Tag - mitsubishi-estate



Mitsubishi Estate President Atsushi Nakajima speaks at a groundbreaking ceremony for Torch Tower in Tokyo on Wednesday.
Sep 30, 2023
Construction of Japan's tallest skyscraper begins near Tokyo Station
The Torch Tower, expected to be completed in March 2028, will surpass the 330-meter Azabudai Hills Mori JP Tower in the capital's Minato Ward.
Japan Times
Jul 12, 2023
Mitsui Fudosan displaces Mitsubishi Estate as Japan's top real estate developer
Recovering tourism, after the lifting of pandemic controls, and work-from-home habits have altered investors’ views of hotels and offices, in which Mitsui is more heavily invested.
Japan Times
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.
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.
Japan Times
Aug 20, 2019
Special shrine opens ahead of Rugby World Cup
A special rugby shrine opened in the Marunouchi business district of central Tokyo on Tuesday, ahead of the Rugby World Cup starting in a month.
BUSINESS / Economy
Aug 5, 2019
Tiny booths for telecommuting begin rollout ahead of Tokyo 2020 Olympics
Call it co-working, Japan-style. People on the go will soon be able to find a quiet place to sit down and tap away on a laptop, thanks to phone-booth-sized offices popping up at train stations, airports and skyscraper lobbies.
Japan Times
BUSINESS / Economy
Jul 5, 2019
S&P warns it could be bubble time again for Japan's real estate companies as debts rise
Japan's real estate firms are entering dangerous territory. That's the assessment of S&P Global Ratings, which said in a report Friday that the sector's debt levels now eclipse that of the nation's bubble era.
BUSINESS / Companies
Mar 13, 2018
Mitsubishi Estate enters agribusiness to produce premium cherry tomatoes
Property developer Mitsubishi Estate Co. said Tuesday it has entered agribusiness as part of efforts to remodel its businesses for future growth, and plans to produce cherry tomatoes with high sugar content.
JAPAN / Media / Japan Pulse
Mar 30, 2016
The onsen odyssey of the Japanese snow monkey
A new commercial features a monkey traveling from Nagano to Tokyo u2014u00a0via train u2014 to take a dip in a hot spring.
BUSINESS / Markets
Jan 28, 2016
Mitsubishi Estate raises ¥250 billion in biggest bond sale of year
Mitsubishi Estate Co. raised ¥250 billion in the biggest Japanese corporate bond sale so far this year and the latest jumbo offer luring yield-hungry yen fixed-income investors with riskier notes.
Japan Times
Mar 20, 2015
Mitsui Fudosan, Mitsubishi Estate among foreign developers grabbing major N.Y. deals
Mitsui Fudosan Co., Mitsubishi Estate Co. and a handful of other foreign developers are taking stakes in major real estate projects such as high-rises and commercial properties in New York as the U.S. economy recovers.
Aug 12, 2014
Mori Building sells debt to fund projects in run-up to Olympics
Mori Building Co. sold its longest bond ever as Japan's biggest closely held developer plans ¥1 trillion ($9.8 billion) in projects in the decade that will include the 2020 Tokyo Olympics.
Jul 16, 2014
Mitsubishi Estate to tap Otemachi for new hot spring facility
Tourists and local residents in the Otemachi business district will soon be able to enjoy a natural hot spring bath in the heart of Tokyo, after real-estate giant Mitsubishi Estate Co. confirmed Tuesday it had successfully tapped a hot spring source and would proceed with plans to build a bathing facility.
BUSINESS / Companies
May 8, 2014
Mitsubishi Estate turns first profit in three years
Mitsubishi Estate Co. said Thursday that full-year earnings rose for the first time in three years as profit margins at its residential business improved and office rents recovered.
Japan Times
BUSINESS / Companies
Feb 5, 2014
Mitsubishi Estate profit up 73% on home sales
Mitsubishi Estate Co. said Wednesday its nine-month net income rose 73 percent as profit margins of its residential business improved.
BUSINESS / Companies
Feb 3, 2014
Defect-hit Mitsubishi Estate halts sale
Mitsubishi Estate Co., the nation's biggest developer by market value, said it is halting the sale of units in a residential building in central Tokyo because of defects.
Japan Times
BUSINESS / Companies
Dec 19, 2013
Mitsubishi Estate to hike office rent in Marunouchi
Mitsubishi Estate Co. plans to increase office rents for the first time in about five years in 2014 as the supply of new buildings slows.


Hideo Shimoju points to a possible site that his fellow neighbors may relocate to. Such relocations have happened before, but not preemptively.
In disaster-prone Japan, some communities consider major moves