
Chapter 1 Beginnings
1923
1944
Section 3. Expansion to Tokyo
3. Building No. 2 Opens
Immediately after the completion of Hibiya Daibiru Building No. 1 and the opening of the Tokyo Office, plans to construct Building No. 2 on the adjacent property to the east got underway. On June 28, 1929, Osaka Building signed a contract with Watanabe Architects & Associates to design and oversee a new construction project for Building No. 2, and on July 15, 1929, a new construction contract was signed with Obayashi Corporation by special order. It was a bold decision to make during the severe recession that had been ongoing since the Showa Financial Crisis.
The groundbreaking ceremony was held on September 12 of that year, and construction began on September 14. Although there was a delay of about five months due to changes to the original design and other factors that prevented some of the work from proceeding as planned, construction of Hibiya Daibiru Building No. 2 was completed on April 25, 1931.
It used reinforced concrete construction with eight above-ground floors and one underground floors, with an eave height of 31 m and a total area of 10,592 m2—practically the same size as Building No. 1. The two buildings were connected by a completely shared basement and a corridor connecting their ground floors. That brought the total floor area of both buildings to 21,634 m2, thereby completing the Hibiya Daibiru building complex.
The building was earthquake-resistant and fire-resistant. It used the same center core system as Building No. 1. The exterior of the building emphasized eccentric vertical lines, which contrasted nicely with the stately impression given by Building No. 1. The exterior walls were clad with Fukoku stone on the first floor and part of the second floor, and with dark brown brick tiles on the second floor and above, as with Building No. 1. Additionally, a state-of-the-art ventilation and cooling system was installed to provide total cooling of all rooms from the basement to the sixth floor.
Hibiya Daibiru Building No. 2 opened on May 1, 1931 with the slogan “cool in summer, warm in winter, service first.”
Because the building opened during a harsh recession, only 3,574 m2 of the effective area of 7,112 m2 was occupied five months after opening, including both new tenants and those that had moved over from Building No. 1. The occupancy rate for both buildings was only 59.9%.
When Building No. 2 opened, its main tenants were O.S.K. Lines, the Rainbow Grill, Nippon Electric Power, Osaka Marine & Fire Insurance, Bungeishunju, and The Sumitomo Bank, as well as the former Soviet Trade Office, Paramount Pictures Corporation, Metro-Goldwyn-Mayer Studios Inc., Western Electric (went defunct in 1995), Japan Planner Monde, and other foreign trading companies.
Although the Hibiya Daibiru Buildings opened during difficult economic circumstances, they were almost fully occupied by the late 1930s.
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1923 1944 Beginnings
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Section 2. Launching a Building Management Business
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Section 4. Business Development in Wartime
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1945 1957 Reconstruction
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Section 2. Our Buildings Reopen
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1958 1988 Development
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Section 1. Expanding the Building Management Business
- 1. The End of the Requisition of the Hibiya Daibiru Buildings
- 2. Upgrading the Facilities of the Daibiru Buildings and Damage Caused by the 2nd Muroto Typhoon
- 3. The Completion of the North Wing of the Shin-Daibiru Building
- 4. The Completion of the Yaesu Daibiru Building
- 5. The Acquisition of the Midosuji Daibiru Building
- 6. The Completion of the Kojimachi Daibiru Building
- 7. The Completion of the Uchisaiwaicho Daibiru Building
- 8. The Completion of the Dojima Daibiru Building
- 9. The Completion of the Awajimachi Daibiru Building
- 10. The Completion of the Mita-Nitto Daibiru Building
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Section 2. Expanding the Business Through M&A
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1989 2003 Expansion (1989–2003)
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Section 1. Creating New Urban Spaces
- 1. The Bubble Economy and Daibiru
- 2. The Hibiya Daibiru Rebuilding Project
- 3. The Completion of the Rebuild
- 4. The Start and Execution of Renovation Plans
- 5. The Completion of the Kita-Umeda Daibiru Building
- 6. The Completion of the Yodoyabashi Daibiru Building
- 7. The Completion of the Estate Tosabori Building
- 8. The Completion of the Umeda Daibiru Building
- 9. The Completion of Violette Takarazuka
- 10. The Shinjuku Daibiru Building and Shiba Daibiru Building Acquisitions
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Section 2. The Development of a New Corporate Identity and a Name Change
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Section 3. Disaster Preparedness and Risk Management
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2004 2023 Transformation (2004–2023)
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Section 1. Becoming a Consolidated Subsidiary of Mitsui O.S.K. Lines and Promoting Management Plans
- 1. Becoming a Consolidated Subsidiary of Mitsui O.S.K. Lines
- 2. Concentrating Investment in the Tokyo Area
- 3. Expanding into Other Countries and Japanese Regions
- 4. Establishing Daibiru 3D-Project Phase I, a Medium-Term Management Plan
- 5. Establishing Our Management Philosophy and Mission Statement
- 6. Establishing Daibiru-3D Project Phase II, a New Medium-Term Management Plan
- 7. Ongoing Establishment of New Medium-Term Management Plans
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Section 2. Expanding Our Business
- 1. The Akihabara Station Redevelopment Project and the Completion of the Akihabara Daibiru Building
- 2. The Acquisition of the Toranomon Daibiru Building
- 3. The 3 Nakanoshima Joint Development Project and the Completion of the Nakanoshima Daibiru Building
- 4. The Completion of the Tosabori Daibiru Building
- 5. The Acquisition of Aoyama Rise Square
- 6. The 3 Nakanoshima Joint Development Project and the Completion of the Daibiru-Honkan Building
- 7. Rebuilding the Shin-Daibiru Building
- 8. Renovation Work
- 9. Multiple Awards
- 10. Delving into Commercial Facilities
- 11. Acquiring a Partial Interest in the Seavans South Building
- 12. Expansion to Sapporo
- 13. Selling Seven Residential Properties
- 14. Starting the Rebuild of the Midosuji Daibiru Building
- 15. Starting the Rebuild of the Yaesu Daibiru Building
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Section 3. Overseas Business Expansion
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Section 4. Further Strengthening of the Corporate Structure and Group Reorganization
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Section 5. Harmonious Coexistence with Society
- 1. Developing a Compliance System
- 2. Developing an Internal Control System
- 3. Risk Management Measures
- 4. Sustainability Initiatives
- 5. Social Contribution and Cultural Support Initiatives
- 6. Environmental Initiatives
- 7. Working Style Reform Initiatives
- 8. Launching the Brand Development Project
- 9. Launching the Head Office Renovation Project
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Section 6. Toward Our 100th Anniversary and Beyond
- 1. Becoming a Full Subsidiary of Mitsui O.S.K. Lines
- 2. Acquiring a Partial Interest in Otemachi First Square
- 3. Acquiring a Partial Interest in the Otemon Tower / ENEOS Building
- 4. Investment in an SPC for Logistics Facilities in the Nishinomiya Area
- 5. Project Participation in the United States
- 6. Project Development in Melbourne, Australia
- 7. Formulation of a New Medium- and Long-Term Management Plan
- 8. Implementing 100th Anniversary Projects
- 9. For Future Generations
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