KAKEN assumed ownership of land in Bunkyo ward, Tokyo from the Institute of Physical and Chemical Research (Riken) when the Company was established in 1948, and has set up its Head Offiece, factory and research laboratory. In 1989, the Honkomagome Improvement Plan was initiated to redevelop this property as a multi-purpose complex consisting of offices and residential and commercial facilities. Bunkyo Green Court was completed in 1998, and KAKEN conducts business activities from its Head Office located in the office building.
The Real Estate Business's main revenue is rental income from Bunkyo Green Court, and complements KAKEN's core pharmaceuticals business as a stable source of revenue.
