Nippon Tradings International
Foreign companies and individuals in China and Hong Kong are targeting Japan’s real estate, including areas of forest and land with access to water resources in the Kyushu region, prompting concerns from local governments and residents.
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The nation’s largest business lobby recently released a report that it says shows the benefits that can come from allowing people to take on secondary employment.
View articleThe government’s current wood utilization strategy targets buildings with up to three stories, but it will expand the coverage to structures with four or more stories in response to technological innovation, the sources said.
View articleIt has been more than a year since COVID-19 transformed the world, forcing changes in lifestyle, imposing restrictions across businesses - without warning, without bias. In the investment world, the priority became “flight to safety,” which has historically always favored the land of the rising sun. Japan stands as a self-sustaining market with deep domestic demand, less reliant on foreign trade. A country with relatively stable currency. A national environment unlikely to be affected by geopolitical risk. Here is how various sectors of the Japanese property market have maintained their stability over the last year –
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Japan is bolstering its autonomous driving ambitions with a new project to be formally introduced Wednesday to expand the use of self-driving vehicles in more than 40 locations around the country by 2025. The “Road to the L4” project aims to popularize advanced mobility services including Level 4 autonomous driving, wherein vehicles can operate without a human at the wheel. It will include demonstrations of the technology to promote acceptance and understanding, according to the Ministry of Economy, Trade and Industry. One of the goals is to help revitalize communities.
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Japanese land prices fell for the second straight year as the country’s closed borders and state of emergency curbs to combat the coronavirus pandemic hit demand for new restaurants and hotels…
View article“I was distressed both physically and mentally” in the former apartment, which had floor space of 25 sq. meters, she said, explaining why she has relocated to the new apartment, which is roughly twice as big. In the studio, she had no space for a desk despite having to work more from home, and her work and rest time became increasingly difficult to separate. One of her friends became ill due to continuously working from a small apartment, she said. Although the monthly rent for the new apartment is about 20,000 yen ($182) higher, she said, “I feel relaxed here.”
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Once thought of as impossible to sell, each of the properties is marked by a dark history. They were the sites of various unfortunate incidents, including the deaths of previous residents. But now, Marks’ Jobutsu Estate website, named after the Japanese word for “resting in peace,” is showcasing these properties rather than giving them a pass.
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Japan’s long-running mission to get casino resorts off the ground has been delayed not only because of the coronavirus but also due to related political scandals and public opposition. As Yokohama prepares for a mayoral election on Aug. 22, it and other localities hoping for a casino resort are moving forward with plans to formally finalize their proposals, which the central government will accept from October until April 28, 2022.
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As billions of people watch the Olympics, front and center is the Olympic cauldron, fueled by hydrogen. It’s an important statement Japan is sending to the world: They are on a new path to a clean energy society. A brand new, totally green, facility in Fukushima produces hydrogen – the most abundant element in the universe. The plant uses solar energy, then takes water and splits it into hydrogen. The result is clean burning fuel and no carbon footprint.
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One would think that with Covid-19 and between people keen on running away from major urban centres to get away from crowds, and Japan’s aging demographics, the residential property market would take a hit. No so! In fact, just the opposite. Institutional investors have, in fact, been pouring funds into portfolios.
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Japan, known for its rigid work culture, is entertaining changes to the standard workweek few would have predicted even several years ago. The country’s annual economic policy guidelines, released this month, unveiled plans to push employers to adopt four-day workweeks, marking official acceptance of a once-fringe approach that has gained increasing purchase internationally amid workplace changes wrought by the coronavirus pandemic.
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