Since its founding, the Mitsui Fudosan Group has been addressing the social issues of each era by providing “places.” The Group has a proven track record as an “industry developer” that has provided the “places” underpinning Japan's era of rapid economic growth through the development of industrial land created by reclamation, the vertical expansion of office space pioneered by the Kasumigaseki Building, and the enhancement of quality of life through residential and commercial facility projects. We consider this phase as “Industry Developer 1.0.”
We have since evolved into “Industry Developer 2.0,” an entity that goes beyond merely providing “places” to one that fosters multiple “communities” that drive innovation, thereby playing a pivotal role in bringing together the wisdom of companies, society, and the people who live there. By providing both the “places” and “communities” that support industrial growth, we aim to contribute to adding further value to society and generating new demand, ultimately achieving sustainable growth of the Group.
One of the symbolic initiatives is our venture into the semiconductor industry. Often referred to as the “rice of industry” in Japanese, semiconductors are used in virtually all the products and services around us, and their importance is growing with each passing year. As digitalization and digital transformation (DX) rapidly advance across all industrial sectors, semiconductors serve as the “foundation” of industry in the digital society and the “source of added value creation.” With the advancement of AI, they have become a critical strategic asset for economic security, and we recognize this as a vitally important area for the Company.
To date, the Mitsui Fudosan Group has engaged in neighborhood creation centered on Nihonbashi with a focus on themes such as "the life sciences and space industries, and in doing so, has cultivated the ability to connect people, companies, and universities, build communities, and foster revitalization." The semiconductor sector is an industry with a broad base. Through the operation of RISE-A, an industry community, we will provide “places” and “communities” where semiconductor suppliers, users, and supporters can go beyond their respective roles to engage in “co-creation and collaboration.”
In Kumamoto, we are undertaking a science park project centered on the semiconductor industry. In addition to a concentration of semiconductor-related companies, Kumamoto is becoming a major hub of the New Silicon Island Kyushu driven by the entry of TSMC of Taiwan, the world's largest semiconductor foundry. We have used the science parks in Taiwan, which gave rise to TSMC, as a reference in this endeavor. Drawing on the model where diverse companies and academic institutions collaborate across a wide spectrum starting from basic research and product development to human resource training, we will build a community in Kumamoto that extends beyond the mere development of facilities such as factories, offices, cleanrooms, and research centers. Together with the local community, we will create a community including human resource development and establish a comprehensive ecosystem spanning from R&D to mass production, driven by industry-academia-government collaboration and partnerships between Japan and Taiwan. By creating new demand alongside the growth of the industry and steadily capturing new business opportunities in the process, we will realize a model that fosters a virtuous cycle of sustainable growth for both society and businesses.
Regarding coexistence with the environment, we outlined our vision in the “& EARTH for Nature” declaration of coexistence with the environment, formulated in 2025 to guide our neighborhood creation, of viewing nature, people, and local communities as a sustainable and prosperous “Holistic Environment.” We aim to create a sustainable and rich network of these “Holistic Environments” where the unique appeal of each element circulates and glows more vibrant over time, extending this network from Tokyo and further across Japan and passing it on to future generations.
“TOKYO MIDTOWN (Roppongi)” is one of the prime examples of a district that embodies this concept. Since its completion in 2007, we have been managing “Midtown Garden,” which features a vast green space that is a rarity in the city center, through efforts such as the transplanting of existing trees from the previous site and preservation, and protection of high-canopy forests. As a result, the site was recognized for its consideration of biodiversity in the city center and was certified as one of the “Nationally Certified Sustainably Managed Natural Sites” by the Ministry of the Environment and other bodies. Providing a space in the heart of the city where both people and wildlife can thrive: It is an example of how Mitsui Fudosan Group aims to coexist with the environment.
We have preserved and nurtured trees, such as the cherry trees that were there from the era of the former Defense Agency, and have been providing a space with seasonal plantings where people can feel close to nature through various events. Green spaces are not just a landscape. People gather because there is nature where they can relax and create new value. Through such a cycle, we can enhance the appeal of the neighborhood and the value of the area. We will continue to drive forward the creation of neighborhoods that “Get Better with Age” and which the next generation can be proud of, with a focus on harmony with the environment.
The potential of sports and entertainment, in the creation of neighborhoods that support people's health and vitality, has increased quite significantly.
”Tokyo Dome” is recognized globally as a mecca for both sports and concerts, and is a venue of choice for artists from Japan and abroad. Leveraging the operational and booking expertise cultivated through the management of “Tokyo Dome,” the Mitsui Fudosan Group will increase the number of sports and entertainment venues of diverse scales and characteristics and create environments suitable for artists and events across the entire spectrum.
Collaboration with commercial facilities is also a strength unique to the Group. For example, people who participate in an event at “LaLa arena TOKYO-BAY,” an arena integrated with a commercial facility, also visit the adjacent “LaLaport TOKYO-BAY” and other facilities. Furthermore, at “MIYASHITA PARK” in Shibuya, we are creating synergies between entertainment and commercial facilities by launching pop-up stores timed to coincide with concerts and sporting events held at "Tokyo Dome". We are witnessing significant growth in the values placed on “experiences” and “moments,” a trend distinct from the consumption of physical goods. Leveraging the Group's strengths as an operator of physical commercial facilities, we will combine "experiences," "moments," and "products” to further accelerate neighborhood creation that delivers extraordinary “inspiration” through the value of real-world experiences.
The source of this value creation is "people." Long before the term human capital management became popular, we shared the belief that “people are the Company's essential assets” in the Group. That is the very reason why we prioritize creating an environment where every employee can fully unleash their potential, while also supporting a better work environment and autonomous career development. To this end, I place great importance on dialogue with employees. I have held a total of 97 internal meetings over the three years since assuming the presidency to foster a sense of unity with employees and unite the Group into “One Team,” engaging in open and candid dialogue with the staff. These dialogues once again made me realize the high level of motivation, diversity, and engagement of our employees.
A key characteristic of the Mitsui Fudosan Group is its ability to produce high-quality results with a limited number of people. This compact organizational structure enables us to create an open environment. At the same time, the Group’s greatest strength lies in its employees, blessed with diverse talents and passion, coming together as One Team to combine their wisdom and aspirations. This organizational strength is precisely what gives us the competitive edge in realizing complex, mixed-use urban development.
Real added value is created by anticipating what customers and society truly desire and taking on new challenges while avoiding the traps of formalism and adherence to precedents. By enabling diverse talents to fully leverage their unique qualities and capabilities, we will enhance the value of our neighborhood creation and offer society a richer array of choices, thereby strengthening the competitiveness of the Group.
The Mitsui Fudosan Group will continue to address social issues through its core business of creating neighborhoods. We view our value creation as driven by two inseparable forces: "the creation of social value" and "the creation of economic value." Creating social value leads to the creation of economic value, and the economic value thus generated is then used to create even greater social value. Continuously maintaining this virtuous cycle is the source of the Group's sustainable growth. We will further evolve our materiality-related initiatives and, as a corporate group that grows alongside society, contribute to realizing a more prosperous and sustainable future.
