Chapter 1 Beginnings
1923
1944
Section 4. Business Development in Wartime
1. The Completion of the Daibiru-Shinkan Building
The Japanese economy, which had been stagnant for a long time since the Showa Financial Crisis, began to emerge from recession around 1933, due to the prosperity of the munitions industry, the advancement of Manchuria-related projects, an aggressive fiscal policy of issuing deficit-financing bonds, and low interest rates. Demand for office space grew in the building rental industry in conjunction with these developments, and our own buildings saw an increase in the number of applicants for rooms for rent as requests from existing tenants for additional space flooded in. The Daibiru-Honkan Building and Hibiya Daibiru Buildings were also fully occupied, so in October 1935, the company revealed plans to expand the Daibiru-Honkan Building site. These plans called for business expansion via the construction of an office building with eight above-ground floors and one underground floor with a total floor area of about 11,240 m2 on a vacant lot to the east of the Daibiru-Honkan Building. Under these plans, it was expected that Osaka Building would be in better financial position after construction by making effective use of vacant property that it owned and upgrading the entire complex, including both the Daibiru-Honkan Building and the Daibiru-Shinkan Building.
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The Daibiru-Shinkan Building at the time of its completion
On October 4, 1935, Osaka Building commissioned Watanabe Architects & Associates to design and supervise construction of the Daibiru-Shinkan Building and on October 10, 1935, it signed a contract with Hazama Corporation for the foundation construction. Then, on December 15, it signed the main construction contract with Obayashi Corporation, and construction got underway. Construction was completed on July 31, 1937.
The main structure used earthquake-resistant reinforced concrete construction. It had eight above-ground floors, one underground floor, and an eave height of 31 m. The total floor area was 12,608 m2, and the total floor area of the Daibiru site, including the Daibiru-Honkan Building, was 44,839 m2, making it an enormous office complex. The Daibiru-Shinkan Building was designed with practicality in mind. Each room was equipped with the air conditioning system used in Hibiya Daibiru Building No. 2.
The Daibiru-Shinkan Building opened on August 10, 1937. It immediately reached full occupancy thanks to the booming economy. The tenants included major companies as well as the British, German, and American consulates, the Indian Trade Office, and numerous foreign trading companies.
According to statistics from March 1939, about a year and a half after the Daibiru-Shinkan Building opened, the building had 145 tenant companies and 3,351 resident people, with some 20,000 visiting the complex each day.
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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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