Akasaka Tokyo
Akasaka and Tokyo Midtown.

Until recently, the most popular residential neighbourhoods for company presidents were Denenchofu and Seijo, but the latest trends show a preference towards central Tokyo.

Tokyo Shoko Research conducted a survey of 2.67 million companies nationwide and has ranked the most popular residential addresses of company presidents. In top spot was Akasaka in Minato-ku. It was followed by Yoyogi and Nishi Shinjuku. Denenchofu, which had once dominated the chart, had fallen to 18th spot, while Seijo dropped to 13th position.

In 2003, Roppongi was ranked 88th, while Nishi-Shinjuku did not even make the top 100. In 2014, Roppongi was ranked 5th.

One of the reasons for the shift to Akasaka and Shinjuku is the proximity to company offices, as well the development of a number of large scale office and residential projects. The population of Akasaka increased by 62% between 2003 and 2015. Currently, CEOs represent 12% of the local population.

  • 2003: The Roppongi Hills mixed-use office and residential development opened near Roppongi Station.
  • 2007: Tokyo Midtown, a mixed-use complex containing office, retail, apartments and the Ritz Carlton Hotel, opened in Akasaka, near Roppongi Station.
  • 2008: Akasaka Sacas, a retail/office complex, opened near Akasaka Station.

Roppongi Hills Tokyo Midtown
[Left] Roppongi Hills, [Right] Tokyo Midtown.
In 2014, the most popular wards in Tokyo for CEOs were:

  • [1] Setagaya: 34,913 CEOs
  • [2] Minato: 21,310
  • [3] Ota: 20,275
  • [4] Nerima: 19,469
  • [5] Suginami: 17,431
  • [6] Shinjuku: 17,047
  • [7] Shibuya: 16,774
  • [8] Edogawa: 15,820
  • [9] Adachi: 15,419
  • [10] Meguro: 13,794

Nationwide Rankings

2003 Rank CEOs 2014 Rank CEOs
[1] Denenchofu, Tokyo 532 [1] Akasaka, Tokyo 2,103
[1] Seijo, Tokyo 532 [2] Yoyogi, Tokyo 1,777
[3] Oizumi-gakuencho, Tokyo 495 [3] Nishi Shinjuku, Tokyo 1,763
[4] Minami Aoyama, Tokyo 482 [4] Minami Aoyama, Tokyo 1,697
[5] Kameido, Tokyo 454 [5] Roppongi, Tokyo 1,679
[6] Kamisu, Ibaraki 451 [6] Takanawa, Tokyo 1,673
[7] Okusawa, Tokyo 447 [7] Ojima, Tokyo 1,525
[8] Ryuo, Yamanashi 443 [8] Shinjuku, Tokyo 1,516
[9] Fuchu, Hiroshima 428 [9] Kameido, Tokyo 1,508
[9] Ojima, Tokyo 428 [10] Mita, Tokyo 1,474
[11] Kugahara, Tokyo 419 [11] Hiroo, Tokyo 1,413
[11] Hayama, Kanagawa 419 [12] Jingumae, Tokyo 1,404
[13] Honkomagome, Tokyo 417 [13] Seijo, Tokyo 1,399
[13] Todoroki, Tokyo 417 [14] Minamiazabu, Tokyo 1,394
[15] Kannabe, Hiroshima 409 [15] Fukasawa, Tokyo 1,316
[16] Yoyogi, Tokyo 401 [15] Okusawa, Tokyo 1,316
[17] Nakagawa, Fukuoka 399 [17] Ebisu, Tokyo 1,300
[18] Takanawa, Tokyo 397 [18] Denenchofu, Tokyo 1,299
[19] Jingumae, Tokyo 380 [19] Shimouma, Tokyo 1,289
[20] Akasaka, Tokyo 377 [20] Shibaura, Tokyo 1,282
Seijo Tokyo
Seijo, Setagaya-ku, Tokyo.
Denenchofu Tokyo
Denenchofu, Ota-ku, Tokyo.

Source: The Nikkei Shimbun, August 21, 2015.

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