CORPORATE PROFILE 010_0361932262708.indd 2 2015/07/16 20:33:40 Corporate History Success of Daibiru indicates a new age of building construction. In 1925, two years after its foundation, Daibiru constructed “Daibiru Building,” one of the major office buildings in western Japan in expectation of future concentration of businesses in cities. In 1927, construction of “Hibiya Daibiru Building” in Hibiya, Tokyo, was completed. The eight-story “Hibiya Daibiru Building” adopted the “core system” used for skyscrapers in New York. Numerous architects were impressed by Hibiya Daibiru Building’s elegant exterior, which was the crystallization of Daibiru’s passion for urban development. With the core system, common areas of a building, such as elevators, corridors, and hot and cold water supply facilities, are located at the center of the building. Its logicality and cost efficiency contributed to the progress in building concepts and was highly regarded by the Architectural Institute of Japan. The history of the Japanese office buildings is synonymous with the history of Daibiru, an enterprise that responds to the needs of the era. Picture 1 Picture 2 Picture 3 The former Daibiru-Honkan Building The former Hibiya Daibiru Building The former Shin-Daibiru Building (right: Building No. 1 / left: Building No. 2) Picture 4 Picture 5 Picture 6 Picture 7 Picture 8 Picture 9 Yaesu Daibiru Building Dojima Daibiru Building Hibiya Daibiru Building Umeda Daibiru Building Akihabara Daibiru Building Nakanoshima Daibiru Building 1 DAIBIRU CORPORATION CORPORATE PROFILE 010_0361932262708.indd 1 2015/07/16 20:33:44 Corporate History Table of Contents Corporate History 1 CSR Activities 17 A Message from the President 3 Environmental Activities 19 Operating Results 5 Corporate Governance 20 Medium-term Management Plan 6 Board of Directors, Audit & Supervisory Business Information 7 Board Members and Executive Officers 21 List of Properties 9 Corporate Data 22 1923 October Osaka Building Co., Ltd. (capital: 3 million yen) established through joint capital investment of three companies: O.S.K. Line, Ujigawa Electric Power Co., Ltd. and Nippon Electric Power Co., Ltd. Pioneering 1925 September Construction of Daibiru-Honkan Building in Nakanoshima, Kita-ku, Osaka, completed. Picture 1 Stage 1927 July Construction of Hibiya Daibiru Building No. 1 in Uchisaiwaicho, Chiyoda-ku, Tokyo, completed. 1931 April Construction of Hibiya Daibiru Building No. 2 next to Hibiya Daibiru Building No. 1 completed. Picture 2 1945 October Company name changed to Osaka Tatemono Co., Ltd. During 1946 June Hibiya Daibiru Building No. 1 and No. 2 seized (For 12 years and five months until December 1958 under the the War occupation of the U.S. forces stationed in Japan). 1958 April Construction of the South Wing of Shin-Daibiru Building in Dojimahama, Kita-ku, Osaka, completed. 1963 October Construction of the North Wing of Shin-Daibiru Building completed. Picture 3 Reinforcement 1968 June Construction of Yaesu Daibiru Building in Kyobashi, Chuo-ku, Tokyo, completed. Picture 4 Period 1983 December Listed on the first section of Tokyo Stock Exchange. 1984 September Construction of Dojima Daibiru Building (ANA Crowne Plaza Osaka) in Dojimahama, Kita-ku, Osaka, completed. Picture 5 1989 October The first phase of the Hibiya Daibiru Building reconstruction project is completed and construction of a new building completed. Picture 6 1992 January Company name changed to Daibiru Corporation. 2000 May Construction of Umeda Daibiru Building in Umeda, Kita-ku, Osaka, completed. Picture 7 2004 October The Company became a consolidated subsidiary of Mitsui O.S.K. Lines, Ltd. 2005 March Construction of Akihabara Daibiru Building in Sotokanda, Chiyoda-ku, Tokyo completed. (Redevelopment project in front of Akihabara Station) Picture 8 The Company acquired Shosen Mitsui Building (Toranomon Daibiru Building) in Toranomon, Minato-ku, Tokyo. July Expansion 2007 The Company made “MOL Kosan Co., Ltd." a consolidated subsidiary. Period 2009 March Construction of Nakanoshima Daibiru Building in Nakanoshima, Kita-ku, Osaka, completed. (3-chome Nakanoshima joint development) Picture 9 July Construction of Tosabori Daibiru Building in Tosabori, Nishi-ku, Osaka, completed. Picture 10 2010 April The Company acquired (trust beneficial rights of) Aoyama Rise Square in Minamiaoyama, Minato-ku, Tokyo. 2012 January The Company made “Saigon Tower Co., Ltd.,” which owns “Saigon Tower” in Ho Chi Minh City, Vietnam, a consolidated subsidiary. (Overseas expansion for the first time) Picture 11 2013 February The Daibiru-Honkan Building reconstruction project in Nakanoshima, Kita-ku, Osaka, completed and construction of new building completed. (The Company commemorated its 90th anniversary at the site of its establishment.) Picture 12 2014 December The Company made “VIBANK-NGT Co., Ltd.,” which owns the “CornerStone Building” in Hanoi, Vietnam, a consolidated subsidiary. Picture 13 2015 March The Shin-Daibiru Building reconstruction project in Dojimahama, Kita-ku, Osaka, completed and construction of a new building completed. Picture 14 Picture 10 Picture 11 Picture 12 Picture 13 Picture 14 Tosabori Daibiru Building Saigon Tower Daibiru-Honkan Building CornerStone Building Shin-Daibiru Building 2 010_0361932262708.indd 2 2015/07/16 20:33:47 A Message from the President Corporate Principles Constructing buildings, creating towns — pioneering the new era We create comfortable, life-enhancing office and commercial spaces which bring bustling activity to local streets and towns. We try to be a pioneer, establishing a new era while always staying keenly attuned to the context of the times, allowing people to foster and pursue dreams in these new environment. Mission Statement 1 Provide office spaces and environments that can win the trust and attachment of customers. Winning the trust and attachment of our customers is the heart of our office-building leasing and property management businesses. 2 Increase enterprise value together with our tenants. Our customers' business success means the improvement of our corporate value. Listening carefully to our customers and responding accurately to their ever-changing needs, we will assume our social responsibility. 3 Create beautiful cityscapes and stylish spaces. To create elegant and graceful urban landscapes, we must build an appropriate customer base. Group Message We will make collective efforts as a group to focus on creating comfortable, safe and reassuring spaces and environments. 3 DAIBIRU CORPORATION CORPORATE PROFILE 010_0361932262708.indd 3 2015/07/16 20:33:48 A Message from the President The origins of present-day Daibiru Group trace back to October 1923, one month after the Great Kanto Earthquake. In the aftermath of the disaster, while construction methods for buildings were revised in Japan, we aimed to establish a new business based on the “leasing of office buildings.” Since our founding, Daibiru has continued to supply society with office buildings geared to the needs of the era, while standing the test of time. We have stood firm to our stance as a company with a high level of integrity and transparency as we steadily accumulated a proven track record. It is the goal of the Daibiru Group to raise the valuation of the Group as a whole by maintaining a stable financial composition, fulfilling our social responsibility and winning long-term trust. We will pursue sustainable growth by maintaining long-term stable management and a sound financial composition, as we work to create a society and environment from a long-term perspective. The Daibiru Group strives to earn trust through the responsible operation and management of high quality office environments. We will provide our tenants with more comfortable Representative Director spaces that offer greater security and safety. It is not simply a President matter of pursuing profit, but is rather a question of what we can Chief Executive Officer bequeath to the future: things demanded by the times, and things Takehiko Yamamoto that retain their value even when times change. We will provide places where people can live vibrant lifestyles, and where they can work and relax. Thus, we will contribute to the creation of attractive cities that inspire people. In addition, we are working on development that takes into account reduction of the environmental burden so as to contribute to environmentally friendly urban planning where cities and the nature are in harmony and people can coexist with the natural environment. We will pass this precious DNA onto the next generation. In all our endeavors devoted to creation of buildings for the new era, we will greatly appreciate your continued support. 4 010_0361932262708.indd 4 2015/07/16 20:33:49 Operating Results Management Policy The Daibiru Group, with office-leasing as its major business, under the management policy of “Constructing buildings, creating towns — pioneering the new era,” offers customer-oriented high quality office spaces and is aiming to increase profitability and increase our corporate value, as well as to contribute to the development of economic society. Furthermore, we are aiming to further increase business performance with due considerations to ensure the safety of financial assets, through an improvement of asset efficiency, and an expansion of cash flows based on medium and long-term perspectives. Overview of Fiscal 2014 In fiscal 2014, the Japanese economy was on a moderate recovery business district (CBD), and enhancement of competitiveness of trend,