# NTT Docomo sold two plots of land in central Tokyo for about ¥59 billion ($371 million) The mobile phone operator sold the land to Sumitomo for around ¥50 billion.

*business · news · 2026-05-25 · The Japan Times*

## Key points

- NTT Docomo sold two central Tokyo land plots for approximately ¥59 billion ($371 million).
- Sumitomo paid around ¥50 billion for land surrounding a building in Hitotsubashi, Chiyoda Ward.
- Japan Post Real Estate acquired land under a building in Shinjuku for about ¥9 billion.
- NTT Docomo retains ownership of the buildings on the sold land plots.

**Companies:** NTT Docomo, Sumitomo, Japan Post Real Estate
**Countries:** Japan

[Read the full story on The Japan Times](https://www.japantimes.co.jp/business/2026/05/25/companies/ntt-docomo-land-sale/)

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