Sumitomo : “Terrace Square,” a New Complex in the Kanda Area, Completed
May 12, 2015 at 10:13 pm EDT
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May 13, 2015
Hakuhodo Inc.
Sumitomo Corporation
Mitsui Sumitomo Insurance Co., Ltd.
Taishukan Publishing Co., Ltd.
Yasuda Real Estate Co., Ltd.
"Terrace Square" is a complex comprising 17 stories above ground and two below ground featuring commercial facilities, conference halls, and offices. Informal agreements have been reached with tenants for about 80% of the floors in the Office Zone (4th-17th floors). The tenants, consisting of five companies, including Pacific Consultants Co., Ltd. and Asahi Kasei Amidas Corporation, are expected to start moving in from this coming July. The commercial zone on the 1st and 2nd floors will house a total of ten stores, which will open on May 15, together with the conference halls on the 3rd floor.
Terrace Square will provide office space equipped with the latest functionality and create a verdant and bustling space for the community that will add new appeal to the Kanda area.
Sumitomo Corporation is a diversified group organized around 7 areas of activity:
- retail distribution of consumer goods (24.4% of net sales): food products, apparel and accessories, pharmaceuticals, building materials, household and decorative items, etc. The group is also developing a real estate business;
- trading of hydrocarbon, mining, chemicals and electronics products (24%): oil, natural gas, copper, gold, silver, zinc, lead, nickel, coal, iron ore, resins, pesticides, petrochemical products, etc.;
- trading of steel products and non ferrous metals (20%): flat and long steel products, tubular products, aluminum products, titanium, etc.;
- distribution of transportation and construction systems and equipments (15.1%): spatial equipments, landing fields, forest machines, motorcycles, mining operating vehicles, etc.;
- telecommunications and multimedia products and services supplies (8.8%): TV wiring, data communication solutions, film distribution services, mobile telephony, Internet access and computing services;
- development and implementation of civil engineering infrastructures (7.6%): power plants, wastewater treatment units, industrial plants, telecommunications centers, etc. The group is also providing logistics services;
- other (0.1%).
SUMITOMO CORPORATION 
