Dentsu to build new corporate HQ

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TOKYO -- Dentsu Inc., Japan's largest advertising agency, has announced plans to build a new headquarters following its successful bid for a plot of land in Tokyo. Dentsu's current headquarters was built in 1967 to house 2,156 employees out of a total workforce of 4,317. Today, 4,500 staff work in the headquarters building out of a total workforce of 5,820. The headquarters is spread out over 10 buildings, eight of which are leased.

By the year 2002, Dentsu plans to build a new headquarters on the site of Shiodome Cargo Terminal A Plot, which it bought this week from the Japanese National Railways Settlement Corp. The 1.72-hectare plot of land is southwest of the Shiodome Cargo Terminal in Shiodome Ward and is one of the few large-scale development areas in Tokyo.

Copyright February 1997, Crain Communications Inc.

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