Chapter 5 Transformation
2004
2023
Section 2. Expanding Our Business
12. Expansion to Sapporo
Under Design 100 Project Phase II, the company’s medium-term management plan established in April 2018, Daibiru sought to expand its investment targets by developing its business in other Japanese regions. Destinations targeted for expansion other than Sapporo included Sendai, Nagoya, Hiroshima, and Fukuoka. However, the company ultimately decided to expand into Sapporo for the following reasons: (1) Sapporo was the center of the Hokkaido bloc, with a highly concentrated economy and population. (2) Because of Sapporo’s status as the gateway to Hokkaido with numerous tourism resources, strong demand was expected both from domestic sources and from international visitors. (3) There were numerous upcoming events in Sapporo, including an extension of the Hokkaido Shinkansen and the Olympic Games in Sapporo.
In November 2019, Daibiru acquired PIVOT and the Pentagram Building in downtown Sapporo from Chushingai Bldg. and three private owners, and the Keiwa MT Building from Keiwa Shoji. All three properties were located in Sapporo’s traditional commercial district, where there was a high concentration of large department stores, large specialty stores, and brand-name boutiques. Future growth through redevelopment was expected, making this location well-suited to Daibiru’s management philosophy of “Constructing Buildings, Creating Towns, and Pioneering the Era.”
In January 2020, Daibiru established the Sapporo Project Office (now the Sapporo Project Department) in order to strengthen collaboration with the area and to enhance its collection of market data with future redevelopment in mind.
Afterward, in July 2021, a district plan was proposed to the City of Sapporo by Daibiru as the management company representing a group of 28 landowners in the vicinity, including Isetan Mitsukoshi and Parco. This plan was adopted and made into an ordinance, which provided the opportunity to immediately proceed with the redevelopment project. As a result, Daibiru decided in May 2022 to close all three properties. Daibiru PIVOT and Daibiru PIVOT West closed in May 2023 and Daibiru PIVOT South in October 2023 so that a project to construct a new building could move forward.
| Property overview | Daibiru PIVOT |
|---|---|
| Address | 4-chome, Minami 2-Jo Nishi, Chuo-ku, Sapporo |
| Date of completion | August 1969 |
| Construction | steel-frame reinforced concrete construction with some parts reinforced concrete construction |
| Size | nine aboveground floors, three underground floors |
| Site area | 2,790 m2 (same site as Daibiru PIVOT West) |
| Total floor area | 20,814 m2 |
| Property overview | Daibiru PIVOT West |
|---|---|
| Address | 4-chome, Minami 2-Jo Nishi, Chuo-ku, Sapporo |
| Date of completion | December 1985 |
| Construction | steel-frame construction |
| Size | three aboveground floors |
| Site area | 2,790 m2 (same site as Daibiru PIVOT) |
| Total floor area | 214 m2 |
| Property overview | Daibiru PIVOT South |
|---|---|
| Address | 4-chome, Minami 2-Jo Nishi, Chuo-ku, Sapporo |
| Date of completion | August 1969 |
| Construction | steel-frame reinforced concrete construction |
| Size | seven aboveground floors, two underground floors |
| Site area | 323 m2 |
| Total floor area | 2,567 m2 |
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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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