as one of 15 model smart city projects underway nationwide. With Energy, Mobility, Public Space and Wellness as key themes for further development, the city is utilizing cutting-edge technology and data to tackle the solution of various urban and regional issues.
The Path to Building Smart Cities
"Mixed-use Neighborhood Creation" Fusing Business, Housing, Recreation, and Academic Functions
Urban Dock LaLaport TOYOSUUrban Dock Park City TOYOSU Edomae Jyokamachi (Opened in January 2020)
For the creation of a town premised on preventative h e a l t h c a r e , w e a im a t providing voluntary programs designed to promote health and pre-empt disease with the eventual objective of decreasing future health insurance expenditures.
Health and Longevity
A-Shi-Ta - Community Health Promotion Laboratory
Kashiwa-no-ha Smart Center
KOIL Factory
Large-scale mixed-use development comprising of�ces, retail facilities, a hotel and an energy center.
Toyosu Bayside Cross (Opened in autumn 2020)*Image for illustrative purposes.
Commercial trials of an autonomous driving bus service for the approx. 2.6 km zone from Kashiwa-no-ha Campus Station on the Tsukuba Express Line to the University of Tokyo Kashiwa Campus commenced in 2019. This service will address various social issues including road safety in Japan's rapidly aging society, the reduced convenience of public transportation due to a shortage of drivers, and negative economic impact of degradation of logistics. Based on the results, plans for future trials will proceed using new improved vehicles.
Autonomous driving bus test vehicle
Autonomous Driving Bus: Commercial trials beginIn pursuit of “proposals that enhance the happiness of residents", we focus efforts on innovative ways to create more attractive communities. While fostering a love for their neighborhood and an endur ing desire to l ive in this town, we endeavor to create attractive value.
WANGAN ACTION
"Taiyo-no-Marché" (The Sun Marché) "MIFA Football Park"
Bay Area Neighborhood CreationWaterfront Nearest to the Heart of Tokyo Leverages the Beauty of the Waterscape and GreeneryOn the former site of the IHI Shipyards in the Toyosu area, retail facilities, condominium towers, a university, of�ces and parks are energiz ing the advance o f the wa ter f ron t d is t r ic t as a next-generation city complete with residential, of�ce and other urban functions. Every year the residential population and visitor volume to the area are increasing and driving the continued growth and vibrancy of the district.
Toyosu Station
Shin-toyosu StationShijō-mae Station
Edomae Jokamachi
Toyosu Bayside Cross
ToyosuPark
Harumibashi Park
Toyosu 3-Chome Park
Shibaura Institute of Technology, Toyosu Campus
MIFA
SKYZTOWER &GARDEN
BAYZ TOWER & GARDEN
Park Axis Toyosu Canal
Park Homes Toyosu The Residence
Toyosu Center Building/Toyosu Center Building Annex
The ToyosuTower
Urban Dock Park City Toyosu
Park Axis Toyosu
Toyosu ON Building
Urban DockLaLaport TOYOSU
Chiba University Kashiwa-no-ha Campus
The Universityof Tokyo
Kashiwa II Campus
Kashiwa-no-ha Campus Station
The University of Tokyo Kashiwa Campus
National Cancer Center Japan
Tokatsu Techno Plaza
Kashiwa-no-ha Park
Kombukuro PondNatural History Park
The University of Tokyo Future Center
Kashiwa-no-ha T-SITE
Park City Kashiwa-no-ha Campus Nibangai
Mitsui Garden Hotel Kashiwa-no-ha
Park Axis Kashiwa-no-ha
Park CityKashiwa-no-ha CampusThe Gate Tower West
Kashiwa-no-ha Kakedashi Yokocho
KOIL
Park City Kashiwa-no-ha Campus Ichibangai
LaLaportKashiwa-
no-ha
LaLaportKashiwa-no-haNorth Building
Kashiwa-no-ha Smart CityEvery step is leading to "A New Vision for the Cities of Tomorrow."
From the environment and energy to food and health, the issues we face in the future are not few, and Japan is confronting these challenges a step ahead of the world. Based on a unique public-private-academia partnership, Kashiwa-no-ha Smart City is a city designed to respond to these problems. We have set three themes of urban development: "Environmental Harmony," "Health and Longevity," and "Creation of New Industries." This city will continue to embody our "New Vision for the Cities of Tomorrow."
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NORTH AMERICA9 10 11
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MITSUIFUDOSAN’SNEIGHBORHOODCREATION
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ASIA
From our mixed-use building development business in major cities of Europe and North America to our hotel and residential property business in countries around the world, Mitsui Fudosan has been active on a global scale since 1972. Today, as we continue to enhance our portfolio of superior properties in the U.S. and Europe, we are also moving forward on development projects in the high-growth region of Asia.
Global InitiativesExploiting know-how and business resources, we are building a global portfolio of stability and a rich growth outlook.
EUROPE1 2
Television Centre Redevelopment Project / White City Place Redevelopment Project[Of�ce/Residential/Hotel] London, U.K. (Television Centre: Total completion of Phase 1 in 2018; White City Place: Completion of existing building renovation in 2017)
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One Angel Court[Of�ce/Retail] London, U.K.(completed in 2017)
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Television Centre
White City Place
Mitsui Outlet Park Linkou[Retail Facility] New Taipei City, Taiwan (Phase 1 Opened in 2016; Phase 2 scheduled to open in 2024)
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Mitsui Shopping Park LaLaport Kuala Lumpur (tentative name)[Retail Facility] Kuala Lumpur, Malaysia (scheduled for opening in 2021)
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7 Mitsui Shopping Park LaLaport Shanghai Jinqiao[Retail Facility] Shanghai City, China (scheduled for opening in 2021)
MGH Mitsui Garden Hotel Taipei Zhongxiao[Hotel] Taipei City, Taiwan (opened in 2020)
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Ideo Q Victory[Residential] Bangkok, Thailand (completed in 2020)
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RMZ Ecoworld 30 [Retail Facility] Bangalore, India (scheduled completion of Phase 1 in 2022; scheduled completion of Phase 2 in 2023)
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Halepuna Waikiki[Hotel] Honolulu, USA
(opened in 2019)
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55 Hudson Yards[Of�ce/Retail] New York, USA
(completed in 2018)
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1251 Avenue of the Americas[Of�ce/Retail] New York, USA
(acquired in 1986)
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50 Hudson Yards Project (tentative name)[Of�ce/Retail] New York, USA
(scheduled for completion in 2022)
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Halekulani[Hotel] Honolulu, USA
(opened in 1984, renovated in 2012)
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Innovation Square Phase II (tentative name) [Rental Laboratory & Of�ce] Boston, USA
(scheduled for completion in 2021)
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*The above includes partially rendered images for illustrative purposes only.
EUROPE
ASIA
NORTH AMERICALondon
Manila
TaiwanBangkok
Bangalore
Singapore
Jakarta
Kuala Lumpur
Shanghai
SeattleDenver
Washington, D.C.New YorkBoston
Honolulu
San FranciscoLos Angeles
Overseas Business Development Areas
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New projects in areas near Tokyo Station and Nagoya Station.
* Image for illustrative purposes only* Image for illustrative purposes only
Yaesu 2-Chome North District Category-I Urban Redevelopment Project will strengthen the Tokyo Station area’s transportation hub functions, introduce urban functions that will heighten global competitiveness, reinforce disaster response capabilities and contribute signi�cantly to reducing environmental load. These measures will create a town where people play a leading role, be�tting Yaesu’s position as the front door to Japan. Nagoya Mitsui Building North Building (tentative name) will be located in the heart of Meieki, Nagoya's largest business district. This large-scale mixed-use development will have a total �oor area of 29,000m2. Offering of�ce workers exclusive access to the rooftop "Refresh Garden" and other amenities, this development will contribute to workstyle innovation efforts by tenant companies.
1 Yaesu 2-Chome North District Category-I Urban Redevelopment ProjectThe large-scale, mixed-use building will have state-of-the-art of�ces, an underground bus terminal, and retail space. It will also be the site of Japan's �rst Bvlgari Hotel, which is scheduled to open at the end of 2022 and will occupy the seven �oors (39F~45F) of the ultra-high-rise tower. (Scheduled completion of the entire building in FY 2022).
2 Nagoya Mitsui Building North Building (tentative name)Direct ly l inked to Nagoya Stat ion and the underground mall area and on a sought-after location, this large-scale mixed use building is envisaged to have commercial facilities on B1F~3F and state-of-the-art of�ces on 5F~19F. (Scheduled completion at the end of January 2021).
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COLORFUL WORK PROJECT - Offices with the freedom and flexibility to choose your workstyle.
COLORFUL WORK PROJECT promotes Mitsui Fudosan's proposal for a new business life where everyone can work freely and �exibly, and each can make the most of their individuality - their "color". For enterprises, there is WORK STYLING service and access to multi-site shared of�ces. For tenant businesses, there are the advantages of "mot." membership facilities and services, and web services such as "&Life-Biz" and "&well". This diversity of services and facilities is fostering a diversity of workstyles
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Nihonbashi Muromachi Mitsui TowerChuo-ku, Tokyo (completed in March 2019)
Mitsui Main Building (Mitsui Honkan) (Registered as Important Cultural Property)Chuo-ku, Tokyo (completed in March 1929)
Nihonbashi Mitsui TowerChuo-ku, Tokyo(completed in July 2005) Good Design Award 2006 Recipient
Our pursuit of “sustainability and safety,” “amenities and ef�ciency” and “expansion and innovation”
aims to provide hundreds of thousands of people, working for thousands of organizations in
Of�ces by Mitsui Fudosan, with venues where they can enjoy a variety of ways to
spend time on and off the job, and will pave the way for more rewarding lifestyles.
Office Buildings
Our Businesses
Landmarks that bring new value to urban space.As the center of corporate activities that connect people and the community, of�ce buildings play various important roles. We continue to create new-generation landmarks that bring new value to the city.
TOKYO MIDTOWNMinato-ku, Tokyo (completed in January 2007)Good Design Award 2007ULI Global Award for Excellence 2008
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Hibiya Mitsui Tower, TOKYO MIDTOWN HIBIYAChiyoda-ku, Tokyo (completed in February 2018)2018 Japan Association for Real Estate Sciences (JARES)& Achievement Award Minister of Land, Infrastructure, Transport and Tourism Award
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Otemachi OneChiyoda-ku, Tokyo (completed in February 2020)
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Nakanoshima Mitsui BuildingOsaka City, Osaka (completed in August 2002)
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Kasumigaseki BuildingChiyoda-ku, Tokyo (completed in April 1968)
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Sapporo Mitsui JP BuildingChuo-ku, Sapporo City (completed in August 2014)
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WORK STYLING: Our New Service to Expand Workstyle Freedom for Corporate Clients
mot. (Mitsui Office for Tomorrow) Membership-based Services and Facilities for Office Tenant Companies
Since debuting in 2017, WORK STYLING service has been offering a nationwide network of multi-site shared of�ces. Responding to the new and evolving workstyles of today's corporations and business persons, WORK STYLING provides a wide range of services.
Inspired by the concept of providing a place where workers can have the "more" they seek while enjoying a pleasant business life, the various membership-based facilities and services of “mot. Mitsui Of�ce for Tomorrow” were launched in December 2018.
"&well" Health Management Support Service
"&Life-Biz"Community Website for Office Tenant Companies
Through health programs for both mind and body and other activities to enhance wellness in the daily routine, "&well" supports the healthy business life of employees and enterprise health management and promotion.
"&Life-Biz" provides a variety of information and "venues" via the web and through a free newsletter with the aim of helping tenant companies achieve greater ful�llment in "Life" (private) and in "Biz" (work).
WORK STYLING SHARE WORK STYLING FLEXWORK STYLING SHARE shared of�ces are available to corporate clients at 71 locations nationwide.* Number of locations as of January, 2021.
WORK STYLING FLEX serviced of�ces �exibly respond to period, staff size (number of desks) and other requirements of corporate clients.
WORK STYLING Yaesu WORK STYLING TOKYO MIDTOWN
Membership-based �tness gym Rental conference rooms
Free lounge Members' lounge
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Urban Dock LaLaport TOYOSU
With “Growing Together” as our core concept, we are introducing a new form of retail properties
that are rooted in the local communities and will grow together with our customers.
We are developing and operating a wide variety of retail properties speci�cally designed for
regions and communities all over Japan.
Retail Properties
Our Businesses
LaLaport AICHI TOGOTogo Town, Aichi District, Aichi (opened in September 2020)
LaLaport NUMAZUNumazu City, Shizuoka (opend in October 2019)
LaLaport TOKYO-BAYFunabashi City, Chiba (opened in April 1981)
LAZONA kawasaki plazaKawasaki City, Kanagawa (opened in September 2006)Good Design Award 2007
DiverCity Tokyo PlazaKoto-ku, Tokyo (opened in April 2012)
LaLaport EXPOCITYSuita City, Osaka (opened in November 2015)
*As of January, 2021
Fashion, F&B and entertainment are all found under one roof in these regional shopping centers. New developments are underway all around in Japan.There will be a lot more than shopping to offer, and our malls are designed to be a core of the local communities.
Mitsui Shopping Park LaLaportMore and more convenient and lively.
In addition to the 13 facilities in Japan, our MITSUI OUTLET PARK business is expanding worldwide with locations at Kuala Lumpur International Airport in Malaysia and in Linkou and Taichung in Taiwan with more scheduled to open in the future.
Opened in 1981, LaLaport Funabashi Shopping Center (currently LaLaport TOKYO-BAY) was the �rst of 16 LaLaport shopping centers located nationwide. Today LaLaport is a �agship brand of Mitsui Fudosan’s Retail Facilities business and enjoys the trust and patronage of customers throughout Japan.
Inc luding mul t ip le loca t ions in the Ginza and Nihonbashi areas, there are 22 facilities in central Tokyo. Offering a lineup of attractive retail tenants bursting with originality, Mitsui Shopping Park Urban brings vibrancy to urban life.
Mitsui Shopping Park &mall is a fashion e-commerce mall based on a new concept which enables our customers to enjoy our existing malls and online shopping seamlessly.
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COREDO Muromachi TerraceChuo-ku, Tokyo (opened in September 2019)
RAYARD MIYASHITA PARKShibuya-ku, Tokyo (opened in July 2020)
RAYARD Hisaya-odori ParkNagoya City, Aichi (opened in September 2020)
MITSUI OUTLET PARK KISARAZUKisarazu City, Chiba (opened in April 2012)
MITSUI OUTLET PARK HOKURIKU OYABEOyabe City, Toyama (opened in July 2015)
MITSUI OUTLET PARK SAPPORO KITAHIROSHIMAKitahiroshima City, Hokkaido (opened in April 2010)
MITSUI OUTLET PARK YOKOHAMA BAYSIDEYokohama City, Kanagawa (opened in June 2020)
MITSUI OUTLET PARK JAZZ DREAM NAGASHIMAKuwana City, Mie (opened in March 2002)
LaLa terrace, LaLa gardenLiveliness, convenience and elegance to the town.
Shopping parks that bring liveliness to the town, enhance convenience of everyday life and offer an elegant lifestyle. We seek to create facilities that constantly deliver a new environment while offering various types of shops and services that respond to people's needs.
Keeping pace with the rapid changes in consumer shopping trends, Mitsui Fudosan Group has established a fashion e-commerce mall based on a new concept that enables enjoyment of the best parts of real store and online shopping at the same time. In the future, through the synergistic effects of our omni-channel platform that integrates real stores with the advantages of an E-commerce mall, we aim to create new shopping value together with customers and tenants.
&mall DESK adds a new dimension of convenience to the &mall platform.
Customers can drop by the &mall DESK and pick up products purchased at the &mall website, try on purchased apparel in the attached �tting room, and, if the size does not �t, exchange or return the item at the counter. Unlike conventional e-commerce sites, &mall aims to be the online shopping choice of customers by providing the opportunity to try on the actual item. *Service available at 19 facilities including all LaLaport shopping centers, LAZONA kawasaki plaza and DiverCity Tokyo (as of January, 2021).
Mitsui Shopping Park &mallOfficial Mitsui Shopping Park E-commerce Mall Site.
LaLa terrace MUSASHIKOSUGIKawasaki City, Kanagawa (opened in April 2014)
LaLa garden KAWAGUCHIKawaguchi City, Saitama (opened in November 2008)
&mall DESK – the new service connecting our online presence (&mall) and our offline retail facilities
Local Stockout
Check Network Inventory
Product Available
Direct Shipping
Home
Warehouse
Mitsui Shopping Park &mall improves sales at stores by enabling sales of not only warehouse inventory, but also stock in real stores. Also store staff can use the e-commerce mall website to sell warehouse inventory when an item is out of stock at the store and avoid lost sales or to provide timely information about strong-selling items or fashion coordination proposals, empowering real stores with the synergistic effects of omni-channeling.
These facilities allow you to enjoy resonably priced shopping for brand-name items in the midst of bright and open-air streetscapes.Through events and other occasions at 13 facilities that draw on the local culture, we create lively spaces where people assemble.
MITSUI OUTLET PARKWhere just visiting is fun.
From one-of-a-kind stores to shops featuring popular brands presented in new business formats, attractive tenants in line with the distinctive concept of each facility promise to add warmth and liveliness to your urban life.
Mitsui Shopping Park UrbanBringing elegant relaxation to the city.
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Halekulani Okinawa
We offer sophisticated space and hospitality unique to luxury hotels. As our Group's newest, ultra-luxury �agship hotel, HOTEL THE MITSUI KYOTO takes great pride in welcoming guests from all around the world to Kyoto, the heart of Japanese culture and beauty.
Luxury hotels that heighten the appeal of destination cities.
HOTEL THE MITSUI KYOTOKyoto City, Kyoto (scheduled for opening in 2020, 161 rooms)
Halekulani OkinawaOnna Village, Kunigami District, Okinawa(opened in July 2019, 360 rooms)
AMANEMUShima City, Mie(opened in March 2016, 28 rooms)
In the comfort of space inspired by the natural beauty, culture and traditions of the locale, guests can experience a diversity of delicious cuisine, heartwarming service and a wide selection of fun activities. Our aim is to offer resort hotels where guests enjoy themselves to their heart's content.
Resorts where visitors can fully enjoy nature with the uniquness of regions.
Toba Hotel InternationalToba City, Mie(opened in March 1964, 130 rooms)
NEMU RESORTShima City, Mie(opened in November 1967, 60 rooms)
HAIMURUBUSHITaketomi Town, Yaeyama-gun, Okinawa (opened in July 1979, 148 rooms)
High-class Lodging-focused HotelsThese are Mitsui Fudosan Group hotel brands where visitors can enjoy a comfortable stay while exploring the charms of the destination.
Luxury Hotels That Enhance the Charms of the DestinationIn addition to our High-class Lodging-focused Hotels, we also work together to develop businesses with luxury hotel brands all around the world.
Resort Hotels Where Nature and Local Color Can Be Enjoyed to the FullestMi t s u i F udo s a n Gr oup i s de v e lop ing h igh - c l a s s residential-style resort hotels that offer enjoyment of cuisine made from local ingredients, heartwarming hospitality, and a wide selection of activities.
Golf Courses That Immerse the Visitor in Natural BeautyFrom casual resort courses to formal membership-only courses, our golf courses answer diverse guest needs with full enjoyment of the game amid natural beauty.
Mitsui Fudosan Group is creating hotels and resorts which guests will choose those as
their "Destinations". Through designs and an atmosphere that resonates with the culture and
history of the locale, and by engaging and responding to the needs of every visitor with
heartfelt hospitality, we provide visitors with a relaxing time and space be�tting our "destinations".
Hotels and Resorts
Our Businesses
Mitsui Garden Hotel Jingugaien Tokyo PremierShinjuku-ku, Tokyo(opened in November 2019, 362 rooms)
HOTEL THE CELESTINE KYOTO GIONKyoto City, Kyoto (opened in September 2017, 157 rooms)
sequence MIYASHITA PARKShibuya Ward, Tokyo(opened in August 2020, 240 rooms)
High-class lodging-focused hotels.
Nationwide, Mitsui Garden Hotels and THE CELESTINE HOTELS offer guests a memorable stay with the authentic hospitality and space to relax as if they are in a second home. In 2020, we launch a new hotel brand "sequence" with innovative value in accommodations and hospitality inspired by the concept of "SMART", "OPEN", and "CULTURE".
[Interior Coordinator Salon ] LIVE LABO [Home renovation example]
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[Order-built Residences]
Our order-built homes are constructed using our original "Premium Monocoque wood frame construction method. Responding to each home-related desire of our customers with a real solution, we collaborate with our customers in the creation of their ideal home.
Every year should enrich the value of your home. From this concept, we make your wish for ideal living a reality.
Order-built Residences
Mitsui Home also has abundant experience beyond specialty housing, for example, medical and welfare, cultural and commercial facilities.
Large-scale Facility (wood) Construction
[Mid-rise & High-rise Residences] The Tower Yokohama Kitanaka
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[Detached Housing] Fine Court Inagekaigan Mihama-no-Mori
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[Rental Housing]Park Axis Premier Minami Aoyama
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[Senior Residences]Park WellState Hamadayama
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“Appreciation with Age” is the heart of our mission. We believe that with every passing year, the love for your home should deepen, and both the value and joy of living in your neighborhood should grow. With this goal in mind, we respond to a broad diversity of customer needs with a complete lineup of services from land acquisition, planning and development to quality control, sales and contracts, and provide Homes and Living which are a step ahead of the times.
Fully exploiting the vast and integrated strengths of Mitsui Fudosan Group, each of us fully recognizes and takes pride in
our commitment to providing our customers with "high quality housing and comfortable living" with high-added value.
In the future, we will continue to be the trusted and best partner for homes and living by providing a diversity of housing
choices and a service lineup of breadth and depth to more fully satisfy our customers' needs.
"Best Partner for Homes and Living"
Park City Hamadayama
Homes and Living
Our Businesses
The scope of work undertaken by condominium management associations is broad and often requires highly specialized know-how. As condominium management experts, we support these associations by providing condominium management services to maintain and protect the precious assets of our customers.
Order-bui l t housing, leasing/rental, land utilization, clinic/facility construction, and renovation – whatever our customers require, our expert staff respond with design and comfort which exceed expectations.
From product planning of condominium properties for rental and lease to consulting and operational management of the properties, our service is comprehensive. Since our establishment in 1986, our experience backed by a proud record of achievements has been providing owners with total support for utilization of their real estate while creating comfortable residential space for the people who make their home in the property.
From sale and purchase to rental and leasing of real estate property, we provide a variety of agency and brokerage services for residential and other properties. Leveraging the resources of our car park business, we added the car-sharing business which has been the focus of attention in recent years. Providing high-quality service to users de�nes our business. For 34 consecutive years from 1986 to 2019, we have been the No. 1 real estate brokerage agency in total number of transactions in Japan.
Creating homes and value for generations to come.
Mitsui's Rehouse system answers the real estate sale and leasing-related needs of individual customers with safe, secure and trusted real estate transactional services.
Mitsui Repark offer a wide range of service options to utilize assets as automobile and bicycle parking lots in order to meet the various needs of property owners.
For HNWI customers consider ing the sale, lease, and ut i l iza t ion of Tokyo metropol i tan rea l es ta te p r op e r t y , R e a lP l a n a n s w e r s w i t h p e r s ona l i z e d expert consulting services.
From shopping and other everyday needs to weekend leisure trips, this “user-friendly car sharing” service provides members with enjoyment of a life with the convenience of a car without the burden of ownership.
Mitsui Rehouse
Real Plan Dept. Careco Car sharing club
Mitsui Repark
Mitsui's Rehouse system answers the real estate sale and leasing-related needs of individual customers with safe, secure and trusted real estate transactional services.
Mitsui Repark offer a wide range of service options to utilize assets as automobile and bicycle parking lots in order to meet the various needs of property owners.
For HNWI customers consider ing the sale, lease, and ut i l iza t ion of Tokyo metropol i tan rea l es ta te p r op e r t y , R e a lP l a n a n s w e r s w i t h p e r s ona l i z e d expert consulting services.
From shopping and other everyday needs to weekend leisure trips, this “user-friendly car sharing” service provides members with enjoyment of a life with the convenience of a car without the burden of ownership.
Mitsui Rehouse
Real Plan Dept. Careco Car sharing club
Mitsui Repark
Leveraging the value of homes and neighborhoods and solving real estate issues.Leveraging the value of homes and neighborhoods and solving real estate issues.
Leveraging design expertise to provide a one-stop solution for all space-related services.
Innovative design and construction solutions for business facilities from of�ces to hotels, as well as the renovation of condominiums, detached residences, and hospitals... plus diverse residential-related interior services... all together comprise the core capabilities of our business.We concentrate on contributing to society and people’s lives by providing advanced solutions incorporating pioneering "spatial design" methodologies to meet the diversi�ed and borderless needs of group and individual living and working styles.
NewCondominiums
Residential Management
Rental Housing
New Order-Built Housing
Brokerage
Space Design & Reform
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" ": our asset management advisory service for individual customers.With a focus on individual real estate owners, "Let's" provides consultation services to help optimize the management of real estate assets, for instance, inheritance-related measures. Based on Mitsui Fudosan Group's broad stock of real estate-related data including market track records to life cycle costs, we perform thorough analysis using the latest state-of-the-art technology and provide an optimum solution to precisely meet the requirements of our costomers. Let’s Plaza website https://lets.mitsuifudosan.co.jp/ *Available only in Japanese.
Mitsui Fudosan Logistics Park Funabashi II (MFLP Funabashi II) Funabashi City, Chiba (completed in October 2019)
Mitsui Fudosan Industrial Park Haneda (MFIP Haneda) Ota-ku, Tokyo (completed in June 2019)
Mitsui Fudosan Logistics Park Ibaraki (MFLP Ibaraki) Ibaraki City, Osaka (completed in September 2017)
Mitsui Fudosan Logistics Park Hino (MFLP Hino) Hino City, Tokyo (completed in October 2015)
*Image for illustrative purposes only
Mitsui Fudosan Logistics Park (MFLP) Funabashi MFLP ICT LABO 2.0 - Interactive Logistics ICT Showroom
New Business Domains, New Solutions.
Project Planning Department
Embarking into a New Growth Sector-Airport Concession Business
Customer Challenge:To divide co-ownership of Inherited Real Estate Assets.
Co-ownership of land/building
Mitsui Fudosan-University of Tokyo LaboratoryContributing to Solutions to tackle Social Challenges
Industry-Academia Collaboration Department
■Termination of the co-ownership status of an asset.■Simultaneous satisfaction of the different needs of co-owners (ex. continued residency by rebuilding and sales of a condominium unit)
New terminal building of Kumamoto Airport (scheduled completion in 2023) The University of Tokyo
“Neighborhood Creation”-type Development Project
MFLP ICT LABO 2.0 - Interactive Logistics ICT Showroom
MFIP Haneda and MFLP Funabashi are examples of how our "neighborhood creation"-type development projects contribute to the vitalization and betterment of the overall locale. MFIP Haneda is the core facility in the Haneda Industrial Park, project undertaken in collaboration with ANA HOLDINGS INC. with the aim of revitalizing industry in the Haneda area. In the case of MFLP Funabashi, the site includes an expansive green space of approx. 20,000m2 open to enjoyment by area residents as well as a cafeteria, childcare center and other amenities in the Gate Building.
MFLP ICT LABO 2.0 is an interactive logistics ICT showroom displaying a full-automation logistics model. It opened in February 2020 at MFLP Funabashi & GATE where it occupies the entire �oor area of this annex. The showroom has approximately 30 types of cutting-edge logistics ICT devices from Japan and abroad, and for the logistics industry, which is facing labor shortages and other serious challenges, this showroom will demonstrate automation and labor-saving solutions for warehouse logistics.
Mitsui Fudosan Group's entry into a new and growing sector of business is exempli�ed by our participation in the airport concession business (Kumamoto Airport and 7 airports in Hokkaido). In Kumamoto Airport, Mitsui Fudosan being the largest shareholder, the planned reconstruction of the terminal is moving forward as the �rst reconstruction project among the privatized airports. Our Group's "neighborhood creation" know-how will contribute to vitalization of not only the airport itself, but also the surrounding area.
Mitsui Fudosan-Univers i ty o f Tokyo Laboratory was established to promote comprehensive and collaborative research with The University of Tokyo. We are rebuilding our vision for cities, creating innovation through adoption and integration of technology by society, and fostering human resources to realize "communities that increase in value over time and mature w i t h a g e " d e s p i t e t h e i n c r e a s i n g uncertainties facing society.
SolutionThe Role of " "
■Support to form an agreement ■Tax consulting■Construction plan advice■Condominium property management
Newly constructed condominiums
Sales of condominium
units
Condominium units for
general sale
Continued Residency
Solution Partner
Our Businesses
In response to diversifying challenges and demands of our clients, the Solution Partner Division
provides optimal solutions leveraging the integrated strengths and expertise of
Mitsui Fudosan Group accumulated over the years, always endeavoring to be your best partner.
Solution Services Department
"Let's" Private Consulting Department
PRE (Public Real Estate) Solutions Department
Leveraging Mitsui Fudosan Group’s expertise to provide clients with the best solution.
Consult the Solution Partner Division
Public sector & educational institutions IndividualsCorporate business entities
Customer Issues
DisruptionPrivate-Public-AcademiaCollaboration Virtual Campus Highly skilled professionals SDGsOld/underused Real Estate
TechnologyGlobal business strategy Workstyle reform New lifestyles Asset management Inheritance measures
Changing Rules Dual habitationBranding InnovationAlliance-building strategyBusiness succession Resilience Corporate pension fund
challenges
Mitsui Fudosan group bears the construction cost of a new building on the customer's parcel of land. The customer will receive condominium units equivalent to the appraised value of the land and Mitsui Fudosan group will receive units equal to the value of the construction cost, resulting in the land owner receiving the newly built condominium units using no cash.
A case study of a land owner receiving condominium rights of a newly built building, swapping the ownership of the land with the developer, who, in return, receives equivalent condominium rights for bearing the construction cost.
■Change from co-ownership status to more marketable, more liquid assets■Reconstruction with no �nancing burden■Simultaneous satisfaction of the different needs
(Connecting with cutomers. Creating new values.)
Logistics Properties
"Connecting with customers. Creating new values." In response to the growing demand for logistics facilities,
Mitsui Fudosan has continued to develop and provide advanced logistics properties.
Working as a true partner to solve the challenges of each customer, we connect various people,
goods and things to deliver optimized solutions.
Tomoni, Tsunagu.Tomoni, Umidasu.
Creation of an open innovation ecosystem driven by a JPY 35 billion investment project and business development support.
Venture Co-creation
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WARP STUDIO, a New Center for Incubating Innovation.
WARP STUDIO opened in the Gran Tokyo South Tower in Yaesu.
"31VENTURES" – Mitsui Fudosan's venture co-creation project was launched in April 2015. In addition to providing startups with a comfortable of�ce environment, we will provide fully integrated venture capita l service based on our broad exper ience, know-how and networks.
Launched in Tokyo Midtown Hibiya in May 2018, BASE Q is an open innovation-driven business creation hub where people gather to generate new value and solve social issues. By revitalizing the business creation hub and through the Innovation Building Program, this platform will contribute to innovation by major Japanese �rms and to the rejuvenation of the Japanese economy.
Business Innovation
This intrapreneurial program provides �nancing, personnel and incentive support to promote the Company’s enterprising spirit and new business creation by ex-tracting ideas of individual employees in a l l Group companies.
A practical human resource development program that conducts service planning, from design thinking to PoC* that utilizes technology, conducted by teams comprised of a mix of human resources from various business divisions and technology partner companies.* PoC (Proof of Concept): tests or demonstrations to verify new concepts or ideas
■WARP STUDIO opened in Yaesu as a new type of of�ce space where we can collaborate with partners from outside the company and advance new business and new services. Here is project space where desks are lined up alongside outside human resources, and access to advice from af�liated outside experts.
■Currently multiple and diverse project teams are active from projects inspired by the intrapreneurial program "MAG!C" and Group company projects to DX projects involving a mix of partner venture companies.
MAG!C Tanrenjuku (Training School)
In VISION 2025, Mitsui Fudosan Group's long-term vision, the effort to “Innovate business models by harnessing real estate tech” has been positioned as a priority policy, and digital transformation (DX) is being promoted throughout the Group. (Typical examples leveraging digital technology include "&mall", "Workstyling", and "Kashiwa-no-ha Smart City".) We are also actively promoting internal business reforms and workstyle innovation by using digital technology.
DX (Digital Transformation) Initiatives
GREENCOLLAR Co., Ltd., a product of MAG!C business proposal system,plans to engage in the production and sales of fresh grapes in Japan and New Zealand.
Sparking Mitsui Fudosan’s enterprising spirit and DNA of innovation, we are pursuing initiatives such as MAG!C (intrapreneurial program) and Tanrenjuku ("design thinking" driven business development training). Leveraging technologies, we are creating new business and promoting innovation in existing business.
Mitsui Fudoson is supporting the accelerated growth of venture companies through our “Venture Co-creation” initiative described below. In addition, we are also driving Group-wide in-house business innovation through programs like “MAG!C” (intrapreneurial program) and special training schools to foster human resources.
Innovation Initiatives
Our Businesses
Connecting venture businesses and major corporations to create new industries in Japan.
Overview of Venture Co-creation Department
New Open Innovation Platform
Venture Co-creation Department
Partner
Major Corporation
Accompanying Consultants
Q School
Q Lounge Community
Events
Startups
Community
Finance
Support
Operation
Participation
Consulting Spreading Information Seminars and Training Medical Mall
Care manual
Space & Environment Institute
CARE DESIGN Department
Life Science Innovation Promotion Business
Mitsui Link Lab Shikiba (tentative name) *Image for illustrative purposes only
Mitsui Fudosan is fostering innovation by “building a community” in collaboration with
Life Science Innovation Network Japan, Inc., “creating a place" for the construction of
an eco-system which will create and foster new industries through innovation in the life science realm,
and “providing funding” for limited partner (LP) investment in life science-related venture business. In May 2019,
we launched the Mitsui Lab & Of�ce business which rents a combination of full-scale wet labs and of�ces,
further expanding our support of innovation in the life sciences.
Constructing an eco-system to create new industries throughinnovation in the life science realm.
The Space & Environment Institute was founded in 1991 as an in-house think tank for
Mitsui Fudosan. Through surveys and research based on freely developed concepts,
we disseminate information both inside and outside the company and provide solutions
with the goal of supporting new value creation for the Mitsui Fudosan Group.
New value creation begins here.
The graying of society has generated new and diverse needs for society as a whole.
Care Design not only conducts surveys and research on these needs in the �elds of health care,
medical care and nursing but also provides solutions with respect to the creation of homes,
services and neighborhoods by utilizing related cutting-edge know-how
and collaborating closely with Mitsui Fudosan Group companies.
Planning Ahead for an Aging Society: CARE DESIGN.
31 32
Corporate Data
Domestic Network
Executive Officers
Trade Name
Head Of�ce
Date of Establishment
Mitsui Fudosan Co., Ltd.
1-1, Nihonbashi-Muromachi
2-chome, Chuo-ku, Tokyo
July 15, 1941
Capital
Annual Sales (Consolidated)
Number of Shareholders
Number of Employees
Website
339,897 million yen (as of July 22, 2020)
1,905,642 million yen (FY 2019 performance)
34,297 (as of March 31, 2020)
1,678 (as of March 31, 2020)
https://www.mitsuifudosan.co.jp/english/
Managing Of�cers
Hiroki SaitoShingo SuzukiIkuo MoriYutaka KawamuraMakoto TokudaMotoyasu KatoRetsu TogashiKazunori Yamashita
Executive Managing Of�cers
Akihiko FunaokaTakashi UedaTakayuki MikiWataru HamamotoYoshihiro HirokawaSatoshi Hironaka
Corporate OfficersPresident and Chief Executive Of�cer
Masanobu KomodaExecutive Vice President
Yoshikazu KitaharaKiyotaka FujibayashiYasuo OnozawaSenior Executive Managing Of�cers
Shoichiro KawamotoTakashi Yamamoto
Takashi FurutaYugo OnoTatekazu NakamuraChiharu FujiokaAtsumi KanayaYutaka SaitoNobuhiko MochimaruMizuho Wakabayashi
Head Of�ce1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo 103-0022Tel: 81(3)3246-3131
Hokkaido BranchSapporo Mitsui JP Building4-1, Nishi, Kitanijo, Chuo-ku,Sapporo City, Hokkaido 060-0002 Tel: 81(11)231-2481
Tohoku BranchSendai Hon-cho Mitsui Building4-6, Hon-cho 2-chome, Aoba-ku, Sendai City, Miyagi 980-0014 Tel: 81(22)711-1131
Chiba BranchChiba Chuo Twin Building No.111-1, Chuo 1-chome, Chuo-ku, Chiba City, Chiba 260-0013 Tel: 81(43)221-1331
Yokohama BranchYokohama Mitsui Building1-2, Takashima 1-chome, Nishi-ku, Yokohama City, Kanagawa 220-0011Tel: 81(45)680- 5711
Chubu BranchNagoya Mitsui Main Building24-30, Meieki Minami 1-chome, Nakamura-ku, Nagoya City, Aichi 450-0003 Tel: 81(52)586-1767
Kansai Head Of�ceMidosuji Mitsui Building1-3, Bingo-machi 4-chome, Chuo-ku, Osaka City, Osaka 541-0051 Tel: 81(6)6205-6701
Kyoto BranchKyoto Mitsui Building8 Naginataboko-cho, Shijodori-Karasuma Higashiiru, Shimogyo-ku, Kyoto City, Kyoto 600-8008 Tel: 81(75)255-4733
Chugoku BranchNakamachi Mitsui Building9-12, Nakamachi, Naka-ku, Hiroshima City, Hiroshima 730-0037 Tel: 81(82)240-1111
Kyushu BranchHakata Mitsui Building10-1, Kami Gofuku-machi, Hakata-ku, Fukuoka City, Fukuoka 812-0036 Tel: 81(92)271-3871
Organization Chart
*Information current as of April 1, 2020
Division
Head Of�ce
Department (also Of�ce, Branch Of�ce, and Institute)
Department
IFRS Preparation Department
Investor Relations
Department
Human Resources Development Department
Workstyle Innovation Department
Real Estate Investment Research Institute
Space & Environment
Institute
CARE DESIGN
Department
Architectural and Construction
Services Department
Olympic and Paralympic Department
Appraisal Department
Planning and Research
Department
Corporate Planning
Department
Accounting and Finance Department
Personnel Department
Corporate Communications
Department
Executive Secretarial Department
General Administration
Department
Department (also Of�ce,
Branch Of�ce, and Institute)
Life Science Innovation Department
Business Innovation Planning
Department
Venture Co-creation Department
Hibiya Urban Planning and Development Department
Nihonbashi Urban Planning
and Development Department
Tokyo MidtownDevelopment Department
Toyosu-Project Development
Planning Department
Kashiwanoha Urban Planning
and Development Department
Gotanda Project Department
Development Planning
Department
Af�liated Business
Department
Shareholders’ Meeting
Compensation Advisory Committee
Nomination Advisory Committee
Executive Management Committee
Board of DirectorsBoard of Corporate Auditors
Corporate Auditor’s Department
President and Chief Executive
Of�cer
Corporate Auditors
Retail Properties Division
Outlet Department
Property Management Department
Regional Development Department
Homes and Lifestyle Promotion Division
Strategy Planning and Administration
Department
Solution Partner Division
Solution Planning Department
Of�ce Building Division
Environment and Energy Service
Department
Work StylingProject
Management Department
Tenant Relations and Business Development
Department (I)
Tenant Relations and Business Development
Department (II)
Leasing and Marketing
Department (I)
Leasing and Marketing
Department (II)
Of�ce BuildingDevelopment Department (I)
Of�ce BuildingDevelopment Department (Ⅱ)
Of�ce BuildingDevelopment
Department (Ⅲ)
Operation and Management Department
Urban Development Department
Retail Properties Leasing and Marketing
Department (I)
Retail Properties Leasing and Marketing
Department (II)
Retail Properties Operation
Department
Kyoto BranchDevelopment Department (II)
Development Department (I)
Administration Department
Kyushu Branch Chugoku Branch Kansai Head Of�ce Chubu Branch Yokohama Branch Chiba Branch Tohoku Branch Hokkaido Branch
Strategy Planning Department
Tenant Relations and Business Development
Department
Kasumigaseki Tenant Relations and Business Development Department
ShinjukuTenant Relations and Business Development Department
Leasing and Marketing Department
Of�ce Building Project Planning
Department
Marketing Planning
Department
Planning andMarketing Department
&mall ProjectPlanning
Department
Tokyo Midtown Hibiya Development Department
Kannai-Project Development Planning Department
ESG Promotion Department
Strategy Planning and Administration
Department
Leasing and Marketing Department
Logistics Properties Business Division
Logistics Properties Leasing and Marketing
Department
Logistics Properties Development
Department
Logistics Properties Project Planning
Department
Strategy Planning and Administration
Department
Strategy Planning and Administration
Department
International Division
International Department (II)
International Department (I)
Strategy Planningand Administration
Department
DX Division
DX Department
(Ⅱ)
DX Department
(Ⅰ)
Project Planning Department
Industry-Academia Collaboration Department
Advanced Technology Fields Collaboration Department
Solution ServicesDepartment
Public Sector Department
Private Consulting Department
Hotels and Resorts Division
Hotel and Resort Management
Department (Ⅱ)
Hotel and Resort Marketing Department
Hotel and Resort Development
Departmen (Ⅱ)
Hotel and Resort Development
Department (Ⅰ)
Strategy Planning and Administration
Department
Hotel and Resort Management
Department (Ⅰ)
Hotel and Resort Marketing Department
Retail Properties Leasing and Marketing
Department t (III)
Group Officers
<as of July, 2020>
Toru Inoue [Mitsui Fudosan Reform Co., Ltd.]
Hideki Moriya [Mitsui Fudosan Residential Co., Ltd.]
Group Senior Of�cers
Shuji Tomikawa [Mitsui Fudosan Investment Advisors, Inc. ]
Yosuke Seko [Mitsui Fudosan Residential Service Co., Ltd.]
Akira Ikeda [Mitsui Home Co., Ltd.]
Osamu Obayashi [Mitsui Fudosan Retail Management Co., Ltd.]
Takao Yamada [Mitsui Fudosan Residential Co., Ltd.]
Yasushi Endo [Mitsui Fudosan Realty Co., Ltd.]
Toru Kamura [Mitsui Fudosan Residential Co., Ltd.]
Hisashi Osawa [Mitsui Fudosan Residential Co., Ltd.]
Mitsuhiro Kodama [Mitsui Fudosan Residential Co., Ltd.]
Group Of�cers
Chairman of the Board
Hiromichi IwasaPresident and Chief Executive Of�cer
Masanobu KomodaManaging Director and Executive Vice President
Yoshikazu KitaharaManaging Directors
Kiyotaka FujibayashiYasuo OnozawaTakashi YamamotoTakashi UedaWataru HamamotoManaging Directors (Outside Directors)
Masako EgawaMasafumi NogimoriTsunehiro NakayamaShinichiro ItoSenior Corporate Auditors
Masatoshi SatoHiroyuki IshigamiCorporate Auditors (Outside Auditors)
Yoshitaka KatoYasushi ManagoYukimi Ozeki
Members of Board, Auditors
Tenant Relations andBusiness Development
Department
33 34
Financial HighlightsMajor Group Companies
OFFICE BUILDINGS
NBF Of�ce Management Co., Ltd.
Nippon Building Fund Management Ltd.
Mitsui Fudosan Building Management Co., Ltd.
Mitsui Fudosan Facilities Co., Ltd.
Mitsui Fudosan Facilities West Co., Ltd.
RETAIL PROPERTIES
Mitsui Fudosan Retail Management Co., Ltd. Mitsui Fudosan Frontier REIT Management Inc.
HOMES AND LIVING
Mitsui Fudosan Accommodations Fund Management Co., Ltd.
Mitsui Fudosan Realty Co., Ltd.
Mitsui Fudosan Reform Co., Ltd.
Mitsui Fudosan Residential Co., Ltd.
Mitsui Designtec Co., Ltd.
Mitsui Fudosan Residential Services Co., Ltd.
Mitsui Fudosan Residential Service Kansai Co., Ltd.
Mitsui Fudosan Residential Lease Co., Ltd.
Mitsui Home Co., Ltd.
HOTELS AND RESORTS
Ise-Shima Resort Management Co., Ltd
Kyusin Kaihatsu Inc.
Daiasama Golf Co., Ltd.
Narita Sports Development Co., Ltd.
Mitsui Fudosan Hotel Management Co., Ltd.
MITSUI-NO-MORI Co., Ltd.
GLOBAL
Mitsui Fudosan America, Inc.
Mitsui Fudosan (U.K.) Ltd.
Mitsui Fudosan (Asia) Pte. Ltd.
Mitsui Fudosan (Asia) Malaysia Sdn. Bhd.
Mitsui Fudosan Asia (Thailand) Co., Ltd.
Mitsui Fudosan Australia Pty. Ltd.
Mitsui Fudosan Taiwan Co., Ltd.
Mitsui Fudosan (Shanghai) Consulting Co., Ltd.
Mitsui Fudosan Consulting (Beijing) Co., Ltd.
Mitsui Fudosan Consulting (Guangzhou) Co., Ltd.
OTHERS
Daiichi Engei Co., Ltd.
Tsunamachi Club Co., Ltd.
Tokyo Midtown Management Co., Ltd.
Mitsui Fudosan Architectural Engineering Co., Ltd.
Mitsuifudosan TG Smart Energy Co., Ltd.
Mitsui Fudosan Investment Advisors, Inc.
LOGISTICS PROPERTIES
Mitsui Fudosan Logistics REIT Management Co., Ltd.
(*1)
(Consolidated)
Revenue from Operations (Total sales)
Leasing
Property Sales
Management
Mitsui Home
Other
Operating Income
Operating income margin
Ordinary Income
Pro�t Attributable to Owners of Parent
Rate of return on equity
Total Assets
Net Assets
Net Income per Share
Payout Ratio
(Unit: million yen)
FY2018
1,861,195
603,284
530,766
404,346
-
322,797
262,147
14.1%
254,106
168,661
7.4%
6,802,731
2,420,804
171.30
25.7%
FY2014
1,529,036
464,842
425,442
317,818
242,150
78,782
186,074
12.2%
163,373
100,185
6.4%
1,932,084
103.89
24.1%
5,067,187
FY2015
1,567,969
509,178
391,577
334,652
247,455
85,104
202,482
12.9%
182,521
117,722
6.2%
1,989,041
119.14
25.2%
5,363,477
FY2016
1,704,416
536,518
488,710
347,672
247,195
84,320
232,698
13.7%
219,607
131,815
6.7%
2,056,931
133.40
25.5%
5,551,751
FY2017
1,751,114
558,165
499,607
353,813
252,180
87,346
245,902
14.0%
240,341
155,874
7.4%
6,284,723
2,287,700
157.75
25.4%
(Unit: yen)
FY2019
1,905,642
636,056
524,094
421,490
-
324,001
280,617
14.7%
258,510
183,972
7.7%
7,395,359
2,486,525
188.35
23.4%
*1:Previously the Group's segments had been aggregated based on the nature of products and services into the 5 reportable segments of “Leasing”, “Property Sales”, “Management”, “Mitsui Home” (a listed subsidiary), and“Other.” In accordance with the acquisition of Mitsui Home as a wholly-owned subsidiary in order to reinforce Group internal consolidation, segment aggregation for consolidated reporting for the �scal year ending March 2020 has been revised to 4 reportable segments: “Leasing”, “Property Sales”, “Management”, and “Other.” Segment information for consolidated statements for previous �scal years have revised to re�ect the change in segments.
Revenue from Operations (Unit: billion yen)
Operating Income / Profit attributable to owners of parent(Unit: billion yen)
2,000
1,500
FY2015
1,567 1,704 1,751 1,861
1,000
500
0FY2016 FY2017 FY2018 FY2019
300
200
FY2015
202232 245
117131
155
262
168
100
0FY2016 FY2017 FY2018 FY2019
1,9051,905 280
183
280
183
* Year ending March 31. * Year ending March 31.
Operating Income Profit attributable to owners of parent
35 36
History
1673
1914
1929
・
・
・
Opening of the "Echigo-ya" clothing store in Nihonbashi by Takatoshi Mitsui, founder of the House of Mitsui
Establishment of Mitsui Company and its real estate section
Completion of "Mitsui Main Building" (Tokyo)
1941
1949
1956
Separation of real estate division from the Mitsui Company, establishment of Mitsui Fudosan Co., Ltd.with 3 million yen in capital, wholly owned by the Mitsui family
Listing of stock
Liquidation and absorption of the "Mitsui Company" by Mitsui Fudosan
Mitsui Main Building
1961
1968
1969
Start of development and sales of residential and vacation property
Start of development and sales of condominiumsCompletion of "Kasumigaseki Building," the �rst skyscraper in Japan (Tokyo)
Start of construction and sales of detached housesEstablishment of "Mitsui Real Estate Sales Co., Ltd." (now "Mitsui Fudosan Realty Co., Ltd.") Kasumigaseki Building
1971
1973
1974
Completion of "Mita Tsunamachi Park Mansion" (Tokyo)
Establishment of "Mitsui Fudosan America, Inc."
Completion of "Shinjuku Mitsui Building" (Tokyo)Establishment of "Mitsui Home Co., Ltd."
Mita Tsunamachi Park Mansion
1980
1981
1984
1986
Establishment of " " system of joint development
Opening of �rst retail property in Japan:"LaLaport TOKYO-BAY" (Chiba)
Opening of �rst hotel in Japan:"Mitsui Garden Hotel Osaka Yodoyabashi" (Osaka)Opening of "Halekulani" (Hawaii)
Acquisition of "1251 Avenue of the Americas" (New York)
Halekulani
LaLaport TOKYO-BAY
Okawabata River City 21
MITSUI OUTLET PARK OSAKA TSURUMI
1990
1991
1993
1994
1995
1998
1999
Opening of "Alpark" (Hiroshima)
Creation of new corporate logo " "
Full completion of "Okawabata River City 21, West Block" (Tokyo)
Opening of "Shonan Village" (Kanagawa)
Opening of the �rst full-scale outlet mall in Japan"MITSUI OUTLET PARK OSAKA TSURUMI" (Osaka)
Registration of "Mitsui Main Building" as an Important Cultural Property
Completion of "Gate City Osaki" (Tokyo)Opening of "MITSUI OUTLET PARK MARINE PIA KOBE" (Hyogo)
COREDO Nihonbashi
2000
2002
2003
2004
2005
2006
2007
2008
Start of Of�ce Building Fund operationLaunch of Mid-term Business Plan
Completion of "Nakanoshima Mitsui Building" (Osaka)Opening of "MITSUI OUTLET PARK JAZZ DREAM NAGASHIMA" (Mie)
Completion of "Shiodome City Center" (Tokyo)Completion of "Aoyama Park Tower" (Tokyo)Launch of Long-term Business Plan "Challenge Plan 2008"
Completion of "Nihonbashi 1-chome Mitsui Building (COREDO Nihonbashi)" (Tokyo)
Completion of "Nihonbashi Mitsui Tower" (Tokyo)Completion of "Mitsui Garden Hotel Ginza Premier" (Tokyo)Establishment of Mitsui Fudosan Residential Co. Ltd.
Opening of "Urban Dock LaLaport TOYOSU" (Tokyo)Opening of "Mitsui Shopping Park LAZONA kawasaki plaza" (Kanagawa)Opening of "LaLaport KASHIWANOHA" (Chiba)
Opening of "TOKYO MIDTOWN" (Tokyo)Launch of Long-term Business Plan "New Challenge Plan 2016"Completion of "Gran Tokyo North Tower" (Tokyo)
Completion of "Akasaka Biz Tower SHOPS&DINING" (Tokyo)Opening of "MITSUI OUTLET PARK SENDAI PORT" (Miyagi)
Urban Dock LaLaport TOYOSU
TOKYO MIDTOWN
2010
2011
2012
2014
Opening of "MITSUI OUTLET PARK SAPPORO KITAHIROSHIMA" (Hokkaido)Completion of "Muromachi Higashi Mitsui Building (COREDO Muromachi 1)" (Tokyo)
Opening of "Shanjing Outlet Plaza-Ningbo" (Zhejiang Province, China)
Completion of "Yokohama Mitsui Building" (Kanagawa)Launch of Medium-to Long-term Business Plan "Innovation 2017"Opening of "MITSUI OUTLET PARK KISARAZU" (Chiba)Opening of "DiverCity Tokyo Plaza" (Tokyo)
Opening of "Mitsui Garden Hotel Osaka Premier" (Osaka)Opening of "Mitsui Garden Hotel Kyoto Shinmachi Bettei" (Kyoto)Completion of "Muromachi Furukawa Mitsui Building (COREDO Muromachi 2)" (Tokyo)Completion of "Muromachi Chibagin Mitsui Building (COREDO Muromachi 3)" (Tokyo)Completion of "Iidabashi Grand Bloom" (Tokyo)Opening of Kashiwa-no-ha Smart City "Gate Square" (Chiba)Completion of "Fukutoku Shrine" (Tokyo)Opening of "Millennium Mitsui Garden Hotel Tokyo" (Tokyo)
MITSUI OUTLET PARK SAPPORO KITAHIROSHIMA
Fukutoku Shrine
Kashiwa-no-ha Smart City "Gate Square"
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37 38
Fukutoku Garden
WORK STYLING Shibuya
TOKYO MIDTOWN HIBIYA
Halekulani Okinawa
COREDO Muromachi Terrace
Toyosu Bayside Cross Tower
2015
2016
2017
2018
2019
Launch of Medium- to Long-term Business Plan "Innovation 2017 (Stage II)"
Opening of "MITSUI OUTLET PARK KLIA SEPANG" (Kuala Lumpur)
Opening of "MITSUI OUTLET PARK HOKURIKU OYABE" (Toyama)
Opening of "LaLaport EBINA" (Kanagawa)
Opening of "LaLaport EXPOCITY" (Osaka)
Opening of "MITSUI OUTLET PARK LINKOU" (Taiwan)
Opening of "AMANEMU" (Mie)
Completion of "Fukutoku Garden" (Tokyo)
Opening of "LaLaport SHONAN HIRATSUKA" (Kanagawa)
Opening of "WORK STYLING" (Tokyo)
Opening of "HOTEL THE CELESTINE KYOTO GION" (Kyoto)
Rebrand opening of "HOTEL THE CELESTINE TOKYO SHIBA" (Tokyo)
Opening of "Mitsui Shopping Park &mall"
Completion of "TOKYO MIDTOWN HIBIYA" (Tokyo)
Announcement of "VISION 2025"
– The New Mitsui Fudosan Group Long-term Vision
Completion of "Nihonbashi Takashimaya Mitsui Building" (Tokyo)
Opening of "LaLaport NAGOYA minato AQULS" (Aichi)
Completion of "55 Hudson Yards" (New York)
Opening of "Mitsui Garden Hotel Nihonbashi Premier" (Tokyo)
Completion of "Television Centre Redevelopment Project (Phase 1)" (London)
Opening of "MITSUI OUTLET PARK TAICHUNG PORT" (Taichung)
Completion of "Yomiuri Namiki-dori St. Building" (Tokyo)
Completion of "Nihonbashi Muromachi Mitsui Tower" (Tokyo)
Completion of "Mitsui Fudosan Industrial Park (MFIP) Haneda" (Tokyo)
Opening of "Halekulani Okinawa" (Okinawa)
Grand opening of "COREDO Muromachi Terrace" (Tokyo)
Completion of "MFLP Funabashi Ⅱ, MFLP Funabashi & GATE" (Chiba)
Opening of "LaLaport NUMAZU" (Shizuoka)
Opening of "Halepuna Waikiki" hotel (Hawaii)
* Renewal of "Waikiki Park Hotel" opened in 1987
Opening of "Mitsui Garden Hotel Jingugaien Tokyo Premier" (Tokyo)
Opening of "Mitsui Garden Hotel Roppongi Tokyo Premier" (Tokyo)
Opening of "MFLP ICT LABO 2.0" (Chiba)
Completion of "Otemachi One" (Tokyo)
Completion of "Toyosu Bayside Cross Tower" (Tokyo)
Scale-up opening of "Urban Dock LaLaport TOYOSU" (Tokyo)
*Renwal of "Urban Dock LaLaport TOYOSU (Ⅰ・Ⅱ)" and opening of
"Urban Dock LaLaport TOYOSU (Ⅲ) (Bayside Cross Tower)
Renewal Opening of "MITSUI OUTLET PARK YOKOHAMA BAYSIDE"
(Kanagawa) *Opened in 1988
Opening of "Mitsui Garden Hotel Fukuoka Nakasu" (Fukuoka)
Opening of "RAYARD MIYASHITA PARK"(Tokyo)
*Properties are identified by their current names.
・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・
2020 ・・・・・
・・・
2020