Nippon Otis Delivers 11 Elevators, Including Digitally Connected Gen3™ Elevators for the Central Tokyo Redevelopment Project in Japan

Nippon Otis Elevator Company (“Nippon Otis”) has been selected to provide 11 elevators for the Tsukishima 3-chome Minami District Type 1 Urban Redevelopment Project in Chuo Ward, Tokyo, Japan undertaken by Mitsui Fudosan Residential Corporation, Nomura Real Estate Development Corporation, and Taisei Corporation. Nippon Otis is the Japanese subsidiary of Otis Worldwide Corporation (NYSE: OTIS), the world’s leading company for elevator and escalator manufacturing, installation, service and modernization.

The approximately 1.0-hectare Tsukishima 3-chome Minami District faces Kiyosumi Street and is located between the Tsukishima Station of the Tokyo Metro Yurakucho Line and the Kachidoki Station of the Toei Oedo Line. The project involves the construction of a 48-story residential building with 744 units in total. Commercial facilities are also planned for the building's lower floors. Additionally, a two-story commercial building with childcare support facilities and a 1,450-square-meter plaza will be developed. The project is expected to be completed in 2028.

Nippon Otis will deliver a total of 11 elevators, including two digitally connected Gen3 elevators. The elevators will be equipped with Otis ONE™ digital technology, which monitors equipment performance 24/7 in real-time, with Internet of Things (IoT) technology collecting and analyzing information. Smart remote monitoring and alert capabilities provide for the pre-emptive detection and resolution of issues, reducing the potential for shutdowns and entrapment.

“We are honored to provide our latest, most innovative elevator solutions for such a major Tokyo project as the Tsukishima 3-chome Minami District Type 1 Urban Redevelopment Project,” said Nippon Otis President Patrick Yeung. “Designed to meet the industry’s most stringent safety standards, our Gen3 smart elevators are equipped with built-in digital connectivity features, and allow us to offer passengers a smooth and comfortable ride.”

To learn more about Otis products and services, visit www.otis.com.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You’ll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more,www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.