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May 17, 2024
 

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REAL ESTATE

Japan Times
JAPAN
Nov 17, 2015
Japan piling probe to expand to entire industry as data falsification fears grow
The infrastructure ministry says it will expand its probe into data management for piling work to the entire industry, as fears of manipulation involving building foundation piles continue to grow.
Japan Times
ASIA PACIFIC
Nov 16, 2015
Philippines' Aquino pushes infrastructure projects as term in office ends
With seven months left in office, Philippine President Benigno Aquino III is taking measures to strengthen his infrastructure legacy and boost the resilience of one of Asia's fastest-growing economies.
JAPAN
Nov 13, 2015
Asahi Kasei piling scandal grows to at least 50 workers, 266 sites
The company at the center of Yokohama's tilting condominium reveals that over 50 employees falsified data on at least 266 piling projects over the past decade.
Japan Times
JAPAN
Nov 12, 2015
Prime contractor for tilting Yokohama condo makes first public apology
The vice president of Sumitomo Mitsui Construction, the prime contractor for the tilting condominium building in Yokohama, has apologized over the incident — the first such acknowledgment of regret by the company since the scandal broke mid-October.
BUSINESS / Companies
Nov 11, 2015
Sumitomo Mitsui Construction says it cannot estimate earnings impact of scandal
Sumitomo Mitsui Construction Co. said Wednesday it cannot estimate the impact on future earnings of a scandal that began with falsified data for pilings of a now-tilting condominium building.
EDITORIALS
Nov 11, 2015
Piling scandal needs deep probe
The probe into the piling data scandal mustn't end with individual companies and workers; instead it should dig deep into the very foundation of the construction industry and get at the real root of the problem.
JAPAN
Nov 6, 2015
Local governments expand piles probe
As the data falsification scandal involving Asahi Kasei Construction Materials Corp. continues to reverberate, municipal governments have started looking into the piling work of other firms, too.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Oct 31, 2015
Not-so-friendly neighborhood associations
When the U.S. military took charge following Japan's surrender in 1945, one of the first things it did was ban jichikai, or community associations. The thinking was that these organizations had carried out the work of the military government at the neighborhood level and their continued existence might...
JAPAN
Oct 27, 2015
Employee in building piling scandal also worked on neutrino facility
An employee of the Asahi Kasei Corp. subsidiary at the heart of a data falsification scandal also handled piling work for a neutrino experimental facility in Ibaraki, the prefectural government said Tuesday.
Japan Times
JAPAN
Oct 22, 2015
Asahi Kasei subsidiary worker linked to leaning Yokohama condo handled 41 projects over 10 years, firm reveals
An Asahi Kasei Construction Materials Corp. employee at the center of a tilting condo controversy oversaw 41 projects in nine prefectures over 10 years.
Japan Times
BUSINESS
Oct 22, 2015
Kuroda effect seen as homebuyers choose fixed-rate mortgages
Homebuyers are starting to bet that the unprecedented monetary easing of Bank of Japan Gov. Haruhiko Kuroda will cause interest rates to rise, even as inflation stagnates well below the official 2 percent inflation target.
Japan Times
JAPAN
Oct 20, 2015
Tilting condo may be tip of iceberg for shoddy housing construction nationwide
The scandal surrounding structural flaws and falsified data for a tilting residential building in Yokohama has cast a spotlight on loopholes in the real estate industry's entrenched system, according to experts who speculate the trouble may turn out to be just the tip of an iceberg.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Oct 3, 2015
Don't be green about the charm of tatami
When we were thinking of buying a condominium, we visited several old danchi — apartments built by Japan's former public housing corporation — because they were cheap and, we thought, easy to renovate. One of the units we inspected had bedroom floors made of tatami mats, and we wondered if...
EDITORIALS
Sep 25, 2015
Clouds on the horizon for land prices
Land prices are generally on the upswing, but the gap between urban and rural areas is growing worse.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Sep 5, 2015
Score eco points for your home ground
Several months ago we had most of the windows in our home replaced, even though the house is less than 2 years old. When we had it built we ordered standard double-glazed windows with aluminum frames and sashes, thinking it would be enough, but after the first winter we realized is wasn't, so we decided...
BUSINESS
Sep 4, 2015
Smartphone game-maker DeNA, builder Haseko join Nikkei 225
DeNA Co., the social website operator that's working with Nintendo Co. on smartphone games, and condominium builder Haseko Corp. will join Japan's Nikkei 225 Stock Average.
Japan Times
BUSINESS / Companies
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.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Aug 1, 2015
Your home may be your castle, but not all of it is yours
When we were thinking about buying a condominium some years ago, we looked at older units and brand new ones, and one of our least favorite features was pebbled or fogged window glass, which was ubiquitous. Early on, when we didn't know any better, we asked a real estate agent how much it would cost...
BUSINESS
Jul 24, 2015
Long history of money-losers for Japan Inc.
Here we go again?
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jul 4, 2015
Temblors in the home insurance business
When we were looking around for a financial institution for a housing loan, we found that the major ones didn't really want to talk to us, but there were plenty of other places that would.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Man suspected of using smart glasses to cheat on Waseda University exams
The Waseda University campus in Tokyo. An 18-year-old male test-taker is suspected of using smart glasses to cheat during the university's entrance exam.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.

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