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April 26, 2024
 

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CONSTRUCTION INDUSTRY

The average condo price in central Tokyo's 23 wards came to ¥104.64 million in fiscal 2023, topping ¥100 million for the first time on a fiscal year basis.
BUSINESS
Apr 19, 2024
Tokyo-area condo prices hit record high for third year in a row
In central Tokyo's 23 wards, the average condo price rose 5.7% to ¥104.64 million, topping ¥100 million for the first time.
Rapidus' semiconductor foundry construction site in Hokkaido
BUSINESS / Companies
Apr 15, 2024
Chip plant wizard weathers Hokkaido’s bitter cold in latest test
Construction firm Kajima is plowing through a series of challenges to get a chipmaking factory built on time in snowy Hokkaido.
Osaka Expo organizers came up with a new timeline for the construction of "Type A" pavilions following discussions with overseas participants and general contractors in charge of developing the venue.
JAPAN
Feb 16, 2024
Completion of 2025 Expo's participant-built pavilions delayed to October
The organizer plans to finish checking the completed buildings by January 2025 before the opening of the global event in April.
A statue of Myaku-Myaku, the official mascot of the 2025 Expo, in Osaka. Organizers expect the six-month expo to draw some 28 million people, including 3.5 million from abroad.
JAPAN
Feb 8, 2024
Osaka Expo budget expected to rise again by ¥200 million
The latest request would raise the total amount of money directly spent by the national government on all expo-related activities to ¥164.9 billion.
Condominiums in Tokyo's Chuo Ward
BUSINESS / Economy
Jan 27, 2024
Central Tokyo condo price tops ¥100 million for first time
The record average price was driven by luxury properties and soaring construction material prices.
A worker builds a home in Lillington, North Carolina, in June. Appetite among Japanese companies in the U.S. homebuilding market is growing as they struggle with a declining population at home.
BUSINESS / Companies
Jan 19, 2024
A $4.9 billion Japan deal for a U.S. builder heralds more M&A
Appetite among Japanese buyers in the U.S. homebuilding market is growing as they struggle with a declining population at home.
A look into what used to be the Koyamacho neighborhood in Tokyo's Minato Ward may reveal what Japan stands to lose from not protecting its recent past.
COMMUNITY / Voices / FOREIGN AGENDA
Dec 25, 2023
Mita facelift paves over another slice of Tokyo history
The death of Koyamacho shows that Japan needs to begin preserving some parts of its modern history for future generations.
Salmon on sale in Sapporo on Dec. 1. The region has been hit hard by a Chinese ban on Japanese seafood products following the release into the ocean of treated, tritium-laced water from the Fukushima No. 1 nuclear power plant.
JAPAN / Society / Regional Voices: Hokkaido
Dec 15, 2023
Hokkaido to face issues around Rapidus, seafood and '2024 problem'
An influx of foreign residents is expected in Chitose, while China's ban on marine products continues to hurt the region.
The maglev shinkansen line was originally scheduled for opening in 2027.
JAPAN
Dec 15, 2023
JR Central changes opening date of maglev shinkansen line
The line will open "no earlier than 2027" due to uncertainties over when drilling works for a tunnel in Shizuoka Prefecture can commence.
Osaka's Yumeshima island in November
JAPAN / Society
Dec 5, 2023
Osaka Expo woes weigh on city's casino resort project
Given the logistical and timing issues facing the expo, there are concerns over whether the casino resort can be built on schedule.
The defunct Ichiyotei Hotel (background), which is undergoing renovation work, and a model of the proposal for the building in Minakami, Gunma Prefecture.
BUSINESS
Dec 3, 2023
Residents use big-city thinking to bring onsen town back from brink
It is hoped that Minakami Onsen can be returned to its past glory as a tourism hot spot in collaboration with local authorities and private companies.
Port Plus is a training and education facility in Yokohama built by and for general contractor Obayashi, a storied Japanese builder that traces its roots back to 1892.
BUSINESS
Nov 16, 2023
Wooden high-rise in Yokohama grows Japan’s timber ambitions
Port Plus, which was finished last year, is composed mainly of 540 wooden rigid cross-joints.
Land Minister Tetsuo Saito (center right) visits Yumeshima, the venue for the 2025 Osaka-Kansai Japan Expo, on Nov. 3.
JAPAN / Politics
Nov 9, 2023
Troubled 2025 Osaka Expo could see further cost increases
Amid numerous challenges, Osaka officials hope no further discussions on increasing the budget of the troubled event will be needed.
People walk past ginkgo trees in Tokyo's Meiji Jingu Gaien area in November 2022.
JAPAN / Explainer
Nov 6, 2023
What to know about the Meiji Jingu Gaien redevelopment plan
The project is controversial due to the potential felling of thousands of trees, loss of green space and threat to historic gingko trees.
A construction crane beyond an apartment building at dusk in the Prenzlauer Berg district in Berlin, in February.
BUSINESS / Economy
Nov 3, 2023
Europe’s great housing crisis is only getting started
With housing already tight, the situation threatens to weigh on growth and further stoke political tensions as shortages squeeze more and more voters.
Industry minister Yasutoshi Nishimura and Hanako Jimi, minister for the World Expo 2025, have said that inflated expenses for the expo venue's construction are inevitable for a successful event given soaring material and labor costs.
JAPAN / Politics
Nov 2, 2023
Japan OKs construction budget of up to ¥235 billion for Osaka Expo
The cost will be split among the central government, the Osaka prefectural and city governments, and the business community.
An official speaks during a government-sponsored tour of the 2025 Osaka Expo site on Yumeshima island, Osaka, on Sept. 14.
JAPAN / Society
Oct 12, 2023
As 2025 Osaka Expo nears, foreign pavilion woes continue to mount
Over 50 countries had been expected to design and build their own pavilions. So far, only two have been greenlighted by Osaka city to begin construction.
The Osaka Expo will be held on the man-made island of Yumeshima in Osaka Bay in 2025.
JAPAN
Sep 25, 2023
Osaka Expo organizer to raise construction cost estimate again
In December 2020 it was announced that the cost of building the venue would reach ¥185 billion, exceeding the initial estimate of ¥125 billion.
A worker is seen in front of one of the pavilions at the construction site of the 2025 Osaka Expo during a government-sponsored tour of the area on Yumeshima island, Osaka, on Sept. 14.
JAPAN
Sep 20, 2023
Osaka Expo venue construction cost likely to soar
The figure is expected to rise above the current ¥185 billion to exceed ¥200 billion, sources have said.
A site in a specified reconstruction area in Okuma, Fukushima Prefecture, where demolition and decontamination work is conducted
JAPAN
Sep 20, 2023
Possibly contaminated iron scraps from near Fukushima plant sold
Workers at a subcontractor of Kajima took the scraps without permission, violating the process of dealing with contaminated waste.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Over 40% of Japan's municipalities at risk of vanishing, study finds
Of 1,729 local municipalities nationwide, 744 have been identified as being at risk of disappearing.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Tokyo issues strong warning on yen intervention as currency dips further
Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok on the sidelines of IMF and G20 meetings in Washington last week.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.

Podcast

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[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

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