Message fromthe President

Contents

Sustainabillity

FeatureEnvironment

SocialGovernanceFeatureBuilding Sustainable Communities inYaesu, Nihonbashi, and Kyobashi
Tokyo is the capital of Japan and the world's largest
megacity.
Yaesu, Nihonbashi, and Kyobashi are three central
areas in Tokyo, notable for the Tokyo Station, acentral hub of Japan’s railway network. Tokyo
Tatemono has called this close-knit area its homeheadquarters since 1896.
As a next-generation developer aiming to createa sustainable society, Tokyo Tatemono promotes
sustainable community building in the Yaesu,Nihonbashi, and Kyobashi districts.

The original company building, located in what was then called Nihonbashi Gofukucho (picturedright), took severe damage in the Great Kanto Earthquake. Later, our headquarters building (picturedleft), which was completed in 1929, was equipped with the most up-to-date earthquake and fire
resistance technology of the time.

A Business Focus on Improving Sustainability Through an Innovation Ecosystem
Creating an innovation ecosystem is one theme on which Tokyoa virtuous cycle that cultivates new industry and generates

Tatemono focuses to promote sustainable community building.

economic growth leading to innovation.
The Yaesu, Nihonbashi, and Kyobashi districts are leading

An innovation ecosystem is a business environment analogous
to a natural ecosystem. Here, collections and collaborations ofglobal business centers. The sustainable development ofvarious players in industry, academia, and government (startups,

these districts requires the presence of innovation thatlarge corporations, investors, and research institutes, etc.) create

creates new industry and the support of an ecosystem.

The Foundations of an Innovation Ecosystem, Laid in the Edo Period
Since an innovation ecosystem is formed through theproduce the materials used in samurai residences: tatami

collection and collaboration of a diverse range of players,mats, fusuma wall panels, armor, and more. Since paintings

we could say that the most critical core requirement is awere often drawn on these fusuma panels, the Kanō schooltransportation infrastructure to attract these players.

was established in Edo and would become the largest

With the establishment of Edo (Tokyo) as the capital offaction in the history of Japanese painting. A number of famed

Japan, the Tokugawa shogunate developed the Edo Fiveukiyo-e woodblock artists, including Utagawa Hiroshige,Routes. These were five trunk highways for the nation,would also reside there, contributing to a flourishing art

all originating from Nihonbashi. This led to a tremendous

culture. Other business-minded people created quick andinflux of people, goods, and culture from rural areas, andeasy dishes to satisfy the hunger of people who came alone

the city developed into a place for the creation of newto Tokyo to work in these industries. These dishes, including

industry and culture.

stall-based soba noodles, sushi, and more, resulted in a

At Edo Castle, craftsmen from all over Japan gathered toburgeoning Edo food culture.

▶ Flow of Materials and Culture in the Edo Period

Yaesu/Nihonbashi/Kyobashi

Supply of goods

Food culture

Artisan culture

Sushi, soba, eel, catering, etc

Tatami-cho, Himono-cho, Minami-saya-cho, Gusoku-cho, etc.

Manufacturing clusters

Business clusters

Edo Castle

Supply of foodArtists and others

Tinkerers, etc.

(Utagawa Hiroshige, Kanō school members)

Antique dealers, etc.

Art clusters

10Literature

Geisha district

Food culture clusters

Contents

Message fromthe President

Sustainabillity

FeatureTransportation Infrastructure Supporting Innovation

Environment

SocialGovernance▶ Location
and Functionsin the Yaesu/Nihonbashi/Kyobashi Areas

Improvements in transportation infrastructures have significant
influence on the creation and cultivation of new industry andculture, or in other words, the promotion of innovation.

Other cities

Tokyo

From the Edo period to the present day, the Yaesu,(via(via railway,railway local buses, BRT)

(via bullet trains, highway buses)

Nihonbashi, and Kyobashi districts have benefited froman overwhelmingly ample transportation infrastructure

Nihonbashi
Stationarea

compared to other cities. These districts are the hub of thenational railway network (especially given the presenceTokyoStationof Tokyo Station), long-distance bus network terminals,
subway networks, highway networks, and so on. Futureenhancements are also planned, including BRT networks andnew subway lines.

TokyoStation
area

The development of transportation infrastructure requires
a great deal of time and investment of social capital. Only alimited number of districts can host this infrastructure, andYaesu, Nihonbashi,
Kyobashi Areas

Clusters of people, goods, andinformation connected within
Tokyo, to other cities in Japan,
and to the rest of the world

Kyobashi
Stationarea

these districts remain central hubs over a long period of time.
The Yaesu, Nihonbashi, and Kyobashi areas boast a significant
advantage in that they already have a transportation

Other cities

infrastructure, the core requirement for innovation, in place.

(via bullet trains,
highway buses)

The flow of people, goods, and money brought by thistransportation infrastructure has resulted in an economic
benefit stemming from the concentration of businesses.

Global Connections(via Haneda Airport / Narita Airport)

These areas enjoy the highest accessibility of any place in Japan, directly
connected to Tokyo Station, the central hub of Japan's railway network, as well as
long-distance bus networks. Together, these areas not only function as a domestichub, connecting to Japan's various regions, but also as an international hub, thanks
to connections to the Narita and Haneda airports via the Toei Asakusa Line.

This history has made the Yaesu, Nihonbashi, and Kyobashi
area the greatest urban economic zone in Japan. This
centralization is unparalleled in scale, and the gathering ofsuch a great number of talented people and the resulting
collective knowledge brought together is a source of valuable
innovation that cannot be found elsewhere.

Richness in Culture That Attracts the Creative Class
Another strength of the Yaesu, Nihonbashi, and Kyobashi

can be traced back to the Edo period. Developmentareas is their rich cultures.

as a business district led to further concentration andAs indicated by urban economist Richard Florida in hisdevelopment of the food and beverage industry. Now, aCreative Capital theory, people from the creative class,number of diverse, high-quality restaurants are utilized for

those who drive innovation, tend to prefer traditional,

business meetings and private soirées.

firmly rooted cultures. In other words, the more an area

The concentration of various food-related industries, frompossesses a rich, unique culture, the easier it is to attractfood manufacturing to wholesale, formed the foundation ofthe creative class.

an ecosystem that integrates culture and economy.

The Yaesu, Nihonbashi, andKyobashi areas are districts
rich in art and art culture.
Paintings and other crafts
have been nurtured here since
the Edo period. Even today,
this area is home to Japan's
densest collection of antiqueart, galleries, and museums.
These districts are also home
to a food culture that brings arichness to daily life. As Japan'sunique food culture developed
here (sushi, soba, grilled
eel, and so on) so, too, didstorefronts. Even today, thesedistricts are home to a numberof shops whose genealogies

Source: Nihon-bashi uoichi han'ei no zu (Illustration of Prosperity at the Nihonbashi Fish Market), by Kuniyasu, National Diet Library
The fish market that formed along the northern bank of the Nihonbashi River featured a collection of fish caught not only in the seas
off Edo, but also from the waters of Chiba, Kanagawa, and Shizuoka Prefectures.

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Contents

Message fromthe President

Sustainabillity

FeatureEnvironment

SocialGovernance

Toward Developing an Innovation Ecosystem
The Yaesu, Nihonbashi, and Kyobashi areas feature a numberof factors critical for an innovation ecosystem. These factors
include a strong transportation infrastructure, large-scalebusiness clusters, and rich cultural characteristics. As any ofthese factors require considerable time to form, these areas
possess great competitive advantages over other districts.
Today, Tokyo Tatemono works to develop this innovation
ecosystem further by infusing this already solid foundation
with new elements.

Type-1 Urban Redevelopment Project in the Yaesu 1-Chome East Are
in front of Tokyo Station

Soliciting Startups and Promoting Open Innovation
With a Focus on Social Issues
New ideas must be developed and offered in order todistricts to attract new players from Japan and overseas.

stimulate industry. Startups serve society by fulfilling this role.

Here, we strive toward food innovation, including

The agility and speed of startups within existing industries

initiatives for resolving food shortages, which is a critical

can lead to unprecedented innovation.

issue facing global society. At Kitchen Studio SUIBA, we

In 2018, Tokyo Tatemono launched operations at xBridge-

use food to promote lively activity and communication,

Tokyo, a startup studio serving as a hub to for star-levelsupporting players in the field of cuisine as they take onstartups in their early phases. Since its launch, xBridge-Tokyo

new challenges. TOKYO IDEA EXCHANGE hosts a wet lab

has been home to more than 20 startups, aiding them inequipped with 3D printers and other machine tools to

growing their various businesses.

attract new creators. All of these centers form a distinctive

Tokyo Tatemono also maintains and operates facilities

network, sharing a common theme of working to resolvethat serve as hubs for open innovation. At City Lab Tokyo,

various social issues, from local to global.

we help create a decarbonized society by providing a

These Tokyo Tatemono-led initiatives have received

forum and operating programs that encourage cooperationstrong praise from the Tokyo Metropolitan Government,

between the various players involved in community

and were officially certified for the Regional Councildevelopment. At TOKYO FOOD LAB, we leverage theby Authorized Regions (PR Support) in last fiscal year's

food industry hub in the Yaesu, Nihonbashi, and Kyobashi

innovation ecosystem promotion support project.

xBridge-Tokyo
This startup studio aims
to support the creationand growth of startups, aswell as the formation of acommunity where users
can share knowledge andexpertise with each other.

Kitchen Studio SUIBA
A kitchen studio using cuisine

City Lab TokyoTOKYO FOOD LAB
A community hub offering foodas catalyst for liveliness.

An open innovation platform building

education and hands-on experience

This facility encourages

sustainable cities and societies.

in a cutting-edge plant farm.

liveliness through food content,

This forum provides programs that

Fusing technology, science,

which naturally drives thetackle three perspectives: knowledge

cooking methods from all over thecreation of communication,provision, community-building, andworld, and different ways to enjoy

regardless of generation orbusiness generation support.

cuisine, TOKYO FOOD LAB aimsgender.

The approximately 300m² of floor

to solve social problems sharedarea at this facility includes meeting

globally and to build communities

rooms, a salon, and rental spaces.

that support the SDGs.

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Contents

Message fromthe President

Sustainabillity

FeatureEnvironment

SocialGovernance

Mechanism for Innovation Ecosystem Growth▶ Three Assets for an Innovation Ecosystem

The Brookings Institute of the United States identifies three
critical elements for the formation of innovation ecosystems:
various networking programs (networking assets);

Economic
Assetsinfrastructure, offices, food and drink establishment, and open
innovation bases (physical assets), and a variety of playersthat act as economic assets.

Innovation
Eco System

If we overlay the Yaesu, Nihonbashi, and Kyobashi districts
onto the framework of these three elements, we can see that

PhysicalAssetsthe value of these districts in terms of economic assets canbe increased significantly by adding a concentration of startup

NetworkingAssets

Economic Assets

ventures to the existing cluster of businesses.

Companies, institutions, and organizations that promote, foster, andsupport an environment rich in innovation.

As for physical assets, a large-scale aggregation of offices
and stores already exists on top of an overwhelmingly

Physical Assets

superior transportation infrastructure in these districts.

Public and privately-owned spaces designed and organized tostimulate new and higher levels of connectivity, collaboration andinnovation.

The addition of new open innovation bases here and planned
future large-scale redevelopment projects will significantly
expand the district's physical assets. Networking assets are

Networking Assets

also expected to be strengthened, triggered by the programs

The relationships between actors, such as individuals, firms andinstitutions, that have the potential to generate, sharpen, andaccelerate the advancement of ideas.

operated at each open innovation base.
As the innovation ecosystem begins to grow in this way, we
will see a self-sustaining, sustainable development cycle inSource: Brookings Institutewhich a variety of players, including large innovation-drivencompanies, cluster with each other. These conditions arealso favorable for large-scale redevelopment projects, such▶ New
Innovation Ecosystems

as Tokyo Tatemono's Type-1 Urban Redevelopment Project inBuilt Through Redevelopment

the Yaesu 1-Chome East Area in front of Tokyo Station and theType-1 Urban Redevelopment Project in the Yaesu 1-ChomeGrowth
Ideas/Technology

Tokyo Tatemono aims to realize the sustainable

Startups
Transferdevelopment of both our community and our own businesses
through the creation of an innovation ecosystem.

Openinnovation
Supply of resources

SupportTransfer

space for new players to utilize and play an active role.

Major
companies

Entry

North area. Further, these facilities can also contribute as aOverseas

Investors, etc.

VOICE

Valuing Familiar Comfort, While Creating World-Class Communities

The Yaesu, Nihonbashi, and Kyobashi areas comprise a business hub that drives the Japanese economy.
However, there is a very familiar, human face to these districts, including business people who operate
long-standing local restaurants. A number of companies have been operating in this district for many years,
not only because of the convenience of growth-supporting transportation and advantages stemming froma collection of companies, but also likely due to the comfort of the district that puts those who work
here at ease. At Tokyo Tatemono, we promote the development of an attractive, world-class community
by cultivating an innovation ecosystem that encourages business growth while valuing the culturalcharacteristics unique to this district.

Area Management Division
General Manager

Naoki Kumada

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Contents

Message fromthe President

Sustainabillity

FeatureEnvironment

SocialGovernanceSupporting Sustainable Communities Through Disaster Mitigation andEnvironmental Impact Reduction
Strengthening Disaster Mitigation

Reducing Environmental Impact

Disaster mitigation is an essential element when considering

Tokyo Tatemono development projects incorporate athe development of a sustainable community.

variety of environmental measures based on the Group
Environmental Policy.

Countermeasures against disasters caused by extreme

One example is the Tokyo Square Garden, a large-scale

weather driven by climate change, as well as earthquakes
and other causes, are important elements of community

complex building with direct access to Kyobashi Stationdevelopment. These are also social issues that are attracting

on the Ginza Line. Here, we have installed and currently

more attention due to the increasing frequency of major

operate the Kyobashi Environmental Station . This facility

disasters. Major disasters not only damage office buildings,

aims for environmentally friendly community development

but also threaten the lives and livelihoods of people who live

to help create a decarbonized society. The station provides

and work in the community, causing damage to the entire

advice on energy conservation measures to local small-region. At Tokyo Tatemono, we work to create a safer andand medium-sized building owners. We also provide local

more secure city by strengthening our disaster mitigation

residents opportunities and forums to learn about and takecapabilities in cooperation with neighboring companies,

action related to environmental problems. We also use thislocal residents, neighborhood associations, and other local

facility to present the various environmental technology

organizations. Here, we strive to address disaster mitigation

initiatives employed at Tokyo Square Garden.
Even at the Tokyo Tatemono Yaesu Building, which has

at the regional level.

served as Tokyo Tatemono's headquarters since May 2020,

A major issue in urban areas with high concentrations oflarge corporate offices is when commuters are unable to

we strive to reduce environmental impact through efficient

return home during a disaster. Disasters can also damage

energy management, greening, and other initiatives.
Through these efforts, Tokyo Tatemono aims to create an

power grids and power supply facilities, potentially leading

attractive, sustainable community that appeals to people

to large-scale power outages.

and companies around the world. We strive for progress,

Large-scale office buildings built by Tokyo Tatemono have
prepared support mechanisms in anticipation of receiving

even in the face of

stranded commuters, including resource stockpiles andmajor social shifts,

emergency manuals. For future large-scale redevelopment

such as international

projects, we are strengthening business continuity functions

competition

via emergency-use power generation equipment, co-between cities, ageneration systems*, and networked local air conditioning

shrinking working-facilities to make regional energy use more efficient and lessage population, andimpactful on the environment.

diversifying work

*Energy conservation system that effectively uses heat from electric power
generation for heating, air conditioning, etc.

and lifestyles.

TOPICSAikasa , an Umbrella Sharing Service in the Tokyo Station Area

In partnership with Nature Innovation Group Co., Ltd.,the Tokyo Station City Management Council, andother organization and company stakeholders in theTokyo Station area, Tokyo Tatemono launched theAikasa umbrella sharing service. Started in December
2019, this is first service of its kind in Japan. Users canborrow stylish umbrellas (decorated with old-stylemap art) simply by scanning a QR code in mobile appat the more than 700 Aikasa Spots nationwide.
This service is aimed at providing hospitality to botharea workers and tourists, as well to eliminate theissue of plastic waste related to plastic umbrella trash.

14Tokyo Square Garden