Mitsubishi Estate Co., Ltd. (三菱地所株式会社 Mitsubishi Jisho Kabushiki-gaisha, MEC) (TYO: 8802) is a Japanese corporation. It is one of the core Mitsubishi companies.
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History
The company was established in 1937.
Business
MEC is Japan's second-largest real-estate developer (after Mitsui Fudosan) and is involved in property management and architecture research and design.
In 1989 it fully bought out Rockefeller Group in New York, the real estate company that then fully owned Rockefeller Center. Since then the older section of the Center has been sold and the Rockefeller Group, still owned by Mitsubishi, owns the western corridor of the complex.
MEC owns Japan's tallest building, the Yokohama Landmark Tower, as well as the Sanno Park Tower and Marunouchi Building in Tokyo.
Stock
MEC is traded on the Tokyo Stock Exchange under number 8802.
Shareholders
(as of February 2005)
- Meiji Yasuda Life Insurance Company (4.50%)
- Japan Trustee Services Bank, Ltd. (Trust Account) (4.38%)
- The Bank of Tokyo-Mitsubishi, Ltd. (3.73%)
- The Mitsubishi Trust and Banking Corporation (3.49%)
- The Tokio Marine and Fire Insurance Co., Ltd. (3.29%)
- The Mitsubishi Trust and Banking Corporation (Trust Account) (3.25%)
- Obayashi Corporation (2.31%)
- Taisei Corporation (2.25%)
- UFJ Trust Bank Limited (Trust Account A) (2.20%)
- Takenaka Corporation (2.17%)
Holdings
(as of February 2005)
- Mitsubishi Jisho Sekkei Inc.
- Mitsubishi Real Estate Services Co., Ltd.
- Mitsubishi Estate Home Co., Ltd.
- Yokohama Royal Park Hotel Co., Ltd.
- Aqua City Co., Ltd.
- Marunouchi Heat Supply Co., Ltd.
- Yokohama Sky Building Co., Ltd.
- Royal Park Hotel Co., Ltd.
- Rockefeller Group International, Inc.
External links
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