SUSTAINABILITY MANAGEMENT
Stakeholder Engagement
Mitsubishi Estate Group's Relationships with Stakeholders
Stakeholder Engagement
The Mitsubishi Estate Group's business is built upon the foundation of its relationships with a wide variety of stakeholders, including customers, shareholders, local communities, government and local authorities, business partners, and executives and employees and their family members. Business activities in urban development involve many stakeholders by their very nature, and the Mitsubishi Estate Group has the responsibility to pursue its business activities while living up to the trust placed in it by these stakeholders.
In particular, the Group's business entails close involvement with the tenants of its buildings and the stakeholders in the local community as partners in building a sustainable community. In the Marunouchi area, the Group prioritizes interactive communication on a daily basis through the Council for Area Development and Management of Otemachi, Marunouchi and Yurakucho.
Two of the general principles of Japan's Corporate Governance Code, which was issued by the Tokyo Stock Exchange, are "appropriate cooperation with stakeholders other than shareholders" and "dialogue with shareholders." The Group will take a range of initiatives to communicate with stakeholders in various forms and reflect their opinions in management.
Methods for dialogue with stakeholders
| Stakeholders | Definition | Opportunities for dialogue | Primary themes |
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| Customers | Users of tenant buildings, parties to housing and condominium contracts, various subcontractors, etc. |
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| Community and Society | Local community and local residents involved in the Mitsubishi Estate Group's business |
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| Employees | Mitsubishi Estate Group employees |
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| Business Partners | Construction subcontractors, cooperating companies, suppliers, etc. |
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| Shareholders and Investors | Individual and institutional investors |
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Partnerships with Outside Organizations
| Partner organization | Overview | Our role |
|---|---|---|
| The Association of Real Estate Agents of Japan | The Association's members are major and medium-sized housing manufacturers and real estate companies that focus on real estate marketing activities. The Association aims to improve the various systems related to real estate transactions through related investigations, research, and proposals, etc. | Deputy Director Board Members Corporate Advisor |
| Real Estate Companies Association of Japan | The Association's members are companies that engage in urban and community development. It conducts investigations and research on systems related to real estate, makes policy proposals, and conducts social contribution activities to make it possible to proactively and effectively promote the supply of high-quality offices and homes and the smooth distribution of a stock of housing. | Deputy Director Board Members Corporate Advisor |
| Japan Building Owners and Managers Association | As Japan's only nationwide organization of business operators who own and manage office buildings, the Association conducts investigative research and awareness-raising activities related to building operation and management, etc. | Chair |
| Council for Area Development and Management of Otemachi, Marunouchi and Yurakucho | The Council engages in efforts related to urban development in light of the "Guidelines for the Redevelopment of the Area" of the Otemachi, Marunouchi, and Yurakucho areas of Tokyo, in collaboration with companies, organizations, and governmental agencies, etc., in an aim to increase the area's value and achieve sustainable development of central Tokyo. | Regular Members Director Chair Committee Chair |
| Association for Creating Sustainability in Urban Development of the Otemachi, Marunouchi, and Yurakucho Districts (Commonly known as the "Ecozzeria Association") | The Association operates the "CSV Business Creation Platform" that aims for better urban development and to resolve social issues directed toward achievement of the "Otemachi, Marunouchi, Yurakucho (OMY) Sustainability Vision." It works to create opportunities for interaction between companies and many people inside and outside the OMY area, build CSV business that sustains development of "environment," "economy," and "society" on that foundation, conduct R&D related to cutting-edge technology that contributes to creation of a sustainable society, etc., and implement awareness-raising activities. | Regular Members Board Members Auditor |
| OMY Area Management Association (Commonly known as "Ligare") | The Association handles "soft" components of urban development of the OMY area. It plans and operates events and other activities, conducts public relations, and engages in investigational research, and otherwise conducts activities as the instrument advancing systems established by government, such as the "Tokyo Municipal Ordinance on Promoting the Syareta-Machinamidukuri, the Creating of an Attractive and Exceptional City" and outdoor advertising projects. | Regular Members Deputy Director Board Members |
| The Industrial Federation for Human Rights, Tokyo The Corporate Federation for Dowa and Human Rights Issues, Osaka | Recognizing that human rights are the foundation of sustainability, the Federation works to solve a variety of human rights problems, such as the problem of discrimination, from a corporate perspective. | The organization is operated independently by members (human rights staff). |
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Distribution of Economic Value to Stakeholders
See the following for data on economic value distributed to shareholders.
