JR Central Towers at Nagoya Station Takao Hashimoto Central Japan Railway Company February 3rd, 2005 Operating Areas of JR Central JR Central Osaka Nagoya Tokyo Shinkansen: 1 line (552.6 km), Conventional lines: 12 lines (1,425.2 km) The Tokaido Shinkansen The former Nagoya Station Building JR Central Towers Location Nagoya Station Site area Approx. 82,000 sqm Primary uses Station facilities, Department store, Hotel, Rental office space, and parking area Floors Office tower: 51 aboveground floors Hotel tower: 53 aboveground floors 4 underground floors Highest point Office tower: 245m Hotel tower: 226m Floor area Approx. 410,000 sqm Parking capacity Approx. 1,500 automobiles JR Central Towers Parking Area around JR Nagoya station The women’s wear department (JR Nagoya Takashimaya) The lounge (JR Nagoya Takashimaya) Commodities JR Nagoya Takashimaya Grand Opening Trend in Sales of the Major Department Stores in Nagoya (billion yen) 7000700 JRJR名古屋ﾀｶｼﾏﾔ Nagoya Takashimaya Maruei丸栄 6000600 Meitetsu名鉄百貨店 Mitsukoshi三越名古屋 Nagoya 5000500 Matsuzakaya松坂屋 4535 4561 4513 4564 4222 608 558 679 760 827 4000400 505 495 466 440 872 300 782 3000 764 741 715 1162 1125 1119 1080 2000200 1082 1000100 1628 1513 1502 1462 1499 0 0 1999 2000 01 02 03 JR Nagoya Takashimaya’s market share 13% 14% 16% 18% Business Scheme Central Japan Railway Company (Landowner) Land Lease JR Central Building Co., Ltd. (Construction, Ownership, Leasing of the Complex) Capital: \45 billion (Shareholding: JR Central 100%) Building Lease Building Lease JR Tokai Hotels Co., Ltd. JR Tokai Takashimaya Co., Ltd. (Hotel Operation) (Department Store Operation) Capital: \9 billion* (Shareholding: JR Central 100%) Capital: \10 billion (Shareholding: JR Central Approx. Nagoya Marriot Associa Hotel 60%, Takashimaya 30%, Local Companies Approx. 10%) (Franchise Contract with Marriott International, Inc.) JR Nagoya Takashimaya Note: *Figure represents only the amount invested for JR Central Towers. JR Central Towers - All businesses made a good start in their first year of operations. - Figures for FY2001 were significantly higher than initial forecasts. -- Combined operating revenues: ¥102 billion -- Combined ordinary income: ¥2.3 billion （\ billions） Initial FY2001 forecast Result Change JR Central Building Co., Ltd. Op. Revenues 20.0 20.7 0.7 Ord. Income △ 2.5 0.5 3.0 JR Tokai Takashimaya Op. Revenues 50.9 61.8 10.9 Co., Ltd. Ord. Income △ 2.3 0.7 3.0 JR Tokai Hotels Co., Ltd. Op. Revenues 14.8 19.5 4.7 Ord. Income △ 2.7 0.9 3.6 1. Figures for JR Tokai Takashimaya Co., Ltd. are for fiscal year ended February 2001. 2. Figures for JR Tokai Hotels Co., Ltd. include results from Hotel Associa Toyohashi and Hotel Associa Takayama Resort. Improvement in Conventional Lines Service JNR JR Central １９８３ ２００４ 34 52 57 5 40 27 52 6 01535374755 21 31 39 7 5 6 20 21 30 35 40 43 45 50 55 11944 8 0 5 10 15 20 25 30 35 39 45 49 52 55 9 9 5 6 20 21 35 36 50 51 925 10 5 6 20 21 35 36 50 51 42554 11 5 6 20 21 35 36 50 51 25 59 12 5 6 20 21 35 36 50 51 25 13 5 6 20 21 35 36 50 51 6254857 14 5 6 20 21 35 36 50 51 25 56 15 5 6 20 21 35 36 50 51 25 39 16 5 6 20 21 35 36 45 50 51 22955 17 5 6 15 20 21 35 36 45 50 51 015364252 18 5 6 15 20 21 35 36 45 50 51 27 44 55 19 5 6 15 20 21 35 36 45 50 51 25 49 20 5 6 15 20 21 35 36 45 50 51 33 21 5 6 15 20 21 35 36 50 51 20 22 5 6 20 21 35 36 50 56 4 23 10 21 41 46 0 17 Weekday Timetable for Tokaido Line Commuter Trains (eastbound) (Nagoya Station) Trend in the number of passengers using Nagoya Station 名古屋駅乗車人員推移 175,000175,000 170,000170,000 165,000165,000 人員 乗車人員 160,000160,000 155,000155,000 150,000150,000 19981998 19991999 20002000 20012001 20022002 20032003 年 JR Central Towers at Nagoya Station Takao Hashimoto Central Japan Railway Company February 3rd, 2005.