News Feed Item

Ofunato City Unveils New Landmark

Ofunato Onsen Hotel to give locals relaxation space and revitalize tourism product

Tokyo, July 23, 2014 - (JCN Newswire) - Local hotelier, Kairakuso, Ltd opens a new hotel in Ofunato, Iwate Prefecture on July 31. The opening of the hotel, Ofunato Onsen, is being made possible through a contribution of 50 million yen in loan funds from the Mitsubishi Corporation Disaster Relief Foundation (MCDRF). These funds complement support already being provided by The Bank of Iwate, a local financial institution.

At a mere three minutes' drive from the Sanriku Expressway's Goishi Coast Interchange, Ofunato Onsen Hotel offers a panoramic view of the Pacific Ocean. The hotel's natural hot springs, or onsen, are said to be good for neuralgia, arthritis and chronic gynecological conditions. Beyond the therapeutic value of the onsen's waters, dynamic dishes made from fresh seafood caught by the hotel owner himself, who has a commercial fishing license, is also a special feature of Ofunato Onsen. In addition, the new hotel is adopting a firewood boiler system, which makes use of locally produced wood, thereby contributing to the local forestry industry. The opening of Ofunato Onsen also creates some 30 jobs and is expected to have a ripple effect on the local economy. Aiming to host 50 thousand guests annually, the hotel also doubles as a relaxation space for local residents as well as a hub for the region's tourist industry.

MCDRF's support to Ofunato Onsen was decided on the basis of its potential to create employment and because of the contribution it will make to reviving the local economy. Three years and four months have passed since the Great East Japan Earthquake, but recovery efforts are still underway in areas that suffered severe damage. MCDRF will continue to collaborate with local financial institutions such as The Bank of Iwate to support efforts aimed at the revitalization of industry and employment creation, and overall economic recovery in areas affected by the disaster.

Reference Information

Ofunato Onsen Hotel

Address:29-1, Ofunato-cho Aza Marumori, Ofunato, Iwate

Access:3 minutes by car from Sanriku Expressway's Goishi Coast Interchange

Tel:(+81) 0192-26-1717

No.of Rooms:

69 (plus 4 banquet halls)

2nd floor, 10 rooms

3rd floor, 20 rooms

4th floor, 20 rooms

5th floor, 19 rooms

No. of Guests: 230

Room Rate:7,500 yen (plus tax) per night with two meals


94 parking spaces (including 10 for buses)

2 natural hot spring public baths;

2 open-air baths; 2 medicinal baths

Kairakuso, Ltd

1. Headquarters: 221-2, Suezaki-cho Aza Ohama, Ofunato, Iwate
2. Date Established:May 2012
3. Capital:75 million yen
4. Business Activities:Management of hotels; seaweed sales
5. Representative: Yutaka Shida, Representative Director

The Bank of Iwate, Limited

1. Headquarters:1-2-3 Chuo-dori, Morioka-shi, Iwate, Japan
2. Date Established:May 2, 1932
3. Capital:12 billion yen
4. Business Activities:Banking and other services
5. Representative:Yukio Taguchi, President and Representative Director

Mitsubishi Corporation Disaster Relief Foundation

1. Headquarters: 2-3-1 Marunouchi, Chiyoda-ku, Tokyo
2. Date Founded: March, 2012 (became a foundation May 2012)
3. Endowment: 6 billion yen
4. Purpose: To contribute to the recovery of regions affected by the Great
East Japan Earthquake through the provision of scholarships and grants for NPOs and social welfare corporations, as well as for recovery of industry and job creation.
5. Representatives:
- Chairman, Ken Kobayashi (President and CEO, Mitsubishi Corporation)
- Deputy Chairman, Yasuhito Hirota (Senior Executive Vice President, Mitsubishi Corporation
- Executive Director, Yoshiyuki Nojima (General Manager, CSR and Environmental Affairs Department, Mitsubishi Corporation)

About Mitsubishi Corporation

Mitsubishi Corporation (MC; TSE: 8058) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. MC's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods. With over 200 bases of operations in approximately 80 countries worldwide and a network of over 500 group companies, MC employs a multinational workforce of nearly 60,000 people. For more information, please visit www.mitsubishicorp.com.

Source: Mitsubishi Corporation

Mitsubishi Corporation
Telephone:+81 3 3210 2171 
Facsimile:+81 3 5252 7705

Copyright 2014 JCN Newswire. All rights reserved. www.japancorp.net

More Stories By JCN Newswire

Copyright 2008 JCN Newswire. All rights reserved. Republication or redistribution of JCN Newswire content is expressly prohibited without the prior written consent of JCN Newswire. JCN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Coalfire will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Coalfire is the trusted leader in cybersecurity risk management and compliance services. Coalfire integrates advisory and technical assessments and recommendations to the corporate directors, executives, boards, and IT organizations for global brands and organizations in the technology, cloud, health...
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
SYS-CON Events announced today that Transparent Cloud Computing (T-Cloud) Consortium will exhibit at the 19th International Cloud Expo®, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The Transparent Cloud Computing Consortium (T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data proces...
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Governments around the world are adopting Safe Harbor privacy provisions to protect customer data from leaving sovereign territories. Increasingly, global companies are required to create new instances of their server clusters in multiple countries to keep abreast of these new Safe Harbor laws. Is it worth it? In his session at 19th Cloud Expo, Adam Rogers, Managing Director of Anexia, Inc., will discuss how to keep your data legal and still stay in business.
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Successful transition from traditional IT to cloud computing requires three key ingredients: an IT architecture that allows companies to extend their internal best practices to the cloud, a cost point that allows economies of scale, and automated processes that manage risk exposure and maintain regulatory compliance with industry regulations (FFIEC, PCI-DSS, HIPAA, FISMA). The unique combination of VMware, the IBM Cloud, and Cloud Raxak, a 2016 Gartner Cool Vendor in IT Automation, provides a co...
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
SYS-CON Events announced today that Niagara Networks will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...