NYK, jointly with Mitsubishi Estate Co., Ltd. (Head Office: Tokyo; President & CEO: Atsushi Nakajima) and Kajima Corporation (Head Office: Tokyo, President & Representative Director: Hiromasa Amano), established a special purpose company on July 11 to construct a mixed-use building on the site of the former Yokohama Building in Yokohama’s Naka Ward. The new 99-meter-tall structure is scheduled to be completed in the fall or winter of 2026 as a mixed-use building under Yokohama City's redevelopment plan for Kaigandori Avenue in Naka Ward.

NYK has also begun considering the reconstruction of the Yusen Building in central Tokyo (Marunouchi, Chiyoda-ku), where NYK has its head office, with completion occurring around the first half of 2030s. During reconstruction, the company would temporarily relocate its head office functions to the new Yokohama Building.