Mitsubishi Estate Co. and trading house Mitsubishi Corp. have said they will jointly install an electronic toll collection system in the Marunouchi Building parking lot Saturday, the structure's first anniversary.

The system electronically responds to a special device installed in cars when they approach the gate, automatically raising the horizontal bar and allowing vehicles to enter without stopping.

Parking fees are later withdrawn from registered credit card accounts.

It will be the first ETC system in a parking lot, the two companies said.

The firms will initially target parties that use the parking facility on a monthly contract basis, but they hope to expand it to cover people who are members of Mitsubishi Estate's credit card service that want to use the lot on an hourly basis, officials said.

Mitsubishi Estate opened Marunouchi Building near Tokyo Station on Sept. 6, 2002.

A total of some 23.7 million people visited Marunouchi Building between its opening day and the end of August, according to Mitsubishi Estate.

About 60,000 people visit the building each day, so the annual total is expected to reach around 24 million, up sharply from an initial projection of 13 million to 15 million.

To commemorate the first anniversary of the building, which has become a popular tourist spot in Tokyo along with other redevelopment projects, Mitsubishi Estate began hosting a variety of events on Friday, including live jazz performances.

The events will run for one month.