Katsuyo Kuwako

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

Tokyo building boom causes debt fatigue as Sumitomo yields rise

Aug 18, 2015

Tokyo building boom causes debt fatigue as Sumitomo yields rise

Sumitomo Realty & Development Co. is forecasting a third-straight year of record operating income as “Abenomics,” the name give to Prime Minister Shinzo Abe’s economic policies, spurs a property market boom. That doesn’t mean investors have unlimited appetite for its debt. The nation’s third-largest ...

Salarymen sidelined as Chinese descend on Japan property market

Jul 3, 2015

Salarymen sidelined as Chinese descend on Japan property market

The trend has already hit Sydney, Vancouver and the U.S. Now it’s happening in Japan: busloads of real estate buyers from China are coming in, buying up homes and pushing prices higher. Realty agencies in Beijing are organizing twice-monthly tours to Tokyo and Osaka, ...

Bubble-era missteps shape Tokio Marine's property strategy

Apr 16, 2015

Bubble-era missteps shape Tokio Marine's property strategy

Tokio Marine Holdings Inc., one of the nation’s oldest insurers, is joining its Chinese peers in investing in property overseas — but with a twist. Unlike counterparts like China Life Insurance Co. and Anbang Insurance Group Co., which have been buying trophy properties in ...

Mar 3, 2015

Abe property boom spurs REITs to favor stock sales

Real estate investment trusts are raising more funds from shares and avoiding a volatile bond market, as investors bet “Abenomics” will boost property prices. REITs offered ¥222 billion of equity this year, already the busiest quarter since the final three months of 2013. Note ...

Dec 9, 2014

Tokyo may fail Olympic sustainability vow, activists say

Tokyo risks falling down on its pledge to stage an environmentally sustainable 2020 Olympics due to the import of illegally felled timber from Southeast Asia, activist group Global Witness said. Some of Japan’s biggest construction companies buy plywood from Borneo, where the rain forest ...

Jun 13, 2014

Japan needs tougher laws to end illegal timber imports, NGO says

Japan, the world’s fourth-largest buyer of timber products, needs to introduce laws and stricter oversight to stamp out imports of illegally logged wood, according to the activist group Environmental Investigation Agency. The country’s laws do not require private buyers of foreign timber to ensure ...

Contractors feeling impact of 'Abenomics'

Apr 30, 2014

Contractors feeling impact of 'Abenomics'

The construction industry is raising wages and selling bonds as Prime Minister Shinzo Abe’s stimulus policies cause labor shortages and a need for funds. Obayashi Corp., the country’s second-largest contractor by market value, raised ¥10 billion in a sale last Friday of five-year bonds ...