5. Market relocation to Toyosu and redevelopment of Tsukiji

Next, I will speak about the relocation of the Tsukiji wholesale market to Toyosu. With the cooperation of business operators at the market, we were able to decide on the timing of the relocation as mid-October next year. We hope to gain the understanding of the operators to decide on the specific date of relocation as soon as possible.

To open Toyosu Market, we will steadily proceed with a series of procedures, including additional construction work, confirmation by the Expert Council after completion of the work, and obtaining the approval of the Agriculture, Forestry and Fisheries Minister. In addition, we will continue to provide accurate information to business operators at the market and the residents of Tokyo, and then, when the time is right, I will speak about the safety and security of the market myself. We will also actively work to create Toyosu’s own vitality and vibrancy, while exploring ideas together with the local ward and other relevant parties. This includes the “Senkyaku Banrai” shopping and entertainment complex to be built in Toyosu. By taking these steps, we will nurture Toyosu Market into Japan’s vibrant and reliable core wholesale market, and establish a new Toyosu brand.

As for redevelopment of Tsukiji, we launched a study panel in October, which has so far met twice to discuss how to turn Tsukiji into a center for conveying new attractions. The members of the panel, who are experts in a range of fields such as business management, culture, and urban development, will continue studying the matter while exchanging ideas freely. A grand viewpoint on urban development to make Tsukiji a place filled with dreams will be compiled around next May.

We will make good use of both Toyosu and Tsukiji and seek synergistic effects, and, by doing so, create Tokyo’s new attractions and develop the city further.