History

Opening of Echigo-ya clothing store by Takatoshi Mitsui

In the Edo period, Takatoshi Mitsui founded Echigoya, a kimono store, in Nihonbashi, Edo. It grew dramatically through its groundbreaking business model of cash sales at low prices with no bargaining. Echigoya later expanded the scope of its business and became Mitsui Gomei Kaisha.

Founder Takatoshi Mitsui (Mitsui Bunko archives)

Establishment of Mitsui Company and its real estate section

Mitsui Company, Japan's first holding company, was founded in 1909, and in 1914 its real estate section was established to manage land and buildings owned by the Mitsui family.

Completion of "Mitsui Main Building"(Tokyo)

In the wake of devastation wrought by the Great Kanto Earthquake of 1923, instructions were given to construct a building that could withstand an earthquake even twice as powerful, and the Company went to work on building a structure that would be world-class in its size, technologies and cultural aspects. The project took 964 days and a crew of 588,193 people, and it had a major impact on building construction in Japan. The building is a designated Important Cultural Property of Japan and is still in use today.

The building under construction

Establishment of Mitsui Fudosan, Co., Ltd

The real estate section, which managed the property holdings of Mitsui Company, was established as a separate company in 1941 and given the name Mitsui Fudosan Co., Ltd.

Company interior at the time of its establishment

• Listing of stock

• Liquidation and absorption of the "Mitsui Company" by Mitsui Fudosan

Start of Keiyo Rinkai district land reclamation project

In the late 1950s, ahead of Japan’s era of high economic growth, Mitsui Fudosan commenced a land reclamation project in Tokyo's bayside area. The project would greatly contribute to the formation of large-scale manufacturing complexes and industrial parks. Acting as its organizer, the project put the Company on the path to becoming a real estate developer.

Support for the opening of Tokyo Disneyland

In 1960, Mitsui Fudosan participated in the founding of Oriental Land Co., Ltd., the operating company for Tokyo Disneyland. The company negotiated with the Walt Disney Company and eventually opened the park in 1983, the first Disneyland outside the U.S.

• Primary contractor: Oriental Land Co., Ltd. © Disney

Start of development and sales of residential and vacation property

Completion of "Kasumigaseki Building," the first skyscraper in Japan (Tokyo)

Completed in 1968, the Kasumigaseki Building was Japan’s first skyscraper. In the early 1960s, before the building was finished, Tokyo was facing a decline in green space and open areas due to rapid urban development. As a solution to these urban issues, a new concept emerged: make the building scrape the sky to secure green areas and places for people to relax at ground level.

Roof-laying ceremony

• Start of development and sales of condominiums

• Start of construction and sales of detached houses
• Establishment of "Mitsui Real Estate Sales Co., Ltd." (now "Mitsui Fudosan Realty Co., Ltd.")

Completion of "Mita Tsunamachi Park Mansion" (Tokyo)

Mita Tsunamachi Park Mansion was Japan's first high-rise condominium and its third high-rise structures overall behind Tokyo Tower and the Kasumigaseki Building. It created a major stir at the time, as people were truly excited about “living in the air.” Selling the view was also a groundbreaking marketing concept. The property showed the future possibility of creating environments through high-rise residences.

• Establishment of "Mitsui Fudosan America, Inc."

• Establishment of "Mitsui Home Co., Ltd."

• Establishment of "Let's" system of joint development

Opening of first retail property: “Mitsui Shopping Park LaLaport TOKYO-BAY” (Chiba)

LaLaport was Japan’s first American-style shopping center. It was created with the concept of providing a place where visitors could spend enjoyable and fulfilling time, not only shop. LaLaport has continued to expand and renovate to meet the needs of customers and the times, and it plays a central role in neighborhood creation as the hub of the local community.

Opening of "Halekulani" (Hawaii)

Since 1972, the Mitsui Fudosan Group has developed various projects around the world. In 1980, it established Halekulani Corporation, a subsidiary of Mitsui Fudosan America, and in 1984 it fully renovated and reopened the Halekulani, one of Hawaii's most esteemed hotels. The hotel has been directly managed by Mitsui Fudosan ever since.

Opening of "Mitsui Garden Hotel Osaka Yodoyabashi", Mitsui Fudosan's first hotel in Japan (Osaka)

• Acquisition of "1251 Avenue of the Americas" (New York)

• Establishment of the corporate logomark, the “ ” mark

Full completion of "Okawabata River City 21, West Block" (Tokyo)

Okawabata River City 21 in the Tsukudajima area of Tokyo's Chuo Ward, which still has an old town feel, drew attention as a public-private neighborhood creation project aimed at addressing issues faced by the city center. A pioneering project in waterfront development, it proposed living in the city center as a new lifestyle.

• Opening of "Shonan Village" (Kanagawa)

Opening of ―"MITSUI OUTLET PARK OSAKA TSURUMI" the first full-scale outlet mall in Japan(Osaka)

The outlet mall, first conceived in the U.S. in the 1980s as a new format for commercial complexes, drew attention in Japan, and in 1995 Tsurumi Hana Port Blossom (now MITSUI OUTLET PARK OSAKA TSURUMI) opened as the country’s first full-fledged outlet mall. The approach of selling popular brand products direct from the factory at affordable prices garnered attention.
*Closed on March 12, 2023

• Registration of "Mitsui Main Building" as an Important Cultural Property

• Completion of "Gate City Osaki" (Tokyo)

• Start of Office Building Fund operation

Establishment of Nippon Building Fund Inc.

After the collapse of Japan's bubble economy, the real estate industry sought out new business models, and one promoted by Mitsui Fudosan was real estate securitization. The company established Nippon Building Fund Inc. and listed its shares on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market (J-REIT). The fund was a pioneer in real estate investment trusts.

• Completion of "Nakanoshima Mitsui Building" (Osaka)

• Completion of "Aoyama Park Tower" (Tokyo)

Completion of "Nihonbashi 1-chome Mitsui Building (COREDO Nihonbashi)" (Tokyo)

The opening of COREDO Nihonbashi in 2004 inaugurated the launch of the Nihonbashi Revitalization Plan, a public-private-community project based on the concept of “Proceeding to Create while Retaining and Reviving” to revitalize the Nihonbashi neighborhood and generate new appeal. In the first stage of the plan, the Company subsequently promoted a mixed-use development plan featuring a fusion of commercial and office applications.

• Completion of "Nihonbashi Mitsui Tower" (Tokyo)
• Completion of "Mitsui Garden Hotel Ginza Premier" (Tokyo)
• Establishment of Mitsui Fudosan Residential Co. Ltd.

• Opening of "Urban Dock LaLaport TOYOSU" (Tokyo)
• Opening of "LAZONA kawasaki plaza" (Kanagawa)
• Opening of "LaLaport KASHIWANOHA" (Chiba)

Opening of "TOKYO MIDTOWN" (Tokyo)

As development of the former Japan Defense Agency site progressed, Tokyo Midtown was completed as a place where work, residence, play, and relaxation come together, helping Tokyo strengthen its competitiveness as an international city. Through public-private collaboration, we aimed to create an unprecedented kind of neighborhood development that would bring together a wide range of people and companies from around the world and serve as a stage for creating new value.

The Big Canopy, one of the symbolsof TOKYO MIDTOWN

• Completion of "Gran Tokyo North Tower" (Tokyo)

• Completion of "Akasaka Biz Tower SHOPS & DINING" (Tokyo)
• Opening of "MITSUI OUTLET PARK SENDAI PORT" (Miyagi)

• Completion of "Muromachi Higashi Mitsui Building (COREDO Muromachi 1)" (Tokyo)

• Opening of "DiverCity Tokyo Plaza" (Tokyo)
• Completion of "Yokohama Mitsui Building" (Kanagawa)

Opening of Kashiwa-no-ha Smart City "Gate Square" (Chiba)

Since the Tsukuba Express started operating in 2005, Mitsui Fudosan has worked on neighborhood creation around Kashiwa-no-ha Campus Station as the first stage of the Kashiwa-no-ha Smart City project. The grand opening of Gate Square, the core of the district, marked the full-fledged operation of this mixed-development Smart City, which concentrates urban functions including housing, retail, office, lodging, and hall facilities.

Completion of "Muromachi Furukawa Mitsui Building (COREDO Muromachi 2)" (Tokyo)

Completion of "Muromachi Chibagin Mitsui Building (COREDO Muromachi 3)" (Tokyo)

Completion of "Fukutoku Shrine" (Tokyo)

COREDO Muromachi 2 and COREDO Muromachi 3 feature enhanced retail space and eateries, along with newly added residential properties and a movie theater. In addition, the renovation of the Fukutoku Shrine main building, which has a history of over 1,000 years, generated renewed activity around Edo Sakura-dori and Naka-dori streets. This also marked the start of the second stage of the Nihonbashi Revitalization Plan.

Opening of "MITSUI OUTLET PARK KLIA SEPANG" (Kuala Lumpur)

Opening of "EXPOCITY" (Osaka)

Completion of "Fukutoku Garden" (Tokyo)

• Opening of "MITSUI OUTLET PARK LINKOU" (Taiwan)

Opening of "WORK STYLING"(Tokyo)

WORK STYLING is a new corporate service launched in 2017 to provide flexible working styles not limited by time or place. The idea is to develop offices nationwide that workers can use freely anytime and anywhere matched to their working styles, while existing alongside the conventional way of working at a single headquarters. The service promotes more diversified work formats for employees while helping to raise their productivity.

Opening of "Mitsui Shopping Park &mall" (Tokyo)

Mitsui Shopping Park &mall is an online shopping site linked to brick-and-mortar stores that provides the benefits of both shopping at a physical store and shopping online. It was established in 2017 in response to the rapid changes taking place in consumption patterns in recent years. Through new services combining brick-and-mortar and online shopping, Mitsui Shopping Park &mall works to create new shopping value together with customers and retailers.

Completion of "TOKYO MIDTOWN HIBIYA" (Tokyo)

TOKYO MIDTOWN HIBIYA, a large mixed-use commercial complex with office, retail and business collaboration space was opened to create an urban mixed-use neighborhood reflecting the personality of the district. Adding diverse urban functions to the potential of Hibiya as an area is generating new experiences and value oriented to the future.

Completion of "55 Hudson Yards" (New York)

55 Hudson Yards is an office building within Hudson Yards, one of the largest mixed-use developments in Manhattan. In addition to expanding Mitsui Fudosan’s overseas business, we will also apply the expertise in comprehensive neighborhood development cultivated in Japan to increase the added value of our local projects.

• 「Completion of "Nihonbashi Takashimaya Mitsui Building" (Tokyo)
• Opening of "Mitsui Garden Hotel Nihonbashi Premier" (Tokyo)
• Completion of "Television Centre Redevelopment Project (Phase 1)" (London)
• Opening of "MITSUI OUTLET PARK TAICHUNG PORT" (Taichung)

Completion of Nihonbashi Muromachi Mitsui Tower (Tokyo) and opening of COREDO Muromachi Terrace (Tokyo)

Nihonbashi Muromachi Mitsui Tower, a large-scale mixed-use building consisting of offices, retail facilities, plaza space, and a hall, was completed. With its completion, the Nihonbashi Revitalization Plan moves into its third stage. In this third stage, we will promote open neighborhood development that brings many partners into the effort.

Opening of "Halekulani Okinawa" (Okinawa)

The leading Hawaii luxury hotel Halekulani is expanding into Okinawa. Halekulani Okinawa has opened in Onna Village on the main island of Okinawa, which is home to some of Japan’s most beautiful beaches.

• Completion of "Mitsui Fudosan Industrial Park (MFIP) Haneda" (Tokyo)
• Completion of "MFLP Funabashi Ⅱ, MFLP Funabashi & GATE" (Chiba)
• Opening of "Halepuna Waikiki" hotel (Hawaii)
  • Renewal of "Waikiki Park Hotel" opened in 1987

Opening of "RAYARD MIYASHITA PARK"(Tokyo)
Opening of "RAYARD Hisaya-odori Park" (Aichi)

RAYARD, a new commercial facility brand integrating parks and retail facilities, was launched in Shibuya, Tokyo, and Nagoya, Aichi.
This is a new initiative created with the idea of “a place where diverse people, goods, and experiences intersect, and where those layered intersections create new value.”

Opening of "HOTEL THE MITSUI KYOTO" (Kyoto)

It was created as a new luxury hotel by the Mitsui Fudosan Group on the former residence site of the Mitsui ruling family (Kitake), directly in front of Nijo Castle. Together with many historic remains passed down for more than 250 years, including gates, scenic stones, and lanterns, it revives the “memory of time” deeply engraved in this location for the modern era while carrying its legacy forward.

• Opening of "MFLP ICT LABO 2.0" (Chiba)
• Completion of "Otemachi One" (Tokyo)
• Completion of "Toyosu Bayside Cross Tower" (Tokyo)
• Opening of "Mitsui Garden Hotel Fukuoka Nakasu" (Fukuoka)
• Completion of Bunkyo Garden Gate Tower (Tokyo)
• Opening of "Mitsui Fudosan General Technology Academy" (Chiba)
• Opening of "MGH Mitsui Garden Hotel Taipei Zhongxiao" (Taiwan)
• Opening of "LaLaport AICHI TOGO" (Aichi)
• Opening of "sequence MIYASHITA PARK" (Tokyo)
• Opening of "sequence KYOTO GOJO" (Kyoto)
• Opening of "sequence SUIDOBASHI" (Tokyo)

Completion of "Mitsui LINK-Lab SHINKIBA I" (Tokyo)

This is Mitsui Fudosan’s first newly built lab facility integrating labs and offices. It makes it easier to collaborate with the various players and different industries concentrated in central Tokyo, recruit talent, and engage with venture capital.

Completion of "MFLP Funabashi III and MFLP Funabashi &PARK" (Chiba)

As the culmination of MFLP Funabashi, a neighborhood development-based logistics facility, the third building on the site, MFLP Funabashi III, and MFLP Funabashi & PARK were completed. By bringing in the sports facility Mitsui Fudosan Ice Park Funabashi, Mitsui Fudosan is also realizing its “Aging Gracefully” neighborhood development approach in logistics facilities, aiming for coexistence with local communities and the environment.

Opening of "LaLaport SHANGHAI JINQIAO" (China)

Opening as the first LaLaport outside Japan and one of Asia’s new flagship retail destinations, this facility operates under the concept “Brand New Lifestyle Junction,” offering an extensive lineup of experience-driven, leisure-focused content.

• Rebranding of the corporate logomark with the "" mark.
• 80th anniversary of Mitsui Fudosan’s foundation
• Renovation and reopening of the Halekulani hotel (Hawaii)*Opened in 1984
• Opening of PARK WELLSTATE Kamogawa (Chiba)
• Formulation of Group Action Plan to Realize a Decarbonized Society
• Formulation of Diversity & Inclusion Declaration and Initiative Policy
• Opening of Mitsui Shopping Park LaLa station SHANGHAI LIANHUA ROAD (Shanghai)

Opening of Mitsui Shopping Park LaLaPort FUKUOKA (Fukuoka)

Making its debut as the first LaLaport in Kyushu, this destination brings together nine diverse parks (plazas), Kyushu’s largest food zone and food marché, and experiential entertainment facilities for all generations.

• Opening of Oakwood Hotel & Apartments Azabu (Tokyo)
• Opening of Mitsui Shopping Park LaLaport BUKIT BINTANG CITY CENTRE (Malaysia)
• Completion of MITSUI LINK-Lab KASHIWANOHA 1 (Chiba)
• Opening of MITSUI OUTLET PARK TAINAN Phase 1 (Taiwan)
• Completion of MFLP Ichikawa-Shiohama II (Chiba)
• Opening of Mitsui Garden Hotel Kashiwa-no-ha Park Side (Chiba)
• Completion of Yaesu Energy Center (Tokyo)
• Completion of MFLP TOUMEIAYASE and MFLP EBINA I (Kanagawa)
• Completion of SG Realty MFLP Fukuoka Kasuya (Fukuoka)
• Completion of 50 Hudson Yards (New York)
• Opening of Mitsui Shopping Park LaLaPort SAKAI (Osaka)

Opening of TOKYO MIDTOWN YAESU (Tokyo)

Developed as the third facility under the Tokyo Midtown brand, this is a large-scale mixed-use facility directly connected to JR Tokyo Station. It aims to create a neighborhood where people, information, goods, and experiences from across Japan and around the world gather, interact, create new value, and share it with the world.

• Opening of PARK WELLSTATE Senri-Chuo (Osaka)
• Completion of MFLP Yatomi Kisosaki (Mie)
• Launch of mitaseru service, a carefully selected gourmet ordering platform
• Formulation of Mitsui Fudosan Group Biodiversity Policy

Opening of Mitsui Shopping Park LaLaPort KADOMA and MITSUI OUTLET PARK OSAKA KADOMA (Osaka)

Mitsui Fudosan’s first hybrid shopping facility combining Mitsui Shopping Park LaLaport and Mitsui Outlet Park was created. This dual-format commercial facility allows visitors to enjoy a one-stop shopping experience, from everyday purchases such as fashion and food to more exceptional experiences such as brand shopping.

• Completion of MITSUI LINK-Lab SHINKIBA 2 (Tokyo)
• Opening of Mitsui Garden Hotel Yokohama Minatomirai PREMIER (Kanagawa)
• Opening of Mitsui Shopping Park LaLaport TAICHUNG (Taiwan)
• Opening of four locations for the HUBHUB Project utilizing mobile units
• Opening of Rugby School Japan (Chiba)
• Completion of MFLP Zama (Kanagawa)
• Completion of Kulim Logistics Hub (Malaysia)
• Opening of Mitsui Shopping Park LaLa Terrace TOKYO-BAY (Chiba)

• Opening of Mitsui Shopping Park LaLa Terrace HARUMI FLAG (Tokyo)

Completion of LaLa arena TOKYO-BAY (Chiba)

This is a large multipurpose arena with a capacity of around 10,000 people, made possible by the Mitsui Fudosan Group’s commitment to promoting neighborhood development through the power of sports and entertainment, together with MIXI, Inc.’s commitment to realizing richer communication through sports.

• Formulation of the Mitsui Fudosan Group’s new Philosophy, Corporate Message, and “ ” Group logo
• Formulation of & INNOVATION 2030 as the Mitsui Fudosan Group’s long-term vision
• Completion of MITSUI LINK-Lab NAKANOSHIMA (Osaka)
• Opening of Mitsui Garden Hotel Kyoto Sanjo PREMIER (Kyoto)
• Opening of Mitsui Garden Hotel Ginza Tsukiji (Tokyo)

Completion of MFLP•LOGIFRONT Tokyo-Itabashi (Tokyo)

This is the flagship property of a neighborhood development-based logistics facility project undertaken by Mitsui Fudosan and Nippon Steel Kowa Real Estate Co., Ltd. The facility includes Itabashi Drone Field, established for the research and development of next-generation drone technology, with the aim of contributing to the growth of the drone industry as a whole.

• Opening of three PARK WELLSTATE properties(Makuhari Bay-Park, Shonan Fujisawa, and Nishi-Azabu)
• Completion of MITSUI LINK-Lab SHINKIBA 3 (Tokyo)
• Completion of rebuild and reopening of MITSUI OUTLET PARK MARINE PIA KOBE (Hyogo) *Opened in 1999

• Completion of MFLP Yokohama Shinkoyasu(Kanagawa)
• Opening of Mitsui Shopping Park LaLaport TAIPEI NANGANG (Taiwan)
• Completion of Maple Terrace (Texas)
• Completion of MFLP Tsukubamirai (Ibaraki)
• Opening of Mitsui Shopping Park LaLaport ANJO (Aichi)
• Formulation of “& EARTH for Nature,” a declaration of coexistence with the environment in neighborhood creation
• Opening of Mitsui Shopping Park LaLa Terrace KAWAGUCHI (Saitama)
• Completion of MFLP Ichinomiya (Aichi)
• Completion of MFLP Amagasaki I (Hyogo)
• Opening of Mitsui Shopping Park LaLa Terrace KITA-AYASE (Tokyo)
• Renewal of Mitsui Garden Hotel Sendai (Miyagi) *Opened in 2009
• Opening of MITSUI OUTLET PARK KISARAZU fourth stage (Chiba) *First stage opened in 2012

Renovation and reopening of Haimurubushi (Okinawa) *Opened in 1979

Opened in 1979 on Kohama Island in the Yaeyama Islands, around 400 km south of Okinawa’s main island. A renovation in July 2025 introduced two new infinity pools, as well as a new restaurant and bar. It offers a new experience that allows guests to enjoy the sea, starry skies, ocean breeze, and subtropical plants throughout the year more fully than ever before.

• Opening of Mitsui Shopping Park LaLaport TOKYO-BAY North Wing Rebuilding Phase I area (Chiba)

Opening of MITSUI OUTLET PARK OKAZAKI (Aichi)

Opened as Aichi Prefecture’s first full-scale outlet mall. It consists of an outlet zone and OKAZAKI MARKET, a park-style facility with an extensive food offering, creating a space where visitors can move between the two zones while enjoying shopping, savor local food unique to the region, and experience everything from play to relaxation in an open, green environment.

• Opening of MITSUI OUTLET PARK TAINAN Phase 2 (Taiwan)
• Completion of MFLP Sendai Natori II (Miyagi)