Huser
Encyclopedia

Huser was a Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

ese real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...

 agency
Real estate broker
A real estate broker, real estate agent or realtor is a party who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to buy...

 (a developer) based in Ōta
Ota, Tokyo
is one of the 23 Special wards of Tokyo, Japan.As of May 1, 2011, the ward has an estimated population of 676,458, with 348,492 households, and a population density of 11,376.69 persons per km²...

, Tokyo
Tokyo
, ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...

 which developed and sold condominium
Condominium
A condominium, or condo, is the form of housing tenure and other real property where a specified part of a piece of real estate is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights...

s. Its founder and chairman was Susumu Ojima
Susumu Ojima
is a Japanese entrepreneur who was a founder and chairman of Huser Co., Ltd.In 2005, he became the focus of attention in a scandal involving architectural forgery....

. Its capital
Capital (economics)
In economics, capital, capital goods, or real capital refers to already-produced durable goods used in production of goods or services. The capital goods are not significantly consumed, though they may depreciate in the production process...

 was two hundred eight million yen (2005) and its sales were twelve billion four hundred million yen as of March, 2004.

Company history

  • 1982 - It was established (恒和不動産株式会社, Kōwa Real Estate Co., Ltd)
  • 1983 - It was renamed to Apartment Distribution Center
    Distribution center
    A distribution center for a set of products is a warehouse or other specialized building, often with refrigeration or air conditioning, which is stocked with products to be redistributed to retailers, to wholesalers, or directly to consumers. A distribution center is a principal part, the order...

     Co., Ltd
    . (株式会社マンション流通センター)
  • 1985 - It was renamed to Housing Center Co., Ltd. (株式会社ハウジングセンター)
  • 2003 - It was renamed to Huser Co., Ltd. (株式会社ヒューザー) The company name "Huser" is an abbreviation of "HUman USer ".
  • 2005 - The falsification of structural earthquake resistance data by Huser was discovered in some of the condominiums it sold. The purchase of Seishin Oriental Hotel from Daiei
    Daiei
    , based in Kobe, is one of the largest supermarket chains in Japan. In 1957, Isao Nakauchi founded the chain in Osaka near Sembayashi Station on the Keihan train line. Daiei is now under a restructuring process supported by Marubeni Corporation and ÆON Co., Ltd., another Japanese supermarket chain....

     by Huser was decided just before this, but it was canceled. Huser was forced into a suspension of business.
  • January 31, 2006 - On the 31st, it evacuated the main office from the top floor of Pacific Century Place in Marunouchi
    Marunouchi
    Marunouchi is a commercial district of Tokyo located in Chiyoda between Tokyo Station and the Imperial Palace. The name, meaning "inside the circle", derives from its location within the palace's outer moat...

    , Chiyoda
    Chiyoda, Tokyo
    is one of the 23 special wards in central Tokyo, Japan. In English, it is called Chiyoda ward. As of October 2007, the ward has an estimated population of 45,543 and a population density of 3,912 people per km², making it by far the least populated of the special wards...

    . The next day, it moved the main office to Ota, Tokyo.
  • February 16, 2006 - Declared bankruptcy
    Bankruptcy
    Bankruptcy is a legal status of an insolvent person or an organisation, that is, one that cannot repay the debts owed to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor....

     by the Tokyo District Court
    Tokyo District Court
    is a district court located at 1-1-4 Kasumigaseki, Chiyoda, Tokyo, Japan. -References:...

    .

External links

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