City Development/Regional Revitalization
City Development
Fukui Station Railway Street North District B Block Type 1 Urban Redevelopment Project (LEBEN Fukui Chuo ARCGATE)
“The Fukui Station Railway Street North District B Block Type 1 Urban Redevelopment Project,” in which Takara Leben participated as a participating member of the redevelopment cooperative, was completed in January 2026.
Located in the central urban area in front of Fukui Station, this redevelopment district has developed into one of the prefecture’s leading commercial areas since the early 1950s. However, in recent years, it has faced serious challenges such as aging buildings, an increase in vacant stores, and the advancement of a super-aging society. This project aims to resolve these issues by promoting rational and sound high-level land use and fundamentally renewing urban functions.
Inside the building, it integrates commercial, medical, and residential functions. The first floor houses an izakaya and a bakery café, while the second floor houses medical and welfare facilities such as an internal medicine clinic and day rehabilitation center, supporting daily convenience and peace of mind. On the 3rd-10th floors of this facility, there is the “LEBEN Fukui Chuo ARCGATE;” which our company oversees with a total of 62 units, proposing a new lifestyle in Fukui as an urban residence that fully enjoys the high convenience of the station area.
Furthermore, this redevelopment project also plays a role in connecting Fukui's history and culture to future generations. In the "marunouchi TERRACE" plaza developed within the site, benches have been installed that are made from processed and reused "Shakudani stone," a rare type of stone unearthed in this redevelopment area and also used in the stone walls of Fukui Castle. In addition, the exterior wall tiles of the building incorporate a color scheme reminiscent of the beautiful green of Shakudani stone, demonstrating a design that cherishes the memory of the region. We aim for this new space of vibrancy and relaxation to contribute to the further revitalization of the city center.
Odawara Station-front Condominium Reconstruction Project (LEBEN ODAWARA THE TOWER)
MIRARTH HOLDINGS has been participating in the "Odawara Station-front Joint Building Condominium Reconstruction Project" in Odawara City, Kanagawa Prefecture since 2017 as a participating member of cooperative and project collaborator. In June 2024, the "LEBEN ODAWARA THE TOWER," a mixed-use project integrating residential and commercial facilities with medical and commercial facilities, was completed.
This project was undertaken to rebuild the so-called "Shinkansen Building," originally constructed in 1975, which had structural issues in terms of earthquake resistance. Since joining in 2017, the Odawara Station-front Condominium Redevelopment Association, of which the Company (then operating under the name Takara Leben) is a part, has obtained a "Rebuilding Resolution" based on the Act on Building Unit Ownership and recognition under the "Project for the Development of Quality Buildings." Demolition and new construction proceeded in accordance with the approved plans. Located just a one-minute walk from the west exit of “Odawara Station,” where the JR Tokaido Shinkansen and other lines operate, the property offers both an exceptional location and asset value. With 190 units in total, it is the largest and tallest residential development in the area,* designed as a high-grade residence.
- * This is the first-ever condominium within a one-minute walk from Odawara Station among those developed since 1993. It is also the largest in scale with 190 units, and the tallest at 17 stories (Source: MRC data, based on condominium records surveyed and collected from January 1993 to March 15, 2021.)
Development of High-Quality Buildings Project in the Odawara City Sakaemachi 2-Chome Central District
MIRARTH HOLDINGS is advancing the "Development of High-Quality Buildings Project in the Odawara City Sakaemachi 2-Chome Central District*," in Odawara City, Kanagawa Prefecture, and is working to create a “vibrant and peaceful downtown revitalization.”
In this project, we developed a mixed-use facility that integrates commercial and residential use. "LEBEN Odawara SKYS THE TOWER" features a sophisticated design that serves as a landmark of the city, incorporating excellent earthquake resistance, disaster prevention, and environmentally conscious spatial design. In the low-rise commercial area (approximately 2,900 square meters), tenants will be attracted to create continuity with the shopping street, fostering close community formation with nearby shopping and neighborhood associations, and mutually enhancing circulation and convenience to serve as a hub for people's interaction. Additionally, on the mid- and high-rise floors, 286 housing units (as of April 2026) will be provided, featuring shared facilities focused on residents' comfort and offering views of Odawara Castle, Sagami Bay, and the Tanzawa mountain range, aiming to increase the permanent population in the central urban area of Odawara. The construction of the new building began in November 2024, with completion scheduled for March 2028. In March 2026, a media press conference for the condominium gallery was held. The conference included greetings from Takara Leben executives and staff, a property explanation, a Q&A session, and a tour of the model rooms.
In Odawara City, the local government has established its "Basic Policy for Urban Corridor Development," which aims to "revitalize the city center of vibrancy and comfort – creating a city that people want to visit (increasing the exchange population) and a city where people want to live (increasing the resident population)." At the same time, the city's central area faces challenges such as the decline of the retail sector, abandoned bicycles, and aging buildings. Through this project, the MIRARTH HOLDINGS Group is working to address these issues while also promoting the sustainable urban revitalization that Odawara envisions.
- * Development of High-Quality Buildings Project: A program established by the Ministry of Land, Infrastructure, Transport and Tourism to support the development of high-quality buildings that contribute to the improvement of urban environments and the supply of well-planned urban housing. The initiative promotes more efficient and collaborative land use in city centers.
Urban Redevelopment Project in Machikatamachi and Toriyokocho First District, Numazu City, Shizuoka Prefecture
In January 2025, Takara Leben and Fujita Corporation formed a consortium and signed a specific business agency agreement with the Urban Redevelopment Association of the Machikatamachi and Toriyokocho First District in Numazu City, Shizuoka Prefecture.
This project is a redevelopment initiative aimed at revitalizing part of the historic arcade shopping district, which was established in 1954 as Japan's first fire-resistant and communal architectural shopping street, aiming to revitalize the city center. After demolition work in October 2024, new construction began in October 2025, with completion scheduled for September 2028.
The new building will have 10 floors above ground and 1 basement floor. The first floor will house commercial shops and a community open space, while the second to tenth floors will contain 105 residential units. The community open space on the first floor will be open to the public as an open space continuous with the shops, and is planned to be used as a place of relaxation for visitors and as a community hub that will create new vibrancy in the area.
In conjunction with this redevelopment project, we have also introduced the "Streetscape Environment Improvement Project" to renew the public spaces of the arcade and surrounding roads. Discussions are being held with the Numazu City government, along with not only the members of this redevelopment association but also stakeholders from other block redevelopment projects and people from the shopping district, regarding the improvement and maintenance methods of the pedestrian space in front of the facility.
Our group will work in close cooperation with land and building rights holders and local governments to address urban challenges and improve livability, while contributing to urban regeneration through the creation of safe, secure, and attractive communities.
Redevelopment Plan for Former Department Store Site
Takara Leben has acquired the former site of the Okajima Department Store, which had been the icon of downtown Kofu since its opening in 1843, and its surrounding land. On this site, the company will develop a mixed-use complex consisting of a tower residence, which marks its third condominium project in the city, commercial facilities, and a self-parking garage.
The facility is planned to include a tower residence, the largest of its kind in Yamanashi Prefecture, as well as next-generation commercial facilities that inherit the “DNA of Okajima,” a plaza capable of hosting events, and a self-parking lot. The project aims to increase the number of “downtown area residents,” including those moving from the city center, and to attract visitors to the central city area, and to serve as a starting point for the circulation of residents and visitors, as well as to develop the central city area in a way that leads to the revitalization of its liveliness.
Kofu Tanabata Festival
Takara Leben has been a sponsor and participant of the Kofu Tanabata Festival in Kofu City, Yamanashi Prefecture since 2023. As part of the ongoing redevelopment of the former Kofu-Okajima Department Store site, we seek to build ties with the local community and contribute to the revitalization of the city.
The Kofu Tanabata Festival is an annual festival held in Kofu City around the time of the Tanabata festival, and is a summer tradition in Kofu City. In 2025, marking our third time participation, approximately 78,000 people visited over three days, and 48 of our employees worked as staff, selling ice cream and frankfurters, which was very well received.
Minamikoiwa 6-chome District Type 1 Urban Redevelopment Project
MIRARTH HOLDINGS, together with Nomura Real Estate Development Co., Ltd. and SHIMIZU CORPORATION, participates as a participating union member and specified business agent in the "Minami-koiwa 6-chome District Type 1 Urban Redevelopment Project" in Edogawa Ward, Tokyo, as a participating member and designated business agent.
To realize the “JR Koiwa Station Area Urban Development Master Plan” formulated by Edogawa Ward in January 2009, this project will renew the area into an urban complex with residential and commercial functions through the advanced use of land. It aims to improve the living environment and community safety and security by creating a sense of circulation and liveliness using the Ring Road which will be developed in the form of connecting the “Minamikoiwa 7-chome West District,” which was completed in 2015 and the “Minamikoiwa 7-chome District,” for which a preparatory association was established in August 2016.
Located at the entrance to the Flower Road shopping street, this project aims to create a facility that will become the new landmark for the JR Koiwa Station area. Taking advantage of its station-front location, the project emphasizes continuity between blocks, and has been developed into three blocks, I to III.
Block I was completed in December 2020, and the commercial building, which has 10 floors above ground and a total floor area of approximately 7,122 square meters, opened to the public in July 2021.
Block II was completed in May 2022. It has 22 floors above ground and 1 basement floor, with a total floor area of approximately 29,148 square meters. In addition to residential units (233 units), it also includes commercial spaces, offices, and parking.
Block III saw the completion of "FIRSTA III/Proud Tower Koiwa Front," with occupancy beginning in March 2026. This building is a mixed-use redevelopment facility with 33 floors above ground and 1 basement floor, totaling approximately 53,153 square meters of floor space. It includes residential units (367 units), commercial spaces, and a public bicycle parking area. A deck on the second floor connects it to the adjacent "FIRSTA II/Proud Tower Koiwa First" (Block II facility building), creating a fitting hub at the entrance to the Flower Road shopping street, to which the Koiwa Station South Exit and the project site belongs, and contributing to the formation of a multi-level pedestrian network.
- * FIRSTA: This is the town name (district name) for each block in this project, and is a coined word consisting of "FIRST = first", "STATION = station/regional hub", and "FESTA = lively atmosphere".
Participation in General Incorporated Association Koiwa Station Area Management Organization KOITTO
Several large-scale redevelopment projects are currently underway in the area surrounding Koiwa Station on the JR Sobu Line, which has been in operation for more than 100 years.
Station Area Management Organization (KOITTO*1) was established as an organization for landowners, developers, residents, users, and others to work together to enliven the new Koiwa area to be reborn through redevelopment. MIRARTH HOLDINGS, which is participating in the Minami Koiwa 6-chome District Type 1 Urban Redevelopment Project, is a special supporting member of KOITTO.
KOITTO is engaged in (1) promotion of projects and events that promote regional cooperation and collaboration, (2) operation and utilization of the “KOITTO TERRACE” area management base, (3) area branding activities in the Koiwa Station area, and (4) consideration of public space utilization in line with the progress of redevelopment.
In Block I of this redevelopment project, "FIRSTA I," the area management hub "KOITTO TERRACE" has been established to promote area management around Koiwa Station.
- *1 KOITTO: A general incorporated association established in November 2020 to engage in area management in the area around Koiwa Station. It was designated as an urban regeneration promotion corporation *2 on March 29, 2022.
- *2 Urban Regeneration Promotion Corporation: Designated by the ward, city, town, or village under the Urban Regeneration Special Measures Act, as a corporation that plays a central role in urban development in areas where the development of public facilities necessary for urban regeneration should be prioritized.
Regional Revitalization
UKIHA RIVERCAMP: A Campsite Repurposing a Former School
Takara Leben has opened UKIHA RIVERCAMP, a new campsite developed in collaboration with VILLAGE INC, a company that plans, develops, and operates camping and glamping sites across Japan. The site makes use of the former Himeji Elementary School building in Ukiha City, Fukuoka Prefecture.
The camp site is situated adjacent to the Kumanoue River and surrounded by lush greenery, offering a natural setting where visitors can experience the unique beauty of the local environment, such as fireflies dancing by the riverside in the summer. It also provides a wide range of content that takes advantage of the features of the former school facility.
This project utilizes underutilized real estate, which had been a regional issue in Ukiha City, and contributes to the revitalization of the city (increasing the number of visitors, promoting tourism, utilizing local specialty products, creating local employment, etc.). In the event of an emergency, the facility can also be used as an evacuation center, contributing to disaster prevention in the region.
Kagoshima Airport Hotel Project
タカラレーベンは、51年にわたる歴史を持つ旧「かごしま空港ホテル」の建替えプロジェクトを始動しました。旧「かごしま空港ホテル」は、鹿児島空港に近接するエアポートホテルとして公共性も高く、鹿児島の玄関口として重要な役割を担ってきました。その意志を受け継ぎ、鹿児島の活性化に貢献できる新ホテル「LEBEN HOTEL KAGOSHIMA AIRPORT」の建設工事に、2025年12月より着手しました。
鹿児島空港から徒歩約9分という利便性の高い立地に、「LEBEN HOTEL KAGOSHIMA AIRPORT」は大浴場を併設した7階建てのホテル棟と、コンビニエンスストアを備えた別棟からなる全143室のホテルを計画しています。ビジネス需要に応えるコンパクトな客室を中心に、一部には多人数利用に対応するツインルームや、ファミリー・三世代旅行を想定したコネクティングタイプも配置し、幅広い滞在ニーズに対応できる構成としています。
地域の皆さまとも連携を図りながら、地域の魅力を活かした新しい価値を創出し、鹿児島の未来を幸せにする、鹿児島のタカラとなるようなホテルを目指します。
- *This diagram is an illustrative image and may be subject to change.
HOTEL THE LEBEN OSAKA
HOTEL THE LEBEN OSAKA, developed by Takara Leben, has received the "Rakuten Travel Gold Award 2025" in the “Rakuten Travel Awards.” At the same time, it was ranked 10th nationwide in the "Rakuten Travel Hotel & Ryokan of the Year 2025," an exclusive honor presented only to the most outstanding properties among all award winners.
" HOTEL THE LEBEN OSAKA" is an urban hotel located in a location suitable for both tourism and business. Guest rooms focus on calm design and comfort, providing a pleasant stay.
In the overall review of Rakuten Travel, the comfort of the facilities was highly praised, and many warm comments were also received about the staff's service and the excellent amenities, earning the trust of many customers due to the high quality of both hardware and software.
Hiokayama Park Redevelopment, Lively Center Creation, Management and Operation Project
MIRARTH Holdings is pleased to announce that a group in which the Company participates has been selected as a business operator and has signed a basic agreement with Kakogawa City, in the "Hiokayama Park Redevelopment, Lively Center Creation, Management and Operation Project" promoted by Kakogawa City, Hyogo Prefecture.
The purpose of this project is to improve the attractiveness of "Hiokayama Park" in Kakogawa City, Hyogo Prefecture, create further liveliness, and build a sustainable and developmental management and operation system. Kakogawa City is advancing comprehensive park development and management through public-private collaboration by integrating "Park-PFI *," "designated management operations of the entire park," and "Design Build (DB) of the first phase development area."
We aim to contribute to new value creation of the park and revitalization of the local community.
- * Park-PFI: "Park-Private Finance Initiative." A new method of developing and managing urban parks that utilizes the funds and expertise of private companies through public solicitation.
Chuo Ward Sakuragawa Park Public-Private Partnership Project
当社が代表企業を務める企業グループ「つむぐ桜の森パートナーズ」は、東京都中央区が公募した「中央区立桜川公園官民連携事業（Park-PFI事業）」の設置等予定者に選定されました。
桜川公園は、江戸時代に通船のための水路として開削された「八丁堀」が埋め立てられた跡地に整備された公園です。多目的広場、遊具、花壇等があり、多くの住民に愛されてきましたが、施設の老朽化などで再整備時期を迎えたため、桜川公園全体の再整備を行うこととなりました。
「つむぐ桜の森パートナーズ」は、代表企業MIRARTHホールディングスをはじめとする6社で構成された団体です。6社が協働して携わる再整備事業では、公園利用者を中心に、人、自然、地域、多様な価値観やニーズをつむぐ空間の創出を目的として、「つむぐ」をコンセプトワードに捉え、「人と自然をつむぐ」「人と人をつむぐ」「人と地域をつむぐ」の3つの実施方針を定めています。公園整備と公園運営を一体で考えることにより、地域の魅力的な場所となり、長期的な地元コミュニティのハブとなることを目指します。
| Participation system | Company Name | Responsibilities |
|---|---|---|
| Representative Company | MIRARTH HOLDINGS, Inc. | Ownership, management, and operation of publicly solicited park facilities |
| Partnership Companies | UDS Ltd. | Detailed design services for specified park facilities, and design services for publicly solicited facilities |
| MORI LANDSCAPE ARCHITECTS INC. | Detailed design services for specified park facilities | |
| KATABAMI CORPORATION | Development services for specified park facilities | |
| MIRARTH Architect Co., Ltd. (formerly Leben Home Build Co., Ltd.) | Construction of publicly solicited park facilities | |
| PRIME PLACE CO., LTD. | Planning and operation projects for specified park facilities |
AQUAIGNIS AWAJISHIMA
Takara Leben and MIRARTH Asset Management are participating in the "AQUAIGNIS AWAJISHIMA" (Awaji City, Hyogo Prefecture) project, a complex natural hot spring resort. This facility is the first Park-PFI project in Japan to be certified as a national park.
We believe that this project will contribute to regional revitalization and increase the value of the region as a new business scheme in cooperation with not only local governments but also other industries. Takara Leben and MIRARTH Asset Management decided to invest in the project because it is located at the northern end of Awaji Island, with excellent access from the Kansai region, making the island a destination, which had been a transit point; and it has the same potential as “AQUAIGNIS “ and “VISON” in Mie Prefecture, where AQUAIGNIS Inc. already operates.
We will continue to work hand in hand with national parks, as we do in this project, to find better ways of public-private partnerships, as we strive to develop the tourism industry on Awaji Island and revitalize the region.
Responding to Globalization
Our group is advancing initiatives that contribute to regional revitalization and urban development through living not only in Japan but also overseas. Going forward, we will continue to contribute to creating livable environments overseas, focusing on New built-for-sale condominium businesses rather than just expanding our business in the Philippines, Thailand, and Vietnam.
Furthermore, we have established a local subsidiary in Cambodia to enter the biomass fuel business utilizing cashew nut shells. Our aim is to contribute to Cambodia's economic development by expanding local employment and improving labor productivity through the introduction of Japanese manufacturing operation technology, while also promoting the diversification of our business portfolio by expanding our business bases overseas from those previously limited to Japan.
"ANARA," Detached Housing Project in the Philippines
Takara Leben has partnered with OVIALAND, INC., a developer specializing in detached housing developments primarily in San Pablo City, Laguna Province, Republic of the Philippines, to participate in "ANARA," their third detached housing project in the Philippines.
This project is a detached housing development in Baliwag City, Bulacan Province, located 73 km north of Manila, the capital of the Philippines. Bulacan Province is adjacent to Metro Manila and boasts the second largest population in the country with approximately 3.7 million people, with Baliwag City being the second largest city within the province.
Due to soaring housing prices in the metropolitan area, demand is shifting to the suburbs, and this project is located in an area that allows for commuting to Metro Manila. The city center has a concentration of essential infrastructure such as shopping malls, schools, and hospitals, and infrastructure development is progressing in the suburbs, including the new Manila International Airport (scheduled to open after 2028) and the railway network (MRT-7, North-South Commuter Railway, etc.), which is expected to further increase the potential of the area as a commuter town. This project will include 276 detached houses (92 single-attached houses and 184 quad houses) on a site with a total area of 43,299.67 square meters, as well as shared facilities such as a clubhouse, and sales are scheduled to begin after April 2026.
“Sentro,” Detached Housing Project in the Philippines
Takara Leben participated in the second detached house project in the Philippines, "Sentro," in collaboration with OVIALAND, INC.
This project involves the development of detached homes in San Pablo City, Laguna Province, located about 80 kilometers southeast of Manila, the capital of the Philippines. Laguna Province is known as a commuter town for those working in Metro Manila and nearby industrial parks. The project enjoys a prime location just a 10-minute drive from central San Pablo. With convenient access to commercial facilities such as “SM Mall,” it offers a highly livable and well-connected environment.
Construction began in November 2024, and handover started in October 2025. A total of 758 units, including detached houses and townhouses (with shared facilities such as a clubhouse), have been completed on a site with a total area of 92,808 square meters.
Detached Housing Development in San Pablo City, the Philippines
Takara Leben is participating in the "SAVANA SOUTH PROJECT," a detached housing development in San Pablo City, the Philippines, in collaboration with OVIALAND, INC. This marks the Group's third overseas residential development, following condominium projects in Vietnam and Thailand.
The project is a detached housing development in San Pablo City, Laguna Province, located approximately 80 kilometers southeast of Manila, the capital of the Philippines. Laguna Province serves as a commuter town for those working in Metro Manila and nearby industrial parks. The development covers a total of approximately 6.5 hectares and will offer a total of 657 homes. Construction began in January 2024, with handovers starting in December 2024.
In the Philippines, where economic growth and population increase are expected, housing demand is rising, and a housing shortage is anticipated at the current pace of housing supply. Based on the real estate development technology we have cultivated in Japan, our Group is committed to meeting local housing needs in the Philippines and contributing to urban development.
“Modiz Vault Kaset Sripatum,” Condominium Project in Thailand
Takara Leben and Takara Leben Thailand have partnered with ASSETWISE PUBLIC COMPANY LIMITED to jointly participate in "Modiz Vault Kaset Sripatum," our fourth condominium development in Bangkok, Thailand.
Located in the "Lat Yao area" of Chatuchak District, approximately 9 kilometers northeast of central Bangkok, this new built-for-sale condominium spans a site area of 8,592 square meters. The development comprises two reinforced concrete buildings, one with 21 floors and the other with 7, proudly offering a total of 798 units, including 11 commercial spaces.
Furthermore, its convenient location, just an 8-minute walk from BTS Green Line's "Bang Bua" station, provides direct access to Bangkok's central "Siam" station in approximately 30 minutes. Moreover, it is situated in the same area as "Kave Seed Kaset," the second joint project with ASSETWISE, and is adjacent to Kasetsart University, making it an ideal location for students. Due to its excellent location and rich educational environment, this project is attracting attention not only from students but also from other prospective buyers. Handover is scheduled to begin in June 2026, with full completion planned for August of the same year.
Thai Detached Housing Project "Malton Reserve Pinklao-Kanchana"
Takara Leben has joined the "Malton Reserve Pinklao Kanchana" project in collaboration with Major Development Public Company Limited (MJD). This marks our fifth project in Bangkok, Thailand, and our first entry into the detached housing market in the city.
Located in Thawi Watthana District, about 15 kilometers west of central Bangkok, the project spans a site area of 21,913 square meters. Plans include 25 detached homes along with shared facilities such as a clubhouse. The project area offers excellent residential convenience, being approximately a 10-minute walk from the main road, Kanchanaphisek Road, and nearby commercial centers. Lak Song Station on the MRT Blue Line is also about a 10-minute drive away, providing access to Silom Station in central Bangkok in around 25 minutes.
Furthermore, this area is subject to urban planning regulations that stipulate a minimum lot size of 400 square meters per house, and there are also height restrictions. As a result, unlike the cluster of skyscrapers in the city center, it is characterized by an orderly streetscape thanks to the spacious plots of land.
Condominium Project in Thailand “Atmoz Flow Minburi”
Takara Leben and Takara Leben Thailand are working on the condominium business "Atmoz Flow Minburi" in collaboration with ASSETWISE PUBLIC COMPANY LIMITED, a developer in Bangkok, Thailand, which is involved in a number of development projects.
"Atmoz Flow Minburi" is a newly built condominium for sale in Minburi District, approximately 20 km northeast of central Bangkok, completed in November 2023. The property boasts a site area of 9,652 square meters and consists of three eight-story reinforced concrete buildings with a total of 739 units. The property is also located about an 8-minute walk from the “Minburi Market” Station on the New Pink Line, which opened in January 2024, and is conveniently located near the main street that circles Bangkok. With 35 common facilities including an outdoor swimming pool, communal kitchen, co-working space, and open-air library, residents can spend their time exercising, relaxing, or working to suit their diverse lifestyles.
Within the area of the project, "Mingle Hill Minburi, " a commercial facility owned and operated by ASSETWISE, has also opened and is used not only by residents but also by nearby residents. In the future, new condominiums will be developed for sale in four phases in the "Wise Park Minburi" where the project is located.
Haiphong, Vietnam "THE MINATO RESIDENCE"
"THE MINATO RESIDENCE" is the first large-scale condominium development project (site area 12,760 square meters/26 floors above ground/924 units) in Hai Phong, Vietnam's third most populous city, where development, construction, and management are all handled by Japanese companies, with Takara Leben and Fujita Corporation in charge of development and construction, and Leben Community Vietnam management.
In the new urban area "Water Front City," which is expected to continue to grow economically and develop commercially, the south wing was completed in November 2021, the north wing in February 2024, and the central park in April 2024 as a complex condominium with commercial facilities, and "THE MINATO RESIDENCE" was completed.
Cambodia Cashew Nut Related Business
MIRARTH Energy Solutions established MIRARTH Agri Tech Co., Ltd. (local subsidiary in Cambodia) to enter the biomass fuel business utilizing cashew nut shells from Cambodia.
By building a local factory, we aim to expand local employment and improve labor productivity through the introduction of Japanese manufacturing operation technologies, contribute to Cambodia's economic development, where GDP per capita is about one-twentieth of Japan's, and expand business bases, previously limited to Japan, overseas, thereby promoting diversification of our business portfolio.
Participation in the Biomass Fuel Production Business
This project aims to extract “cashew nut shell liquid oil (CNSL),” a plant-derived liquid fuel produced from cashew nut shells with potential applications such as a heavy oil alternative, and utilize it as a biomass fuel.
Furthermore, to promote the efficient use of the “extracted cashew nut shell residue” as a solid biomass fuel, we are verifying its biomass fuel utilization efficiency with subsidies provided by the Japan Cooperation Center for Petroleum and Sustainable Energy (JCCP).
We are developing a system that utilizes cashew nut shells to generate energy from both the extracted liquid fuel and the residue, ensuring that nothing goes to waste and that resources are recycled.
Cashew Nut Processing and Sales Business
本事業では、カシューナッツの加工・販売を行っています。2024年6月、カンボジア農林水産省農業産業局主催の「Cashew Nuts Outstanding Processors Competition in 2024」において、現地工場で生産したカシューナッツが衛生管理の徹底と製造ライセンスの取得が高く評価され、「名誉賞」を受賞しました。また、同年11月にはオランダに本拠を置くNuts2 B.V.とカシューナッツの出荷に関する契約を締結し、カンボジアからヨーロッパへの継続的出荷を実現。20フィートコンテナ1本あたり約16トンを輸出しました。
2025年にはカンボジア王国商業省で、カシューナッツ事業に関する「LOI（Letter of Intent：意向表明書）」調印式を開催するとともに、MIRARTHグリーンテックも販売会社との「MOU（Memorandum of Understanding：基本合意書）」に関する調印式を開催し、カシューナッツ事業推進の販売協定を締結しました。さらに同年8月からはMIRARTH グリーンテック製造元のカンボジア産カシューナッツを全国のファミリーマートで発売しています。
