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Integrated Report 2019
Integrated Report 2019 Sumitomo Realty & Development Co., Ltd. 1 Sumitomo’s Business Philosophy The Sumitomo Realty Group, as the heir of Sumitomo Honsha, Ltd., has developed into a comprehensive real estate enterprise of Continue creating the Sumitomo Group with a history of 400 years. The business philosophy—“Placing prime importance on integrity and sound management in the conduct of its business” and “Under no circumstances, shall it pursue easy gains”—which have been new value with handed down as a guiding principle throughout the Sumitomo’s history, live on in the form of our corporate slogan, “Integrity and "Integrity and Innovation.” Innovation" Placing top priority on Integrity, we will go beyond simple development and relentlessly pursue value creation through our innovative and challenging spirit. Fundamental Mission “Create even better social assets for the next generation.” We have set forth our fundamental mission as “to create even better social assets for the next generation” through our businesses closely associated with people’s daily lives. Based on this fundamental stance, the Sumitomo Realty Group is engaging in business with the aim of creating cities and urban spaces that are resilient to disasters, friendly to people and the environment, and harmonious with history and culture. Contents 2 Sustainable Growth as Tokyo’s No.1 Office Owner 28 Addressing Social Issues through Business Activities 46 Financial Section History of Corporate Value Creation by "Land Innovation" 30 Feature 1 Sustainable urban redevelopment—Osaki -
Tokyo GB Eng.Pdf
http://www.kankyo.metro.tokyo.jp/en/index.html Introduction In the year 2000, the Tokyo Metropolitan Government (TMG) replaced the Tokyo Metropolitan Pollution Prevention Ordinance with the Tokyo Metropolitan Environmental Security Ordinance, which covers countermeasures for vehicle pollution, chemical substances and climate change. The reason for the replacement was a shift in Tokyo’s environmental problems from industrial pollution mainly attributable to factories to urban and domestic pollution due to vehicle emissions and chemical substances, which may sometimes be related to climate change problems. In 2002, we started two programmes on which Tokyo’s present climate change strategy has been based: Tokyo Green Building Program for new buildings and Tokyo Carbon Reduction Reporting Program for existing large facilities. Since 2005, we have been promoting environmentally superior developments by introducing a mechanism to evaluate and disclose facilities’ efforts made in the programmes. In Tokyo’s Big Change - The 10-Year Plan developed in 2006, we set a goal of reducing citywide greenhouse gas emissions by 25% below 2000 levels by 2020 to make Tokyo a city with the least environmental impact in the world. Then in 2007, we announced the Tokyo Climate Change Strategy, which clarified our basic attitude toward tackling climate change for the next 10 years. Following a revision of the Tokyo Metropolitan Environmental Security Ordinance in 2008, we launched the Tokyo Cap-and-Trade Program for large facilities, the world’s first urban cap- and-trade scheme that covers office buildings as well, and the Carbon Reduction Reporting Program for small and medium facilities, committed to advancing our climate change strategy ever since then. -
MEGAMIASTO TOKIO RAJMUND MYDEŁ 7 Miast Świata (UN World Urbanization Prospect), Wyróżniana Jest Ta Nowa Kategoria Wielkościo Wa Miejskich Form Osadniczych
M EGAMI ASTO ТОКІО RAJMUND MYDEŁ Być małą kroplą w oceanie wiedzy, piękne marzenie Rajmund Mydeł M EGAMI ASTO ТОКІО RAJMUND MYDEŁ Kraków 2014 SPIS TREŚCI WPROWADZENIE............................................................................................................................................................ 7 1. PRZEDMIOT I CEL STUDIUM................................................................................................................................... 17 2 . KONCEPCJE PLANISTYCZNE ROZWOJU M EGAMI ASTA ORAZ PRZESTRZENNO-FUNKCJONALNE EFEKTY ICH REALIZACJI......................................................................................................................................... 29 3 . STRUKTURA WIELKOŚCIOWA MIAST ORAZ JEJ PRZESTRZENNE ZRÓŻNICOWANIE..........................lO l 4 . DEMOGRAFICZNO-SPOŁECZNY ORAZ FUNKCJONALNY OBRAZ M EGAMI ASTA I JEGO PRZESTRZENNA ZMIENNOŚĆ............................................................................................................... 121 5 . ROZWÓJ I PRZEMIANY PRZESTRZENNYCH UKŁADÓW RYNKU PRACY...................................................141 6. FUNKCJONOWANIE MEGAMIASTA ORAZ ZRÓŻNICOWANIE ŚRODKÓW TRANSPORTU W PRZEWOZACH PASAŻERSKICH.......................................................................................................................153 PODSUMOWANIE........................................................................................................................................................ 173 BIBLIOGRAFIA...............................................................................................................................................................177 -
Real Estate Sector 4 August 2015 Japan
Deutsche Bank Group Markets Research Industry Date Real estate sector 4 August 2015 Japan Real Estate Yoji Otani, CMA Akiko Komine, CMA Research Analyst Research Analyst (+81) 3 5156-6756 (+81) 3 5156-6765 [email protected] [email protected] F.I.T.T. for investors Last dance Bubbles always come in different forms With the big cliff of April 2017 in sight, enjoy the last party like a driver careening to the cliff's brink. Japan is now painted in a completely optimistic light, with the pessimism which permeated Japan after the Great East Japan Earthquake in 2011 forgotten and expectations for the 2020 Tokyo Olympics riding high. The bank lending balance to the real estate sector is at a record high, and we expect bubble-like conditions in the real estate market to heighten due to increased investment in real estate to save on inheritance taxes. History repeats itself, but always in a slightly different form. We have no choice but to dance while the dance music continues to play. ________________________________________________________________________________________________________________ Deutsche Securities Inc. Deutsche Bank does and seeks to do business with companies covered in its research reports. Thus, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. DISCLOSURES AND ANALYST CERTIFICATIONS ARE LOCATED IN APPENDIX 1. MCI (P) 124/04/2015. Deutsche Bank Group Markets Research Japan Industry Date 4 August 2015 Real Estate Real estate sector FITT Research Yoji Otani, CMA Akiko Komine, CMA Research Analyst Research Analyst Last dance (+81) 3 5156-6756 (+81) 3 5156-6765 [email protected] [email protected] Bubbles always come in different forms Top picks With the big cliff of April 2017 in sight, enjoy the last party like a driver Mitsui Fudosan (8801.T),¥3,464 Buy careening to the cliff's brink. -
Delivering the Performance We Promised
Delivering the Performance We Promised Solid progress under our long-term plan, backed by a strong focus on our core businesses of holding, trading and management, has positioned Mitsui Fudosan to drive sustainable growth as a leader at every stage of Japan’s real estate value chain. Annual Report 2006 Year ended March 31, 2006 High-potential developments and… Contents 1 Delivering the Performance We Promised 18 Management Business 24 Six-Year Summary 4 To Our Stakeholders 20 Corporate Social Responsibility 25 Management’s Discussion and Analysis 10 Holding Business 22 Corporate Governance 36 Consolidated Financial Statements 14 Trading Business 23 Management Team 59 Corporate Information Capturing opportunities in new growth segments of the real estate market will lay the groundwork for the next generation of expansion. Nihonbashi Mitsui Tower Exemplifying our commitment to enhancing the richness of Nihonbashi’s past with modern amenities, this 39-story high-rise complex complements the historically significant Mitsui Main Building with leading-edge office space and the Mandarin Oriental Hotel. 1 ...solid financial structure... An improved debt/equity ratio and a heightened emphasis on cash flow and less capital-intensive businesses give Mitsui Fudosan the flexibility to invest for growth. Tokyo Midtown Set to open in spring 2007, Tokyo Midtown will offer office, retail and residential facilities. A Ritz-Carlton Hotel and the Suntory Museum of Art will add further appeal to this innovative urban development. 2 Shibaura Island Project This impressive urban housing development will feature 4,000 condominium units, including both units for sale and rental apartments, on a 60,000 square-meter site. -
CSR Report 2005
CSR Report 2005 ANA Group Corporate outline (as of April 1, 2005) CONTENTS Company name Message from the President 1 All Nippon Airways Co., Ltd. ANA CSR Message 2 President Mineo Yamamoto 2004 Highlights 6 Date of establishment December 27, 1952 ANA’s CSR Address As a company trusted by society Shiodome City Center,1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo 105-7133, Japan ANA’s CSR 12 Website URL ANA’s Management Style 14 http:// www.ana.co.jp Paid-in capital ¥107,292 million Approach to Safety Number of employees Aiming for the world’s highest levels of safety 12,091 Approach to Safety 18 Number of routes and flights Domestic service : 132 routes, 865 flights per day International service : 35 routes, 488 flights per week Engagement with Stakeholders As a good corporate citizen Customers 24 Outline Communities and Society 28 Editorial Policy Next Generation 32 We published the CSR Report as a new tool for communication. This Report presents plain and simple Business Partners 35 descriptions of our CSR activities to a wide range of stakeholders. Employees 36 * For more details about our environmental activities, please refer to the ANA Group Together with Our Stakeholders 40 Environmental White Paper. Activities and data not included in the Report will be available on a CSR information page on our website – ANA Sky Web. Organizations Covered Approach to the Environment In principle, the ANA Group as a whole. For contribution to a sustainable society (Some activities are distinct to All Nippon Airways Co., Ltd. or its group companies.) -
MITSUI FUDOSAN Co., Ltd
Case Study LCM Service Mitsui Fudosan Co., Ltd. The rapid growth of the shared office business, driven by the government-promoted work style reform sustained by a PC deployment and management support service Mitsui Fudosan Co., Ltd., one of Japan’s leading real estate companies, has recently launched a new shared office business called “Work Styling,” aimed at companies promoting “work style reform.” The new business offers some 30 office locations in major cities all over Japan, used by a fast-growing list of corporate clients. When the business was initially launched, however, there were difficulties with the installation and management of PCs for use by the “concierges” of the shared office spaces. Fujitsu’s LCM Service not only resolved the issue, but it also helped to accelerate expansion of office sites. Challenges Results PCs for reception and networking needed to be installed Rapid PC installation and support for work sites using Help Desk, at at locations around Japan in a short time pace with rapid expansion in office sites With more and more sites, the people in charge of Lower PC installation work load enabled a shift in resources to the installation faced a growing work load planning of new office sites and enhanced services An increasingly heavy work load to deal with PC-related Using Help Desk to respond to inquiries from concierges reduced the inquiries from the concierges at each office site management work load of people in charge LCM Service (PC installation and management at growing number sites across Japan) / PCs, Products and Services printers, Office 365, IT Policy N@vi Aim Installation, management, and support of PCs for reception Reason To deal with national expansion and use Help Desk Key point Support for installation/management to enable shared office setup in a short time With increasing shared office sites, been focused on work style reform. -
Non-Existing Governmental Bodies)
存在しない日本政府機関 (Non-Existing Governmental Bodies) 電話番号又はファックス番号 商号、名称又は氏名等 所在地又は住所 ウェブサイトURL 掲載時期 (Phone Number and/or Fax (Name) (Location) (Website) (Publication) Number) Japanese Bureau of Mergers 31 floor, Midtown Tower, 9-7-1 2019年9月 Tel: +81 3 4572 0701 https://japbma.org/ and Acquisitions Akasaka, Minato, Tokyo, Japan (September 2019) Metropolitan Financial 8F Humax Ebisu Building, 2019年6月 Services & Futures Ebisu Minami 1-1-1, Shibuya-ku, Tel: +81 3 4579 5647 www.mfinsfa.com (June 2019) Authority Tokyo, ZIP 150-0022 STEP Roppongi Bldg. West 1F, Japanese Securities and 2019年6月 6-8-10 Roppongi, Minato-ku, Tel: +81 3 4510 7897 http://jaseca-gov.org Compliance Authority (June 2019) Tokyo, ZIP 106-0032 World Udagawa Bldg. 6F, 36-6, Foreign Securities 2019年6月 Udagawa-cho, Shibuya-ku, Tokyo, and Bond commission (June 2019) ZIP 150-0042 Foreign Securities 3-7-1 Kasumigaseki,Chiyodaku 2019年6月 Tel: +81 3 4520 8922 https://www.fssa-gov.org/ Supervisory Authority Tokyo, ZIP 100-0013 (June 2019) Axes 7th Building 6F, 3-17-4, 2019年6月 Equity Regulatory Authority Shibuya-ku, Tokyo, ZIP 150- Tel: +81 3 4520 8934 https://era-gov.org/ (June 2019) 0002 Mita Belljyu Building, Floor Tel: +81 3 4579 0731 24, 2018年11月 Tatler Cox Fax: +81 3 6800 2769 [email protected] 5-36-7 Shiba, Minato-ku, Tokyo (November 2018) Shiodome City Center 1-5-2, Foreign Securities Exchange Higashi - Shinbashi, Minato-ku, 2018年11月 Tel: +81 3 4510 7815 http://fsec-gov.org/ Commission Tokyo, (November 2018) ZIP 105-7140 29th floor, C tower, 3-7-1 Mergers and Consolidations Nishi -
(38Th Fiscal Period) Information Package
Fiscal Period Ended March 2021 (38th Fiscal Period) Information Package (Securities Code: 8961) https://www.mt-reit.jp/en/ (Asset Management Company) MEMO Contents 1. Overview of the Settlement and Forecasts 3 5. Reference 32 Fiscal Period Ended March 2021 Settlement Highlights 4 Balance Sheets 33 Overview of the Settlement for the Fiscal Period Ended March 2021 5 Statements of Income and Retained Earnings 34 Factors for Change in Distributions per Unit 6 Statement of Cash Distributions / Statements of Cash Flows 35 (the fiscal period ended March 2021) Changes in Indicators 36 Forecasts for the Fiscal Period Ending September 2021 7 Factors for Change in Distributions per Unit 8 Changes in Asset Size, LTV and Distribution Per Unit 37 (the fiscal period ending September 2021) Property Portfolio List as of the End of the Fiscal Period 38 Forecasts for the Fiscal Period Ending March 2022 9 Appraisal Values of Portfolio Properties at the Fiscal Period-End 39 2. Operation Status 10 Changes in Occupancy Rate 40 External Growth (Recognition of Conditions and Future Policies) 11 Overview of Occupancy Rate and Lease Contracts at the Fiscal 41 Asset Replacement (Sale of Part of the Tokyo Shiodome Building and 12 Period-End Purchase of Kamiyacho Trust Tower) Portfolio Summary and Breakdown of Property-Related 42 New Property Acquisition (Kamiyacho Trust Tower) 13 Revenues/Expenses Internal Growth (Recognition of Conditions and Future Policies) 14 Interest-Bearing Liabilities 45 Internal Growth (The present leasing status of the Tokyo Shiodome 15 Investors 46 Building/Situation of Rent Revision for Six Office Buildings) Changes in Unit Prices 47 Future response policy regarding Shinbashi Ekimae MTR Building 16 Financial Status (Management Results for the Fiscal Period Under Review 17 Changes in Vacancy Rate and Rent per Unit in Major Cities 48 and Loan Repayment Schedule Diversification) Asset Management Company Remuneration Methods 49 Financial Status (Status of Interest-Bearing Liabilities and Rating) 18 3. -
Fiscal Period Ended September 2018 (33Rd Fiscal Period) Information Package
(Securities Code: 8961) https://www.mt-reit.jp/en/ Fiscal Period Ended September 2018 (33rd Fiscal Period) Information Package (Asset Management Company) MEMO Contents 1. Overview of the Settlement and Forecasts 3 4. Initiatives Related to ESG 24 Fiscal Period Ended September 2018 Settlement Highlights 4 Initiatives Related to ESG 25 Overview of the Settlement for the Fiscal Period Ended September 5 5. Characteristics of MORI TRUST Sogo Reit, Inc. 28 2018 Basic Policy and Characteristics of MORI TRUST Sogo Reit, Inc. 29 Factors for Change in Distributions per Unit 6 (the fiscal period ended September 2018) Mori Trust Group 31 Forecasts for the Fiscal Period ending March 2019 7 Major Properties Held, Developed, etc. in Central Tokyo by Mori Trust Group 32 Factors for Change in Distributions per Unit 8 (the fiscal period ending March 2019) 6. Reference 33 Fiscal Period Ending September 2019 Forecasts and Changes in 9 Balance Sheets 34 Internal Reserves Statements of Income and Retained Earnings 35 Changes in Distributions 10 Statement of Cash Distributions / Statements of Cash Flows 36 11 2. Portfolio Operations Data Changes in Indicators 37 Investment Strategy 12 Changes in Occupancy Rate 38 Initiatives for Internal Growth (1) (Major Situations of Occupancy of 13 Portfolio Summary and Breakdown of Property-Related 39 Individual Properties) Revenues/Expenses Initiatives for Internal Growth (2) (Situation of Rent Revision and 14 Changes in Asset Size, LTV and Distribution Per Unit 42 Initiatives for Cost Reduction) Changes in Unit Prices 43 Property Portfolio List as of the End of the Fiscal Period 15 Asset Management Company Remuneration Methods 44 Appraisal Values of Portfolio Properties at the Fiscal Period-End 16 Overview of Occupancy Rate and Lease Contracts at the Fiscal 17 Period-End Disclaimer / Contact Information 3. -
Fujitsu Corporate Profile 2019-20
Message from the President Digital technology is transforming business, society and the everyday lives of people. Fujitsu’s role has always been to innovate, and through ICT to support society. The technologies we use to achieve this are constantly evolving to keep pace with the times, but technology itself will always remain at our core. It is how we compete; it is in our DNA. In this digital society, we continue to be a technology leader as we work to meet our customers’ expectations. A new approach is required and open innovation is essential to realize digital transformation for our cus- tomers. Right now, we are actively shaping the robust ecosystems that our customers, startup companies, academic institutions and partners participate in. Through Digital Co-creation, we will deliver new value for everyone. At Fujitsu, we firmly believe that technology enables people’s happiness and wellbeing. With technology playing a more important role than ever before, we must put people at the center of everything we do. Fujitsu will continue contributing to the creation of a networked society that is both rewarding and secure, and which will bring about a prosperous future that fulfills the dreams of people throughout the world. Takahito Tokita President and Representative Director Fujitsu Limited 1 Company Profile FUJITSU LIMITED Corporate Shiodome City Center, 1-5-2 Higashi-Shimbashi, Capital 324.6 billion yen (as at March 31, 2019) Headquarters Minato-ku, Tokyo 105-7123, Japan Number of 411 companies (as at May 29, 2019) Established June -
Sale of Asset (Mita MT Building)
November 28, 2014 Press Release Issuer of Real Estate Investment Trust Securities MORI TRUST Sogo Reit, Inc. 2-11-7 Akasaka, Minato-ku, Tokyo Satoshi Horino, Executive Director (TSE code 8961) Asset Management Company: MORI TRUST Asset Management Co., Ltd. Satoshi Horino, President and Representative Director Contact: Michio Yamamoto Director and General Manager, Planning and Financial Department Phone: +81-3-3568-8311 Sale of Asset (Mita MT Building) Tokyo, November 28, 2014— Mori Trust Asset Management Co., Ltd. (hereinafter “the asset manager”), the asset management company which manages assets on behalf of Mori Trust Sogo Reit, Inc. (MTR), has announced the sale of an asset. Details are as follows: 1. Sale Summary (1) Type of asset: Real estate (2) Property name: Mita MT Building (hereinafter “the Property”) (3) Sale price: 13,000 million yen (excluding sale overheads and taxes) <reference> Appraisal value of the real estate: 12,000 million yen (appraisal date: October 31, 2014) (4) Book value: 15,616 million yen (at the end of September 2014) (5) Loss: Approximately 2.6 billion yen (Because of unconfirmed elements, including expenses for the sale, the amounts above are approximate estimates.) (6) Contract date: November 28, 2014 (7) Planned closing date: December 10, 2014 (8) Buyer: MORI TRUST CO., LTD. (Please refer to 4. Buyer Overview.) (9) Settlement method: Single payment at the time of delivery Disclaimer: This English language document is provided as a service and is not intended to be an official statement. Should a discrepancy be found, the Japanese original will always govern the meaning and interpretation. 2.