Katsuyo Kuwako

For Katsuyo Kuwako's latest contributions to The Japan Times, see below:

In financial straits, shrines turn to luxury property development

May 11, 2017

In financial straits, shrines turn to luxury property development

Shinto elders at the centuries-old Unesco World Heritage Site of Shimogamo Shrine upset neighbors when they bulldozed a swath of old Kyoto forest to build an apartment complex with units selling for more than $2 million apiece. "They should call it the Shimogamo Corporation," says ...

A ski resort success, Niseko defies rural Japan's demographic decline

Aug 28, 2016

A ski resort success, Niseko defies rural Japan's demographic decline

Japan's shrinking population has weighed on the world's third-biggest economy, alarmed government forecasters and turned some rural communities into veritable ghost towns. Not so in Niseko, a ski resort community in Hokkaido that is prospering in the face of all the demographic gloom. The local government ...

Real estate firm plans Airbnb rentals amid tourism boom

Jul 28, 2016

Real estate firm plans Airbnb rentals amid tourism boom

Star Mica Co., a Tokyo-listed real-estate company founded by an ex-Goldman Sachs Group Inc. banker, plans to double returns from apartments, using Airbnb to house foreign tourists. The company owns about 2,500 apartments mostly in Tokyo, and is considering renting some of them to overseas ...