Lifestyle-Oriented Town Development
First written in FY2018. 14 of 17 entries say "Advanced", first in FY2019. Latest entry: FY2026-H1.
1 other company's latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Due to improved occupancy, mainly at properties in the Greater Shibuya Area, in “Rental Offices,” and increased sales to investors and other factors in “Other,”」
Improved occupancy at properties in the Greater Shibuya Area was identified as a factor behind higher revenue and profit in the urban development business, and post-opening operations of the urban development projects are continuing. - FY2025AdvancedAnnual report
「Under our group-wide policy of environmental management, we have identified the three priorities of a decarbonized society, a circular society and biodiversity, and are working to expand business opportunities originating from environmental initiatives.」
In the Greater Shibuya Area, following the opening and commencement of operations of Harakado and Yoyogi Park BE STAGE, initiatives have progressed toward area-wide integration, improved pedestrian circulation, and value creation through startup co-creation and experiential content. - FY2025-H1AdvancedAnnual report
「Revenue in “Urban (rental offices)” increased due to the new contribution from Shibuya Sakura Stage (Shibuya-ku, Tokyo), while revenue in “Urban (rental commercial facilities)” increased due to the new contribution from Tokyu Plaza Harajuku “Harakado” (Shibuya-ku, Tokyo) and other factors.」
Shibuya Sakura Stage and Tokyu Plaza Harajuku “Harakado,” both large-scale developments in the Greater Shibuya Area, began contributing to results, marking progress in the post-opening phase of the urban development initiatives. - FY2024AdvancedAnnual report
「In addition to Shibuya Sakura Stage, major development projects including Forestgate Daikanyama, opened in October 2023, and COCONO SUSUKINO, opened in November 2023, are opening sequentially. We will continue to advance multiple development projects inside and outside the Greater Shibuya Area.」
In lifestyle-oriented urban development, large-scale developments in Shibuya, Daikanyama and Sapporo have progressed to the opening stage, while the next development projects continue. - FY2024-Q3AdvancedAnnual report
「Leasing at the offices of Shibuya Sakura Stage is progressing smoothly, with a contract rate of approximately 95%. The vacancy rate for office buildings and commercial facilities excluding Shibuya Sakura Stage also remains low at 1.2%.」
Shibuya Sakura Stage, a major project in the Greater Shibuya Area, was completed on 30 November 2023, and office leasing progressed to a contract rate of approximately 95%. - FY2024-Q1AdvancedAnnual report
「Shibuya Sakura Stage (Shibuya Station Sakuragaoka Exit District Redevelopment Plan) Office, retail, residential and other uses Scheduled for completion in November 2023 255 thousand m² COCONO SUSUKINO (Sapporo Susukino Station Front Complex Development Plan) Hotel, retail, cinema and other uses Scheduled to open in autumn 2023 53 thousand m² Forestgate Daikanyama (Daikanyama-cho Project) Rental housing, retail, office and other uses Scheduled to open in October 2023 21 thousand m²」
For the development pipeline related to lifestyle-oriented urban development, specific opening and completion schedules were presented for the mixed-use developments at Shibuya Station Sakuragaoka Exit, Sapporo Susukino and Daikanyama. - FY2023-Q3AdvancedAnnual report
「The vacancy rate temporarily increased to 2.8% due to the impact of Kudan Kaikan Terrace (Chiyoda-ku, Tokyo), newly completed in July 2022, but leasing at the property is progressing smoothly.」
Kudan Kaikan Terrace, which had previously been described in terms of completion and leasing progress, reached a 100% contract rate. - FY2023-Q2AdvancedAnnual report
「The vacancy rate temporarily increased to 2.7% due to the impact of Kudan Kaikan Terrace (Chiyoda-ku, Tokyo), newly completed in July 2022, but leasing at the property is progressing smoothly.」
Kudan Kaikan Terrace, previously listed as scheduled for completion in the previous fiscal year, was completed in July 2022, and leasing is progressing smoothly. Concrete progress in the large-scale development pipeline was confirmed. - FY2022AdvancedAnnual report
「Multiple development projects are under way both within and outside the Greater Shibuya Area, including Kudan Kaikan Terrace, scheduled for completion in July 2022, and the Shibuya Station Sakuragaoka Exit District Redevelopment Plan, scheduled for completion in November 2023.」
The planned completion dates for Kudan Kaikan Terrace and the Shibuya Station Sakuragaoka Exit District Redevelopment Plan were specified as part of large-scale developments, including those in the Greater Shibuya Area. - FY2021-Q3RestatedAnnual report
「The newly opened Tokyo Portcity Takeshiba Office Tower, in Minato-ku, Tokyo, opened fully leased in September 2020.」
The Company reconfirmed that the large-scale Tokyo Portcity Takeshiba Office Tower opened at full occupancy. Its opening had already been reported in the previous quarter. - FY2021-Q2AdvancedAnnual report
「The newly opened Tokyo Portcity Takeshiba Office Tower opened fully leased.」
The large-scale Tokyo Portcity Takeshiba Office Tower opened at full occupancy, marking concrete progress in lifestyle-oriented urban development. - FY2021-Q1AdvancedAnnual report
「Asakusa 2-chome Place has already been handed over to tenants, and Tokyo Portcity Takeshiba Office Tower is scheduled to open fully leased.」
In large-scale developments related to the Greater Shibuya Area Concept and other initiatives, delivery of Asakusa 2-chome Place was completed, and the Tokyo Portcity Takeshiba Office Tower progressed to its planned opening at full occupancy. - FY2020AdvancedAnnual report
「During the consolidated fiscal year, in line with growth strategy 1 under the Plan, lifestyle-oriented urban development based on the Greater Shibuya Area concept, we steadily advanced major development projects under construction, including the opening of Shibuya Solasta and Shibuya Fukuras and the approval of rights conversion for the Jingumae 6-chome District Type 1 Urban Redevelopment Project.」
Under the Greater Shibuya Area Concept, Shibuya Solasta and Shibuya Fukuras opened, while the Jingumae 6-chome District Redevelopment also received approval for rights conversion. In housing, the Company also presented the rollout of LIFE STORY TOWN. - FY2020-Q3AdvancedAnnual report
「Shibuya Fukuras Office and commercial October 2019 59 thousand sq. m.」
In the development of the Greater Shibuya Area, Shibuya Fukuras was presented as a property opening in October 2019, and leasing had been completed for all major properties that had opened. - FY2020-Q1AdvancedAnnual report
「Office market conditions have remained firm, and leasing has been completed for all of the major properties listed below that have opened.」
In urban development related to lifestyle-oriented urban development, leasing has been completed at opened properties including Shibuya Solasta, Namba Motomachi 1-chome Place, Q Plaza Ikebukuro and Jimbocho-kita Tokyu Building. - FY2019AdvancedAnnual report
「In line with Growth Strategy 1 in this plan, lifestyle-oriented urban development under the Greater Shibuya Area Concept, the Company steadily advanced construction and leasing for Shibuya Solasta, completed in March 2019, and Shibuya Fukuras, scheduled for completion in October 2019, among other projects.」
Concrete progress in lifestyle-oriented urban development was demonstrated by the completion of Shibuya Solasta and the scheduled completion of Shibuya Fukuras. - FY2018First statedAnnual report
「Growth Strategy 1: Lifestyle-oriented urban development」
As part of Stage 2 of its growth strategy, the Company specified lifestyle-oriented urban development, including the Greater Shibuya Area Concept and intergenerational urban development.