ⓘ Marunouchi is a commercial district of Tokyo located in Chiyoda between Tokyo Station and the Imperial Palace. The name, meaning inside the circle, derives from ..

                                     

ⓘ Marunouchi

Marunouchi is a commercial district of Tokyo located in Chiyoda between Tokyo Station and the Imperial Palace. The name, meaning "inside the circle", derives from its location within the palaces outer moat. It is also Tokyos financial district and the countrys three largest banks are headquartered there.

                                     

1. History

In 1590, before Tokugawa Ieyasu entered Edo Castle, the area now known as Marunouchi was an inlet of Edo Bay and had the name Hibiya. With the expansion of the castle, this inlet was filled, beginning in 1592.

A new outer moat was constructed, and the earlier moat became the inner moat. The area took the name Okuruwauchi "within the enclosure".

Daimyōs, particularly shinpan and fudai, constructed their mansions here, and with 24 such estates, the area also became known as daimyō kōji "daimyō alley". The offices of the North and South Magistrates, and that of the Finance Magistrate, were also here.

Following the Meiji Restoration, Marunouchi came under control of the national government, which erected barracks and parade grounds for the army.

Those moved in 1890, and Iwasaki Yanosuke, brother of the founder and later the second leader of Mitsubishi, purchased the land for 1.5 million yen. As the company developed the land, it came to be known as Mitsubishi-ga-hara the "Mitsubishi Fields".

Much of the land remains under the control of Mitsubishi Estate, and the headquarters of many companies in the Mitsubishi Group are in Marunouchi.

The government of Tokyo constructed its headquarters on the site of the former Kōchi han in 1894. They moved it to the present Tokyo Metropolitan Government Building in Shinjuku in 1991, and the new Tokyo International Forum and Toyota Tsusho Corporation now stands on the site. Nearly a quarter of Japans GDP is generated in this area.

Tokyo Station opened in 1914, and the Marunouchi Building in 1923. Tokyo Station is reopened on 1 October 2012 after a 5 year refurbishment.

Much of the area was damaged in the deadly 1974 Mitsubishi Heavy Industries bombing.

                                     

2. Places in Marunouchi

  • Tokyo International Forum
  • Meiji Seimei Kan
  • Mitsubishi Ichigokan Museum, Tokyo
  • Marunouchi Oazo
  • Marunouchi Building
  • Shin-Marunouchi Building
  • Tokyo Central Post Office closed
  • Tokyo Station, the citys main intercity rail terminal
                                     

3. Companies based in Marunouchi

Calbee has its headquarters in the Marunouchi Trust Tower Main. Konica Minolta has its headquarters in the Marunouchi Center Building in Marunouchi.

  • Mitsubishi Corporation
  • Tokio Marine Nichido
  • Nippon Yusen
  • Mitsubishi Heavy Industries
  • The Bank of Tokyo-Mitsubishi UFJ
  • Mitsubishi Electric
  • Mitsubishi Group companies
  • Meiji Yasuda Life Insurance
  • Asahi Glass
  • Tanaka Kikinzoku Group
  • Hitachi
  • Ushio, Inc.
  • Nikko Citigroup
  • Furukawa Electric

Marunouchi also houses the Japan offices of Aeromexico Pacific Century Place Marunouchi, Citigroup, Nikko Cordial, Nikko Citigroup, Banca Commerciale Italiana, Rabobank, JPMorgan Chase, Bank Negara Indonesia, Bank of India, Bayerische Landes Bank, Bloomberg, BT Asia Securities, First National Bank of Boston, KPMG, Latham & Watkins, Mellon Bank, Morgan, Lewis & Bockius, Morrison & Foerster, Overseas Union Bank, Philadelphia National Bank, PricewaterhouseCoopers, Ropes & Gray, Royal Bank of Scotland Group, Royal Insurance, Standard Chartered Bank, Standard & Poors, Deloitte Touche Tohmatsu, Bain & Company.

Japan Airlines used to have its headquarters in the Tokyo Building in Marunouchi.



                                     

4. Rail and subway stations

  • Tokyo Station
  • Nijūbashimae Station Chiyoda Line
  • Otemachi Station