Mitsui & Co Ltd: Basic Agreement concerning Integrated Block Development Project, and Rebuilding of Mitsui & Co. Head Office

  Mitsui & Co Ltd: Basic Agreement concerning Integrated Block Development
  Project, and Rebuilding of Mitsui & Co. Head Office

UK Regulatory Announcement


This announcement is for our U.S.$ 5,000,000,000.00- Euro Medium Term Note

                                                                August 8, 2013

Mitsui & Co., Ltd.

Mitsui Fudosan Co., Ltd.

Mitsui & Co., Ltd. (head office: Tokyo, President: Masami Iijima, “Mitsui &
Co.”) and Mitsui Fudosan Co., Ltd. (head office: Tokyo, President: Masanobu
Komoda, “Mitsui Fudosan”) have signed a basic agreement concerning an
integrated block development project (“the Project”) for the block of 1-2
Ohtemachi, Chiyoda-ku, Tokyo. As part of the Project, the head office of
Mitsui & Co., which is located in the development area, will be rebuilt.

The Project will involve the integrated rebuilding and development of the
Mitsui & Co. Head Office Building (owned by Mitsui & Co.), the Ohtemachi
1-chome Mitsui Building (owned by Mitsui Fudosan) and the Ohtemachi PAL
Building (jointly owned by Mitsui & Co. and Mitsui Fudosan) with a site area
of over 20,000 square meters. We will consider specific plans for the Project
in consultation with the relevant government agencies and members of the local
community. The aim is to contribute to the creation of an attractive urban
community in Ohtemachi area with space for office, commercial and other
purposes, through the construction of a multi-purpose building with advanced
office functions, environmental performance and disaster-preparedness systems.

Mitsui & Co. will rebuild its present head office, which was completed in
1976, with the aim of improving environmental performance and
disaster-preparedness while raising productivity through the highly efficient
office environment. Since the integrated rebuilding and development enables a
harmonized formulation of landscape, Mitsui & Co. have also decided to promote
this project as an integrated block development together with Mitsui Fudosan.
Mitsui & Co. will relocate to temporary offices during the year ending March
2015. Demolition of its present head office will begin in 2015, with
completion of the new building scheduled for 2019.

For the Project, Mitsui & Co. and Mitsui Fudosan will combine the integrated
strengths of Mitsui & Co. with the community development expertise
demonstrated by Mitsui Fudosan through other major developments, such as the
“Tokyo Midtown”. Our goal is to create an attractive composite urban

The estimated investment of Mitsui & Co., including the construction of a new
head office building, will amount to approximately ¥120 billion, while that of
Mitsui Fudosan will amount to approximately ¥50 billion.

Project Outline         
Location                  : 2 Ohtemachi 1-chome, Chiyoda-ku, Tokyo
Site area                 : 20,847 square meters (registry book area)
Outline of new building   : To be decided
Construction period       : Commencement of construction in 2016 (planned),
                          Completion of construction in 2019 (planned)

[map omitted]

For inquiries on this matter, please contact

Mitsui & Co., Ltd.                                
Investor Relations Division                         TEL: 03-3285-7910
Corporate Communications Division/ Noriko Okamoto   TEL: 03-3285-6645

Mitsui Fudosan Co., Ltd.
Corporate Communications Department                 TEL: 03-3246-3155

For diagrams omitted, please see our


Mitsui & Co Ltd
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