Mitsubishi Logistics

Since its predecessor, Tokyo Logistics, was founded in 1887 and changed the corporate name to its current one in 1918, Mitsubishi Logistics reached its 120th anniversary in 2007. Among the Mitsubishi zaibatsu, the foundation of Mitsubishi Logistics followed the establishment of NYK line, Mitsubishi Corporation, Mitsubishi Heavy Industries, and Mitsubishi Bank (what is now Mitsubishi UFJ Financial Group after several mergers).

The company's central office building was planned in the aftermath of the Great Kanto Earthquake and completed in 1930. The term 'trunk room' is said to have been conceived to advertise this new building, which stored precious pieces of art and expensive kimono. A renovation project began in 2010, involving the partial replacement of the structure with a 90-metre modern office building designed to match, alongside reinforcement of the remaining original structure. The renovation was completed in 2014.

Services

Mitsubishi Logistics' business can be categorized into two areas; logistics and real estate. The company's main businesses are in warehouse management, seaport logistics, and real estate.

The company's logistics business has a history of 120 years and owns affiliate companies throughout the world. Its performance ranks at the top among Japan's logistics industry. Mitsubishi Logistics possesses Japan's largest warehouse. It works closely with its subsidiaries abroad and has a good track record in handling pharmaceuticals and chemicals. It owns 63,000-ton refrigerated warehouses, one in eastern Japan and another in western, namely Oi in Tokyo and Rokkō Island in Kobe.

Mitsubishi Logistics is profitable in real estate business too and actively invests in office and commercial buildings and residential houses. It develops many "datacenter-compatible buildings" such as Tokyo Dia Building, and is a pioneer and holds the largest domestic market share in buildings for rent with emergency generators, high earthquake resistance, and multi-carrier systems (Tokyo Dia Building is the largest seismically isolated building in Japan). With regard to commercial facilities, the company developed Kobe Harbor Land for example, a commercial complex in western Japan. Eastern Japan saw the opening of Yokohama Bay Quarter outside the eastern gate of Yokohama Station on August 24, 2006. Mitsubishi Logistics is also undertaking development of condominiums including Nabeaure Yokohama Tower Residence and M. M. Towers Foresis.

Subsidiaries and affiliate companies abroad

Mitsubishi Logistics Europe B.V.