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BUSINESS
Aug 2, 2011

Mitsubishi Estate to upsize fund, target pensions

Mitsubishi Estate Co., the nation's largest developer by market value, plans to expand a property fund that targets pension investors to help boost its asset-management business.
BUSINESS
Mar 15, 2008

Mitsubishi Estate eyes property manager M&As

Mitsubishi Estate Co., Japan's largest developer by value, may buy property managers to more than double assets under management to ¥4 trillion ($40 billion) within six years as Tokyo commercial rents slow.
Japan Times
BUSINESS / Companies
Jan 23, 2021

As climate change push grows, Japanese firms accelerate shift to renewable energy

Major companies are moving up their timelines to shift to renewables, as the need to be environmentally friendly is becoming a key factor in expanding their businesses.
BUSINESS
Mar 6, 2002

Mitsubishi Estate expects big losses

Mitsubishi Estate Co. said Tuesday it anticipates a consolidated net loss of 72.5 billion yen in the business year through March, a reversal from an earlier forecast profit of 20.5 billion yen, as it will write off latent losses on real estate holdings.
EDITORIALS
Mar 8, 2012

The real 'China threat'

Considerable attention has been devoted to the threat seemingly posed by the growth of China's power and influence. It seems like every week the country is marking some new "first" in its military modernization program, all of which are said to be underwritten by a desire to become the pre-eminent power...
BUSINESS
Jun 25, 2011

Mitsubishi Estate to spend big this year

Mitsubishi Estate Co. this year will start using a quarter of the ¥600 billion it plans to invest by 2014 to redevelop Tokyo's most expensive business district.
BUSINESS
Mar 26, 2008

Mitsubishi Estate to buy Resona HQ for ¥162 billion

Resona Holdings Inc. said Tuesday it will sell its Tokyo head office building to Mitsubishi Estate Co. for ¥162 billion in Japan's biggest real estate transaction this year.
JAPAN
Nov 26, 1997

Mitsubishi Estate, Hitachi raided over payoffs

The Metropolitan Police Department raided the head offices of Mitsubishi Estate Co. and Hitachi Ltd. on Wednesday over alleged illegal payoffs to a "sokaiya" corporate extortionist.
BUSINESS
Jun 2, 2011

Mitsubishi Estate targets 17% gain in operating profit by March 2014

Mitsubishi Estate Co. is targeting an increase of 17 percent in operating profit in three years as it redevelops buildings in central Tokyo and expands overseas.
BUSINESS
Dec 29, 2004

Towa may receive capital from Mitsubishi Estate

Struggling condominium builder Towa Real Estate Development Co. has entered the final phase of talks with Mitsubishi Estate Co. on receiving capital, sources said Tuesday.
Japan Times
BUSINESS
Jun 15, 2022

Japanese firm to tackle dearth of female managers with novel bond

Mitsubishi Estate Co., a developer of office buildings and luxury condos, aims to raise the proportion of its female managers to 40% in fiscal 2050, up from just 5.8% in fiscal 2020.
BUSINESS
May 8, 2012

Mitsubishi Estate profit falls 12%

Mitsubishi Estate Co., Japan's second-biggest developer, said full-year profit fell 12 percent because of declining rental income and a drop in apartment sales. Shares retreated to a three-month low.
BUSINESS
May 1, 2009

Mitsubishi Estate sees profit halve

Mitsubishi Estate Co., Japan's second-largest developer, said Thursday its full-year profit fell 48 percent, more than expected, as the deepening recession sapped demand for condominiums.
JAPAN
Nov 27, 2001

Late Kankeiren chief's estate priced at 1 billion yen

OSAKA -- The late Osamu Uno, former chairman of the Kansai Economic Federation (Kankeiren), left a taxable estate worth 1 billion yen, tax administrators said Monday.
JAPAN
Nov 27, 2001

Late Kankeiren chief's estate priced at 1 billion yen

OSAKA -- The late Osamu Uno, former chairman of the Kansai Economic Federation (Kankeiren), left a taxable estate worth 1 billion yen, tax administrators said Monday.
BUSINESS
May 16, 2003

Mitsubishi Estate back in the black

Mitsubishi Estate Co.'s group net balance returned to the black in fiscal 2002 due to a much smaller special loss than the previous year, when it booked huge valuation losses on fixed property.
JAPAN
Jan 22, 2003

Actress's estate worth 430 million yen

OSAKA -- The late actress Chocho Miyako had 430 million yen worth of taxable assets, sources said Tuesday.
COMMUNITY
Mar 4, 2001

Japanese estate agent right at home in London

"I'll have the agreement drafted by Monday, then fax it over," Kazuyuki Nakamura was saying to a client over the phone last week in northwest London. "It's not your property? So who is the landlord? Well, he can appoint you to collect (rents) on his behalf. Otherwise we can, but then that will cost you;...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Oct 3, 2015

Don't be green about the charm of tatami

When we were thinking of buying a condominium, we visited several old danchi — apartments built by Japan's former public housing corporation — because they were cheap and, we thought, easy to renovate. One of the units we inspected had bedroom floors made of tatami mats, and we wondered if we could...
BUSINESS
Jul 24, 2015

Long history of money-losers for Japan Inc.

Here we go again?
BUSINESS / Companies
Jan 22, 2015

Mitsui Fudosan to build office tower in Manhattan

Mitsui Fudosan Co., Japan's biggest developer, will build an office tower in Manhattan with an expected cost of ¥150 billion.
Japan Times
JAPAN / Media / MEDIA MIX
Aug 21, 2011

Korean television dramas are not the real problem

On July 23, actor Sosuke Takaoka tweeted that he was sick of all the Korean dramas on Fuji TV, a network he "used to be indebted to," and demanded more "traditional" Japanese programming. "If anything related to South Korea is on," he continued, "I just turn it off." The backlash was swift, and the actor...
JAPAN
Jun 13, 2001

Kajiyama left behind 400 million yen estate

Former Chief Cabinet Secretary Seiroku Kajiyama, who died last June at age 74, left behind about 400 million yen in taxable assets.
EDITORIALS
Jun 10, 2005

The real state of the economy

Japanese corporations, by and large, chalked up their biggest profit gains ever in the financial year ended March 31, breaking previous records for the third straight year. But numbers can be misleading. Earnings statistics indicate economic movements and trends but do not necessarily tell what these...
China's exports fell by 14.5% year on year in July, a stark contrast from the robust 17.2% export growth recorded in July 2022.
COMMENTARY / World
Sep 11, 2023

Why hasn’t China rushed to bail out its economy?

China's reluctance to unveil a massive stimulus package despite the ongoing economic slowdown has puzzled foreign observers and the Chinese public alike.
A China Railway employee works at the construction site for the Xiongan station of a new railway connecting Beijing to the area in Hebei province, China, in March 2019. In his annual new year speech, Chinese President Xi Jinping trumpeted the city’s progress saying it was "growing fast” and helping to revitalize northeastern China.
BUSINESS / Economy / FOCUS
Jan 10, 2024

Xi Jinping’s empty dream city shows limits of his power, even in China

The meticulously planned metropolis' slow start underscores the flaws in the Chinese president's plan to tempt people from the capital.
A woman passes an "akichi" (vacant lot) in Bunkyo Ward, Tokyo. The capital is littered with such small lots in part because of Japan's aging and shrinking population.
JAPAN / Society / Longform
Sep 21, 2024

Dealing with rising land vacancies as Japan shrinks

"Akichi," or vacant plots of land, are nothing new to the urban landscape. As the population decreases, however, the challenge is how to handle their steady increase.
Xu Pengcheng (right), model Mao Yi and Nono walk along a corridor inside an abandoned hotel in Shanghai on May 24.
ASIA PACIFIC
Jul 6, 2025

China's abandoned buildings draw urban explorers despite risks

Urban exploration is growing in popularity in China, where a yearslong property sector crisis has left many cities dotted with empty buildings.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji