DOCSLIB.ORG

Notice Concerning Acquisition of a New Asset (Tatsumi Logistics Center)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Notice Concerning Acquisition of a New Asset (Tatsumi Logistics Center) August 27, 2012 For Immediate Release Real Estate Investment Trust Japan Logistics Fund, Inc. Kenichiro Matsuoka, Executive Director (Security Code: 8967) Asset Management Company Mitsui & Co., Logistics Partners Ltd. Takayuki Kawashima, President, CEO Kenichiro Matsuoka, Director, CFO TEL +81-3-3238-7171 Notice Concerning Acquisition of a New Asset (Tatsumi Logistics Center) Japan Logistics Fund, Inc. (hereinafter referred to as the “Fund”) announced today that the Fund has decided to acquire a new asset, as detailed below: 1. Outline of the acquisition (1) Asset to be acquired: The trust beneficiary right of a domestic real estate (Note) (2) Name of the asset: Tatsumi Logistics Center (3) Acquisition price: 9,000 million yen (excluding expenses associated with the acquisition, fixed property tax, urban planning tax, and consumption tax) (4) Date of contract: September 3, 2012 (Expected) (5) Date of closing: September 3, 2012 (Expected) (6) Seller: Tatsumi 3-chome Development Special Purpose Company (7) Fund source: Bank loans and cash in hand (8) Payment method: Lump-sum payment on the day of closing (Note) This property has not yet placed in trust beneficiary right as of today. The seller will entrust the property before the Fund’s acquisition. 2. Outline of the property to be acquired (Note1) Outline of the asset Outline of the appraisal Trust beneficiary right of real Tanizawa Sogo Appraisal Co., Asset type Real estate appraiser estate (Note) Ltd. Date of the acquisition September 3, 2012 Date of the appraisal July 1, 2012 (Expected) Acquisition price 9,000 million yen Appraisal value 9,510 million yen Mitsubishi UFJ Trust and Trustee (Expected) Banking Corporation Income approach 9,510 million yen End of the trust (Expected) August 31, 2022 Location 8-5, Tatsumi 3-chome, Koto- Discounted cash flow (Address) ku, Tokyo 9,510 million yen approach Site area (Note 2) 9,939.01 m² Zoning Semi-industrial area Discount rate 4.9% Floor-area ratio 300% Terminal cap rate 5.3% Land 70% (Regulated building- to-land ratio 60% + Building-to-land Incremental building-to- Direct capitalization ratio 9,520 million yen floor ratio for corner approach location 10%) Type of ownership Ownership Reinforced concrete, steel- Structure/Story framed structure w/ steel roof, Cap rate 5.0% (Note 2) 5-story building Date of the Completion February 20, 2012 (Note 2) Building Total floor area Cost approach 9,250 million yen 29,394.56 m² (Note 2) Total rentable area 29,394.56 m² Usage (Note 2 ) Warehouse Land 5,580 million yen Type of Ownership (Percentage) (60.3%) Ownership Property management company Mitsui Fudosan Building Building 3,670 million yen (Expected) Management Co., Ltd. (Percentage) (39.7%) Outline of the lease contract Outline of the engineering report Investigator Shimizu Corporation Number of tenants 1 Issuing Date of Engineering- Annual rent (excluding August 27, 2012 Not disclosed (Note3) report consumption tax) Lease deposit Not disclosed (Note3) Urgent repairs - Short-term repairs - Total rent area (Note4) 29,394.56 m² Long-term repairs 36,215 thousand yen Occupancy 100.0% PML 14.6% Design company, construction company and building Expected income/expense (Note 5) certification company Income (including auxiliary Not disclosed (Note3) Design company Kajima Corporation income) NOI（Net Operating Income） 501 million yen Construction Company Kajima Corporation NOI yield (based on acquisition 5.6% Building certification company Bureau Veritas Japan Co., Ltd. price) Special Remarks: 1. The construction wastes used for reclamation of land remain under the ground of this site. The Fund decided the acquisition price taking into account the estimated cost (14 million yen) of extracting and removing a part of these wastes at the time of future reconstruction. 2. The Fund believes neither Soil Contamination Countermeasures Act nor the Ordinance on the Environment for the Preservation of the Health and Safety of Tokyo Residents (effective since December 22, 2000) will apply to this site. After investigation, however, the Fund found that a part of this site contains certain amount of hazardous materials exceeding standard level. The Fund confirmed Shimizu Corporation, the investigator, that the hazardous materials give quite limited impact on environment and that there is no problem in using this site as it is. Of course the Fund realizes that the hazardous materials must be removed in accordance with related regulations in future reconstruction opportunity. Still, the Fund believes the amount of the hazardous materials is relatively small that enables the Fund to remove the materials without special treatment and cost. Notes: 1. This property has not yet placed in trust beneficiary right as of today. The seller will entrust the property before the Fund’s acquisition. 2. According to the indication of the real estate registry. 3. Not disclosed, for unable to obtain the tenants’ consent. 4. In general, there are minor differences between the definition of “rentable area” determined by the Fund and the definition of “rent area” determined by lease contracts. It is possible that some of the rent area is not included in rentable area. The total rent area represents the sum of the rentable area included in rent area. 5. The figures are not the forecasts for the fiscal period ending January 31, 2013 or the fiscal period ending July 31, 2013, but the normalized estimation based on annual income/expense projection. 3. Rationale for the acquisition In order to improve the quality of the Fund’s portfolio, it has authorized to acquire this asset in accordance with its investment targets and policies stipulated in its Articles of Incorporation. (1) Geographical characteristics Tatsumi locates in Koto-Ku in Tokyo 23 wards, the largest center of consumption in Japan. Koto-ku and its surrounding bay area is the prime region as the logistics center with the excellent access to the logistics gateways such as the Port of Tokyo (Oi Terminal) and the Tokyo International Airport (Haneda). The area gains popularity as storage/delivery centers of consumer products, including imported goods, to the Tokyo Metropolitan Area. The property is about 2 km from the Ariake Junction of the Tokyo Metropolitan Expressway Bay Shore Rout that gives Tatsumi area easy access to major arterial roads. This geographical uniqueness of Tatsumi area provides wide range of coverage of the Tokyo Metropolitan Area. Furthermore, the asset’s site setting qualifies as the first class logistics center because it is in a semi-industrial area which enables the tenants to operate 24 hours, and because it is in high commutable convenience area which enables them to recruit labor relatively easy. (2) Facility characteristics The facility is a large-scale and versatile logistic center with effective column interval of 10.0 m, effective ceiling height of 5.5 m, and standard floor load capacity of 1.5 t/ m², an idealistic spec. The facility was designed for multiple tenant use, and has enough office space and truck berths. In addition, the facility has 6 elevators and 2 lifts so that the tenants are able to operate effectively. The tenants can use the facility either as a warehouse (stock-use) or as a logistics center (flow-use). (3) Tenants The Fund concluded the fixed-term leasing contract (10 years) with Nakano Shokai Co., Ltd., a third-party- logistics company operating mainly in east Japan. The company uses the facility as a delivery center of high- end apparel etc. 4. Outline of the tenant (Lease contract) (Note1) Annual rent Type of Name of tenant Total rent area Ratio (excluding Lease period Lease deposit business consumption tax) Nakano Shokai Logistics Not disclosed From March 1, 2012 Not disclosed 29,394.56 m² 100.0% Co., Ltd. Company (Note) To February 28, 2022 (Note) Contract renewal/revision： Type of contract： Fixed-term lease contract (10 years) Rent revision： Unable to change. Contract renewal: No contract will be renewed, unless otherwise agreed between the tenant and the Fund to initiate a new contract. Lease cancellation: Unable to cancel. Major items Electric equipment, Apparel (Note) Not disclosed, for unable to obtain the tenants’ consent. 5. Outline of the seller Name of the company Tatsumi 3-chome Development Special Purpose Company Tokyo Kyodo accounting Office, 1-1, Marunouchi 3-chome, Chiyoda-ku, Address Tokyo Date of establishment December 16, 2009 President Masato Kaida Capital 100 thousand yen Shareholders Mitsui & Co., Ltd. and Mitsubishi Estate Co., Ltd. Principal business lines Asset acquisition, management, and disposal as an SPC The seller qualifies as the interested party defined by the Act on Investment Relation to the Fund Trust and Investment Corporations (hereafter referred to as “the Investment and the asset Trust Act”) as well as defined by the asset management company’s anti- management company conflict of interest rule. 6. Current conditions of the property Current owner Name of the company Tatsumi 3-chome Development Special Purpose Company Special interest w/ the Fund / AM See above 5. Outline of the seller Reason of acquisition Development Acquisition price - Acquisition date - 7. Transaction with the interested party The seller qualifies as the interested party defined by the asset management company’s anti-conflict of interest rule. This acquisition was approved by the board of directors and compliance committee of the asset management company by strictly following the rule. Also, the asset management company will notify to the Fund by the document regarding this transaction with the interested party in accordance with the Investment Trust Act. 8. Brokers No brokers in this transaction 9. Future Prospects The Fund will notify the impacts on its 15th and 16th fiscal period forecasts associated with this acquisition in the 14th period financial statements expected to be announce on September 7, 2012. This notice is the English translation of the Japanese press release announced on August 27, 2012 on our website.
Load more

Recommended publications
  • Yokohama Reinventing the Future of a City Competitive Cities Knowledge Base Tokyo Development Learning Center
    COMPETITIVE CITIES FOR JOBS AND GROWTH CASE STUDY Public Disclosure Authorized YOKOHAMA REINVENTING THE FUTURE OF A CITY COMPETITIVE CITIES KNOWLEDGE BASE TOKYO DEVELOPMENT LEARNING CENTER October 2017 Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized © 2017 The World Bank Group 1818 H Street NW Washington, DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org All rights reserved. This volume is a product of the staff of the World Bank Group. The World Bank Group refers to the member institutions of the World Bank Group: The World Bank (International Bank for Reconstruction and Development); International Finance Corporation (IFC); and Multilater- al Investment Guarantee Agency (MIGA), which are separate and distinct legal entities each organized under its respective Articles of Agreement. We encourage use for educational and non-commercial purposes. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Directors or Executive Directors of the respective institutions of the World Bank Group or the governments they represent. The World Bank Group does not guaran- tee the accuracy of the data included in this work. Rights and Permissions This work is a product of the staff of the World bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the World Bank, its Board of Executive Directors, or the governments they represent. Nothing herein shall constitute or be considered to be a limitation upon or waive of the privileges and immunities of the World Bank, all of which are specifically reserved. Contact: World Bank Group Social, Urban, Rural and Resilience Global Practice Tokyo Development Learning Center (TDLC) Program Fukoku Seimei Bldg.
    [Show full text]
  • Print (1.08MB)
    December 3, 2018 For immediate release Mitsui Fudosan Co., Ltd. Mitsui Fudosan’s Outlet Park Reconstruction Business MITSUI OUTLET PARK YOKOHAMA BAYSIDE Reconstruction Plan (tentative name) Started Construction on December 3 Opening Planned for Spring 2020 Tokyo, Japan, December 3, 2018 - Mitsui Fudosan Co., Ltd., a leading global real estate company headquartered in Tokyo, announced today that it has started new construction work on the MITSUI OUTLET PARK YOKOHAMA BAYSIDE Reconstruction Plan (tentative name), located at 5-2 Shiraho, Kanazawa-ku, Yokohama, Kanagawa. The facility is planned to reopen in spring 2020. This plan is located on a site with outstanding access by car or public transport, being approx. 1.5 km from Sugita IC on the Metropolitan Expressway Bayshore Route, approx. 1.5 km from the Namiki IC on Yokohama-Yokosuka Road and 5 minutes on foot from Torihama Station on the Yokohama Seaside Line. Since commencing operation in September 1998, MITSUI OUTLET PARK YOKOHAMA BAYSIDE ("Yokohama Bayside Marina Shops & Restaurants" at the time of opening), has been cherished by many visitors. The facility is temporarily closed for renovations to create facilities and functions that meet the needs of customers and the times. Exterior Image (southeast side) 1 / 5 Main Features of the Facility 1. Retail Functions Under this plan, the previous approx. 80 stores is planned to be expanded to approx. 150 stores. MITSUI OUTLET PARK YOKOHAMA BAYSIDE will strive to be a facility where a broad range of visitors of all ages—from youths and families to seniors—can enjoy a richer lineup of brands such as fashion brands from inside and outside of Japan, select refined shops, children’s goods, sports & outdoor goods, and daily use miscellany.
    [Show full text]
  • Tozaisen Ichikawa Myoden-Ekimae
    TOZAISEN ICHIKAWA MYODEN-EKIMAE SUPER HOTEL TOZAISEN ICHIKAWA MYODEN-EKIMAE URL : http://www.superhotel.co.jp mobile : http://www.sh-mb.com/ Free healthy breakfast August 2014 renewal opening! Within Tokyo, perfect for access to Disney Resort, Makuhari Messe, and other local attractions. Recommended for both business and tourism! Guest Rooms Single room (up to 2 guests) 12m2 Super room (up to 3 guests) 12m2 Triple room (up to 4 guests) 18m2 (May not appear exactly as shown) (May not appear exactly as shown) (May not appear exactly as shown) Wide bed (150 cm wide) Wide bed (150 cm wide) + loft bed Wide bed (150 cm wide) + loft bed + sofa bed Healthy Breakfast Free Standard Amenities and Facilities in Every Guest Room [Room Facilities] [Amenities] ● 26-inch widescreen LCD TV ● Movies on demand (VOD, 150 titles) ● Toothbrush ● Bath towel ● Complimentary high-speed Internet (LAN) ● Face towel ● Refrigerator ● Air purifier with humidifier ● Two-in-one shampoo ● Unit bathroom ● Bidet ● Hair dryer ● Body soap (May not appear exactly as shown) ● Electric kettle ● Mobile charger ● Pajamas (available on the 6th floor) Super Hotel salads are safe and healthy. [Loanable Items, Other Items] [Hotel Facilities] Made with only organic ● Choice of 7 types of pillows ● Blankets ● Thermometer ● Coin-operated laundry *Free detergent JAS vegetables. ● Light stand ● Trouser press ● Iron ● Sewing set (Clothes washer: 100 yen per use, ● Can opener ● Wine-bottle opener ● Nail clippers Clothes dryer: 100 yen per 30 minutes) We provide a nutritionally balanced and healthy ● Mobile charger ● Copy service (fees apply) ● Vending machines (soft drinks, alcoholic beverages) breakfast for all guests.
    [Show full text]
  • History of City Planning in the City of Yokohama
    History of City Planning in the City of Yokohama City Planning Division, Planning Department, Housing & Architecture Bureau, City of Yokohama 1. Overview of the City of Yokohama (1) Location/geographical features Yokohama is located in eastern Kanagawa Prefecture at 139° 27’ 53” to 139° 43’ 31” East longitude and 35° 18’ 45” to 35° 35’ 34” North latitude. It faces Tokyo Bay to the east and the cities of Yamato, Fujisawa, and Machida (Tokyo) to the west. The city of Kawasaki lies to the north, and the cities of Kamakura, Zushi, and Yokosuka are to the south. Yokohama encompasses the largest area of all municipalities in the prefecture and is the prefectural capital. There are also rolling hills running north-south in the city’s center. In the north is the southernmost end of Tama Hills, and in the south is the northernmost end of Miura Hills that extends to the Miura Peninsula. A flat tableland stretches east-west in the hills, while narrow terraces are partially formed along the rivers running through the tableland and hills. Furthermore, valley plains are found in the river areas and coastal lowland on the coastal areas. Reclaimed land has been constructed along the coast so that the shoreline is almost entirely modified into manmade topography. (2) Municipal area/population trends The municipality was formed in 1889 and established the City of Yokohama. Thereafter, the municipal area was expanded, a ward system enforced, and new wards created, resulting in the current 18 wards (administrative divisions) and an area of 435.43km2. Although the population considerably declined after WWII, it increased by nearly 100,000 each year during the period of high economic growth.
    [Show full text]
  • Delivering Prime Logistics Investment to the Japanese REIT Market
    3rd Fiscal Period Semi-Annual Report March 1, 2017 to August 31, 2017 LaSalle LOGIPORT REIT 2-1-1 Otemachi, Chiyoda-ku, Tokyo, Japan Delivering Prime Logistics Investment to the Japanese REIT Market Table of Contents Executive Director’s Message 2 About LaSalle Inc. 26 Property and Corporate Level Income Statement, LaSalle Group’s Professional Support DPU Summary, and Yield Summary 4 Contributes to Greater Unitholder Value 28 Future Growth Strategies Operation and Governance Emphasizing Unitholders’ Interests and Transparency 30 External Growth Strategy 6 Decision Making Flowchart for Related Internal Growth Strategy 8 Party Transactions 31 Financial Strategy 10 Risk Factors 32 The LaSalle Group’s Commitment to Financial Section Sustainability 12 Balance Sheets 36 Recognizing the Importance of Sustainability 14 Statements of Income 37 Findings So Far 16 Statements of Changes in Net Assets 38 Portfolio Statements of Cash Flows 39 Portfolio Summary 18 Notes to Financial Statements 40 Details of Portfolio 20 Independent Auditor’s Report 52 Investor Information 53 Financial Highlights for 3rd Fiscal Period (March 1, 2017 - August 31, 2017) Total Assets Under Management Portfolio Size Occupancy Rate (“AUM”) 9 properties 173.4 bn yen 98.6% Tokyo Area Concentration Total Debt Loan to Value (“LTV”) Ratio 100.0% 71.03 bn yen 38.6% Operating Revenues Operating Income Net Income 5,234 mn yen 2,739 mn yen 2,429 mn yen Distribution Per Unit (“DPU”) Earnings Per Unit (“EPU”) DPU in Excess of Earnings 2,379 yen 2,209 yen 170 yen Note: All of the figures above are as of August 31, 2017, the end of the 3rd fiscal period.
    [Show full text]
  • Corporate Brochure
    Each of the Port of Yokohama’s three piers, Daikoku Pier, Honmoku Pier and Minami Honmoku Pier, is linked to a state-of-the-art container pier. Thanks to convenient access to Japan’s expressway network, via National Outstanding Highway No. 357 and the Bayshore Route of the Shuto Expressway, tenants enjoy easy access to the Tokyo area and every region of Japan. The location is ideal. Transportation is getting more convenient all the time, Location with direct connections to new expressways such as Route No. 3 of the Keihin Expressway, which links to the Tomei Expressway. Y-CC is widely expected to play an ever-growing role as an import/export logistics hub. Yokohama Ring Expwy. North Route Namamugi JCT 15 Namamugi 1 Koyasu No. 5 Daikoku Route, Ogishima Shuto Expwy. Higashi-kanagawa No. 1 Yokoha Route, Daikoku Bridge Shuto Expwy. Mitsuzawa Mizuho Pier Bayshore Route, Yokohama Station West Exit Shuto Expwy. Yokohama Kinko JCT Tsurumi Tsubasa Bridge Station Keihin Port Yokohama Station East Exit Daikoku JCT Entrance/exit to Port of Yokohama Minato Mirai Station Daikoku Pier Minato Mirai 1 Shinko Pier Daikoku Pier Sakuragicho Station 133 Yamashita Pier National Highway 357 Yokohama Park Yokohama Bay Bridge Shin-yamashita 357 Ishikawa-cho JCT Ishikawa-cho Honmoku Bandobashi Honmoku JCT Pier Hananoki Honmoku Pier No. 3 Kariba Route, Shuto Expwy. Shuto Shuto Expwy. 357 Route, Bayshore Tokyo Bay 16 Yokohama Sankeien Garden Minami-honmoku Pier Corporate Brochure Official name Yokohama Port International Cargo Center Co., Ltd. （株式会社横浜港国際流通センター） Address 22 Daikoku-futo, Tsurumi-ku, Yokohama-shi, Kanagawa 230-0054 Date established December 18, 1992 Start of operations August 1, 1996 Capital ¥7,685 million Major shareholders City of Yokohama, Kanagawa Prefecture, Development Bank of Japan, Yokohama Port Corporation, Tenancy and leasing inquiries, etc.
    [Show full text]
  • Tokyo International Exchange Center Access Map
    Tokyo International Exchange Center access map To Shimbashi To Rainbow Bridge To Toyosu ↑ Daiba Exit Sea Bus （Odaiba Seaside Park） SEAREA ODAIBA SANBANGAI ●Odaiba Marine Park ●Marine House ● ● ● ● ●Hotel Nikko Tokyo Aqua City DECKS SEAREA ODAIBA Odaiba Tokyo Beach GOBANGAI ● ● Ariake Daiba Sta. Ariake Odaiba-kaihinkoen Sta. Ariake Colosseum Tennis-no-mori Shiokaze Park Ariake JCT Sports Center Ariake tennis ● ● ● Park （North Area） ●Fuji Television no mori Sta. GRAND PACIFIC TradePia Daiba Frontier ● 357 To LE DAIBA Odaiba Bldg. Tokyo Wangan doro Osaki Rinkaifukutoshin Exit Shuto Metropolitan Expressway Bayshore Route Ariake Exit To Chiba Tokyo Teleport Sta. Kokusai-tenjijo Sta. da ・i Hane To O West Promenade Rinkai Line ●Tokyo Water To Shin-kiba Science Museum Ariake Sta. ● Shiokaze Park East Promenade （South Area） FUNE-NO Center Promenade KAGAKUKAN Tokyo Yumenoohashi ●Tokyo Bay Ariake STA. ●Tokyo Fashion Town Sea Bus Funenokagakukan Palette Town Bridge Washington Hotel （Museum Museum (Venus Fort, ● -eki-mae Academic ● of of Maritime Sun Walk) Ferris Wheel Ariake Frontier Maritime Science Park Building Transportation ） ● Science Higashi Yashio Aomi 1 chome Aomi Sta. Greenway YURIKAMOME Kokusai tenjijo ＜By Train＞ Shinboru-puromunado seimon Sta. ・3 min. walk from "Fune-no Kagakukan" Tokyo -koen-mae Sea Bus International （Palette Town） (East exit) on Yurikamome Tokyo Big Sight ・15 min. walk from "Tokyo Teleport" National Museum of （Tokyo Inter national Exchange ● Sea Bus Emerging Science Exhibition Center） (B exit) on Rinkai Line （Tokyo Big Sight） Center and Innovation ＜By Car＞ Nihon-kagaku-miraikan-mae ● ● AIST Tokyo 5 min. from these exits: Tokyo Waterfront ・"Rinkaifukutoshin", eastbound Tokyo-kowan-godo Wangan on Bayshore route, -chosha-mae Police Station ● ● ● Time 24 Metropolitan Expressway Aomi Frontier Building Tokyo ・"Ariake", westbound on Bayshore Kowan Godo Chosha ● Telecom center Sta.
    [Show full text]
  • Access Map to Panasonic Corporation Panasonic Laboratory Tokyo
    Access Map to ＜Street Address＞ Panasonic Corporation 〒135-8072 5th Floor, TFT Building West Wing, 3-4-10 Ariake, Koto Ward, Tokyo Panasonic Laboratory Tokyo Ariake-Tennis-no -Mori Station Route 10 Route 11 (Daiba Route), Shuto Expressway (Harumi Route), Shuto Expressway Shinonome Station Ariake IC Rinkai Line Ariake Colosseum Bayshore Route, Yurikamome Daiba IC Shuto Expressway Panasonic Center Tokyo Kokusai-Tenjijo Station Hotel Sun Route Ariake Ariake Station TOC Ariake Ariake Frontier Building Ariake Center Tokyo Bay Ariake Washington Hotel Building Ariake Park Building Tokyo Big Sight-mae Ariake Central Tower Ｎ Odaiba-Kaihinkoen Station Tokyo Big Sight Tokyo Water Tokyo Big Sight-seimon Science Museum Kokusai-Tenjijo-Seimon Station Rinkai-Fukutoshin IC TFT Building East Wing (Tokyo Fashion Town Building) 5th Floor, TFT Building West Wing Daiba Station Tokyo Teleport Station (Tokyo Fashion Town Building) Divercity ＜Transportation＞ ←Osaki Tokyo Ōme Station 1. Access by train •Direct connection from Kokusai-Tenjijo-Seimon Station, 8 minutes from Toyosu Station, 22 minutes from Shimbashi Station on the Station Venus Yurikamome Line. Fort •5 minute walk after getting off at Kokusai-Tenjijo Station, 5 minutes from Shin-Kiba Station, 8 minutes from Osaki Station on the Rinkai Line. (4 minutes to Shimbashi Station, 14 minutes to Osaki Station by JR from Tokyo Station; 4 to 7 minutes to Shimbashi Station, 2 minutes to Osaki Station by JR from Shinagawa Station.) 2. Access by bus Yurikamome •By Limousine Bus, a 2 minute walk after getting off at Tokyo Big Sight, 30 minutes from Haneda Airport. •By Toei Bus (Higashi 16), a 4 minute walk after getting off at Ferry-Futo-Iriguchi, 36 minutes from the Yaesu Exit of Tokyo Station.
    [Show full text]
  • Environmental Activities of the Metropolitan Expressway
    CONTENTS 1. Toward a Low-carbon Society ....................................................... p.1-3 2. Toward a Society in Harmonious Co-existence with Nature ........ p.4-7 3. Improving the Roadside Environment ........................................... p.8-9 4. Toward a Recycling Society ......................................................... p.10 5. Environmental Management ......................................................... p.11-12 Connecting with Intercity Expressways and Enhancing Roadside Environments (Mid-1970s to late 1980s) Traffic volumes surged as the Metropolitan Serious Measures Expressway joined up with intercity Against Pollution expressways such as the Chuo Expressway, (Mid-1960s to mid-1970s) Tohoku Expressway and Joban Expressway. In tandem, problems began emerging in the The Metropolitan Expressway Began As road-traffic congestion continued to roadside environment (the environment with the Tokyo Olympics intensify, work proceeded on construction near expressways). of the Metropolitan Expressway. Noise barriers, environmental-facility belts (Mid-1950s to mid-1960s) The Kanagawa section opened to traffic in and other roadside environmental measures 1968. By 1973 the length of the Metropolitan began to be put into place. The rapid motorization of Japan from the Expressway exceeded 100 km. Meanwhile, late 1950s onward brought enormous awareness of pollution issues was rising congestion to the streets of central Tokyo. among the Japanese people, as evidenced This concern, together with the selection by the passage of the Environmental of Tokyo as the venue for the 1964 Olympics, Pollution Prevention Act and discussion of spurred the construction of the Metropolitan pollution in the Diet. Expressway at a breakneck pace. In December 1962, the first expressway, covering 45 km between Kyobashi and Shibaura, opened to traffic. This was followed by another 33 km section by the start of the 1964 Tokyo Olympics, enabling large numbers of spectators and athletes to use it to travel from Haneda Airport to the National Stadium and Olympic Village.
    [Show full text]
  • Aomi Exhibition Halls Floor Guide AOMI
    Tokyo Big Sight Aomi Exhibition Halls Floor guide AOMI to Shibaura-futo Sta. （U-05） to Daiba Sta. 6 （U-07） minutes Yurikamome Line Odaiba-Kaihinkoen Sta. （U-06） Route 357 Teleport Bridge Shuto Express Way Bayshore Route Rinkai Line Route 357 Tokyo Teleport Sta. to Kokusai- tenjijo Sta. （Ｒ-04） （R-03） Exit Ｂ to Tennozu Isle Sta.（R-05） Exit Ａ Tokyo 2 Entrance minutes Hall A Hall B Wangan Under Entrance Center Promenade 4 minutes Legend Station Bus Yurikamome Rinkai Line Line Venusfort Mega Web Tourist Information Information Yurikamome Line Aomi Sta.（U-10） Business Center Restroom Accessible Ostomate Facility to Telecom Center Sta. to Tokyo Big Sight Sta. （R-09） （Ｕ-11） Baby Chair Nursing Room Tokyo Big Site AOMI Exhibition Hall Facility Outline ●Structural Scale Steel Frame 1F Tokyo Big Sight Inc. Site Area ／ 37,306 ㎡ Building Area ／ 24,983 ㎡ 3-11-1 Ariake, Koto-ku, Tokyo 135-0063 Total floor Area ／ 25,032 ㎡ tel.+81‒ 3 - 5530‒ 1111 Display Area ／ 23,256 ㎡ http://www.bigsight.jp/english More on the web http://www.bigsight.jp/english Access Tokyo Big Sight⇔Aomi Exhibition Halls ■Free Shuttle Bus ■Tr a i n・B u s When events are being held at Tokyo Big Sight (West / South Halls) or Conference Tower and the Aomi Exhibition Halls at the same time, a free shuttle Yurikamome Line bus running between Tokyo Big Sight and the Aomi Exhibition Halls is available (normally between 10 AM and 6 PM, approximately 8-minute intervals). Approx. Approx. ※Delays in the running interval / ride length may occur depending on the traffic 4 minutes Approx.
    [Show full text]
  • Of Large-Scale Field Operational Test for “Automated Driving System”
    Press Release October 3, 2017 Cabinet Office Counsellor for Common Service Platform, Bureau of Science, Technology and Innovation Start of Large-Scale Field Operational Test for “Automated Driving System” “Automated Driving System,” part of the Cross-ministerial Strategic Innovation Promotion Program (SIP), has launched the Large-Scale Field Operational Test to accelerate the practical application of technologies necessary to implement the system. Over 20 organizations including Japanese and overseas automakers are participating in the Large-Scale Field Operational Test, which begins today and will be conducted progressively on the Tomei Expressway, Shin-Tomei Expressway, Shuto Expressway and Joban Expressway and on surface streets in the Tokyo waterfront area (see attached materials). 1. Developments to date In the SIP “Automated Driving System,” research and development has been progressing since fiscal 2014 aiming at reduction of the number of traffic accidents and realization of the Next Generation Transportation System through real-world application of the Automated Driving System, with a focus on five key technology fields as cooperation areas among industries, academia and governments: Dynamic Map１, HMI２, Cyber Security, Pedestrian Traffic Accident Reduction, and Next Generation Transport. 1. High-precision three-dimensional digital map for automated driving. 2. Human-Machine Interface: Safe and smooth technology interfaces in case of switching between human and system operation. 2. Overview of Large-Scale Field Operational Test Technologies researched and developed in the five above-mentioned focus areas will be tested to accelerate the practical application of the Automated Driving System in real environments of public roads, with the participation of automakers and other stakeholders. 1 The results of research and development will be reviewed by numerous stakeholders and advance to future R&D, and the participation of overseas manufacturers will promote international collaboration and global standardization.
    [Show full text]
  • Construction Commenced for Ichikawa Shiohama Logistics Center
    Construction Commenced for Ichikawa Shiohama Logistics Center TOKYO, Japan - August 3, 2015 - ORIX Corporation ("ORIX"), a leading integrated financial services group, today announced that it has commenced construction of the Ichikawa Shiohama Logistics Center (tentative name), a logistics facility of which the development plan is in progress in Ichikawa City, Chiba Prefecture. This logistics facility is scheduled for completion in August 2016, and ORIX is currently seeking tenant companies. The Ichikawa Shiohama Logistics Center (the "Facility") is conveniently located approximately 1km from the Chidoricho Interchange on the Bayshore Route of Shuto Expressway and close to the major consumption areas. Also, the Facility is within walking distance (9 minutes) of Ichikawa-Shiohama Station on the JR Keiyo Line and easily accessible from residential areas nearby for securing workers. In FY2015, the Kouya Interchange on the Tokyo Gaikan Expressway which runs through inland Chiba Prefecture to Misato City, Saitama Prefecture, will complete, which is expected to further strengthen the traffic convenience. The Facility will be four-story building (four above-ground floors) which has the total floor size of 27,138.23 m2 on a site of 13,223.23 m2. Planned specifications include four freight elevators connecting to truck berths capable of accommodating total 46 large vehicles on both sides together (23 vehicles per side) on the first floor of the Facility. For BCP measures, the Facility will be equipped with emergency generators, therefore, freight elevators as well as lights remain in operation for a certain period of time in order not to interrupt logistics functions in case of emergency. Going forward, ORIX will continue to develop state-of-the-art logistics facilities in meeting the needs of evolving supply chain strategies and the rapid expansion of the e-commerce market.
    [Show full text]