Chapter 3 Development
1958
1988
Section 1. Expanding the Building Management Business
2. Upgrading the Facilities of the Daibiru Buildings and Damage Caused by the 2nd Muroto Typhoon
After the requisitioning of the Daibiru Buildings was lifted in 1952, they were restored to their former condition through renovation work, but as the construction of new buildings in that area began, our company made an effort to provide comprehensive high-quality office environments by upgrading our own buildings’ facilities and services.
From 1953 to 1954, the building interiors were painted, and the lighting was changed from ordinary bulbs to fluorescent lighting. In 1955, the window frames of the Daibiru-Shinkan Building were repaired, and the exterior tiles were replaced. From 1955 to 1956, the roof of the Daibiru-Honkan Building underwent major waterproofing renovations.
Furthermore, in October 1959, the company undertook major renovations of the air conditioning system, which had been pending for some time, but it was extremely difficult to renovate the existing building’s equipment due to its many strong earthquake-resistant walls. It was a major task that took Toyo Carrier Corporation eight months to complete, but it was finished on June 1, 1960, and the entire building was air conditioned from that summer onward.
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The view of Taminobashi Bridge from the Daibiru-Honkan Building
The Daibiru Buildings, situated in a low-lying area, had previously been damaged by typhoons several times, and protective measures against storm surges had been implemented. However, the 2nd Muroto Typhoon, which struck Osaka on September 16, 1961, caused the sea level in Osaka Bay to rise rapidly, and the storm surge soon breached the barriers. The entire Nakanoshima area was instantly flooded. At the Daibiru complex, muddy water overflowed the sandbags, broke the glass of the first-floor windows, and poured into the buildings. The floodwaters reached the ceiling of the basement and were 1.5 m deep on the first floor.
As soon as the typhoon had passed, the company established a flood damage task force, and all employees were mobilized to begin recovery work. Emergency recovery work continued day and night, and within about a week, the buildings had been restored to a state that would not impede our tenants’ operations. However, it took about a year for all recovery and renovations to be completed. After that, extensive construction work was undertaken on new measures to protect against storm surges, such as the installation of bank vault-style storm protection doors and panels at each entrance, the closing of the shipping entrance on the north side of the Daibiru-Honkan Building and the use of reinforced concrete to block the north-facing windows on the first floor of the Daibiru-Honkan and Daibiru-Shinkan Buildings, and the installation of strong storm surge barriers around the basement areaway.
The damage from this typhoon caused the company to incur losses for only the second time since 1948, when it had incurred losses due to the special tax on homes and property that had survived the war, but fortunately, no lives were lost.
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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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