It was closed on August 31, 2006 and moved to Mibu, Tochigi on April 28, 2007, where it features exhibits on Ultraman, Gundam, Godzilla, Super Sentai, and a Gundam-themed cafe along with various shops attached to the museum.

The entrance to the museum was located on the third floor on the same level with the Matsudo station of the Joban Line.

Bandai expressed its apologies and thanked all the visitors that visited the museum in the previous three years.

On April 28, 2007, the Omocha no Machi Bandai Museum in Mibu, Tochigi opened for business.

The Character World spans the remaining half of the seventh floor, usable space unoccupied by the Gundam Museum, and some parts of the sixth floor, featuring various exhibit displays from series like Ultraman, Mazinger, Kamen Rider, Godzilla, and various anime and Super Sentai series.