Chapter 1 Beginnings

1923

→

1944

Section 1. Our Company’s Founding

2. Acquiring Property for a Building in Nakanoshima

Having grown into an enormous shipping company, O.S.K. Lines needed to relocate to the center of Osaka for further development. With that in mind, the company began searching for a site to build new offices around 1914. A number of sites were considered, and eventually, a site taking up a corner of Nakanoshima belonging to Naniwa Warehouse, located at 1 Soze-cho, Kita-ku, Osaka (present-day 3 Nakanoshima), was deemed suitable. On December 25, 1918, the site, measuring about 9,256 m2 in size, was purchased from Naniwa Warehouse.

The district of Nakanoshima is long in the east-west direction and narrow in the north-south direction, sandwiched between the Dojima and Tosabori Rivers. It was developed in the early Edo period by a wealthy merchant, Joan Yodoya. Yodoya was running a lumber business when Toyotomi Hideyoshi came into power. He constructed a military camp for Tokugawa Ieyasu’s side during the Siege of Osaka, and he later made a fortune when he was granted exclusive permission to collect and resell swords, spears, and other leftover items that had been discarded throughout the city. After his retirement, he used his vast wealth to develop Nakanoshima, including the neighborhood of Soze-cho.

  • Illustration showing bird’s-eye view of the area around Nakanoshima

Soze-cho is situated at the foot of Taminobashi Bridge on the Dojima River. It is said that Soze Hayakawa, a man connected with Chigusaya, an Edo period currency exchange business, first developed the location and settled there, hence its name. When O.S.K. Lines acquired the property, it was lined with warehouses, and although it was some distance from the center of Osaka, it was closer to the center than Tomijima was. Located among these warehouses were the Asahi Shimbun Company, Japan Post, a university hospital, and the Postal and Telecommunications Bureau, suggesting that the area had potential for future development.

The land acquired by O.S.K. Lines had belonged to Soze Hayakawa and had later become a storehouse for the Tottori Domain. After that, it had become the property of Naniwa Warehouse, a warehouse company affiliated with Suzuki Shoten, which had temporarily achieved fame as a world-class general trading company. Suzuki Shoten had been in decline since around 1918, so O.S.K. Lines was able to acquire the site from them for a cheap price.

O.S.K. Lines set up a temporary construction department within the company on February 23, 1920, and in March of that year, the company hired Morikawagumi to take boring samples and conduct a geological survey of the property. The results were favorable, so the plan to construct a new office building was officially put into action.