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Chelsea Japan Co., Ltd. Who We Are
Chelsea Japan Co., Ltd. is a joint venture between an US outlet developer, Chelsea Property Group, a division of Simon Property Group, Inc. and Mitsubishi Estate Co., Ltd.. Chelsea Japan focuses on developing, owning and managing high-quality outlet shopping centers in Japan.
Chelsea Property Group, a division of Simon Property Group, Inc. owns and manages a network of Premium Outlet Centers® in major cities around the United States, including Woodbury Common Premium Outlets® outside New York, Desert Hills Premium Outlets® outside Los Angeles and Waikele Premium Outlets® not far from Honolulu (Hawaii) and centers in Korea and Mexico.
At the present time, Chelsea Japan operates eight Premium Outlet Centers® in Japan. Gotemba Premium Outlets®, Chelsea Japan's flagship center in Shizuoka prefecture, opened on July 13, 2000, a second phase expansion opened in July 2003, and a third phase opened in the March of 2008. Rinku Premium Outlets® in Osaka prefecture opened on November 23, 2000, followed by two subsequent expansions in March 2002 and December 2004. Sano Premium Outlets® in Tochigi prefecture opened on March 14, 2003, with a second, third, and fourth phase opening in July 2004, March 2006 and July 2008 respectively. Tosu Premium Outlets® in Saga prefecture opened on March 12, 2004 and an expansion opened in December 2007. Toki Premium Outlets® opened in Gifu prefecture on March 4, 2005, followed by a second phase opening in October 2006. Kobe-Sanda Premium Outlets® in Kobe, Hyogo prefecture, opened on July 6, 2007 and an expansion opened in December 2009. Sendai-Izumi Premium Outlets® in Sendai, Miyagi prefecture, opened on October 16, 2008. Ami Premium Outlets® in Ibaraki prefecture, opened on July 9, 2009.
Chelsea Japan aims to develop Premium Outlet Centers® all over Japan, based on the concept of enabling visitors to enjoy shopping at leisure all day in exotic, out-of-the-ordinary surroundings.
Company Profile
- Company Name
- Chelsea Japan Co., Ltd.
- Paid-in capital
- 499,000,000yen
- Ownership Percentage
- Chelsea Property Group, a divison of Simon Property Group, Inc. 40%
Mitsubishi Estate Co., Ltd. 60% - Date of establishment
- July 2, 1999
- Head office address
- 3-2-3 Marunouchi, Chiyoda-ku, Tokyo 100-0005, Japan
- Officers
-
Chairman and Representative Director John R. Klein
President and Representative Director Toshihide Yoshimura
Senior Managing Director Kazushige Okuma
Managing Director Nobuyuki Abe
- Activities
- Development, ownership and management of Premium Outlet Centers® in Japan
- Main Bank
-
Development Bank of Japan
The Bank of Tokyo-Mitsubishi UFJ
Mizuho Bank
